1 2 Greensleaves Limited 04182076 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is contract gardening Digita Accounts Production Advanced 6.30.9574.0 true true 04182076 2023-08-01 2024-07-31 04182076 2024-07-31 04182076 core:CurrentFinancialInstruments 2024-07-31 04182076 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 04182076 core:FurnitureFittingsToolsEquipment 2024-07-31 04182076 core:LandBuildings 2024-07-31 04182076 core:MotorVehicles 2024-07-31 04182076 bus:SmallEntities 2023-08-01 2024-07-31 04182076 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 04182076 bus:FilletedAccounts 2023-08-01 2024-07-31 04182076 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 04182076 bus:RegisteredOffice 2023-08-01 2024-07-31 04182076 bus:CompanySecretaryDirector1 2023-08-01 2024-07-31 04182076 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04182076 bus:Agent1 2023-08-01 2024-07-31 04182076 core:FurnitureFittings 2023-08-01 2024-07-31 04182076 core:FurnitureFittingsToolsEquipment 2023-08-01 2024-07-31 04182076 core:LandBuildings 2023-08-01 2024-07-31 04182076 core:MotorVehicles 2023-08-01 2024-07-31 04182076 core:OfficeEquipment 2023-08-01 2024-07-31 04182076 core:PlantMachinery 2023-08-01 2024-07-31 04182076 core:Vehicles 2023-08-01 2024-07-31 04182076 countries:EnglandWales 2023-08-01 2024-07-31 04182076 2023-07-31 04182076 core:FurnitureFittingsToolsEquipment 2023-07-31 04182076 core:LandBuildings 2023-07-31 04182076 core:MotorVehicles 2023-07-31 04182076 2022-08-01 2023-07-31 04182076 2023-07-31 04182076 core:CurrentFinancialInstruments 2023-07-31 04182076 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 04182076 core:FurnitureFittingsToolsEquipment 2023-07-31 04182076 core:LandBuildings 2023-07-31 04182076 core:MotorVehicles 2023-07-31 xbrli:pure iso4217:GBP

Registration number: 04182076

Greensleaves Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 July 2024

 

Greensleaves Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Greensleaves Limited

Company Information

Director

Mr Michael Peter Barraclough

Company secretary

Mr Michael Peter Barraclough

Registered office

29 Boswell Road
Sutton Coldfield
West Midlands
B74 2NQ

Accountants

David Evans & Co Limited
Business & Tax AdvisorsStowegate House
Lombard Street
Lichfield
Staffs
WS13 6DP

 

Greensleaves Limited

(Registration number: 04182076)
Abridged Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

342,048

355,065

Current assets

 

Stocks

5

157

186

Debtors

3,726

3,428

Cash at bank and in hand

 

2,764

3,818

 

6,647

7,432

Prepayments and accrued income

 

789

679

Creditors: Amounts falling due within one year

(81,545)

(80,130)

Net current liabilities

 

(74,109)

(72,019)

Total assets less current liabilities

 

267,939

283,046

Accruals and deferred income

 

(2,150)

(1,934)

Net assets

 

265,789

281,112

Capital and reserves

 

Called up share capital

6

6

Retained earnings

265,783

281,106

Shareholders' funds

 

265,789

281,112

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 4 February 2025
 

.........................................
Mr Michael Peter Barraclough
Company secretary and director

 

Greensleaves Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
29 Boswell Road
Sutton Coldfield
West Midlands
B74 2NQ

These financial statements were authorised for issue by the director on 4 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold property

1% Straight line

 

Greensleaves Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2024

Plant and machinery

20% Straight line

Fixtures and fittings

20% Straight line

Motor vehicles

25% Reducing balance

Office equipment

20% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Greensleaves Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 2).

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 August 2023

331,068

25,292

61,139

417,499

Disposals

-

(1,031)

-

(1,031)

At 31 July 2024

331,068

24,261

61,139

416,468

Depreciation

At 1 August 2023

13,272

21,326

27,836

62,434

Charge for the year

3,310

1,380

8,326

13,016

Eliminated on disposal

-

(1,030)

-

(1,030)

At 31 July 2024

16,582

21,676

36,162

74,420

Carrying amount

At 31 July 2024

314,486

2,585

24,977

342,048

At 31 July 2023

317,796

3,966

33,303

355,065

Included within the net book value of land and buildings above is £314,486 (2023 - £317,796) in respect of freehold land and buildings.
 

5

Stocks

2024
£

2023
£

Other inventories

157

186