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REGISTERED NUMBER: 05169084















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2023

FOR

COAST HOMES (EAST ANGLIA) LIMITED

COAST HOMES (EAST ANGLIA) LIMITED (REGISTERED NUMBER: 05169084)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

COAST HOMES (EAST ANGLIA) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2023







DIRECTOR: B M Newson





SECRETARY: Mrs J D Newson





REGISTERED OFFICE: 4 Nelson Road
Caister-on-Sea
Great Yarmouth
Norfolk
NR30 5DY





REGISTERED NUMBER: 05169084





ACCOUNTANTS: Edward Back & Co
Mancroft Towers
Oulton Broad
Lowestoft
Suffolk
NR32 3PS

COAST HOMES (EAST ANGLIA) LIMITED (REGISTERED NUMBER: 05169084)

STATEMENT OF FINANCIAL POSITION
31ST JULY 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 4 301,990 301,990
Debtors 5 30,213 374
Cash at bank 94,164 110,726
426,367 413,090
CREDITORS
Amounts falling due within one year 6 5,642 4,305
NET CURRENT ASSETS 420,725 408,785
TOTAL ASSETS LESS CURRENT
LIABILITIES

420,725

408,785

CREDITORS
Amounts falling due after more than one
year

7

35,833

45,833
NET ASSETS 384,892 362,952

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 384,890 362,950
SHAREHOLDERS' FUNDS 384,892 362,952

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

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

COAST HOMES (EAST ANGLIA) LIMITED (REGISTERED NUMBER: 05169084)

STATEMENT OF FINANCIAL POSITION - continued
31ST JULY 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 5th February 2024 and were signed by:





B M Newson - Director


COAST HOMES (EAST ANGLIA) LIMITED (REGISTERED NUMBER: 05169084)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2023

1. STATUTORY INFORMATION

Coast Homes (East Anglia) Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. STOCKS
2023 2022
£    £   
Completed houses 301,990 301,990

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 348 374
Directors' current accounts 29,865 -
30,213 374

COAST HOMES (EAST ANGLIA) LIMITED (REGISTERED NUMBER: 05169084)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 5,147 3,684
Other creditors - 13
Directors' current accounts - 136
Accrued expenses 495 472
5,642 4,305

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 8) 35,833 45,833

8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due between one and two years:
Bank loans - 1-2 years 10,000 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 25,833 35,833

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary 1 2 2

10. RESERVES
Retained
earnings
£   

At 1st August 2022 362,950
Profit for the year 21,940
At 31st July 2023 384,890

COAST HOMES (EAST ANGLIA) LIMITED (REGISTERED NUMBER: 05169084)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2023

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st July 2023 and 31st July 2022:

2023 2022
£    £   
B M Newson
Balance outstanding at start of year - -
Amounts advanced 29,865 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 29,865 -

COAST HOMES (EAST ANGLIA) LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
COAST HOMES (EAST ANGLIA) LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31st July 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Edward Back & Co
Mancroft Towers
Oulton Broad
Lowestoft
Suffolk
NR32 3PS


9th February 2024