Green Iota Property Ltd

Green Iota Property Ltd
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	76,488	76,650
		76,488	76,650
Current assets
Creditors: amount falling due within one year	4	(142,066)	(109,882)
Net current assets		(142,066)	(109,882)

Total assets less current liabilities		(65,578)	(33,232)
Net assets		(65,578)	(33,232)

Capital and reserves
Called up share capital	5	3	3
Profit and loss account		(65,581)	(33,235)
Shareholders' funds		(65,578)	(33,232)

For the year ended 28 February 2025 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 07 November 2025 and were signed on its behalf by:

-------------------------------
Alan Steven Jones
Director

Green Iota Property Ltd
Notes to the Financial Statements
For the year ended 28 February 2025

General Information

Green Iota Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 13895350, registration address Penny Lane Business Centre, 374 Smithdown Road, Liverpool, Merseyside, L15 5AN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

Tangible fixed assets

Cost or valuation	Land and Buildings	Fixtures and Fittings	Total
	£	£	£
At 01 March 2024	76,000	913	76,913
Additions	-	-	-
Disposals	-	-	-
At 28 February 2025	76,000	913	76,913
Depreciation
At 01 March 2024	-	263	263
Charge for year	-	162	162
On disposals	-	-	-
At 28 February 2025	-	425	425
Net book values
Closing balance as at 28 February 2025	76,000	488	76,488
Opening balance as at 01 March 2024	76,000	650	76,650

Creditors: amount falling due within one year

	2025 £		2024 £
Directors' Current Accounts	142,066		109,882
	142,066		109,882

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
3 Ordinary shares of £1.00 each	3		3
	3		3

Registered Number: 13895350
England and Wales
Filleted Accounts

for the year ended 28 February 2025
for
GREEN IOTA PROPERTY LTD