07010082falsethat of mechanical engineers2023-09-012024-08-31http://www.companieshouse.gov.uk/2023-08-31http://www.companieshouse.gov.uk/cd:Director12023-09-012024-08-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-08-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-08-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-09-012024-08-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-09-012024-08-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-08-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-08-31http://www.companieshouse.gov.uk/2023-09-012024-08-31http://www.companieshouse.gov.uk/2023-08-31http://www.companieshouse.gov.uk/cd:FRS1022023-09-012024-08-31http://www.companieshouse.gov.uk/2024-08-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-09-012024-08-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-09-012024-08-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07010082
Greenfields Heat and Power Limited
ACCOUNTS
FOR THE YEAR ENDED 31/08/2024

Greenfields Heat and Power Limited

ACCOUNTS
FOR THEYEARENDED31/08/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet2
Notes To The Accounts3
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Greenfields Heat and Power Limited

BALANCE SHEET AT 31/08/2024
20242023
Notes££
FIXED ASSETS
Tangible assets2220,825182,604
CURRENT ASSETS
Stock407,000456,000
Debtors4145,910253,303
Cash at bank and in hand47,777184,699
600,687894,002
CREDITORS: Amounts falling due within one year5215,312509,363
NET CURRENT ASSETS385,375384,639
TOTAL ASSETS LESS CURRENT LIABILITIES606,200567,243
CREDITORS: Amounts falling due after more than one year684,01441,387
PROVISIONS FOR LIABILITIES AND CHARGES833,38728,188
NET ASSETS488,799497,668
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account488,699497,568
SHAREHOLDERS' FUNDS488,799497,668
For the year ending 31/08/2024 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 05/03/2025 and signed on their behalf by
.............................
Mr A Beatty
Director

Greenfields Heat and Power Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/08/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Greenfields Heat and Power Limited

2. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 01/09/2023423,259423,259
Additions169,584169,584
Disposals(119,233)(119,233)
At 31/08/2024473,610473,610
Depreciation
At 01/09/2023240,655240,655
Disposals(29,311)(29,311)
For the year41,44141,441
At 31/08/2024252,785252,785
Net Book Amounts
At 31/08/2024220,825220,825
At 31/08/2023182,604182,604
3. STOCK 20242023
££
Stock comprises:
Stock407,000456,000
407,000456,000
4. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors110,714249,777
Other debtors35,1963,526
145,910253,303

Greenfields Heat and Power Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Bank loans and overdrafts6,1458,333
Trade creditors119,403230,958
Other creditors89,764270,072
215,312509,363
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans and overdrafts-6,370
Other creditors84,01435,017
84,01441,387
Included in other creditors are:
Obligations under hire purchase84,01435,017
7. EMPLOYEES
20242023
No.No.
Average number of employees1818
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation33,38728,188
33,38728,188

Greenfields Heat and Power Limited

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100