Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312023-07-26falseActivities of other holding companies not elsewhere classified5falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15031354 2023-07-25 15031354 2023-07-26 2024-12-31 15031354 2023-01-01 2023-07-25 15031354 2024-12-31 15031354 c:Director1 2023-07-26 2024-12-31 15031354 c:Director1 2024-12-31 15031354 c:Director2 2023-07-26 2024-12-31 15031354 c:Director2 2024-12-31 15031354 c:Director3 2023-07-26 2024-12-31 15031354 c:Director3 2024-12-31 15031354 c:Director4 2023-07-26 2024-12-31 15031354 c:Director4 2024-12-31 15031354 c:Director5 2023-07-26 2024-12-31 15031354 c:Director5 2024-12-31 15031354 c:RegisteredOffice 2023-07-26 2024-12-31 15031354 d:PlantMachinery 2023-07-26 2024-12-31 15031354 d:PlantMachinery 2024-12-31 15031354 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-26 2024-12-31 15031354 d:CurrentFinancialInstruments 2024-12-31 15031354 d:Non-currentFinancialInstruments 2024-12-31 15031354 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15031354 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 15031354 d:ShareCapital 2023-07-26 2024-12-31 15031354 d:ShareCapital 2024-12-31 15031354 d:RetainedEarningsAccumulatedLosses 2023-07-26 2024-12-31 15031354 d:RetainedEarningsAccumulatedLosses 2024-12-31 15031354 c:FRS102 2023-07-26 2024-12-31 15031354 c:AuditExempt-NoAccountantsReport 2023-07-26 2024-12-31 15031354 c:FullAccounts 2023-07-26 2024-12-31 15031354 c:PrivateLimitedCompanyLtd 2023-07-26 2024-12-31 15031354 e:PoundSterling 2023-07-26 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 15031354









ASSET GREEN LTD







UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

 
ASSET GREEN LTD
 
 
COMPANY INFORMATION


Directors
Mark Tuner (appointed 10 January 2024)
Markus Heiss (appointed 10 January 2024)
Rasmus Friis (appointed 10 January 2024)
Rodney Bassett (appointed 10 January 2024)
Kiabod Mashad (appointed 6 July 2023, resigned 10 January 2024)




Registered number
15031354



Registered office
1 Half Moon Street

London

W1J 7AY





 
ASSET GREEN LTD
 

CONTENTS



Page
Directors' Report
1
Directors' Responsibilities Statement
2
Balance Sheet
3 - 4
Statement of Changes in Equity
5
Notes to the Financial Statements
6 - 9


 
ASSET GREEN LTD
 
 
 
DIRECTORS' REPORT
FOR THE PERIOD ENDED 31 DECEMBER 2024

The directors present their report and the financial statements for the period ended 31 December 2024.

Directors

The directors who served during the period were:

Mark Tuner (appointed 10 January 2024)
Markus Heiss (appointed 10 January 2024)
Rasmus Friis (appointed 10 January 2024)
Rodney Bassett (appointed 10 January 2024)
Kiabod Mashad (appointed 6 July 2023, resigned 10 January 2024)

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 10 April 2025 and signed on its behalf.
 





Mark Tuner
Director

Page 1

 
ASSET GREEN LTD
 
 
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE PERIOD ENDED 31 DECEMBER 2024

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the directors are required to:

select suitable accounting policies for the Company's financial statements and then apply them consistently;

make judgments and accounting estimates that are reasonable and prudent;


prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 2

 
ASSET GREEN LTD
REGISTERED NUMBER: 15031354

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
1,332

  
1,332

Current assets
  

Debtors: amounts falling due after more than one year
 5 
2,812,990

Debtors: amounts falling due within one year
 5 
51,452

Cash at bank and in hand
 6 
234,594

  
3,099,036

Creditors: amounts falling due within one year
 7 
(7,795)

Net current assets
  
 
 
3,091,241

Total assets less current liabilities
  
3,092,573

Creditors: amounts falling due after more than one year
 8 
(3,732,483)

  

Net (liabilities)/assets
  
(639,910)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(640,010)

  
(639,910)


The directors consider 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 period in question in accordance with section 476 of the Companies Act 2006.

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 Company's financial statements have been prepared in accordance with the 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 on 10 April 2025.




Mark Tuner
Director

Page 3

 
ASSET GREEN LTD
REGISTERED NUMBER: 15031354
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The notes on pages 6 to 9 form part of these financial statements.

Page 4

 
ASSET GREEN LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Loss for the period

-
(640,010)
(640,010)


Other comprehensive income for the period
-
-
-


Total comprehensive income for the period
-
(640,010)
(640,010)


Contributions by and distributions to owners

Shares issued during the period
100
-
100


Total transactions with owners
100
-
100


At 31 December 2024
100
(640,010)
(639,910)

The notes on pages 6 to 9 form part of these financial statements.

Page 5

 
ASSET GREEN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

Asset Green Limited is a private limited company incorporated on 26 Jul 2023. Registered office
address is 1 Half Moon Street, London, W1J 7AY. Its main activity is Activities of other holding companies not elsewhere classified. 

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

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.

 
2.3

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, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 6

 
ASSET GREEN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

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, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


     31 December
        2024
            No.






Average Number of Employees
5

Page 7

 
ASSET GREEN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


Additions
1,564



At 31 December 2024

1,564



Depreciation


Charge for the period on owned assets
232



At 31 December 2024

232



Net book value



At 31 December 2024
1,332


5.


Debtors

2024
£

Due after more than one year

Amounts owed by Related Parties
2,812,990

2,812,990


2024
£

Due within one year

Amounts owed by group Related Parties
46,204

Other debtors
5,148

Called up share capital not paid
100

51,452


Page 8

 
ASSET GREEN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
234,594

234,594



7.


Creditors: Amounts falling due within one year

2024
£

Amounts owed to Related Parties
7,795

7,795



8.


Creditors: Amounts falling due after more than one year

2024
£

Amounts owed to Related Parties
3,732,483

3,732,483


Page 9