REGISTERED NUMBER: 05565749 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025

FOR

GREENHILLS FLATS LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

P French

I A Mcdonald

D G Ashworth

SECRETARY:

I A Mcdonald

REGISTERED OFFICE:

6-8 Ossington Chambers

Newark

Nottinghamshire

NG24 1AX

REGISTERED NUMBER:

05565749 (England and Wales)

ACCOUNTANTS:

Stephenson Nuttall & Co

Chartered Accountants

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

The directors present their report with the financial statements of the company for the year ended 30th September 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st October 2024 to the date of this report.

P French

I A Mcdonald

D G Ashworth

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

I A Mcdonald - Director

1st June 2026

INCOME

18,741

18,215

Service charge expenditure

20,845

17,032

OPERATING (LOSS)/PROFIT

(2,104

)

1,183

Interest receivable and similar income

258

299

(LOSS)/PROFIT BEFORE TAXATION

(1,846

)

1,482

Tax on (loss)/profit

4

-

-

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(1,846

)

1,482

CURRENT ASSETS

Debtors

5

14,744

21,120

CREDITORS

Amounts falling due within one year

6

14,726

21,102

NET CURRENT ASSETS

18

18

TOTAL ASSETS LESS CURRENT LIABILITIES

18

18

CAPITAL AND RESERVES

Called up share capital

7

18

18

SHAREHOLDERS' FUNDS

18

18

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 1st June 2026 and were signed on its behalf by:

I A Mcdonald - Director

1.	STATUTORY INFORMATION

Greenhills Flats 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.

Income

During the year the company received from lessees, as agent, monies relating to service charges and related income, which are held on trust and do not constitute turnover.

Presentation of the income statement

The presentation of the Income Statement on page 3 has been modified from the prescribed format for Company accounts in order to provide more information to lessees and other parties who may be interested in the expenditure incurred in the management of the property.

3.	EMPLOYEES AND DIRECTORS

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

30/9/25

30/9/24

£

£

Directors' remuneration

-

-

4.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the year ended 30th September 2025 nor for the year ended 30th September 2024.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Service Charge in Arrears

1,433

3,051

Other debtors

1,716

1,194

Service charge deficit

364

-

Bank Balance held by Managing Agents

6,803

12,718

Prepayments

4,428

4,157

14,744

21,120

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Trade creditors

2,021

2,776

Service Charge Account

-

1,214

Reserve Fund

11,574

15,901

Accrued expenses

1,131

1,211

14,726

21,102

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30/9/25

30/9/24

value:

£

£

18

Ordinary

£1

18

18

8.

RESERVES

Retained

earnings

£

Deficit for the year

(1,846

)

Transfer (to)/from Service Charge Account

1,846

At 30th September 2025

-

9.	RELATED PARTY DISCLOSURES

The company is a mutual trading company and as such received income in the form of service charge from residents, some of whom are directors of the company. Service charges payable by the directors are on the same basis as for all of the other residents. No other transactions with related parties were undertaken such as are required to be disclosed under the FRS 102.