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REGISTERED NUMBER: 13395650 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 May 2024

for

Green Acorn Commercial Limited

Green Acorn Commercial Limited (Registered number: 13395650)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Green Acorn Commercial Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: P G Sleightholme





REGISTERED OFFICE: 75 Springfield Road
Chelmsford
Essex
CM2 6JB





REGISTERED NUMBER: 13395650 (England and Wales)





ACCOUNTANTS: LB Group Advisory Limited
Swift House, Ground Floor
18 Hoffmanns Way
Chelmsford
Essex
CM1 1GU

Green Acorn Commercial Limited (Registered number: 13395650)

Balance Sheet
31 May 2024

31.5.23 31.5.24
£    £    Notes £    £   
FIXED ASSETS
985 Tangible assets 4 2,902
363,472 Investment property 5 363,472
364,457 366,374

CURRENT ASSETS
12,908 Debtors 6 16,138
20,921 Cash at bank 24,764
33,829 40,902
CREDITORS
337,049 Amounts falling due within one year 7 329,615
(303,220 ) NET CURRENT LIABILITIES (288,713 )
61,237 TOTAL ASSETS LESS CURRENT
LIABILITIES

77,661

187 PROVISIONS FOR LIABILITIES 551
61,050 NET ASSETS 77,110

CAPITAL AND RESERVES
1 Called up share capital 1
61,049 Retained earnings 77,109
61,050 SHAREHOLDERS' FUNDS 77,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Green Acorn Commercial Limited (Registered number: 13395650)

Balance Sheet - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 November 2024 and were signed by:





P G Sleightholme - Director


Green Acorn Commercial Limited (Registered number: 13395650)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Green Acorn Commercial Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Green Acorn Commercial Limited (Registered number: 13395650)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 1,091
Additions 2,931
At 31 May 2024 4,022
DEPRECIATION
At 1 June 2023 106
Charge for year 1,014
At 31 May 2024 1,120
NET BOOK VALUE
At 31 May 2024 2,902
At 31 May 2023 985

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 363,472
NET BOOK VALUE
At 31 May 2024 363,472
At 31 May 2023 363,472

The director considers that the open market value of the investment properties were not materially different to the original cost.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 13,430 10,200
Other debtors 2,708 2,708
16,138 12,908

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Taxation and social security 8,792 7,200
Other creditors 320,823 329,849
329,615 337,049

Green Acorn Commercial Limited (Registered number: 13395650)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. POST BALANCE SHEET EVENTS

No events have occurred since the date of the Balance Sheet that need to be brought to the attention of the Shareholders or Third Parties.