Registrar

Registration number: 08271721

Green Compass Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

Green Compass Ltd

Company Information

Directors

G Green J A Clapson S F Hitchcock

Registered office

3 Warners Mill Silks Way Braintree Essex United Kingdom CM7 3GB

Bankers

Barclays Bank Plc Wolverhampton Queen Square Leicester Leicestershire LE87 2BB

Accountants

Lambert Chapman LLP Chartered accountants3 Warners Mill Silks Way Braintree Essex CM7 3GB

Green Compass Ltd

(Registration number: 08271721)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	791	931
Investment property	5	-	350,000
		791	350,931
Current assets
Debtors	6	-	841
Cash at bank and in hand		69,667	47,799
		69,667	48,640
Creditors: Amounts falling due within one year	7	(5,414)	(305,324)
Net current assets/(liabilities)		64,253	(256,684)
Total assets less current liabilities		65,044	94,247
Provisions for liabilities		(150)	(8,777)
Net assets		64,894	85,470
Capital and reserves
Called up share capital	8	300	300
Retained earnings		64,594	85,170
Shareholders' funds		64,894	85,470

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 July 2026 and signed on its behalf by:
 

S F Hitchcock
Director

Green Compass Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 3 Warners Mill, Silks Way, Braintree, Essex, CM7 3GB, United Kingdom.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable of rental income from the investment property.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tax

Current Tax is recognised in the profit and loss account, 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.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost or valuation of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% Reducing Balance

Green Compass Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Investment property

Investment property is carried at fair value, derived from the current market price at the time of purchase by the directors. Market price will be determined annually by the directors, adjusted if necessary for any change in nature, location or condition of the specific asset. Changes in fair value will be recognised in the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from tenants for rental of the investment property.

Trade creditors

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 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.

Share capital

Ordinary shares are classified as equity.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 November 2024	1,200	1,200
At 31 October 2025	1,200	1,200
Depreciation
At 1 November 2024	269	269
Charge for the year	140	140
At 31 October 2025	409	409
Carrying amount
At 31 October 2025	791	791
At 31 October 2024	931	931

Green Compass Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

5	Investment properties

	2025 £
At 1 November 2024	350,000
Disposals	(350,000)
At 31 October 2025	-

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined by the directors annually.

There has been no valuation of investment property by an independent valuer.

6

Debtors

	2025 £	2024 £
Other debtors	-	50
Prepayments	-	791
	-	841

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	4,354	-
Directors loan	-	304,439
Accruals and deferred income	1,060	885
	5,414	305,324

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary share capital of £1 each	300	300	300	300