Company Registration No. 06539111 (England and Wales)
Green 4 Life Recycling Limited
Unaudited accounts
for the year ended 31 May 2024
Green 4 Life Recycling Limited
Unaudited accounts
Contents
Green 4 Life Recycling Limited
Company Information
for the year ended 31 May 2024
Company Number
06539111 (England and Wales)
Registered Office
UNIT 29 LOUGHBOROUGH TECHNOLOGY CENTRE
EPINAL WAY
LOUGHBOROUGH
LEICESTERSHIRE
LE11 3GE
United Kingdom
Accountants
Amsden Young Ltd
Loughborough Technology Centre
Unit 29, Epinal Way
Loughborough
Leicestershire
LE11 3GE
Green 4 Life Recycling Limited
Statement of financial position
as at 31 May 2024
Tangible assets
6,110
8,500
Cash at bank and in hand
60,225
25,599
Creditors: amounts falling due within one year
(143,379)
(75,213)
Net current assets
53,157
40,476
Total assets less current liabilities
59,267
48,976
Creditors: amounts falling due after more than one year
-
(26,420)
Called up share capital
100
100
Profit and loss account
59,167
22,456
Shareholders' funds
59,267
22,556
For the year ending 31 May 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 February 2025 and were signed on its behalf by
Mr S Plowman
Director
Company Registration No. 06539111
Green 4 Life Recycling Limited
Notes to the Accounts
for the year ended 31 May 2024
Green 4 Life Recycling Limited is a private company, limited by shares, registered in England and Wales, registration number 06539111. The registered office is UNIT 29 LOUGHBOROUGH TECHNOLOGY CENTRE, EPINAL WAY, LOUGHBOROUGH, LEICESTERSHIRE, LE11 3GE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight line Method 20%
Computer equipment
Straight line Method 15%
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
62,685
1,472
6,612
70,769
At 31 May 2024
62,685
1,472
6,612
70,769
At 1 June 2023
55,656
1,472
5,141
62,269
Charge for the year
2,049
-
341
2,390
At 31 May 2024
57,705
1,472
5,482
64,659
At 31 May 2024
4,980
-
1,130
6,110
At 31 May 2023
7,029
-
1,471
8,500
Green 4 Life Recycling Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
70,364
85,041
Other debtors
65,947
5,049
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
26,420
34,120
Trade creditors
68,795
78,907
Taxes and social security
32,569
24,979
Loans from directors
-
(79,626)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).