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REGISTERED NUMBER: 03775360 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

DOWNING (GREEN GABLES) LIMITED

DOWNING (GREEN GABLES) LIMITED (REGISTERED NUMBER: 03775360)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DOWNING (GREEN GABLES) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Miss R M Erman
Dr D M Erman
Mrs B L J Erman





SECRETARY: T Erman





REGISTERED OFFICE: 30-34 North Street
Hailsham
East Sussex
BN27 1DW





REGISTERED NUMBER: 03775360 (England and Wales)





ACCOUNTANTS: Watson Associates
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

DOWNING (GREEN GABLES) LIMITED (REGISTERED NUMBER: 03775360)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,847,124 3,839,717

CURRENT ASSETS
Debtors 5 (75,423 ) 1,649,673
Cash at bank 267,284 332,174
191,861 1,981,847
CREDITORS
Amounts falling due within one year 6 (129,843 ) (563,419 )
NET CURRENT ASSETS 62,018 1,418,428
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,909,142

5,258,145

CREDITORS
Amounts falling due after more than one
year

7

-

(1,102,764

)
NET ASSETS 3,909,142 4,155,381

CAPITAL AND RESERVES
Called up share capital 70,001 70,001
Share premium 280,000 280,000
Revaluation reserve 8 1,970,000 1,970,000
Retained earnings 1,589,141 1,835,380
3,909,142 4,155,381

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 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.

DOWNING (GREEN GABLES) LIMITED (REGISTERED NUMBER: 03775360)

BALANCE SHEET - continued
30 JUNE 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 27 March 2025 and were signed on its behalf by:





Mrs B L J Erman - Director


DOWNING (GREEN GABLES) LIMITED (REGISTERED NUMBER: 03775360)

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

1. STATUTORY INFORMATION

Downing (Green Gables) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2023 - NIL ) .

DOWNING (GREEN GABLES) LIMITED (REGISTERED NUMBER: 03775360)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 3,924,925 828,402 4,753,327
Additions - 38,196 38,196
At 30 June 2024 3,924,925 866,598 4,791,523
DEPRECIATION
At 1 July 2023 196,472 717,138 913,610
Charge for year 10,350 20,439 30,789
At 30 June 2024 206,822 737,577 944,399
NET BOOK VALUE
At 30 June 2024 3,718,103 129,021 3,847,124
At 30 June 2023 3,728,453 111,264 3,839,717

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors (82,834 ) 142,948
Amounts owed by group undertakings - 1,489,725
Other debtors 7,411 17,000
(75,423 ) 1,649,673

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 115,537
Trade creditors 14,675 5,399
Taxation and social security 26,366 46,391
Other creditors 88,802 396,092
129,843 563,419

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1,102,764

8. RESERVES
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 1,970,000