REGISTERED NUMBER: 04600897 (England and Wales)

A & S Greenway Limited

Unaudited Financial Statements

for the Year Ended 30 November 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B M Hyman

Mr J D Hyman

Mr A Hyman

Mrs S Hyman

SECRETARY:

Mr A Hyman

REGISTERED OFFICE:

12 Bridgford Road

West Bridgford

Nottinghamshire

NG2 6AB

REGISTERED NUMBER:

04600897 (England and Wales)

ACCOUNTANTS:

Brooks Mayfield Limited

Chartered Accountants

12 Bridgford Road

West Bridgford

Nottinghamshire

NG2 6AB

FIXED ASSETS

Intangible assets

5

11,104

14,354

Tangible assets

6

227,534

277,087

238,638

291,441

CURRENT ASSETS

Stocks

30,172

32,222

Debtors

7

288,109

291,217

Cash at bank and in hand

101,113

104,216

419,394

427,655

CREDITORS

Amounts falling due within one year

8

372,116

377,972

NET CURRENT ASSETS

47,278

49,683

TOTAL ASSETS LESS CURRENT LIABILITIES

285,916

341,124

CREDITORS

Amounts falling due after more than one year

9

(63,900

)

(124,660

)

PROVISIONS FOR LIABILITIES

(56,486

)

(51,618

)

NET ASSETS

165,530

164,846

CAPITAL AND RESERVES

Called up share capital

12

20

20

Retained earnings

165,510

164,826

SHAREHOLDERS' FUNDS

165,530

164,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 2 May 2025 and were signed on its behalf by:

Mr J D Hyman - Director

1.	STATUTORY INFORMATION

A & S Greenway 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 2007, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

in accordance with the property

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2023 - 38 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2023

and 30 November 2024

65,000

AMORTISATION

At 1 December 2023

50,646

Charge for year

3,250

At 30 November 2024

53,896

NET BOOK VALUE

At 30 November 2024

11,104

At 30 November 2023

14,354

6.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 December 2023

and 30 November 2024

65,000

134,481

238,011

230,690

668,182

DEPRECIATION

At 1 December 2023

59,586

111,087

139,345

81,077

391,095

Charge for year

3,824

3,509

14,800

27,420

49,553

At 30 November 2024

63,410

114,596

154,145

108,497

440,648

NET BOOK VALUE

At 30 November 2024

1,590

19,885

83,866

122,193

227,534

At 30 November 2023

5,414

23,394

98,666

149,613

277,087

The net book value of fixed assets held under hire purchase contracts is £117,932 (2023 - £143,932)

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Trade debtors

223,288

201,661

Other debtors

64,821

89,556

288,109

291,217

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Bank loans and overdrafts

18,268

40,404

Hire purchase contracts (see note 10)

40,439

40,439

Trade creditors

247,445

253,767

Taxation and social security

62,664

40,162

Other creditors

3,300

3,200

372,116

377,972

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.24

30.11.23

£

£

Bank loans

8,333

28,652

Hire purchase contracts (see note 10)

55,567

96,008

63,900

124,660

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.11.24

30.11.23

£

£

Net obligations repayable:

Within one year

40,439

40,439

Between one and five years

55,567

96,008

96,006

136,447

Non-cancellable

operating leases

30.11.24

30.11.23

£

£

Within one year

29,117

25,062

Between one and five years

43,082

11,554

72,199

36,616

11.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.24

30.11.23

£

£

Bank loans

26,601

69,056

Hire purchase contracts

96,006

136,447

122,607

205,503

Bank loans are secured on the assets of the company and the hire purchase liabilities are secured against the assets to which they relate.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.24

30.11.23

value:

£

£

20

Ordinary

£1

20

20

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year ended 30th November 2024 a loan account existed between the company and its directors and as at 30th November 2024 the directors owe the company £27,248 (2023 - £33,721). The loan is not interest bearing and the balance is being cleared after the year end by way of dividends.