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Registration number: 05608955

Green Templeton Services Ltd
Filleted Financial Statements
for the Year Ended 31 July 2025

Green Templeton Services Ltd

Contents

Balance Sheet | 1
Notes to the Financial Statements | 2 to 6

Green Templeton Services Ltd

(Registration number: 05608955)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 4 | 20,396 | 20,396
Cash at bank and in hand |  | 2 | 2
|  | 20,398 | 20,398
Creditors: Amounts falling due within one year | 5 | (10,200) | (8,268)
Net assets |  | 10,198 | 12,130
Capital and reserves |  |  |
Called up share capital | 6 | 1 | 1
Retained earnings |  | 10,197 | 12,129
Shareholders' funds |  | 10,198 | 12,130

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 November 2025

......................................... T Clayden Director

Green Templeton Services Ltd

Notes to the Financial Statements for the Year Ended 31 July 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
43 Woodstock Road
Oxford
OX2 6HG

These financial statements were authorised for issue by the director on 27 November 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company is reliant on support from the parent entity to continue as a going concern, and the director has received confirmation that they will have this support for the foreseeable future. With this support, the director has the reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The director continues to believe the going concern basis of accounting is appropriate in preparing the annual financial statements.

Green Templeton Services Ltd

Notes to the Financial Statements for the Year Ended 31 July 2025

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 27 November 2025 was Benjamin Hayes BSc FCA, who signed for and on behalf of Wenn Townsend.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

No provision for corporation tax has been made on the company's profit for the year due to its policy of donating all its tax adjusted profits available for distribution under gift aid to its ultimate charitable parent undertaking within nine months of the year end date.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Green Templeton Services Ltd

Notes to the Financial Statements for the Year Ended 31 July 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined benefit pension obligation

The Company participates in the Oxford University Staff Pension Scheme (OSPS). This is a defined benefit scheme which is externally funded.
The costs of retirement benefits provided to employees of the College through a multi-employer defined benefit pension scheme is accounted for as if this was a defined contribution scheme in accordance with the requirements of FRS 102. The College's contributions to this scheme are recognised as a liability and an expense in the period in which the salaries to which the contributions relate are payable.
In addition, a liability is recognised at the balance sheet date for the discounted value of the expected future contribution payments under the agreements with this multi-employer scheme to fund the past service deficits.
The costs of retirement benefits provided to employees of the College through defined contribution arrangements are recognised as a liability and an expense in the period in which the salaries to which the contributions relate are payable.
Green Templeton Services Limited has made available the National Employment Savings Trust (NEST) for employees who are eligible under automatic enrolment regulations to pension benefits.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2024 - 6).

4 | Debtors

| Note | 2025 £ | 2024 £
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 9 | 20,396 | 20,396
|  | 20,396 | 20,396

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Accruals and deferred income | 6,975 | 8,268
Other creditors | 3,225 | -
| 10,200 | 8,268

Green Templeton Services Ltd

Notes to the Financial Statements for the Year Ended 31 July 2025

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Called up share capital of £1 each | 1 | 1 | 1 | 1

7 | Reserves

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

| Retained earnings £ | Total £
Remeasurement gain/loss on defined benefit pension schemes | 380 | 380

8 | Oxford Staff Pension Scheme

The University of Oxford Staff Pension Scheme (OSPS) is a multi-employer hybrid scheme set up under trust and sponsored by the University. It is the pension scheme for support staff at the University, participating colleges and other related employers. New members joining the scheme build up benefits on a defined contribution basis. Members who joined before 1st October 2017 build up benefits on a career average revalued earnings basis.
The pension charge for the year includes an expense of £37,012 (2024: £33,939) in relation to the OSPS. This represents contributions of £37,012 (2024: £34,319) payable to the OSPS as adjusted by the decrease in the deficit funding liability between the opening and closing balance sheet dates of £nil (2024: decrease by £380).
The latest formal actuarial valuation of OSPS was carried out as at 31 March 2022 and was published in June 2023. This valuation showed the scheme assets as £961m, sufficient to cover 105% of its liabilities of £914m with a surplus of £47m.
The Trustee and the University agreed a new contribution schedule which took effect from 1 October 2023 and takes account of the benefit improvements and changes to member contributions since the last valuation date. It was agreed that the scheme will meet its own running costs from the scheme's assets, including expenses relating to both the defined benefit and defined contribution sections and the cost of pension Protection Fund / other statutory levies.
A copy of the full actuarial valuation report and other further details on the scheme are available on the University of Oxford: https:///finance.admin.ac.uk/osps-documents.

9 | Related party transactions

The company has taken advantage of the FRS 102 exemption not to disclose transactions with other members of the group, where transactions involve a subsidiary that is wholly owned by the group.

Green Templeton Services Ltd

Notes to the Financial Statements for the Year Ended 31 July 2025

10 | Controlling party

The ultimate parent undertaking is The Principal, Fellows and Students of Green Templeton College in the University of Oxford (Green Templeton College, 43 Woodstock Road, Oxford, OX2 6HG), which owns 100% of the issue share capital of the company.