Company No: 09680886 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Unaudited Financial Statements

DIRECTOR	D C Gilbert
REGISTERED OFFICE	Lowin House
	Tregolls Road
	Truro
	United Kingdom
COMPANY NUMBER	09680886(England and Wales)
ACCOUNTANT	Francis Clark LLP
	Lowin House
	Tregolls Road
	Truro
	TR1 2NA

		2021		2020
	Note	£		£
Fixed assets
Tangible assets	3	3,395		0
		3,395		0
Current assets
Debtors	4	2,430		32,217
Cash at bank and in hand		47,652		502
		50,082		32,719
Creditors
Amounts falling due within one year	5	( 4,241)		( 4,121)
Net current assets		45,841		28,598
Total assets less current liabilities		49,236		28,598
Provisions for liabilities		( 645)		0
Net assets		48,591		28,598
Capital and reserves
Called-up share capital		1		1
Profit and loss account		48,590		28,597
Total shareholder's funds		48,591		28,598

For the financial year ending 31 January 2021 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Green Agent Limited (registered number: 09680886) were approved and authorised for issue by the Director on 29 October 2021. They were signed on its behalf by:

D C Gilbert Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year.

General information and basis of accounting

Green Agent Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council.

The functional currency of Green Agent Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Turnover

Turnover is stated net of VAT and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line,reducing balance] basis over its expected useful life, as follows:

Fixtures and Fittings 20% reducing balance.

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2021		2020
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Tangible assets

	Plant and machinery etc		Total
	£		£
Cost
At 01 February 2020	0		0
Additions	3,976		3,976
At 31 January 2021	3,976		3,976
Accumulated depreciation
At 01 February 2020	0		0
Charge for the financial year	581		581
At 31 January 2021	581		581
Net book value
At 31 January 2021	3,395		3,395
At 31 January 2020	0		0

4. Debtors

	2021		2020
	£		£
Trade debtors	706		13,001
Corporation tax	1,292		5,321
Other debtors	432		13,895
	2,430		32,217

5. Creditors: amounts falling due within one year

	2021		2020
	£		£
Other creditors	4,241		4,121