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Registered number: 05055089
Greenhouse PR Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Greenhouse PR Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Greenhouse PR Ltd
Balance Sheet
As At 28 February 2026
Balance Sheet
Registered number: 05055089

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 347,113 |  | 377,984
|  |  | 347,113 |  | 377,984
CURRENT ASSETS
Debtors | 5 | 1,240,928 |  | 1,076,011 |
Cash at bank and in hand |  | 1,715,301 |  | 2,549,922 |
|  | 2,956,229 |  | 3,625,933 |
Creditors: Amounts Falling Due Within One Year | 6 | (1,283,531 ) |  | (846,822 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,672,698 |  | 2,779,111
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,019,811 |  | 3,157,095
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (1,066,744 ) |  | -
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (10,070 ) |  | (10,826 )
NET ASSETS |  |  | 942,997 |  | 3,146,269
CAPITAL AND RESERVES
Called up share capital | 8 |  | 2 |  | 2
Share premium account |  |  | 90,000 |  | 90,000
Other reserves |  |  | (366,451 ) |  | -
Profit and Loss Account |  |  | 1,219,446 |  | 3,056,267
SHAREHOLDERS' FUNDS |  |  | 942,997 |  | 3,146,269

Page 1
Page 2
Greenhouse PR Ltd
Balance Sheet (continued)
As At 28 February 2026
For the year ending 28 February 2026 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Anna Guyer Director
13/07/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Greenhouse PR Ltd
Notes to the Financial Statements
For The Year Ended 28 February 2026
Notes to the Financial Statements
1. General Information
The company is a private company, limited by share capital, incorporated in England & Wales, registered number 05055089 .
The address of the registered office is 3rd Floor, Unit 32 St Thomas Court, Thomas Lane, Bristol, BS1 6JG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The principal accounting policies applied in the preparation of these financial statements are set out below and have been consistently applied to all the years presented, unless otherwise stated.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
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.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, other sales taxes, rebates and discounts.
When providing services turnover is usually recognised on completion of the service and for monthly engagements it is recognised by reference to stage of completion at the Balance Sheet date.
2.4. Tangible Fixed Assets and Depreciation
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 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:

Leasehold Improvements | Over the term of the lease
Long Leasehold | 2% on cost
Plant & Machinery | 33% straight line
Fixtures & Fittings | 33% straight line
Computer Equipment | 33% straight line

2.5. Foreign Currencies
Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into sterling at the rates prevailing on the reporting period date.
2.6. Taxation
The tax expense for the period comprises current and deferred 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.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.
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Greenhouse PR Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
2.7. Pensions
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.The company contributes to a defined contribution pension scheme.Contributions payable to the scheme are charged to the profit and loss account in the period to which they relate.
2.8. Trade Debtors and Trade Creditors
Trade debtors are amounts due from customers for services performed in the ordinary course of business.Trade debtors are recognised initially at the transaction price.They are subsequently measured at transaction price 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 are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.Trade creditors are recognised initially at the transaction price.These creditors 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.
2.9. Provisions
Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
2.10. Leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
2.11. Employee Ownership Trust
Distributions to Greenhouse Employee Ownership Trust are accounted for when paid.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 56 (2025: 54)
56 54
4. Tangible Assets

| Land & Property
--- | ---
| Long Leasehold | Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 March 2025 | 639,506 | 18,778 | 188,691 | 109,677 | 956,652
Additions | - | - | 10,673 | 10,051 | 20,724
As at 28 February 2026 | 639,506 | 18,778 | 199,364 | 119,728 | 977,376
Depreciation
As at 1 March 2025 | 285,113 | 18,777 | 182,490 | 92,288 | 578,668
Provided during the period | 31,265 | - | 6,835 | 13,495 | 51,595
As at 28 February 2026 | 316,378 | 18,777 | 189,325 | 105,783 | 630,263
Net Book Value
As at 28 February 2026 | 323,128 | 1 | 10,039 | 13,945 | 347,113
As at 1 March 2025 | 354,393 | 1 | 6,201 | 17,389 | 377,984

Included within the net book value of land and buildings above is £274,551 (2024 - £280,934) in respect of long leasehold land and buildings.
Page 4
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Greenhouse PR Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
5. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 851,424 |  | 911,177
Prepayments and accrued income | 369,907 |  | 153,576
Other debtors | 17,437 |  | 11,258
Directors' loan accounts | 2,160 |  | -
| 1,240,928 |  | 1,076,011

6. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 150,328 |  | 149,612
Bank loans and overdrafts | 267,043 |  | -
Corporation tax | 271,941 |  | 144,816
Other taxes and social security | 95,118 |  | 76,921
VAT | 5,888 |  | 79,499
Other creditors | 28,089 |  | 26,121
Accruals and deferred income | 465,124 |  | 369,775
Directors' loan accounts | - |  | 78
| 1,283,531 |  | 846,822

7. Creditors: Amounts Falling Due After More Than One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Bank loans | 1,066,744 |  | -

On 5th June 2025, Triodos Bank UK Limited granted a loan to the company of £1,500,000. The loan is repayable over 60 months and the interest rate payable is 8.25%
At the Balance Sheet date £1,333,787 (2025 nil) was outstanding; £267,043 due within one year and £1,066,744 due after more than one year.
On 5 June 2025, the company granted two registered fixed and floating charges, each including a negative pledge: one in favour of Triodos Bank UK Limited, securing banking facilities and covering substantially all company assets (registered on 11 June 2025); and another in favour of Anna Rosemary Guyer and Matthew Richard Guyer as security trustees, securing obligations under a share purchase agreement, also registered on 11 June 2025.
8. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

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Page 6
Greenhouse PR Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 March 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 28 February 2026
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mrs Anna Guyer | (78 ) | 2,238 | - | - | 2,160

The above loan is unsecured, interest free and repayable on demand.
10. Related Party Transactions
At the Balance Sheet date the company was owed £2,160 by Mrs A Guyer which was repaid on 31st March 2026 (2025 £78 was owed to Mrs A Guyer)
At the Balance Sheet date the company was owed £5,908 by Greenhouse Communications Holdings Limited, a company which owned 100% of the share capital of Greenhouse PR Ltd (2025 £751 and 64.52% share holding)
11. Ultimate Controlling Party
The Company is owned by Greenhouse Trustees Limited as trustee on behalf of Greenhouse Employee Ownership Trust.
Greenhouse Employee Ownership Trust is the controlling party.
12. Employee Ownership Trust
On 5th June 2025, 100% of the issued share capital of the company was acquired by GreenhouseTrustees Limited on behalf of Greenhouse Employee Ownership Trust.
During the year distributions of £366,451 were made by the company to the Trust.
The company expects to make future distributions to the Trust in accordance with the terms of the Share Purchase Agreement dated 5th June 2025.
Page 6