Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12022-01-011falsetrue 05029370 2022-01-01 2022-12-31 05029370 2021-01-01 2021-12-31 05029370 2022-12-31 05029370 2021-12-31 05029370 c:Director1 2022-01-01 2022-12-31 05029370 c:RegisteredOffice 2022-01-01 2022-12-31 05029370 d:CurrentFinancialInstruments 2022-12-31 05029370 d:CurrentFinancialInstruments 2021-12-31 05029370 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 05029370 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 05029370 d:ShareCapital 2022-12-31 05029370 d:ShareCapital 2021-12-31 05029370 d:RetainedEarningsAccumulatedLosses 2022-12-31 05029370 d:RetainedEarningsAccumulatedLosses 2021-12-31 05029370 c:FRS102 2022-01-01 2022-12-31 05029370 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 05029370 c:FullAccounts 2022-01-01 2022-12-31 05029370 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 05029370 2 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 05029370









GARDEN CENTRE SALES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

 
GARDEN CENTRE SALES LIMITED
 
 
COMPANY INFORMATION


Director
D J Clarke 




Registered number
05029370



Registered office
45 Durham Tower, Acorn Grove
Convention Quarter

Birmingham

West Midlands

B1 2PW




Accountants
Wayside Accountancy Limited

Mulberry Offices

46-48 Mere Green Road

Sutton Coldfield

West Midlands

B75 5BT





 
GARDEN CENTRE SALES LIMITED
REGISTERED NUMBER: 05029370

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

  

Current assets
  

Current asset investments
 4 
99,531
99,531

Cash at bank and in hand
 5 
5,840
158

  
105,371
99,689

Creditors: amounts falling due within one year
 6 
(2,325)
(3,903)

Net current assets
  
 
 
103,046
 
 
95,786

Total assets less current liabilities
  
103,046
95,786

  

Net assets
  
103,046
95,786


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
102,946
95,686

  
103,046
95,786


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 September 2023.




D J Clarke
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
GARDEN CENTRE SALES LIMITED
REGISTERED NUMBER: 05029370
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022


Page 2

 
GARDEN CENTRE SALES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Garden Centre Sales Limited is a limited liability company incorporated and domiciled in the United Kingdom.
The address of its registered office and registration number is shown on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
GARDEN CENTRE SALES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).


4.


Current asset investments

2022
2021
£
£

Unlisted investments
99,531
99,531



5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
5,840
158


Page 4

 
GARDEN CENTRE SALES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Corporation tax
2,172
1,502

Other taxation and social security
53
1

Other creditors
100
2,400

2,325
3,903



7.


Controlling party

The company is controlled by Mr D J Clarke.

 
Page 5