REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD 1 MARCH 2023 TO 30 SEPTEMBER 2023 |
FOR |
GREEN BEE HOMES LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD 1 MARCH 2023 TO 30 SEPTEMBER 2023 |
FOR |
GREEN BEE HOMES LIMITED |
GREEN BEE HOMES LIMITED (REGISTERED NUMBER: 08416293) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 MARCH 2023 TO 30 SEPTEMBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
GREEN BEE HOMES LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1 MARCH 2023 TO 30 SEPTEMBER 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
3 Durrant Road |
Bournemouth |
Dorset |
BH2 6NE |
GREEN BEE HOMES LIMITED (REGISTERED NUMBER: 08416293) |
BALANCE SHEET |
30 SEPTEMBER 2023 |
2023 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
GREEN BEE HOMES LIMITED (REGISTERED NUMBER: 08416293) |
BALANCE SHEET - continued |
30 SEPTEMBER 2023 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
GREEN BEE HOMES LIMITED (REGISTERED NUMBER: 08416293) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 MARCH 2023 TO 30 SEPTEMBER 2023 |
1. | STATUTORY INFORMATION |
Green Bee Homes Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover in the profit and loss account represents services provided during the year. |
Tangible fixed assets |
Improvements to property | - |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
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 period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
GREEN BEE HOMES LIMITED (REGISTERED NUMBER: 08416293) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 MARCH 2023 TO 30 SEPTEMBER 2023 |
2. | ACCOUNTING POLICIES - continued |
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 period 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 period was |
4. | TANGIBLE FIXED ASSETS |
Improvements | Fixtures |
to | Plant and | and | Computer |
property | machinery | fittings | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 March 2023 |
Additions |
At 30 September 2023 |
DEPRECIATION |
At 1 March 2023 |
Charge for period |
At 30 September 2023 |
NET BOOK VALUE |
At 30 September 2023 |
At 28 February 2023 |
GREEN BEE HOMES LIMITED (REGISTERED NUMBER: 08416293) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 MARCH 2023 TO 30 SEPTEMBER 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2023 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2023 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2023 |
£ | £ |
Bank loans |
GREEN BEE HOMES LIMITED (REGISTERED NUMBER: 08416293) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 MARCH 2023 TO 30 SEPTEMBER 2023 |
8. | RELATED PARTY DISCLOSURES |
At the balance sheet date the company had received loans from the directors of £8,029 (Feb 2023 - £25) which are included in creditors falling due within one year. This balance is interest free and repayable on demand. |
Green Bee Homes (BR) Ltd |
A company under common control. |
Non interest bearing loan on which no terms of repayment have been agreed. The amount due from Green Bee Homes Ltd at the balance sheet date was £533,178 (Feb 2023 - £286,947) |
Green Bee Homes (PR) Ltd |
A company under common control. |
Non interest bearing loan on which no terms of repayment have been agreed. The amount due from Green Bee Homes Ltd at the balance sheet date was £43,124 (Feb 2023 - £270,137). |
Boscombe Manor Investments Ltd |
A company under common control. |
Non interest bearing loan on which no terms of repayment have been agreed. The amount due from Green Bee Homes Ltd at the balance sheet date was £122,068 (Feb 2023 - amount due to Green Bee Homes Ltd - £637). |
Green Bee Homes Developments Ltd |
The parent company of Green Bee Homes Ltd. |
Non interest bearing loan on which no terms of repayment have been agreed. The amount due from Green Bee Homes Ltd at the balance sheet date was £212,961 (Feb 2023 - £212,974). |
9. | ULTIMATE CONTROLLING PARTY |
In the opinion of the directors, with effect from 06/09/2019, Green Bee Homes Developments Ltd (Registered in England & Wales, company number 12161141) was regarded as the company's ultimate parent company. |