Company Registration No. 08609349 (England and Wales)
Gregory Homes Limited
Unaudited accounts
for the year ended 31 July 2024
Gregory Homes Limited
Unaudited accounts
Contents
Gregory Homes Limited
Company Information
for the year ended 31 July 2024
Directors
Joseph Benjamin Gregory
Andy Gregory
Company Number
08609349 (England and Wales)
Registered Office
51 Long Lane
Oxford
Oxfordshire
OX4 3TN
United Kingdom
Accountants
gHawk Accounting Ltd
F61 Cherwell Business Village
Southam Road
Banbury
Oxfordshire
OX16 2SP
Gregory Homes Limited
Statement of financial position
as at 31 July 2024
Tangible assets
14,053
16,668
Cash at bank and in hand
35,372
53,088
Creditors: amounts falling due within one year
(62,088)
(36,816)
Net current (liabilities)/assets
(8,961)
40,758
Total assets less current liabilities
5,092
57,426
Creditors: amounts falling due after more than one year
(901)
(1,673)
Called up share capital
100
100
Profit and loss account
4,091
55,653
Shareholders' funds
4,191
55,753
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 February 2025 and were signed on its behalf by
Andy Gregory
Director
Company Registration No. 08609349
Gregory Homes Limited
Notes to the Accounts
for the year ended 31 July 2024
Gregory Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 08609349. The registered office is 51 Long Lane, Oxford, Oxfordshire, OX4 3TN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% Straight Line
Motor vehicles
20% Reducing Balance
Fixtures & fittings
25.00% Reducing balance
Computer equipment
33.33% Reducing Balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
4,398
33,152
1,550
3,467
42,567
Additions
1,140
-
-
-
1,140
At 31 July 2024
5,538
33,152
1,550
3,467
43,707
At 1 August 2023
3,067
19,052
389
3,391
25,899
Charge for the year
570
2,820
290
75
3,755
At 31 July 2024
3,637
21,872
679
3,466
29,654
At 31 July 2024
1,901
11,280
871
1
14,053
At 31 July 2023
1,331
14,100
1,161
76
16,668
Gregory Homes Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
5,958
12,868
Accrued income and prepayments
500
2,130
Other debtors
11,297
9,488
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
6,051
14,766
Taxes and social security
2,733
5,420
Other creditors
2,076
1,245
Loans from directors
37,202
3,993
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 5 (2023: 6).