Company Registration No. 14958157 (England and Wales)
L & V Greenhill Ltd
Unaudited accounts
for the year ended 31 August 2025
L & V Greenhill Ltd
Unaudited accounts
Contents
L & V Greenhill Ltd
Company Information
for the year ended 31 August 2025
Directors
Lewis Greenhill
Victoria Greenhill
Company Number
14958157 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
England
Accountants
Wellington Consulting Ltd
Rural Enterprise Centre
Vincent Carey Road
Office 34
Hereford
Herefordshire
HR2 6FE
L & V Greenhill Ltd
Statement of financial position
as at 31 August 2025
Intangible assets
28,000
31,500
Tangible assets
45,672
60,895
Cash at bank and in hand
20,392
28,294
Creditors: amounts falling due within one year
(34,543)
(23,679)
Net current assets
4,778
16,356
Total assets less current liabilities
78,450
108,751
Creditors: amounts falling due after more than one year
(99,470)
(126,885)
Net liabilities
(21,020)
(18,134)
Called up share capital
100
100
Profit and loss account
(21,120)
(18,234)
Shareholders' funds
(21,020)
(18,134)
For the 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. 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 June 2026 and were signed on its behalf by
Victoria Greenhill
Director
Company Registration No. 14958157
L & V Greenhill Ltd
Notes to the Accounts
for the year ended 31 August 2025
L & V Greenhill Ltd is a private company, limited by shares, registered in England and Wales, registration number 14958157. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
L & V Greenhill Ltd
Notes to the Accounts
for the year ended 31 August 2025
4
Intangible fixed assets
Other
At 1 September 2024
35,000
The franchise fee represents the cost of acquiring the rights to operate under a franchise agreement. The fee is capitalised as an intangible fixed asset and amortised on a straight-line basis over the useful economic life of the agreement, which is 10 years.
Amortisation is charged to the profit and loss account.
5
Tangible fixed assets
Motor vehicles
At 1 September 2024
76,118
At 1 September 2024
15,223
Charge for the year
15,223
Amounts falling due within one year
Accrued income and prepayments
4,501
998
L & V Greenhill Ltd
Notes to the Accounts
for the year ended 31 August 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,685
5,685
Trade creditors
15,955
723
Taxes and social security
97
5,394
Loans from directors
9,522
9,152
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
66,759
88,350
9
Average number of employees
During the year the average number of employees was 3 (2024: 2).