Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-04-0156falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07224594 2023-04-01 2024-03-31 07224594 2022-04-01 2023-03-31 07224594 2024-03-31 07224594 2023-03-31 07224594 c:Director1 2023-04-01 2024-03-31 07224594 d:FurnitureFittings 2023-04-01 2024-03-31 07224594 d:FurnitureFittings 2024-03-31 07224594 d:FurnitureFittings 2023-03-31 07224594 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07224594 d:OfficeEquipment 2023-04-01 2024-03-31 07224594 d:OfficeEquipment 2024-03-31 07224594 d:OfficeEquipment 2023-03-31 07224594 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07224594 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07224594 d:CurrentFinancialInstruments 2024-03-31 07224594 d:CurrentFinancialInstruments 2023-03-31 07224594 d:Non-currentFinancialInstruments 2024-03-31 07224594 d:Non-currentFinancialInstruments 2023-03-31 07224594 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07224594 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07224594 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 07224594 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 07224594 d:ShareCapital 2024-03-31 07224594 d:ShareCapital 2023-03-31 07224594 d:RetainedEarningsAccumulatedLosses 2024-03-31 07224594 d:RetainedEarningsAccumulatedLosses 2023-03-31 07224594 c:FRS102 2023-04-01 2024-03-31 07224594 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07224594 c:FullAccounts 2023-04-01 2024-03-31 07224594 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07224594 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 07224594 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 07224594 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 07224594








GREEN FINANCIAL ADVICE LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED  31 MARCH 2024

 
GREEN FINANCIAL ADVICE LIMITED
REGISTERED NUMBER: 07224594

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
10,898
15,883

  
10,898
15,883

Current assets
  

Debtors: amounts falling due within one year
 5 
687
5,379

Cash at bank and in hand
  
332,701
354,218

  
333,388
359,597

Creditors: amounts falling due within one year
 6 
(136,649)
(115,785)

Net current assets
  
 
 
196,739
 
 
243,812

Total assets less current liabilities
  
207,637
259,695

Creditors: amounts falling due after more than one year
 7 
(10,000)
(10,000)

Provisions for liabilities
  

Deferred tax
 8 
(2,725)
(3,018)

  
 
 
(2,725)
 
 
(3,018)

Net assets
  
194,912
246,677


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
193,912
245,677

  
194,912
246,677


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
 
Page 1

 
GREEN FINANCIAL ADVICE LIMITED
REGISTERED NUMBER: 07224594
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024


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.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 November 2024.




I. J. Green
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
GREEN FINANCIAL ADVICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Green Financial Advice Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Bective House, 10 Bective Place, Putney, London, SW15 2PZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable excluding value added tax. 

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures & fittings
-
20% Straight Line
Office equipment
-
20% Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

Page 3

 
GREEN FINANCIAL ADVICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of income and retained earnings.
Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


Page 4

 
GREEN FINANCIAL ADVICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 6).


4.


Tangible fixed assets





Fixtures & fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
18,200
34,653
52,853


Additions
-
604
604



At 31 March 2024

18,200
35,257
53,457



Depreciation


At 1 April 2023
11,849
25,121
36,970


Charge for the year on owned assets
2,309
3,280
5,589



At 31 March 2024

14,158
28,401
42,559



Net book value



At 31 March 2024
4,042
6,856
10,898



At 31 March 2023
6,351
9,532
15,883

Page 5

 
GREEN FINANCIAL ADVICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
687
5,379

687
5,379



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
6,949
8,126

Corporation tax
115,462
89,416

Other taxation and social security
4,498
4,360

Other creditors
7,430
11,573

Accruals
2,310
2,310

136,649
115,785



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
10,000
10,000

10,000
10,000


Page 6

 
GREEN FINANCIAL ADVICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Deferred taxation




2024


£






At beginning of year
(3,018)


Charged to profit or loss
293



At end of year
(2,725)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(2,725)
(3,018)

(2,725)
(3,018)


9.


Pension commitments

The company made employers contributions into the directors' pension funds of £29,167 (2023 - £20,000) during the year.

 
Page 7