1 April 2024 false Taxfiler 2024.6 SC490482business:PrivateLimitedCompanyLtd2024-04-012025-03-31 SC4904822024-03-31 SC4904822024-04-012025-03-31 SC490482business:AuditExemptWithAccountantsReport2024-04-012025-03-31 SC490482business:FilletedAccounts2024-04-012025-03-31 SC4904822025-03-31 SC490482business:Director12024-04-012025-03-31 SC490482business:Director22024-04-012025-03-31 SC490482business:RegisteredOffice2024-04-012025-03-31 SC4904822024-03-31 SC490482core:WithinOneYear2025-03-31 SC490482core:WithinOneYear2024-03-31 SC490482core:AfterOneYear2025-03-31 SC490482core:AfterOneYear2024-03-31 SC490482core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 SC490482core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 SC490482core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 SC490482core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 SC490482core:PreviouslyStatedAmount2025-03-31 SC490482core:PreviouslyStatedAmount2024-03-31 SC490482business:SmallEntities2024-04-012025-03-31 SC490482countries:Scotland2024-04-012025-03-31 SC490482core:PlantMachinery2024-04-012025-03-31 SC490482core:MotorVehicles2024-04-012025-03-31 SC490482core:ComputerEquipment2024-04-012025-03-31 SC490482core:PlantMachinery2024-03-31 SC490482core:MotorVehicles2024-03-31 SC490482core:ComputerEquipment2024-03-31 SC490482core:PlantMachinery2025-03-31 SC490482core:MotorVehicles2025-03-31 SC490482core:ComputerEquipment2025-03-31 SC490482business:OrdinaryShareClass12024-04-012025-03-31 SC490482business:OrdinaryShareClass12023-04-012024-03-31 SC4904822023-04-012024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC490482 (Scotland)
Greenfarm (Scotland) Limited Unaudited accounts for the year ended 31 March 2025
Greenfarm (Scotland) Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Greenfarm (Scotland) Limited Company Information for the year ended 31 March 2025
Directors
Mr W D Barbour Mrs J Barbour
Company Number
SC490482 (Scotland)
Registered Office
22 Bluebell Drive Newton Mearns Glasgow G77 6FN
Accountants
Lynsey Murray 22 Bluebell Drive Glasgow G77 6FN
- 3 -
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Greenfarm (Scotland) Limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Greenfarm (Scotland) Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
This report is made solely to the Board of Directors of Greenfarm (Scotland) Limited, as a body, in accordance with the terms of our engagement letter dated 9 March 2020. Our work has been undertaken solely to prepare for your approval the accounts of Greenfarm (Scotland) Limited and state those matters that we have agreed to state to the Board of Directors of Greenfarm (Scotland) Limited, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Greenfarm (Scotland) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Greenfarm (Scotland) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Greenfarm (Scotland) Limited. You consider that Greenfarm (Scotland) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Greenfarm (Scotland) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Lynsey Murray Member in Practice 22 Bluebell Drive Glasgow G77 6FN 12 November 2025
- 4 -
Greenfarm (Scotland) Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
13,188 
18,913 
Current assets
Inventories
6,389 
4,440 
Debtors
5
3,049 
5,610 
Cash at bank and in hand
1,300 
2,600 
10,738 
12,650 
Creditors: amounts falling due within one year
6
(3,326)
(4,035)
Net current assets
7,412 
8,615 
Total assets less current liabilities
20,600 
27,528 
Creditors: amounts falling due after more than one year
7
(11,125)
(22,140)
Net assets
9,475 
5,388 
Capital and reserves
Called up share capital
8
2 
2 
Profit and loss account
9,473 
5,386 
Shareholders' funds
9,475 
5,388 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by
Mr W D Barbour Director Company Registration No. SC490482
- 5 -
Greenfarm (Scotland) Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Greenfarm (Scotland) Limited is a private company, limited by shares, registered in Scotland, registration number SC490482. The registered office is 22 Bluebell Drive, Newton Mearns, Glasgow, G77 6FN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Motor vehicles
25% over 4 years
Computer equipment
33% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 6 -
Greenfarm (Scotland) Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
29,017 
16,295 
1,911 
47,223 
At 31 March 2025
29,017 
16,295 
1,911 
47,223 
Depreciation
At 1 April 2024
21,308 
5,091 
1,911 
28,310 
Charge for the year
1,652 
4,073 
- 
5,725 
At 31 March 2025
22,960 
9,164 
1,911 
34,035 
Net book value
At 31 March 2025
6,057 
7,131 
- 
13,188 
At 31 March 2024
7,709 
11,204 
- 
18,913 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
149 
- 
Trade debtors
2,900 
5,610 
3,049 
5,610 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
2,162 
Trade creditors
1,589 
- 
Taxes and social security
1,737 
1,873 
3,326 
4,035 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
9,290 
12,493 
Loans from directors
1,835 
9,647 
11,125 
22,140 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 7 -