Four Seasons Landscaping & Gardening Services Ltd
Four Seasons Landscaping & Gardening Services Ltd
Registered number: 04963541
Director's Report and
Unaudited Financial Statements
For The Year Ended
31 March 2021
Four Seasons Landscaping & Gardening Services Ltd
Director's Report and Unaudited Financial Statements
For The Year Ended
31 March 2021
Director's Report and Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Company Information | 1 |
| Director's Report | 2 |
| Accountants' Report | 3 |
| Statement of Income and Retained Earnings | 4 |
| Balance Sheet | 5—6 |
| Notes to the Financial Statements | 7—10 |
Four Seasons Landscaping & Gardening Services Ltd
Company Information
For The Year Ended
31 March 2021
Company Information
| Director |
|
| Secretary |
|
| Company Number |
|
| Registered Office | Bank House |
| 81 St Judes Road | |
| Englefield Green | |
| Surrey | |
| TW20 0DF | |
| Accountants |
|
|
|
|
| Englefield Green | |
| TW20 0DF | |
Page 1
Four Seasons Landscaping & Gardening Services Ltd
Company No. 04963541
Director's Report For The Year Ended
31 March 2021
Director's Report
The director presents his report and the financial statements for the year ended
31 March 2021
.
Principal Activity
The company's principal activity continues to be that of landscaping and gardening services.
Directors
The directors who held office during the year were as follows:
|
|
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
|
Director
|
|
|
Page 2
Four Seasons Landscaping & Gardening Services Ltd
Accountants' Report
For The Year Ended
31 March 2021
Accountants' Report
Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of
Four Seasons Landscaping & Gardening Services Ltd
For The Year Ended 31 March 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Four Seasons Landscaping & Gardening Services Ltd
For The Year Ended 31 March 2021 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of
Four Seasons Landscaping & Gardening Services Ltd
, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of
Four Seasons Landscaping & Gardening Services Ltd
and state those matters that we have agreed to state to the director of
Four Seasons Landscaping & Gardening Services Ltd
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Four Seasons Landscaping & Gardening Services Ltd
and its director, as a body, for our work or for this report.
It is your duty to ensure that
Four Seasons Landscaping & Gardening Services Ltd
has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of
Four Seasons Landscaping & Gardening Services Ltd
. You consider that
Four Seasons Landscaping & Gardening Services Ltd
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of
Four Seasons Landscaping & Gardening Services Ltd
. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
|
|
Bank House, 81 St Judes Road
Englefield Green
TW20 0DF
Page 3
Four Seasons Landscaping & Gardening Services Ltd
Statement of Income and Retained Earnings
For The Year Ended
31 March 2021
Statement of Income and Retained Earnings
| 2021 | 2020 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| TURNOVER |
|
|
||
| Cost of sales |
( |
( |
||
| GROSS PROFIT |
|
|
||
| Administrative expenses |
( |
( |
||
| OPERATING (LOSS)/PROFIT | 2 |
( |
|
|
| Interest payable and similar charges |
|
( |
||
| (LOSS)/PROFIT FOR THE FINANCIAL YEAR |
( |
|
||
| RETAINED EARNINGS | ||||
| As at
|
|
( |
||
| Dividends paid | - | (2,000) | ||
| As at
|
( |
|
||
The notes on pages 7 to 10 form part of these financial statements.
Page 4
Four Seasons Landscaping & Gardening Services Ltd
Balance Sheet
As at
31 March 2021
Balance Sheet
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 5 |
|
|
||
|
|
|
||||
| CURRENT ASSETS | |||||
| Debtors | 6 |
|
|
||
| Cash at bank and in hand |
|
|
|||
|
|
|
||||
| Creditors: Amounts Falling Due Within One Year | 7 |
( |
( |
||
| NET CURRENT ASSETS (LIABILITIES) |
|
( |
|||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
| Creditors: Amounts Falling Due After More Than One Year | 8 |
( |
( |
||
| NET (LIABILITIES)/ASSETS |
( |
|
|||
| CAPITAL AND RESERVES | |||||
| Called up share capital | 9 |
|
|
||
| Profit and Loss Account |
( |
|
|||
| SHAREHOLDERS' FUNDS | (10,764) | 5,981 | |||
Page 5
Four Seasons Landscaping & Gardening Services Ltd
Balance Sheet (continued)
As at
31 March 2021
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
|
Director
|
|
|
The notes on pages 7 to 10 form part of these financial statements.
