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REGISTERED NUMBER: 00606298 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

PICKWELL GARDENS LIMITED

PICKWELL GARDENS LIMITED (REGISTERED NUMBER: 00606298)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PICKWELL GARDENS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: R J Oliver
J E Oliver





SECRETARY: R J Oliver





REGISTERED OFFICE: Pickwell Gardens
Georgeham
Devon
EX33 1LA





REGISTERED NUMBER: 00606298 (England and Wales)





ACCOUNTANTS: Perrins Limited
Chartered Accountants
The Custom House
The Strand
Barnstaple
Devon
EX31 1EU

PICKWELL GARDENS LIMITED (REGISTERED NUMBER: 00606298)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 17,940 18,259

CURRENT ASSETS
Stocks - 240
Debtors 6 3,531 3,832
Cash at bank 6,920 5,817
10,451 9,889
CREDITORS
Amounts falling due within one year 7 77,870 75,853
NET CURRENT LIABILITIES (67,419 ) (65,964 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(49,479

)

(47,705

)

CAPITAL AND RESERVES
Called up share capital 8 3,000 3,000
Retained earnings 9 (52,479 ) (50,705 )
SHAREHOLDERS' FUNDS (49,479 ) (47,705 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 and authorised for issue by the Board of Directors on 8 November 2018 and
were signed on its behalf by:





R J Oliver - Director


PICKWELL GARDENS LIMITED (REGISTERED NUMBER: 00606298)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

Pickwell Gardens 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. The accounts have been prepared in accordance with the provisions of FRS 102 (Section 1A) small entities. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The accounts have been prepared on the going concern basis. The directors have considered the financial
position of the company for the twelve months from the date of approving these financial statements and
consider that the going concern basis is appropriate.

The company is dependant on the continued support of the directors.

It is the intention of the directors that the company will continue in its trading activities for a period of at least
twelve months from the date of approval of these financial statements

The directors, being sufficiently knowledgeable, consider that the company will be commercially able to
continue trading in the current economic climate.

The financial statements are prepared in sterling which is the functional currency of the company and rounded to
the nearest pound.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax, and is derived from the
ordinary activities of the company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property improvements - not provided
Greenhouses - 15% on reducing balance
Equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

From 1 April 2000 the directors reviewed the position regarding the provision of depreciation on the freehold
property improvements. Following that review, the board consider that the potential annual depreciation charge,
after taking into account the estimated remaining useful life and the residual value of the freehold property
improvements is not material, and accordingly no depreciation charge has been made in the financial statements.
The board have reviewed this position at the year end for any impairment of value to ensure the company's
assets are fairly stated at all times, in accordance with the provisions of FRS 102 (Section 1A).

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.


PICKWELL GARDENS LIMITED (REGISTERED NUMBER: 00606298)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

3. ACCOUNTING POLICIES - continued
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.

Financial instruments
Financial instruments are defined as a contract which gives rise to a financial asset of one entity and a financial
liability or equity instrument of another entity.

Basic financial instruments are classified under section 11 of FRS 102 and are held at amortised cost. These
include cash, trade debtors and creditors and other non-complicated loans.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

5. TANGIBLE FIXED ASSETS
Freehold
property
improvements Greenhouses Equipment
£    £    £   
COST
At 1 April 2017
and 31 March 2018 16,621 48,912 36,679
DEPRECIATION
At 1 April 2017 - 48,345 35,723
Charge for year - 85 141
At 31 March 2018 - 48,430 35,864
NET BOOK VALUE
At 31 March 2018 16,621 482 815
At 31 March 2017 16,621 567 956

PICKWELL GARDENS LIMITED (REGISTERED NUMBER: 00606298)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2017
and 31 March 2018 12,050 427 114,689
DEPRECIATION
At 1 April 2017 12,021 341 96,430
Charge for year 7 86 319
At 31 March 2018 12,028 427 96,749
NET BOOK VALUE
At 31 March 2018 22 - 17,940
At 31 March 2017 29 86 18,259

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 1,994 2,164
Prepayments 1,537 1,668
3,531 3,832

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Tax (193 ) 193
Social security and other taxes 185 196
Directors' current accounts 77,018 74,624
Accrued expenses 860 840
77,870 75,853

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
3,000 Ordinary £1 3,000 3,000

PICKWELL GARDENS LIMITED (REGISTERED NUMBER: 00606298)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

9. RESERVES
Retained
earnings
£   

At 1 April 2017 (50,705 )
Deficit for the year (1,774 )
At 31 March 2018 (52,479 )