GILLY GREEN CONSULTING LTD Company accounts

COMPANY REGISTRATION NUMBER: 11201677

GILLY GREEN CONSULTING LTD

Unaudited Financial Statements

28 February 2025

GILLY GREEN CONSULTING LTD

Financial Statements

Year ended 28 February 2025

Contents	Page

Officers and professional advisers	1

Director's report	2

Statement of income and retained earnings	3

Statement of financial position	4

Notes to the financial statements	5

GILLY GREEN CONSULTING LTD

Officers and Professional Advisers

Director	MS Green

Company secretary	Gillian Patricia Green

Registered office	71-75 Shelton Street
	Covent Garden
	London
	WC2H 9JQ

Accountants	Chambers Financial Solutions LTD
	Chartered accountants
	2 The Chandlers
	The Calls
	Leeds
	West Yorkshire
	United Kingdom
	LS2 7EZ

GILLY GREEN CONSULTING LTD

Director's Report

Year ended 28 February 2025

The director presents his report and the unaudited financial statements of the company for the year ended 28 February 2025 .

Director

The director who served the company during the year was as follows:

MS Green

Small company provisions

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

This report was approved by the board of directors on 19 November 2025 and signed on behalf of the board by:

MS Green	Gillian Patricia Green
Director	Company Secretary

Registered office:

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

GILLY GREEN CONSULTING LTD

Statement of Income and Retained Earnings

Year ended 28 February 2025

	2025	2024
Note	£	£
Turnover	37,887	40,635

	--------	--------
Gross profit	37,887	40,635

Distribution costs	–	9,935
Administrative expenses	47,950	30,599
	--------	--------
Operating (loss)/profit	( 10,063)	101

	--------	--------
(Loss)/profit before taxation	( 10,063)	101

Tax on (loss)/profit	–	–
	--------	----
(Loss)/profit for the financial year and total comprehensive income	( 10,063)	101
	--------	----

Retained earnings at the start of the year	–	–
	--------	----
Retained (losses)/earnings at the end of the year	( 10,063)	101
	--------	----

All the activities of the company are from continuing operations.

GILLY GREEN CONSULTING LTD

Statement of Financial Position

28 February 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		389	–

Current assets

Debtors	6	–	1,787
Cash at bank and in hand		35,544	–
		--------	-------
		35,544	1,787

Creditors: amounts falling due within one year	7	–		1,686
		--------		-------
Net current assets			35,544	101
			--------	----
Total assets less current liabilities			35,933	101
			--------	----

Capital and reserves

Other reserves	45,996	–
Profit and loss account	( 10,063)	101
	--------	----
Shareholders funds	35,933	101
	--------	----

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 19 November 2025 , and are signed on behalf of the board by:

MS Green
Director

Company registration number: 11201677

GILLY GREEN CONSULTING LTD

Notes to the Financial Statements

Year ended 28 February 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 71-75 Shelton Street, Covent Garden, WC2H 9JQ, London.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2024: 1 ).

5. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 March 2024 and 28 February 2025	389	389
	----	----
Depreciation
At 1 March 2024 and 28 February 2025	–	–
	----	----
Carrying amount
At 28 February 2025	389	389
	----	----
At 29 February 2024	389	389
	----	----

6. Debtors

	2025	2024
	£	£
Other debtors	–	1,787
	----	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	–	1,686
	----	-------