GREEN DEMOLITION & REMEDIATION LIMITED

GREEN DEMOLITION & REMEDIATION LIMITED

GREEN DEMOLITION & REMEDIATION LIMITED - Company Information

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GREEN DEMOLITION & REMEDIATION LIMITED

Company Registration Number:
09313071 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2019

Period of accounts

Start date: 01 December 2018

End date: 30 November 2019

GREEN DEMOLITION & REMEDIATION LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2019

Balance sheet
Notes

GREEN DEMOLITION & REMEDIATION LIMITED

Balance sheet

As at 30 November 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 65,253 97,000
Total fixed assets: 65,253 97,000
Current assets
Debtors: 4 10,414 62,620
Cash at bank and in hand: 242,962 36,110
Total current assets: 253,376 98,730
Creditors: amounts falling due within one year: 5 (235,162) (126,125)
Net current assets (liabilities): 18,214 (27,395)
Total assets less current liabilities: 83,467 69,605
Provision for liabilities: (13,480) (13,480)
Total net assets (liabilities): 69,987 56,125
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 69,887 56,025
Shareholders funds: 69,987 56,125

The notes form part of these financial statements

GREEN DEMOLITION & REMEDIATION LIMITED

Balance sheet statements

For the year ending 30 November 2019 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 October 2020
and signed on behalf of the board by:

Name: V Maher
Status: Director

The notes form part of these financial statements

GREEN DEMOLITION & REMEDIATION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.

Turnover policy

Turnover comprises the invoiced value of remediation and waste management services provided by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Plant and machinery - 20% Straight lineMotor vehicles - 25% Reducing balanceFixtures and fittings - 25% Straight line

Other accounting policies

Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.Hire purchase and leasing commitmentsRentals payable under operating leases are charged against income on a straight line basis over the lease term.The finance element of the rental payment is charged to the profit and loss account on a straight line basis.

GREEN DEMOLITION & REMEDIATION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2019

2. Employees

2019 2018
Average number of employees during the period 2 2

GREEN DEMOLITION & REMEDIATION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2019

3. Tangible Assets

Total
Cost £
At 01 December 2018 158,369
At 30 November 2019 158,369
Depreciation
At 01 December 2018 61,369
Charge for year 31,747
At 30 November 2019 93,116
Net book value
At 30 November 2019 65,253
At 30 November 2018 97,000

GREEN DEMOLITION & REMEDIATION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2019

4. Debtors

Trade debtors - £5,834 (2018 - £61,120), Other debtors - £4,580 (2018 - £1,500)

GREEN DEMOLITION & REMEDIATION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2019

5. Creditors: amounts falling due within one year note

Trade creditors - £10,499 (2018 - £6,500)Amounts owed to group undertaking and undertaking in which the company has a participating interest - £129,334 (2018 - £53,705)Taxation and social security - £46,205 (2018 - £7,481)Other creditors - £49,124 (2018 - £58,439)