1 June 2022 v2023.23.2 limited_company_frs_102_section_1a_v1_1_0 companies_houseSoftwarefalsetruetruetrueNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP050914952022-06-012023-05-31050914952023-05-31050914952022-05-3105091495core:WithinOneYear2023-05-3105091495core:WithinOneYear2022-05-3105091495core:ShareCapital2023-05-3105091495core:ShareCapital2022-05-3105091495core:RetainedEarningsAccumulatedLosses2023-05-3105091495core:RetainedEarningsAccumulatedLosses2022-05-3105091495bus:Director12022-06-012023-05-3105091495bus:RegisteredOffice2022-06-012023-05-3105091495core:PlantMachinery2022-06-012023-05-3105091495core:FurnitureFittings2022-06-012023-05-3105091495core:MotorVehicles2022-06-012023-05-31050914952021-06-012022-05-31050914952022-06-010509149512022-06-012023-05-3105091495countries:EnglandWales2022-06-012023-05-3105091495bus:AuditExempt-NoAccountantsReport2022-06-012023-05-3105091495bus:PrivateLimitedCompanyLtd2022-06-012023-05-3105091495bus:SmallEntities2022-06-012023-05-3105091495bus:AbridgedAccounts2022-06-012023-05-31
Company registration number:
05091495
Coatsworth Landscapes Limited
Unaudited Filleted Abridged Financial Statements for the year ended
31 May 2023
Coatsworth Landscapes Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Coatsworth Landscapes Limited
Year ended
31 May 2023
As described on the abridged statement of financial position, the Board of Directors of
Coatsworth Landscapes Limited
are responsible for the preparation of the
abridged financial statements
for the year ended
31 May 2023
, which comprise the abridged income statement, abridged statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
JPW Accountancy LLP
The Core, Bath Lane
Newcastle Helix
Newcastle upon Tyne
NE4 5TF
United Kingdom
Coatsworth Landscapes Limited
Abridged Statement of Financial Position
31 May 2023
20232022
Note££
Fixed assets    
Tangible assets 5
167,311
 
162,540
 
Current assets    
Stocks
4,000
 
2,000
 
Debtors
68,478
 
67,171
 
Cash at bank and in hand
83,705
 
51,289
 
156,183
 
120,460
 
Creditors: amounts falling due within one year
(59,766
)
(51,158
)
Net current assets
96,417
 
69,302
 
Total assets less current liabilities 263,728   231,842  
Provisions for liabilities
(31,789
)
(31,049
)
Net assets
231,939
 
200,793
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
231,839
 
200,693
 
Shareholders funds
231,939
 
200,793
 
For the year ending
31 May 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of the abridged statement of financial position and the abridged income statement for the year ended
31 May 2023
in accordance with Section 444(2A) of the Companies Act 2006.
These
abridged financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
25 October 2023
, and are signed on behalf of the board by:
S Coatsworth
Director
Company registration number:
05091495
Coatsworth Landscapes Limited
Notes to the Abridged Financial Statements
Year ended
31 May 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Demesne Farm, Front Street West
,
Bedlington
,
Northumberland
,
NE22 5TT
, .

2 Statement of compliance

These
abridged financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
abridged financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
abridged financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
25% reducing balance
Fixtures and fittings
25% reducing balance
Motor vehicles
25% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent 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 tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

4 Average number of employees

The average number of persons employed by the company during the year was
8
(2022:
8
).

5 Fixed assets

Intangible assetsTangible assetsTotal
£££
Cost      
At
1 June 2022
120,000
 
476,715
  596,715  
Additions -  
53,213
  53,213  
At
31 May 2023
120,000
 
529,928
  649,928  
Amortisation and depreciation      
At
1 June 2022
120,000
 
314,175
  434,175  
Charge -  
48,442
  48,442  
At
31 May 2023
120,000
 
362,617
  482,617  
Carrying amount      
At
31 May 2023
-  
167,311
 
167,311
 
At 31 May 2022 -  
162,540
 
162,540