BrightAccountsProduction v1.0.0 v1.0.0 2023-03-01 The company was not dormant during the period The company was trading for the entire period The principal activity of the company is the sale and provision of foliage 19 November 2024 0 0 13295369 2024-02-29 13295369 2023-02-28 13295369 2022-02-28 13295369 2023-03-01 2024-02-29 13295369 2022-03-01 2023-02-28 13295369 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13295369 uk-curr:PoundSterling 2023-03-01 2024-02-29 13295369 uk-bus:FullAccounts 2023-03-01 2024-02-29 13295369 uk-bus:Director1 2023-03-01 2024-02-29 13295369 uk-bus:Director2 2023-03-01 2024-02-29 13295369 uk-bus:RegisteredOffice 2023-03-01 2024-02-29 13295369 uk-bus:Agent1 2023-03-01 2024-02-29 13295369 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 13295369 uk-core:ShareCapital 2024-02-29 13295369 uk-core:ShareCapital 2023-02-28 13295369 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 13295369 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 13295369 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-02-29 13295369 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-02-28 13295369 uk-core:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-29 13295369 uk-bus:FRS102 2023-03-01 2024-02-29 13295369 uk-core:CurrentFinancialInstruments 2024-02-29 13295369 uk-core:CurrentFinancialInstruments 2023-02-28 13295369 uk-core:WithinOneYear 2024-02-29 13295369 uk-core:WithinOneYear 2023-02-28 13295369 uk-core:ParentEntities 2023-03-01 2024-02-29 13295369 2023-03-01 2024-02-29 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 13295369
 
 
Irish Green Guys Limited (UK)
 
Directors' Report and Unaudited Financial Statements
 
for the financial year ended 29 February 2024



Irish Green Guys Limited (UK)
DIRECTORS AND OTHER INFORMATION

 
Directors James Costello
Melissa Costello
 
 
Company Registration Number 13295369
 
 
Registered Office and Business Address C/O PKF Littlejohn
15 Westferry Circus
London
E14 4HD
England
 
 
Accountants CSG Professional Services Ltd
Certified Public Accountants
3 Day Place
Tralee
Co.Kerry
 
 
Bankers Revolut



Irish Green Guys Limited (UK)
DIRECTORS' REPORT
for the financial year ended 29 February 2024

 
The directors present their report and the unaudited financial statements for the financial year ended 29 February 2024.
     
Directors
The directors who served during the financial year are as follows:
     
James Costello
Melissa Costello
   
There were no changes in shareholdings between 29 February 2024 and the date of signing the financial statements.
     
In accordance with the Constitution, the directors do not retire by rotation.
     
Political Contributions
The company did not make any disclosable political donations in the current financial year.
     
Statement of Directors' Responsibilities
     
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:
- select suitable accounting policies and apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
___________________________ ___________________________
James Costello Melissa Costello
Director Director
     
19 November 2024 19 November 2024



Irish Green Guys Limited (UK)

CERTIFIED PUBLIC ACCOUNTANTS REPORT
to the Board of Directors on the Compilation of the unaudited financial statements of Irish Green Guys Limited (UK)
for the financial year ended 29 February 2024
 
In accordance with our engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 29 February 2024 as set out on pages 6 to 12 which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the Board of Directors of Irish Green Guys Limited (UK), as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.
 
We compiled the financial statements in accordance with the guidance issued by the Institute of Certified Public Accountants in Ireland contained in M14 (Revised) "Compiling and reporting on financial statements of entities not subject to audit" and FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", applying Section 1A of that Standard, from the accounting records and information and explanations supplied to us by the Directors' and in compliance with the relevant ethical guidance of the Institute.
 
You have acknowledged on the Balance Sheet for the year ended 29 February 2024 your duty to ensure that Irish Green Guys Limited (UK) has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Irish Green Guys Limited (UK). You consider that Irish Green Guys Limited (UK) is exempt from the statutory audit requirement for the financial year.
 
