Company Registration No. 08886894 (England and Wales)
GREENER ROADS LTD.
Unaudited accounts
for the year ended 29 February 2024
GREENER ROADS LTD.
Unaudited accounts
Contents
GREENER ROADS LTD.
Company Information
for the year ended 29 February 2024
Company Number
08886894 (England and Wales)
Registered Office
38 RIVERSIDE
SOUTH CHURCH
BISHOP AUCKLAND
COUNTY DURHAM
DL14 6XT
Accountants
Fresh Business Solutions Limited
4 King Street
Spennymoor
Durham
DL16 6QG
GREENER ROADS LTD.
Statement of financial position
as at 29 February 2024
Tangible assets
11,832
14,133
Cash at bank and in hand
32,906
30,749
Creditors: amounts falling due within one year
(14,151)
(13,586)
Net current assets
27,755
25,563
Total assets less current liabilities
39,587
39,696
Creditors: amounts falling due after more than one year
(9,911)
(14,291)
Provisions for liabilities
Profit and loss account
29,146
24,875
Shareholders' funds
29,146
24,875
For the year ending 29 February 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 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 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 26 November 2024 and were signed on its behalf by
Phillip Lewis
Director
Company Registration No. 08886894
GREENER ROADS LTD.
Notes to the Accounts
for the year ended 29 February 2024
GREENER ROADS LTD. is a private company, limited by shares, registered in England and Wales, registration number 08886894. The registered office is 38 RIVERSIDE, SOUTH CHURCH, BISHOP AUCKLAND, COUNTY DURHAM, DL14 6XT.
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.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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.
GREENER ROADS LTD.
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
22,075
405
4,614
27,094
At 29 February 2024
22,075
968
4,614
27,657
At 1 March 2023
9,316
5
3,640
12,961
Charge for the year
2,552
120
192
2,864
At 29 February 2024
11,868
125
3,832
15,825
At 29 February 2024
10,207
843
782
11,832
At 28 February 2023
12,759
400
974
14,133
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,330
6,725
Loans from directors
4,557
3,265
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).