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REGISTERED NUMBER: 03663696 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

ACREGREEN ESTATES LTD

ACREGREEN ESTATES LTD (REGISTERED NUMBER: 03663696)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ACREGREEN ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: A Green





SECRETARY: Mrs S Green





REGISTERED OFFICE: 59 Jessam Avenue
Stamford Hill
London
E5 9DU





REGISTERED NUMBER: 03663696 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

ACREGREEN ESTATES LTD (REGISTERED NUMBER: 03663696)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Investment property 4 350,000 350,000

CURRENT ASSETS
Debtors 5 47,917 47,917
Investments 6 51 51
Cash at bank 112,316 81,583
160,284 129,551
CREDITORS
Amounts falling due within one year 7 (122,613 ) (105,194 )
NET CURRENT ASSETS 37,671 24,357
TOTAL ASSETS LESS CURRENT
LIABILITIES

387,671

374,357

CREDITORS
Amounts falling due after more than one
year

8

(257,962

)

(257,962

)

PROVISIONS FOR LIABILITIES (5,283 ) (5,283 )
NET ASSETS 124,426 111,112

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 22,524 22,524
Retained earnings 10 101,802 88,488
SHAREHOLDERS' FUNDS 124,426 111,112

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

ACREGREEN ESTATES LTD (REGISTERED NUMBER: 03663696)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


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 20 January 2025 and were signed by:





A Green - Director


ACREGREEN ESTATES LTD (REGISTERED NUMBER: 03663696)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Acregreen Estates Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net rent receivable, excluding value added tax.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 1 (2023 - NIL ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 350,000
NET BOOK VALUE
At 30 April 2024 350,000
At 30 April 2023 350,000

ACREGREEN ESTATES LTD (REGISTERED NUMBER: 03663696)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. INVESTMENT PROPERTY - continued

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2020 27,807
Cost 322,193
350,000

Investment property was valued on an open market basis on 30 April 2020 by director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 47,917 47,917

6. CURRENT ASSET INVESTMENTS
30.4.24 30.4.23
£    £   
Unlisted investments 51 51

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Taxation and social security 6,526 3,403
Other creditors 116,087 101,791
122,613 105,194

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 257,962 257,962

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 May 2023 88,488 22,524 111,012
Profit for the year 13,314 13,314
At 30 April 2024 101,802 22,524 124,326

ACREGREEN ESTATES LTD (REGISTERED NUMBER: 03663696)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

11. ULTIMATE CONTROLLING PARTY

The controlling party is A Green.