Company Registration No. 06149929 (England and Wales)
Bedrock Landscapes Limited
Unaudited accounts
for the year ended 31 March 2023
Bedrock Landscapes Limited
Unaudited accounts
Contents
Bedrock Landscapes Limited
Company Information
for the year ended 31 March 2023
Directors
Cheryl Gooch
Jason Gooch
Company Number
06149929 (England and Wales)
Registered Office
473 Preston Road
Clayton le Woods
Chorley
Lancashire
PR6 7JD
Accountants
Clare & Co
The Stables, Withnell Fold
Withnell
Chorley
Lancashire
PR6 8AZ
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Bedrock Landscapes Limited for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Bedrock Landscapes Limited for the year ended
31 March 2023 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Clare & Co
Chartered Accountants
The Stables, Withnell Fold
Withnell
Chorley
Lancashire
PR6 8AZ
31 August 2023
Bedrock Landscapes Limited
Statement of financial position
as at 31 March 2023
Intangible assets
6,000
7,500
Tangible assets
76,040
82,755
Cash at bank and in hand
15,623
11,719
Creditors: amounts falling due within one year
(59,998)
(53,895)
Net current assets/(liabilities)
987
(5,835)
Total assets less current liabilities
83,027
84,420
Creditors: amounts falling due after more than one year
(38,430)
(45,914)
Called up share capital
100
100
Profit and loss account
44,497
38,406
Shareholders' funds
44,597
38,506
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2023 and were signed on its behalf by
Jason Gooch
Director
Company Registration No. 06149929
Bedrock Landscapes Limited
Notes to the Accounts
for the year ended 31 March 2023
Bedrock Landscapes Limited is a private company, limited by shares, registered in England and Wales, registration number 06149929. The registered office is 473 Preston Road, Clayton le Woods, Chorley, Lancashire, PR6 7JD.
2
Compliance with accounting standards
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT, of work carried out in respect of services provided to customers.
Goodwill being the amount paid in connection with the acquisition of a business in 2007 is being written off evenly over its estimated useful life of twenty years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor vehicles - 25% reducing balance basis
Plant and equipment - 25% reducing balance basis
Computer equipment - 25% straight line basis
Land and buildings - over 20 years
Leasing and hire purchase contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
Bedrock Landscapes Limited
Notes to the Accounts
for the year ended 31 March 2023
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply when the timing differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
35,615
9,468
59,315
931
105,329
Additions
-
3,590
-
-
3,590
At 31 March 2023
35,615
13,058
59,315
931
108,919
At 1 April 2022
8,905
7,124
5,622
923
22,574
Charge for the year
1,781
586
7,938
-
10,305
At 31 March 2023
10,686
7,710
13,560
923
32,879
At 31 March 2023
24,929
5,348
45,755
8
76,040
At 31 March 2022
26,710
2,344
53,693
8
82,755
Amounts falling due within one year
Trade debtors
15,362
6,341
Accrued income and prepayments
30,000
30,000
Bedrock Landscapes Limited
Notes to the Accounts
for the year ended 31 March 2023
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,888
3,888
Obligations under finance leases and hire purchase contracts
4,387
4,387
Taxes and social security
25,367
19,634
Other creditors
23,196
23,199
Loans from directors
410
372
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
13,799
17,395
Aggregate of amounts that fall due for payment after five years
9,078
12,967
The loan is a government backed Bounce Back Loan.
Allotted, called up and fully paid:
100 100 Ordinary shares at £1 each of £1 each
100
100
The company is under the control of the directors who own 100% of the share capital.
11
Average number of employees
During the year the average number of employees was 5 (2022: 4).