Greensync Limited - Accounts to registrar (filleted) - small 22.3

Greensync Limited - Accounts to registrar (filleted) - small 22.3

GREENSYNC LIMITED - Company Information

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REGISTERED NUMBER: 08069731 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2022

FOR

GREENSYNC LIMITED
GREENSYNC LIMITED (REGISTERED NUMBER: 08069731)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


GREENSYNC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2022







DIRECTORS: Mr S Green
Mrs R F Green





SECRETARY: Mrs R F Green





REGISTERED OFFICE: 23 Linden Avenue
Darlington
Co. Durham
DL3 8PS





REGISTERED NUMBER: 08069731 (England and Wales)





ACCOUNTANTS: Lyons & Co Ltd
23 Yarm Road
Stockton on Tees
TS18 3NJ
Page 1
GREENSYNC LIMITED (REGISTERED NUMBER: 08069731)

ABRIDGED BALANCE SHEET
31 MAY 2022

31/5/22 31/5/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,830 2,731
Investment property 5 192,725 192,725
194,555 195,456

CURRENT ASSETS
Debtors 5,436 27,450
Cash at bank 121,241 130,646
126,677 158,096
CREDITORS
Amounts falling due within one year 24,907 38,944
NET CURRENT ASSETS 101,770 119,152
TOTAL ASSETS LESS CURRENT
LIABILITIES
296,325
314,608

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 296,225 314,508
SHAREHOLDERS' FUNDS 296,325 314,608

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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 notes form part of these financial statements

Page 2 continued...
GREENSYNC LIMITED (REGISTERED NUMBER: 08069731)

ABRIDGED BALANCE SHEET - continued
31 MAY 2022


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 February 2023 and were signed on its behalf by:





Mr S Green - Director


The notes form part of these financial statements

Page 3
GREENSYNC LIMITED (REGISTERED NUMBER: 08069731)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2022

1. STATUTORY INFORMATION

Greensync 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2021
and 31 May 2022 18,442
DEPRECIATION
At 1 June 2021 15,711
Charge for year 901
At 31 May 2022 16,612
NET BOOK VALUE
At 31 May 2022 1,830
At 31 May 2021 2,731

Page 4 continued...
GREENSYNC LIMITED (REGISTERED NUMBER: 08069731)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2022

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2021
and 31 May 2022 192,725
NET BOOK VALUE
At 31 May 2022 192,725
At 31 May 2021 192,725

6. ULTIMATE CONTROLLING PARTY

The controlling party is Mr S Green.

Page 5