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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
Page
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Green 4 Life Recycling Limited Company Information for the year ended 31 May 2024
Director
Mr S Plowman
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
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Green 4 Life Recycling Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,110 
8,500 
Current assets
Debtors
136,311 
90,090 
Cash at bank and in hand
60,225 
25,599 
196,536 
115,689 
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)
Net assets
59,267 
22,556 
Capital and reserves
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
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Green 4 Life Recycling Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 31 May 2024
4,980 
- 
1,130 
6,110 
At 31 May 2023
7,029 
- 
1,471 
8,500 
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Green 4 Life Recycling Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
70,364 
85,041 
Other debtors
65,947 
5,049 
136,311 
90,090 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
26,420 
34,120 
VAT
15,382 
16,514 
Trade creditors
68,795 
78,907 
Taxes and social security
32,569 
24,979 
Other creditors
213 
319 
Loans from directors
- 
(79,626)
143,379 
75,213 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
26,420 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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