REGISTERED NUMBER: 08813834 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Green 13 Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Green

Mrs S M Green

Ms N H Raine

C Martis

R Waddell

REGISTERED OFFICE:

Hardwick House

Prospect Place

Swindon

Wiltshire

SN1 3JL

REGISTERED NUMBER:

08813834 (England and Wales)

FIXED ASSETS

Tangible assets

4

123,849

98,779

CURRENT ASSETS

Debtors

5

33,833

9,966

Cash at bank

334,976

378,819

368,809

388,785

CREDITORS

Amounts falling due within one year

6

462,469

418,399

NET CURRENT LIABILITIES

(93,660

)

(29,614

)

TOTAL ASSETS LESS CURRENT LIABILITIES

30,189

69,165

PROVISIONS FOR LIABILITIES

14,414

4,514

NET ASSETS

15,775

64,651

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

15,575

64,451

SHAREHOLDERS' FUNDS

15,775

64,651

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 3 September 2025 and were signed on its behalf by:

R Green - Director

1.	STATUTORY INFORMATION

Green 13 Solutions Ltd 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.

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents the amount due for licensing of software and provision of consultancy services, net of value added tax.

Where payments are received from customers in advance of the period to which the licensing agreement relates, the amounts are recorded as deferred income and included as part of creditors due within one year.

Where income is contingent on additional criteria being met, the income is recognised to the extent that it relates to the accounting period and it is probable that it will be received. Such amounts are included in debtors and recorded as prepayments and accrued income.

Tangible fixed assets

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

Motor vehicles

-

20% on straight line basis

Computer equipment

-

50% on straight line basis

Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs and borrowing costs capitalised.

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.

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.

Employee benefits

The company provides a range of benefits to employees, including paid holiday arrangements

Short term benefits, including holiday pay and other similar non-monetary benefits, are recognised as an expense in the period in which the service is received.

Annual bonus plan

The company operates an annual bonus plan for employees. An expense is recognised in the profit and loss account when the company has a legal or constructive obligation to make payments under the plan as a result of past events and a reliable estimate of the obligation can be made.

Cash and cash equivalent

Cash and cash equivalents includes cash in hand, deposits held at call with banks and other short-term highly liquid investments with original maturities of three months or less.

Financial instruments

The company has chosen to adopt the Sections 11 and 12 of FRS 102 in respect of financial instruments.

Financial assets

Basic financial assets, including trade and other receivables, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans and overdrafts and loans from fellow group companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Trade payables 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 payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Share Capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

Distributions to equity holders

Dividends and other distributions to company's shareholders are recognised as a liability in the financial statements in the period in which the dividends and other distributions are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

98,445

25,518

123,963

Additions

56,397

2,797

59,194

At 31 December 2024

154,842

28,315

183,157

DEPRECIATION

At 1 January 2024

2,495

22,689

25,184

Charge for year

30,968

3,156

34,124

At 31 December 2024

33,463

25,845

59,308

NET BOOK VALUE

At 31 December 2024

121,379

2,470

123,849

At 31 December 2023

95,950

2,829

98,779

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

29,270

5,788

Amounts owed by group undertakings

4,470

3,722

Other debtors

93

456

33,833

9,966

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

97,025

111,729

Tax

85,537

83,600

Deferred income

276,045

219,896

Accrued expenses

3,862

3,174

462,469

418,399

7.	RELATED PARTY DISCLOSURES

The directors of the company are the same as the directors of Green 13 Research Limited. Green 13 Solutions Limited pays an annual fee of £1 to Green 13 Research Limited for the use of a software license. This is not a market value transaction.