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REGISTERED NUMBER: 11353473 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

GREEN GIANT DEVELOPMENTS LIMITED

GREEN GIANT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11353473)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GREEN GIANT DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mr S C G Neary
Dr J Peters





REGISTERED OFFICE: Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP





REGISTERED NUMBER: 11353473 (England and Wales)





ACCOUNTANTS: Gibson Whitter
Chartered Accountants
and Chartered Tax Advisers
Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP

GREEN GIANT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11353473)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 218 519
Investment property 5 259,751 -
259,969 519

CURRENT ASSETS
Debtors 6 6,195 8,611
Cash at bank 5,374 42,821
11,569 51,432
CREDITORS
Amounts falling due within one year 7 189,691 15,342
NET CURRENT (LIABILITIES)/ASSETS (178,122 ) 36,090
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,847

36,609

PROVISIONS FOR LIABILITIES 8 41 98
NET ASSETS 81,806 36,511

CAPITAL AND RESERVES
Called up share capital 9 60 60
Retained earnings 81,746 36,451
SHAREHOLDERS' FUNDS 81,806 36,511

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

GREEN GIANT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11353473)

BALANCE SHEET - continued
31 MAY 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 and authorised for issue by the Board of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by:





Dr J Peters - Director


GREEN GIANT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11353473)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Green Giant Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 2 (2023 - 2 ) .

GREEN GIANT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11353473)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 187 764 951
DEPRECIATION
At 1 June 2023 93 339 432
Charge for year 47 254 301
At 31 May 2024 140 593 733
NET BOOK VALUE
At 31 May 2024 47 171 218
At 31 May 2023 94 425 519

5. INVESTMENT PROPERTY

Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors - 7,980
Other debtors 6,195 631
6,195 8,611

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors - 275
Taxation and social security 11,467 3,300
Other creditors 178,224 11,767
189,691 15,342

8. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 41 98

Deferred
tax
£   
Balance at 1 June 2023 98
Utilised during year (57 )
Balance at 31 May 2024 41

GREEN GIANT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11353473)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
60 Ordinary £1 60 60

10. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £175,245 to its directors (2023: £10,236).

11. ULTIMATE CONTROLLING PARTY

The company is not under the control of any one individual.