Olive Tree Landscaping Ltd |
Registered Number:12461297 |
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2023
Olive Tree Landscaping Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Olive Tree Landscaping Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
17,888
2,087
2
17,888
2,087
Trade and other receivables |
4,051
4,983
3
14,633
Cash and cash equivalents |
20,245
25,228
18,684
Trade and other payables: amounts falling due within one |
year |
(13,033)
(37,644)
4
5,651
(12,416)
Net current liabilities
Total assets less current liabilities |
5,472
7,738
Trade and other payables: amounts falling due after more |
than one year |
(7,500)
(5,460)
5
12
Net assets
238
2
2
10
236
12
238
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Krzysztof Jacek Piecuch Director |
These financial statements were approved and authorised for issue by the Board on 06 October 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 28 February 2023
Olive Tree Landscaping Ltd
Notes to the Financial Statements
Statutory Information
Olive Tree Landscaping Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 12461297. |
122 Reedham Close
London
N17 9PU
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
2. Property, plant and equipment |
Motor Vehicles
2,384
1,740
-
644
17,077
-
16,000
1,077
1,721
16,000
1,740
19,461
Provision for depreciation and impairment |
297
149
-
148
Charge for year
1,276
574
333
369
1,573
723
333
517
1,204
15,667
1,017
17,888
496
-
1,591
2,087
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For the year ended 28 February 2023
Olive Tree Landscaping Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2022
2023
1,454
699
3,529
3,352
4,051
4,983
4. Trade and other payables: amounts falling due within one year |
2022
2023
Bank loans and overdraft (secured) |
2,040
2,000
16,124
944
Taxation and social security |
18,997
8,689
483
-
-
1,400
37,644
13,033
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
Bank loans and overdraft (secured) |
5,460
7,500
6. Directors advances and guarantees |
Loaned
Repaid
Mr Krzysztof Jacek Piecuch
Loan repayable on demand
3,279
2,857
3,279
2,857
3,279
2,857
3,279
2,857
7. Average number of persons employed |
During the year the average number of employees was 1
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