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Company Registration No. 12861714 (England and Wales)
Green Hat People UK Limited Unaudited accounts for the year ended 31 December 2025
Green Hat People UK Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Green Hat People UK Limited Company Information for the year ended 31 December 2025
Director
Erik Sandgren
Company Number
12861714 (England and Wales)
Registered Office
Suit 1-3 The Hop Exchange 24 Southwark Street London SE1 1TY United Kingdom
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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Green Hat People UK Limited Accountants' report
Accountants' report to the director of Green Hat People UK Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Green Hat People UK Limited for the year ended 31 December 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Green Hat People UK Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Green Hat People UK Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Green Hat People UK Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Green Hat People UK Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Green Hat People UK Limited. You consider that Green Hat People UK Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Green Hat People UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY 8 July 2026
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Green Hat People UK Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
461 
1,046 
Current assets
Debtors
5
105,550 
48,129 
Cash at bank and in hand
24,740 
38,804 
130,290 
86,933 
Creditors: amounts falling due within one year
6
(76,065)
(41,932)
Net current assets
54,225 
45,001 
Net assets
54,686 
46,047 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
53,686 
45,047 
Shareholders' funds
54,686 
46,047 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 8 July 2026 and were signed on its behalf by
Erik Sandgren Director Company Registration No. 12861714
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Green Hat People UK Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Green Hat People UK Limited is a private company, limited by shares, registered in England and Wales, registration number 12861714. The registered office is Suit 1-3 The Hop Exchange, 24 Southwark Street, London, SE1 1TY, United Kingdom.
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.
Principal activity
The principal activity of the company during the year was the development and provision of software solutions for both business and domestic users. There has been no material change in the nature of the company's activities during the year.
Basis of preparation
The financial statements have been prepared in accordance with FRS 102 Section 1A Small Entities and under the historical cost convention.
Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Foreign currency
Transactions in foreign currencies are translated at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities are translated at year-end rates. Exchange differences are recognised in profit or loss.
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:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
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Green Hat People UK Limited Notes to the Accounts for the year ended 31 December 2025
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors, cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2025
421 
2,520 
2,941 
At 31 December 2025
421 
2,520 
2,941 
Depreciation
At 1 January 2025
368 
1,527 
1,895 
Charge for the year
53 
532 
585 
At 31 December 2025
421 
2,059 
2,480 
Net book value
At 31 December 2025
- 
461 
461 
At 31 December 2024
53 
993 
1,046 
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Green Hat People UK Limited Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
83,209 
21,286 
Amounts due from group undertakings etc.
- 
2,548 
Accrued income and prepayments
2,770 
2,948 
Other debtors
19,571 
21,347 
105,550 
48,129 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
2,560 
6,010 
Trade creditors
71,633 
32,332 
Taxes and social security
- 
544 
Loans from directors
624 
312 
Accruals
1,248 
2,734 
76,065 
41,932 
7
Transactions with related parties
The company has taken advantage of the exemption permitted under Section 33.1A from disclosing transactions with the parent and fellow subsidiary companies.
8
Controlling party
Green Hat People UK Limited is wholly controlled by Green Hat People AB, a company incorporated in Sweden.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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