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REGISTERED NUMBER: 05155979











Financial Statements

for the Year Ended 30 June 2024

for

GREENCOURT SECURITIES LIMITED

GREENCOURT SECURITIES LIMITED (REGISTERED NUMBER: 05155979)






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


GREENCOURT SECURITIES LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr M Greenfield
Mrs J T Greenfield





SECRETARY: Mr M Greenfield





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 05155979





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

GREENCOURT SECURITIES LIMITED (REGISTERED NUMBER: 05155979)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 3,137,762 2,732,522

CURRENT ASSETS
Debtors 5 1,886,850 1,285,989
Cash at bank 65,698 244,370
1,952,548 1,530,359
CREDITORS
Amounts falling due within one year 6 2,819,501 2,916,511
NET CURRENT LIABILITIES (866,953 ) (1,386,152 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,270,809

1,346,370

PROVISIONS FOR LIABILITIES 1,792,960 1,110,267
NET ASSETS 477,849 236,103

CAPITAL AND RESERVES
Called up share capital 7 2 2
Fair value reserve 320,915 127,836
Retained earnings 156,932 108,265
SHAREHOLDERS' FUNDS 477,849 236,103

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 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.

GREENCOURT SECURITIES LIMITED (REGISTERED NUMBER: 05155979)

Balance Sheet - continued
30 June 2024


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 10 February 2025 and were signed on its behalf by:





Mr M Greenfield - Director


GREENCOURT SECURITIES LIMITED (REGISTERED NUMBER: 05155979)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Greencourt Securities Limited is a private company, limited by shares , registered in Not specified/Other. 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. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

GREENCOURT SECURITIES LIMITED (REGISTERED NUMBER: 05155979)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. FIXED ASSET INVESTMENTS
Other
investme
£   
COST OR VALUATION
At 1 July 2023 2,732,522
Additions 730,810
Disposals (627,116 )
Revaluations 301,546
At 30 June 2024 3,137,762
NET BOOK VALUE
At 30 June 2024 3,137,762
At 30 June 2023 2,732,522

Cost or valuation at 30 June 2024 is represented by:

Other
investme
£   
Valuation in 2024 301,546
Cost 2,836,216
3,137,762

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 1,886,850 1,285,989

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed to group undertakings 28,001 77,001
Taxation and social security - (3,590 )
Other creditors 2,791,500 2,843,100
2,819,501 2,916,511

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2 Ordinary £1 2 2

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed an amount of £Nil (2023: £3,600) to the directors. The amount is interest free and repayable on demand.

GREENCOURT SECURITIES LIMITED (REGISTERED NUMBER: 05155979)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M Greenfield.