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REGISTERED NUMBER: 08942018 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED

ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED (REGISTERED NUMBER: 08942018)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: L Williams





SECRETARY: Mrs S J Williams





REGISTERED OFFICE: 29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU





REGISTERED NUMBER: 08942018 (England and Wales)





ACCOUNTANTS: Advanta
Chartered Accountants
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU

ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED (REGISTERED NUMBER: 08942018)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 95,203 85,655

CURRENT ASSETS
Stocks 5 2,500 2,500
Debtors 6 42,168 36,367
Cash at bank 143,585 120,616
188,253 159,483
CREDITORS
Amounts falling due within one year 7 113,788 122,299
NET CURRENT ASSETS 74,465 37,184
TOTAL ASSETS LESS CURRENT
LIABILITIES

169,668

122,839

CREDITORS
Amounts falling due after more than one
year

8

(10,461

)

(14,334

)

PROVISIONS FOR LIABILITIES 9 (18,089 ) (16,274 )
NET ASSETS 141,118 92,231

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 141,017 92,130
SHAREHOLDERS' FUNDS 141,118 92,231

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 director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 November 2023 and were signed by:



L Williams - Director


ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED (REGISTERED NUMBER: 08942018)

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


1. STATUTORY INFORMATION

Roots Gardening & Grounds Maintenance 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 represents amounts receivable for gardening services net of VAT.

Revenue from the sale of services is recognised by reference to the stage of completion and when the costs incurred and costs to complete can be estimated reliably. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 8 ) .

ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED (REGISTERED NUMBER: 08942018)

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


4. TANGIBLE FIXED ASSETS
Plant & Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 84,587 60,110 3,597 148,294
Additions 34,067 8,306 380 42,753
Disposals - (3,400 ) - (3,400 )
At 31 March 2023 118,654 65,016 3,977 187,647
DEPRECIATION
At 1 April 2022 38,978 21,530 2,131 62,639
Charge for year 19,919 11,521 959 32,399
Eliminated on disposal - (2,594 ) - (2,594 )
At 31 March 2023 58,897 30,457 3,090 92,444
NET BOOK VALUE
At 31 March 2023 59,757 34,559 887 95,203
At 31 March 2022 45,609 38,580 1,466 85,655

5. STOCKS
2023 2022
£    £   
Work-in-progress 2,500 2,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 35,359 36,367
Directors' current accounts 6,094 -
Prepayments 715 -
42,168 36,367

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,872 3,776
Trade creditors 3,143 4,900
Tax 25,968 13,025
PAYE 1,975 3,008
VAT 15,416 15,907
Other creditors 62,364 80,424
Directors' current accounts - 209
Accrued expenses 1,050 1,050
113,788 122,299

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 3,970 3,872
Bank loans - 2-5 years 6,491 10,462
10,461 14,334

ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED (REGISTERED NUMBER: 08942018)

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


9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 18,089 16,274

Deferred
tax
£   
Balance at 1 April 2022 16,274
Charge to Income Statement during year 1,815
Balance at 31 March 2023 18,089

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
L Williams
Balance outstanding at start of year - -
Amounts advanced 6,094 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,094 -

At the balance sheet date the company was owed £6,094 by Mr L Williams, the company director. No interest was charged in the year. This was repaid in full by 31 December 2023.