Company Registration No. 4465014 (England and Wales)
GREENSAND STUDIOS LIMITED
Unaudited accounts
for the year ended 31 March 2025
GREENSAND STUDIOS LIMITED
Unaudited accounts
Contents
GREENSAND STUDIOS LIMITED
Company Information
for the year ended 31 March 2025
Directors
Mark William Walton
Michele Ann Walton
Secretary
Michele Ann Walton
Company Number
4465014 (England and Wales)
Registered Office
Greenthumb, Blacklands Farm
Wheatsheaf Road
Henfield
West Sussex
BN5 9AT
Accountants
Angela MacCarthy Limited T A On The Spot
7 Chalfont Drive
Hove
East Sussex
BN3 6QR
GREENSAND STUDIOS LIMITED
Statement of financial position
as at 31 March 2025
Intangible assets
39,750
1,350
Tangible assets
3,216
6,875
Cash at bank and in hand
18,470
15,760
Creditors: amounts falling due within one year
(72,440)
(67,457)
Net current (liabilities)/assets
(11,904)
6,571
Total assets less current liabilities
31,062
14,796
Creditors: amounts falling due after more than one year
(30,750)
-
Called up share capital
2
2
Profit and loss account
310
14,794
Shareholders' funds
312
14,796
For the year ending 31 March 2025 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by
Michele Ann Walton
Director
Company Registration No. 4465014
GREENSAND STUDIOS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
GREENSAND STUDIOS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4465014. The registered office is Greenthumb, Blacklands Farm, Wheatsheaf Road, Henfield, West Sussex, BN5 9AT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
The Greenthumb licence is amortised on a straight line basis over it's renewal period of 5 years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum reducing balance and straight line
Motor vehicles
25% per annum straight line (full rate in year of purchase, none in year of sale)
Computer equipment
25% per annum reducing balance
Operating Lease Commitments
At the balance sheet date, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £25,149 (2024: £18,031).
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 the profit and loss account in the period to which they relate.
GREENSAND STUDIOS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
59,474
18,540
20,340
98,354
At 31 March 2025
59,474
18,540
20,340
98,354
At 1 April 2024
53,564
18,540
19,375
91,479
Charge for the year
3,319
-
340
3,659
At 31 March 2025
56,883
18,540
19,715
95,138
At 31 March 2025
2,591
-
625
3,216
At 31 March 2024
5,910
-
965
6,875
Amounts falling due within one year
Trade debtors
7,041
24,929
Other debtors
21,837
17,330
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,109
1,649
Trade creditors
24,429
25,507
Taxes and social security
8,885
12,841
Other creditors
19,429
9,339
GREENSAND STUDIOS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
9
Transactions with related parties
The transactions with the directors and shareholders have not been conducted under normal market conditions. A balance of £12,736 is owed by the directors at the year end. No interest is being charged to the directors.
10
Post balance sheet events
At the end of April 2025, the company became aware of an issue with a tainted chemical that had been used to treat lawns. A consequent claim has been made against the company's insurance cover, but at this stage it is unclear as to the outcome.If extensive lawn reinstatements were to be required, it is estimated the cost could be in the region of £79K.
11
Average number of employees
During the year the average number of employees was 9 (2024: 9).