Greenside Landscapes Ltd 31/12/2024 iXBRL

Company registration number: 05628987

Greenside Landscapes Ltd

Unaudited filleted financial statements

31 December 2024

Greenside Landscapes Ltd

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Greenside Landscapes Ltd

Directors and other information


	Directors	Mr M Barden
		Mr C Dawkins


	Company number	05628987


	Registered office	Unit 45 Golds Nurseries Business Park
		Jenkins Drive
		Elsenham
		CM22 6JX


	Accountants	Hicks and Company
		Chartered Accountants
		Vaughan Chambers
		Vaughan Road
		Harpenden
		AL5 4EE

Greenside Landscapes Ltd

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Greenside Landscapes Ltd

Year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Greenside Landscapes Ltd for the year ended 31 December 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Greenside Landscapes Ltd, as a body, in accordance with the terms of our engagement letter dated 25 September 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Greenside Landscapes Ltd and state those matters that we have agreed to state to the board of directors of Greenside Landscapes Ltd as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Greenside Landscapes Ltd and its board of directors as a body for our work or for this report.

It is your duty to ensure that Greenside Landscapes Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Greenside Landscapes Ltd. You consider that Greenside Landscapes Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Greenside Landscapes Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hicks and Company

Chartered Accountants

Vaughan Chambers

Vaughan Road

Harpenden

AL5 4EE

10 September 2025

Greenside Landscapes Ltd

Statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Fixed assets
Intangible assets	5	-		-
Tangible assets	6	441,764		517,099
		_________		_________
			441,764		517,099

Current assets
Debtors	7	645,660		786,637
Cash at bank and in hand		162		166,632
		_________		_________
		645,822		953,269
Creditors: amounts falling due
within one year	8	( 710,976)		( 796,550)
		_________		_________
Net current (liabilities)/assets			( 65,154)		156,719
			_________		_________
Total assets less current liabilities			376,610		673,818

Creditors: amounts falling due
after more than one year	9		( 170,004)		( 302,003)

Provisions for liabilities			( 59,600)		( 78,600)

			_________		_________
Net assets			147,006		293,215
			_________		_________

Capital and reserves
Called up share capital			100		100
Profit and loss account			146,906		293,115
			_________		_________
Shareholders funds			147,006		293,215
			_________		_________

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

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

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 10 September 2025 , and are signed on behalf of the board by:

Mr M Barden

Director

Company registration number: 05628987

Greenside Landscapes Ltd

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 45 Golds Nurseries Business Park, Jenkins Drive, Elsenham, CM22 6JX.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and investment properties measured at fair value through profit or loss.The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. 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. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.Any tangible assets carried at revalued amounts is recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	15% reducing balance
Fittings fixtures and equipment	-	20% reducing balance
Motor vehicles	-	25% reducing balance
Computer equipment	-	33% reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised retrospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2023: 14 ).

5. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 January 2024 and 31 December 2024	96,000	96,000
	_________	_________
Amortisation
At 1 January 2024 and 31 December 2024	96,000	96,000
	_________	_________
Carrying amount
At 31 December 2024	-	-
	_________	_________
At 31 December 2023	-	-
	_________	_________

6. Tangible assets

	Freehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Computer equipment	Total
	£	£	£	£	£	£
Cost
At 1 January 2024	164,100	129,087	80,769	404,239	9,940	788,135
Additions	-	-	-	45,246	11,725	56,971
Disposals	-	( 66,860)	-	-	-	( 66,860)
	_________	_________	_________	_________	_________	_________
At 31 December 2024	164,100	62,227	80,769	449,485	21,665	778,246
	_________	_________	_________	_________	_________	_________
Depreciation
At 1 January 2024	-	51,121	33,177	178,402	8,336	271,036
Charge for the year	-	8,500	9,518	64,944	2,705	85,667
Disposals	-	( 20,221)	-	-	-	( 20,221)
	_________	_________	_________	_________	_________	_________
At 31 December 2024	-	39,400	42,695	243,346	11,041	336,482
	_________	_________	_________	_________	_________	_________
Carrying amount
At 31 December 2024	164,100	22,827	38,074	206,139	10,624	441,764
	_________	_________	_________	_________	_________	_________
At 31 December 2023	164,100	77,966	47,592	225,837	1,604	517,099
	_________	_________	_________	_________	_________	_________

7. Debtors

	2024	2023
	£	£

Trade debtors	572,823	635,039
Other debtors	72,837	151,598
	_________	_________
	645,660	786,637
	_________	_________

8. Creditors: amounts falling due within one year

	2024	2023
	£	£

Bank loans and overdrafts	156,141	26,200
Trade creditors	324,746	475,280
Corporation tax	9,071	33,811
Other creditors	221,018	261,259
	_________	_________
	710,976	796,550
	_________	_________

9. Creditors: amounts falling due after more than one year

	2024	2023
	£	£

Bank loans and overdrafts	7,718	37,283
Other creditors	162,286	264,720
	_________	_________
	170,004	302,003
	_________	_________

10. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£

	Mr M Barden	( 16)	( 17,016)	-	( 17,032)
	Mr C Dawkins	5,000	-	( 12,508)	( 7,508)
		_________	_________	_________	_________
		4,984	( 17,016)	( 12,508)	( 24,540)
		_________	_________	_________	_________

2023
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£

	Mr M Barden	( 7,433)	-	7,417	( 16)
	Mr C Dawkins	( 242)	-	5,242	5,000
		_________	_________	_________	_________
		( 7,675)	-	12,659	4,984
		_________	_________	_________	_________