IRIS Accounts Production v24.3.0.553 11250824 director 1.7.23 30.6.24 30.6.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112508242023-06-30112508242024-06-30112508242023-07-012024-06-30112508242022-06-30112508242022-07-012023-06-30112508242023-06-3011250824ns15:EnglandWales2023-07-012024-06-3011250824ns14:PoundSterling2023-07-012024-06-3011250824ns10:Director12023-07-012024-06-3011250824ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3011250824ns10:SmallEntities2023-07-012024-06-3011250824ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3011250824ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3011250824ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3011250824ns10:FullAccounts2023-07-012024-06-3011250824ns10:OrdinaryShareClass12023-07-012024-06-3011250824ns10:RegisteredOffice2023-07-012024-06-3011250824ns5:CurrentFinancialInstruments2024-06-3011250824ns5:CurrentFinancialInstruments2023-06-3011250824ns5:Non-currentFinancialInstruments2024-06-3011250824ns5:Non-currentFinancialInstruments2023-06-3011250824ns5:ShareCapital2024-06-3011250824ns5:ShareCapital2023-06-3011250824ns5:RevaluationReserve2024-06-3011250824ns5:RevaluationReserve2023-06-3011250824ns5:RetainedEarningsAccumulatedLosses2024-06-3011250824ns5:RetainedEarningsAccumulatedLosses2023-06-3011250824ns5:AdditionsToInvestments2024-06-3011250824ns5:CostValuation2024-06-3011250824ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-06-3011250824ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-06-3011250824ns10:OrdinaryShareClass12024-06-3011250824ns5:RevaluationReserve2023-06-30
REGISTERED NUMBER: 11250824 (England and Wales)





GREENLIGHT PD LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






GREENLIGHT PD LTD (REGISTERED NUMBER: 11250824)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GREENLIGHT PD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mr G A Harrison





REGISTERED OFFICE: 7 St John Street
Mansfield
Nottinghamshire
NG18 1QH





REGISTERED NUMBER: 11250824 (England and Wales)





ACCOUNTANTS: ApC
Chartered Accountants
7 St John Street
Mansfield
Nottinghamshire
NG18 1QH

GREENLIGHT PD LTD (REGISTERED NUMBER: 11250824)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 5 50 -
Investment property 6 113,845 113,845
113,895 113,845

CURRENT ASSETS
Debtors 7 189,137 162,637
Cash at bank 14,014 713
203,151 163,350
CREDITORS
Amounts falling due within one year 8 174,658 166,420
NET CURRENT ASSETS/(LIABILITIES) 28,493 (3,070 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

142,388

110,775

CREDITORS
Amounts falling due after more than one
year

9

72,131

74,550
NET ASSETS 70,257 36,225

CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 11 22,097 22,097
Retained earnings 48,060 14,028
SHAREHOLDERS' FUNDS 70,257 36,225

GREENLIGHT PD LTD (REGISTERED NUMBER: 11250824)

BALANCE SHEET - continued
30 JUNE 2024


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

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

The director acknowledges his 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 director and authorised for issue on 21 January 2025 and were signed by:





Mr G A Harrison - Director


GREENLIGHT PD LTD (REGISTERED NUMBER: 11250824)

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


1. STATUTORY INFORMATION

Greenlight PD Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents the value excluding Value Added Tax of goods and services provided to customers during the year. In respect of property management services provided, all income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the revaluation reserve.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


GREENLIGHT PD LTD (REGISTERED NUMBER: 11250824)

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


3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Financial instruments
Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

GREENLIGHT PD LTD (REGISTERED NUMBER: 11250824)

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


5. FIXED ASSET INVESTMENTS
Own
shares
£   
COST
Additions 50
At 30 June 2024 50
NET BOOK VALUE
At 30 June 2024 50

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 113,845
NET BOOK VALUE
At 30 June 2024 113,845
At 30 June 2023 113,845

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2019 100,000
Valuation in 2021 13,845
113,845

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by related parties 189,137 162,637

GREENLIGHT PD LTD (REGISTERED NUMBER: 11250824)

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


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 153,583 151,887
Trade creditors 167 -
Corporation tax 10,994 3,276
Credit card 61 -
Directors' current accounts 7,642 9,224
Accruals and deferred income 2,211 2,033
174,658 166,420

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 72,131 74,550

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 22,097