Green Custard Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06941673 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

GREEN CUSTARD LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J E V Custance

J N Green

REGISTERED OFFICE:

St John's Innovation Centre

St John's Innovation Park

Cowley Road

Cambridge

Cambridgeshire

CB4 0WS

REGISTERED NUMBER:

06941673 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Intangible assets

5

2,124

2,832

Tangible assets

6

20,860

25,301

Investments

7

51

23,035

28,184

CURRENT ASSETS

Debtors

8

398,811

296,620

Cash and cash equivalents

66,201

85,518

465,012

382,138

CREDITORS

Amounts falling due within one year

9

(217,863

)

(145,156

)

NET CURRENT ASSETS

247,149

236,982

TOTAL ASSETS LESS CURRENT LIABILITIES

270,184

265,166

CREDITORS

Amounts falling due after more than one year

10

(27,245

)

(36,444

)

PROVISIONS FOR LIABILITIES

12

(5,275

)

(6,772

)

NET ASSETS

237,664

221,950

CAPITAL AND RESERVES

Called up share capital

13

5,834

Capital redemption reserve

1,439

Retained earnings

230,391

214,677

SHAREHOLDERS' FUNDS

237,664

221,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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.

These financial statements have been prepared in accordance and delivered in accordance with the special provisions applicable to small companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2025 and were signed on its behalf by:

J N Green - Director

1.	STATUTORY INFORMATION

Green Custard Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	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.

Turnover

Turnover represents net invoiced sales of technology consultancy and software development services, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development costs are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets

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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

25% on reducing balance

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 15 ) .

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2024

and 30 June 2025

11,696

AMORTISATION

At 1 July 2024

8,864

Charge for year

708

At 30 June 2025

9,572

NET BOOK VALUE

At 30 June 2025

2,124

At 30 June 2024

2,832

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 July 2024

13,992

103,980

73,295

191,267

Additions

-

2,512

At 30 June 2025

13,992

103,980

75,807

193,779

DEPRECIATION

At 1 July 2024

11,724

103,980

50,262

165,966

Charge for year

567

-

6,386

6,953

At 30 June 2025

12,291

103,980

56,648

172,919

NET BOOK VALUE

At 30 June 2025

1,701

-

19,159

20,860

At 30 June 2024

2,268

-

23,033

25,301

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 July 2024

and 30 June 2025

103,980

DEPRECIATION

At 1 July 2024

and 30 June 2025

103,980

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

7.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2024

and 30 June 2025

51

NET BOOK VALUE

At 30 June 2025

51

At 30 June 2024

51

8.

DEBTORS

2025

2024

£

Amounts falling due within one year:

Trade debtors

393,362

281,801

Other debtors

3,999

13,369

397,361

295,170

Amounts falling due after more than one year:

Amounts owed by joint ventures

1,450

Aggregate amounts

398,811

296,620

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts (see note 11)

10,065

10,119

Trade creditors

36,548

14,818

Taxation and social security

168,572

104,115

Other creditors

2,678

16,104

217,863

145,156

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Hire purchase contracts (see note 11)

27,245

36,444

11.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

Net obligations repayable:

Within one year

10,065

10,119

Between one and five years

27,245

36,444

37,310

46,563

Non-cancellable

operating leases

2025

2024

£

Within one year

27,409

97,200

Between one and five years

4,563

29,474

31,972

126,674

Operating leases consists of both rental lease obligations (£8,100 due within 1 year) and vehicle leasing obligations (£19,309 due within 1 year as well as £4,563 over 1 year).

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

5,275

6,772

Deferred

tax

£

Balance at 1 July 2024

6,772

Provided during year

(1,497

)

Balance at 30 June 2025

5,275

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

560,000

Ordinary A

1p

5,600

23,400

Ordinary B

1p

234

5,834

14.	RELATED PARTY DISCLOSURES

At the balance sheet date an amount of £1,450 (2024: £1,450) was due from an associated company and is disclosed within amounts owed by joint ventures.

15.	ULTIMATE CONTROLLING PARTY

Throughout this period the company was controlled by the directors of the company, by virtue of their interest in all of the issued shares in the company.