REGISTERED NUMBER: 10082607 (England and Wales)

Greenacre General Builders Norfolk and

Suffolk Ltd

Unaudited Financial Statements

For The Year Ended

31st March 2025

Page

Balance Sheet

1

Notes to the Financial Statements

2

to

4

FIXED ASSETS

Tangible assets

4

15,125

19,489

CURRENT ASSETS

Debtors

5

7,020

8,404

Cash at bank and in hand

16,295

22,116

23,315

30,520

CREDITORS

Amounts falling due within one year

6

20,428

34,760

NET CURRENT ASSETS/(LIABILITIES)

2,887

(4,240

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18,012

15,249

CREDITORS

Amounts falling due after more than one year

7

(4,878

)

(7,316

)

PROVISIONS FOR LIABILITIES

(2,803

)

(3,617

)

NET ASSETS

10,331

4,316

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

10,229

4,214

SHAREHOLDERS' FUNDS

10,331

4,316

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

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

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 29th December 2025 and were signed on its behalf by:

D J Greenacre - Director

1.	STATUTORY INFORMATION

Greenacre General Builders Norfolk and Suffolk Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10082607

Registered office:

8 Hopper Way

Diss

Norfolk

IP22 4GT

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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% reducing balance

Fixtures and fittings

-

15% reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2024

and 31st March 2025

18,628

171

31,795

2,403

52,997

DEPRECIATION

At 1st April 2024

11,908

105

19,642

1,853

33,508

Charge for year

1,008

9

3,038

309

4,364

At 31st March 2025

12,916

114

22,680

2,162

37,872

NET BOOK VALUE

At 31st March 2025

5,712

57

9,115

241

15,125

At 31st March 2024

6,720

66

12,153

550

19,489

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st April 2024

and 31st March 2025

13,495

DEPRECIATION

At 1st April 2024

3,585

Charge for year

2,477

At 31st March 2025

6,062

NET BOOK VALUE

At 31st March 2025

7,433

At 31st March 2024

9,910

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,140

4,321

Other debtors

2,880

4,083

7,020

8,404

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

2,439

2,439

Trade creditors

821

3,028

Taxation and social security

4,367

6,123

Other creditors

12,801

23,170

20,428

34,760

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

4,878

7,316

8.	RELATED PARTY DISCLOSURES

Directors

At the end of the year the company owed the directors £10,935 (2024 - £18,227) by way of interest free loans with no set repayment terms.