GARDENS MOWERS AND TOOLS LIMITED

GARDENS MOWERS AND TOOLS LIMITED

GARDENS MOWERS AND TOOLS LIMITED - Company Information

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GARDENS MOWERS AND TOOLS LIMITED

Company Registration Number:
SC348112 (Scotland)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

GARDENS MOWERS AND TOOLS LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Notes

GARDENS MOWERS AND TOOLS LIMITED

Balance sheet

As at 30 September 2023


Notes
2023
2022


£
£
Fixed assets
Intangible assets: 3 20,760 25,950
Tangible assets: 4 967,260 1,001,386
Total fixed assets: 988,020 1,027,336
Current assets
Stocks: 369,086 323,030
Debtors:   60,693 43,827
Cash at bank and in hand: 500 500
Total current assets: 430,279 367,357
Creditors: amounts falling due within one year: 5 (312,713) (342,101)
Net current assets (liabilities): 117,566 25,256
Total assets less current liabilities: 1,105,586 1,052,592
Creditors: amounts falling due after more than one year: 6 (802,410) (752,709)
Total net assets (liabilities): 303,176 299,883
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 303,076 299,783
Shareholders funds: 303,176 299,883

The notes form part of these financial statements

GARDENS MOWERS AND TOOLS LIMITED

Balance sheet statements

For the year ending 30 September 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 March 2024
and signed on behalf of the board by:

Name: Roger Coultherd
Status: Director

The notes form part of these financial statements

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

2. Employees

2023 2022
Average number of employees during the period 16 15

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Intangible Assets

Total
Cost £
At 01 October 2022 77,850
At 30 September 2023 77,850
Amortisation
At 01 October 2022 51,900
Charge for year 5,190
At 30 September 2023 57,090
Net book value
At 30 September 2023 20,760
At 30 September 2022 25,950

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Tangible Assets

Total
Cost £
At 01 October 2022 1,851,313
Additions 58,500
At 30 September 2023 1,909,813
Depreciation
At 01 October 2022 849,927
Charge for year 92,626
At 30 September 2023 942,553
Net book value
At 30 September 2023 967,260
At 30 September 2022 1,001,386

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Creditors: amounts falling due within one year note

2023 2022Bank Loans 184501 235839Trade Creditors 86531 73230Taxation and Social Security 41681 33032 ------------ ----------- 312713 342101 ----------- ----------

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

6. Creditors: amounts falling due after more than one year note

2023 2022Bank Loans 427632 384216 Other Creditors 374778 368493 ----------- ---------- 802410 752709 ----------- -----------