Company registration number 07083977 (England and Wales)
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
Richard Anthony
Chartered Accountants and Registered Auditors
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
COMPANY INFORMATION
Directors
S Trew
N Trew
D Sadler
A Chauhan
P Furlong
G Travers
(Appointed 17 July 2025)
C Waters
(Appointed 17 July 2025)
S Pinto
(Appointed 17 July 2025)
Company number
07083977
Registered office
Ground Floor Cooper House
316 Regents Park Road
London
United Kingdom
N3 2JX
Auditor
Richard Anthony
Ground Floor Cooper House
316 Regents Park Road
London
United Kingdom
N3 2JX
Business address
Unit 66 Spaces Business Centre
15-17 Ingate Place
London
SW8 3NS
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
CONTENTS
Page
Strategic report
1 - 2
Directors' report
3 - 4
Directors' responsibilities statement
5
Independent auditor's report
6 - 8
Profit and loss account
9
Statement of comprehensive income
10
Balance sheet
11
Statement of changes in equity
12
Statement of cash flows
13
Notes to the financial statements
14 - 27
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 1 -

The directors present the strategic report for the year ended 30 November 2024.

Review of the business

2024 marked a year of disciplined growth and meaningful progress for GreenZone Cleaning and Support Services Ltd. Turnover rose to £34.2m (18.7% growth), reflecting both the strength of our client relationships and the trust placed in our differentiated, sustainability-led service. Operating profit increased to £7 01 k; net assets strengthened by £5 13 k to £3.1m.

Alongside these results, we are proud of the way in which they were achieved. Our renewal of the Royal Warrant by Appointment to HM The King is a prestigious endorsement of our exceptional standards and values. Our EcoVadis Silver rating places GreenZone in the top 6% of more than 150,000 companies worldwide, and demonstrates our commitment to a sustainable future. For our people, 2024 was a year of investment and recognition: over 30 colleagues received English lessons, while our annual staff survey recorded record engagement, with 87%+ recommending GreenZone as a good employer.

In short, 2024 was a year where financial resilience met purpose: proving that a values-led approach not only strengthens our market position, but also delivers tangible benefits for our people, our clients, and our planet

Principal risks and uncertainties

The Board continued to monitor risks closely throughout 2024, maintaining a disciplined cadence of management meetings to identify and mitigate potential challenges. Labour availability and wage inflation remain key pressures, alongside the ongoing cost-of-living crisis and geopolitical uncertainty which can impact supply chains and fuel costs.

We have responded with proactive client engagement and transparent pricing reviews, ensuring margin protection while remaining a trusted partner. Our support for the Living Wage and investment in workforce development continue to position GreenZone as an employer of choice. We have also strengthened our resilience by investing in digital systems, data protection, and supplier partnerships.

Development and performance

Operationally, 2024 saw further enhancement of our ESG and implementation teams, enabling us to deliver consistent service excellence while embedding sustainability at every stage. We accelerated fleet decarbonisation, with 88% of our London vehicles now fully electric, and rolled out enzyme and bacteria-based cleaning solutions across contracts, reducing chemical usage and improving efficiency.

Financially, the business maintained strong discipline. Cash closed the year at £2.35m, trade debtors at £6.1 m, and net assets at £3.1m – an increase of £5 13 k. This robust balance sheet provides a foundation for continued investment in people, technology and sustainable operations.

We also deepened our contribution to communities and the environment. We delivered £4.8m in social value from head office activity and £800k from site-based initiatives. Our teams gave 240 hours of volunteering to organisations including LandAid, Thames21 and The Single Homeless Project. Through Trees for Cities, we sponsored 143 trees in 2024, bringing our total contribution to in excess of 2,500 trees over 13 years.

