Transform Landscape Design - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04178934 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

TRANSFORM LANDSCAPE DESIGN AND

CONSTRUCTION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S M Gray

C Tate-Grimes

B D Clutterbuck

SECRETARY:

Mrs J Gray

REGISTERED OFFICE:

Transform House

Unicorn Estate

Weydown Road

Haslemere

Surrey

GU27 1DN

REGISTERED NUMBER:

04178934 (England and Wales)

ACCOUNTANTS:

A & N (Haslemere) Limited

Aruna House

2 Kings Road

Haslemere

Surrey

GU27 2QA

FIXED ASSETS

Tangible assets

2

79,918

80,661

CURRENT ASSETS

Stocks

4,389

2,061

Debtors

113,309

99,255

Cash at bank and in hand

77

62,005

117,775

163,321

CREDITORS

Amounts falling due within one year

198,353

261,438

NET CURRENT LIABILITIES

(80,578

)

(98,117

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(660

)

(17,456

)

CREDITORS

Amounts falling due after more than one year

58,425

73,775

NET LIABILITIES

(59,085

)

(91,231

)

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

(59,285

)

(91,431

)

SHAREHOLDERS' FUNDS

(59,085

)

(91,231

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 3 November 2014 and were signed on its behalf by:

S M Gray - 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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

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 the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

310,169

Additions

32,043

Disposals

(44,759

)

At 31 March 2014

297,453

DEPRECIATION

At 1 April 2013

229,508

Charge for year

26,642

Eliminated on disposal

(38,615

)

At 31 March 2014

217,535

NET BOOK VALUE

At 31 March 2014

79,918

At 31 March 2013

80,661

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

200

Ordinary

£1

200

200

4.	CONTROLLING PARTY

The Director, by virtue of his shareholding, controls the Company.

5.	GOING CONCERN

Mr S Gray continues to support the company via his directors' current account and will continue to do so. Additional

finance has been obtained from the company's bankers to enable to the company to continue to trade through the current

situation. Figures for the first quarter of the new year are encouraging and accordingly the accounts have been prepared on

the going concern basis.