Green Grid Innovations Ltd,Ltd - AccountsLtd - Accounts
Green Grid Innovations Ltd,Ltd - AccountsLtd - Accounts
| Registered Number:12598032 |
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2023
Green Grid Innovations Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
| Registered Number : |
| As at |
Green Grid Innovations Ltd
Statement of Financial Position
| £ |
| £ |
2022
2023
| Notes |
| Fixed assets |
| Property, plant and equipment |
2
| Current assets |
| Inventories |
3
| Trade and other receivables |
4
| Cash and cash equivalents |
| Trade and other payables: amounts falling due within one |
| year |
(5,558 )
(7,446 )
5
168
Net current assets
| Total assets less current liabilities |
| Trade and other payables: amounts falling due after more |
| than one year |
(79,500 )
6
(75,896 )
Net assets/liabilities
| Capital and reserves |
| Called up share capital |
| Retained earnings |
(76,896 )
(305 )
(75,896 )
Shareholders' funds
| 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| These financial statements were approved and authorised for issue by the Board on |
| The notes form part of these financial statements |
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4
For the year ended 31 May 2023
Green Grid Innovations Ltd
Notes to the Financial Statements
Statutory Information
| Green Grid Innovations Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 12598032. |
| Registered address: |
Unit 5 Vantage Park Vantage Drive
Tinsley
Sheffield
South Yorkshire
S9 1DA
| The presentation currency is £ sterling. |
| 1. Accounting policies |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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. |
| 2. Property, plant and equipment |
| Furniture and |
| Fittings |
| £ |
| Cost or |
| valuation |
| At 01 June 2022 |
| At 31 May 2023 |
| Provision for depreciation and impairment |
| At 01 June 2022 |
Charge for year
| At 31 May 2023 |
| At 31 May 2023 |
| Net book value |
| At 31 May 2022 |
| 3. Inventories |
2022
2023
| £ |
| £ |
| Stocks |
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5
For the year ended 31 May 2023
Green Grid Innovations Ltd
Notes to the Financial Statements Continued
| 4. Trade and other receivables |
2022
2023
| £ |
| £ |
| Other debtors |
| 5. Trade and other payables: amounts falling due within one year |
2022
2023
| £ |
| £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 6. Trade and other payables: amounts falling due after more than one year |
2022
2023
| £ |
| £ |
| Other creditors |
| 7. Related party transactions |
| Other Creditors is a loan from Creative Outdoor Spaces Ltd, a company associated by the same majority |
| shareholder and director, Andrew Smythe. |
| 8. Average number of persons employed |
During the year the average number of employees was 1
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