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REGISTERED NUMBER: 01558834 (England and Wales)















GARHILL LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025






GARHILL LIMITED (REGISTERED NUMBER: 01558834)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GARHILL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: A Herbertson
H J Herbertson
Ms M G Herbertson





REGISTERED OFFICE: Marston House
5 Elmdon Lane
Marston Green
Solihull
West Midlands
B37 7DL





REGISTERED NUMBER: 01558834 (England and Wales)





ACCOUNTANTS: Sephton & Company LLP
Chartered Certified Accountants
Marston House
5 Elmdon Lane
Marston Green
Solihull
West Midlands
B37 7DL

GARHILL LIMITED (REGISTERED NUMBER: 01558834)

BALANCE SHEET
31 MARCH 2025

31/3/25 31/3/24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 738 1,050
Investments 5 100 -
838 1,050

CURRENT ASSETS
Debtors 6 6,370,785 9,809,905
Cash at bank 504,980 38,102
6,875,765 9,848,007
CREDITORS
Amounts falling due within one year 7 2,334,994 5,149,254
NET CURRENT ASSETS 4,540,771 4,698,753
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,541,609

4,699,803

CREDITORS
Amounts falling due after more than one
year

8

(1,333

)

(409,333

)

PROVISIONS FOR LIABILITIES (185 ) (263 )
NET ASSETS 4,540,091 4,290,207

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,539,991 4,290,107
SHAREHOLDERS' FUNDS 4,540,091 4,290,207

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

GARHILL LIMITED (REGISTERED NUMBER: 01558834)

BALANCE SHEET - continued
31 MARCH 2025


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 April 2025 and were signed on its behalf by:





A Herbertson - Director


GARHILL LIMITED (REGISTERED NUMBER: 01558834)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Garhill 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents net invoiced sales of services, interest and fees on property funding and rent receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 30% on reducing balance

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

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 3 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 13,543 8,838 22,381
DEPRECIATION
At 1 April 2024 13,543 7,788 21,331
Charge for year - 312 312
At 31 March 2025 13,543 8,100 21,643
NET BOOK VALUE
At 31 March 2025 - 738 738
At 31 March 2024 - 1,050 1,050

GARHILL LIMITED (REGISTERED NUMBER: 01558834)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 100
At 31 March 2025 100
NET BOOK VALUE
At 31 March 2025 100

6. DEBTORS
31/3/25 31/3/24
£    £   
Amounts falling due within one year:
Other debtors 6,370,785 9,309,905

Amounts falling due after more than one year:
Other debtors - 500,000

Aggregate amounts 6,370,785 9,809,905

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Bank loans and overdrafts 8,000 8,000
Taxation and social security 98,592 10,725
Other creditors 2,228,402 5,130,529
2,334,994 5,149,254

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/25 31/3/24
£    £   
Bank loans 1,333 9,333
Other creditors - 400,000
1,333 409,333

GARHILL LIMITED (REGISTERED NUMBER: 01558834)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


9. SECURED DEBTS

The following secured debts are included within creditors:

31/3/25 31/3/24
£    £   
Other bank loans 2,015,000 5,055,175

The bank loans are secured by a fixed and floating charge over the assets of the company to the extent of any borrowings.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25 31/3/24
£    £   
A Herbertson
Balance outstanding at start of year - -
Amounts advanced 10,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,000 -

H J Herbertson
Balance outstanding at start of year - -
Amounts advanced 1,280 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,280 -

Ms M G Herbertson
Balance outstanding at start of year - -
Amounts advanced 1,280 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,280 -