GRS Arboricultural Consultant Limited 14181976 false 2022-06-20 2023-06-30 2023-06-30 The principal activity of the company is that of arboricultural consultancy. Digita Accounts Production Advanced 6.30.9574.0 true true 14181976 2022-06-20 2023-06-30 14181976 2023-06-30 14181976 bus:OrdinaryShareClass1 2023-06-30 14181976 core:RetainedEarningsAccumulatedLosses 2023-06-30 14181976 core:ShareCapital 2023-06-30 14181976 core:CurrentFinancialInstruments 2023-06-30 14181976 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 14181976 core:Goodwill 2023-06-30 14181976 core:OfficeEquipment 2023-06-30 14181976 bus:SmallEntities 2022-06-20 2023-06-30 14181976 bus:AuditExemptWithAccountantsReport 2022-06-20 2023-06-30 14181976 bus:FullAccounts 2022-06-20 2023-06-30 14181976 bus:SmallCompaniesRegimeForAccounts 2022-06-20 2023-06-30 14181976 bus:RegisteredOffice 2022-06-20 2023-06-30 14181976 bus:Director1 2022-06-20 2023-06-30 14181976 bus:OrdinaryShareClass1 2022-06-20 2023-06-30 14181976 bus:PrivateLimitedCompanyLtd 2022-06-20 2023-06-30 14181976 core:Goodwill 2022-06-20 2023-06-30 14181976 core:OfficeEquipment 2022-06-20 2023-06-30 14181976 countries:England 2022-06-20 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14181976

GRS Arboricultural Consultant Limited

Unaudited Filleted Financial Statements

for the Period from 20 June 2022 to 30 June 2023

 

GRS Arboricultural Consultant Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 6

 

GRS Arboricultural Consultant Limited

(Registration number: 14181976)
Balance Sheet as at 30 June 2023

Note

2023
£

Fixed assets

 

Intangible assets

4

10,200

Tangible assets

5

1,378

 

11,578

Current assets

 

Debtors

6

5,787

Cash at bank and in hand

 

6,292

 

12,079

Creditors: Amounts falling due within one year

7

(11,856)

Net current assets

 

223

Net assets

 

11,801

Capital and reserves

 

Called up share capital

8

10

Retained earnings

11,791

Shareholders' funds

 

11,801

For the financial period ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 5 October 2023
 

.........................................
Mr G R Stephens
Director

 

GRS Arboricultural Consultant Limited

Notes to the Unaudited Financial Statements for the Period from 20 June 2022 to 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
The Old Coach House Waterside Mews
Wateringbury
Maidstone
Kent
ME18 5AB
England

These financial statements were authorised for issue by the director on 5 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

 

GRS Arboricultural Consultant Limited

Notes to the Unaudited Financial Statements for the Period from 20 June 2022 to 30 June 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

20% Straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

20% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

GRS Arboricultural Consultant Limited

Notes to the Unaudited Financial Statements for the Period from 20 June 2022 to 30 June 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

GRS Arboricultural Consultant Limited

Notes to the Unaudited Financial Statements for the Period from 20 June 2022 to 30 June 2023

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

Additions acquired separately

12,000

12,000

At 30 June 2023

12,000

12,000

Amortisation

Amortisation charge

1,800

1,800

At 30 June 2023

1,800

1,800

Carrying amount

At 30 June 2023

10,200

10,200

5

Tangible assets

Office equipment
£

Total
£

Cost or valuation

Additions

1,401

1,401

At 30 June 2023

1,401

1,401

Depreciation

Charge for the period

23

23

At 30 June 2023

23

23

Carrying amount

At 30 June 2023

1,378

1,378

6

Debtors

Current

2023
£

Trade debtors

5,380

Prepayments

407

 

5,787

 

GRS Arboricultural Consultant Limited

Notes to the Unaudited Financial Statements for the Period from 20 June 2022 to 30 June 2023

7

Creditors

Creditors: amounts falling due within one year

Note

2023
£

Due within one year

 

Other creditors

 

11,856

8

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary shares of £1 each

10

10