Green Cross Training Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC139237 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Green Cross Training Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Benedetti

G Law

F Benedetti

REGISTERED OFFICE:

Clyde Offices

48 West George Streeet

2nd Floor

Glasgow

G2 1BP

REGISTERED NUMBER:

SC139237 (Scotland)

ACCOUNTANTS:

Advantage Accounting (Scotland) Ltd

Pavilion 2

Finnieston Business Park

Minerva Way

Glasgow

G3 8AU

FIXED ASSETS

Intangible assets

4

6,287

10,667

Tangible assets

5

1,150

3,952

7,437

14,619

CURRENT ASSETS

Debtors

6

217,376

266,697

Cash at bank and in hand

44,229

56,409

261,605

323,106

CREDITORS

Amounts falling due within one year

7

435,285

852,955

NET CURRENT LIABILITIES

(173,680

)

(529,849

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(166,243

)

(515,230

)

CREDITORS

Amounts falling due after more than one
year

8

851,366

605,881

NET LIABILITIES

(1,017,609

)

(1,121,111

)

CAPITAL AND RESERVES

Called up share capital

483,000

Share premium

26,500

Capital redemption reserve

72,000

Retained earnings

(1,599,109

)

(1,702,611

)

SHAREHOLDERS' FUNDS

(1,017,609

)

(1,121,111

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

G Law - Director

1.	STATUTORY INFORMATION

Green Cross Training Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

50% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The accounts are prepared on a going concern basis. The company has net liabilities at the balance sheet date. The director and sole shareholder, intends to continue to support the company for not less than 12 months from the balance sheet date.

The directors are satisfied that these events do not affect the company's ability to continue as a going concern and this basis is appropriate for the preparation of the accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

COST

At 1 January 2025

and 31 December 2025

371,056

13,138

384,194

AMORTISATION

At 1 January 2025

371,056

2,471

373,527

Charge for year

-

4,380

At 31 December 2025

371,056

6,851

377,907

NET BOOK VALUE

At 31 December 2025

-

6,287

At 31 December 2024

-

10,667

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

310,077

Additions

1,602

Disposals

(132,508

)

At 31 December 2025

179,171

DEPRECIATION

At 1 January 2025

306,125

Charge for year

4,404

Eliminated on disposal

(132,508

)

At 31 December 2025

178,021

NET BOOK VALUE

At 31 December 2025

1,150

At 31 December 2024

3,952

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

200,027

251,335

Other debtors

17,349

15,362

217,376

266,697

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

47,105

173,550

Trade creditors

45,290

110,717

Taxation and social security

220,837

302,634

Other creditors

122,053

266,054

435,285

852,955

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Bank loans

10,526

57,631

Other creditors

840,840

548,250

851,366

605,881

9.	SECURED DEBTS

Other loans are secured by a floating charge over all assets of the company.

Included within other creditors is a loan of £66,321 (2024 - £187,379) secured against trade debtors.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

G Benedetti

Balance outstanding at start of year

-

28,858

Amounts advanced

61,352

17,891

Amounts repaid

(61,352

)

(46,749

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

11.	RELATED PARTY DISCLOSURES

In 2024, the directors took the decision to write off an unrecoverable intercompany loan due to the company of £369,544 from Green Cross Medico Ltd, a UK registered company under common control.

At the balance sheet date the company was owed £Nil (2024 - £Nil) from Green Cross Medico Ltd.

The loan previously provided to Green Cross Medico Ltd was provided on an unsecured basis, interest free and had no fixed terms of repayment.

During the year the company received advances of £233,000 (2024 - £555,000) from a related party within the close family group of one or more of the directors. The advances are unsecured, interest free and repayable at the borrowers discretion.