Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-31falsefalse2024-01-011312truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04577445 2024-01-01 2024-12-31 04577445 2023-01-01 2023-12-31 04577445 2024-12-31 04577445 2023-12-31 04577445 c:Director1 2024-01-01 2024-12-31 04577445 d:Buildings d:LongLeaseholdAssets 2024-01-01 2024-12-31 04577445 d:Buildings d:LongLeaseholdAssets 2024-12-31 04577445 d:Buildings d:LongLeaseholdAssets 2023-12-31 04577445 d:PlantMachinery 2024-01-01 2024-12-31 04577445 d:PlantMachinery 2024-12-31 04577445 d:PlantMachinery 2023-12-31 04577445 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04577445 d:MotorVehicles 2024-01-01 2024-12-31 04577445 d:MotorVehicles 2024-12-31 04577445 d:MotorVehicles 2023-12-31 04577445 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04577445 d:OfficeEquipment 2024-01-01 2024-12-31 04577445 d:OfficeEquipment 2024-12-31 04577445 d:OfficeEquipment 2023-12-31 04577445 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04577445 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04577445 d:Goodwill 2024-12-31 04577445 d:Goodwill 2023-12-31 04577445 d:CurrentFinancialInstruments 2024-12-31 04577445 d:CurrentFinancialInstruments 2023-12-31 04577445 d:Non-currentFinancialInstruments 2024-12-31 04577445 d:Non-currentFinancialInstruments 2023-12-31 04577445 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 04577445 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04577445 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 04577445 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 04577445 d:ShareCapital 2024-12-31 04577445 d:ShareCapital 2023-12-31 04577445 d:RetainedEarningsAccumulatedLosses 2024-12-31 04577445 d:RetainedEarningsAccumulatedLosses 2023-12-31 04577445 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 04577445 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 04577445 c:FRS102 2024-01-01 2024-12-31 04577445 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04577445 c:FullAccounts 2024-01-01 2024-12-31 04577445 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04577445 d:HirePurchaseContracts d:WithinOneYear 2024-12-31 04577445 d:HirePurchaseContracts d:WithinOneYear 2023-12-31 04577445 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-12-31 04577445 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-12-31 04577445 2 2024-01-01 2024-12-31 04577445 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 04577445










GO-GREEN WASTE RECYCLING LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
GO-GREEN WASTE RECYCLING LIMITED
REGISTERED NUMBER: 04577445

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
788,346
842,975

  
788,346
842,975

Current assets
  

Debtors: amounts falling due within one year
 6 
730,054
672,990

Cash at bank and in hand
  
529,585
361,762

  
1,259,639
1,034,752

Creditors: amounts falling due within one year
 7 
(180,988)
(136,547)

Net current assets
  
 
 
1,078,651
 
 
898,205

Total assets less current liabilities
  
1,866,997
1,741,180

Creditors: amounts falling due after more than one year
 8 
-
(5,556)

Provisions for liabilities
  

Deferred tax
 10 
(193,572)
(210,743)

  
 
 
(193,572)
 
 
(210,743)

Net assets
  
1,673,425
1,524,881


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,673,325
1,524,781

  
1,673,425
1,524,881

Page 1

 
GO-GREEN WASTE RECYCLING LIMITED
REGISTERED NUMBER: 04577445
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers 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 director acknowledges his 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 income and retained earnings 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 by: 




K C Honeysett
Director
Date: 8 April 2025

The notes on pages 3 to 9 form part of these financial statements.
Page 2

 
GO-GREEN WASTE RECYCLING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Go-Green Waste Recycling Limited is a private company limited by shares and registered in England and Wales. The registered office is 52 New Town, Uckfield, East Sussex, TN22 5DE. The company's registered number is 04577445.

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

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.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Interest income

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

 
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.

Page 3

 
GO-GREEN WASTE RECYCLING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

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 balance sheet 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 balance sheet 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 balance sheet date.


Page 4

 
GO-GREEN WASTE RECYCLING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.8

Intangible assets

Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of income and retained earnings over its useful economic life.

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.9

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.

Depreciation is provided on the following basis:

Long-term leasehold property
-
10%
Straight line
Plant and machinery
-
20%
Straight line
Motor vehicles
-
33%
Reducing balance
Office equipment
-
25%
Straight line

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.11

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.

 
2.12

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.

Page 5

 
GO-GREEN WASTE RECYCLING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.13

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.

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 13 (2023 - 12).


4.


Intangible assets




Goodwill

£



Cost


At 1 January 2024
120,002



At 31 December 2024

120,002



Amortisation


At 1 January 2024
120,002



At 31 December 2024

120,002



Net book value



At 31 December 2024
-



At 31 December 2023
-



Page 6

 
GO-GREEN WASTE RECYCLING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£
£



Cost


At 1 January 2024
12,274
1,863,196
79,200
1,182
1,955,852


Additions
3,662
326,500
-
-
330,162


Disposals
(9,424)
(404,304)
(1,790)
-
(415,518)



At 31 December 2024

6,512
1,785,392
77,410
1,182
1,870,496



Depreciation


At 1 January 2024
10,069
1,082,519
19,108
1,182
1,112,878


Charge for the year on owned assets
316
234,228
24,714
-
259,258


Disposals
(8,127)
(280,191)
(1,668)
-
(289,986)



At 31 December 2024

2,258
1,036,556
42,154
1,182
1,082,150



Net book value



At 31 December 2024
4,254
748,836
35,256
-
788,346



At 31 December 2023
2,205
780,677
60,092
-
842,974


6.


Debtors

2024
2023
£
£


Trade debtors
163,590
246,876

Amounts owed by group undertakings
504,092
426,114

Other debtors
58,618
-

Prepayments and accrued income
3,754
-

730,054
672,990


Page 7

 
GO-GREEN WASTE RECYCLING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
29,687
35,426

Corporation tax
112,667
62,524

Other taxation and social security
32,729
12,604

Obligations under finance lease and hire purchase contracts
4,167
16,667

Other creditors
1,228
7,232

Accruals and deferred income
510
2,094

180,988
136,547



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
-
5,556



9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
4,167
16,667

Between 1-5 years
-
5,556

4,167
22,223

Page 8

 
GO-GREEN WASTE RECYCLING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

10.


Deferred taxation




2024


£






At beginning of year
(210,743)


Charged to profit or loss
17,171



At end of year
(193,572)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(193,572)
(210,743)

(193,572)
(210,743)


11.


Related party transactions

Included in other debtors is an interest free loan to the value of £58,618 (2023 - £5,708 owed to the director) owed from the director of the company. The loan is repayable on demand. 


12.


Controlling party

The controlling party is the parent, GGW Holdings Limited. This company's registered office address is 52 New Town, Uckfield, East Sussex, TN22 5DE.
 
Page 9