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 07913519 Mr John Beaumont Mr R Baines Mrs J Micklethwaite Mr Keith Welsh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07913519 2023-03-31 07913519 2024-03-31 07913519 2023-04-01 2024-03-31 07913519 frs-core:CurrentFinancialInstruments 2024-03-31 07913519 frs-core:PlantMachinery 2024-03-31 07913519 frs-core:PlantMachinery 2023-04-01 2024-03-31 07913519 frs-core:PlantMachinery 2023-03-31 07913519 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07913519 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 07913519 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07913519 frs-bus:SmallEntities 2023-04-01 2024-03-31 07913519 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07913519 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07913519 frs-bus:Director1 2023-04-01 2024-03-31 07913519 frs-bus:Director2 2023-04-01 2024-03-31 07913519 frs-bus:Director3 2023-04-01 2024-03-31 07913519 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 07913519 frs-countries:EnglandWales 2023-04-01 2024-03-31 07913519 2022-03-31 07913519 2023-03-31 07913519 2022-04-01 2023-03-31 07913519 frs-core:CurrentFinancialInstruments 2023-03-31 07913519 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07913519
Green Future Building Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07913519
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 9,100 23,518
Debtors 6 2,387 39,280
Cash at bank and in hand 55,753 959
67,240 63,757
Creditors: Amounts Falling Due Within One Year 7 (48,478 ) (62,782 )
NET CURRENT ASSETS (LIABILITIES) 18,762 975
TOTAL ASSETS LESS CURRENT LIABILITIES 18,762 975
NET ASSETS 18,762 975
Income and Expenditure Account 18,762 975
MEMBERS' FUNDS 18,762 975
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 Income and Expenditure Account.
On behalf of the board
Mr John Beaumont
Director
2nd December 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Green Future Building Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 07913519 . The registered office is Unit G, Reins Mill, Huddersfield Road, Honley, Holmfirth, HD9 6NB.
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 33.33% on cost
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Manufacturing 2 2
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 608
As at 31 March 2024 608
Depreciation
As at 1 April 2023 608
As at 31 March 2024 608
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
5. Stocks
2024 2023
£ £
Materials 9,100 23,518
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 797 38,079
Prepayments and accrued income 1,590 1,201
2,387 39,280
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 36,080 48,486
VAT 7,702 6,173
Other creditors 3,996 7,423
Accruals and deferred income 700 700
48,478 62,782
8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3