Company No: 12165363 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	C Howard
	R Howard

Registered office	2nd Floor
	Maritime Place Quayside
	Chatham Maritime
	Chatham
	ME4 4QZ
	United Kingdom

Company number

12165363 (England and Wales)

Accountant	Kreston Reeves LLP
	Suite 2
	Orchard House
	Orchard Street
	Canterbury
	Kent
	CT2 8AR

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Greenfriars LTD for the financial year ended 31 August 2025 which comprise the Balance Sheet and the related notes 1 to 7 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

This report is made solely to the Board of Directors of Greenfriars LTD, as a body, in accordance with the terms of our engagement letter dated 12 November 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Greenfriars LTD and state those matters that we have agreed to state to the Board of Directors of Greenfriars LTD, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Greenfriars LTD and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Greenfriars LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Greenfriars LTD. You consider that Greenfriars LTD is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Greenfriars LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kreston Reeves LLP

Suite 2
Orchard House
Orchard Street
Canterbury
Kent
CT2 8AR

27 May 2026

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	13,304		13,001
		13,304		13,001
Current assets
Debtors	4	34,621		13,833
Cash at bank and in hand		54,545		55,763
		89,166		69,596
Creditors: amounts falling due within one year	5	( 36,544)		( 27,385)
Net current assets		52,622		42,211
Total assets less current liabilities		65,926		55,212
Creditors: amounts falling due after more than one year	6	( 8,405)		( 10,400)
Net assets		57,521		44,812
Capital and reserves
Called-up share capital	7	200		200
Profit and loss account		57,321		44,612
Total shareholders' funds		57,521		44,812

For the financial year ending 31 August 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Greenfriars LTD (registered number: 12165363) were approved and authorised for issue by the Board of Directors on 27 May 2026. They were signed on its behalf by:

R Howard Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Greenfriars LTD (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2nd Floor, Maritime Place Quayside, Chatham Maritime, Chatham, ME4 4QZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	10 years straight line
Office equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Tangible assets

	Plant and machinery		Office equipment		Total
	£		£		£
Cost
At 01 September 2024	14,091		1,786		15,877
Additions	0		2,324		2,324
At 31 August 2025	14,091		4,110		18,201
Accumulated depreciation
At 01 September 2024	1,409		1,467		2,876
Charge for the financial year	1,409		612		2,021
At 31 August 2025	2,818		2,079		4,897
Net book value
At 31 August 2025	11,273		2,031		13,304
At 31 August 2024	12,682		319		13,001

4. Debtors

	2025		2024
	£		£
Trade debtors	34,621		13,833

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	2,382		2,600
Taxation and social security	29,774		20,508
Other creditors	4,388		4,277
	36,544		27,385

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

	2025		2024
	£		£
Bank loans	8,405		10,400

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 A ordinary shares of £ 1.00 each	100		100
100 B ordinary shares of £ 1.00 each	100		100
	200		200