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REGISTERED NUMBER: 04812468 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023

FOR

GREAT EASTCOMBE ESTATES LIMITED

GREAT EASTCOMBE ESTATES LIMITED (REGISTERED NUMBER: 04812468)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GREAT EASTCOMBE ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2023







DIRECTORS: Mrs C M Carroll
S J Ellis
Mrs E C Ellis





SECRETARY: S J Ellis





REGISTERED OFFICE: Marlborough House
Birdlip Hill
Witcombe
Gloucestershire
GL3 4SN





REGISTERED NUMBER: 04812468 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

GREAT EASTCOMBE ESTATES LIMITED (REGISTERED NUMBER: 04812468)

BALANCE SHEET
5 APRIL 2023

2023 2022
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,762 2,171

CURRENT ASSETS
Debtors 5 387,850 254,132
Cash at bank 21,810 25,384
409,660 279,516
CREDITORS
Amounts falling due within one year 6 187,129 176,672
NET CURRENT ASSETS 222,531 102,844
TOTAL ASSETS LESS CURRENT
LIABILITIES

224,293

105,015

CREDITORS
Amounts falling due after more than one
year

7

64,148

-
NET ASSETS 160,145 105,015

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 160,045 104,915
SHAREHOLDERS' FUNDS 160,145 105,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2023 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.

GREAT EASTCOMBE ESTATES LIMITED (REGISTERED NUMBER: 04812468)

BALANCE SHEET - continued
5 APRIL 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2024 and were signed on its behalf by:




S J Ellis - Director



Mrs E C Ellis - Director


GREAT EASTCOMBE ESTATES LIMITED (REGISTERED NUMBER: 04812468)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

1. STATUTORY INFORMATION

Great Eastcombe Estates 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Accounting convention
These financial statements have been prepared in accordance with the provision 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 as modified by the revaluation of certain assets.

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 - 15% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on reducing balance

Financial instruments
Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

GREAT EASTCOMBE ESTATES LIMITED (REGISTERED NUMBER: 04812468)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 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.

Going concern
The director has considered the risks and issues concerning the company and it's activities and no material uncertainties that may cast significant doubt about the company's ability of the company to continue as a going concern have been identified by the directors.

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 6 April 2022
and 5 April 2023 1,545 952 1,204 3,701
DEPRECIATION
At 6 April 2022 705 64 761 1,530
Charge for year 126 172 111 409
At 5 April 2023 831 236 872 1,939
NET BOOK VALUE
At 5 April 2023 714 716 332 1,762
At 5 April 2022 840 888 443 2,171

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Trade debtors 387,850 235,487
Other debtors - 18,645
387,850 254,132

GREAT EASTCOMBE ESTATES LIMITED (REGISTERED NUMBER: 04812468)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Bank loans and overdrafts 15,852 100,000
Corporation Tax 13,005 11,000
Social security and other taxes 3,897 3,316
VAT 18,125 15,286
Other creditors 632 584
Directors' loan accounts 132,137 42,922
Accruals and deferred income 3,481 3,564
187,129 176,672

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
as restated
£    £   
Bank loans - 2-5 years 64,148 -

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5 April 2023 and 5 April 2022:

2023 2022
as restated
£    £   
Mrs C M Carroll
Balance outstanding at start of year (42,922 ) (108,645 )
Amounts advanced 145 179,509
Amounts repaid (89,359 ) (113,786 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (132,136 ) (42,922 )

No interest is being charged on the above loan and there are no set repayment terms.