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Registration number: 10990305

Green Bumpers Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 October 2024

 

Green Bumpers Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 8

 

Green Bumpers Limited

Company Information

Director

Mr Richard James Kavanagh

Registered office

Unit B43 The Hangars
Harbury Lane
Leamington Spa
Warwickshire
CV33 9SA

Accountants

John Holmes-Accountant 3 Vermont Grove
Leamington Spa
Warwickshire
CV31 1SE

 

Green Bumpers Limited

(Registration number: 10990305)
Balance Sheet as at 30 October 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

19,016

5,341

Current assets

 

Debtors

5

12,575

12,574

Cash at bank and in hand

 

96,461

131,798

 

109,036

144,372

Creditors: Amounts falling due within one year

6

(87,277)

(99,257)

Net current assets

 

21,759

45,115

Total assets less current liabilities

 

40,775

50,456

Creditors: Amounts falling due after more than one year

6

(13,425)

(13,425)

Net assets

 

27,350

37,031

Capital and reserves

 

Called up share capital

7

98

98

Retained earnings

27,252

36,933

Shareholders' funds

 

27,350

37,031

For the financial year ending 30 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 July 2025
 

.........................................
Mr Richard James Kavanagh
Director

 

Green Bumpers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit B43 The Hangars
Harbury Lane
Leamington Spa
Warwickshire
CV33 9SA
England

These financial statements were authorised for issue by the director on 23 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Green Bumpers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & Equipment

20.00% straight line

Motor Vehicles

25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

 

Green Bumpers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2024

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 2).

 

Green Bumpers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2024

4

Tangible assets

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 31 October 2023

-

13,352

13,352

Additions

21,795

-

21,795

At 30 October 2024

21,795

13,352

35,147

Depreciation

At 31 October 2023

-

8,011

8,011

Charge for the year

5,449

2,671

8,120

At 30 October 2024

5,449

10,682

16,131

Carrying amount

At 30 October 2024

16,346

2,670

19,016

At 30 October 2023

-

5,341

5,341

5

Debtors

Current

2024
£

2023
£

Trade debtors

1,320

1,320

Other debtors

11,255

11,254

 

12,575

12,574

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

4,413

4,413

Trade creditors

 

22,809

34,321

Taxation and social security

 

56,857

57,925

Accruals and deferred income

 

3,118

2,518

Other creditors

 

80

80

 

87,277

99,257

 

Green Bumpers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2024

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

13,425

13,425

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

98

98

98

98

       

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

15,000

15,000

Other borrowings

(1,575)

(1,575)

13,425

13,425

Current loans and borrowings

2024
£

2023
£

Other borrowings

4,413

4,413

9

Dividends

2024

2023

£

£

 

 

10

Related party transactions

 

Green Bumpers Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2024

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

-

12,000