Greenco Building Materials Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08330352 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Greenco Building Materials Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Z X Lin

REGISTERED OFFICE:

4th Floor

30 Charing Cross Road

London

W1D 6QQ

REGISTERED NUMBER:

08330352 (England and Wales)

ACCOUNTANTS:

L&W Accountants Limited

30 Charing Cross Road

London

WC2H 0DE

FIXED ASSETS

Intangible assets

4

527

Tangible assets

5

1,120,000

1,120,527

CURRENT ASSETS

Cash at bank and in hand

79,668

70,475

CREDITORS

Amounts falling due within one year

6

890,820

1,018,602

NET CURRENT LIABILITIES

(811,152

)

(948,127

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

309,375

172,400

PROVISIONS FOR LIABILITIES

7

30,910

NET ASSETS

278,465

141,490

CAPITAL AND RESERVES

Called up share capital

8

100,000

Retained earnings

9

178,465

41,490

SHAREHOLDERS' FUNDS

278,465

141,490

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 director acknowledges his 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 director and authorised for issue on 23 September 2026 and were signed by:

Z X Lin - Director

1.	STATUTORY INFORMATION

Greenco Building Materials Limited is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

527

NET BOOK VALUE

At 31 December 2025

527

At 31 December 2024

527

5.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

1,120,000

NET BOOK VALUE

At 31 December 2025

1,120,000

At 31 December 2024

1,120,000

Included in cost or valuation of land and buildings is freehold land of £ 1,120,000 (2024 - £ 1,120,000 ) which is not depreciated.

Cost or valuation at 31 December 2025 is represented by:

Freehold

property

£

Valuation in 2025

1,120,000

If follwoing historical cost had not been revalued they would have been included at the following historical cost:

31.12.25

31.12.24

£

Cost

1,120,000

Aggregate depreciation

-

4,570

Value of land in freehold land and buildings

1,120,000

Freehold Land and building was valued on an open market basis on 31 December 2025 by Company Director .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

-

8,828

Tax

44,221

13,657

Directors' current accounts

846,563

988,468

Accrued expenses

36

7,649

890,820

1,018,602

7.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

Deferred tax

Other timing differences

5,700

Deferred tax

25,210

30,910

Deferred

tax

£

Balance at 1 January 2025

30,910

Balance at 31 December 2025

30,910

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

100,000

Ordinary

1

100,000

9.

RESERVES

Retained

earnings

£

At 1 January 2025

41,490

Profit for the year

136,975

At 31 December 2025

178,465