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REGISTERED NUMBER: 08357484 (England and Wales)















Financial Statements for the Year Ended 31 January 2023

for

Green Builders Sussex Limited

Green Builders Sussex Limited (Registered number: 08357484)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Green Builders Sussex Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: M A Green





REGISTERED OFFICE: Palmeira Avenue Mansions
19 Church Road
Hove
East Sussex
BN3 2FA





REGISTERED NUMBER: 08357484 (England and Wales)





ACCOUNTANTS: Atkinsons
Chartered Accountants
Palmeira Avenue Mansions
19 Church Road
Hove
East Sussex
BN3 2FA

Green Builders Sussex Limited (Registered number: 08357484)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,604 37,755

CURRENT ASSETS
Stocks 12,530 11,675
Cash at bank 8,819 22,682
21,349 34,357
CREDITORS
Amounts falling due within one year 5 63,779 69,007
NET CURRENT LIABILITIES (42,430 ) (34,650 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(11,826

)

3,105

CREDITORS
Amounts falling due after more than one
year

6

8,946

22,772
NET LIABILITIES (20,772 ) (19,667 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (20,773 ) (19,668 )
SHAREHOLDERS' FUNDS (20,772 ) (19,667 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

Green Builders Sussex Limited (Registered number: 08357484)

Balance Sheet - continued
31 January 2023


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

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 and authorised for issue on 28 September 2023 and were signed by:





M A Green - Director


Green Builders Sussex Limited (Registered number: 08357484)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Green Builders Sussex 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.

These financial statements have been prepared on the basis that the company will continue to be a going concern. At the year end the current liabilities exceeded current assets by £42,430. The validity of this basis depends upon the continued support of the company's director. The director confirms that they will give the required support.

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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

Green Builders Sussex Limited (Registered number: 08357484)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued

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 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2022 9,824 51,102 5,212 66,138
Additions 499 - - 499
At 31 January 2023 10,323 51,102 5,212 66,637
DEPRECIATION
At 1 February 2022 2,436 24,231 1,716 28,383
Charge for year 1,577 5,374 699 7,650
At 31 January 2023 4,013 29,605 2,415 36,033
NET BOOK VALUE
At 31 January 2023 6,310 21,497 2,797 30,604
At 31 January 2022 7,388 26,871 3,496 37,755

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 15,875 20,115
Trade creditors 17,557 24,470
Taxation and social security 8,048 11,668
Other creditors 22,299 12,754
63,779 69,007

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans 8,946 22,772

7. RELATED PARTY DISCLOSURES

Included in other creditors is £8,366 (2022 - £773) which is owed to M Green the director and shareholder.This
loan is provided on an interest free basis and is repayable on demand.

No other transactions with related parties were undertaken such as are required to be disclosed under Section 1A Small Entities of Financial Reporting Standard 102.