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REGISTERED NUMBER: 04368713 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

GUARDIAN ENVIRONMENTAL GROUP LIMITED

GUARDIAN ENVIRONMENTAL GROUP LIMITED (REGISTERED NUMBER: 04368713)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


GUARDIAN ENVIRONMENTAL GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







Directors: S R Thurstans
Mrs J Thurstans





Secretary: Mrs J Thurstans





Registered office: Guardian House
117 Clophill Road
Maulden
Bedfordshire
MK45 2AE





Registered number: 04368713 (England and Wales)






GUARDIAN ENVIRONMENTAL GROUP LIMITED (REGISTERED NUMBER: 04368713)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 5,813 7,552
Investments 5 16,858 16,858
22,671 24,410

Current assets
Debtors 6 18,458 55
Cash at bank 14,872 16,683
33,330 16,738
Creditors
Amounts falling due within one year 7 10,532 15,140
Net current assets 22,798 1,598
Total assets less current liabilities 45,469 26,008

Capital and reserves
Called up share capital 1,000 1,000
Share premium 15,858 15,858
Retained earnings 28,611 9,150
Shareholders' funds 45,469 26,008

GUARDIAN ENVIRONMENTAL GROUP LIMITED (REGISTERED NUMBER: 04368713)

BALANCE SHEET - continued
30 APRIL 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2024 and were signed on its behalf by:





S R Thurstans - Director


GUARDIAN ENVIRONMENTAL GROUP LIMITED (REGISTERED NUMBER: 04368713)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. Statutory information

Guardian Environmental Group Limited is a private company, limited by shares, registered in England and Wales. The registered office is Guardian House, 117 Clophill Road, Maulden, Bedfordshire MK45 2AE.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Revenue
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty.

Revenue from the provision of services is recognised by reference to the stage of completion, where the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is measured by reference to costs incurred to date as a percentage of total estimated costs. Where the outcome cannot be measured reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Interest income is recognised as interest accrues using the effective interest method.

Other investment income is recognised when the company's right to receive payment is established.

GUARDIAN ENVIRONMENTAL GROUP LIMITED (REGISTERED NUMBER: 04368713)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. Accounting policies - continued

Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation less accumulated depreciation and accumulated impairment losses.

Depreciation is recognised so as to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life as follows:

Leasehold improvements - over the the lease term
Fixtures, fittings and equipment - 20% pa reducing balance
Motor vehicles - 25% pa reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is credited or charged to the profit or loss.

Investments in subsidiaries
Interests in subsidiaries and associates are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. Investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset’s cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

GUARDIAN ENVIRONMENTAL GROUP LIMITED (REGISTERED NUMBER: 04368713)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. Accounting policies - continued

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held on call with banks, other short term liquid investments and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments
The company only has financial assets and financial liabilities of the kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. The company has no bank loans or other more complex financial instruments that require measurement at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Taxation
The tax expense for the year comprises the sum of tax currently payable and deferred tax.

Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax liabilities are generally recognised in respect of all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

GUARDIAN ENVIRONMENTAL GROUP LIMITED (REGISTERED NUMBER: 04368713)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. Accounting policies - continued

Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to income on a straight line basis over of the lease contract.

Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease except where another, more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed.

Pension costs and other post-retirement benefits
Payments to defined contribution retirement benefit schemes are charged to profit or loss in the period to which they relate.

Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

GUARDIAN ENVIRONMENTAL GROUP LIMITED (REGISTERED NUMBER: 04368713)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. Tangible fixed assets
Plant and
Land and machinery
buildings etc Totals
£    £    £   
Cost
At 1 May 2023
and 30 April 2024 27,441 68,079 95,520
Depreciation
At 1 May 2023 27,441 60,527 87,968
Charge for year - 1,739 1,739
At 30 April 2024 27,441 62,266 89,707
Net book value
At 30 April 2024 - 5,813 5,813
At 30 April 2023 - 7,552 7,552

5. Fixed asset investments
Shares in
group
undertaking
£   
Cost
At 1 May 2023
and 30 April 2024 16,858
Net book value
At 30 April 2024 16,858
At 30 April 2023 16,858

Guardian Environmental Group Limited holds 100% of the share capital in Guardian Environmental Services Limited, which is registered in England and Wales:

GUARDIAN ENVIRONMENTAL GROUP LIMITED (REGISTERED NUMBER: 04368713)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


6. Debtors: amounts falling due within one year
2024 2023
£    £   
Amounts owed by group undertakings 18,306 -
Other debtors 152 55
18,458 55

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Amounts owed to group undertakings - 4,341
Taxation and social security 3,983 4,152
Other creditors 6,549 6,647
10,532 15,140

8. Related party disclosures

The company has taken advantage of exemption available under the terms of FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" not to disclose related party transactions with wholly owned subsidiaries within the group.

9. Ultimate controlling party

The controlling party is S R Thurstans.