Fira Landscape Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02767106 (England and Wales)

ABRIDGED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

FIRA LANDSCAPE LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

J Findlay

J Parker

V Phillips

R Sudall

REGISTERED OFFICE:

Jewellery Business Centre

95 Spencer Street

Birmingham

B18 6DA

REGISTERED NUMBER:

02767106 (England and Wales)

ACCOUNTANTS:

James

Chartered Accountants

6 Beaconsfield Road

Clifton

Bristol

BS8 2TS

FIXED ASSETS

Tangible assets

4

23,837

26,743

CURRENT ASSETS

Debtors

258,922

259,977

Cash at bank and in hand

678,073

704,821

936,995

964,798

CREDITORS

Amounts falling due within one year

482,349

398,463

NET CURRENT ASSETS

454,646

566,335

TOTAL ASSETS LESS CURRENT LIABILITIES

478,483

593,078

CREDITORS

Amounts falling due after more than one year

-

(16,021

)

PROVISIONS FOR LIABILITIES

(5,100

)

(5,100

)

NET ASSETS

473,383

571,957

CAPITAL AND RESERVES

Called up share capital

5

60,000

60,003

Share premium

6

11,481

11,481

Retained earnings

6

401,902

500,473

SHAREHOLDERS' FUNDS

473,383

571,957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 March 2022 and were signed on its behalf by:

V Phillips - Director

1.	STATUTORY INFORMATION

Fira Landscape Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

33% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2020 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2021

273,340

Additions

8,834

At 31 December 2021

282,174

DEPRECIATION

At 1 January 2021

246,597

Charge for year

11,740

At 31 December 2021

258,337

NET BOOK VALUE

At 31 December 2021

23,837

At 31 December 2020

26,743

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

6,000,000

Ordinary

1p

60,000

60,003

During the year the company purchased 300 ordinary shares which were subsequently cancelled.

6.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 January 2021

500,473

11,481

511,954

Profit for the year

82,326

82,326

Purchase of own shares

(180,897

)

-

(180,897

)

At 31 December 2021

401,902

11,481

413,383

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fira Landscape Ltd for the year ended 31 December 2021 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Fira Landscape Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fira Landscape Ltd and state those matters that we have agreed to state to the Board of Directors of Fira Landscape Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fira Landscape Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Fira Landscape Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fira Landscape Ltd. You consider that Fira Landscape Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Fira Landscape 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 statutory financial statements.

James

Chartered Accountants

6 Beaconsfield Road

Clifton

Bristol

BS8 2TS

23 March 2022