Company Registration No. SC181938 (Scotland)
Greentech (Sportsturf) Limited
Unaudited accounts
for the year ended 30 November 2025
Greentech (Sportsturf) Limited
Unaudited accounts
Contents
Greentech (Sportsturf) Limited
Company Information
for the year ended 30 November 2025
Directors
D Cheape
G Leonard
R Melling
Company Number
SC181938 (Scotland)
Registered Office
BLOCK 5 UNIT 1
BANDEATH INDUSTRIAL ESTATE THROSK
STIRLING
FK7 7NP
Accountants
Braes Accountancy Limited
Ironworks Business Centre
Castlelaurie Industrial Estate
Falkirk
Stirlingshire
FK2 7XE
Greentech (Sportsturf) Limited
Statement of financial position
as at 30 November 2025
Tangible assets
494,728
614,368
Inventories
80,479
101,859
Cash at bank and in hand
477,402
625,730
Creditors: amounts falling due within one year
(607,982)
(963,177)
Net current assets
324,085
189,360
Total assets less current liabilities
818,813
803,728
Creditors: amounts falling due after more than one year
(153,039)
(224,948)
Provisions for liabilities
Deferred tax
(138,868)
(138,868)
Net assets
526,906
439,912
Profit and loss account
523,906
436,912
Shareholders' funds
526,906
439,912
For the year ending 30 November 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 24 August 2026 and were signed on its behalf by
D Cheape
Director
Company Registration No. SC181938
Greentech (Sportsturf) Limited
Notes to the Accounts
for the year ended 30 November 2025
Greentech (Sportsturf) Limited is a private company, limited by shares, registered in Scotland, registration number SC181938. The registered office is BLOCK 5 UNIT 1, BANDEATH INDUSTRIAL ESTATE THROSK, STIRLING, FK7 7NP.
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.
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:
Land & buildings
2% Reducing Balance
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2024
1,445,490
719,323
2,164,813
Additions
7,847
16,257
24,104
At 30 November 2025
1,453,337
735,580
2,188,917
At 1 December 2024
1,012,258
538,187
1,550,445
Charge for the year
75,492
30,362
105,854
Surplus on revaluation
37,890
-
37,890
At 30 November 2025
1,125,640
568,549
1,694,189
At 30 November 2025
327,697
167,031
494,728
At 30 November 2024
433,232
181,136
614,368
Greentech (Sportsturf) Limited
Notes to the Accounts
for the year ended 30 November 2025
Amounts falling due within one year
Trade debtors
372,523
420,324
Accrued income and prepayments
1,663
1,087
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
10,000
Obligations under finance leases and hire purchase contracts
88,116
88,116
Trade creditors
190,182
486,386
Taxes and social security
150,900
42,532
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
139,173
211,082
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Transactions with related parties
On 3 August 2021, 100% of the issued share capital of Greentech (Sportsturf) Limited was sold and the company is now an ‘employee owned’company. To achieve this aim, a new trustee company named Greentech EOT Limited (‘EOT’ was incorporated).
The funding of this transaction was achieved through loans from the majority shareholders of £1,031,000 . These loans are held with the EOT, however, the funding of the repayments of these loans is intended to be made by Greentech (Sportsturf) Limited. These loans were repaid in full, including interest, during the financial year ended 30 November 2024. Payments made to the EOT in relation to these loans during the year amounted to £108,500 (2023 – £187,500).
Payments to the EOT have been disclosed as gifts of profits from the company. Disclosure is made through the Statement of Changes in Equity at page 12 and is not tax deductible.
It has been determined that the EOT has the legal and beneficial ownership of the shares of Greentech (Sportsturf) Limited as a result of the influence that it has over the future decisions of the company. As a result of this fact, the above mentioned loans have not been recognised as a liability within the Greentech (Sportsturf) Limited financial statements.
Dividends of nil (2023- nil) were paid to the directors and members of their close families during the year.
No other transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard for Smaller Entities (effective April 2008).
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Average number of employees
During the year the average number of employees was 16 (2024: 16).