Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 31 December 2024 31 December 2024 05849507 Mr P Caswell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05849507 2023-06-30 05849507 2024-12-31 05849507 2023-07-01 2024-12-31 05849507 frs-core:CurrentFinancialInstruments 2024-12-31 05849507 frs-core:Non-currentFinancialInstruments 2024-12-31 05849507 frs-core:BetweenOneFiveYears 2024-12-31 05849507 frs-core:FurnitureFittings 2024-12-31 05849507 frs-core:FurnitureFittings 2023-07-01 2024-12-31 05849507 frs-core:FurnitureFittings 2023-06-30 05849507 frs-core:NetGoodwill 2024-12-31 05849507 frs-core:NetGoodwill 2023-07-01 2024-12-31 05849507 frs-core:NetGoodwill 2023-06-30 05849507 frs-core:MotorVehicles 2024-12-31 05849507 frs-core:MotorVehicles 2023-07-01 2024-12-31 05849507 frs-core:MotorVehicles 2023-06-30 05849507 frs-core:WithinOneYear 2024-12-31 05849507 frs-core:SharePremium 2024-12-31 05849507 frs-core:ShareCapital 2024-12-31 05849507 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05849507 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-12-31 05849507 frs-bus:FilletedAccounts 2023-07-01 2024-12-31 05849507 frs-bus:SmallEntities 2023-07-01 2024-12-31 05849507 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-12-31 05849507 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-12-31 05849507 frs-bus:Director1 2023-07-01 2024-12-31 05849507 frs-countries:EnglandWales 2023-07-01 2024-12-31 05849507 2022-06-30 05849507 2023-06-30 05849507 2022-07-01 2023-06-30 05849507 frs-core:CurrentFinancialInstruments 2023-06-30 05849507 frs-core:Non-currentFinancialInstruments 2023-06-30 05849507 frs-core:BetweenOneFiveYears 2023-06-30 05849507 frs-core:WithinOneYear 2023-06-30 05849507 frs-core:SharePremium 2023-06-30 05849507 frs-core:ShareCapital 2023-06-30 05849507 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 05849507
Green Shield Environmental Ltd
Financial Statements
For the Period 1 July 2023 to 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 05849507
31 December 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 52,667 79,229
52,667 79,229
CURRENT ASSETS
Stocks 6 50,435 40,958
Debtors 7 175,650 193,884
Cash at bank and in hand 57,503 14,250
283,588 249,092
Creditors: Amounts Falling Due Within One Year 8 (197,277 ) (217,355 )
NET CURRENT ASSETS (LIABILITIES) 86,311 31,737
TOTAL ASSETS LESS CURRENT LIABILITIES 138,978 110,966
Creditors: Amounts Falling Due After More Than One Year 9 (33,678 ) (98,660 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,029 ) (11,627 )
NET ASSETS 102,271 679
CAPITAL AND RESERVES
Called up share capital 11 2 1
Share premium account 174,999 -
Profit and Loss Account (72,730 ) 678
SHAREHOLDERS' FUNDS 102,271 679
Page 1
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For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr P Caswell
Director
03/03/2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Green Shield Environmental Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05849507 . The registered office is Astonbury Farm, Aston, Stevenage, Hertfordshire, SG2 7EG.

The presentation currency of the financial statements is the Pound Sterling (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
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2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 16 (2023: 15)
16 15
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4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 33,000
As at 31 December 2024 33,000
Amortisation
As at 1 July 2023 33,000
As at 31 December 2024 33,000
Net Book Value
As at 31 December 2024 -
As at 1 July 2023 -
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 July 2023 122,521 18,786 141,307
Additions 54,678 3,424 58,102
Disposals (47,014 ) - (47,014 )
As at 31 December 2024 130,185 22,210 152,395
Depreciation
As at 1 July 2023 45,596 16,482 62,078
Provided during the period 67,233 1,021 68,254
Disposals (30,604 ) - (30,604 )
As at 31 December 2024 82,225 17,503 99,728
Net Book Value
As at 31 December 2024 47,960 4,707 52,667
As at 1 July 2023 76,925 2,304 79,229
6. Stocks
31 December 2024 30 June 2023
£ £
Work in progress 50,435 40,958
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7. Debtors
31 December 2024 30 June 2023
£ £
Due within one year
Trade debtors 132,880 189,484
Other debtors 42,770 4,400
175,650 193,884
8. Creditors: Amounts Falling Due Within One Year
31 December 2024 30 June 2023
£ £
Net obligations under finance lease and hire purchase contracts 38,665 21,027
Trade creditors 44,560 134,561
Bank loans and overdrafts 10,388 10,000
Amounts owed to group undertakings 50,000 -
Other creditors 9,185 5,839
Taxation and social security 44,479 45,928
197,277 217,355
9. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 30 June 2023
£ £
Net obligations under finance lease and hire purchase contracts 28,420 77,895
Bank loans 5,258 20,765
33,678 98,660
10. Obligations Under Finance Leases and Hire Purchase
31 December 2024 30 June 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 38,665 21,027
Later than one year and not later than five years 28,420 77,895
67,085 98,922
67,085 98,922
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11. Share Capital
31 December 2024 30 June 2023
£ £
Allotted, Called up and fully paid 2 1
Page 7