Company Registration No. 11556881 (England and Wales)
Greenfield Removals and Storage Limited
Unaudited accounts
for the year ended 31 March 2024
Greenfield Removals and Storage Limited
Unaudited accounts
Contents
Greenfield Removals and Storage Limited
Company Information
for the year ended 31 March 2024
Directors
Mrs K E Fulton
Mr P Fulton
Company Number
11556881 (England and Wales)
Registered Office
37
Meadowcroft
Heswall
Wirral
CH60 1UT
United Kingdom
Accountants
Oakes Accounting Ltd
37
Meadowcroft
Heswall
Wirral
CH60 1UT
Greenfield Removals and Storage Limited
Statement of financial position
as at 31 March 2024
Intangible assets
8,000
10,000
Tangible assets
6,532
8,432
Cash at bank and in hand
2,689
766
Creditors: amounts falling due within one year
(8,072)
(2,854)
Net current (liabilities)/assets
(3,127)
564
Total assets less current liabilities
11,405
18,996
Creditors: amounts falling due after more than one year
(11,964)
(15,767)
Provisions for liabilities
Deferred tax
(1,864)
(1,864)
Net (liabilities)/assets
(2,423)
1,365
Called up share capital
2
2
Profit and loss account
(2,425)
1,363
Shareholders' funds
(2,423)
1,365
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 November 2024 and were signed on its behalf by
Mrs K E Fulton
Director
Company Registration No. 11556881
Greenfield Removals and Storage Limited
Notes to the Accounts
for the year ended 31 March 2024
Greenfield Removals and Storage Limited is a private company, limited by shares, registered in England and Wales, registration number 11556881. The registered office is 37, Meadowcroft, Heswall, Wirral, CH60 1UT, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax.
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income and retained earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or subsequently enacted by the balance sheet date.
Greenfield Removals and Storage Limited
Notes to the Accounts
for the year ended 31 March 2024
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
2,057
15,488
-
17,545
At 31 March 2024
2,057
15,488
17
17,562
At 1 April 2023
1,448
7,665
-
9,113
Charge for the year
411
1,506
-
1,917
At 31 March 2024
1,859
9,171
-
11,030
At 31 March 2024
198
6,317
17
6,532
At 31 March 2023
609
7,823
-
8,432
Amounts falling due within one year
Greenfield Removals and Storage Limited
Notes to the Accounts
for the year ended 31 March 2024
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,039
871
Loans from directors
(19)
-
8
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
-
753
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).