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REGISTERED NUMBER: 01300877 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

S & D LANDSCAPES LIMITED

S & D LANDSCAPES LIMITED (REGISTERED NUMBER: 01300877)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S & D LANDSCAPES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Terry Stuart Donington
Samuel James Donington





REGISTERED OFFICE: Foulby Farm
Doncaster Road
Foulby
Wakefield
West Yorkshire
WF4 1PY





REGISTERED NUMBER: 01300877 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
First Floor, Unit 12
Pennine Business Park
Longbow Close, Bradley
Huddersfield
West Yorkshire
HD2 1GQ

S & D LANDSCAPES LIMITED (REGISTERED NUMBER: 01300877)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 615,071 542,524
Investment property 5 85,186 85,186
700,257 627,710

CURRENT ASSETS
Stocks 34,088 63,187
Debtors 6 336,968 248,844
Cash at bank and in hand 363,405 313,911
734,461 625,942
CREDITORS
Amounts falling due within one year 7 252,313 234,928
NET CURRENT ASSETS 482,148 391,014
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,182,405

1,018,724

CREDITORS
Amounts falling due after more than
one year

8

(22,500

)

(46,162

)

PROVISIONS FOR LIABILITIES (87,914 ) (74,863 )
NET ASSETS 1,071,991 897,699

CAPITAL AND RESERVES
Called up share capital 50 50
Capital redemption reserve 50 50
Profit and loss account 1,071,891 897,599
1,071,991 897,699

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

S & D LANDSCAPES LIMITED (REGISTERED NUMBER: 01300877)

BALANCE SHEET - continued
31 MARCH 2023


The 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 May 2023 and were signed on its behalf by:




Terry Stuart Donington - Director



Samuel James Donington - Director


S & D LANDSCAPES LIMITED (REGISTERED NUMBER: 01300877)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

S & D Landscapes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


S & D LANDSCAPES LIMITED (REGISTERED NUMBER: 01300877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HIRE PURCHASE AND LEASING COMMITMENTS
Tangible fixed assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the leases.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

INCOME RECOGNITION
Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

FINANCE COSTS OF DEBT
The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2022 - 36 ) .

S & D LANDSCAPES LIMITED (REGISTERED NUMBER: 01300877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2022 156,813 514,381 32,368 427,305 1,130,867
Additions 7,137 72,611 297 101,371 181,416
Disposals - - - (33,850 ) (33,850 )
At 31 March 2023 163,950 586,992 32,665 494,826 1,278,433
DEPRECIATION
At 1 April 2022 8,307 285,120 23,811 271,105 588,343
Charge for year 3,279 30,187 1,460 61,209 96,135
Eliminated on disposal - - - (21,116 ) (21,116 )
At 31 March 2023 11,586 315,307 25,271 311,198 663,362
NET BOOK VALUE
At 31 March 2023 152,364 271,685 7,394 183,628 615,071
At 31 March 2022 148,506 229,261 8,557 156,200 542,524

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 85,186
NET BOOK VALUE
At 31 March 2023 85,186
At 31 March 2022 85,186

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 296,939 206,054
Other debtors 40,029 42,790
336,968 248,844

S & D LANDSCAPES LIMITED (REGISTERED NUMBER: 01300877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 8,500
Hire purchase contracts (see note 9) 12,162 12,162
Trade creditors 139,492 95,209
Taxation and social security 45,622 57,096
Other creditors 45,037 61,961
252,313 234,928

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 22,500 34,000
Hire purchase contracts (see note 9) - 12,162
22,500 46,162

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2023 2022
£    £   
Net obligations repayable:
Within one year 12,162 12,162
Between one and five years - 12,162
12,162 24,324

10. SECURED DEBTS

The bank loan is unsecured as this is backed by a government guarantee.

The obligations under finance leases and hire purchase contracts are secured by a charge on the assets purchased under these agreements.

11. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £19,858 (2022: £16,768). Contributions totalling £Nil (2022: £Nil) were payable to the fund at the year end and are included in creditors.

S & D LANDSCAPES LIMITED (REGISTERED NUMBER: 01300877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

12. RELATED PARTY DISCLOSURES

Mr T.S. Donington has control over a majority of shares in the company, and together with his involvement in its day-to-day management, is deemed to be the controlling party for the purposes of Financial Reporting Standard No. 102.

Creditors falling due within one year includes the following directors' loans:


Name 2023 2022
£ £

T.S. Donington 38,153 36,793
S.J. Donington 4,026 2,430
42,179 39,223