Page 6
Four Seasons Landscaping & Gardening Services Ltd
Notes to the Financial Statements
For The Year Ended
31 March 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Coronavirus
On 11 March 2020 the World Health Organisation declared the COVID-19 outbreak as a worldwide pandemic. The directors are carefully monitoring the situation and following the applicable guidance issued by the UK Government. The outbreak has had a significant impact on both people and industry across the world. Due to the nature of the outbreak and the ongoing affect it is having globally it is currently very difficult to fully predict the overall impact this situation will have on the company and the business going forward.
1.2.
Going Concern Disclosure
The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.
1.3.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery |
|
| Motor Vehicles |
|
1.5.
Government Grant
The company accounts for grants using the accrual method. The company received a government grant during the year which was in relation to the Corona-Virus Bounce Back Loan Scheme. The interest rate is 2.5% per year.
2.
Operating Loss
The operating loss is stated after charging:
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Director's remuneration |
|
|
|
| Depreciation of tangible fixed assets |
|
|
|
3.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2020: 2)
Page 7
Four Seasons Landscaping & Gardening Services Ltd
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2021
4.
Tax on Profit
| Tax Rate | 2021 | 2020 | |||
|---|---|---|---|---|---|
| 2021 | 2020 | £ | £ | ||
| UK Corporation Tax | 19.0% | 19.0% |
|
|
|
| 2021 | 2020 | ||||
| £ | £ | ||||
| Profit before tax | (16,745) | 26,998 | |||
| Breakdown of Tax Charge is: | |||||
| Tax on profit at 19% (UK standard rate) |
|
|
|||
| Expenses not deductible for tax purposes |
|
|
|||
| Tax losses utilised |
|
( |
|||
| Total tax charge for the period | - | - | |||
The company has carried forward losses of £13,896 to use against future profits.
5.
Tangible Assets
| Plant & Machinery | Motor Vehicles | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at
|
|
|
|
| Additions |
|
|
|
| As at
|
|
|
|
| Depreciation | |||
| As at
|
|
|
|
| Provided during the period |
|
|
|
| As at
|
|
|
|
| Net Book Value | |||
| As at
|
|
|
|
| As at
|
|
|
|
6.
Debtors
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
|
|
|
| Other debtors |
|
|
|
|
|
|
||
Page 8
Four Seasons Landscaping & Gardening Services Ltd
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2021
7.
Creditors: Amounts Falling Due Within One Year
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
|
|
|
| Bank loans and overdrafts |
|
|
|
| Other taxes and social security |
|
|
|
| VAT |
|
|
|
| Other creditors |
|
|
|
| Director's loan account |
|
|
|
|
|
|
||
8.
Creditors: Amounts Falling Due After More Than One Year
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans |
|
|
|
| Other creditors |
|
|
|
|
|
|
||
10.
Dividends
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| On equity shares: | |||
| Final dividend paid |
|
|
|
| - | 2,000 | ||
11.
Related Party Transactions
Mr EJ Vosloo is the director of the company.
At the Balance Sheet date the company owed to Mr EJ Vosloo £7,666 (2020: £5,707). This loan is interest free, unsecured and repayable on demand.
12.
Ultimate Controlling Party
The controlling party is Mr. E Vosloo.
Page 9
Four Seasons Landscaping & Gardening Services Ltd
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2021
13.
General Information
Four Seasons Landscaping & Gardening Services Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
04963541
. The registered office is Bank House, 81 St Judes Road, Englefield Green, Surrey, TW20 0DF.
Page 10