Little Green Refills Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13055672

Little Green Refills Limited

Filleted Unaudited Financial Statements

31 December 2024

Little Green Refills Limited

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	5	14,786	13,235

Current assets

Stocks		59,829	37,629
Debtors	6	1,339	8,532
Cash at bank and in hand		83,191	72,827
		---------	---------
		144,359	118,988

Creditors: amounts falling due within one year	7	45,454	51,470
		---------	---------
Net current assets		98,905	67,518
		---------	--------
Total assets less current liabilities		113,691	80,753
		---------	--------
Net assets		113,691	80,753
		---------	--------

Capital and reserves

Called up share capital	2	2
Profit and loss account	113,689	80,751
	---------	--------
Shareholders funds	113,691	80,753
	---------	--------

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.

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 .

Little Green Refills Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

Mrs B C Oram	Mrs E L Hinton
Director	Director

Company registration number: 13055672

Little Green Refills Limited

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 9 Market Street, Abergavenny, NP7 5SD.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership 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. Income tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, 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 subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 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:

	Fixtures and fittings	-	20% straight line

Impairment of fixed assets 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.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 18 (2023: 16 ).

5. Tangible assets

	Fixtures and fittings
	£
Cost
At 1 January 2024	23,880
Additions	6,956
	--------
At 31 December 2024	30,836
	--------
Depreciation
At 1 January 2024	10,645
Charge for the year	5,405
	--------
At 31 December 2024	16,050
	--------
Carrying amount
At 31 December 2024	14,786
	--------
At 31 December 2023	13,235
	--------

6. Debtors

	2024	2023
	£	£
Trade debtors	1,293	1,433
Other debtors	46	7,099
	-------	-------
	1,339	8,532
	-------	-------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	3,635	6,128
Corporation tax	12,704	8,238
Social security and other taxes	24,339	15,461
Pension	774	206
Other creditors	4,002	21,437
	--------	--------
	45,454	51,470
	--------	--------

8. 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	Balance outstanding
	£	£	£
Mrs B C Oram	( 887)	( 732)	( 1,619)
Mrs E L Hinton	( 313)	( 420)	( 733)
	-------	-------	-------
	( 1,200)	( 1,152)	( 2,352)
	-------	-------	-------

	2023
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mrs B C Oram	( 20,143)	10,103	(10,040)
Mrs E L Hinton	( 20,142)	10,330	(9,812)
	--------	--------	--------
	( 40,285)	20,433	(19,852)
	--------	--------	--------

9. Related party transactions

The company was under the control of Mrs B C Oram and Mrs E L Hinton for the year ended 31 December 2024. As at 31 December 2024 the company owed Mrs B C Oram £1619 (2023: £10,040) and Mrs E L Hinton £733 (2023: £9,812).