F L Greenwood Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01043228 (England and Wales)

F L GREENWOOD LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr W S Greenwood

G L Greenwood

M W White

SECRETARY:

W S Greenwood

REGISTERED OFFICE:

36 Greenway

Campton

Shefford

Bedford

Bedfordshire

SG17 5BN

REGISTERED NUMBER:

01043228 (England and Wales)

ACCOUNTANTS:

Miller & Co

Chartered Accountants

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

FIXED ASSETS

Tangible assets

5

-

Investment property

6

1,153,892

CURRENT ASSETS

Debtors

7

10,296

36,396

Cash at bank

1,295

7,364

11,591

43,760

CREDITORS

Amounts falling due within one year

8

26,982

24,971

NET CURRENT (LIABILITIES)/ASSETS

(15,391

)

18,789

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,138,501

1,172,681

PROVISIONS FOR LIABILITIES

50,980

NET ASSETS

1,087,521

1,121,701

CAPITAL AND RESERVES

Called up, paid and allotted share capital

134

Share premium

9

118,966

Non-distributable reserve

9

507,147

508,910

Retained earnings

9

461,274

493,691

SHAREHOLDERS' FUNDS

1,087,521

1,121,701

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 29 April 2026 and were signed on its behalf by:

Mr W S Greenwood - Director

1.	STATUTORY INFORMATION

F L Greenwood Limited is a private company, limited by shares, registered in England and Wales. 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, rounded to the nearest pound.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Income recognition

Income is recognised when goods/services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

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

Fixtures and fittings

-

15% 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.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 September 2024

and 31 August 2025

4,620

DEPRECIATION

At 1 September 2024

and 31 August 2025

4,620

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

1,153,892

Additions

1,763

Revaluations

(1,763

)

At 31 August 2025

1,153,892

NET BOOK VALUE

At 31 August 2025

1,153,892

At 31 August 2024

1,153,892

Investment properties were valued on an open market basis on 31 August 2025 by the directors.

If investment properties had not been revalued they would have been included at historical cost totalling £595,765.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

7,577

9,472

Other debtors

2,719

26,924

10,296

36,396

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Taxation and social security

6,118

14,362

Other creditors

20,864

10,609

26,982

24,971

9.

RESERVES

Retained

Share

Non-distributable

earnings

premium

reserve

Totals

£

At 1 September 2024

493,691

118,966

508,910

1,121,567

Profit for the year

24,320

Dividends

(58,500

)

(58,500

)

Transfer between reserves

1,763

-

(1,763

)

-

At 31 August 2025

461,274

118,966

507,147

1,087,387

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

M W White

Balance outstanding at start of year

24,745

-

Amounts advanced

-

24,745

Amounts repaid

(24,700

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

45

24,745

11.	RELATED PARTY DISCLOSURES

The directors operate loan accounts with the company which are interest free and repayable on demand. Transactions for one of the loans can be found in the table above. At the year end, the company owed one of the directors £1,753 (2024: £1,753) and another director was owed £15,783 (2024: £4,546).