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Registered number: 13261951
Greenslade Blackawton Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
One Six O Limited t/a Wychbury Lee
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13261951
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 99,370 7,672
Cash at bank and in hand 62,794 780,595
162,164 788,267
Creditors: Amounts Falling Due Within One Year 6 (157,031 ) (639,718 )
NET CURRENT ASSETS (LIABILITIES) 5,133 148,549
TOTAL ASSETS LESS CURRENT LIABILITIES 5,133 148,549
NET ASSETS 5,133 148,549
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 5,131 148,547
SHAREHOLDERS' FUNDS 5,133 148,549
For the year ending 31 March 2025 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 Robert Ash
Director
03/12/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Greenslade Blackawton Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13261951 . The registered office is Lower Bramble Farm, Chudleigh, Newton Abbot, TQ13 0DU.
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. Significant judgements and estimations
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.
2.3. 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.
2.4. 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 20% Reducing Balance
2.5. Stocks and Work in Progress
Stock represents land held for development purposes and includes initial purchase price and all associated costs relating to the purchase.
Work in progress represents the development costs including direct materials and direct labour costs and those overheads which have been incurred in bringing the developments to their present condition.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
 Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 5,135
As at 31 March 2025 5,135
Depreciation
As at 1 April 2024 5,135
As at 31 March 2025 5,135
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Debtors
2025 2024
£ £
Due within one year
Amounts owed by participating interests 93,000 1,277
Other debtors 6,370 6,395
99,370 7,672
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 621 35,848
Amounts owed to group undertakings 153,890 141,335
Amounts owed to participating interests - 150,000
Other creditors 2,520 221,044
Taxation and social security - 91,491
157,031 639,718
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 3