Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11120477 Mr Christopher Scott Mrs Xanthe Vernon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11120477 2023-03-31 11120477 2024-03-31 11120477 2023-04-01 2024-03-31 11120477 frs-core:CurrentFinancialInstruments 2024-03-31 11120477 frs-core:ComputerEquipment 2024-03-31 11120477 frs-core:ComputerEquipment 2023-04-01 2024-03-31 11120477 frs-core:ComputerEquipment 2023-03-31 11120477 frs-core:FurnitureFittings 2024-03-31 11120477 frs-core:FurnitureFittings 2023-04-01 2024-03-31 11120477 frs-core:FurnitureFittings 2023-03-31 11120477 frs-core:MotorVehicles 2024-03-31 11120477 frs-core:MotorVehicles 2023-04-01 2024-03-31 11120477 frs-core:MotorVehicles 2023-03-31 11120477 frs-core:PlantMachinery 2024-03-31 11120477 frs-core:PlantMachinery 2023-04-01 2024-03-31 11120477 frs-core:PlantMachinery 2023-03-31 11120477 frs-core:ShareCapital 2024-03-31 11120477 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11120477 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11120477 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11120477 frs-bus:SmallEntities 2023-04-01 2024-03-31 11120477 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11120477 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11120477 frs-bus:Director1 2023-04-01 2024-03-31 11120477 frs-bus:Director2 2023-04-01 2024-03-31 11120477 frs-core:CurrentFinancialInstruments 1 2024-03-31 11120477 frs-countries:EnglandWales 2023-04-01 2024-03-31 11120477 2022-03-31 11120477 2023-03-31 11120477 2022-04-01 2023-03-31 11120477 frs-core:CurrentFinancialInstruments 2023-03-31 11120477 frs-core:ShareCapital 2023-03-31 11120477 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 11120477 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 11120477
Green Mile Trees Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11120477
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 169,576 179,416
169,576 179,416
CURRENT ASSETS
Stocks 5 185,000 192,000
Debtors 6 661,255 591,466
Cash at bank and in hand 1,263,228 726,623
2,109,483 1,510,089
Creditors: Amounts Falling Due Within One Year 7 (621,740 ) (437,746 )
NET CURRENT ASSETS (LIABILITIES) 1,487,743 1,072,343
TOTAL ASSETS LESS CURRENT LIABILITIES 1,657,319 1,251,759
PROVISIONS FOR LIABILITIES
Deferred Taxation (18,371 ) (22,981 )
NET ASSETS 1,638,948 1,228,778
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 1,638,848 1,228,678
SHAREHOLDERS' FUNDS 1,638,948 1,228,778
Page 1
Page 2
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Christopher Scott
Director
Mrs Xanthe Vernon
Director
16th August 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Green Mile Trees Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11120477 . The registered office is Greenmile, Old London Road, Babworth, Retford, Nottinghamshire, DN22 8JG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% reducing balance
Motor Vehicles 20% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 25% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2023: 14)
14 14
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 129,220 99,973 83,845 7,728 320,766
Additions 22,416 - - 1,792 24,208
As at 31 March 2024 151,636 99,973 83,845 9,520 344,974
Depreciation
As at 1 April 2023 59,226 43,571 32,777 5,776 141,350
Provided during the period 13,860 11,280 7,755 1,153 34,048
As at 31 March 2024 73,086 54,851 40,532 6,929 175,398
Net Book Value
As at 31 March 2024 78,550 45,122 43,313 2,591 169,576
As at 1 April 2023 69,994 56,402 51,068 1,952 179,416
5. Stocks
2024 2023
£ £
Stock 185,000 192,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 300,592 253,253
Provision for debit balances 24,000 -
Amounts owed by associates 336,663 338,213
661,255 591,466
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 278,508 267,784
Corporation tax 165,780 71,350
Other taxes and social security - 7,541
VAT 117,203 85,867
Other creditors 1,606 1,435
Accruals and deferred income 6,770 2,750
Directors' loan accounts 51,873 1,019
621,740 437,746
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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