REGISTERED NUMBER: 06977671 (England and Wales)

GREENSPACE GARDENS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr B Jacob

SECRETARY:

Mr G Jacob

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

06977671 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Tangible assets

4

29,655

37,096

CURRENT ASSETS

Stocks

5

1,076

2,350

Debtors

6

1,285

18,515

Cash at bank and in hand

42,478

17,349

44,839

38,214

CREDITORS

Amounts falling due within one year

7

34,362

29,558

NET CURRENT ASSETS

10,477

8,656

TOTAL ASSETS LESS CURRENT LIABILITIES

40,132

45,752

CREDITORS

Amounts falling due after more than one year

8

-

(4,589

)

PROVISIONS FOR LIABILITIES

(7,159

)

(7,159

)

NET ASSETS

32,973

34,004

CAPITAL AND RESERVES

Called up share capital

10

110

110

Retained earnings

32,863

33,894

SHAREHOLDERS' FUNDS

32,973

34,004

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 December 2025 and were signed by:

Mr B Jacob - Director

1.	STATUTORY INFORMATION

Greenspace Gardens Limited 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.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and equipment

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 August 2024

and 31 July 2025

46,516

28,000

538

75,054

DEPRECIATION

At 1 August 2024

26,824

11,026

108

37,958

Charge for year

3,938

3,395

108

7,441

At 31 July 2025

30,762

14,421

216

45,399

NET BOOK VALUE

At 31 July 2025

15,754

13,579

322

29,655

At 31 July 2024

19,692

16,974

430

37,096

5.

STOCKS

31.7.25

31.7.24

£

£

Stock & work-in-progress

1,076

2,350

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

113

1

Directors' current accounts

-

17,594

Prepayments and accrued income

1,172

920

1,285

18,515

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts (see note 9)

4,642

4,993

Trade creditors

5,964

5,964

Corporation tax

16,138

10,051

Social security and other taxes

5,406

7,062

Directors' current accounts

628

-

Accruals and deferred income

1,584

1,488

34,362

29,558

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans (see note 9)

-

4,589

9.

LOANS

An analysis of the maturity of loans is given below:

31.7.25

31.7.24

£

£

Amounts falling due within one year or on demand:

Bank loans

4,642

4,993

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

4,589

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

100

Ordinary A

£1

100

100

10

Ordinary B

£1

10

10

110

110

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr B Jacob.