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REGISTERED NUMBER: 04689074 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Greenhouse Graphics Limited

Greenhouse Graphics Limited (Registered number: 04689074)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Greenhouse Graphics Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: D P Bennett
Mrs K S Bennett





REGISTERED OFFICE: 8 Cufaude Business Park
Cufaude Lane
Bramley
Tadley
Hampshire
RG26 5DL





REGISTERED NUMBER: 04689074 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

Greenhouse Graphics Limited (Registered number: 04689074)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 285,981 286,807
285,981 286,807

CURRENT ASSETS
Stocks 45,000 36,000
Debtors 6 371,287 348,829
Cash at bank 68,933 6,647
485,220 391,476
CREDITORS
Amounts falling due within one year 7 281,729 286,347
NET CURRENT ASSETS 203,491 105,129
TOTAL ASSETS LESS CURRENT
LIABILITIES

489,472

391,936

CREDITORS
Amounts falling due after more than one
year

8

(370,050

)

(242,915

)

PROVISIONS FOR LIABILITIES 11 (64,374 ) (70,468 )
NET ASSETS 55,048 78,553

CAPITAL AND RESERVES
Called up share capital 12 100 100
Retained earnings 54,948 78,453
SHAREHOLDERS' FUNDS 55,048 78,553

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Greenhouse Graphics Limited (Registered number: 04689074)

Balance Sheet - continued
31 March 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:





D P Bennett - Director


Greenhouse Graphics Limited (Registered number: 04689074)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Greenhouse Graphics 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.

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, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of two years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Leasehold Improvements - 20% on cost
Plant and machinery - 20% on cost and Depreciated to realisable value
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.


Greenhouse Graphics Limited (Registered number: 04689074)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, adjusted for indexation where applicable.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 profit or loss in the period to which they relate.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 9 ) .

Greenhouse Graphics Limited (Registered number: 04689074)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 10,000
AMORTISATION
At 1 April 2024
and 31 March 2025 10,000
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
Improvements machinery fittings
£    £    £   
COST
At 1 April 2024 15,620 855,451 16,205
Additions - 9,720 1,500
At 31 March 2025 15,620 865,171 17,705
DEPRECIATION
At 1 April 2024 15,620 587,531 10,480
Charge for year - 22,119 1,052
At 31 March 2025 15,620 609,650 11,532
NET BOOK VALUE
At 31 March 2025 - 255,521 6,173
At 31 March 2024 - 267,920 5,725

Greenhouse Graphics Limited (Registered number: 04689074)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 54,654 50,041 991,971
Additions 13,693 1,588 26,501
At 31 March 2025 68,347 51,629 1,018,472
DEPRECIATION
At 1 April 2024 42,927 48,606 705,164
Charge for year 2,931 1,225 27,327
At 31 March 2025 45,858 49,831 732,491
NET BOOK VALUE
At 31 March 2025 22,489 1,798 285,981
At 31 March 2024 11,727 1,435 286,807


6. DEBTORS
31.3.25 31.3.24
£    £   
Amounts falling due within one year:
Trade debtors 104,666 88,100
Other debtors 16,971 11,079
121,637 99,179

Amounts falling due after more than one year:
Amounts owed by group undertakings 249,650 249,650

Aggregate amounts 371,287 348,829

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 144,904 120,921
Hire purchase contracts (see note 9) 10,565 14,773
Trade creditors 101,990 92,264
Taxation and social security 16,671 52,478
Other creditors 7,599 5,911
281,729 286,347

Greenhouse Graphics Limited (Registered number: 04689074)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 355,964 228,209
Hire purchase contracts (see note 9) 14,086 14,706
370,050 242,915

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.3.25 31.3.24
£    £   
Net obligations repayable:
Within one year 10,565 14,773
Between one and five years 14,086 14,706
24,651 29,479

Non-cancellable operating leases
31.3.25 31.3.24
£    £   
Within one year 39,780 39,780
Between one and five years 44,745 61,305
84,525 101,085

10. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Hire purchase contracts 24,651 29,479

Hire purchase agreements are secured by way of a charge on the assets they are financing.

11. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 64,374 70,468

Greenhouse Graphics Limited (Registered number: 04689074)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


11. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 70,468
Provided during year (6,094 )
Accelerated capital allowances
Losses carried forward
Balance at 31 March 2025 64,374

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary £1 100 100