REGISTERED NUMBER: 00535957 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

BINNS & SONS (GREETLAND) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P S B Wood

Mrs H Wood

SECRETARY:

Mrs H Wood

REGISTERED OFFICE:

Brian Royd Mills

Greetland

Halifax

West Yorkshire

HX4 8NF

REGISTERED NUMBER:

00535957 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

FIXED ASSETS

Tangible assets

4

4,579

4,999

Investment property

5

410,000

410,000

414,579

414,999

CURRENT ASSETS

Debtors

6

7,596

24,491

Cash at bank

9,995

2,506

17,591

26,997

CREDITORS

Amounts falling due within one year

7

26,125

25,106

NET CURRENT (LIABILITIES)/ASSETS

(8,534

)

1,891

TOTAL ASSETS LESS CURRENT LIABILITIES

406,045

416,890

CREDITORS

Amounts falling due after more than one year

8

(3,750

)

(12,750

)

PROVISIONS FOR LIABILITIES

(14,975

)

(11,381

)

NET ASSETS

387,320

392,759

CAPITAL AND RESERVES

Called up share capital

4,000

4,000

Non distributable reserves

9

360,624

364,218

Retained earnings

22,696

24,541

SHAREHOLDERS' FUNDS

387,320

392,759

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2025 and were signed on its behalf by:

Mr P S B Wood - Director

1.	STATUTORY INFORMATION

Binns & Sons (Greetland) 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Tangible fixed assets are initially recorded at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 February 2024

40,579

9,948

50,527

Additions

142

247

389

At 31 January 2025

40,721

10,195

50,916

DEPRECIATION

At 1 February 2024

40,238

5,290

45,528

Charge for year

73

736

809

At 31 January 2025

40,311

6,026

46,337

NET BOOK VALUE

At 31 January 2025

410

4,169

4,579

At 31 January 2024

341

4,658

4,999

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

and 31 January 2025

410,000

NET BOOK VALUE

At 31 January 2025

410,000

At 31 January 2024

410,000

Included within investment property:

Is investment property showing at it's open market value of £410,000. This property was valued on an open market basis in February 2006 by Wolstenholme Chartered Building Surveyors.

It was considered that the open market value of this property would not have changed materially by the year end therefore the open market value for the property has been left at £410,000.

Fair value at 31 January 2025 is represented by:

£

Valuation in 2006

375,599

Cost

34,401

410,000

6.

DEBTORS

31.1.25

31.1.24

£

£

Amounts falling due within one year:

Trade debtors

29

13,085

Other debtors

7,567

11,406

7,596

24,491

Amounts falling due after more than one year:

Other debtors

101,617

101,617

Bad debt provision

(101,617

)

(101,617

)

Aggregate amounts

7,596

24,491

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

9,000

9,000

Trade creditors

4,987

5,393

Taxation and social security

9,324

7,869

Other creditors

2,814

2,844

26,125

25,106

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

3,750

12,750

9.

RESERVES

Non

distributable

reserves

£

At 1 February 2024

364,218

Transfer

(3,594

)

At 31 January 2025

360,624

10.	ULTIMATE CONTROLLING PARTY

There is no single controlling party.