SEYMOURS LANDSCAPES LTD Filleted accounts for Companies House (small and micro)
SEYMOURS LANDSCAPES LTD Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
05609422
|
|
For the year ended |
|
|
Financial Statements |
Year ended 30 June 2018
Contents |
Pages |
Statement of financial position |
1 to 2 |
Notes to the financial statements |
3 to 5 |
|
Statement of Financial Position |
2018 |
2017 |
||
Note |
£ |
£ |
£ |
Current assets
Debtors |
5 |
|
|
|
Cash at bank and in hand |
|
|
||
-------- |
-------- |
|||
|
|
|||
Creditors: amounts falling due within one year |
6 |
(
|
(
|
|
--------- |
--------- |
|||
Net current liabilities |
(
|
(
|
||
--------- |
--------- |
|||
Total assets less current liabilities |
(
|
(
|
||
Provisions
Taxation including deferred tax |
|
|
|
--------- |
--------- |
||
Net liabilities |
(
|
(
|
|
--------- |
--------- |
||
Capital and reserves
Called up share capital |
7 |
|
|
|
Profit and loss account |
(
|
(
|
||
--------- |
--------- |
|||
Shareholder's funds |
(
|
(
|
||
--------- |
--------- |
|||
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
|
Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
27 March 2019
, and are signed on behalf of the board by:
|
|
Director |
|
Company registration number:
05609422
|
Notes to the Financial Statements |
Year ended 30 June 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Maple Grove Business Centre, Lawrence Road, Hounslow, Middlesex, TW4 6DR.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in UK sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
Going concern
These accounts have been prepared on a going concern basis. The company is dependent on the continued support of its director and parent undertaking. These financial statements do not include any adjustments which might result from the withdrawal of such support.
Trade receivable
Trade receivables do not carry any interest and are stated at their original value as reduced by appropriate allowances for estimated irrecoverable amounts.
Trade payable
Trade payable do not carry any interest and are stated at their original invoice value.
Revenue recognition
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income. In this case, tax is recognised in other comprehensive income. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & Machinery |
- |
|
|
Provisions
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2017:
4
).
5.
Debtors
2018 |
2017 |
|
£ |
£ |
|
Trade debtors |
|
|
Other debtors |
|
|
------- |
------- |
|
|
|
|
------- |
------- |
|
6.
Creditors:
amounts falling due within one year
2018 |
2017 |
|
£ |
£ |
|
Trade creditors |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
|
Social security and other taxes |
|
|
Other creditors |
|
|
--------- |
--------- |
|
|
|
|
--------- |
--------- |
|
7.
Called up share capital
Issued, called up and fully paid
2018 |
2017 |
|||
No. |
£ |
No. |
£ |
|
|
|
1.00 |
|
1.00 |
---- |
----- |
---- |
----- |
|
8.
Related party transactions
The company entered into the following related party transactions during the year:
Related Party | Relationship | Transaction Type | 2018 | 2017 |
£ | £ | |||
Seymours Gardens Ltd | Holding Company | Amount due to/(from) | 176,843 | 143,914 |
Rent Paid | 2,800 | 2,800 | ||
Interest paid | 274 | 287 | ||
Mangement Fees Paid | 7,200 | 7,200 | ||
Fishey Business (Sussex) Ltd | Fellow Subsidiary | Amount due to/(from) | 343 | 769 |