Key performance indicators

The financial statements for 2024 reflect a healthy, well-managed business. Turnover grew by 18.7% to £34.2m, with gross margin stable at 26.8%. Operating profit reached £798k. Net assets increased by £594k to £3.17m. Year-end cash balances of £2.35m underline strong cash generation supported by disciplined credit control.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 2 -
Other performance indicators

We continue to measure success beyond financial results, guided by our values of People, Excellence, Sustainability and Innovation. In 2024 we achieved an EcoVadis Silver rating, placing us in the top 6% of companies globally. We renewed our Royal Warrant by Appointment to HM The King. Our Social Value Portal accreditation recognised £4.8m of social and local economic value created. We maintained a staff retention rate of 98% and achieved a 96.2% quality audit score.

Our ongoing commitments include supporting the Living Wage movement, offsetting 100% of our Scope 1 and 2 carbon footprint through Gold Standard projects, and pioneering removals partnerships with Climeworks and CarbonCure. We remain proud Investors in People Gold and members of Social Enterprise UK, reflecting our dedication to being an employer of choice and a leader in sustainable service delivery.

On behalf of the board

D Sadler
Director
9 October 2025
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 3 -

The directors present their annual report and financial statements for the year ended 30 November 2024.

Principal activities

The principal activity of the company was that of facilities management.

Results and dividends

The results for the year are set out on page 9.

No ordinary dividends were paid. The directors do not recommend payment of a final dividend.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

S Trew
N Trew
D Sadler
A Chauhan
P Furlong
G Travers
(Appointed 17 July 2025)
C Waters
(Appointed 17 July 2025)
S Pinto
(Appointed 17 July 2025)
Disabled persons

Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the company continues and that the appropriate training is arranged. It is the policy of the company that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees.

Employee involvement

The company's policy is to consult and discuss with employees, through unions, staff councils and at meetings, matters likely to affect employees' interests.

Information about matters of concern to employees is given through information bulletins and reports which seek to achieve a common awareness on the part of all employees of the financial and economic factors affecting the company's performance.

There is no employee share scheme at present, but the directors are considering the introduction of such a scheme as a means of further encouraging the involvement of employees in the company's performance.

Auditor

In accordance with the company's articles, a resolution proposing that Richard Anthony be reappointed as auditor of the company will be put at a General Meeting.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 4 -
Medium-sized companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the medium-sized companies exemption.

On behalf of the board
D Sadler
A Chauhan
Director
Director
9 October 2025
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 5 -

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF GREENZONE CLEANING & SUPPORT SERVICES LIMITED
- 6 -
Opinion

We have audited the financial statements of Greenzone Cleaning & Support Services Limited (the 'company') for the year ended 30 November 2024 which comprise the profit and loss account, the statement of comprehensive income, the balance sheet, the statement of changes in equity, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 30 November 2024 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- the information given in the strategic report and the directors' r eport for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF GREENZONE CLEANING & SUPPORT SERVICES LIMITED (CONTINUED)
- 7 -
Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identifie d material misstatements in the strategic report or the directors' r eport.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- the financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' r esponsibilities s tatement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

The company is subject to laws and regulations that directly affect the financial statements including financial reporting legislation. We determined that the following laws and regulations were most significant:

- The Companies Act 2006

- Financial Reporting Standard 102

- UK tax legislation

- UK employment legislation

- UK health and safety legislation

- General Data Protection Regulations

We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items.

We understood how the company is complying with those legal and regulatory frameworks by making inquiries of management and those responsible for legal and compliance procedures.

The engagement partner assessed whether the engagement team collectively had the appropriate competence and capabilities to identify or recognise non-compliance with these laws and regulations. The assessment did not identify any issues in this area.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF GREENZONE CLEANING & SUPPORT SERVICES LIMITED (CONTINUED)
- 8 -

We assessed the susceptibility of the entity's financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:

- Identifying and assessing the measures management has in place to prevent and detect fraud,

- Understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process,

- Challenging assumptions and judgements made by management in its significant estimates, and

- Identifying and testing journal entries, in particular any journal entries posted with unusual account combinations.

As a result of the above procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential existed within the recording and recognition of revenue and wages and salaries.

