Green Grass Essex Limited


Director	Mr F G Donaldson


Registered Address	10 Western Road
	Romford
	RM1 3JT


Registered Number	10168481 (England and Wales)

Balance Sheet as at
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		29,166		47,323
			29,166		47,323
Current assets
Stocks	5	6,405		14,547
Debtors	6	13,184		22,824
Cash at bank and on hand		131,711		100,659
		151,300		138,030
Creditors amounts falling due within one year	7	(78,652)		(114,540)
Net current assets (liabilities)			72,648		23,490
Total assets less current liabilities			101,814		70,813
Creditors amounts falling due after one year	8		(8,392)		(13,433)
Provisions for liabilities	9		(7,292)		-
Net assets			86,130		57,380
Capital and reserves
Called up share capital			100		100
Profit and loss account			86,030		57,280
Shareholders' funds			86,130		57,380

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 6 October 2025, and are signed on its behalf by:

Mr F G Donaldson
Director
Registered Company No. 10168481

Green Grass Essex Limited

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	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
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Vehicles	25
	Office Equipment	33

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Deferred tax
	Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.

4.	Tangible fixed assets

	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 June 24	106,689	18,303	5,274	130,266
Disposals	(15,856)	(4,146)	(200)	(20,202)
At 31 May 25	90,833	14,157	5,074	110,064
Depreciation and impairment
At 01 June 24	68,463	10,668	3,812	82,943
Charge for year	7,884	1,518	474	9,876
On disposals	(9,167)	(2,581)	(173)	(11,921)
At 31 May 25	67,180	9,605	4,113	80,898
Net book value
At 31 May 25	23,653	4,552	961	29,166
At 31 May 24	38,226	7,635	1,462	47,323

5.	Stocks

	2025	2024
	£	£
Finished goods	6,405	14,547
Total	6,405	14,547

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	10,789	18,875
Other debtors	-	28
Prepayments and accrued income	2,395	3,921
Total	13,184	22,824

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	30,185	47,803
Bank borrowings and overdrafts	10,648	10,648
Taxation and social security	25,434	27,237
Accrued liabilities and deferred income	12,385	28,852
Total	78,652	114,540


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	8,392	13,433
Total	8,392	13,433

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	7,292	-
Total	7,292	-

10.	Directors advances, credits and guarantees
	At the year end company owed the director £1,196 (2024 - £Nil) by way of their director's current account.