Acorah Software Products - Accounts Production 16.0.110 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 06712997 A Christopher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06712997 2022-10-31 06712997 2023-10-31 06712997 2022-11-01 2023-10-31 06712997 frs-core:CurrentFinancialInstruments 2023-10-31 06712997 frs-core:Non-currentFinancialInstruments 2023-10-31 06712997 frs-core:ShareCapital 2023-10-31 06712997 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 06712997 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 06712997 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 06712997 frs-bus:SmallEntities 2022-11-01 2023-10-31 06712997 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 06712997 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 06712997 frs-bus:Director1 2022-11-01 2023-10-31 06712997 frs-countries:EnglandWales 2022-11-01 2023-10-31 06712997 2021-10-31 06712997 2022-10-31 06712997 2021-11-01 2022-10-31 06712997 frs-core:CurrentFinancialInstruments 2022-10-31 06712997 frs-core:Non-currentFinancialInstruments 2022-10-31 06712997 frs-core:ShareCapital 2022-10-31 06712997 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 06712997
Greencycle Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06712997
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 71,210 178,581
Cash at bank and in hand 4,837 4,776
76,047 183,357
Creditors: Amounts Falling Due Within One Year 5 (149,432 ) (181,620 )
NET CURRENT ASSETS (LIABILITIES) (73,385 ) 1,737
TOTAL ASSETS LESS CURRENT LIABILITIES (73,385 ) 1,737
Creditors: Amounts Falling Due After More Than One Year 6 (16,665 ) (25,884 )
NET LIABILITIES (90,050 ) (24,147 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (90,150 ) (24,247 )
SHAREHOLDERS' FUNDS (90,050) (24,147)
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
A Christopher
Director
31/10/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Greencycle Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06712997 . The registered office is 274 Baker Street, Enfield, Middlesex, EN1 3LD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 71,210 -
Other debtors - 178,581
71,210 178,581
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 16,099 2,536
Bank loans and overdrafts 8,869 8,894
Other creditors 124,434 150,189
Taxation and social security 30 20,001
149,432 181,620
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 16,665 25,884
Page 2
Page 3
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 3