Our procedures in this respect were focused on the origination of revenue and directed towards ensuring the accuracy and completeness of the same by undertaking testing on a sample basis of the revenue items to ensure that sales had been recorded correctly and in the appropriate accounting period. We consider that the work we undertook in this regard was considered capable of detecting irregularities and fraud within the sales cycle.

We designed specific procedures with respect to wages and salaries, including verifying employee existence to address the risk of fraud. Further, reconciling payroll records with bank payments, and assessing statutory compliance with PAYE and National Insurance contributions. Based on our procedures, we consider that procedures were capable of detecting irregularities and fraud within the wages and salaries.

Due to the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulations. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. Therefore, if a breach of operational regulations is not disclosed to us or evident from relevant correspondence, an audit will not detect that breach. The risk is also greater regarding irregularities occurring to fraud other than error, as fraud involves intentional concealment, forgery, collusion, omission, or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Michael Barnett BA FCA (Senior Statutory Auditor)
For and on behalf of Richard Anthony, Statutory Auditor
Chartered Accountants
Ground Floor Cooper House
316 Regents Park Road
United Kingdom
N3 2JX
9 October 2025
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 9 -
2024
2023
Notes
£
£
Turnover
3
34,216,893
28,827,986
Cost of sales
(25,622,912)
(21,449,636)
Gross profit
8,593,981
7,378,350
Administrative expenses
(7,893,162)
(6,696,553)
Operating profit
4
700,819
681,797
Interest receivable and similar income
7
52,702
20,860
Interest payable and similar expenses
8
(218)
(6,126)
Profit before taxation
753,303
696,531
Tax on profit
9
(240,705)
(178,731)
Profit for the financial year
512,598
517,800

The profit and loss account has been prepared on the basis that all operations are continuing operations.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 10 -
2024
2023
£
£
Profit for the year
512,598
517,800
Other comprehensive income
-
-
Total comprehensive income for the year
512,598
517,800
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2024
30 November 2024
- 11 -
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
10
213,458
182,282
Tangible assets
11
801,442
679,794
1,014,900
862,076
Current assets
Debtors
12
6,099,014
7,086,519
Cash at bank and in hand
2,354,640
2,914,688
8,453,654
10,001,207
Creditors: amounts falling due within one year
13
(6,116,852)
(8,160,697)
Net current assets
2,336,802
1,840,510
Total assets less current liabilities
3,351,702
2,702,586
Creditors: amounts falling due after more than one year
14
(27,463)
(46,747)
Provisions for liabilities
Provisions
16
138,462
-
0
Deferred tax liability
17
89,287
71,947
(227,749)
(71,947)
Net assets
3,096,490
2,583,892
Capital and reserves
Called up share capital
19
100
100
Profit and loss reserves
3,096,390
2,583,792
Total equity
3,096,490
2,583,892

These financial statements have been prepared in accordance with the provisions relating to medium-sized companies.

The financial statements were approved by the board of directors and authorised for issue on 9 October 2025 and are signed on its behalf by:
D Sadler
Director
Company registration number 07083977 (England and Wales)
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 12 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 December 2022
100
2,065,992
2,066,092
Year ended 30 November 2023:
Profit and total comprehensive income
-
517,800
517,800
Balance at 30 November 2023
100
2,583,792
2,583,892
Year ended 30 November 2024:
Profit and total comprehensive income
-
512,598
512,598
Balance at 30 November 2024
100
3,096,390
3,096,490
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 13 -
2024
2023
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from operations
23
169,431
2,168,830
Interest paid
(5,756)
(6,126)
Income taxes paid
(125,519)
(111,756)
Net cash inflow from operating activities
38,156
2,050,948
Investing activities
Purchase of intangible assets
(158,210)
(126,000)
Purchase of tangible fixed assets
(478,677)
(507,922)
Proceeds from disposal of tangible fixed assets
-
0
6,431
Interest received
52,702
20,860
Net cash used in investing activities
(584,185)
(606,631)
Financing activities
Payment of finance leases obligations
(19,557)
66,303
Non-operating income treated as financing activity
5,538
-
0
Net cash (used in)/generated from financing activities
(14,019)
66,303
Net (decrease)/increase in cash and cash equivalents
(560,048)
1,510,620
Cash and cash equivalents at beginning of year
2,914,688
1,404,068
Cash and cash equivalents at end of year
2,354,640
2,914,688
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 14 -
1
Accounting policies
Company information

