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REGISTERED NUMBER: 06391339 (England and Wales)















GREENFIELDS COUNTRYSIDE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






GREENFIELDS COUNTRYSIDE LIMITED (REGISTERED NUMBER: 06391339)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


GREENFIELDS COUNTRYSIDE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: N Perks
R Milligan
Ms S J Wake





REGISTERED OFFICE: Quarry Farm
Nottingham Road
Cropwell Bishop
Nottingham
Nottinghamshire
NG12 3BA





REGISTERED NUMBER: 06391339 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
4 Henley Way
Doddington Road
Lincoln
Lincolnshire
LN6 3QR

GREENFIELDS COUNTRYSIDE LIMITED (REGISTERED NUMBER: 06391339)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 621,763 679,409

CURRENT ASSETS
Stocks 124,283 97,750
Debtors 5 617,439 603,713
Cash at bank 612,519 572,325
1,354,241 1,273,788
CREDITORS
Amounts falling due within one year 6 866,235 720,228
NET CURRENT ASSETS 488,006 553,560
TOTAL ASSETS LESS CURRENT LIABILITIES 1,109,769 1,232,969

CREDITORS
Amounts falling due after more than one year 7 (101,492 ) (179,372 )

PROVISIONS FOR LIABILITIES (155,441 ) (169,852 )
NET ASSETS 852,836 883,745

CAPITAL AND RESERVES
Called up share capital 8 61 55
Share premium 13,605 -
Capital redemption reserve 45 45
Retained earnings 839,125 883,645
SHAREHOLDERS' FUNDS 852,836 883,745

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 6 May 2025 and were signed on its behalf by:



N Perks - Director


GREENFIELDS COUNTRYSIDE LIMITED (REGISTERED NUMBER: 06391339)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Greenfields Countryside 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from countryside management services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the date of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

GREENFIELDS COUNTRYSIDE LIMITED (REGISTERED NUMBER: 06391339)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their esimated useful lives or the lease term, whichever is shorter.

The interest element of these obligations is charged to income statement over the relevant period. The capital element of the future payments is treated as a liability.

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 income statement in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 1,663,153
Additions 161,756
Disposals (227,320 )
At 30 September 2024 1,597,589
DEPRECIATION
At 1 October 2023 983,744
Charge for year 175,110
Eliminated on disposal (183,028 )
At 30 September 2024 975,826
NET BOOK VALUE
At 30 September 2024 621,763
At 30 September 2023 679,409


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 586,130 577,396
Other debtors 31,309 26,317
617,439 603,713

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 153,202 148,183
Trade creditors 93,638 81,099
Taxation and social security 169,964 183,916
Other creditors 449,431 307,030
866,235 720,228

GREENFIELDS COUNTRYSIDE LIMITED (REGISTERED NUMBER: 06391339)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 101,492 179,372

8. CALLED UP SHARE CAPITAL

Allotted, issued & fully paid:
Number: Class: Nominal value: 2024 2023
£    £   
44 Ordinary £1 - 44
11 Ordinary A £1 - 11
5,500 Ordinary A £0.01 55 -
306 Ordinary B £0.01 3 -
306 Ordinary C £0.01 3 -
61 55


On 30th April 2024, 44 Ordinary shares of £1.00 each and 11 Ordinary A shares of £1.00 each were sub-divided into 4,400 Ordinary shares of £0.01 each and 1,100 Ordinary A shares of £0.01 each.

Also on this date, 306 Ordinary B shares of £0.01 and 306 Ordinary B shares of £0.01 each were issued.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors had a directors loan account totalling £6,971 overdrawn brought forward (2023: £12,878 in credit). During the year, the directors of the company borrowed £18,205 (2023: £32,427) from the company and repaid £624 (2023: £12,579). The balance at the end of the year totalled £5,992 overdrawn (2023: £6,971 overdrawn).