Lydiard Landscapes Ltd - Limited company accounts 11.4

REGISTERED NUMBER: 06030620 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

LYDIARD LANDSCAPES LTD

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

N Garner

SECRETARY:

A Rawlings

REGISTERED OFFICE:

182 Meadowcroft

Upper Stratton

Swindon

Wiltshire

SN2 7LE

REGISTERED NUMBER:

06030620 (England and Wales)

ACCOUNTANTS:

John Davis & Co Accountants Ltd

48 The Causeway

Chippenham

Wiltshire

SN15 3DD

The director presents his report with the financial statements of the company for the year ended 31 December 2013.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of Landscaping and maintenance.

DIRECTOR

N Garner held office during the whole of the period from 1 January 2013 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

N Garner - Director

29 September 2014

TURNOVER

37,832

41,821

Cost of sales

21,449

22,357

GROSS PROFIT

16,383

19,464

Administrative expenses

14,697

19,192

OPERATING PROFIT

2

1,686

272

Interest receivable and similar income

-

2

1,686

274

Interest payable and similar charges

177

430

PROFIT/(LOSS) ON ORDINARY
ACTIVITIES BEFORE TAXATION

1,509

(156

)

Tax on profit/(loss) on ordinary activities

3

-

PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

1,509

(156

)

FIXED ASSETS

Tangible assets

4

5,709

6,245

CURRENT ASSETS

Stocks

750

Cash at bank

120

-

870

750

CREDITORS

Amounts falling due within one year

5

17,317

19,242

NET CURRENT LIABILITIES

(16,447

)

(18,492

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,738

)

(12,247

)

CAPITAL AND RESERVES

Called up share capital

6

1

Profit and loss account

7

(10,739

)

(12,248

)

SHAREHOLDERS' FUNDS

(10,738

)

(12,247

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 29 September 2014 and were signed by:

N Garner - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

2.	OPERATING PROFIT

The operating profit is stated after charging:

2013

2012

£

Depreciation - owned assets

1,695

2,244

Director's remuneration and other benefits etc

6,000

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 31 December 2013 nor for the

year ended 31 December 2012.

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2013

33,213

Additions

1,159

At 31 December 2013

34,372

DEPRECIATION

At 1 January 2013

26,968

Charge for year

1,695

At 31 December 2013

28,663

NET BOOK VALUE

At 31 December 2013

5,709

At 31 December 2012

6,245

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2013

2012

£

Bank loans and overdrafts

-

982

Other creditors

17,317

18,260

17,317

19,242

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

1

Ordinary

£1

1

7.

RESERVES

Profit

and loss

account

£

At 1 January 2013

(12,248

)

Profit for the year

1,509

At 31 December 2013

(10,739

)