Four Seasons Landscaping & Gardening Services Ltd
Four Seasons Landscaping & Gardening Services Ltd
Registered number: 04963541
Unaudited Financial Statements
For The Year Ended
31 March 2023
Four Seasons Landscaping & Gardening Services Ltd
Unaudited Financial Statements
For The Year Ended
31 March 2023
Unaudited Financial Statements
Contents | |
Page | |
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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—5 |
Page 1
Four Seasons Landscaping & Gardening Services Ltd
Balance Sheet
As at
31 March 2023
Balance Sheet
Registered number:
04963541
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
2023 | 2022 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 3 |
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CURRENT ASSETS | |||||
Debtors | 4 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 5 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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Creditors: Amounts Falling Due After More Than One Year | 6 |
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NET LIABILITIES |
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CAPITAL AND RESERVES | |||||
Called up share capital | 7 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | (41,825) | (17,232) | |||
Page 1
Page 2
Four Seasons Landscaping & Gardening Services Ltd
Balance Sheet (continued)
As at
31 March 2023
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Director
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Four Seasons Landscaping & Gardening Services Ltd
Notes to the Financial Statements
For The Year Ended
31 March 2023
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
1.2.
Going Concern Disclosure
The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.
1.3.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery |
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Motor Vehicles |
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2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2022: 2)
3.
Tangible Assets
Plant & Machinery | Motor Vehicles | Total | |
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£ | £ | £ | |
Cost | |||
As at
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Additions |
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As at
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Depreciation | |||
As at
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Provided during the period |
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As at
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Net Book Value | |||
As at
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As at
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Page 3
Page 4
Four Seasons Landscaping & Gardening Services Ltd
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2023
4.
Debtors
2023 | 2022 | ||
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£ | £ | ||
Due within one year | |||
Trade debtors |
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Other debtors |
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VAT |
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5.
Creditors: Amounts Falling Due Within One Year
2023 | 2022 | ||
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£ | £ | ||
Trade creditors |
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Bank loans and overdrafts |
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Other taxes and social security |
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VAT | - |
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Other creditors |
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Credit card |
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Director's loan account |
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6.
Creditors: Amounts Falling Due After More Than One Year
2023 | 2022 | ||
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£ | £ | ||
BBL due > 1 Yr |
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The bank loan is part of the BBL Scheme that was launched on 27 April 2020. The scheme is 100% government backed. The interest rate is 2.5% per year and the term of the loan is 5 years, and early repayment is possible without additional charges.
7.
Share Capital
2023 | 2022 | ||
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Allotted, Called up and fully paid |
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Value | Number | 2023 | 2022 | ||
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Allotted, called up and fully paid | £ | £ | £ | ||
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1 | 1 | |
8.
Related Party Transactions
E J Vosloo is the director of the company.
At the Balance Sheet date the company owed to Mr EJ Vosloo £19,199 (2022: £5,098). This loan is interest free, unsecured and repayable on demand.
The controlling party is E J Vosloo.
9.
Taxation
Page 4
Page 5
Four Seasons Landscaping & Gardening Services Ltd
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2023
The company has carried forward losses of £58,354 (2022 - £16,760) which it can use against future taxable profits.
10.
General Information
Four Seasons Landscaping & Gardening Services Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
04963541
. The registered office is Bank House, 81 St Judes Road, Englefield Green, Surrey, TW20 0DF.
Page 5