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REGISTERED NUMBER: 04860618 (England and Wales)

























Financial Statements

for the Period 20 February 2024 to 31 March 2024

for

Lower Green Limited

Lower Green Limited (Registered number: 04860618)






Contents of the Financial Statements
for the Period 20 February 2024 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lower Green Limited

Company Information
for the Period 20 February 2024 to 31 March 2024







DIRECTOR: V Chandnani





SECRETARY: V Chandnani





REGISTERED OFFICE: First Floor
244 Edgware Road
London
London
W2 1DS





REGISTERED NUMBER: 04860618 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

Lower Green Limited (Registered number: 04860618)

Balance Sheet
31 March 2024

31.3.24 19.2.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 227,401 -
227,401 -

CURRENT ASSETS
Debtors 6 107,810 117,750
Cash at bank and in hand 429,803 448,483
537,613 566,233
CREDITORS
Amounts falling due within one year 7 62,148 101,954
NET CURRENT ASSETS 475,465 464,279
TOTAL ASSETS LESS CURRENT
LIABILITIES

702,866

464,279

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 702,756 464,169
SHAREHOLDERS' FUNDS 702,866 464,279

Lower Green Limited (Registered number: 04860618)

Balance Sheet - continued
31 March 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 24 January 2025 and were signed by:





V Chandnani - Director


Lower Green Limited (Registered number: 04860618)

Notes to the Financial Statements
for the Period 20 February 2024 to 31 March 2024

1. STATUTORY INFORMATION

Lower Green 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of six years.

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of four years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on cost, 15% on reducing balance and 2% on reducing balance

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 period was 26 (2024 - NIL ) .

Lower Green Limited (Registered number: 04860618)

Notes to the Financial Statements - continued
for the Period 20 February 2024 to 31 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 20 February 2024
and 31 March 2024 257,661
AMORTISATION
At 20 February 2024
and 31 March 2024 257,661
NET BOOK VALUE
At 31 March 2024 -
At 19 February 2024 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 20 February 2024 278,479
Additions 10,467
At 31 March 2024 288,946
DEPRECIATION
At 20 February 2024 78,962
Charge for period (19,481 )
Eliminated on disposal 2,064
At 31 March 2024 61,545
NET BOOK VALUE
At 31 March 2024 227,401
At 19 February 2024 199,517

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 19.2.24
£    £   
Other debtors 107,810 117,750

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 19.2.24
£    £   
Trade creditors - 2,615
Other creditors 62,148 99,339
62,148 101,954