Company Registration No. 4382236 (England and Wales)
Lawn Science (Bucks) Limited
Unaudited accounts
for the year ended 31 March 2022
Lawn Science (Bucks) Limited
Unaudited accounts
Contents
Lawn Science (Bucks) Limited
Company Information
for the year ended 31 March 2022
Director
Mr T J P Nicholson
Company Number
4382236 (England and Wales)
Registered Office
Church House
3 Stratford Road Nash
Milton Keynes
Buckinghamshire
MK17 0ES
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Lawn Science (Bucks) Limited
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
117,054
110,779
Creditors: amounts falling due within one year
(67,358)
(93,813)
Net current assets
51,332
24,849
Total assets less current liabilities
51,332
45,139
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
51,331
40,603
Shareholders' funds
51,332
40,604
For the year ending 31 March 2022 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 May 2022 and were signed on its behalf by
Mr T J P Nicholson
Director
Company Registration No. 4382236
Lawn Science (Bucks) Limited
Notes to the Accounts
for the year ended 31 March 2022
Lawn Science (Bucks) Limited is a private company, limited by shares, registered in England and Wales, registration number 4382236. The registered office is Church House, 3 Stratford Road Nash, Milton Keynes, Buckinghamshire, MK17 0ES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Patents and licences are written off on a straight line basis over 5 years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Motor vehicles
15% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
15% on reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Lawn Science (Bucks) Limited
Notes to the Accounts
for the year ended 31 March 2022
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2021
14,762
46,892
395
3,603
65,652
Disposals
(14,762)
(46,892)
(395)
(3,603)
(65,652)
At 31 March 2022
-
-
-
-
-
At 1 April 2021
9,821
33,787
220
1,534
45,362
On disposals
(9,821)
(33,787)
(220)
(1,534)
(45,362)
At 31 March 2022
-
-
-
-
-
At 31 March 2022
-
-
-
-
-
At 31 March 2021
4,941
13,105
175
2,069
20,290
6
Debtors: amounts falling due within one year
2022
2021
7
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
7,239
10,032
Other creditors
34,834
40,172
Loans from directors
22,018
38,990
Lawn Science (Bucks) Limited
Notes to the Accounts
for the year ended 31 March 2022
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
