Company registration number 07403870 (England and Wales)
GREENGLEN LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
GREENGLEN LIMITED
BALANCE SHEET
AS AT 31 OCTOBER 2024
31 October 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
4,121,723
4,138,433
Current assets
8,498,133
8,685,440
Creditors: amounts falling due within one year
(5,329,021)
(5,782,038)
Net current assets
3,169,112
2,903,402
Total assets less current liabilities
7,290,835
7,041,835
Creditors: amounts falling due after more than one year
(4,730,547)
(4,748,996)
Net assets
2,560,288
2,292,839
Capital and reserves
2,560,288
2,292,839
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
At 31 October 2023 two directors had loans from the company totalling £827,468 on which interest was charged at the HMRC beneficial loan interest rate. The loans were repaid in full during the year. Another director was loaned £220,000 during the year on which interest was charged at the HMRC beneficial loan interest rate. The loan was outstanding at 31 October 2024 and has subsequently been repaid in full.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
6
6
Greenglen Limited is a private company limited by shares incorporated in England and Wales. The registered office is Crown House, 151 High Road, Loughton, Essex, IG10 4LG.
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
GREENGLEN LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024
31 October 2024
- 2 -
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 20 March 2025 and are signed on its behalf by:
Mrs C P Mandeville
Director
Company registration number 07403870 (England and Wales)