REGISTERED NUMBER: 08182137 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Limb Green Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E P Green

Mrs G E Green

REGISTERED OFFICE:

Suite 1, First Floor

Coachworks Arcade

Northgate Street

Chester

CH1 2EY

REGISTERED NUMBER:

08182137 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Ltd

Chartered Accountants

Suite 1, First Floor

Coachworks Arcade

Northgate Street

Chester

Cheshire

CH1 2EY

FIXED ASSETS

Tangible assets

4

2,029

-

Investment property

5

-

110,000

2,029

110,000

CURRENT ASSETS

Stocks

251,697

221,726

Debtors

6

69,055

50,407

Cash at bank

2,281

17,703

323,033

289,836

CREDITORS

Amounts falling due within one year

7

(269,805

)

(82,111

)

NET CURRENT ASSETS

53,228

207,725

TOTAL ASSETS LESS CURRENT LIABILITIES

55,257

317,725

CREDITORS

Amounts falling due after more than one year

8

(1,000

)

(242,575

)

PROVISIONS FOR LIABILITIES

-

(4,935

)

NET ASSETS

54,257

70,215

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

4,257

20,215

54,257

70,215

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 30 September 2025 and were signed on its behalf by:

E P Green - Director

1.	STATUTORY INFORMATION

Limb Green Properties 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.

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 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.

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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

2,705

At 31 December 2024

2,705

DEPRECIATION

Charge for year

676

At 31 December 2024

676

NET BOOK VALUE

At 31 December 2024

2,029

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

110,000

Disposals

(110,000

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

110,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2021

21,403

Valuation in 2022

20,222

41,625

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

69,055

50,407

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

2,400

2,400

Trade creditors

2,148

1,796

Other creditors

265,257

77,915

269,805

82,111

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

1,000

3,387

Other creditors

-

239,188

1,000

242,575

9.	RELATED PARTY DISCLOSURES

Included within other creditors is an amount totalling £264,356 (2023 £315,782) owed by the company to 'Georgina's Family Trust', a trust of which one of the directors is a beneficiary. Interest is charged at varying rates.

Included within other debtors is an amount of £19,055 (2023 £407) owed from Mr E P and Mrs G E Green, the directors of the company. No interest is charged on this balance, it is unsecured and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

During the year the company was controlled by Mr E P and Mrs G E Green, the directors of the company, by virtue of them owning the entire ordinary share capital.