ACCOUNTS - Final Accounts preparation

Registered number: 05441450

GREENLANDS FINANCE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2025


GREENLANDS FINANCE LIMITED REGISTERED NUMBER:05441450

BALANCE SHEET

AS AT 30 JUNE 2025

		2025		2024
Note		£		£

Fixed assets
Investments	5		7,000		7,000
			7,000		7,000

Creditors: amounts falling due within one year	6	(10,021)		(9,530)
Net current liabilities			(10,021)		(9,530)
Total assets less current liabilities			(3,021)		(2,530)

Net liabilities			(3,021)		(2,530)

Capital and reserves
Called up share capital	7	1	1
Profit and loss account		(3,022)	(2,531)
		(3,021)	(2,530)

Page 1


GREENLANDS FINANCE LIMITED REGISTERED NUMBER:05441450

BALANCE SHEET (CONTINUED)

AS AT 30 JUNE 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 December 2025.

J R Williams

Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2


GREENLANDS FINANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1.	General information

Greenlands Finance Ltd, 05441450, is a private company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Unit 1 Cefn Llan Science Park, Aberystwyth, Ceredigion, SY23 3AH.

The principal activity of the company is that of investment holding.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis and assumes the continued support of the director and his related companies.

2.3

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Page 3


GREENLANDS FINANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

3.	Judgements in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations or future events that are believed to be reasonable under the circumstances.

The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the Directors there are no estimates nor assumptions that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next financial year

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

5.	Fixed asset investments

		Unlisted investments
		£
	Cost or valuation
	At 1 July 2024	7,000
	At 30 June 2025	7,000

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other creditors	9,403	9,032
Accruals and deferred income	618	498
	10,021	9,530

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 (2024 - 1) Ordinary share of £1.00	1	1

Page 4