Greenstripe Limited - Filleted accounts

Registered number

04983071

Greenstripe Limited

Filleted Accounts

31 March 2026

Greenstripe Limited
Registered number:		04983071
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		51,571			112,169

Current assets
Stocks		8,403			2,259
Debtors	5	224,327			222,078
Cash at bank and in hand		352,602			236,716
		585,332			461,053

Creditors: amounts falling due within one year	6	(150,872)			(135,320)

Net current assets			434,460			325,733

Total assets less current liabilities			486,031			437,902


Provisions for liabilities			(9,658)			(28,042)


Net assets			476,373			409,860

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			475,373			408,860

Shareholder's funds			476,373			409,860

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J Poole
Director
Approved by the board on 26 August 2026

Greenstripe Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	Over 3-4 years
	Fixtures, fittings, tools and equipment	Over 3 years
	Motor vehicles	Over 3 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			17		17


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2025					42,500
	At 31 March 2026					42,500

	Amortisation
	At 1 April 2025					42,500
	At 31 March 2026					42,500

	Net book value
	At 31 March 2026					-




4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	378,346		247,331		625,677
	Additions	8,249		-		8,249
	At 31 March 2026	386,595		247,331		633,926

	Depreciation
	At 1 April 2025	315,612		197,896		513,508
	Charge for the year	38,897		29,950		68,847
	At 31 March 2026	354,509		227,846		582,355

	Net book value
	At 31 March 2026	32,086		19,485		51,571
	At 31 March 2025	62,734		49,435		112,169


5	Debtors			2026		2025
£					£

	Trade debtors			221,264		218,876
	Other debtors			3,063		3,202
				224,327		222,078


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			15,022		19,255
	Taxation and social security costs			133,650		113,652
	Other creditors			2,200		2,413
				150,872		135,320


7	Controlling party

	The ultimate controlling party is Mr J Poole.


8	Other information

	Greenstripe Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 3 Sealand Nursery
	Deeside Lane
	Sealand
	Chester
	CH1 6DD