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Green Nexus Digital Ltd
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Notes to the financial statements
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for the period ended 30 June 2025
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1
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Company information
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Green Nexus Digital Ltd is a private company registered in England and Wales. Its registered number is
15803188. The company is limited by shares. Its registered office is Suite 6, Brittania House,
Middlesbrough, Cleveland, TS2 1PS.
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2
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Accounting policies
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Basis of preparing the financial statements
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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 historic cost convention.
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Presentation currency
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The company's financial statements are presented in sterling.
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Going concern
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In preparing these financial statements, the director has assessed whether there are any material
uncertainties related to events or conditions that cast significant doubt upon the company's ability to
continue as a going concern. In making this assessment, the director takes into account all available
information about the future which is at least 12 months from the date that the financial statements are
authorised for issue.
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The director considers that the company has adequate resources to continue in business for the
foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial
statements.
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Turnover
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Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, Value Added Tax and other sales taxes.
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Tangible fixed assets
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Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
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Plant and machinery etc.:
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Plant & Machinery
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-
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25% reducing balance
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Financial instruments
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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.
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3
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