FLETCHERS GARDEN AND LEISURE LIMITED

Company Registration Number:
04289686 (England and Wales)

Unaudited abridged accounts for the year ended 25 February 2023

Period of accounts

Start date: 26 February 2022

End date: 25 February 2023

FLETCHERS GARDEN AND LEISURE LIMITED

Contents of the Financial Statements

for the Period Ended 25 February 2023

Balance sheet
Notes

FLETCHERS GARDEN AND LEISURE LIMITED

Balance sheet

As at 25 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 198,436 209,172
Total fixed assets: 198,436 209,172
Current assets
Stocks: 175,500 215,250
Debtors:   356,368 233,416
Cash at bank and in hand: 76,458 149,466
Total current assets: 608,326 598,132
Creditors: amounts falling due within one year:   (486,141) (488,798)
Net current assets (liabilities): 122,185 109,334
Total assets less current liabilities: 320,621 318,506
Total net assets (liabilities): 320,621 318,506
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 320,521 318,406
Shareholders funds: 320,621 318,506

The notes form part of these financial statements

FLETCHERS GARDEN AND LEISURE LIMITED

Balance sheet statements

For the year ending 25 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 May 2023
and signed on behalf of the board by:

Name: R Fletcher
Status: Director

The notes form part of these financial statements

FLETCHERS GARDEN AND LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 25 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:Plant and machinery 15% reducing balance basisProperty alterations 5% straight line basis

Valuation and information policy

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Other accounting policies

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.Contributions to defined contribution plans are expensed in the period to which they relate.

FLETCHERS GARDEN AND LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 25 February 2023

2. Employees

2023 2022
Average number of employees during the period 18 17

FLETCHERS GARDEN AND LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 25 February 2023

3. Tangible Assets

Total
Cost £
At 26 February 2022 542,672
Additions 22,609
At 25 February 2023 565,281
Depreciation
At 26 February 2022 333,500
Charge for year 33,345
At 25 February 2023 366,845
Net book value
At 25 February 2023 198,436
At 25 February 2022 209,172