Hoyles Lane Developments Limited
The company is a special purpose vehicle wholly owned by Green Pastures CBS Ltd, an exempt charity. The company was incorporated to develop a vacant site by building 9 homes for open market sale. Recent significant increases in costs of building materials have transformed the profit into a loss. By the year end date 4 of 9 properties had been sold and as of the date of signing this report those remaining 5 properties have been sold to the parent company.
Revenue
£973k
No comparable prior period
Profit after tax
-£143k
Margin -4.2%
Employees
4
— vs prior ~12m period
Net assets
-£190k
Total assets £1.6m
Financial history
Revenue by accounting period
2 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Mar 2022 | £973k | ▼ -32.1% | -£143k | 4 | -£190k |
| 31 Mar 2021 | £1.4m | — | -£48k | 4 | -£47k |
Latest available figures
Period ending 31 Mar 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £973k
- Gross profit
- -£33k
- Operating profit
- -£41k
- Profit before tax
- -£143k
- Profit after tax
- -£143k
Balance sheet
- Total assets
- £1.6m
- Cash
- £76k
- Total liabilities
- £1.8m
- Net assets
- -£190k
- Revenue per employee
- £243k
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