FINANCIAL PERIOD DATA REFRESH REQUIRED
Select the Refresh button on the Summary or Disclosure tab

Registration number: 08937915

Green & Olive Legal Ltd

trading as Green & Olive Solicitors

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Green & Olive Legal Ltd

trading as Green & Olive Solicitors

Company Information

Directors

Mr Mohamed Arif Awan Mr Teyub Nasar Nasrullah Mr Mohamed Asim Awan

Registered office

4 Whittall Street Birmingham B4 6DH

Accountants

RS Accountants Limited 23 Acfold Rd Birmingham B20 1HD

Green & Olive Legal Ltd

trading as Green & Olive Solicitors

(Registration number: 08937915)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	686,592	693,978
Other financial assets	5	2,000	2,000
		688,592	695,978
Current assets
Debtors	6	83,742	34,793
Cash at bank and in hand		89,218	63,474
		172,960	98,267
Creditors: Amounts falling due within one year	7	(211,754)	(153,605)
Net current liabilities		(38,794)	(55,338)
Total assets less current liabilities		649,798	640,640
Creditors: Amounts falling due after more than one year	7	(527,276)	(553,634)
Net assets		122,522	87,006
Capital and reserves
Called up share capital	8	100	100
Retained earnings		122,422	86,906
Shareholders' funds		122,522	87,006

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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 May 2026 and signed on its behalf by:
 

......................................... Mr Mohamed Arif Awan Director

Green & Olive Legal Ltd

trading as Green & Olive Solicitors

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

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

The address of its registered office is:
4 Whittall Street
Birmingham
B4 6DH
England

These financial statements were authorised for issue by the Board on 31 May 2026.

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

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities 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.

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

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

Green & Olive Legal Ltd

trading as Green & Olive Solicitors

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Comparative adjustments have been made to incorporate a previously omitted loan. Other opening balances have been adjusted accordingly to reflect this inclusion.

Green & Olive Legal Ltd

trading as Green & Olive Solicitors

Notes to the Unaudited Financial Statements for the Year Ended 31 August 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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 13 (2024 - 15).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 September 2024	663,813	59,653	723,466
Additions	-	1,759	1,759
At 31 August 2025	663,813	61,412	725,225
Depreciation
At 1 September 2024	-	24,588	24,588
Charge for the year	-	14,045	14,045
At 31 August 2025	-	38,633	38,633
Carrying amount
At 31 August 2025	663,813	22,779	686,592
At 31 August 2024	663,813	30,165	693,978

Included within the net book value of land and buildings above is £663,813 (2024 - £663,813) in respect of freehold land and buildings.
 

Green & Olive Legal Ltd

trading as Green & Olive Solicitors

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

5	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
At 1 September 2024	2,000	2,000
At 31 August 2025	2,000	2,000
Impairment
Carrying amount
At 31 August 2025	2,000	2,000

6

Debtors

Current	2025 £	2024 £
Trade debtors	49,336	34,793
Prepayments	34,406	-
	83,742	34,793

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	-	(24,000)
Trade creditors		-	8,910
Taxation and social security		187,786	143,155
Accruals and deferred income		5,470	-
Other creditors		18,498	25,540
		211,754	153,605

Creditors: amounts falling due after more than one year

Green & Olive Legal Ltd

trading as Green & Olive Solicitors

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	527,276	553,634

8	Share capital

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	506,151	516,234
Other borrowings	21,125	37,400
	527,276	553,634

Current loans and borrowings

	2025 £	2024 £
Other borrowings	-	(24,000)

10

Dividends

Dividends of £131630 were paid to the shareholders during the financial year. These dividends were declared and paid out of distributable profits.

11	Related party transactions

Green & Olive Legal Ltd

trading as Green & Olive Solicitors

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	45,291	47,046