IRIS Accounts Production v26.1.10.61 NI608977 Board of Directors Board of Directors 1.10.24 30.9.25 30.9.25 18/6/2026 false true true false false false true false Auditors Opinion iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh NI608977 2024-09-30 NI608977 2025-09-30 NI608977 2024-10-01 2025-09-30 NI608977 2023-09-30 NI608977 2023-10-01 2024-09-30 NI608977 2024-09-30 NI608977 ns15:NorthernIreland 2024-10-01 2025-09-30 NI608977 ns14:PoundSterling 2024-10-01 2025-09-30 NI608977 ns10:Director1 2024-10-01 2025-09-30 NI608977 ns10:Director2 2024-10-01 2025-09-30 NI608977 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 NI608977 ns10:SmallEntities 2024-10-01 2025-09-30 NI608977 ns10:Audited 2024-10-01 2025-09-30 NI608977 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 NI608977 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 NI608977 ns10:FullAccounts 2024-10-01 2025-09-30 NI608977 1 2024-10-01 2025-09-30 NI608977 ns10:RegisteredOffice 2024-10-01 2025-09-30 NI608977 ns5:CurrentFinancialInstruments 2025-09-30 NI608977 ns5:CurrentFinancialInstruments 2024-09-30 NI608977 ns5:Non-currentFinancialInstruments 2025-09-30 NI608977 ns5:Non-currentFinancialInstruments 2024-09-30 NI608977 ns5:ShareCapital 2025-09-30 NI608977 ns5:ShareCapital 2024-09-30 NI608977 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 NI608977 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 NI608977 ns5:NetGoodwill 2024-10-01 2025-09-30 NI608977 ns5:IntangibleAssetsOtherThanGoodwill 2024-10-01 2025-09-30 NI608977 ns5:LandBuildings ns5:OwnedOrFreeholdAssets 2024-10-01 2025-09-30 NI608977 ns5:PlantMachinery 2024-10-01 2025-09-30 NI608977 ns5:FurnitureFittings 2024-10-01 2025-09-30 NI608977 ns5:MotorVehicles 2024-10-01 2025-09-30 NI608977 ns5:ComputerEquipment 2024-10-01 2025-09-30 NI608977 ns5:NetGoodwill 2024-09-30 NI608977 ns5:NetGoodwill 2025-09-30 NI608977 ns5:NetGoodwill 2024-09-30 NI608977 ns5:LandBuildings 2024-09-30 NI608977 ns5:PlantMachinery 2024-09-30 NI608977 ns5:FurnitureFittings 2024-09-30 NI608977 ns5:LandBuildings 2024-10-01 2025-09-30 NI608977 ns5:LandBuildings 2025-09-30 NI608977 ns5:PlantMachinery 2025-09-30 NI608977 ns5:FurnitureFittings 2025-09-30 NI608977 ns5:LandBuildings 2024-09-30 NI608977 ns5:PlantMachinery 2024-09-30 NI608977 ns5:FurnitureFittings 2024-09-30 NI608977 ns5:MotorVehicles 2024-09-30 NI608977 ns5:ComputerEquipment 2024-09-30 NI608977 ns5:MotorVehicles 2025-09-30 NI608977 ns5:ComputerEquipment 2025-09-30 NI608977 ns5:MotorVehicles 2024-09-30 NI608977 ns5:ComputerEquipment 2024-09-30 NI608977 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 NI608977 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30 NI608977 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-09-30 NI608977 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-09-30

REGISTERED NUMBER: NI608977 (Northern Ireland)

Report of the Directors and

Financial Statements for the Year Ended 30 September 2025

for

Greentown Environmental Ltd

Greentown Environmental Ltd (Registered number: NI608977)

Contents of the Financial Statements

for the Year Ended 30 September 2025

Page |

Company Information | 1 |

Report of the Directors | 2 |

Balance Sheet | 4 |

Notes to the Financial Statements | 5 |

Greentown Environmental Ltd

Company Information

for the Year Ended 30 September 2025

| DIRECTORS: | Mr John-Ross Armstrong

| Mrs Tara Armstrong

| REGISTERED OFFICE: | 63 Marble Arch Road

| Florencecourt

| ENNISKILLEN

| Co. Fermanagh

| BT92 1DE

| REGISTERED NUMBER: | NI608977 (Northern Ireland)

| AUDITORS: | Gildernew & Co Ltd

| Six Northland Row

| DUNGANNON

| Co. Tyrone

| BT71 6AW

Greentown Environmental Ltd (Registered number: NI608977)

Report of the Directors

for the Year Ended 30 September 2025

The directors present their report with the financial statements of the company for the year ended 30 September 2025.

