Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30false2023-07-01falseProviding business and management consultancy services.22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05181152 2023-07-01 2024-06-30 05181152 2022-07-01 2023-06-30 05181152 2024-06-30 05181152 2023-06-30 05181152 c:Director1 2023-07-01 2024-06-30 05181152 d:FurnitureFittings 2023-07-01 2024-06-30 05181152 d:FurnitureFittings 2024-06-30 05181152 d:FurnitureFittings 2023-06-30 05181152 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 05181152 d:CurrentFinancialInstruments 2024-06-30 05181152 d:CurrentFinancialInstruments 2023-06-30 05181152 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 05181152 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 05181152 d:ShareCapital 2024-06-30 05181152 d:ShareCapital 2023-06-30 05181152 d:RetainedEarningsAccumulatedLosses 2024-06-30 05181152 d:RetainedEarningsAccumulatedLosses 2023-06-30 05181152 c:FRS102 2023-07-01 2024-06-30 05181152 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05181152 c:FullAccounts 2023-07-01 2024-06-30 05181152 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05181152 2 2023-07-01 2024-06-30 05181152 6 2023-07-01 2024-06-30 05181152 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 05181152










GREENLIGHT WELLBEING LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
GREENLIGHT WELLBEING LIMITED
REGISTERED NUMBER: 05181152

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 3 
536
670

Investments
 4 
83,945
83,945

  
84,481
84,615

Current assets
  

Debtors: amounts falling due within one year
 5 
1,587
1,586

Cash at bank and in hand
  
5
174

  
1,592
1,760

Creditors: amounts falling due within one year
 6 
(75,472)
(96,548)

Net current liabilities
  
 
 
(73,880)
 
 
(94,788)

Total assets less current liabilities
  
10,601
(10,173)

Provisions for liabilities
  

Deferred tax
  
(134)
(167)

  
 
 
(134)
 
 
(167)

Net assets/(liabilities)
  
10,467
(10,340)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
10,367
(10,440)

  
10,467
(10,340)


Page 1

 
GREENLIGHT WELLBEING LIMITED
REGISTERED NUMBER: 05181152
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 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 on 6 March 2025.




Mr J Foreman
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
GREENLIGHT WELLBEING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Greenlight Wellbeing Limited is a private company, limited by share capital, incorporated in England and Wales under registration number 05181152. The address of the registered office is Level 5A, Maple House, 149 Tottenham Court Road, London, W1T 7NF.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the assumption that the company will have the continued financial support of the shareholders. The shareholders of the company have sufficient resources to finance the company as and when the need arises.               
The financial statements have been prepared on a going concern basis which is dependent on the financial support of the shareholders to ensure that the company will continue in operational existence for the foreseeable future.   .

 
2.3

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.

 
2.4

Interest income

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

Page 3

 
GREENLIGHT WELLBEING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Current and deferred taxation

The tax expense for the year 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 reporting 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 reporting 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 reporting date.


 
2.7

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures & fittings
-
20%
reducing balance

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.

Page 4

 
GREENLIGHT WELLBEING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 5

 
GREENLIGHT WELLBEING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

3.


Tangible fixed assets





Fixtures, fittings & equipment

£



Cost or valuation


At 1 July 2023
7,938



At 30 June 2024

7,938



Depreciation


At 1 July 2023
7,268


Charge for the year on owned assets
134



At 30 June 2024

7,402



Net book value



At 30 June 2024
536



At 30 June 2023
670

Page 6

 
GREENLIGHT WELLBEING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2023
83,945



At 30 June 2024
83,945




Page 7

 
GREENLIGHT WELLBEING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Amount owed by associated company
1,587
1,586

1,587
1,586



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,200
-

Amounts owed to associated company
60,615
90,453

Corporation tax
10,310
4,472

Director loan account
613
423

Other creditors
1,534
-

Accruals
1,200
1,200

75,472
96,548



7.


Controlling party

There is no controlling party.

 
Page 8