Greenstones (Whittlesey) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09694681 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2017 TO 31 DECEMBER 2017

FOR

GREENSTONES (WHITTLESEY) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S D Chaplin FCCA

REGISTERED OFFICE:

9 Commerce Road

Lynchwood

Peterborough

PE2 6LR

REGISTERED NUMBER:

09694681 (England and Wales)

ACCOUNTANTS:

GreenStones Limited

9 Commerce Road

Lynchwood

Peterborough

Cambridgeshire

PE2 6LR

FIXED ASSETS

Intangible assets

4

-

33,966

Tangible assets

5

-

525

-

34,491

CURRENT ASSETS

Debtors

6

7,074

14,813

Cash at bank and in hand

-

18,566

7,074

33,379

CREDITORS

Amounts falling due within one
year

7

6,874

41,009

NET CURRENT ASSETS/(LIABILITIES)

200

(7,630

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

200

26,861

CREDITORS

Amounts falling due after more
than one year

8

-

(25,267

)

PROVISIONS FOR LIABILITIES

-

(100

)

NET ASSETS

200

1,494

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

-

1,294

SHAREHOLDERS' FUNDS

200

1,494

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 18 September 2018 and were signed
by:

S D Chaplin FCCA - Director

1.	STATUTORY INFORMATION

Greenstones (Whittlesey) 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 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 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of four years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets

are measured at cost less any accumulated amortisation and any accumulated

impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

30% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the

Income Statement, except to the extent that it relates to items recognised in other

comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements.

Deferred tax is measured using tax rates and laws that have been enacted or

substantively enacted by the period end and that are expected to apply to the reversal of

the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that

it is probable that they will be recovered against the reversal of deferred tax liabilities or

other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis

over the period of the lease.

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 period was 3 (2017 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2017

60,391

Additions

75,000

Disposals

(135,391

)

At 31 December 2017

-

AMORTISATION

At 1 May 2017

26,425

Charge for period

17,877

Eliminated on disposal

(44,302

)

At 31 December 2017

-

NET BOOK VALUE

At 31 December 2017

-

At 30 April 2017

33,966

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2017

1,000

Disposals

(1,000

)

At 31 December 2017

-

DEPRECIATION

At 1 May 2017

475

Charge for period

105

Eliminated on disposal

(580

)

At 31 December 2017

-

NET BOOK VALUE

At 31 December 2017

-

At 30 April 2017

525

6.

DEBTORS

2017

£

Amounts falling due within one year:

Trade debtors

-

12,887

Other debtors

-

1,926

-

14,813

Amounts falling due after more than one year:

Amounts owed by group undertakings

7,074

-

Aggregate amounts

7,074

14,813

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

£

Bank loans and overdrafts

-

14,578

Trade creditors

-

493

Taxation and social security

6,828

8,316

Other creditors

46

17,622

6,874

41,009

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

2017

£

Bank loans

-

24,967

Amounts owed to group undertakings

-

300

-

25,267

Greenstones (Whittlesey) Limited - Accounts to registrar (filleted) - small 18.2

Greenstones (Whittlesey) Limited - Accounts to registrar (filleted) - small 18.2