GARDENS MOWERS AND TOOLS LIMITED

GARDENS MOWERS AND TOOLS LIMITED

GARDENS MOWERS AND TOOLS LIMITED - Company Information

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GARDENS MOWERS AND TOOLS LIMITED

Company Registration Number:
SC348112 (Scotland)

Unaudited abridged accounts for the year ended 30 September 2017

Period of accounts

Start date: 01 October 2016

End date: 30 September 2017

GARDENS MOWERS AND TOOLS LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2017

Balance sheet
Notes

GARDENS MOWERS AND TOOLS LIMITED

Balance sheet

As at 30 September 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets: 2 51,900 57,090
Tangible assets: 3 489,921 420,538
Total fixed assets: 541,821 477,628
Current assets
Stocks: 239,009 199,312
Debtors:   49,793 50,890
Cash at bank and in hand: 796 500
Total current assets: 289,598 250,702
Creditors: amounts falling due within one year:   (179,314) (197,520)
Net current assets (liabilities): 110,284 53,182
Total assets less current liabilities: 652,105 530,810
Creditors: amounts falling due after more than one year:   (404,729) (348,443)
Total net assets (liabilities): 247,376 182,367
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 247,276 182,267
Shareholders funds: 247,376 182,367

The notes form part of these financial statements

GARDENS MOWERS AND TOOLS LIMITED

Balance sheet statements

For the year ending 30 September 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 June 2018
and signed on behalf of the board by:

Name: Roger Coultherd
Status: Director

The notes form part of these financial statements

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

2. Intangible Assets

Total
Cost £
At 01 October 2016 77,850
At 30 September 2017 77,850
Amortisation
At 01 October 2016 20,760
Charge for year 5,190
At 30 September 2017 25,950
Net book value
At 30 September 2017 51,900
At 30 September 2016 57,090

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

3. Tangible Assets

Total
Cost £
At 01 October 2016 703,339
Additions 180,029
Disposals (22,194)
At 30 September 2017 861,174
Depreciation
At 01 October 2016 282,801
Charge for year 88,452
At 30 September 2017 371,253
Net book value
At 30 September 2017 489,921
At 30 September 2016 420,538