Bisley Trees Limited
Bisley Trees Limited
Registered number: 12681362
Unaudited Financial Statements
For The Year Ended 30 June 2023
Bisley Trees Limited
Unaudited Financial Statements
For The Year Ended 30 June 2023
Unaudited Financial Statements
Contents | |
Page | |
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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—5 |
Bisley Trees Limited
Balance Sheet
As At
30 June 2023
Balance Sheet
Registered number:
12681362
For the year ending 30 June 2023 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 directors acknowledge their 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.
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.
2023 | 2022 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 4 |
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CURRENT ASSETS | |||||
Debtors | 5 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 6 |
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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 | 7 |
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NET LIABILITIES |
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CAPITAL AND RESERVES | |||||
Called up share capital | 8 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | (11,702) | (1,147) | |||
Bisley Trees Limited
Balance Sheet (continued)
As At
30 June 2023
On behalf of the board
Director
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The notes on pages 3 to 5 form part of these financial statements.
Bisley Trees Limited
Notes to the Financial Statements
For The Year Ended 30 June 2023
Notes to the Financial Statements
1.
General Information
Bisley Trees Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
12681362
. The registered office is Bank House, 81 St Judes Road, Englefield Green, TW20 0DF.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2.
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.
2.3.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.4.
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:
Freehold |
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Plant & Machinery |
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3.
Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
Bisley Trees Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2023
4.
Tangible Assets
Land & Property | |||
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Freehold | Plant & Machinery | Total | |
£ | £ | £ | |
Cost | |||
As at 1 July 2022 |
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Additions |
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As at 30 June 2023 |
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Depreciation | |||
As at 1 July 2022 |
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Provided during the period |
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As at 30 June 2023 |
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Net Book Value | |||
As at 30 June 2023 |
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As at 1 July 2022 |
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5.
Debtors
2023 | 2022 | ||
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£ | £ | ||
Due within one year | |||
Other debtors |
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VAT |
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6.
Creditors: Amounts Falling Due Within One Year
2023 | 2022 | ||
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£ | £ | ||
Accruals and deferred income |
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7.
Creditors: Amounts Falling Due After More Than One Year
2023 | 2022 | ||
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£ | £ | ||
Directors loan account |
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Bisley Trees Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2023
9.
Related Party Transactions
At the year end the company owed the directors, E J Vosloo £2,171 (2022: £2,171) and R Goosen £291,284 (2022: £241,284). These loans are interest free with no fixed terms of repayment.
The ultimate controlling parties are the directors by virtue of their shareholdings.
10.
Taxation
The company has carried forward losses of £52,655 (2022: £1,149) which it can use against future taxable profit.