Plincke_Landscape_Ltd_31_Mar_2023_companies_house_set_of_accounts.html

PLINCKE LANDSCAPE LIMITED - Company Information

Company registration number:

02578483

Plincke Landscape Ltd

Unaudited Filleted Financial Statements for the year ended

31 March 2023

Plincke Landscape Ltd

Report to the board of directors on the preparation of the unaudited statutory financial statements of Plincke Landscape Ltd

Year ended

31 March 2023

As described on the statement of financial position, the Board of Directors of

Plincke Landscape Ltd

are responsible for the preparation of the

financial statements

for the year ended

31 March 2023

, which comprise the income statement, statement of financial position and related notes.

You consider that the company is exempt from an audit under the Companies Act 2006.

In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

McColm Cardew Ltd

Chartered Certified Accountants

8 Main Street

Bilton

Rugby

CV22 7NB

United Kingdom

Date:

12 December 2023

Plincke Landscape Ltd

Statement of Financial Position

31 March 2023

		2023		2022
	Note	£		£
Fixed assets
Tangible assets	5	9,207		14,897
Current assets
Stocks		25,014		24,945
Debtors	6	158,927		130,445
Cash at bank and in hand		182,986		229,555
		366,927		384,945
Creditors: amounts falling due within one year	7	(111,964	)	(149,241	)
Net current assets		254,963		235,704
Total assets less current liabilities		264,170		250,601
Capital and reserves
Called up share capital		100		100
Revaluation reserve		4,598		4,598
Other reserves		49		49
Profit and loss account		259,423		245,854
Shareholders funds		264,170		250,601

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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

12 December 2023

, and are signed on behalf of the board by:

CA Burden

Director

Company registration number:

02578483

Plincke Landscape Ltd

Notes to the Financial Statements

Year ended

31 March 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

Deerhurst Studio

The Green

Dunchurch

Rugby

CV22 6NJ

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery	33 % reducing balance
Fixtures, fittings and equipment	33% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

Employee Benefits

The costs of short-term benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

4 Average number of employees

The average number of persons employed by the company during the year was

(2022:

8.00

5 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 April 2022	115,694
Additions	2,197
Disposals	(17,804	)
At 31 March 2023	100,087
Depreciation
At 1 April 2022	100,797
Charge	5,864
Disposals	(15,781	)
At 31 March 2023	90,880
Carrying amount
At 31 March 2023	9,207
At 31 March 2022	14,897

6 Debtors

	2023	2022
	£	£
Trade debtors	139,366	108,967
Other debtors	19,561	21,478
	158,927	130,445

7 Creditors: amounts falling due within one year

	2023	2022
	£	£
Trade creditors	14,287	43,770
Taxation and social security	62,670	48,444
Other creditors	35,007	57,027
	111,964	149,241