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REGISTERED NUMBER: 08645152 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Green 4 Developments Limited

Green 4 Developments Limited (Registered number: 08645152)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Green 4 Developments Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr S Binch
Mr A C Cox
Mr D J Evans
Mr T Leggett





REGISTERED OFFICE: Hopwell Hall
Ockbrook
Derby
Derbyshire
DE72 3RW





REGISTERED NUMBER: 08645152 (England and Wales)





ACCOUNTANTS: Underwood Green
Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS

Green 4 Developments Limited (Registered number: 08645152)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 140,676 168,450
Investments 5 500 600
Investment property 6 3,767,228 3,761,203
3,908,404 3,930,253

CURRENT ASSETS
Stocks 850,000 600,000
Debtors 7 23,654 284,601
Cash at bank 50,737 24,921
924,391 909,522
CREDITORS
Amounts falling due within one year 8 89,335 116,154
NET CURRENT ASSETS 835,056 793,368
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,743,460

4,723,621

CREDITORS
Amounts falling due after more than one
year

9

2,535,885

2,151,872

PROVISIONS FOR LIABILITIES 539,245 489,728

CAPITAL AND RESERVES
Called up share capital 10 1,383 1,383
Share premium 552,895 552,895
Non-distributable reserve 11 2,151,490 2,151,490
Retained earnings (1,037,438 ) (623,747 )
SHAREHOLDERS' FUNDS 1,668,330 2,082,021
4,743,460 4,723,621

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 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.

Green 4 Developments Limited (Registered number: 08645152)

Balance Sheet - 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 Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





Mr D J Evans - Director


Green 4 Developments Limited (Registered number: 08645152)

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

1. STATUTORY INFORMATION

Green 4 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 as modified by the revaluation of certain assets.

Revenue recognition and work in progress
In accordance with FRS 102, revenue represents amounts chargeable to clients for professional services provided during the year, net of any sales tax. Services to clients, which at the balance sheet date have not been billed, have been recognised as revenue. Revenue is recognised by reference to the fair value of the services provided at the balance sheet date as a proportion of the total value of the engagement. Provision is made against unbilled amounts on those engagements where the right to receive payment is contingent on factors outside the control of the company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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

A transfer is made from retained earnings to the non-distributable reserve for the amount of any market value surplus or deficit net of deferred tax provided.

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.

Green 4 Developments Limited (Registered number: 08645152)

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 38,304 153,476 45,769 36,640 274,189
Additions - - - 7,395 7,395
At 30 April 2024 38,304 153,476 45,769 44,035 281,584
DEPRECIATION
At 1 May 2023 28,263 30,695 28,500 18,281 105,739
Charge for year 2,008 24,556 3,454 5,151 35,169
At 30 April 2024 30,271 55,251 31,954 23,432 140,908
NET BOOK VALUE
At 30 April 2024 8,033 98,225 13,815 20,603 140,676
At 30 April 2023 10,041 122,781 17,269 18,359 168,450

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023 600
Disposals (100 )
At 30 April 2024 500
NET BOOK VALUE
At 30 April 2024 500
At 30 April 2023 600

Green 4 Developments Limited (Registered number: 08645152)

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

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 3,761,203
Additions 6,025
At 30 April 2024 3,767,228
NET BOOK VALUE
At 30 April 2024 3,767,228
At 30 April 2023 3,761,203

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2024 2,656,160
Cost 1,111,068
3,767,228

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,111,068 1,105,043

Investment property was valued on an open market basis on 30 April 2024 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,500 270,000
VAT 21,904 -
Prepayments and accrued income 250 14,601
23,654 284,601

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,000 8,000
Trade creditors 7,227 38,032
Social security and other taxes 30,024 6,145
VAT - 35,731
Other creditors 40,564 24,887
Accruals and deferred income 3,520 3,359
89,335 116,154

Green 4 Developments Limited (Registered number: 08645152)

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

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 8,000 8,000
Bank loans - 2-5 years 1,364 9,349
Directors' loan accounts 2,526,521 2,134,523
2,535,885 2,151,872

The directors loan accounts represent long term funding and will continue for as long as necessary until the expected levels of profitability are realised.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
134,100 Ordinary 1p 1p 1,341 1,341
4,148 Ordinary B 1p 1p 42 42
1,383 1,383

11. RESERVES
Non-distribut
reserve
£   
At 1 May 2023
and 30 April 2024 2,151,490

Green 4 Developments Limited (Registered number: 08645152)

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

12. CONSOLIDATED BALANCE SHEET

2024 2023
£ £ £ £
FIXED ASSETS
Tangible assets 140,674 168,450
Investments - -
Investment property 5,767,228 5,761,203
5,907,902 5,929,653
CURRENT ASSETS
Work in progress 850,000 600,000
Debtors 23,657 284,601
Cash at bank and in hand 51,237 25,521
924,894 910,122
CREDITORS
Amounts falling due within one year 90,315 117,091
NET CURRENT LIABILITIES 834,579 793,031
TOTAL ASSETS LESS CURRENT
LIABILITIES


6,742,481


6,722,684

CREDITORS
Amounts falling due after more than
one year


2,686,906


2,301,820

PROVISIONS FOR LIABILITIES 936,677 934,108

CAPITAL AND RESERVES
Called up share capital 1,383 1,383
Share premium 552,895 552,895
Non distributable reserve 3,608,963 3,608,963
Retained earnings (1,044,343 ) (676,485 )
SHAREHOLDERS' FUNDS 3,118,898 3,486,756
6,742,481 6,722,684

Although not required to be filed due to the exemption available as a small group, the directors have included the above consolidated balance sheet as an additional voluntary disclosure for the group, of which Green 4 Developments Limited is the ultimate parent company.