Company Registration No. 10633430 (England and Wales)
Greenacre Ground Maintenance Ltd
Unaudited accounts
for the year ended 31 March 2025
Greenacre Ground Maintenance Ltd
Unaudited accounts
Contents
Greenacre Ground Maintenance Ltd
Company Information
for the year ended 31 March 2025
Directors
C Waller
S Taylor
Company Number
10633430 (England and Wales)
Registered Office
2 Hampden Way
West Malling
Kent
ME19 4TE
England
Greenacre Ground Maintenance Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
109,783
104,756
Cash at bank and in hand
73,882
169,302
Creditors: amounts falling due within one year
(92,023)
(186,430)
Net current assets
70,774
16,998
Total assets less current liabilities
180,557
121,754
Creditors: amounts falling due after more than one year
(1,326)
(6,546)
Provisions for liabilities
Deferred tax
(27,681)
(24,192)
Called up share capital
101
101
Profit and loss account
151,449
90,915
Shareholders' funds
151,550
91,016
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 30 December 2025 and were signed on its behalf by
C Waller
Director
Company Registration No. 10633430
Greenacre Ground Maintenance Ltd
Notes to the Accounts
for the year ended 31 March 2025
Greenacre Ground Maintenance Ltd is a private company, limited by shares, registered in England and Wales, registration number 10633430. The registered office is 2 Hampden Way, West Malling, Kent, ME19 4TE, England.
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.
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.
These financial statements have been prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
The company only has financial instruments which are classified as basic financial instruments.
Short-term creditors are measured at the settlement value. Any losses from impairment are recognised in profit and loss.
Bank loans are initially recorded at the transaction price including transaction costs. Subsequently, they are recognised at amortised cost using the effective interest rate method.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted at the reporting end date.
Greenacre Ground Maintenance Ltd
Notes to the Accounts
for the year ended 31 March 2025
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
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.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
112,853
111,805
4,663
825
230,146
Additions
2,443
40,495
524
-
43,462
Disposals
(40,052)
(5,600)
(2,250)
-
(47,902)
At 31 March 2025
75,244
146,700
2,937
825
225,706
At 1 April 2024
63,349
57,660
3,556
825
125,390
Charge for the year
12,674
18,285
309
-
31,268
On disposals
(34,451)
(4,434)
(1,850)
-
(40,735)
At 31 March 2025
41,572
71,511
2,015
825
115,923
At 31 March 2025
33,672
75,189
922
-
109,783
At 31 March 2024
49,504
54,145
1,107
-
104,756
Amounts falling due within one year
Trade debtors
31,970
25,425
Accrued income and prepayments
7,074
8,701
Greenacre Ground Maintenance Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,220
5,091
Trade creditors
2,275
8,100
Taxes and social security
51,229
36,929
Other creditors
653
59,399
Loans from directors
-
60,110
7
Creditors: amounts falling due after more than one year
2025
2024
8
Transactions with related parties
During the year, C Waller, a director of the company, withdrew funds totalling £131,892, incurred expenses on behalf of the company totalling £312 and received dividends of £37,400. At the Balance Sheet date C Waller owed the company £34,070 (2024 - £60,110 owed to the director).
During the year, S Taylor, a director of the company, withdrew funds totalling £114,000, and received dividends of £40,000. At the Balance Sheet date S Taylor owed the company £15,801 (2024 - £58,199 owed to the director).
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Average number of employees
During the year the average number of employees was 5 (2024: 5).