Envirocare Grounds Maintenance (Preston) - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07079980 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th September 2019

for

Envirocare Grounds Maintenance (Preston)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D Yates

Mr P Harrington

SECRETARY:

Mr P Harrington

REGISTERED OFFICE:

New Inn Farm

Dawson Lane

Leyland

Lancashire

PR25 5DB

REGISTERED NUMBER:

07079980 (England and Wales)

ACCOUNTANTS:

Robin Oatridge & Co Limited

Chartered Certified Accountants

Black Bull House

353-355 Station Road

Bamber Bridge

Preston

Lancashire

PR5 6EE

FIXED ASSETS

Tangible assets

4

18,912

69,803

CURRENT ASSETS

Stocks

-

18,750

Debtors

5

84,576

287,546

Cash at bank

336

5,983

84,912

312,279

CREDITORS

Amounts falling due within one year

6

282,887

618,341

NET CURRENT LIABILITIES

(197,975

)

(306,062

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(179,063

)

(236,259

)

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

(179,213

)

(236,409

)

SHAREHOLDERS' FUNDS

(179,063

)

(236,259

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2019 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 14th May 2020 and were signed on its behalf by:

Mr D Yates - Director

1.	STATUTORY INFORMATION

Envirocare Grounds Maintenance (Preston) 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 represents net invoiced services provided, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance

from the directors that associated companies under their control will continue to give financial support to the

company for the twelve months from the date of signing these financial accounts.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However,

should the financial support mentioned above not be forthcoming, the going concern basis used in the preparing

the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to

their realisable amount and provide for any further liabilities which might arise. The accounts do not include any

adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be

appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 55 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st October 2018

481,035

Disposals

(178,405

)

At 30th September 2019

302,630

DEPRECIATION

At 1st October 2018

411,232

Charge for year

18,961

Eliminated on disposal

(146,475

)

At 30th September 2019

283,718

NET BOOK VALUE

At 30th September 2019

18,912

At 30th September 2018

69,803

5.

DEBTORS

2019

2018

£

£

Amounts falling due within one year:

Trade debtors

-

212,546

Amounts falling due after more than one year:

Trade debtors

65,826

75,000

Other debtors

18,750

-

84,576

75,000

Aggregate amounts

84,576

287,546

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

-

28,593

Taxation and social security

214,158

283,203

Other creditors

68,729

306,545

282,887

618,341

7.	RELATED PARTY DISCLOSURES

Mr D Yates and Mr P Harrington are both directors of Envirocare Maintenance Solutions Limited, which also

has the same shareholders as the company.

As at 30 September 2019 the company owed £67,879 (2018 - £287,270) in the form of a loan to Envirocare

Maintenance Solutions Limited, and was owed £65,826 (2018 - £287,546) in the form of a trade debtor by

Envirocare Maintenance Solutions Limited. No interest has been charged on these amounts (2018 - nil).

Helmrig Limited is a company 100% controlled by Mr P Harrington. During the year, a loan of £15,000 was

repaid to Helmrig Limited (2018 - £15,000 was outstanding). No interest has been charged on this loan (2018 -

nil).

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.