Evergreen Trees And Shrubs Ltd - Limited company - abbreviated

REGISTERED NUMBER: 04529657 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

FOR

EVERGREEN TREES AND SHRUBS LTD

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

25,757

26,752

CURRENT ASSETS

Stocks

50,000

22,500

Debtors

3

252,296

49,931

Cash at bank and in hand

124,974

60,778

427,270

133,209

CREDITORS

Amounts falling due within one year

411,286

113,929

NET CURRENT ASSETS

15,984

19,280

TOTAL ASSETS LESS CURRENT LIABILITIES

41,741

46,032

PROVISIONS FOR LIABILITIES

5,152

4,709

NET ASSETS

36,589

41,323

CAPITAL AND RESERVES

Called up share capital

4

200

Profit and loss account

36,389

41,123

SHAREHOLDERS' FUNDS

36,589

41,323

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 October 2015 and were signed on its behalf
by:

Mr A G Knights - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange

ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating

result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account 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 the profit and loss account in the period to which they relate.

Revenue recognition

Revenue is recognised in full when an order is placed by a customer as an obligation to manufacture the

product is in place at this date.

Trust

The Company has created a trust whose beneficiaries will include employees of the Company and their

dependents. Assets held under this trust will be controlled by trustees who will be acting independently and

entirely at their own discretion.

Where assets are held in the trust and these are considered by the Company to be in respect of services

already provided by employees to the Company, the Company will account for these as assets of the trust

when payment is made to the trust. The value transferred will be charged to the Company's profit and loss

account for the year to which it relates.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2014

50,189

Additions

6,183

At 28 February 2015

56,372

DEPRECIATION

At 1 March 2014

23,437

Charge for year

7,178

At 28 February 2015

30,615

NET BOOK VALUE

At 28 February 2015

25,757

At 28 February 2014

26,752

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 200,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

198

Ordinary

£1

198

2

Ordinary B

£1

2

200

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 28 February 2015 and the

period ended 28 February 2014:

2015

2014

£

Mr A G Knights and Mrs A Knights

Balance outstanding at start of year

(56,648

)

(28,375

)

Amounts advanced

110,962

344,460

Amounts repaid

(24,112

)

(372,733

)

Balance outstanding at end of year

30,202

(56,648

)

Miss G E Knights

Balance outstanding at start of year

108

-

Amounts advanced

10,632

5,773

Amounts repaid

(23,162

)

(5,665

)

Balance outstanding at end of year

(12,422

)

108

The above loans are unsecured and repayable on demand. Overdrawn balances are charged at 3.25%.

6.	DIVIDENDS TO DIRECTORS

Director

2015

2014

Mr A G Knights

£ nil

£55,000

Miss G Knights

£23,162

£ 5,665

Mrs A Knights

£ nil

£55,000

Evergreen Trees And Shrubs Ltd - Limited company - abbreviated - 11.6

Evergreen Trees And Shrubs Ltd - Limited company - abbreviated - 11.6