Greenzone Cleaning & Support Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Ground Floor Cooper House, 316 Regents Park Road, London, United Kingdom, N3 2JX.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.4
Intangible fixed assets other than goodwill
Software and website
Over 3 years

1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
Over the term of the lease
Plant and machinery
25%-33.33% on straight line
Fixtures, fittings & equipment
25%-33.33% on straight line
Motor vehicles
Over 4 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
1
Accounting policies
(Continued)
- 15 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
1
Accounting policies
(Continued)
- 16 -
Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Other financial liabilities

Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are s ubsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

Debt instruments that do not meet the conditions in FRS 102 paragraph 11.9 are subsequently measured at fair value through profit or loss. Debt instruments may be designated as being measured at fair value th r ough profit or loss to eliminate or reduce an accounting mismatch or if the instruments are measured and their performance evaluated on a fair value basis in accordance with a documented risk management or investment strategy.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
1
Accounting policies
(Continued)
- 17 -
Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Derivatives

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to fair value at each reporting end date. The resulting gain or loss is recognised in profit or loss immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in profit or loss depends on the nature of the hedge relationship.

A derivative with a positive fair value is recognised as a financial asset, whereas a derivative with a negative fair value is recognised as a financial liability.

1.11
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.12
Provisions

Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision i s measured at present value, the unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
1
Accounting policies
(Continued)
- 18 -
1.13
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.14
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.15
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.16
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 19 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Critical judgements

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

Provision for dilapidations

A provision for dilapidations has been recognised in accordance with the requirements of FRS 102 Section 21,

which requires a provision to be made when:

· The company has a present legal or constructive obligation as a result of a past event;

· It is probable that an outflow of economic benefits will be required to settle the obligation; and

· A reliable estimate can be made of the amount of the obligation.

The provision represents management’s best estimate of the costs expected to be incurred to restore leased properties to their original condition at the end of the lease term, where such an obligation exists. The estimate is based on current knowledge and historical experience. Carrying value of provision for the dilapidations at the year end was £138,462

3
Turnover and other revenue

An analysis of the company's turnover is as follows:

2024
2023
£
£
Turnover analysed by class of business
Cleaning services
34,216,893
28,827,986
2024
2023
£
£
Turnover analysed by geographical market
UK
34,216,893
28,827,986
2024
2023
£
£
Other revenue
Interest income
52,702
20,860
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 20 -
4
Operating profit
2024
2023
Operating profit for the year is stated after charging:
£
£
Fees payable to the company's auditor for the audit of the company's financial statements
40,119
33,640
Depreciation of tangible fixed assets
357,029
269,608
Amortisation of intangible assets
127,034
96,311
Operating lease charges
258,019
203,504
5
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Administrative and operations staff
1,253
1,131

Their aggregate remuneration comprised:

2024
2023
£
£
Wages and salaries
23,869,328
20,041,698
Social security costs
1,726,926
1,353,119
Pension costs
578,683
477,982
26,174,937
21,872,799
6
Directors' remuneration
2024
2023
£
£
Remuneration for qualifying services
637,567
525,475
Company pension contributions to defined contribution schemes
31,435
41,846
669,002
567,321
Remuneration disclosed above include the following amounts paid to the highest paid director:
2024
2023
£
£
Remuneration for qualifying services
196,667
120,000
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 21 -
7
Interest receivable and similar income
2024
2023
£
£
Interest income
Interest on bank deposits
52,702
20,860
2024
2023
Investment income includes the following:
£
£
Interest on financial assets not measured at fair value through profit or loss
52,702
20,860
8
Interest payable and similar expenses
2024
2023
£
£
Other finance costs:
Interest on finance leases and hire purchase contracts
5,756
6,126
Unwinding of discount on provisions
(5,538)
-
218
6,126
9
Taxation
2024
2023
£
£
Current tax
UK corporation tax on profits for the current period
223,365
125,519
Deferred tax
Origination and reversal of timing differences
17,340
53,212
Total tax charge
240,705
178,731
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
9
Taxation
(Continued)
- 22 -

