REGISTERED NUMBER: 13214599 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Green World Property Invest Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Investment property

4

2,194,719

2,130,795

CURRENT ASSETS

Debtors

5

387,377

87,786

Cash at bank

75,258

19,701

462,635

107,487

CREDITORS

Amounts falling due within one year

6

476,225

234,564

NET CURRENT LIABILITIES

(13,590

)

(127,077

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,181,129

2,003,718

CREDITORS

Amounts falling due after more than one year

7

(2,112,017

)

(2,021,871

)

PROVISIONS FOR LIABILITIES

(11,349

)

-

NET ASSETS/(LIABILITIES)

57,763

(18,153

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

10

52,575

-

Retained earnings

5,088

(18,253

)

SHAREHOLDERS' FUNDS

57,763

(18,153

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 September 2025 and were signed on its behalf by:

Mr Johannes Struik - Director

Mr Edwin Petrus Hendricus Maria Jansen - Director

1.	STATUTORY INFORMATION

Green World Property Invest Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13214599

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

2,130,795

Revaluations

63,924

At 31 December 2024

2,194,719

NET BOOK VALUE

At 31 December 2024

2,194,719

At 31 December 2023

2,130,795

Fair value at 31 December 2024 is represented by:

£

Valuation in 0

63,924

Cost

2,130,795

2,194,719

Investment property situated at Apartment 19, 33, 37, 38, 42 and 44, Linea, Dunstall Street, Scunthorpe, DN15 6JL and Apartment 47, 48, 55, 56, 61, 62, 63, 64, 65, 66, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81, 104, 108 and 110, Linea, Dunstall Street, Scunthorpe, DN15 6JQ is under a charge from Hampshire Trust Bank PLC. The charge was created on 23rd March 2022.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

387,377

87,786

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

-

3,088

Other creditors

476,225

231,476

476,225

234,564

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

1,549,370

1,549,360

Other creditors

562,647

472,511

2,112,017

2,021,871

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,549,370

1,549,360

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

1,549,370

1,549,360

The loan amounting to £1,549,370 is secured by the way of charge on the property situated at Apartment 19, 33, 37, 38, 42 and 44, Linea, Dunstall Street, Scunthorpe, DN15 6JL and Apartment 47, 48, 55, 56, 61, 62, 63, 64, 65, 66, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81, 104, 108 and 110, Linea, Dunstall Street, Scunthorpe, DN15 6JQ (disclosed as investment property). The charge was created in the name of Hampshire Trust Bank PLC on 23rd March 2022.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Fair

value

reserve

£

Transfer to/from reserves

52,575

At 31 December 2024

52,575

11.	RELATED PARTY DISCLOSURES

The company owes £260 (2023: £260) to its director, Mr Edwin Petrus Hendricus Maria Jansen at accounting year end date.

The company owes £260 (2023: £260) to its director, Mr Johannes Struik at accounting year end date.

The company was owed £175,904 (2023: £2,688) as at accounting year end date to Green World Property Trade Ltd , a company registered in United Kingdom (Company registered number: 11596007). Mr Edwin Petrus Hendricus Maria Jansen and Mr Johannes Struik are also directors of this company.

The company was owed £85,717 (2023: £72,650) as at accounting year end date from Commotive Property Ltd, a company registered in United Kingdom (Company registered number: 1123147) which holds 50% shareholding of this company and Mr Johannes Struik is also a director of this company.