GRAHAMS GARDENING LIMITED - Accounts to registrar - small 16.3d

GRAHAMS GARDENING LIMITED - Accounts to registrar - small 16.3d

GRAHAM'S GARDENING LIMITED - Company Information

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REGISTERED NUMBER: 04624227












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

GRAHAM'S GARDENING LIMITED

GRAHAM'S GARDENING LIMITED (REGISTERED NUMBER: 04624227)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GRAHAM'S GARDENING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTOR: G M Jackson





REGISTERED OFFICE: Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 04624227





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA
Page 1
GRAHAM'S GARDENING LIMITED (REGISTERED NUMBER: 04624227)

BALANCE SHEET
31 DECEMBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,752 8,946
6,752 8,946

CURRENT ASSETS
Cash at bank 3,188 1,262

CREDITORS
Amounts falling due within one year 6 9,441 9,775
NET CURRENT LIABILITIES (6,253 ) (8,513 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
499
433

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 498 432
SHAREHOLDERS' FUNDS 499 433

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 3 February 2017 and were signed by:





G M Jackson - Director


The notes form part of these financial statements

Page 2
GRAHAM'S GARDENING LIMITED (REGISTERED NUMBER: 04624227)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016

1. STATUTORY INFORMATION

Graham's Gardening Limited is a private company, limited by shares , registered in Not specified/Other. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less
any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Tools & equipment - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

Page 3 continued...
GRAHAM'S GARDENING LIMITED (REGISTERED NUMBER: 04624227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2016
and 31 December 2016 5,000
AMORTISATION
At 1 January 2016
and 31 December 2016 5,000
NET BOOK VALUE
At 31 December 2016 -
At 31 December 2015 -

5. TANGIBLE FIXED ASSETS
Tools & Motor
equipment vehicles Totals
£    £    £   
COST
At 1 January 2016
and 31 December 2016 3,849 14,400 18,249
DEPRECIATION
At 1 January 2016 3,003 6,300 9,303
Charge for year 169 2,025 2,194
At 31 December 2016 3,172 8,325 11,497
NET BOOK VALUE
At 31 December 2016 677 6,075 6,752
At 31 December 2015 846 8,100 8,946

Page 4 continued...
GRAHAM'S GARDENING LIMITED (REGISTERED NUMBER: 04624227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Motor
vehicles
£   
COST
At 1 January 2016 14,400
Transfer to ownership (14,400 )
At 31 December 2016 -
DEPRECIATION
At 1 January 2016 3,600
Transfer to ownership (3,600 )
At 31 December 2016 -
NET BOOK VALUE
At 31 December 2016 -
At 31 December 2015 10,800

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Tax 1,561 -
Social security and other taxes (8 ) -
Directors' loan accounts 7,288 9,175
Accrued expenses 600 600
9,441 9,775

Page 5