PRINCIPAL ACTIVITY

The principal activity of the company is the provision of landscape and ground maintenance. The company specialises in Tree Surgery & Maintenance, Urban, Rural & Invasive Weed Control, Grounds/Verge Maintenance & Landscaping, Drainage Services, Winter Maintenance, and Line Marking.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 October 2024 to the date of this report.

Mr John-Ross Armstrong

Mrs Tara Armstrong

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then apply them consistently;

- | make judgements and accounting estimates that are reasonable and prudent;

- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Gildernew & Co Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Greentown Environmental Ltd (Registered number: NI608977)

Report of the Directors

for the Year Ended 30 September 2025

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr John-Ross Armstrong - Director

18 June 2026

Greentown Environmental Ltd (Registered number: NI608977)

Balance Sheet

30 September 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 1,000 |  | 1,500 |  |

Tangible assets | 5 | 3,493,246 |  | 2,931,463 |  |

3,494,246 |  | 2,932,963 |  |

CURRENT ASSETS

Stocks | 6 | 342,667 |  | 151,017 |  |

Debtors | 7 | 2,698,919 |  | 2,190,787 |  |

Cash at bank and in hand | 1,317,578 |  | 1,587,142 |  |

4,359,164 |  | 3,928,946 |  |

CREDITORS

Amounts falling due within one year | 8 | 2,009,504 |  | 1,492,724 |  |

NET CURRENT ASSETS | 2,349,660 |  | 2,436,222 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,843,906 |  | 5,369,185 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (819,687 | ) | (711,313 | ) |

PROVISIONS FOR LIABILITIES | (564,320 | ) | (564,363 | ) |

NET ASSETS | 4,459,899 |  | 4,093,509 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 4,459,799 |  | 4,093,409 |  |

SHAREHOLDERS' FUNDS | 4,459,899 |  | 4,093,509 |  |

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 18 June 2026 and were signed on its behalf by:

Mr John-Ross Armstrong - Director

Mrs Tara Armstrong - Director

Greentown Environmental Ltd (Registered number: NI608977)

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Greentown Environmental Ltd is a private company, limited by shares , registered in Northern Ireland. 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 (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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. The financial statements have been prepared under the historical cost convention.

| Preparation of consolidated financial statements

| The financial statements contain information about Greentown Environmental Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Newtate Holdings Limited, 63 Marble Arch Road, Florencecourt, Co. Fermanagh.

| Significant judgements and estimates

| Judgements and key sources of estimation uncertainty are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| There were no critical judgements used in the application of accounting policies and the preparation of the financial statements.

| There were no critical accounting estimates or assumptions used in the application of accounting policies and the preparation of the financial statements.

| Turnover

| Turnover is the amount derived from the provision of services falling within the Company's ordinary activities, excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised on completion of works to customers.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

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

| Freehold property | - | 4% on cost and 2% on cost

| Plant and machinery | - | 20% reducing balance

| Fixtures and fittings | - | 15% reducing balance

| Motor vehicles | - | 25% reducing balance

| Lorries and vans | - | 25% reducing balance

Greentown Environmental Ltd (Registered number: NI608977)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| Stocks

| Stocks are stated at the lower of cost and net realisable value. Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. Work in progress includes labour and attributable overheads.

| Financial instruments

| Financial assets

| Basic financial assets, including trade debtors, other debtors and cash and bank balances are initially recognised at transaction price. At 30 September 2025, the group had only financial assets classified as basic financial instruments.

| Financial assets are derecognised when

| (a) the contractual rights to the cash flows from the asset expire or are settled, or

| (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or

| (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

| Financial liabilities

| Basic financial liabilities, including trade creditors, other creditors and bank loans and overdrafts are initially recognised at transaction price. At 30 September 2025, the company had only financial liabilities classified as basic financial liabilities. Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

| Offsetting

| Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| 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.

Greentown Environmental Ltd (Registered number: NI608977)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Cash

| Cash is represented by cash in hand and deposits with financial institutions.

| Debtors

| Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

| Creditors

| Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

| Provision for liabilities

| A provision is recognised when the company has a legal or constructive obligation as a result of a past event and it is probable that an outflow of economic benefits will be required to settle the obligation. Provisions are reviewed at each balance sheet date and adjusted to reflect the current best estimate. The effect of time value of money is not material and therefore provisions are not discounted.

| Dividends

| Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when they are paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 66 (2024 - 65 ) .

