Arbor Venture Tree Care Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11988964 (England and Wales)

Financial Statements

for the Year Ended 31 March 2021

for

ARBOR VENTURE TREE CARE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms J A Hedger

SECRETARY:

REGISTERED OFFICE:

Glenwood

Crabbswood Lane

Sway

Lymington

SO41 6EQ

REGISTERED NUMBER:

11988964 (England and Wales)

ACCOUNTANTS:

Hunter Simmons Ltd

EMP Building

Unit 1, 4 Solent Road

Havant

Portsmouth

Hampshire

PO9 1JH

FIXED ASSETS

Intangible assets

4

8,000

9,000

Tangible assets

5

79,812

52,758

87,812

61,758

CURRENT ASSETS

Stocks

3,193

7,000

Debtors

6

13,811

10,464

Cash at bank and in hand

95,610

37,230

112,614

54,694

CREDITORS

Amounts falling due within one year

7

121,008

75,605

NET CURRENT LIABILITIES

(8,394

)

(20,911

)

TOTAL ASSETS LESS CURRENT LIABILITIES

79,418

40,847

CREDITORS

Amounts falling due after more than one year

8

27,320

38,978

NET ASSETS

52,098

1,869

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

51,998

1,769

SHAREHOLDERS' FUNDS

52,098

1,869

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 10 December 2021 and were signed by:

Ms J A Hedger - Director

1.	STATUTORY INFORMATION

Arbor Venture Tree Care 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 7 (2020 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2020

and 31 March 2021

10,000

AMORTISATION

At 1 April 2020

1,000

Charge for year

1,000

At 31 March 2021

2,000

NET BOOK VALUE

At 31 March 2021

8,000

At 31 March 2020

9,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2020

70,346

Additions

53,664

At 31 March 2021

124,010

DEPRECIATION

At 1 April 2020

17,588

Charge for year

26,610

At 31 March 2021

44,198

NET BOOK VALUE

At 31 March 2021

79,812

At 31 March 2020

52,758

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

13,811

10,464

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Hire purchase contracts

16,195

18,730

Trade creditors

(1

)

(1

)

Taxation and social security

31,142

14,189

Other creditors

73,672

42,687

121,008

75,605

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Hire purchase contracts

27,320

38,978

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms J A Hedger.