Company Registration No. 09918577 (England and Wales)
Tranquilo Landscapes Ltd
Unaudited accounts
for the year ended 31 December 2022
Tranquilo Landscapes Ltd
Unaudited accounts
Contents
Tranquilo Landscapes Ltd
Company Information
for the year ended 31 December 2022
Company Number
09918577 (England and Wales)
Registered Office
432 Gloucester Road
Horfield
Bristol
BS7 8TX
Accountants
Evans Entwistle
432 Gloucester Rd
Bristol
BS7 8TX
Tranquilo Landscapes Ltd
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
6,186
12,922
Creditors: amounts falling due within one year
(17,368)
(12,837)
Net current (liabilities)/assets
(8,556)
10,125
Total assets less current liabilities
5,777
10,125
Creditors: amounts falling due after more than one year
(14,518)
(10,057)
Provisions for liabilities
Net (liabilities)/assets
(11,464)
68
Called up share capital
2
2
Profit and loss account
(11,466)
66
Shareholders' funds
(11,464)
68
For the year ending 31 December 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 16 February 2023 and were signed on its behalf by
Oliver Sharpe
Director
Company Registration No. 09918577
Tranquilo Landscapes Ltd
Notes to the Accounts
for the year ended 31 December 2022
Tranquilo Landscapes Ltd is a private company, limited by shares, registered in England and Wales, registration number 09918577. The registered office is 432 Gloucester Road, Horfield, Bristol, BS7 8TX.
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.
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:
Motor vehicles
4 years - straight line
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.
Tranquilo Landscapes Ltd
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
-
496
496
At 31 December 2022
16,000
-
16,000
At 1 January 2022
-
496
496
Charge for the year
1,667
-
1,667
At 31 December 2022
1,667
-
1,667
At 31 December 2022
14,333
-
14,333
Amounts falling due within one year
Other debtors
2,626
10,040
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,612
6,087
Taxes and social security
2,206
3,076
7
Creditors: amounts falling due after more than one year
2022
2021
Loans from directors
7,261
-
Tranquilo Landscapes Ltd
Notes to the Accounts
for the year ended 31 December 2022
8
Deferred taxation
2022
2021
Accelerated capital allowances
2,723
-
Charged to the profit and loss account
2,723
-
Provision at end of year
2,723
-
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 4 (2021: 4).