Greentown Environmental Ltd (Registered number: NI608977)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 5,000 |  |

| AMORTISATION

| At 1 October 2024 | 3,500 |  |

| Amortisation for year | 500 |  |

| At 30 September 2025 | 4,000 |  |

| NET BOOK VALUE

| At 30 September 2025 | 1,000 |  |

| At 30 September 2024 | 1,500 |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures

| Freehold |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 October 2024 | 856,072 |  | 3,521,183 |  | 227,074 |  |

| Additions | 628,042 |  | 447,974 |  | 31,517 |  |

| Disposals | - |  | (233,029 | ) | - |  |

| At 30 September 2025 | 1,484,114 |  | 3,736,128 |  | 258,591 |  |

| DEPRECIATION

| At 1 October 2024 | 39,846 |  | 1,806,212 |  | 157,309 |  |

| Charge for year | 25,375 |  | 396,843 |  | 15,232 |  |

| Eliminated on disposal | - |  | (140,336 | ) | - |  |

| At 30 September 2025 | 65,221 |  | 2,062,719 |  | 172,541 |  |

| NET BOOK VALUE

| At 30 September 2025 | 1,418,893 |  | 1,673,409 |  | 86,050 |  |

| At 30 September 2024 | 816,226 |  | 1,714,971 |  | 69,765 |  |

Greentown Environmental Ltd (Registered number: NI608977)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

5. | TANGIBLE FIXED ASSETS - continued

| Motor |  | Lorries |

| vehicles |  | and vans |  | Totals

£ | £ | £ |

| COST

| At 1 October 2024 | 398,272 |  | 564,240 |  | 5,566,841 |  |

| Additions | 99,782 |  | - |  | 1,207,315 |  |

| Disposals | (27,150 | ) | - |  | (260,179 | ) |

| At 30 September 2025 | 470,904 |  | 564,240 |  | 6,513,977 |  |

| DEPRECIATION

| At 1 October 2024 | 210,812 |  | 421,199 |  | 2,635,378 |  |

| Charge for year | 67,205 |  | 35,760 |  | 540,415 |  |

| Eliminated on disposal | (14,726 | ) | - |  | (155,062 | ) |

| At 30 September 2025 | 263,291 |  | 456,959 |  | 3,020,731 |  |

| NET BOOK VALUE

| At 30 September 2025 | 207,613 |  | 107,281 |  | 3,493,246 |  |

| At 30 September 2024 | 187,460 |  | 143,041 |  | 2,931,463 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Work-in-progress | 342,667 |  | 151,017 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 1,936,934 |  | 1,645,121 |  |

| Amounts owed by group undertakings | 107 |  | 160,286 |  |

| Other debtors | 252,656 |  | 195,857 |  |

| Directors' current accounts | 337,137 |  | - |  |

| Social security & other taxes | - |  | 49,371 |  |

| Prepayments and accrued income | 172,085 |  | 140,152 |  |

2,698,919 |  | 2,190,787 |  |

Greentown Environmental Ltd (Registered number: NI608977)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 28,174 |  | 26,280 |  |

| Hire purchase contracts | 356,172 |  | 370,860 |  |

| Trade creditors | 662,781 |  | 440,385 |  |

| Amounts owed to group undertakings | 242,579 |  | - |  |

| Tax | 177,551 |  | 250,083 |  |

| Social security and other taxes | 58,813 |  | - |  |

| VAT | 136,032 |  | 62,483 |  |

| Other creditors | 307,302 |  | 332,540 |  |

| Directors' current accounts | - |  | 2,593 |  |

| Accruals and deferred income | 7,500 |  | 7,500 |  |

| Deferred government grants | 32,600 |  | - |  |

2,009,504 |  | 1,492,724 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 2-5 years | 352,601 |  | - |  |

| Hire purchase contracts | 467,086 |  | 711,313 |  |

819,687 |  | 711,313 |  |

10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| M.G. Gildernew (Senior Statutory Auditor)

| for and on behalf of Gildernew & Co Ltd

11. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Other related party transactions

|  | At 1 October 2024 |  | Loan advances / (repayments | ) | At 30 September 2025 |  |

| £ |  | £ |  | £ |  |

| Debtors |  |

| Related party under common influence from directors |  | 143,012 |  | 290 |  | 143,302 |  |

| Creditors |  |

| Related party under common influence from directors |  | - |  | - |  | - |  |

Greentown Environmental Ltd (Registered number: NI608977)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

12. | ULTIMATE CONTROLLING PARTY

| Newtate Holdings Limited, a company established in Northern Ireland, holds 100% of the equity share capital in Greentown Environmental Ltd, and is the ultimate parent undertaking.

| The ultimate controlling parties are the directors who control the entire equity share capital in Newtate Holdings Limited.