Company No: 09345553 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Current assets
Debtors
- due within one year	4	196,623		256,124
- due after more than one year	4	20,987		0
Cash at bank and in hand		68,803		97,798
		286,413		353,922
Creditors: amounts falling due within one year	5	( 182,154)		( 311,998)
Net current assets		104,259		41,924
Total assets less current liabilities		104,259		41,924
Net assets		104,259		41,924
Capital and reserves
Called-up share capital		1		1
Profit and loss account		104,258		41,923
Total shareholder's funds		104,259		41,924

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Green Generation Solutions UK Ltd (registered number: 09345553) were approved and authorised for issue by the Board of Directors on 09 August 2026. They were signed on its behalf by:

B H Dockser Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Green Generation Solutions UK Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 45 Gresham Street, London, EC2V 7BG, United Kingdom.

The financial statements have been prepared in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Green Generation Solutions UK Ltd is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The company is reliant on the support of its parent company, which has given its assurance to continue to support the company and as such the accounts have been prepared on the going concern basis.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Prior year adjustment

During the year, the directors identified that certain expenses had been incorrectly classified within cost of sales in the prior year. These costs have now been reclassified to administrative expenses to better reflect the nature of the expenditure and to improve comparability with the current year presentation.

This reclassification has no impact on the reported profit or loss for the year, net assets, or shareholders’ funds.

The effect of the restatement on the prior year profit and loss account is as follows:

		As previously reported		Adjustment		As restated
Year ended 31 December 2024		£		£		£
Cost of sales		727,794		(254,354)		473,440
Administrative expenses		264,312		254,354		518,666

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	6		6

4. Debtors

	2025		2024
	£		£
Debtors: amounts falling due within one year
Trade debtors	160,601		245,320
Amounts owed by Group undertakings	21,355		0
Prepayments	14,507		10,644
Other debtors	160		160
	196,623		256,124
Debtors: amounts falling due after more than one year
Other debtors	20,987		0

On 28 December 2023, the Company entered into a financing arrangement with HSBC Innovation Banking. As security for the facilities provided, the Company granted HSBC Innovation Banking a charge containing fixed charges over certain company assets together with a negative pledge restricting the creation of further security interests without the lender's consent. The charge was registered at Companies House on 11 January 2024 and remained outstanding at the balance sheet date.

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	57,349		34,024
Amounts owed to Group undertakings	0		176,761
Accruals and deferred income	64,944		18,262
Taxation and social security	35,315		68,938
Other creditors	24,546		14,013
	182,154		311,998

6. Related party transactions

Related party transactions with group undertakings have not been disclosed in accordance with the exemption provided by Section 33 of Financial Reporting Standard 102.

7. Ultimate controlling party

The parent undertaking is Green Generation Investors LLC, a company registered in the USA. Consolidated accounts are available from 8120 Woodmont Avenue, Suite 350, Bethesda, Maryland 20814.