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Registration number: 12193306

Greenacre Group Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 30 November 2023

Greenacre Group Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Greenacre Group Ltd

Company Information

Directors | Mr Dean Michael Whitman Mrs Dannielle Louise Whitman

Registered office | 3 The Old Wharf Lords Lane Chippenham SN15 3GD

Accountants | RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

Greenacre Group Ltd

(Registration number: 12193306)
Balance Sheet as at 30 November 2023

| Note | 2023 £ | 2022 £
Fixed assets |  |  |
Tangible assets | 5 | 2,692 | 4,592
Investments | 6 | 5 | 5
|  | 2,697 | 4,597
Current assets |  |  |
Debtors | 7 | 57,729 | 30,402
Cash at bank and in hand |  | - | 9,024
|  | 57,729 | 39,426
Creditors: Amounts falling due within one year | 8 | (61,080) | (36,427)
Net current (liabilities)/assets |  | (3,351) | 2,999
Total assets less current liabilities |  | (654) | 7,596
Creditors: Amounts falling due after more than one year | 8 | (23,117) | (23,117)
Net liabilities |  | (23,771) | (15,521)
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Retained earnings |  | (23,773) | (15,523)
Shareholders' deficit |  | (23,771) | (15,521)

For the financial year ending 30 November 2023 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 7 October 2025 and signed on its behalf by:

Greenacre Group Ltd

(Registration number: 12193306)
Balance Sheet as at 30 November 2023 (continued)

......................................... Mr Dean Michael Whitman Director
......................................... Mrs Dannielle Louise Whitman Director

Greenacre Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3 The Old Wharf
Lords Lane
Chippenham
SN15 3GD

These financial statements were authorised for issue by the Board on 7 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor Vehicles | 20% Straightline

Greenacre Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023 (continued)

2 | Accounting policies (continued)

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

Greenacre Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023 (continued)

4 | Loss before tax

Arrived at after charging/(crediting)

| 2023 £ | 2022 £
Depreciation expense | 1,900 | 1,900

Greenacre Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023 (continued)

5 | Tangible assets

| Motor vehicles £ | Total £
Cost or valuation
At 1 December 2022 | 9,500 | 9,500
At 30 November 2023 | 9,500 | 9,500
Depreciation
At 1 December 2022 | 4,908 | 4,908
Charge for the year | 1,900 | 1,900
At 30 November 2023 | 6,808 | 6,808
Carrying amount
At 30 November 2023 | 2,692 | 2,692
At 30 November 2022 | 4,592 | 4,592

6 | Investments

| 2023 £ | 2022 £
Investments in subsidiaries | 5 | 5

Subsidiaries | £
Cost or valuation
At 1 December 2022 | 5
Provision
Carrying amount
At 30 November 2023 | 5
At 30 November 2022 | 5

Greenacre Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023 (continued)

6 | Investments (continued)

7 | Debtors

Current | 2023 £ | 2022 £
Trade debtors | 3,618 | 3,823
Other debtors | 54,111 | 26,579
| 57,729 | 30,402

Greenacre Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023 (continued)

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2023 £ | 2022 £
Due within one year |  |  |
Loans and borrowings | 9 | 2,235 | 3,750
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 42,584 | 25,152
Taxation and social security |  | 14,294 | 6,552
Accruals and deferred income |  | 1,967 | 973
|  | 61,080 | 36,427

Creditors: amounts falling due after more than one year

| Note | 2023 £ | 2022 £
Due after one year |  |  |
Loans and borrowings | 9 | 23,117 | 23,117

9 | Loans and borrowings

Non-current loans and borrowings

| 2023 £ | 2022 £
Bank borrowings | 23,117 | 23,117

Current loans and borrowings

| 2023 £ | 2022 £
Bank borrowings | 2,228 | 3,750
Bank overdrafts | 7 | -
| 2,235 | 3,750