Greenhill Building Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06553313 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2020

for

Greenhill Building Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr Sean Banton

Mrs Emily Banton

REGISTERED OFFICE:

Hilltop Farm

Tansley

Matlock

Derbyshire

DE4 5FY

REGISTERED NUMBER:

06553313 (England and Wales)

ACCOUNTANTS:

Pedley & Co.

Chartered Certified Accountants

82 Nottingham Road

Somercotes

Alfreton

Derbyshire

DE55 4LY

FIXED ASSETS

Tangible assets

4

13,612

18,716

CURRENT ASSETS

Debtors

5

1,044

1,044

Cash at bank

74,987

59,989

76,031

61,033

CREDITORS

Amounts falling due within one year

6

37,233

15,468

NET CURRENT ASSETS

38,798

45,565

TOTAL ASSETS LESS CURRENT LIABILITIES

52,410

64,281

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

52,408

64,279

SHAREHOLDERS' FUNDS

52,410

64,281

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 12 May 2020 and were signed on its behalf by:

Mr Sean Banton - Director

1.	STATUTORY INFORMATION

Greenhill Building Company 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 each asset over its estimated useful life.

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

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 4 (2019 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2019

16,497

16,486

299

33,282

Additions

280

-

-

280

Disposals

(2,543

)

-

-

(2,543

)

At 31 March 2020

14,234

16,486

299

31,019

DEPRECIATION

At 1 April 2019

5,245

9,082

239

14,566

Charge for year

2,686

1,851

60

4,597

Eliminated on disposal

(1,756

)

-

-

(1,756

)

At 31 March 2020

6,175

10,933

299

17,407

NET BOOK VALUE

At 31 March 2020

8,059

5,553

-

13,612

At 31 March 2019

11,252

7,404

60

18,716

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

1,044

1,044

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

9,107

1

Taxation and social security

18,985

15,085

Other creditors

9,141

382

37,233

15,468