GREENWORLD PARTNERS LIMITED


Directors	CASTELLO, Miguel
	MOLES, Arcadi


Registered Address	C/O Caldervale Technology Limited
	Bretfield Court
	Dewsbury
	WF12 9BG


Registered Number	14149416 (England and Wales)

Statement of Financial Position
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investments	3		2,526,530		2,526,530
			2,526,530		2,526,530
Current assets
Debtors	4	1		1
Cash at bank and on hand		8		-
		9		1
Creditors amounts falling due within one year	5	(3,286,226)		(2,980,927)
Net current assets (liabilities)			(3,286,217)		(2,980,926)
Total assets less current liabilities			(759,687)		(454,396)
Creditors amounts falling due after one year	6		(1,151,133)		(1,354,645)
Net assets			(1,910,820)		(1,809,041)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(1,910,821)		(1,809,042)
Shareholders' funds			(1,910,820)		(1,809,041)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 5 June 2026, and are signed on its behalf by:

CASTELLO, Miguel
Director
Registered Company No. 14149416

GREENWORLD PARTNERS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The directors believe that the company has adequate resources to continue in operational existence for the foreseeable future. The company continues to have the support of the directors, shareholders and creditors and therefore continue to adopt the going concern basis of accounting in preparing the financial statements.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

	Current taxation
	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
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 January 25	2,526,530	2,526,530
At 31 December 25	2,526,530	2,526,530
Net book value
At 31 December 25	2,526,530	2,526,530
At 31 December 24	2,526,530	2,526,530

	Notes
	¹Investments in group undertakings and participating interests

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	1	1
Total	1	1


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	246,896	246,906
Amounts owed to related parties	2,831,716	2,585,921
Accrued liabilities and deferred income	207,614	148,100
Total	3,286,226	2,980,927


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Bank borrowings are secured by fixed and floating charges over the assets of the company.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	151,133	354,645
Other creditors	1,000,000	1,000,000
Total	1,151,133	1,354,645


	Included within creditors due after one year are loan notes of £1,000,000 (2024: £1,000,000). The loan notes are repayable on 30 September 2027. Bank borrowings are secured by fixed and floating charges over the assets of the company.

7.	Related party transactions
	The company has taken advantage of the exemption contained in Section 33 of FRS 102 "Related Party Disclosures" from disclosing transactions with entities which are part of the group, since 100% of the voting rights in the group are controlled within the group. Included within creditors, amount due within one year is £1,223,168 (2024: £977,373) due to Caldervale Technology Limited, the subsidiary. This amount is interest free and repayable on demand. Included within creditors due within one year, amounts owed to group undertakings includes £1,608,548 (2024: £1,608,548) which is due to the parent company Tales Partners S.L. This balance is interest free and repayable on demand. Included within creditors due within one year, other creditors includes loan notes of £1,000,000 (2024: £1,000,000) which is due to the parent company Tales Partners S.L. Interest is charged at a commercial rate, £57,514 was charged in the current year and £207,613 is owed as at 31 December 2025, this amount is included within accruals.

Related party transactions

The company has taken advantage of the exemption contained in Section 33 of FRS 102 "Related Party Disclosures" from disclosing transactions with entities which are part of the group, since 100% of the voting rights in the group are controlled within the group.

Included within creditors, amount due within one year is £1,223,168 (2024: £977,373) due to Caldervale Technology Limited, the subsidiary. This amount is interest free and repayable on demand.

Included within creditors due within one year, amounts owed to group undertakings includes £1,608,548 (2024: £1,608,548) which is due to the parent company Tales Partners S.L. This balance is interest free and repayable on demand.

Included within creditors due within one year, other creditors includes loan notes of £1,000,000 (2024: £1,000,000) which is due to the parent company Tales Partners S.L. Interest is charged at a commercial rate, £57,514 was charged in the current year and £207,613 is owed as at 31 December 2025, this amount is included within accruals.