Arden Lea Group Limited - Accounts to registrar (filleted) - small 22.3
Arden Lea Group Limited - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2022 |
| FOR |
| ARDEN LEA GROUP LIMITED |
| ARDEN LEA GROUP LIMITED (REGISTERED NUMBER: 06624916) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| ARDEN LEA GROUP LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30TH NOVEMBER 2022 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 7-9 Station Road |
| Hesketh Bank |
| Preston |
| Lancashire |
| PR4 6SN |
| ARDEN LEA GROUP LIMITED (REGISTERED NUMBER: 06624916) |
| BALANCE SHEET |
| 30TH NOVEMBER 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| ARDEN LEA GROUP LIMITED (REGISTERED NUMBER: 06624916) |
| BALANCE SHEET - continued |
| 30TH NOVEMBER 2022 |
| 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 |
| ARDEN LEA GROUP LIMITED (REGISTERED NUMBER: 06624916) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2022 |
| 1. | STATUTORY INFORMATION |
| Arden Lea Group Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery | - |
| Motor vehicles | - |
| No depreciation is provided on freehold property |
| 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. |
| Going concern |
| Despite the Company's balance sheet showing net current liabilities at the year end, the accounts have been prepared on a going concern basis, which the directors believe to be appropriate, given the support of the Arden Lea group of companies, which overall have positive shareholder funds. |
| Included in creditors are loans from subsidiary companies totalling £182,223 which the directors have confirmed will not be due for repayment until the company is in a position to make these payments. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| ARDEN LEA GROUP LIMITED (REGISTERED NUMBER: 06624916) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH NOVEMBER 2022 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Plant and | Motor |
| property | machinery | vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st December 2021 |
| Disposals | ( |
) | ( |
) |
| At 30th November 2022 |
| DEPRECIATION |
| At 1st December 2021 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30th November 2022 |
| NET BOOK VALUE |
| At 30th November 2022 |
| At 30th November 2021 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 1st December 2021 |
| and 30th November 2022 |
| NET BOOK VALUE |
| At 30th November 2022 |
| At 30th November 2021 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Amounts owed by group undertakings |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Bank loans and overdrafts |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| ARDEN LEA GROUP LIMITED (REGISTERED NUMBER: 06624916) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH NOVEMBER 2022 |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 96,000 | 96,000 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2022 | 2021 |
| £ | £ |
| Bank loans |
| 10. | RELATED PARTY DISCLOSURES |
| Mawson Piling Limited, Vernon Ogden (Tarleton) Limited and Arden Lea (Irrigation) Limited are wholly owned subsidiaries of Arden Lea Group Limited which is wholly owned by the directors Mr and Mrs G Taylor. |
| West Lancs Hydraulics Limited is wholly owned by Mr & Mrs G Taylor. |
| During the year the company had the following transactions/balances with the above companies |
| 2022 | 2021 |
| £ | £ |
| EQUIPMENT HIRE CHARGES TO: |
| Arden Lea Irrigation Limited | 9,885 | 10,301 |
| Mawson Piling Limited | 34,127 | 35,564 |
| INTER COMPANY BALANCES WITH - Dr/(Cr) : |
| Arden Lea Irrigation Limited | (72,828 | ) | (81,159 | ) |
| Mawson Piling Limited | (101,895 | ) | 54,478 |
| Vernon Ogden (Tarleton) Limited | (7,500 | ) | (7,500 | ) |
| OTHER DEBTORS / (CREDITORS) |
| West Lancs Hydraulics Limited | (58,444 | ) | (48,444 | ) |