Company Registration No. 06895413 (England and Wales)
Green Bottoms Limited
Unaudited accounts
for the year ended 31 May 2024
Green Bottoms Limited
Unaudited accounts
Contents
Green Bottoms Limited
Company Information
for the year ended 31 May 2024
Directors
Simon Hunt
Mark Smith
Company Number
06895413 (England and Wales)
Registered Office
21-22 Eckland Lodge Business Park
Desborough Road
Market Harborough
LE16 8HB
ENGLAND
Accountants
SONNET
191 Pretoria Road
Ibstock
Leicestershire
LE67 6LQ
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Green Bottoms Limited
for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Green Bottoms Limited for the year ended
31 May 2024 as set out on pages
5 -
8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
SONNET
Chartered Certified Accountants
191 Pretoria Road
Ibstock
Leicestershire
LE67 6LQ
17 February 2025
Green Bottoms Limited
Statement of financial position
as at 31 May 2024
Tangible assets
172,088
90,306
Cash at bank and in hand
65,491
67,292
Creditors: amounts falling due within one year
(172,720)
(183,429)
Net current assets
106,622
116,669
Total assets less current liabilities
278,710
206,975
Creditors: amounts falling due after more than one year
(123,189)
(91,512)
Provisions for liabilities
Deferred tax
(43,023)
(22,577)
Other provisions
(557)
(1,045)
Called up share capital
200
200
Profit and loss account
111,741
91,641
Shareholders' funds
111,941
91,841
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 directors acknowledge their 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 of Directors and authorised for issue on 17 February 2025 and were signed on its behalf by
Simon Hunt
Director
Company Registration No. 06895413
Green Bottoms Limited
Notes to the Accounts
for the year ended 31 May 2024
Green Bottoms Limited is a private company, limited by shares, registered in England and Wales, registration number 06895413. The registered office is 21-22 Eckland Lodge Business Park, Desborough Road, Market Harborough, LE16 8HB, ENGLAND.
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
25% Straight Line
Motor vehicles
25% Reducing Balance
Green Bottoms Limited
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
32,642
122,894
-
155,536
Additions
15,343
126,095
-
141,438
At 31 May 2024
47,985
248,989
(222)
296,752
At 1 June 2023
20,792
44,438
-
65,230
Charge for the year
8,351
51,138
-
59,489
At 31 May 2024
29,143
95,576
(55)
124,664
At 31 May 2024
18,842
153,413
(167)
172,088
At 31 May 2023
11,850
78,456
-
90,306
Finished goods
22,705
25,129
Amounts falling due within one year
Trade debtors
83,086
192,632
Accrued income and prepayments
104,779
6,654
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,247
9,744
Obligations under finance leases and hire purchase contracts
53,388
28,996
Trade creditors
45,774
50,738
Taxes and social security
20,749
40,310
Loans from directors
218
-
Green Bottoms Limited
Notes to the Accounts
for the year ended 31 May 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
112,683
70,510
9
Deferred taxation
2024
2023
Accelerated capital allowances
43,023
22,577
Provision at start of year
22,577
16,383
Charged to the profit and loss account
20,446
6,194
Provision at end of year
43,023
22,577
10
Provisions for liabilities
£
Provisions for liabilities relates entirely to potential bad debts
11
Operating lease commitments
2024
2023
At 31 May 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
23,473
22,800
Later than one year and not later than five years
17,579
41,130
12
Average number of employees
During the year the average number of employees was 14 (2023: 13).