Green Park One Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13295431

Green Park One Ltd

Filleted Unaudited Financial Statements

31 March 2025

Green Park One Ltd

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Current assets

Stocks		1,200,000	2,527,116
Debtors	4	712,342	528,247
Cash at bank and in hand		203	–
		------------	------------
		1,912,545	3,055,363

Creditors: amounts falling due within one year	5	712,345	536,807
		------------	------------
Net current assets		1,200,200	2,518,556
		------------	------------
Total assets less current liabilities		1,200,200	2,518,556

Creditors: amounts falling due after more than one year	6	1,200,000	2,527,116
		------------	------------
Net assets/(liabilities)		200	( 8,560)
		------------	------------

Capital and reserves

Called up share capital	7	1	1
Profit and loss account		199	( 8,561)
		----	-------
Shareholders funds/(deficit)		200	( 8,560)
		----	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Green Park One Ltd

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 15 April 2026 , and are signed on behalf of the board by:

J Sahota
Director

Company registration number: 13295431

Green Park One Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 50-51 Friargate, Derby, DE1 1DF.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Debtors

	2025	2024
	£	£
Trade debtors	330,932	–
Amounts owed by group undertakings and undertakings in which the company has a participating interest	–	528,247
Other debtors	381,410	–
	---------	---------
	712,342	528,247
	---------	---------

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	693,772	–
Corporation tax	4,043	–
Other creditors	14,530	536,807
	---------	---------
	712,345	536,807
	---------	---------

6. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,200,000	2,527,116
	------------	------------

7. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
	----	----	----	----

8. Controlling party

The company is under the control of Mr J Sahota , who is the sole shareholder and director of the company.