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Registration number: 04473859

69 The Green Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2023

 

69 The Green Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

69 The Green Limited

Company Information

Director

Simon Foster

Registered office

53a High Street
Esher
Surrey
KT10 9RQ

Accountants

Carbon Accountancy Limited
Chartered Accountants
80-83 Long Lane
London
EC1A 8ET

 

69 The Green Limited

(Registration number: 04473859)
Balance Sheet as at 30 June 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

3,175

628

Current assets

 

Debtors

6

891,125

924,006

Cash at bank and in hand

 

71

71

 

891,196

924,077

Creditors: Amounts falling due within one year

7

(261,871)

(272,790)

Net current assets

 

629,325

651,287

Total assets less current liabilities

 

632,500

651,915

Creditors: Amounts falling due after more than one year

7

(224,749)

(235,777)

Net assets

 

407,751

416,138

Capital and reserves

 

Called up share capital

8

1,000

1,000

Retained earnings

406,751

415,138

Shareholders' funds

 

407,751

416,138

 

69 The Green Limited

(Registration number: 04473859)
Balance Sheet as at 30 June 2023

For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 March 2025
 

.........................................
Simon Foster
Director

 

69 The Green Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
53a High Street
Esher
Surrey
KT10 9RQ

These financial statements were authorised for issue by the director on 28 March 2025.

2

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 financial statements have been prepared on a going concern basis on the assumtion that the company will continue to have the support of its financiers.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

69 The Green Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

2

Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Buildings

over 150 years

Office equipment

25% straight line

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.

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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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.

 

69 The Green Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

2

Accounting policies (continued)

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

 

69 The Green Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

4

Tangible assets

Fixtures and fittings
£

Total
£

Cost or valuation

At 1 July 2022

5,838

5,838

Additions

3,676

3,676

Disposals

(5,000)

(5,000)

At 30 June 2023

4,514

4,514

Depreciation

At 1 July 2022

5,210

5,210

Charge for the year

1,129

1,129

Eliminated on disposal

(5,000)

(5,000)

At 30 June 2023

1,339

1,339

Carrying amount

At 30 June 2023

3,175

3,175

At 30 June 2022

628

628

5

Investments

6

Debtors

Note

2023
£

2022
£

Trade debtors

 

-

135

Amounts owed by group undertakings and undertakings in which the company has a participating interest

9

888,437

888,437

Other debtors

 

2,688

35,434

 

891,125

924,006

 

69 The Green Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

7

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

6,889

9,996

Trade creditors

 

5,824

2,404

Taxation and social security

 

-

4,807

Accruals and deferred income

 

3,034

3,420

Other creditors

 

246,124

252,163

 

261,871

272,790


Other loan financing facilities are secured by first legal charge over the company's freehold property.

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

34,749

35,777

Other non-current financial liabilities

 

190,000

200,000

 

224,749

235,777

8

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary shares of £1 each

1,000

1,000

1,000

1,000

       
 

69 The Green Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

9

Related party transactions


Incuded in Other Debtors is:

(a) £1,728 due from Saltburn House Management Company Ltd a company which Simon Foster is both director and Shareholder £1,628 (2022).

Included in Other Creditors is:

(a) £158,643 owing to Urban Matrix Ltd a company which Simon Foster is both director and shareholder £234,223 (2022).
(b) £8,374 owing to Urban Matrix Construction Ltd a company which Simon Foster is both director and shareholder £2,474 (2022).
(c) £2,000 owing to Urban Matrix (Esher) LLP a company which Simon Foster is a designated member £2,000 (2022).
(d) £600 owing to Greenways (Esher) Ltd a company which Simon Foster is both director and shareholder.
(f) £72,000 owing to KAT Investments Ltd a company which Simon Foster is both director and Shareholder.



 

10

Parent and ultimate parent undertaking

The company's immediate parent is Urban Matrix Project One Limited , incorporated in England .

 The ultimate controlling party is Simon Foster.