REGISTERED NUMBER: SC378288 (Scotland)

Financial Statements for the Year Ended 31 May 2025

for

Greenerleaf Estate Maintenance Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

B Monaghan

Registered office:

355/357 Bank Street

Coatbridge

ML5 1EJ

Registered number:

SC378288 (Scotland)

Accountant:

Audrey Wolfson

10 Southern Avenue

Glasgow

G73 4JN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

765,701

445,249

Investment property

6

1,581,410

714,912

2,347,111

1,160,161

CURRENT ASSETS

Stocks

265,281

194,303

Debtors

7

1,182,973

1,252,089

Cash at bank and in hand

1,115,848

1,001,694

2,564,102

2,448,086

CREDITORS

Amounts falling due within one year

8

650,189

513,391

NET CURRENT ASSETS

1,913,913

1,934,695

TOTAL ASSETS LESS CURRENT LIABILITIES

4,261,024

3,094,856

PROVISIONS FOR LIABILITIES

191,426

111,313

NET ASSETS

4,069,598

2,983,543

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,069,498

2,983,443

SHAREHOLDERS' FUNDS

4,069,598

2,983,543

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 December 2025 and were signed by:

B Monaghan - Director

1.	STATUTORY INFORMATION

Greenerleaf Estate Maintenance Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

The preparation of financial information in compliance with FRS 102 requires management to make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates.

The directors have identified the following area which give rise to estimation uncertainty:

Estimated useful lives and residual values of fixed assets

Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and any residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation and maintenance programmes are taken into account.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised and in any future periods affected.

Turnover

Turnover arises from amounts charged for the provision of services net of Value Added Tax.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost, 20% on reducing balance and 20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Work in progress

Work in progress is all current and is based on the income earned to date on jobs that have been carried out but not invoiced at the year end.

Financial instruments

Trade debtors, trade creditors, overdrafts and private loans to the company are classified as financial instruments.

All of these balances are measured at the undiscounted amount of the cash or other consideration expected to be received or paid.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 73 (2024 - 70 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

20,000

AMORTISATION

At 1 June 2024

and 31 May 2025

20,000

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

708,372

Additions

799,741

Disposals

(418,264

)

At 31 May 2025

1,089,849

DEPRECIATION

At 1 June 2024

263,123

Charge for year

201,194

Eliminated on disposal

(140,169

)

At 31 May 2025

324,148

NET BOOK VALUE

At 31 May 2025

765,701

At 31 May 2024

445,249

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

714,912

Additions

866,498

At 31 May 2025

1,581,410

NET BOOK VALUE

At 31 May 2025

1,581,410

At 31 May 2024

714,912

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

576,332

641,695

Other debtors

606,641

610,394

1,182,973

1,252,089

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

86,525

43,653

Taxation and social security

436,796

343,625

Other creditors

126,868

126,113

650,189

513,391