High Elms Tree Surgery Limited - Limited company - abbreviated - 11.6

HIGH ELMS TREE SURGERY LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S D Morris

SECRETARY:

Mrs A S A Morris

REGISTERED OFFICE:

18 Old Well Gardens

Penryn

Cornwall

TR10 9LF

REGISTERED NUMBER:

05008478

ACCOUNTANTS:

Clive Bowyer Limited

18 Old Well Gardens

Penryn

Cornwall

TR10 9LF

FIXED ASSETS

Tangible assets

2

122,235

102,230

CURRENT ASSETS

Debtors

95,995

81,798

Cash at bank

21,588

15,009

117,583

96,807

CREDITORS

Amounts falling due within one year

3

128,750

113,755

NET CURRENT LIABILITIES

(11,167

)

(16,948

)

TOTAL ASSETS LESS CURRENT LIABILITIES

111,068

85,282

CREDITORS

Amounts falling due after more than one year

3

(11,867

)

(9,696

)

PROVISIONS FOR LIABILITIES

(18,909

)

(11,978

)

NET ASSETS

80,292

63,608

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

80,192

63,508

SHAREHOLDERS' FUNDS

80,292

63,608

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2014 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 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 director on 17th October 2014 and were signed by:

S D Morris - 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 the net invoiced sales of goods and services, excluding value added tax, except in respect of

service contracts where turnover is recognised when the company obtains the right to consideration.

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

-

4% on cost

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on reducing balance

Deferred tax

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

sheet date.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2013

241,151

Additions

73,773

Disposals

(34,000

)

At 31st March 2014

280,924

DEPRECIATION

At 1st April 2013

138,921

Charge for year

36,041

Eliminated on disposal

(16,273

)

At 31st March 2014

158,689

NET BOOK VALUE

At 31st March 2014

122,235

At 31st March 2013

102,230

3.

CREDITORS

Creditors include an amount of £ 23,961 (31.3.13 - £ 15,226 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100

5.	ULTIMATE CONTROLLING PARTY

There is no controlling party, Mr and Mrs Morris each holding 50% of the company's share capital.