Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07694219 J A Brown C Adams J A Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07694219 2023-07-31 07694219 2024-07-31 07694219 2023-08-01 2024-07-31 07694219 frs-core:CurrentFinancialInstruments 2024-07-31 07694219 frs-core:FurnitureFittings 2024-07-31 07694219 frs-core:FurnitureFittings 2023-08-01 2024-07-31 07694219 frs-core:FurnitureFittings 2023-07-31 07694219 frs-core:MotorVehicles 2024-07-31 07694219 frs-core:MotorVehicles 2023-08-01 2024-07-31 07694219 frs-core:MotorVehicles 2023-07-31 07694219 frs-core:PlantMachinery 2024-07-31 07694219 frs-core:PlantMachinery 2023-08-01 2024-07-31 07694219 frs-core:PlantMachinery 2023-07-31 07694219 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07694219 frs-bus:CompanyLimitedByGuarantee 2023-08-01 2024-07-31 07694219 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07694219 frs-bus:SmallEntities 2023-08-01 2024-07-31 07694219 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07694219 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07694219 frs-bus:Director1 2023-08-01 2024-07-31 07694219 frs-bus:Director2 2023-08-01 2024-07-31 07694219 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 07694219 frs-countries:EnglandWales 2023-08-01 2024-07-31 07694219 2022-07-31 07694219 2023-07-31 07694219 2022-08-01 2023-07-31 07694219 frs-core:CurrentFinancialInstruments 2023-07-31 07694219 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07694219
Green D Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07694219
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,967 2,822
5,967 2,822
CURRENT ASSETS
Stocks 6,000 9,167
Debtors 5 8,850 15,483
Cash at bank and in hand 48,756 10,965
63,606 35,615
Creditors: Amounts Falling Due Within One Year 6 (42,632 ) (26,909 )
NET CURRENT ASSETS (LIABILITIES) 20,974 8,706
TOTAL ASSETS LESS CURRENT LIABILITIES 26,941 11,528
NET ASSETS 26,941 11,528
Income and Expenditure Account 26,941 11,528
MEMBERS' FUNDS 26,941 11,528
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
J A Brown
Director
17th April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Green D Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 07694219 . The registered office is 17 Premier Road, Nottingham, Nottinghamshire, NG7 6NW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% on reducing balance
Motor Vehicles 20% on reducing balance
Fixtures & Fittings 20% on reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Corporation tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 August 2023 67 9,597 1,387 11,051
Additions 1,367 4,996 - 6,363
Disposals (67 ) (3,840 ) - (3,907 )
As at 31 July 2024 1,367 10,753 1,387 13,507
Depreciation
As at 1 August 2023 49 6,955 1,225 8,229
Provided during the period 277 1,186 32 1,495
Disposals (53 ) (2,131 ) - (2,184 )
As at 31 July 2024 273 6,010 1,257 7,540
Net Book Value
As at 31 July 2024 1,094 4,743 130 5,967
As at 1 August 2023 18 2,642 162 2,822
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,850 15,483
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,695 11,054
Corporation tax 2,515 154
Other taxes and social security 6,126 3,239
Other creditors 26,296 12,462
42,632 26,909
7. Related Party Transactions
At the year end the company owed the directors £4,603 (2023: £332).
8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3