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REGISTERED NUMBER: NI045111 (Northern Ireland)















GREENHILL KITCHENS LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2025






GREENHILL KITCHENS LIMITED (REGISTERED NUMBER: NI045111)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GREENHILL KITCHENS LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Francis McNelis
Eamon McNelis
Anna McNelis
Ita Quinn





REGISTERED OFFICE: 93 Omagh Rd
Ballygawley
Co. Tyrone
BT70 2BY





REGISTERED NUMBER: NI045111 (Northern Ireland)





ACCOUNTANTS: CavanaghKelly
Chartered Accountants
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP

GREENHILL KITCHENS LIMITED (REGISTERED NUMBER: NI045111)

Statement of Financial Position
31 MARCH 2025

2025 2024
Notes £ £
NON-CURRENT ASSETS
Property, plant and equipment 5 307,808 314,290

CURRENT ASSETS
Inventories 182,547 145,935
Receivables: amounts falling due within
one year

6

232,373

230,153
Investments 7 974,899 974,899
Cash at bank and in hand 354,531 336,300
1,744,350 1,687,287
PAYABLES
Amounts falling due within one year 8 (428,605 ) (352,325 )
NET CURRENT ASSETS 1,315,745 1,334,962
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,623,553

1,649,252

PROVISIONS FOR LIABILITIES - (7,430 )
NET ASSETS 1,623,553 1,641,822

CAPITAL AND RESERVES
Called up share capital 9 10,000 10,000
Retained earnings 1,613,553 1,631,822
SHAREHOLDERS' FUNDS 1,623,553 1,641,822

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.

GREENHILL KITCHENS LIMITED (REGISTERED NUMBER: NI045111)

Statement of Financial Position - 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 10 July 2025 and were signed on its behalf by:




Francis McNelis - Director Anna McNelis - Director




Eamon McNelis - Director


GREENHILL KITCHENS LIMITED (REGISTERED NUMBER: NI045111)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Greenhill Kitchens Limited is a private company, limited by shares , registered in Northern Ireland. 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

Revenue
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Nil
Display Furniture - 25% straight line
Plant and machinery - 20% reducing balance
Fixtures and fittings - 20% reducing balance
Motor vehicles - 25% reducing balance

Inventories
Inventories are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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.

Cash flow statement
The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand and deposits held at call with banks.

GREENHILL KITCHENS LIMITED (REGISTERED NUMBER: NI045111)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

3. ACCOUNTING POLICIES - continued

Share capital
Ordinary Shares are classified as equity. Incremental costs directly attributable to the issue of new
ordinary shares are shown in equity as a deduction, net of tax, from the proceeds.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 24 ) .

5. PROPERTY, PLANT AND EQUIPMENT
Freehold Display Plant and
property Furniture machinery
£ £ £
COST
At 1 April 2024
and 31 March 2025 284,570 96,000 267,492
DEPRECIATION
At 1 April 2024 - 96,000 253,490
Charge for year - - 2,800
At 31 March 2025 - 96,000 256,290
NET BOOK VALUE
At 31 March 2025 284,570 - 11,202
At 31 March 2024 284,570 - 14,002

Fixtures
and Motor
fittings vehicles Totals
£ £ £
COST
At 1 April 2024
and 31 March 2025 67,589 52,900 768,551
DEPRECIATION
At 1 April 2024 62,630 42,141 454,261
Charge for year 992 2,690 6,482
At 31 March 2025 63,622 44,831 460,743
NET BOOK VALUE
At 31 March 2025 3,967 8,069 307,808
At 31 March 2024 4,959 10,759 314,290

6. RECEIVABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade receivables 225,839 222,642
Other receivables 6,534 7,511
232,373 230,153

GREENHILL KITCHENS LIMITED (REGISTERED NUMBER: NI045111)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CURRENT ASSET INVESTMENTS
2025 2024
£ £
Listed investments 974,899 974,899
Market value of listed investments at 31 March 2025 - £ 0 (2024 - £ 0 ).

8. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade payables 73,787 38,194
Taxation and social security 51,976 64,055
Other payables 302,842 250,076
428,605 352,325

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
10,000 ORD 1 10,000 10,000