Company Registration No. 08164650 (England and Wales)
GREENACRES NURSERIES LIMITED
Unaudited accounts
for the year ended 30 September 2024
GREENACRES NURSERIES LIMITED
Unaudited accounts
Contents
GREENACRES NURSERIES LIMITED
Company Information
for the year ended 30 September 2024
Director
Karthika Kaneshanathan
Company Number
08164650 (England and Wales)
Registered Office
108 FAIRMILE LANE
COBHAM
KT11 2BX
Accountants
Tax Whizz
Greencoat House, First Floor
259 Stratford Road
Birmingham
West Midlands
B11 1QS
GREENACRES NURSERIES LIMITED
Statement of financial position
as at 30 September 2024
Investments
1,490,423
1,490,423
Cash at bank and in hand
2,293
1,000
Net current assets
110,439
163,203
Total assets less current liabilities
1,600,862
1,653,626
Creditors: amounts falling due after more than one year
(1,495,806)
(1,490,377)
Net assets
105,056
163,249
Called up share capital
1,000
1,000
Profit and loss account
104,056
162,249
Shareholders' funds
105,056
163,249
For the year ending 30 September 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 director acknowledges her 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 and authorised for issue on 25 November 2024 and were signed on its behalf by
Karthika Kaneshanathan
Director
Company Registration No. 08164650
GREENACRES NURSERIES LIMITED
Notes to the Accounts
for the year ended 30 September 2024
GREENACRES NURSERIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08164650. The registered office is 108 FAIRMILE LANE, COBHAM, KT11 2BX.
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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.
The accounts are presented in £ sterling.
Investments in shares are included at fair value.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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Investments
Other investments
Valuation at 1 October 2023
1,490,423
Valuation at 30 September 2024
1,490,423
Subsidiary investments
The company holds 20% or more of the share capital of the following companies:
Company: Oaktree Kindergarten Limited
Shares held Class: Ordinary
Percentage held: 100%
Company: J K Care Limited
Shares held Class: Ordinary
Percentage held: 100%
Amounts falling due after more than one year
Amounts due from group undertakings etc.
108,146
162,203
GREENACRES NURSERIES LIMITED
Notes to the Accounts
for the year ended 30 September 2024
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Creditors: amounts falling due after more than one year
2024
2023
Bank loans
380,702
373,973
Trade creditors
71,280
58,320
Amounts owed to group undertakings and other participating interests
24,422
30,949
Other creditors
1,017,105
1,007,278
Loans from directors
2,297
19,857
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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Transactions with related parties
INCOME AND INTEREST RECEIVABLE DERIVED FROM GROUP
UNDERTAKINGS
It was decided at the start of the accounting year that the company will start charging interest to
its fully owned subsidiary at a rate of 5% per annum.
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Average number of employees
During the year the average number of employees was 0 (2023: 0).