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2024
2023
£
£
Profit before taxation
753,303
696,531
Expected tax charge based on the standard rate of corporation tax in the UK of 25.00% (2023: 25.00%)
188,326
174,133
Tax effect of expenses that are not deductible in determining taxable profit
9,283
10,119
Effect of change in corporation tax rate
-
0
(10,850)
Group relief
(1,250)
-
0
Permanent capital allowances in excess of depreciation
27,006
(48,866)
Other
-
0
983
Deferred tax movement
17,340
53,212
Taxation charge for the year
240,705
178,731
10
Intangible fixed assets
Software and website
£
Cost
At 1 December 2023
435,672
Additions
158,210
At 30 November 2024
593,882
Amortisation and impairment
At 1 December 2023
253,390
Amortisation charged for the year
127,034
At 30 November 2024
380,424
Carrying amount
At 30 November 2024
213,458
At 30 November 2023
182,282
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 23 -
11
Tangible fixed assets
Leasehold improvements
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 December 2023
-
0
745,238
736,533
620,500
2,102,271
Additions
144,000
110,848
37,326
186,503
478,677
Disposals
-
0
-
0
-
0
(10,977)
(10,977)
At 30 November 2024
144,000
856,086
773,859
796,026
2,569,971
Depreciation and impairment
At 1 December 2023
-
0
462,425
619,625
340,427
1,422,477
Depreciation charged in the year
48,000
159,467
50,322
99,240
357,029
Eliminated in respect of disposals
-
0
-
0
-
0
(10,977)
(10,977)
At 30 November 2024
48,000
621,892
669,947
428,690
1,768,529
Carrying amount
At 30 November 2024
96,000
234,194
103,912
367,336
801,442
At 30 November 2023
-
0
282,813
116,908
280,073
679,794

Tangible fixed assets includes assets held under finance leases or hire purchase contracts, as follows:

2024
2023
£
£
Motor vehicles
58,046
71,509
12
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
5,692,192
6,776,484
Other debtors
134,414
101,473
Prepayments and accrued income
272,408
208,562
6,099,014
7,086,519
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 24 -
13
Creditors: amounts falling due within one year
2024
2023
Notes
£
£
Obligations under finance leases
15
19,283
19,556
Trade creditors
763,474
712,065
Corporation tax
223,365
125,519
Other taxation and social security
1,536,435
3,430,796
Other creditors
2,052,979
1,564,997
Accruals and deferred income
1,521,316
2,307,764
6,116,852
8,160,697
14
Creditors: amounts falling due after more than one year
2024
2023
Notes
£
£
Obligations under finance leases
15
27,463
46,747

There are two outstanding registered charges on the company. One is held by RBS Invoice Finance Limited

(25 April 2025) and the second is held by Santander UK Plc (10 September 2015). Both charges include

the following:

· Fixed charge

· Floating charge over all the the property and undertakings of the company.

· Negative Pledge

· All freehold and leasehold property owned by the company at the charge creation date together with all buildings, structures, fixtures and fittings (including trade and tenant’s fixtures) now thereon or thereon after the charge creation date.. All future freehold and leasehold property of the company together with all buildings, structures, fixtures and fittings (including trade and tenant’s fixtures) now thereon or thereon after the charge creation date.. All present and future patents, patent applications, trade marks and service marks (whether registered or not), design rights (whether registered or not), copyrights and all other intellectual property rights whatsoever and all rights relating thereto (including, without limitation, by way of license) legally or beneficially owned by the company.

