Outsiders Landscaping Ltd - Accounts to registrar (filleted) - small 18.2

Outsiders Landscaping Ltd - Accounts to registrar (filleted) - small 18.2

OUTSIDERS LANDSCAPING LTD - Company Information

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REGISTERED NUMBER: 07584838 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2017

FOR

OUTSIDERS LANDSCAPING LTD
OUTSIDERS LANDSCAPING LTD (REGISTERED NUMBER: 07584838)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2017










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


OUTSIDERS LANDSCAPING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2017







DIRECTOR: C Allott





SECRETARY: Mrs A Allott





REGISTERED OFFICE: c/o Atkinson Evans Limited
The Old Drill Hall, 10 Arnot Hill Road
Arnold
NOTTINGHAM
Nottinghamshire
NG5 6LJ





REGISTERED NUMBER: 07584838 (England and Wales)





ACCOUNTANTS: Atkinson Evans Limited
Chartered Certified Accountants
The Old Drill Hall
10 Arnot Hill Road
Arnold
Nottingham
Nottinghamshire
NG5 6LJ
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OUTSIDERS LANDSCAPING LTD (REGISTERED NUMBER: 07584838)

ABRIDGED BALANCE SHEET
31ST OCTOBER 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,409 20,960

CURRENT ASSETS
Stocks 705 3,787
Debtors 190 18,051
Cash at bank 4,171 647
5,066 22,485
CREDITORS
Amounts falling due within one year 16,818 31,364
NET CURRENT LIABILITIES (11,752 ) (8,879 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,657
12,081

CREDITORS
Amounts falling due after more than one
year
-
(7,789
)

PROVISIONS FOR LIABILITIES (2,555 ) (4,192 )
NET ASSETS 102 100

CAPITAL AND RESERVES
Called up share capital 102 100
SHAREHOLDERS' FUNDS 102 100

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 notes form part of these financial statements

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OUTSIDERS LANDSCAPING LTD (REGISTERED NUMBER: 07584838)

ABRIDGED BALANCE SHEET - continued
31ST OCTOBER 2017


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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st October 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 26th July 2018 and were signed by:





C Allott - Director


The notes form part of these financial statements

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OUTSIDERS LANDSCAPING LTD (REGISTERED NUMBER: 07584838)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2017


1. STATUTORY INFORMATION

Outsiders Landscaping 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.

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.
Plant and machinery - 20% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - at varying rates on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

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.

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OUTSIDERS LANDSCAPING LTD (REGISTERED NUMBER: 07584838)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2017


2. ACCOUNTING POLICIES - continued

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 profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st November 2016 45,454
Disposals (10,250 )
At 31st October 2017 35,204
DEPRECIATION
At 1st November 2016 24,494
Charge for year 3,976
Eliminated on disposal (7,675 )
At 31st October 2017 20,795
NET BOOK VALUE
At 31st October 2017 14,409
At 31st October 2016 20,960

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OUTSIDERS LANDSCAPING LTD (REGISTERED NUMBER: 07584838)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2017


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1st November 2016 29,245
Disposals (10,250 )
Transfer to ownership (18,995 )
At 31st October 2017 -
DEPRECIATION
At 1st November 2016 10,973
Charge for year 2,249
Eliminated on disposal (7,675 )
Transfer to ownership (5,547 )
At 31st October 2017 -
NET BOOK VALUE
At 31st October 2017 -
At 31st October 2016 18,272

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