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REGISTERED NUMBER: 01788066
























Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Greenline Construction Limited

Greenline Construction Limited (Registered number: 01788066)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Greenline Construction Limited

Company Information
for the Year Ended 31 August 2024







Director: P Green





Secretary: P Green





Registered office: Prospect House
50 Angelton Green
Penyfai
Bridgend
Mid Glamorgan
CF31 4LQ





Registered number: 01788066





Accountants: Curtis Bowden & Thomas Limited
Chartered Certified Accountants
9 Court Road
Bridgend
CF31 1BE

Greenline Construction Limited (Registered number: 01788066)

Statement of Financial Position
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
Fixed assets
Tangible assets 4 8,100 8,127
Investment property 5 1,295,377 1,295,377
1,303,477 1,303,504

Current assets
Debtors 6 8,810 7,839
Cash at bank 133,088 127,548
141,898 135,387
Creditors
Amounts falling due within one year 7 143,508 135,279
Net current (liabilities)/assets (1,610 ) 108
Total assets less current liabilities 1,301,867 1,303,612

Provisions for liabilities 97,710 97,710
Net assets 1,204,157 1,205,902

Capital and reserves
Called up share capital 100 100
Fair value reserve 8 416,553 416,553
Retained earnings 787,504 789,249
Shareholders' funds 1,204,157 1,205,902

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Greenline Construction Limited (Registered number: 01788066)

Statement of Financial Position - continued
31 August 2024


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 director and authorised for issue on 20 May 2025 and were signed by:





P Green - Director


Greenline Construction Limited (Registered number: 01788066)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. Statutory information

Greenline Construction Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

Greenline Construction Limited (Registered number: 01788066)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. Tangible fixed assets
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
Cost
At 1 September 2023
and 31 August 2024 8,019 25,224 691 3,759 37,693
Depreciation
At 1 September 2023 - 25,175 668 3,723 29,566
Charge for year - 12 6 9 27
At 31 August 2024 - 25,187 674 3,732 29,593
Net book value
At 31 August 2024 8,019 37 17 27 8,100
At 31 August 2023 8,019 49 23 36 8,127

5. Investment property
Total
£   
Fair value
At 1 September 2023
and 31 August 2024 1,295,377
Net book value
At 31 August 2024 1,295,377
At 31 August 2023 1,295,377

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2015 950,000
Cost 345,377
1,295,377

If investment property had not been revalued it would have been included at the following historical cost:

31.8.24 31.8.23
£    £   
Cost 781,114 781,114

investment property was valued on at market value basis on 1 September 2020 by the director .

6. Debtors: amounts falling due within one year
31.8.24 31.8.23
£    £   
Trade debtors 8,810 7,839

Greenline Construction Limited (Registered number: 01788066)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. Creditors: amounts falling due within one year
31.8.24 31.8.23
£    £   
Trade creditors 6,333 7,148
Taxation and social security 6,611 3,672
Other creditors 130,564 124,459
143,508 135,279

8. Reserves
Fair
value
reserve
£   
At 1 September 2023
and 31 August 2024 416,553

9. Related party disclosures

The company makes charitable donations to Friends of Monze, a registered charity with a charity number 1154762.The donations this year amounted to £53,000. Paul Green, the director, is also a trustee of Friends of Monze.

10. Ultimate controlling party

The ultimate controlling party is P Green.