Cameron Landscapes Limited 31/08/2023 iXBRL
Cameron Landscapes Limited 31/08/2023 iXBRL
Company registration number:
NI008655
Contents
Directors and other information
Accountants' report
Balance sheet
Notes to the financial statements
Directors and other information
Directors |
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Secretary |
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Company number |
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Registered office |
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Business address |
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Accountants |
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Hughes House | ||
6 Church Street | ||
Banbridge | ||
BT32 4AA | ||
Bankers |
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Donegall Square W | ||
Belfast | ||
BT1 6JS | ||
Solicitors |
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298 Upper Newtownards Road | ||
Belfast | ||
BT4 3EJ | ||
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Cameron Landscapes Limited
Year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cameron Landscapes Limited for the year ended 31 August 2023 which comprise the balance sheet and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the board of directors of Cameron Landscapes Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Cameron Landscapes Limited and state those matters that we have agreed to state to the board of directors of Cameron Landscapes Limited as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cameron Landscapes Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Cameron Landscapes Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Cameron Landscapes Limited. You consider that Cameron Landscapes Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Cameron Landscapes Limited. 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 statutory financial statements.
Chartered Accountants
Hughes House
6 Church Street
Banbridge
BT32 4AA
29 May 2024
Balance sheet
31 August 2023
2023 | 2022 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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Investments | 6 |
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Current assets | |||||||||
Stocks |
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Debtors | 7 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 8 |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital | 9 |
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Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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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;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
29 May 2024
, and are signed on behalf of the board by:
Director
Director
Company registration number:
NI008655
Notes to the financial statements
Year ended 31 August 2023
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 148 Ballylesson Road, Belfast, BT8 8SU.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
No significant judgements have been made by management in preparing these financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, 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.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Land and buildings | - |
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Plant and machinery | - |
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Fittings fixtures and equipment | - |
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Motor vehicles | - |
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Office equipment | - |
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reducing balance | |
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
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. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Stocks
Government grants
Provisions
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
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.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
46
(2022:
51
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5.
Tangible assets
Freehold property | Coffee shop equipment | Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Total | ||
£ | £ | £ | £ | £ | £ | ||
Cost | |||||||
At 1 September 2022 |
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Additions | - |
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At 31 August 2023 |
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Depreciation | |||||||
At 1 September 2022 |
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Charge for the year |
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At 31 August 2023 |
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Carrying amount | |||||||
At 31 August 2023 |
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At 31 August 2022 |
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_______ | _______ | _______ | _______ | _______ | _______ | ||
6.
Investments
Other investments other than loans | Total | ||
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Cost | |||
At 1 September 2022 and 31 August 2023 |
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Impairment | |||
At 1 September 2022 and 31 August 2023 | - | - | |
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Carrying amount | |||
At 31 August 2023 |
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At 31 August 2022 |
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7.
Debtors
2023 | 2022 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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8.
Creditors: amounts falling due within one year
2023 | 2022 | |||
£ | £ | |||
Trade creditors |
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Corporation tax | - |
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Social security and other taxes |
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Other creditors |
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9.
Called up share capital
Issued, called up and fully paid
2023 | 2022 | ||||||||
No | £ | No | £ | ||||||
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4,000 | 4,000 | 4,000 | 4,000 | |||||
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10.
Controlling party
Mr G Cameron, by virtue of his shareholding, is the ultimate controlling party of the company.