REGISTERED NUMBER: 00735524 (England and Wales)

Greene & Heaton Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

A D Topping

Ms J K Murray

REGISTERED OFFICE:

T18, West Wing

Somerset House

Strand

London

WC2R 1LA

REGISTERED NUMBER:

00735524 (England and Wales)

ACCOUNTANTS:

DSJ Partners (UK) Limited

2nd Floor

1 Bell Street

London

NW1 5BY

FIXED ASSETS

Tangible assets

4

6,172

8,142

Investments

5

204,702

133,126

210,874

141,268

CURRENT ASSETS

Debtors

6

45,424

23,323

Cash at bank

246,905

240,044

292,329

263,367

CREDITORS

Amounts falling due within one year

7

(244,418

)

(164,555

)

NET CURRENT ASSETS

47,911

98,812

TOTAL ASSETS LESS CURRENT LIABILITIES

258,785

240,080

PROVISIONS FOR LIABILITIES

(6,709

)

(5,669

)

NET ASSETS

252,076

234,411

CAPITAL AND RESERVES

Called up share capital

5,340

5,340

Share premium

11,337

11,337

Fair value reserve

25,161

19,890

Retained earnings

210,238

197,844

SHAREHOLDERS' FUNDS

252,076

234,411

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2025 and were signed on its behalf by:

A D Topping - Director

1.	STATUTORY INFORMATION

Greene & Heaton Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the value of commissions earned by the company, net of value added tax.

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

-

25% on reducing balance

Computer equipment

-

33% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date.Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

7,050

9,790

16,840

Additions

96

-

96

At 31 December 2024

7,146

9,790

16,936

DEPRECIATION

At 1 January 2024

5,943

2,755

8,698

Charge for year

301

1,765

2,066

At 31 December 2024

6,244

4,520

10,764

NET BOOK VALUE

At 31 December 2024

902

5,270

6,172

At 31 December 2023

1,107

7,035

8,142

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2024

133,126

Additions

183,597

Disposals

(118,795

)

Revaluations

6,774

At 31 December 2024

204,702

NET BOOK VALUE

At 31 December 2024

204,702

At 31 December 2023

133,126

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Valuation in 2024

31,064

Cost

173,638

204,702

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

26,357

10,916

Other debtors

19,067

12,407

45,424

23,323

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Client's Ledger Balance

167,378

104,936

Corporation tax

6,238

4,262

Social security and other taxes

24,012

22,498

Other creditors

46,790

32,859

244,418

164,555