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REGISTERED NUMBER: 04464446 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 June 2024

for

654 Developments Limited

654 Developments Limited (Registered number: 04464446)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


654 Developments Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: N Egginton





REGISTERED OFFICE: Unit 9
Acorn Business Park
Woodseats Close
Sheffield
South Yorkshire
S8 0TB





REGISTERED NUMBER: 04464446 (England and Wales)





ACCOUNTANTS: Camplejohn Rowan
CFC House
Acorn Business Park
Woodseats Close
Sheffield
South Yorkshire
S8 0TB

654 Developments Limited (Registered number: 04464446)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,885 10,886

CURRENT ASSETS
Stocks 745,031 743,851
Debtors 5 - 1,944
Cash at bank 1,999 1,341
747,030 747,136
CREDITORS
Amounts falling due within one year 6 (646,422 ) (665,351 )
NET CURRENT ASSETS 100,608 81,785
TOTAL ASSETS LESS CURRENT
LIABILITIES

105,493

92,671

PROVISIONS FOR LIABILITIES (895 ) (2,028 )
NET ASSETS 104,598 90,643

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 104,595 90,640
SHAREHOLDERS' FUNDS 104,598 90,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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 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 7 August 2024 and were signed by:



N Egginton - Director


654 Developments Limited (Registered number: 04464446)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

654 Developments 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.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

654 Developments Limited (Registered number: 04464446)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 July 2023 63,195 2,000 23,500 88,695
Disposals (24,570 ) - - (24,570 )
At 30 June 2024 38,625 2,000 23,500 64,125
DEPRECIATION
At 1 July 2023 56,010 1,992 19,807 77,809
Charge for year 703 2 923 1,628
Eliminated on disposal (20,197 ) - - (20,197 )
At 30 June 2024 36,516 1,994 20,730 59,240
NET BOOK VALUE
At 30 June 2024 2,109 6 2,770 4,885
At 30 June 2023 7,185 8 3,693 10,886

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
VAT - 1,944

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 1,948 8,622
Tax 3,234 2,653
Other creditors 1,215 1,215
Directors' current accounts 640,025 652,861
646,422 665,351