Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-0115No description of principal activityfalse18falsetrue 04616438 2024-01-01 2024-07-31 04616438 2023-01-01 2023-12-31 04616438 2024-07-31 04616438 2023-12-31 04616438 c:Director1 2024-01-01 2024-07-31 04616438 d:Buildings 2024-01-01 2024-07-31 04616438 d:Buildings 2024-07-31 04616438 d:Buildings 2023-12-31 04616438 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-07-31 04616438 d:PlantMachinery 2024-01-01 2024-07-31 04616438 d:PlantMachinery 2024-07-31 04616438 d:PlantMachinery 2023-12-31 04616438 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-07-31 04616438 d:MotorVehicles 2024-01-01 2024-07-31 04616438 d:MotorVehicles 2024-07-31 04616438 d:MotorVehicles 2023-12-31 04616438 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-07-31 04616438 d:FurnitureFittings 2024-01-01 2024-07-31 04616438 d:FurnitureFittings 2024-07-31 04616438 d:FurnitureFittings 2023-12-31 04616438 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-07-31 04616438 d:ComputerEquipment 2024-01-01 2024-07-31 04616438 d:ComputerEquipment 2024-07-31 04616438 d:ComputerEquipment 2023-12-31 04616438 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-07-31 04616438 d:OwnedOrFreeholdAssets 2024-01-01 2024-07-31 04616438 d:CurrentFinancialInstruments 2024-07-31 04616438 d:CurrentFinancialInstruments 2023-12-31 04616438 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 04616438 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04616438 d:ShareCapital 2024-07-31 04616438 d:ShareCapital 2023-12-31 04616438 d:RetainedEarningsAccumulatedLosses 2024-07-31 04616438 d:RetainedEarningsAccumulatedLosses 2023-12-31 04616438 c:FRS102 2024-01-01 2024-07-31 04616438 c:Audited 2024-01-01 2024-07-31 04616438 c:FullAccounts 2024-01-01 2024-07-31 04616438 c:PrivateLimitedCompanyLtd 2024-01-01 2024-07-31 04616438 c:SmallCompaniesRegimeForAccounts 2024-01-01 2024-07-31 04616438 2 2024-01-01 2024-07-31 04616438 e:PoundSterling 2024-01-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 04616438









Greendale Limited









Financial statements

Information for filing with the registrar

For the Period Ended 31 July 2024

 
Greendale Limited
Registered number: 04616438

Balance Sheet
As at 31 July 2024

31 July
31 December
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
606,003
613,963

Current assets
  

Debtors: amounts falling due within one year
 5 
471,658
175,089

Cash at bank and in hand
 6 
498,206
853,127

  
969,864
1,028,216

Creditors: amounts falling due within one year
 7 
(250,154)
(199,762)

Net current assets
  
 
 
719,710
 
 
828,454

Total assets less current liabilities
  
1,325,713
1,442,417

Provisions for liabilities
  

Deferred tax
  
(2,766)
(3,435)

Net assets
  
1,322,947
1,438,982


Capital and reserves
  

Called up share capital 
  
150
150

Profit and loss account
  
1,322,797
1,438,832

  
1,322,947
1,438,982


The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




L Muscat-Terribile
Director

Date: 26 February 2025

The notes on pages 2 to 7 form part of these financial statements.

Page 1

 
Greendale Limited
 
 
 
Notes to the Financial Statements
For the Period Ended 31 July 2024

1.


General information

Greendale Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Building 4, Universal Square, Devonshire Street North, Manchester, M12 6JH. The compay's registered number is 04616438.
The nature of the company's operation and its principal activity is to provide training, assessment and consultancy in the energy sector.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The financial statements for the period ended 31 July 2024 are for a 7 month period. The period end changed from 31 December to 31 July to align with the new parent company. Therefore, the comparative amounts are not entirely comparable.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 2

 
Greendale Limited
 
 
 
Notes to the Financial Statements
For the Period Ended 31 July 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
Greendale Limited
 
 
 
Notes to the Financial Statements
For the Period Ended 31 July 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Land and buildings
-
2%
Plant and machinery
-
20%
Motor vehicles
-
25%
Fixtures and fittings
-
20%
Computer equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans
to related parties and investments in non-puttable ordinary shares.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are
measured, initially and subsequently, at the undisclosed amount of the cash or other consideration expected to
be paid or received.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period
for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is
recognised in the Statement of Income and Retained Earnings.

 
Page 4

 
Greendale Limited
 
 
 
Notes to the Financial Statements
For the Period Ended 31 July 2024

2.Accounting policies (continued)


2.10
Financial instruments (continued)

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an
assets's carying amount and the present value of estimated cash flows.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference
between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of
the amount that the Company would receive for the asset if it were to be sold at the reporting date.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


   7 months ended
        31 July
   12 months ended
      31 December
        2024
        2023
            No.
            No.







Average
15
18

Page 5

 
Greendale Limited
 
 
 
Notes to the Financial Statements
For the Period Ended 31 July 2024

4.


Tangible fixed assets







Land and buildings
Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 January 2024
653,030
7,386
17,999
3,468
16,077
697,960


Additions
-
1,619
-
284
2,160
4,063



At 31 July 2024

653,030
9,005
17,999
3,752
18,237
702,023



Depreciation


At 1 January 2024
52,804
7,373
9,000
2,698
12,122
83,997


Charge for the period
7,619
189
2,625
197
1,393
12,023



At 31 July 2024

60,423
7,562
11,625
2,895
13,515
96,020



Net book value



At 31 July 2024
592,607
1,443
6,374
857
4,722
606,003



At 31 December 2023
600,226
13
8,999
770
3,955
613,963




The net book value of land and buildings may be further analysed as follows:


31 July
31 December
2024
2023
£
£

Freehold
592,607
600,226



5.


Debtors

31 July
31 December
2024
2023
£
£


Trade debtors
10,282
34,947

Amounts owed by group undertakings
402,769
-

Prepayments and accrued income
1,860
140,142

Amounts recoverable on long-term contracts
56,747
-

471,658
175,089


Page 6

 
Greendale Limited
 
 
 
Notes to the Financial Statements
For the Period Ended 31 July 2024

6.


Cash and cash equivalents

31 July
31 December
2024
2023
£
£

Cash at bank and in hand
498,206
853,127



7.


Creditors: Amounts falling due within one year

31 July
31 December
2024
2023
£
£

Trade creditors
37,314
27,569

Corporation tax
121,585
113,259

Other taxation and social security
27,834
15,678

Other creditors
2,947
-

Accruals and deferred income
60,474
43,256

250,154
199,762



8.


Controlling party

At the beginning of the year, Greendale Limited was controlled by D J Berry and K Berry. On 23 February 2024, 100% of the share capital was acquired by Back 2 Work Holdings Limited, which in turn is a wholly owned subsidiary of Back 2 Work Group Limited.
The ultimate parent undertaking is therefore Back 2 Work Group Limited, a company registered in England and Wales, registered number 12872639. Back 2 Work Group Limited is the parent company for the largest group for which group accounts are prepared.
The consolidated financial statements of Back 2 Work Group Limited are available to the public and may be obtained from the Registrar of Companies, Companies House, Crown Way, Cardiff, C14 3UZ.


9.


Auditors' information

The auditors' report on the financial statements for the period ended 31 July 2024 was unqualified.

The audit report was signed on 26 February 2025 by Helen Besant-Roberts (Senior Statutory Auditor) on behalf of Hurst Accountants Limited.

 
Page 7