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Company Registration No. 14402704 (England and Wales)
Green Tech Automotive Ltd Unaudited accounts for the year ended 31 October 2025
Green Tech Automotive Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Green Tech Automotive Ltd Company Information for the year ended 31 October 2025
Directors
Alan Lubinsky David Conza
Company Number
14402704 (England and Wales)
Registered Office
Green Tech Tradewinds House Heath Place Bognor Regis West Sussex PO22 9SL England
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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Green Tech Automotive Ltd Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
136,156
167,834
Current assets
Inventories
185,709
166,751
Debtors
5
95,769
100,919
Cash at bank and in hand
3,338
24,831
284,816
292,501
Creditors: amounts falling due within one year
6
(15,252)
(134,953)
Net current assets
269,564
157,548
Total assets less current liabilities
405,720
325,382
Creditors: amounts falling due after more than one year
7
(5,093,049)
(2,355,349)
Provisions for liabilities
Deferred tax
(25,870)
(31,889)
Net liabilities
(4,713,199)
(2,061,856)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(4,713,200)
(2,061,857)
Shareholders' funds
(4,713,199)
(2,061,856)
For the year ending 31 October 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 14 July 2026 and were signed on its behalf by
Alan Lubinsky Director Company Registration No. 14402704
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Green Tech Automotive Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Green Tech Automotive Ltd is a private company, limited by shares, registered in England and Wales, registration number 14402704. The registered office is Green Tech, Tradewinds House, Heath Place, Bognor Regis, West Sussex, PO22 9SL, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% per annum reducing balance
Fixtures & fittings
15% per annum reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2024
200,158
9,068
209,226
Additions
1,507
351
1,858
At 31 October 2025
201,665
9,419
211,084
Depreciation
At 1 November 2024
40,032
1,360
41,392
Charge for the year
32,327
1,209
33,536
At 31 October 2025
72,359
2,569
74,928
Net book value
At 31 October 2025
129,306
6,850
136,156
At 31 October 2024
160,126
7,708
167,834
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Green Tech Automotive Ltd Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
18,207
67,174
Trade debtors
62,359
18,543
Other debtors
15,203
15,202
95,769
100,919
6
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
-
89,366
Taxes and social security
10,752
41,087
Accruals
4,500
4,500
15,252
134,953
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Amounts owed to group undertakings and other participating interests
4,943,059
2,355,349
Other creditors
149,990
-
5,093,049
2,355,349
8
Transactions with related parties
During the year AC Cars (England) Ltd, a company in which Mr Lubinsky and Mr Conza are directors, has loaned a sum of £2587710 (2023; £2274545). Owing at the year end £4943059 (2024: £2355349).
9
Controlling party
The ultimate controlling party during the period was AC Cars (England) Ltd. AC Cars (England) Ltd holds 100% of the issued share capital and is deemed the ultimate controlling party.
10
Average number of employees
During the year the average number of employees was 31 (2024: 31).
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