Fairview Landscapes (Northwest) Ltd,Ltd - AccountsLtd - Accounts

FAIRVIEW LANDSCAPES (NORTH WEST) LIMITED - Company Information

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Fairview Landscapes (Northwest) Ltd

Registered Number:08254179

For the year ended 31 March 2019

England and Wales

Unaudited Financial Statements

As at 31 March 2019

Fairview Landscapes (Northwest) Ltd

Statement of Financial Position

Registered Number :

08254179

2018

2019

Notes

Fixed assets

Property, plant and equipment

17,079

3,143

17,079

3,143

Current assets

Inventories

20,940

15,180

Trade and other receivables

16,741

100

Cash and cash equivalents

100

32,021

21,040

Trade and other payables: amounts falling due within one year

(12,554)

(42,389)

8,486

(10,368)

Net current liabilities

Total assets less current liabilities

6,711

11,629

6,711

Net assets

11,629

Capital and reserves

Called up share capital

Retained earnings

6,710

11,628

6,711

11,629

Shareholders' funds

For the year ended 31 March 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Matthew O'Brien Director

These financial statements were approved and authorised for issue by the Board on 08 August 2019 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2019

Fairview Landscapes (Northwest) Ltd

Notes to the Financial Statements

Statutory Information

Fairview Landscapes (Northwest) Ltd is a private limited company, limited by shares, domiciled in England and Wales,

registration number 08254179.

Registered address:

6 Fairview Drive

Adlington

Chorley

Lancs

PR6 9SB

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard

102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The

financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

20 Reducing balance

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.

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For the year ended 31 March 2019

Fairview Landscapes (Northwest) Ltd

Notes to the Financial Statements Continued

2. Property, plant and equipment

Plant and

machinery

Cost or valuation

At 01 April 2018

8,614

18,207

Additions

At 31 March 2019

26,821

Provision for depreciation and impairment

At 01 April 2018

5,471

Charge for year

4,271

At 31 March 2019

9,742

At 31 March 2019

Net book value

17,079

At 31 March 2018

3,143

3. Inventories

2018

2019

Stocks

15,180

20,940

4. Trade and other receivables

2018

2019

Other debtors

16,741

5. Trade and other payables: amounts falling due within one year

2018

2019

Bank loans and overdraft

31,270

2,085

Taxation and social security

5,318

4,434

Other creditors

5,801

6,035

42,389

12,554

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