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Company Registration No. 10789357 (England and Wales)
PB Tree and Vegetation Maintenance Ltd Unaudited accounts for the year ended 31 March 2023
PB Tree and Vegetation Maintenance Ltd Unaudited accounts Contents
Page
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PB Tree and Vegetation Maintenance Ltd Company Information for the year ended 31 March 2023
Directors
P A Blick S Blick
Company Number
10789357 (England and Wales)
Registered Office
24 Albert Street Dawlish Devon EX7 9LA
Accountants
Yannons Chartered Accountants The Gallery New Quay Street Teignmouth Devon TQ14 8DA
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PB Tree and Vegetation Maintenance Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,182 
15,129 
Current assets
Debtors
24,359 
27,380 
Cash at bank and in hand
156,942 
152,229 
181,301 
179,609 
Creditors: amounts falling due within one year
(86,668)
(93,303)
Net current assets
94,633 
86,306 
Total assets less current liabilities
116,815 
101,435 
Creditors: amounts falling due after more than one year
(16,754)
(18,500)
Provisions for liabilities
Deferred tax
(4,045)
(2,663)
Net assets
96,016 
80,272 
Capital and reserves
Called up share capital
12 
12 
Profit and loss account
96,004 
80,260 
Shareholders' funds
96,016 
80,272 
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 11 September 2023 and were signed on its behalf by
P A Blick Director Company Registration No. 10789357
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PB Tree and Vegetation Maintenance Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
PB Tree and Vegetation Maintenance Ltd is a private company, limited by shares, registered in England and Wales, registration number 10789357. The registered office is 24 Albert Street, Dawlish, Devon, EX7 9LA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ Sterling
Turnover
Turnover represents the net value of services provided during the accounting period.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing balance
Motor vehicles
25% Reducing balance
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred taxation
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 accounts. 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.
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PB Tree and Vegetation Maintenance Ltd Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
15,855 
19,112 
777 
35,744 
Additions
2,363 
8,739 
216 
11,318 
Disposals
- 
(250)
- 
(250)
At 31 March 2023
18,218 
27,601 
993 
46,812 
Depreciation
At 1 April 2022
7,356 
13,065 
194 
20,615 
Charge for the year
1,900 
1,866 
249 
4,015 
At 31 March 2023
9,256 
14,931 
443 
24,630 
Net book value
At 31 March 2023
8,962 
12,670 
550 
22,182 
At 31 March 2022
8,499 
6,047 
583 
15,129 
2023 
2022 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
8,135 
6,047 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
17,400 
19,910 
Accrued income and prepayments
6,959 
7,470 
24,359 
27,380 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,843 
5,843 
VAT
8,759 
10,404 
Obligations under finance leases and hire purchase contracts
1,844 
2,821 
Taxes and social security
12,864 
16,515 
Loans from directors
55,953 
56,506 
Accruals
1,405 
1,214 
86,668 
93,303 
A Bounce Back Loan was received in May 2020. The Government guarantees 100% of the loan are there were no fees or interest payable in the first 12 months. After the first 12 months, interest was capped at 2.5%. The balance of the loan is repayable within 5 years.
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PB Tree and Vegetation Maintenance Ltd Notes to the Accounts for the year ended 31 March 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
12,657 
18,500 
Obligations under finance leases and hire purchase contracts
4,097 
- 
16,754 
18,500 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
1 Ordinary A share of £1 each
1 
1 
1 Ordinary B share of £1 each
1 
1 
12 
12 
9
Transactions with related parties
Interest of £2,000 was charged by the directors for money advanced to the company.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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