REGISTERED NUMBER: 06238804 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

GREEN RESOURCE RECYCLING (GRR) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L F E Green

R Green

Miss S N Green

SECRETARY:

Miss S N Green

REGISTERED OFFICE:

275 Sheepcot Lane

Watford

WD25 7DL

REGISTERED NUMBER:

06238804 (England and Wales)

ACCOUNTANTS:

B20 Limited

Chartered Certified Accountants

Charwell House

Wilsom Road

Alton

Hampshire

GU34 2PP

FIXED ASSETS

Intangible assets

4

5,750

8,350

Tangible assets

5

114,423

99,018

120,173

107,368

CURRENT ASSETS

Stocks

25,000

40,000

Debtors

6

8,818

10,728

Cash at bank and in hand

101,133

174,311

134,951

225,039

CREDITORS

Amounts falling due within one year

7

(166,121

)

(243,608

)

NET CURRENT LIABILITIES

(31,170

)

(18,569

)

TOTAL ASSETS LESS CURRENT LIABILITIES

89,003

88,799

PROVISIONS FOR LIABILITIES

(4,706

)

(4,706

)

NET ASSETS

84,297

84,093

CAPITAL AND RESERVES

Called up share capital

3,750

3,750

Retained earnings

80,547

80,343

84,297

84,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2025 and were signed on its behalf by:

Miss S N Green - Director

1.	STATUTORY INFORMATION

GREEN RESOURCE RECYCLING (GRR) LIMITED 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.

2.	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 comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities, stated net of discount and sales taxes.

The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Goodwill

Goodwill is being amortised over its determined economic life.

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.

Tangible fixed 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans from banks and to and from related parties

Financial assets are assessed at the end of each reporting period for objective evidence of impairment. If evidence of impairment is found an impairment loss is recognised in the profit and loss account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

52,000

AMORTISATION

At 1 April 2024

43,650

Charge for year

2,600

At 31 March 2025

46,250

NET BOOK VALUE

At 31 March 2025

5,750

At 31 March 2024

8,350

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

88,497

686,516

775,013

Additions

-

34,039

34,039

At 31 March 2025

88,497

720,555

809,052

DEPRECIATION

At 1 April 2024

23,176

652,819

675,995

Charge for year

1,700

16,934

18,634

At 31 March 2025

24,876

669,753

694,629

NET BOOK VALUE

At 31 March 2025

63,621

50,802

114,423

At 31 March 2024

65,321

33,697

99,018

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

8,818

10,728

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

41,121

48,107

Other creditors

125,000

195,501

166,121

243,608