Company Registration No. 09918577 (England and Wales)
Tranquilo Landscapes Ltd
Unaudited accounts
for the year ended 31 December 2023
Tranquilo Landscapes Ltd
Unaudited accounts
Contents
Tranquilo Landscapes Ltd
Company Information
for the year ended 31 December 2023
Company Number
09918577 (England and Wales)
Registered Office
10 Fountain Court, New Leaze
Bradley Stoke
Bristol
BS32 4LA
Accountants
Evans Entwistle
10 Fountain Court, Elm House
New Leaze
Bradley Stoke
Bristol
BS32 4LA
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Tranquilo Landscapes Ltd
for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Tranquilo Landscapes Ltd for the year ended 31 December 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
10 Fountain Court, Elm House
New Leaze
Bradley Stoke
Bristol
BS32 4LA
13 March 2024
Tranquilo Landscapes Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
10,333
14,333
Cash at bank and in hand
1,489
6,186
Creditors: amounts falling due within one year
(15,271)
(17,368)
Net current liabilities
(10,376)
(8,556)
Total assets less current liabilities
(43)
5,777
Creditors: amounts falling due after more than one year
(4,049)
(14,518)
Provisions for liabilities
Deferred tax
(1,963)
(2,723)
Net liabilities
(6,055)
(11,464)
Called up share capital
2
2
Profit and loss account
(6,057)
(11,466)
Shareholders' funds
(6,055)
(11,464)
For the year ending 31 December 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 March 2024 and were signed on its behalf by
Oliver Sharpe
Director
Company Registration No. 09918577
Tranquilo Landscapes Ltd
Notes to the Accounts
for the year ended 31 December 2023
Tranquilo Landscapes Ltd is a private company, limited by shares, registered in England and Wales, registration number 09918577. The registered office is 10 Fountain Court, New Leaze, Bradley Stoke, Bristol , BS32 4LA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
4 years - straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tranquilo Landscapes Ltd
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Total
At 31 December 2023
16,000
At 31 December 2023
10,333
At 31 December 2022
14,333
5
Deferred taxation
2023
2022
Accelerated capital allowances
1,963
2,723
Provision at start of year
2,723
-
(Credited)/charged to the profit and loss account
(760)
2,723
Provision at end of year
1,963
2,723
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
loan advance during the financial year
-
3,406
-
3,406
The balance represents an interest free loan that is repayable to the company upon demand.
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).