We have not been instructed to carry out an audit or a review of the financial statements of Irish Green Guys Limited (UK). For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 
 
 
CSG PROFESSIONAL SERVICES LTD
Certified Public Accountants
3 Day Place
Tralee
Co.Kerry
 
19 November 2024



Irish Green Guys Limited (UK)
PROFIT AND LOSS ACCOUNT
for the financial year ended 29 February 2024
2024 2023
Notes £ £

Turnover 107,284 181,403
 
Cost of sales (75,846) (159,757)
───────── ─────────
Gross profit 31,438 21,646
 
Administrative expenses (19,679) (23,116)
───────── ─────────
Operating profit/(loss) 11,759 (1,470)
 
Interest payable and similar expenses - (5,027)
───────── ─────────
Profit/(loss) before taxation 11,759 (6,497)
 
Tax on profit/(loss) - -
───────── ─────────
Profit/(loss) for the financial year 11,759 (6,497)
───────── ─────────
Total comprehensive income 11,759 (6,497)
    ═════════   ═════════



Irish Green Guys Limited (UK)
Company Registration Number: 13295369
BALANCE SHEET
as at 29 February 2024

2024 2023
Notes £ £
 
Current Assets
Debtors 4 1,171 7,312
Cash and cash equivalents 3,742 1,552
───────── ─────────
4,913 8,864
───────── ─────────
Creditors: amounts falling due within one year 5 (18,704) (34,414)
───────── ─────────
Net Current Liabilities (13,791) (25,550)
───────── ─────────
Total Assets less Current Liabilities (13,791) (25,550)
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
Retained earnings (13,891) (25,650)
───────── ─────────
Equity attributable to owners of the company (13,791) (25,550)
═════════ ═════════
 
The financial statements have been prepared 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).
           
For the financial year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 19 November 2024 and signed on its behalf by
           
           
________________________________     ________________________________
James Costello     Melissa Costello
Director     Director
           



Irish Green Guys Limited (UK)
STATEMENT OF CHANGES IN EQUITY
as at 29 February 2024

Called up Retained Total
share earnings
capital
£ £ £
 
At 1 March 2022 100 (19,153) (19,053)
───────── ───────── ─────────
Loss for the financial year - (6,497) (6,497)
───────── ───────── ─────────
At 28 February 2023 100 (25,650) (25,550)
  ───────── ───────── ─────────
Profit for the financial year - 11,759 11,759
  ───────── ───────── ─────────
At 29 February 2024 100 (13,891) (13,791)
  ═════════ ═════════ ═════════



Irish Green Guys Limited (UK)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 29 February 2024

   
1. General Information
 
Irish Green Guys Limited (UK) is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 13295369. The registered office of the company is C/O PKF Littlejohn, 15 Westferry Circus, London, E14 4HD, England which is also the principal place of business of the company. The principal activity of the company is the sale and provision of foliage

The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 29 February 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company currently has no employees, therefore no defined contribution pension scheme is in operation.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 0, (2023 - 0).
       
4. Debtors 2024 2023
  £ £
 
Trade debtors 1,172 1,172
Amounts owed by related parties (1) -
Taxation  (Note 6) - 6,140
  ───────── ─────────
  1,171 7,312
  ═════════ ═════════
 
All debtors are due within one year.
       
5. Creditors 2024 2023
Amounts falling due within one year £ £
 
Trade creditors 3,711 30,814
Amounts owed to related parties (Note 8) 953 -
Taxation  (Note 6) 8,015 -
Accruals 6,025 3,600
  ───────── ─────────
  18,704 34,414
  ═════════ ═════════
 
The repayment terms of trade creditors vary between on demand and ninety days. No interest is payable on trade creditors.

Tax and social insurance are subject to the terms of the relevant legislation. Interest accrues on late payment at the rate of 0.0219% per month for corporation tax and 0.0273% for fiduciary taxes. No interest was due at the financial year end date.

The terms of the accruals are based on the underlying contracts.
       
6. Taxation 2024 2023
  £ £
 
Debtors:
VAT - 6,140
  ═════════ ═════════
Creditors:
VAT 8,015 -
  ═════════ ═════════
       
7. Capital commitments
 
The company had no material capital commitments at the financial year-ended 29 February 2024.
           
8. Related party transactions
 
Transactions with related party company include purchases and expenses of £66,128 and sales of £5,400

Balances owed to related parties is £954.
 
Net balances with related parties:
      2024 2023
      £ £
 
Trading amounts owed to related parties     954 -
      ═════════ ═════════
   
9. Parent company
 
The company regards Irish Green Guys Ltd as its parent company.
 
   
10. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.