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REGISTERED NUMBER: SC406701 (Scotland)













Unaudited Financial Statements

for the Year Ended 30 September 2024

for

GREENTREE TAVERN LIMITED

GREENTREE TAVERN LIMITED (REGISTERED NUMBER: SC406701)






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


GREENTREE TAVERN LIMITED

Company Information
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: D Cowan





REGISTERED OFFICE: 6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ





REGISTERED NUMBER: SC406701 (Scotland)





ACCOUNTANTS: BK Plus Ltd
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ

GREENTREE TAVERN LIMITED (REGISTERED NUMBER: SC406701)

Balance Sheet
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 287,129 294,680

CURRENT ASSETS
Debtors 5 1,241 534
Cash at bank 9,417 4,742
10,658 5,276
CREDITORS
Amounts falling due within one year 6 271,998 287,255
NET CURRENT LIABILITIES (261,340 ) (281,979 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,789

12,701

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 25,689 12,601
SHAREHOLDERS' FUNDS 25,789 12,701

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 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.

GREENTREE TAVERN LIMITED (REGISTERED NUMBER: SC406701)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 June 2025 and were signed by:





D Cowan - Director


GREENTREE TAVERN LIMITED (REGISTERED NUMBER: SC406701)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Greentree Tavern Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on a straight line basis

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 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.

3. EMPLOYEES AND DIRECTORS

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

GREENTREE TAVERN LIMITED (REGISTERED NUMBER: SC406701)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 October 2023
and 30 September 2024 377,569
DEPRECIATION
At 1 October 2023 82,889
Charge for year 7,551
At 30 September 2024 90,440
NET BOOK VALUE
At 30 September 2024 287,129
At 30 September 2023 294,680

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,241 534

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 19,767 26,038
Taxation and social security 17,474 13,130
Other creditors 234,757 248,087
271,998 287,255

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   

GREENTREE TAVERN LIMITED (REGISTERED NUMBER: SC406701)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 19,767 26,038

The bank loans are secured by a standard security over the freehold property together with a bond and floating charge over the assets of the company. Guarantees have also been provided by David Cowan Properties and Starling Investments Ltd, a company in which David Cowan is the director and majority shareholder.