Green Home Construction Services Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 12940408

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		16,263		32,903

			16,263		32,903
CURRENT ASSETS
Stocks	5	934,506		930,490
Debtors	6	18,696		9,326
Cash at bank and in hand		4,522		14,121

		957,724		953,937
Creditors: Amounts Falling Due Within One Year	7	(518,603 )		(127,025 )

NET CURRENT ASSETS (LIABILITIES)			439,121		826,912

TOTAL ASSETS LESS CURRENT LIABILITIES			455,384		859,815

Creditors: Amounts Falling Due After More Than One Year	8		(1,160,785 )		(1,000,829 )

NET LIABILITIES			(705,401 )		(141,014 )

Profit and Loss Account			(705,401 )		(141,014 )

SHAREHOLDERS' FUNDS			(705,401)		(141,014)

For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Charles Evans

Director

29/10/2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Green Home Construction Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12940408 . The registered office is SME House, Holme Lacy Industrial Estate, Hereford, Herefordshire, HR2 6DR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

Page 2

Page 3

Green Home Construction Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2024

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 November 2023	42,634	1,694	44,328
Additions	240	-	240
Disposals	(13,136 )	-	(13,136 )

As at 31 October 2024	29,738	1,694	31,432

Depreciation
As at 1 November 2023	10,975	450	11,425
Provided during the period	5,089	311	5,400
Disposals	(1,656 )	-	(1,656 )

As at 31 October 2024	14,408	761	15,169

Net Book Value
As at 31 October 2024	15,330	933	16,263

As at 1 November 2023	31,659	1,244	32,903

5. Stocks

	2024	2023
	£	£
Stock	934,506	930,490

6. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	18,696	9,326

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	3,829	3,618
Trade creditors	88,901	10,872
Bank loans and overdrafts	102,818	-
Other creditors	301,933	103,416
Taxation and social security	21,122	9,119

	518,603	127,025

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	5,785	9,614
Other long term loans	1,155,000	991,215

	1,160,785	1,000,829

Page 3

Page 4

Green Home Construction Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2024

9. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	3,829	3,618
Later than one year and not later than five years	5,785	9,614

	9,614	13,232

	9,614	13,232

10. Share Capital

	2024		2023
	£		£

Page 4