15
Finance lease obligations
2024
2023
Future minimum lease payments due under finance leases:
£
£
Within one year
19,283
19,556
In two to five years
27,463
46,747
46,746
66,303

Finance lease payments represent rentals payable by the company for vehicles. Leases include purchase options at the end of the lease period with nominal consideration payable along with last rental payment. All leases are on a fixed repayment basis and no arrangements have been entered into for contingent rental payments.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 25 -
16
Provisions for liabilities
2024
2023
£
£
Provision for dilapidations
138,462
-
Movements on provisions:
Provision for dilapidations
£
Additional provisions in the year
138,462
17
Deferred taxation

Deferred tax assets and liabilities are offset where the company has a legally enforceable right to do so. The following is the analysis of the deferred tax balances (after offset) for financial reporting purposes:

Liabilities
Liabilities
2024
2023
Balances:
£
£
Accelerated capital allowances
89,287
71,947
2024
Movements in the year:
£
Liability at 1 December 2023
71,947
Charge to profit or loss
17,340
Liability at 30 November 2024
89,287
18
Retirement benefit schemes
2024
2023
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
578,683
477,982

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

19
Share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 10p each
1,000
1,000
100
100
GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 26 -
20
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2024
2023
£
£
Within 1 year
263,582
244,054
Years 2-5
284,668
548,250
548,250
792,304
21
Events after the reporting date

Subsequent to the reporting date, the parent company (Greenzone Group of Companies Limited) underwent a corporate restructuring. As part of this restructuring, the entire shareholding of the parent company was transferred to an employee ownership trust (Greenzone Trustees Limited) resulting in change of control post year end. The trust is ultimately controlled by the employees of the group. No adjustments have been made to the financial statements in respect of this event.

22
Ultimate controlling party

The company is a wholly owned subsidiary of Greenzone Group of Companies Limited, which is registered in England and Wales, with business address at Unit 66 Spaces Business Centre, 15-17 Ingate Place, London SW8 3NS.

The ultimate controlling party was Mr S Trew, by virtue of his 8 3% sharehol d ing in the parent company, Greenzone Group of Companies Limited. However, as mentioned in note 20, the entire shareholding of the parent company was transferred to an employee ownership trust (Greenzone Trustees Limited) resulting in change of control post year end.

