P Kernan Tree Surgery Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08794868 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

P KERNAN TREE SURGERY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P S Kernan

REGISTERED OFFICE:

35 Jackson Court

Rose Avenue

Hazlemere

High Wycombe

Buckinghamshire

HP15 7TZ

REGISTERED NUMBER:

08794868 (England and Wales)

ACCOUNTANTS:

PCB Financial Ltd

1st & 2nd Floor Offices

1 The Highway

Beaconsfield

Buckinghamshire

HP9 1QD

FIXED ASSETS

Intangible assets

4

23,600

35,400

Tangible assets

5

24,395

31,360

47,995

66,760

CURRENT ASSETS

Debtors

6

19,331

23,448

Cash at bank and in hand

136,732

81,596

156,063

105,044

CREDITORS

Amounts falling due within one year

7

73,686

75,785

NET CURRENT ASSETS

82,377

29,259

TOTAL ASSETS LESS CURRENT LIABILITIES

130,372

96,019

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

130,272

95,919

SHAREHOLDERS' FUNDS

130,372

96,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 26 December 2017 and were signed by:

P S Kernan - Director

1.	STATUTORY INFORMATION

P Kernan Tree Surgery Ltd is a private company, limited by shares , registered in England

and Wales. 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 is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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.

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

59,000

AMORTISATION

At 1 April 2016

23,600

Charge for year

11,800

At 31 March 2017

35,400

NET BOOK VALUE

At 31 March 2017

23,600

At 31 March 2016

35,400

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2016

and 31 March 2017

24,503

19,555

44,058

DEPRECIATION

At 1 April 2016

7,001

5,697

12,698

Charge for year

3,501

3,464

6,965

At 31 March 2017

10,502

9,161

19,663

NET BOOK VALUE

At 31 March 2017

14,001

10,394

24,395

At 31 March 2016

17,502

13,858

31,360

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/17

31/3/16

£

£

Trade debtors

19,331

23,448

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/17

31/3/16

£

£

Trade creditors

2,119

8,762

Tax

14,530

20,418

VAT

6,186

4,941

Directors' current accounts

50,851

41,664

73,686

75,785