Silverfin false 30/11/2021 30/11/2021 01/12/2020 Mr L H C Hanson 03/12/2018 Mr P A Hanson 20/11/1997 29 August 2022 The principal activity of the company continued to be that of consultancy, training and arboretum design and management. SC180811 2021-11-30 SC180811 bus:Director1 2021-11-30 SC180811 bus:Director2 2021-11-30 SC180811 2020-11-30 SC180811 core:CurrentFinancialInstruments 2021-11-30 SC180811 core:CurrentFinancialInstruments 2020-11-30 SC180811 core:Non-currentFinancialInstruments 2021-11-30 SC180811 core:Non-currentFinancialInstruments 2020-11-30 SC180811 core:ShareCapital 2021-11-30 SC180811 core:ShareCapital 2020-11-30 SC180811 core:RetainedEarningsAccumulatedLosses 2021-11-30 SC180811 core:RetainedEarningsAccumulatedLosses 2020-11-30 SC180811 core:LandBuildings 2020-11-30 SC180811 core:PlantMachinery 2020-11-30 SC180811 core:Vehicles 2020-11-30 SC180811 core:FurnitureFittings 2020-11-30 SC180811 core:OfficeEquipment 2020-11-30 SC180811 core:LandBuildings 2021-11-30 SC180811 core:PlantMachinery 2021-11-30 SC180811 core:Vehicles 2021-11-30 SC180811 core:FurnitureFittings 2021-11-30 SC180811 core:OfficeEquipment 2021-11-30 SC180811 2019-11-30 SC180811 bus:OrdinaryShareClass1 2021-11-30 SC180811 2020-12-01 2021-11-30 SC180811 bus:FullAccounts 2020-12-01 2021-11-30 SC180811 bus:SmallEntities 2020-12-01 2021-11-30 SC180811 bus:AuditExemptWithAccountantsReport 2020-12-01 2021-11-30 SC180811 bus:PrivateLimitedCompanyLtd 2020-12-01 2021-11-30 SC180811 bus:Director1 2020-12-01 2021-11-30 SC180811 bus:Director2 2020-12-01 2021-11-30 SC180811 core:PlantMachinery 2020-12-01 2021-11-30 SC180811 core:Vehicles 2020-12-01 2021-11-30 SC180811 core:FurnitureFittings 2020-12-01 2021-11-30 SC180811 core:OfficeEquipment core:TopRangeValue 2020-12-01 2021-11-30 SC180811 2019-12-01 2020-11-30 SC180811 core:LandBuildings 2020-12-01 2021-11-30 SC180811 core:OfficeEquipment 2020-12-01 2021-11-30 SC180811 bus:OrdinaryShareClass1 2020-12-01 2021-11-30 SC180811 bus:OrdinaryShareClass1 2019-12-01 2020-11-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC180811 (Scotland)

ARBORETUM INTERNATIONALE LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 NOVEMBER 2021
PAGES FOR FILING WITH THE REGISTRAR

ARBORETUM INTERNATIONALE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 NOVEMBER 2021

Contents

ARBORETUM INTERNATIONALE LIMITED

BALANCE SHEET

AS AT 30 NOVEMBER 2021
ARBORETUM INTERNATIONALE LIMITED

BALANCE SHEET (continued)

AS AT 30 NOVEMBER 2021
Note 2021 2020
£ £
Fixed assets
Tangible assets 3 60,563 59,179
60,563 59,179
Current assets
Stocks 4 3,352 3,048
Debtors 5 8,724 20,051
Cash at bank and in hand 6 10,199 5,261
22,275 28,360
Creditors
Amounts falling due within one year 7 ( 67,440) ( 64,742)
Net current liabilities (45,165) (36,382)
Total assets less current liabilities 15,398 22,797
Creditors
Amounts falling due after more than one year 8 ( 1,382) ( 5,314)
Provision for liabilities 9, 10 ( 4,270) ( 3,641)
Net assets 9,746 13,842
Capital and reserves
Called-up share capital 11 3 3
Profit and loss account 9,743 13,839
Total shareholders' funds 9,746 13,842

For the financial year ending 30 November 2021 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Arboretum Internationale Limited (registered number: SC180811) were approved and authorised for issue by the Director on 29 August 2022. They were signed on its behalf by:

Mr P A Hanson
Director
ARBORETUM INTERNATIONALE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 NOVEMBER 2021
ARBORETUM INTERNATIONALE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 NOVEMBER 2021
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Arboretum Internationale Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Ochil Cottage, Main Road, Guildtown, Perth, PH2 6BS, United Kingdom.

The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. They also confirm that they will not seek repayment of the directors' loan balance until all other creditors have been met. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover represents amounts receivable for arboretum consulting, training, design and management net of VAT.

Turnover is recognised when the company has entitlement to the income in exchange for the provision of services.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings not depreciated
Plant and machinery 25 % reducing balance
Vehicles 25 % reducing balance
Fixtures and fittings 25 % reducing balance
Office equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

The Company as lessor
Rental income from operating leases is recognised on a straight-line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include deposits held at call with banks.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors and loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Provisions

Deferred tax provisions are recognised when the Company has a present obligation as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation.

2. Employees

2021 2020
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Land and buildings Plant and machinery Vehicles Fixtures and fittings Office equipment Total
£ £ £ £ £ £
Cost
At 01 December 2020 40,014 69,001 31,645 1,605 9,753 152,018
Additions 0 7,154 0 0 398 7,552
Disposals 0 ( 2,080) 0 0 0 ( 2,080)
At 30 November 2021 40,014 74,075 31,645 1,605 10,151 157,490
Accumulated depreciation
At 01 December 2020 0 57,922 24,640 1,605 8,672 92,839
Charge for the financial year 0 4,056 1,751 0 361 6,168
Disposals 0 ( 2,080) 0 0 0 ( 2,080)
At 30 November 2021 0 59,898 26,391 1,605 9,033 96,927
Net book value
At 30 November 2021 40,014 14,177 5,254 0 1,118 60,563
At 30 November 2020 40,014 11,079 7,005 0 1,081 59,179

4. Stocks

2021 2020
£ £
Stocks 3,352 3,048

5. Debtors

2021 2020
£ £
Trade debtors 7,927 20,051
Other debtors 797 0
8,724 20,051

6. Cash and cash equivalents

2021 2020
£ £
Cash at bank and in hand 10,199 5,261

7. Creditors: amounts falling due within one year

2021 2020
£ £
Trade creditors 495 1,964
Other creditors 64,006 55,277
Corporation tax 477 2,043
Other taxation and social security 2,462 5,458
67,440 64,742

8. Creditors: amounts falling due after more than one year

2021 2020
£ £
Other creditors 1,382 5,314

9. Provision for liabilities

2021 2020
£ £
Deferred tax 4,270 3,641

10. Deferred tax

2021 2020
£ £
At the beginning of financial year ( 3,641) ( 4,344)
(Charged)/credited to the Statement of Income and Retained Earnings ( 629) 703
At the end of financial year ( 4,270) ( 3,641)

11. Called-up share capital

2021 2020
£ £
Allotted, called-up and fully-paid
3 Ordinary shares shares of £ 1.00 each 3 3

12. Related party transactions

Transactions with the entity's directors

2021 2020
£ £
Amounts due to Directors 55,462 48,465

This balance is unsecured, interest free and has no fixed terms of repayment.

The directors have provided a personal guarantee in respect of a company loan totalling £5,314 (2020 - £8,927).