Greentree Mobile Showers UK Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Greentree Mobile Showers UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10664227 . The registered office is Yard 4 10 Acre Barbers Field, Evercreech Junction Industrial Estate, Shepton Mallet, Somerset, BA4 6NA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not depreciated
Plant & Machinery	10% SL
Motor Vehicles	20% SL
Fixtures & Fittings	12.5% SL

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Greentree Mobile Showers UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 4)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost or Valuation
As at 1 January 2025	65,368	1,119,292	55,389	21,009	1,261,058
Additions	84,406	242,796	95,929	3,082	426,213
Disposals	-	(8,976 )	(39,440 )	(3,591 )	(52,007 )
Revaluation	-	(66,804 )	-	-	(66,804 )

As at 31 December 2025	149,774	1,286,308	111,878	20,500	1,568,460

Depreciation
As at 1 January 2025	-	200,650	45,339	6,468	252,457
Provided during the period	-	60,615	6,388	2,562	69,565
Disposals	-	(5,380 )	(35,769 )	(1,387 )	(42,536 )
On revaluations	-	(255,885 )	-	-	(255,885 )

As at 31 December 2025	-	-	15,958	7,643	23,601

Net Book Value
As at 31 December 2025	149,774	1,286,308	95,920	12,857	1,544,859

As at 1 January 2025	65,368	918,642	10,050	14,541	1,008,601

If the following tangible fixed assets had been accounted for under historical cost accounting rules, the amounts would be:

	Plant & Machinery
	£
Cost	1,065,224
Accumulated depreciation and impairment	282,861

Carrying amount	782,363

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Greentree Mobile Showers UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	101,133	111,102
Other debtors	10,038	-

	111,171	111,102

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	25,565	-
Trade creditors	195,472	117,474
Other loans	6,280	16,280
Amounts owed to group undertakings	-	241,981
Other creditors	15,150	20,493
Taxation and social security	16,925	87,110

	259,392	483,338

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	54,861	-
Amounts owed to participating interests	259,617	-

	314,478	-

8. Secured Creditors

Of the creditors the following amounts are secured, on the assets to which they relate:

	2025		2024
	£		£
Net obligations under finance lease and hire purchase contracts	80,426		-

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	25,565	-
Later than one year and not later than five years	54,861	-

	80,426	-

	80,426	-

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Greentree Mobile Showers UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	30,450	-
Later than one year and not later than five years	2,538	-

	32,988	-

12. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 January 2025	287,887	253,717
Profit for year	-	137,381

Surplus on revaluation	189,081	-

Other comprehensive income for the year	189,081	-

Total comprehensive income for the year	189,081	137,381

Transfer from revaluation reserve	-	47,270
Transfer to/from Profit & Loss Account	(47,270 )	-

As at 31 December 2025	429,698	438,368

13. Transition to FRS 102

During the year ended 31 December 2025, the company transitioned from preparing its financial statements under FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime to FRS 102 Section 1A Small Entities.

The transition has been accounted for in accordance with the first-time adoption provisions of FRS 102. As part of the transition process, the company assessed the recognition and measurement requirements of FRS 102 and identified that a provision for deferred taxation was required in respect of timing differences existing at the date of transition.

As deferred tax is not recognised under FRS 105, no deferred tax provision was previously recorded. The recognition of deferred tax on transition resulted in a reduction in opening reserves at 1 January 2024 of £84,669, with a corresponding deferred tax liability recognised within creditors.

The impact of the transition on shareholders' funds was as follows:

Retained earnings under FRS 105 at 1 January 2024 £173,294, less recognition of deferred tax liability on transition of £84,669, resulting in restated retained earnings under FRS 102 at 1 January 2024 £88,625

In addition, the comparative profit for the year ended 31 December 2024 has been restated to reflect the deferred tax charge required under FRS 102. As a result, profit after tax for the year ended 31 December 2024 decreased by £37.760, representing the deferred tax expense arising on timing differences. The corresponding deferred tax liability has been included within liabilites at 31 December 2024.

The adoption of FRS 102 had no material impact on the company's profit for the year ended 31 December 2025 other than the recognition of deferred tax movements required under FRS 102.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,544,859		1,008,601

			1,544,859		1,008,601
CURRENT ASSETS
Debtors	5	111,171		111,102
Cash at bank and in hand		459		29,474

		111,630		140,576
Creditors: Amounts Falling Due Within One Year	6	(259,392 )		(483,338 )

NET CURRENT ASSETS (LIABILITIES)			(147,762 )		(342,762 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,397,097		665,839

Creditors: Amounts Falling Due After More Than One Year	7		(314,478 )		-

PROVISIONS FOR LIABILITIES
Deferred Taxation			(214,453 )		(124,135 )

NET ASSETS			868,166		541,704

CAPITAL AND RESERVES
Called up share capital	10		100		100
Revaluation reserve	12		429,698		287,887
Profit and Loss Account			438,368		253,717

SHAREHOLDERS' FUNDS			868,166		541,704