Registration number:
Greengengroup.co.uk Limited
trading as
for the Year Ended 31 March 2024
Greengengroup.co.uk Limited
trading as Greengengroup.co.uk
Contents
Company Information |
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Directors' Report |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Greengengroup.co.uk Limited
trading as Greengengroup.co.uk
Company Information
Directors |
Mr Thomas Adam Flack Mrs Linda RIGBY |
Registered office |
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Accountants |
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Greengengroup.co.uk Limited
trading as Greengengroup.co.uk
Directors' Report for the Year Ended 31 March 2024
The directors present their report and the financial statements for the year ended 31 March 2024.
Directors of the company
The directors who held office during the year were as follows:
Principal activity
The principal activity of the company is the generation of electricity currently dormant.
Going concern
The Company is presently dormant and not trading.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
......................................... |
Greengengroup.co.uk Limited
trading as Greengengroup.co.uk
(Registration number: 06822095)
Balance Sheet as at 31 March 2024
Note |
2024 |
2023 |
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Current assets |
|||
Debtors |
|
|
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Creditors: Amounts falling due within one year |
( |
( |
|
Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
3,611,000 |
3,611,000 |
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Retained earnings |
(3,611,648) |
(3,611,890) |
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Shareholders' deficit |
(648) |
(890) |
For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
• |
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
......................................... |
Greengengroup.co.uk Limited
trading as Greengengroup.co.uk
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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 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 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
The company is currently dormant and has not entered into any transactions during the year.
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
Greengengroup.co.uk Limited
trading as Greengengroup.co.uk
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
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.
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.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Greengengroup.co.uk Limited
trading as Greengengroup.co.uk
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
Investments |
2024 |
2023 |
Subsidiaries |
£ |
Cost or valuation |
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At 1 April 2023 |
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Provision |
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At 1 April 2023 |
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Carrying amount |
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At 31 March 2024 |
- |
Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2024 |
2023 |
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Subsidiary undertakings |
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England & Wales |
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England & Wales |
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Subsidiary undertakings |
Carr Farm Biogas Ltd The principal activity of Carr Farm Biogas Ltd is |
Guild Energy Limited The principal activity of Guild Energy Limited is |
Debtors |
Greengengroup.co.uk Limited
trading as Greengengroup.co.uk
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
Current |
2024 |
2023 |
Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2024 |
2023 |
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Due within one year |
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Trade creditors |
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Share capital |
Allotted, called up and fully paid shares
2024 |
2023 |
|||
No. |
£ |
No. |
£ |
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|
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3,611,000 |
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3,611,000 |
Loans and borrowings |
Other borrowings
Co-Operative Bank is denominated in GBP with a nominal interest rate of NIL%. The carrying amount at year end is £Nil (2023 - £Nil). A charge remains registered at Companies House. |
Related party transactions |
Summary of transactions with parent
Summary of transactions with entities with joint control or significant interest
Greengengroup.co.uk Limited
trading as Greengengroup.co.uk
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
Rigby Group Ltd
Montgomerie Feeds Ltd
TransPennine Properties Ltd
R-Lettings Ltd
Loans to related parties
2023 |
Entities with joint control or significant influence |
Total |
At start of period |
|
|
Repaid |
( |
( |
At end of period |
- |
- |
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Loans from related parties
2024 |
Parent |
Total |
At start of period |
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Advanced |
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At end of period |
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2023 |
Parent |
Entities with joint control or significant influence |
Total |
At start of period |
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Advanced |
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- |
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Repaid |
- |
( |
( |
At end of period |
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- |
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Parent and ultimate parent undertaking |
The company's immediate parent is
The ultimate controlling party is