Company Registration No. 15229112 (England and Wales)
GREENFIELD PROPERTY LTD
Unaudited accounts
for the period from 23 October 2023 to 31 October 2024
GREENFIELD PROPERTY LTD
Unaudited accounts
Contents
GREENFIELD PROPERTY LTD
Company Information
for the period from 23 October 2023 to 31 October 2024
Company Number
15229112 (England and Wales)
Registered Office
128 City Road
London
EC1V 2NX
England
Accountants
KONG KUEN LEO HO
KONSIO CONSULTING SERVICE LIMITED
196 CROXLEY VIEW
WATFORD
HERTFORDSHIRE
WD18 6PQ
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
GREENFIELD PROPERTY LTD
for the period from 23 October 2023 to 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
GREENFIELD PROPERTY LTD for the period from
23 October 2023 to
31 October 2024 as set out on pages
5 -
7 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
This report is made solely to the Board of Directors of GREENFIELD PROPERTY LTD, as a body, in accordance with the terms of our engagement letter dated 10 February 2025. Our work has been undertaken solely to prepare for your approval the accounts of GREENFIELD PROPERTY LTD and state those matters that we have agreed to state to the Board of Directors of GREENFIELD PROPERTY LTD, as a body, in this report 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. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GREENFIELD PROPERTY LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that GREENFIELD PROPERTY LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of GREENFIELD PROPERTY LTD. You consider that GREENFIELD PROPERTY LTD is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of GREENFIELD PROPERTY LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
KONG KUEN LEO HO
Chartered Certified Accountants
KONSIO CONSULTING SERVICE LIMITED
196 CROXLEY VIEW
WATFORD
HERTFORDSHIRE
WD18 6PQ
1 March 2025
GREENFIELD PROPERTY LTD
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
1,565
Creditors: amounts falling due within one year
(36,050)
Net current liabilities
(34,485)
Total assets less current liabilities
70,380
Creditors: amounts falling due after more than one year
(80,639)
Profit and loss account
(10,260)
Shareholders' funds
(10,259)
For the period ending 31 October 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 director acknowledges her 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 and authorised for issue on 1 March 2025 and were signed on its behalf by
Shuk Han Ho
Director
Company Registration No. 15229112
GREENFIELD PROPERTY LTD
Notes to the Accounts
for the period from 23 October 2023 to 31 October 2024
GREENFIELD PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 15229112. The registered office is 128 City Road, London, EC1V 2NX, 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 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:
Land & buildings
50 years straight line @2%
Fixtures & fittings
10 years straight line @10%
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
75,000
34,850
109,850
At 31 October 2024
75,000
34,850
109,850
Charge for the period
1,500
3,485
4,985
At 31 October 2024
1,500
3,485
4,985
At 31 October 2024
73,500
31,365
104,865
5
Creditors: amounts falling due within one year
2024
GREENFIELD PROPERTY LTD
Notes to the Accounts
for the period from 23 October 2023 to 31 October 2024
6
Creditors: amounts falling due after more than one year
2024
Loans from directors
80,639
7
Guarantees provided on behalf of directors
Maximum Liability Under Guarantees
Amount paid and liability incurred
Director's loan
80,639
80,639
Included within creditors is a balance of £80,639.44. Of this amount £80,639.44 is a long term loan that the director has invested into the company at the date the business commenced. The director has waived her right to charge interest in this in the tax year. The loan is unsecured. The total amount outstanding at the year end as above:
8
Transactions with related parties
The ultimate controlling party is the director of the company, Ms Shuk Han Ho
9
Average number of employees
During the period the average number of employees was 0.