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REGISTERED NUMBER: SC714523 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

GREEN PARADISE PUBS LTD

GREEN PARADISE PUBS LTD (REGISTERED NUMBER: SC714523)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GREEN PARADISE PUBS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: M F McAvoy





REGISTERED OFFICE: 8 Bute Road
Rutherglen
Glasgow
G73 5JH





REGISTERED NUMBER: SC714523 (Scotland)





ACCOUNTANT: John Murphy & Company (Scotland) Limited
Chartered Accountants
Castle Chambers
67 Main Street
Bothwell
Lanarkshire
G71 8ER

GREEN PARADISE PUBS LTD (REGISTERED NUMBER: SC714523)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,018 21,955

CURRENT ASSETS
Stocks 2,800 4,700
Cash at bank and in hand 2,367 38,867
5,167 43,567
CREDITORS
Amounts falling due within one year 5 21,291 36,653
NET CURRENT (LIABILITIES)/ASSETS (16,124 ) 6,914
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,894

28,869

CREDITORS
Amounts falling due after more than one
year

6

(8,447

)

(11,811

)

PROVISIONS FOR LIABILITIES 7 (2,396 ) (4,171 )
NET ASSETS 51 12,887

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 50 12,886
SHAREHOLDERS' FUNDS 51 12,887

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 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.

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 11 July 2025 and were signed by:



M F McAvoy - Director


GREEN PARADISE PUBS LTD (REGISTERED NUMBER: SC714523)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Green Paradise Pubs Ltd 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.
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost

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 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

GREEN PARADISE PUBS LTD (REGISTERED NUMBER: SC714523)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 December 2023 15,018 10,080 25,098
Additions 880 16,498 17,378
Disposals - (10,080 ) (10,080 )
At 30 November 2024 15,898 16,498 32,396
DEPRECIATION
At 1 December 2023 1,127 2,016 3,143
Charge for year 2,326 2,765 5,091
Eliminated on disposal - (2,856 ) (2,856 )
At 30 November 2024 3,453 1,925 5,378
NET BOOK VALUE
At 30 November 2024 12,445 14,573 27,018
At 30 November 2023 13,891 8,064 21,955

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 3,371 3,371
Trade creditors 2,810 2,473
Corporation tax (1,233 ) 1,235
Payroll taxation 295 331
VAT 5,573 6,171
Wages control 755 -
Directors' current accounts 6,150 19,205
Accrued charges 3,570 3,867
21,291 36,653

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans - 1-2 years 3,799 3,799
Bank loans - 2-5 years 4,648 8,012
8,447 11,811

7. PROVISIONS FOR LIABILITIES
30.11.24 30.11.23
£    £   
Deferred tax 2,396 4,171

GREEN PARADISE PUBS LTD (REGISTERED NUMBER: SC714523)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2023 4,171
Provided during year (1,775 )
Balance at 30 November 2024 2,396

8. ULTIMATE CONTROLLING PARTY

The controlling party is M F McAvoy.