GREENZONE CLEANING & SUPPORT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 27 -
23
Cash generated from operations
2024
2023
£
£
Profit after taxation
512,598
517,800
Adjustments for:
Taxation charged
240,705
178,731
Finance costs
218
6,126
Investment income
(52,702)
(20,860)
Non-operating income treated as financing activity
(5,538)
-
0
Amortisation and impairment of intangible assets
127,034
96,311
Depreciation and impairment of tangible fixed assets
357,029
269,608
Increase in provisions
144,000
-
Movements in working capital:
Decrease/(increase) in debtors
987,505
(2,624,778)
(Decrease)/increase in creditors
(2,141,418)
3,745,892
Cash generated from operations
169,431
2,168,830
24
Analysis of changes in net funds
1 December 2023
Cash flows
30 November 2024
£
£
£
Cash at bank and in hand
2,914,688
(560,048)
2,354,640
Lease liabilities
(66,303)
19,557
(46,746)
2,848,385
(540,491)
2,307,894
2024-11-30 2023-12-01 false false false CCH Software CCH Accounts Production 2025.300 S Trew N Trew D Sadler A Chauhan P Furlong G Travers C Waters S Pinto 07083977 2023-12-01 2024-11-30 07083977 bus:Director1 2023-12-01 2024-11-30 07083977 bus:Director2 2023-12-01 2024-11-30 07083977 bus:Director3 2023-12-01 2024-11-30 07083977 bus:Director4 2023-12-01 2024-11-30 07083977 bus:Director5 2023-12-01 2024-11-30 07083977 bus:Director6 2023-12-01 2024-11-30 07083977 bus:Director7 2023-12-01 2024-11-30 07083977 bus:Director8 2023-12-01 2024-11-30 07083977 bus:RegisteredOffice 2023-12-01 2024-11-30 07083977 2024-11-30 07083977 2022-12-01 2023-11-30 07083977 core:RetainedEarningsAccumulatedLosses 2022-12-01 2023-11-30 07083977 core:RetainedEarningsAccumulatedLosses 2023-12-01 2024-11-30 07083977 core:IntangibleAssetsOtherThanGoodwill 2024-11-30 07083977 core:IntangibleAssetsOtherThanGoodwill 2023-11-30 07083977 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-11-30 07083977 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-11-30 07083977 2023-11-30 07083977 core:LeaseholdImprovements 2024-11-30 07083977 core:PlantMachinery 2024-11-30 07083977 core:FurnitureFittings 2024-11-30 07083977 core:MotorVehicles 2024-11-30 07083977 core:LeaseholdImprovements 2023-11-30 07083977 core:PlantMachinery 2023-11-30 07083977 core:FurnitureFittings 2023-11-30 07083977 core:MotorVehicles 2023-11-30 07083977 core:WithinOneYear 2024-11-30 07083977 core:WithinOneYear 2023-11-30 07083977 core:AfterOneYear 2024-11-30 07083977 core:AfterOneYear 2023-11-30 07083977 core:CurrentFinancialInstruments 2024-11-30 07083977 core:CurrentFinancialInstruments 2023-11-30 07083977 core:ShareCapital 2024-11-30 07083977 core:ShareCapital 2023-11-30 07083977 core:RetainedEarningsAccumulatedLosses 2024-11-30 07083977 core:RetainedEarningsAccumulatedLosses 2023-11-30 07083977 core:ShareCapital 2022-11-30 07083977 core:RetainedEarningsAccumulatedLosses 2022-11-30 07083977 core:ShareCapitalOrdinaryShareClass1 2024-11-30 07083977 core:ShareCapitalOrdinaryShareClass1 2023-11-30 07083977 1 2023-12-01 2024-11-30 07083977 1 2022-12-01 2023-11-30 07083977 2 2023-12-01 2024-11-30 07083977 2 2022-12-01 2023-11-30 07083977 2023-11-30 07083977 2022-11-30 07083977 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 07083977 core:LeaseholdImprovements 2023-12-01 2024-11-30 07083977 core:PlantMachinery 2023-12-01 2024-11-30 07083977 core:FurnitureFittings 2023-12-01 2024-11-30 07083977 core:MotorVehicles 2023-12-01 2024-11-30 07083977 core:UKTax 2023-12-01 2024-11-30 07083977 core:UKTax 2022-12-01 2023-11-30 07083977 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-11-30 07083977 core:DevelopmentCostsCapitalisedDevelopmentExpenditure core:ExternallyAcquiredIntangibleAssets 2023-12-01 2024-11-30 07083977 core:LeaseholdImprovements 2023-11-30 07083977 core:PlantMachinery 2023-11-30 07083977 core:FurnitureFittings 2023-11-30 07083977 core:MotorVehicles 2023-11-30 07083977 core:Non-currentFinancialInstruments 2024-11-30 07083977 core:Non-currentFinancialInstruments 2023-11-30 07083977 core:BetweenTwoFiveYears 2024-11-30 07083977 core:BetweenTwoFiveYears 2023-11-30 07083977 bus:OrdinaryShareClass1 2023-12-01 2024-11-30 07083977 bus:OrdinaryShareClass1 2024-11-30 07083977 bus:OrdinaryShareClass1 2023-11-30 07083977 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07083977 bus:FRS102 2023-12-01 2024-11-30 07083977 bus:Audited 2023-12-01 2024-11-30 07083977 bus:FullAccounts 2023-12-01 2024-11-30 xbrli:pure xbrli:shares iso4217:GBP