IRIS Accounts Production v22.1.4.3 SC398707 director 1.6.21 31.5.22 31.5.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC3987072021-05-31SC3987072022-05-31SC3987072021-06-012022-05-31SC3987072020-05-31SC3987072020-06-012021-05-31SC3987072021-05-31SC398707ns16:Scotland2021-06-012022-05-31SC398707ns15:PoundSterling2021-06-012022-05-31SC398707ns11:Director12021-06-012022-05-31SC398707ns11:PrivateLimitedCompanyLtd2021-06-012022-05-31SC398707ns11:SmallEntities2021-06-012022-05-31SC398707ns11:AuditExemptWithAccountantsReport2021-06-012022-05-31SC398707ns11:SmallCompaniesRegimeForDirectorsReport2021-06-012022-05-31SC398707ns11:SmallCompaniesRegimeForAccounts2021-06-012022-05-31SC398707ns11:FullAccounts2021-06-012022-05-31SC39870712021-06-012022-05-31SC398707ns11:RegisteredOffice2021-06-012022-05-31SC398707ns6:CurrentFinancialInstruments2022-05-31SC398707ns6:CurrentFinancialInstruments2021-05-31SC398707ns6:ShareCapital2022-05-31SC398707ns6:ShareCapital2021-05-31SC398707ns6:RetainedEarningsAccumulatedLosses2022-05-31SC398707ns6:RetainedEarningsAccumulatedLosses2021-05-31SC398707ns6:NetGoodwill2021-06-012022-05-31SC398707ns6:PlantMachinery2021-06-012022-05-31SC398707ns6:NetGoodwill2021-05-31SC398707ns6:NetGoodwill2022-05-31SC398707ns6:NetGoodwill2021-05-31SC398707ns6:PlantMachinery2021-05-31SC398707ns6:PlantMachinery2022-05-31SC398707ns6:PlantMachinery2021-05-31SC398707ns6:WithinOneYearns6:CurrentFinancialInstruments2022-05-31SC398707ns6:WithinOneYearns6:CurrentFinancialInstruments2021-05-31
REGISTERED NUMBER: SC398707 (Scotland)















Unaudited Financial Statements for the Year Ended 31 May 2022

for

Informed Tree Services Ltd

Informed Tree Services Ltd (Registered number: SC398707)






Contents of the Financial Statements
for the Year Ended 31 May 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Informed Tree Services Ltd

Company Information
for the Year Ended 31 May 2022







DIRECTOR: C B Simpson





REGISTERED OFFICE: 29 Brandon Street
Hamilton
Lanarkshire
ML3 6DA





REGISTERED NUMBER: SC398707 (Scotland)





ACCOUNTANTS: Sharles CA
29 Brandon Street
Hamilton
ML3 6DA

Informed Tree Services Ltd (Registered number: SC398707)

Balance Sheet
31 May 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 10,670 14,226
10,670 14,226

CURRENT ASSETS
Debtors 7 12,722 5,848
Cash at bank 140,171 119,859
152,893 125,707
CREDITORS
Amounts falling due within one year 8 40,681 39,497
NET CURRENT ASSETS 112,212 86,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

122,882

100,436

PROVISIONS FOR LIABILITIES 2,027 2,703
NET ASSETS 120,855 97,733

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 120,854 97,732
SHAREHOLDERS' FUNDS 120,855 97,733

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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.

Informed Tree Services Ltd (Registered number: SC398707)

Balance Sheet - continued
31 May 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 15 August 2022 and were signed by:





C B Simpson - Director


Informed Tree Services Ltd (Registered number: SC398707)

Notes to the Financial Statements
for the Year Ended 31 May 2022

1. STATUTORY INFORMATION

Informed Tree Services Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is derived from tree surgery training and consultancy services supplied by the company.

Turnover is measured at the fair value of training and consultancy services supplied, net of discounts and excluding value added tax, and is recognised at the point that the company obtains the right to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

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 - 25% on reducing balance

Tangible fixed assets held for the companies own use are stated at cost less accumulated depreciation and accumulated impairment loss.

At each balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Expenditure of £1,000 or more on individual tangible fixed assets is capitalised at cost. Expenditure on assets below this threshold is charged directly to the profit and loss account in the period it is incurred.

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.


Informed Tree Services Ltd (Registered number: SC398707)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2022

3. ACCOUNTING POLICIES - continued
Deferred taxation
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2021
and 31 May 2022 45,000
AMORTISATION
At 1 June 2021
and 31 May 2022 45,000
NET BOOK VALUE
At 31 May 2022 -
At 31 May 2021 -

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2021
and 31 May 2022 30,850
DEPRECIATION
At 1 June 2021 16,624
Charge for year 3,556
At 31 May 2022 20,180
NET BOOK VALUE
At 31 May 2022 10,670
At 31 May 2021 14,226

Informed Tree Services Ltd (Registered number: SC398707)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2022

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 12,354 5,340
Other debtors 368 508
12,722 5,848

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 318 -
Taxation and social security 19,485 17,582
Other creditors 20,878 21,915
40,681 39,497

9. RELATED PARTY DISCLOSURES

The company operates a loan account with the director. During the year, the director repaid £1,497 to the company. The amount due to the director at the year end was £18,794 (2020 - £20,292).This loan is unsecured, interest free and has no fixed repayment terms.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Informed Tree Services Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Informed Tree Services Ltd for the year ended 31 May 2022 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of Informed Tree Services Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Informed Tree Services Ltd and state those matters that we have agreed to state to the director of Informed Tree Services Ltd in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Informed Tree Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Informed Tree Services Ltd. You consider that Informed Tree Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Informed Tree Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sharles CA
29 Brandon Street
Hamilton
ML3 6DA


15 August 2022