Abbreviated Company Accounts - THE TREE & GARDEN COMPANY LIMITED

THE TREE & GARDEN COMPANY LIMITED - Company Information

02953127 THE TREE & GARDEN COMPANY LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 02953127 2013-08-01 2014-07-31 02953127 2014-07-31 02953127 2013-07-31 02953127 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 02953127 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 02953127

THE TREE & GARDEN COMPANY LIMITED

Abbreviated Accounts

31 July 2014

THE TREE & GARDEN COMPANY LIMITED Registered Number 02953127

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	101,985	106,347
		101,985	106,347
Current assets
Debtors		36,297	75,730
		36,297	75,730
Creditors: amounts falling due within one year		(124,452)	(172,636)
Net current assets (liabilities)		(88,155)	(96,906)
Total assets less current liabilities		13,830	9,441
Creditors: amounts falling due after more than one year		(12,125)	(8,180)
Total net assets (liabilities)		1,705	1,261
Capital and reserves
Called up share capital	3	95	100
Profit and loss account		1,610	1,161
Shareholders' funds		1,705	1,261

For the year ending 31 July 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 8 October 2014

And signed on their behalf by:
P Kasperczak, Director

THE TREE & GARDEN COMPANY LIMITED Registered Number 02953127

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Other accounting policies
Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 15% reducing balance
Fixtures & Fittings - 10% reducing balance
Motor Vehicles - 20% reducing balance
Equipment - 25% reducing balance

Hire purchase agreements

Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis.

Pension costs

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 August 2013	311,941
Additions	27,511
Disposals	(70,099)
Revaluations	-
Transfers	-
At 31 July 2014	269,353
Depreciation
At 1 August 2013	205,594
Charge for the year	19,620
On disposals	(57,846)
At 31 July 2014	167,368
Net book values
At 31 July 2014	101,985
At 31 July 2013	106,347

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
95 Ordinary shares of £1 each (100 shares for 2013)	95	100