Four Seasons Landscaping & Gardening Services Ltd
Four Seasons Landscaping & Gardening Services Ltd
Registered number: 04963541
Director's Report and
Unaudited Financial Statements
For The Year Ended 31 March 2024
Four Seasons Landscaping & Gardening Services Ltd
Director's Report and Unaudited Financial Statements
For The Year Ended 31 March 2024
Director's Report and Unaudited Financial Statements
Contents | |
Page | |
---|---|
Company Information | 1 |
Director's Report | 2 |
Accountants' Report | 3 |
Statement of Income and Retained Earnings | 4 |
Balance Sheet | 5—6 |
Notes to the Financial Statements | 7—10 |
Four Seasons Landscaping & Gardening Services Ltd
Company Information
For The Year Ended 31 March 2024
Company Information
Director |
|
Company Number |
|
Registered Office | Bank House |
81 St Judes Road | |
Englefield Green | |
Surrey | |
TW20 0DF | |
Accountants |
|
|
|
Englefield Green | |
TW20 0DF | |
Four Seasons Landscaping & Gardening Services Ltd
Company No. 04963541
Director's Report For The Year Ended 31 March 2024
Director's Report
The director presents his report and the financial statements for the year ended 31 March 2024.
Principal Activity
The company's principal activity continues to be that of landscaping and gardening services.
Directors
The director who held office during the year were as follows:
|
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Director
|
|
Four Seasons Landscaping & Gardening Services Ltd
Accountants' Report
For The Year Ended 31 March 2024
Accountants' Report
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 March 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed |
|
|
Bank House, 81 St Judes Road
Englefield Green
TW20 0DF
Four Seasons Landscaping & Gardening Services Ltd
Statement of Income and Retained Earnings
For The Year Ended 31 March 2024
Statement of Income and Retained Earnings
2024 | 2023 | |||
---|---|---|---|---|
Notes | £ | £ | ||
TURNOVER |
|
|
||
Cost of sales |
( |
( |
||
GROSS PROFIT |
|
|
||
Administrative expenses |
( |
( |
||
OPERATING LOSS |
( |
( |
||
Interest payable and similar charges |
( |
( |
||
LOSS FOR THE FINANCIAL YEAR |
( |
( |
||
RETAINED EARNINGS | ||||
As at 1 April 2023 |
( |
( |
||
As at 31 March 2024 |
( |
( |
||
The notes on pages 7 to 10 form part of these financial statements.
Four Seasons Landscaping & Gardening Services Ltd
Balance Sheet
As At
31 March 2024
Balance Sheet
2024 | 2023 | ||||
---|---|---|---|---|---|
Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 4 |
|
|
||
|
|
||||
CURRENT ASSETS | |||||
Debtors | 5 |
|
|
||
Cash at bank and in hand |
|
|
|||
|
|
||||
Creditors: Amounts Falling Due Within One Year | 6 |
( |
( |
||
NET CURRENT ASSETS (LIABILITIES) |
( |
( |
|||
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
|||
Creditors: Amounts Falling Due After More Than One Year | 7 |
( |
( |
||
NET LIABILITIES |
( |
( |
|||
CAPITAL AND RESERVES | |||||
Called up share capital | 9 |
|
|
||
Profit and Loss Account |
( |
( |
|||
SHAREHOLDERS' FUNDS | (74,108) | (41,825) | |||
Four Seasons Landscaping & Gardening Services Ltd
Balance Sheet (continued)
As At
31 March 2024
On behalf of the board
Director
|
|
The notes on pages 7 to 10 form part of these financial statements.
Four Seasons Landscaping & Gardening Services Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2024
Notes to the Financial Statements
1.
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.
2.
Accounting Policies
2.1.
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.
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.
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.
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:
Plant & Machinery |
|
Motor Vehicles |
|
Four Seasons Landscaping & Gardening Services Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2024
2.5.
Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
4.
Tangible Assets
Plant & Machinery | Motor Vehicles | Total | |
---|---|---|---|
£ | £ | £ | |
Cost | |||
As at 1 April 2023 |
|
|
|
Disposals |
|
( |
( |
As at 31 March 2024 |
|
|
|
Depreciation | |||
As at 1 April 2023 |
|
|
|
Provided during the period |
|
|
|
As at 31 March 2024 |
|
|
|
Net Book Value | |||
As at 31 March 2024 |
|
|
|
As at 1 April 2023 |
|
|
|
5.
Debtors
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Due within one year | |||
Trade debtors |
|
|
|
Other debtors |
|
|
|
VAT | - |
|
|
|
|
||
Four Seasons Landscaping & Gardening Services Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2024
6.
Creditors: Amounts Falling Due Within One Year
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Net obligations under finance lease and hire purchase contracts |
|
|
|
Trade creditors |
|
|
|
Bank loans and overdrafts |
|
|
|
Other taxes and social security |
|
|
|
VAT |
|
- | |
Net wages | 800 | - | |
Other creditors | - |
|
|
Credit card |
|
|
|
Director's loan account |
|
|
|
|
|
||
7.
Creditors: Amounts Falling Due After More Than One Year
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Net obligations under finance lease and hire purchase contracts |
|
|
|
BBL due > 1 Yr |
|
|
|
|
|
||
8.
Obligations Under Finance Leases and Hire Purchase
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
The future minimum finance lease payments are as follows: | |||
Not later than one year |
|
|
|
Later than one year and not later than five years |
|
|
|
|
|
||
|
|
||
Four Seasons Landscaping & Gardening Services Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2024
10.
Related Party Transactions
E J Vosloo is the director of the company.
At the balance sheet date, the company owed to Mr EJ Vosloo £57,047 (2023: £19,199). This loan is interest free, unsecured and repayable on demand.
The controlling party is E J Vosloo.
11.
Taxation
The company has carried forward losses of £81,057 (2023 - £58,354) which it can use against future taxable profits