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REGISTERED NUMBER: 10272197 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

GREENTEAM HOLDINGS LTD

GREENTEAM HOLDINGS LTD (REGISTERED NUMBER: 10272197)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GREENTEAM HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mrs S B Green
M G Green





REGISTERED OFFICE: Unit 21 Spring Mill
Avening Road
Nailsworth
Stroud
Gloucestershire
GL6 0BS





REGISTERED NUMBER: 10272197 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

GREENTEAM HOLDINGS LTD (REGISTERED NUMBER: 10272197)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Investments 5 891 891
892 892

CURRENT ASSETS
Debtors 6 7,305 10,476
Investments 7 40,121 30,493
Cash at bank 107,389 168,569
154,815 209,538
CREDITORS
Amounts falling due within one year 8 32,032 6,440
NET CURRENT ASSETS 122,783 203,098
TOTAL ASSETS LESS CURRENT
LIABILITIES

123,675

203,990

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 123,575 203,890
SHAREHOLDERS' FUNDS 123,675 203,990

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.

GREENTEAM HOLDINGS LTD (REGISTERED NUMBER: 10272197)

BALANCE SHEET - continued
30 SEPTEMBER 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 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 29 May 2025 and were signed on its behalf by:




M G Green - Director



Mrs S B Green - Director


GREENTEAM HOLDINGS LTD (REGISTERED NUMBER: 10272197)

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

1. STATUTORY INFORMATION

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

Turnover is recognised at the point of an invoice being raised.

Intangible assets
Intangible assets are measured at cost.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

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.

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.

Going concern
There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern.

GREENTEAM HOLDINGS LTD (REGISTERED NUMBER: 10272197)

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

2. ACCOUNTING POLICIES - continued

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or
event at or prior to the balance sheet date. In addition, a provision is only recognised where the
amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted
basis.

Current asset investments
Investments in bullion, which have been classified as current asset investments, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023
and 30 September 2024 1
NET BOOK VALUE
At 30 September 2024 1
At 30 September 2023 1

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 891
NET BOOK VALUE
At 30 September 2024 891
At 30 September 2023 891

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 7,305 10,476

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 40,121 30,493

GREENTEAM HOLDINGS LTD (REGISTERED NUMBER: 10272197)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,600 -
Corporation Tax 2,827 4,945
Directors' loan accounts 24,000 -
Accrued expenses 1,605 1,495
32,032 6,440

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
M G Green and Mrs S B Green
Balance outstanding at start of year - (32,000 )
Amounts advanced - 32,000
Amounts repaid (24,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (24,000 ) -

No interest has been charged on the balance, and there no set repayment terms for the loan.

10. RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption to not prepare group accounts, as it is a small group.
It holds all shares in Calinnova Limited and InnovaCal Inc.

Subsidiary companies

At the balance sheet date the subsidiary companies owed the parent company the following amounts:
InnovaCal £nil (2023: £2,838) and Calinnova £4,872 (2023: £5,942).