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REGISTERED NUMBER: 09405309 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

5 Point 5 Acre Limited

5 Point 5 Acre Limited (Registered number: 09405309)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

5 Point 5 Acre Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mr Paul Gill
Mrs Alison Gill





REGISTERED OFFICE: 395-397 Woodchurch Road
Prenton
Merseyside
CH42 8PF





REGISTERED NUMBER: 09405309 (England and Wales)





ACCOUNTANTS: Cheryl Bostock & Company Accountants Limited
395-397 Woodchurch Road
Prenton
Birkenhead
Merseyside

5 Point 5 Acre Limited (Registered number: 09405309)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 285,282 286,118

CURRENT ASSETS
Stocks 5 40,000 40,000
Debtors 6 - 1,114
Cash at bank 2,028 9
42,028 41,123
CREDITORS
Amounts falling due within one year 7 283,331 274,342
NET CURRENT LIABILITIES (241,303 ) (233,219 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,979

52,899

PROVISIONS FOR LIABILITIES 474 633
NET ASSETS 43,505 52,266

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 43,503 52,264
SHAREHOLDERS' FUNDS 43,505 52,266

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 23 April 2025 and were signed on its behalf by:



Mr Paul Gill - Director


5 Point 5 Acre Limited (Registered number: 09405309)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

5 Point 5 Acre 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 2 (2023 - NIL ) .

5 Point 5 Acre Limited (Registered number: 09405309)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 August 2023
and 31 July 2024 282,785 11,276 528 294,589
DEPRECIATION
At 1 August 2023 - 7,946 525 8,471
Charge for year - 833 3 836
At 31 July 2024 - 8,779 528 9,307
NET BOOK VALUE
At 31 July 2024 282,785 2,497 - 285,282
At 31 July 2023 282,785 3,330 3 286,118

5. STOCKS
31.7.24 31.7.23
£    £   
Stocks 40,000 40,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors - 1,114

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts (see note 8) 113,827 -
Trade creditors - 429
Tax - 12,491
Directors' current accounts 168,181 260,210
Accruals 1,323 1,212
283,331 274,342

8. LOANS

An analysis of the maturity of loans is given below:

31.7.24 31.7.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 13,036 -
Bank Loan more than 1Yr 100,791 -
113,827 -

9. SECURED DEBTS

The stock of land is secured by a fixed charge over the asset.

5 Point 5 Acre Limited (Registered number: 09405309)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
2 Ordinary 1 2 2

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
Mr Paul Gill
Balance outstanding at start of year 253,456 240,735
Amounts advanced 36,919 23,470
Amounts repaid (128,948 ) (10,749 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 161,427 253,456

Mrs Alison Gill
Balance outstanding at start of year 6,754 5,754
Amounts advanced - 1,000
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,754 6,754

12. RELATED PARTY DISCLOSURES

At 31st July 2024 the company owed its directors £168,181 (2023 - £260,210).

5 Point 5 Acre Limited

Report of the Accountants to the Directors of
5 Point 5 Acre Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2024 set out on pages two to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Cheryl Bostock & Company Accountants Limited
395-397 Woodchurch Road
Prenton
Birkenhead
Merseyside


23 April 2025