2023-10-01 SC237453 2024-09-30 SC237453 2023-10-01 2024-09-30 SC237453 2023-09-30 SC237453 2022-10-01 2023-09-30 SC237453 uk-core:WithinOneYear 2023-09-30 SC237453 uk-core:WithinOneYear 2024-09-30 SC237453 uk-core:AfterOneYear 2023-09-30 SC237453 uk-core:AfterOneYear 2024-09-30 SC237453 uk-core:ShareCapital 2024-09-30 SC237453 uk-core:ShareCapital 2023-09-30 SC237453 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC237453 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 SC237453 uk-bus:Director1 2023-10-01 2024-09-30 SC237453 uk-core:OfficeEquipment 2023-09-30 SC237453 uk-core:VehiclesPlantMachinery 2023-09-30 SC237453 uk-core:FurnitureFittingsToolsEquipment 2023-09-30 SC237453 uk-core:OfficeEquipment 2023-10-01 2024-09-30 SC237453 uk-core:VehiclesPlantMachinery 2023-10-01 2024-09-30 SC237453 uk-core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 SC237453 uk-core:FurnitureFittingsToolsEquipment 2024-09-30 SC237453 uk-core:VehiclesPlantMachinery 2024-09-30 SC237453 uk-core:OfficeEquipment 2024-09-30 SC237453 uk-core:WithinOneYear 2024-09-30 SC237453 uk-core:WithinOneYear 2023-09-30 SC237453 uk-core:AfterOneYear uk-core:Secured 2024-09-30 SC237453 uk-core:AfterOneYear uk-core:Secured 2023-09-30 iso4217:GBP xbrli:pure SC237453 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 SC237453 uk-bus:FRS102 2023-10-01 2024-09-30 SC237453 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 SC237453 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
GREENMASTER LTD
Registered Number:SC237453
For the year ended 30 September 2024
Scotland
Unaudited Financial Statements
2
For the year ended 30 September 2024
GREENMASTER LTD
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
SC237453
As at 30 September 2024
GREENMASTER LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
19,047
16,860
2
19,047
16,860
Current assets
Inventories
1,494
1,453
3
Trade and other receivables
2,281
3,467
4
71,327
Cash and cash equivalents
58,213
63,133
75,102
Trade and other payables: amounts falling due within one
year
(8,305)
(4,595)
5
66,797
58,538
Net current assets
Total assets less current liabilities
77,585
83,657
Trade and other payables: amounts falling due after more
than one year
(2,901)
(771)
6
76,814
Net assets
80,756
Capital and reserves
Called up share capital
100
100
Retained earnings
76,714
80,656
76,814
80,756
Shareholders' funds
For the year ended 30 September 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
DAVID MANSON Director
These financial statements were approved and authorised for issue by the Board on 26 June 2025 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 30 September 2024
GREENMASTER LTD
Notes to the Financial Statements
Statutory Information
GREENMASTER LTD is a private limited company, limited by shares, domiciled in Scotland, registration number
SC237453.
Registered address:
28 ST SERFS GROVE
CLACKMANNAN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
2 of 4
5
For the year ended 30 September 2024
GREENMASTER LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 October 2023
159,821
9,798
33,735
116,288
7,510
360
-
7,150
Additions
At 30 September 2024
123,438
33,735
10,158
167,331
Provision for depreciation and impairment
At 01 October 2023
142,961
8,859
24,684
109,418
Charge for year
5,323
260
2,263
2,800
At 30 September 2024
148,284
9,119
26,947
112,218
At 30 September 2024
Net book value
11,220
6,788
1,039
19,047
At 30 September 2023
6,870
9,051
939
16,860
3. Inventories
2023
2024
£
£
Stocks
1,453
1,494
4. Trade and other receivables
2023
2024
£
£
Trade debtors
3,467
2,281
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
2,130
2,130
Trade creditors
1,206
2,728
Taxation and social security
359
2,547
Other creditors
900
900
4,595
8,305
3 of 4
6
For the year ended 30 September 2024
GREENMASTER LTD
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
771
2,901
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
4 of 4