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REGISTERED NUMBER: 08001636 (England and Wales)















Green Inc Group Limited

Unaudited Financial Statements for the Year Ended 31 March 2024






Green Inc Group Limited (Registered number: 08001636)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Green Inc Group Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M Stanton
Ms L Stanton





REGISTERED OFFICE: Copperville House
Fawkham Green Road
Fawkham
Longfield
Kent
DA3 8NN





REGISTERED NUMBER: 08001636 (England and Wales)





ACCOUNTANTS: N P Associates Ltd
Copperville House
Fawkham Green Road
Fawkham
Kent
DA3 8NN

Green Inc Group Limited (Registered number: 08001636)

Statement of Financial Position
31 March 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,010 6,754

CURRENT ASSETS
Debtors 5 703,125 912,144
Cash at bank and in hand 272,812 438,682
975,937 1,350,826
CREDITORS
Amounts falling due within one year 6 364,313 715,013
NET CURRENT ASSETS 611,624 635,813
TOTAL ASSETS LESS CURRENT LIABILITIES 616,634 642,567

CREDITORS
Amounts falling due after more than one
year

7

12,400

22,475
NET ASSETS 604,234 620,092

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 604,134 619,992
604,234 620,092

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Green Inc Group Limited (Registered number: 08001636)

Statement of Financial Position - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by:





M Stanton - Director


Green Inc Group Limited (Registered number: 08001636)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Green Inc Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income recognition
Income represents the fair value of consideration received or receivable derived from the provision of goods and services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - Straight line over 10 years
Plant and machinery etc - 33% on cost

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost, with changes recognised in the income statement.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Green Inc Group Limited (Registered number: 08001636)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 21 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 8,350 20,816 29,166
DEPRECIATION
At 1 April 2023 2,505 19,907 22,412
Charge for year 835 909 1,744
At 31 March 2024 3,340 20,816 24,156
NET BOOK VALUE
At 31 March 2024 5,010 - 5,010
At 31 March 2023 5,845 909 6,754

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 304,683 558,382
Other debtors 398,442 353,762
703,125 912,144

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Bank loans and overdrafts 10,049 10,025
Trade creditors 220,445 350,131
Taxation and social security 112,225 262,397
Other creditors 21,594 92,460
364,313 715,013

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
as restated
£    £   
Bank loans 12,400 22,475

Green Inc Group Limited (Registered number: 08001636)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
as restated
£    £   
M Stanton and Ms L Stanton
Balance outstanding at start of year 265,750 449,174
Amounts advanced 32,462 -
Amounts repaid - (183,424 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 298,212 265,750