Coastal Developments Greenhill Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07135174 (England and Wales)

COASTAL DEVELOPMENTS GREENHILL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A W Leggatt

Mrs I L Leggatt

S C Leggatt

K D Johnson

SECRETARY:

Mrs I L Leggatt

REGISTERED OFFICE:

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

REGISTERED NUMBER:

07135174 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Tangible assets

4

15,365

20,455

CURRENT ASSETS

Debtors

5

931,842

807,002

Cash at bank

4,716

8,774

936,558

815,776

CREDITORS

Amounts falling due within one year

6

(933,385

)

(777,034

)

NET CURRENT ASSETS

3,173

38,742

TOTAL ASSETS LESS CURRENT
LIABILITIES

18,538

59,197

CREDITORS

Amounts falling due after more than one year

7

(5,623

)

(9,372

)

NET ASSETS

12,915

49,825

CAPITAL AND RESERVES

Called up share capital

101

Retained earnings

12,814

49,724

SHAREHOLDERS' FUNDS

12,915

49,825

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

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

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 4 September 2025 and were signed on its behalf by:

A W Leggatt - Director

1.	STATUTORY INFORMATION

Coastal Developments Greenhill Ltd 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.

Plant and machinery

-

25% on reducing balance

Fixture & Fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current 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 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.

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 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Fixture &

Computer

machinery

Fittings

equipment

Totals

£

COST

At 1 February 2024

and 31 January 2025

47,220

1,467

2,783

51,470

DEPRECIATION

At 1 February 2024

26,994

1,238

2,783

31,015

Charge for year

5,056

34

-

5,090

At 31 January 2025

32,050

1,272

2,783

36,105

NET BOOK VALUE

At 31 January 2025

15,170

195

-

15,365

At 31 January 2024

20,226

229

-

20,455

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Sundry debtors

52,000

-

Coastal Development Loan

874,769

805,369

VAT

5,073

1,633

931,842

807,002

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts

3,749

Corporation Tax

1,619

5,003

Social security and other taxes

539

Sundry creditors

753

50

Coastal Construction SE Ltd

855,717

727,917

AWL Holdings Limited

20,000

-

Directors' current accounts

27,000

17,276

Accrued expenses

24,008

22,500

933,385

777,034

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Hire purchase contracts

5,623

9,372

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A W Leggatt.