Andrews Landscaping Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09279825 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2017

FOR

ANDREWS LANDSCAPING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A E D Stuttard

REGISTERED OFFICE:

Fraser Ross House

24 Broad Street

Stamford

Lincolnshire

PE9 1PJ

REGISTERED NUMBER:

09279825 (England and Wales)

ACCOUNTANTS:

Brayshaw Morey

Certified Public Accountants

Fraser Ross House

24 Broad Street

Stamford

Lincolnshire

PE9 1PJ

FIXED ASSETS

Intangible assets

5

35,417

40,417

Tangible assets

6

23,019

20,316

58,436

60,733

CURRENT ASSETS

Stocks

17,260

14,100

Debtors

7

35,521

49,787

Cash at bank

17,171

14,950

69,952

78,837

CREDITORS

Amounts falling due within one year

8

66,495

96,520

NET CURRENT ASSETS/(LIABILITIES)

3,457

(17,683

)

TOTAL ASSETS LESS CURRENT LIABILITIES

61,893

43,050

PROVISIONS FOR LIABILITIES

4,374

4,063

NET ASSETS

57,519

38,987

CAPITAL AND RESERVES

Called up share capital

9

101

101

Retained earnings

10

57,418

38,886

SHAREHOLDERS' FUNDS

57,519

38,987

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 22 June 2018 and were signed by:

Mr A E D Stuttard - Director

1.	STATUTORY INFORMATION

Andrews Landscaping Limited 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 2014, is being amortised evenly over its estimated useful life of ten 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.

Plant and machinery etc

-

33% on cost and 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.

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 statement of financial position date.

Deferred tax

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

financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss 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 profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2016

and 31 October 2017

50,000

AMORTISATION

At 1 November 2016

9,583

Charge for year

5,000

At 31 October 2017

14,583

NET BOOK VALUE

At 31 October 2017

35,417

At 31 October 2016

40,417

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2016

35,349

Additions

10,584

At 31 October 2017

45,933

DEPRECIATION

At 1 November 2016

15,033

Charge for year

7,881

At 31 October 2017

22,914

NET BOOK VALUE

At 31 October 2017

23,019

At 31 October 2016

20,316

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade debtors

32,508

48,798

Other debtors

3,013

989

35,521

49,787

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Hire purchase contracts

3,498

6,996

Trade creditors

26,293

21,441

Taxation and social security

34,299

44,203

Other creditors

2,405

23,880

66,495

96,520

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.17

31.10.16

value:

£

£

100

Ordinary

£1

100

100

1

B Ordinary

£1

1

1

101

101

10.

RESERVES

Retained

earnings

£

At 1 November 2016

38,886

Profit for the year

67,532

Dividends

(49,000

)

At 31 October 2017

57,418

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £47,000 were paid to the director .

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr A E D Stuttard.