CUTTING_EDGE_LANDSCAPES_( - Accounts

CUTTING EDGE LANDSCAPES (WM) LIMITED - Company Information

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Company Registration No. 06524743 (England and Wales)

CUTTING EDGE LANDSCAPES (WM) LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

CUTTING EDGE LANDSCAPES (WM) LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

CUTTING EDGE LANDSCAPES (WM) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

8,451

7,954

Current assets

Stocks

350

Debtors

12,463

16,442

Cash at bank and in hand

118

12,581

16,910

Creditors: amounts falling due within one year

(18,323)

(23,146)

Net current liabilities

(5,742)

(6,236)

Total assets less current liabilities

2,709

1,718

Creditors: amounts falling due after more than one year

(450)

Provisions for liabilities

(1,690)

(1,591)

569

127

Capital and reserves

Called up share capital

101

Profit and loss account

468

Shareholders' funds

569

127

CUTTING EDGE LANDSCAPES (WM) LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 MARCH 2016

- 2 -

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 23 December 2016

Mr D S Varley

Director

Company Registration No. 06524743

CUTTING EDGE LANDSCAPES (WM) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% straight line

Fixtures, fittings & equipment

33% straight line

Motor vehicles

25% straight line

Fixed assets

Tangible assets

Cost

At 1 April 2015

48,024

Additions

7,923

Disposals

(24,596)

At 31 March 2016

31,351

Depreciation

At 1 April 2015

40,070

On disposals

(21,682)

Charge for the year

4,512

At 31 March 2016

22,900

Net book value

At 31 March 2016

8,451

At 31 March 2015

7,954

CUTTING EDGE LANDSCAPES (WM) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 4 -

Share capital

2016

2015

Allotted, called up and fully paid

101 Ordinary of £1 each

101

Related party relationships and transactions

Loans to directors

Transactions in relation to loans with directors during the year are outlined in the table below:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Director's loan

4,982

2,401

5,276

2,107

4,982

2,401

5,276

2,107