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REGISTERED NUMBER: 01096817 (England and Wales)















Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Arbor Townscape (Contracts) Limited

Arbor Townscape (Contracts) Limited (Registered number: 01096817)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Arbor Townscape (Contracts) Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: J E Timmins





REGISTERED OFFICE: 3 Temple Street
West Bromwich
West Midlands
B70 9AE





REGISTERED NUMBER: 01096817 (England and Wales)





ACCOUNTANTS: Tomkinson Teal Limited
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

Arbor Townscape (Contracts) Limited (Registered number: 01096817)

Balance Sheet
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 72,961 97,284

CURRENT ASSETS
Stocks 31,673 6,886
Debtors 5 393,948 297,464
Cash at bank 20,863 151,423
446,484 455,773
CREDITORS
Amounts falling due within one year 6 (315,173 ) (199,237 )
NET CURRENT ASSETS 131,311 256,536
TOTAL ASSETS LESS CURRENT
LIABILITIES

204,272

353,820

CREDITORS
Amounts falling due after more than one
year

7

(5,458

)

(12,276

)

PROVISIONS FOR LIABILITIES 8 - (3,979 )
NET ASSETS 198,814 337,565

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 198,714 337,465
SHAREHOLDERS' FUNDS 198,814 337,565

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

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 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.

Arbor Townscape (Contracts) Limited (Registered number: 01096817)

Balance Sheet - continued
28 February 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 director and authorised for issue on 23 October 2023 and were signed by:





J E Timmins - Director


Arbor Townscape (Contracts) Limited (Registered number: 01096817)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Arbor Townscape (Contracts) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

There are no material departures from the standard.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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.

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.

Arbor Townscape (Contracts) Limited (Registered number: 01096817)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 14 (2022 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2022
and 28 February 2023 13,402 177,125 39,145 229,672
DEPRECIATION
At 1 March 2022 12,928 80,315 39,145 132,388
Charge for year 119 24,204 - 24,323
At 28 February 2023 13,047 104,519 39,145 156,711
NET BOOK VALUE
At 28 February 2023 355 72,606 - 72,961
At 28 February 2022 474 96,810 - 97,284

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 March 2022 20,000
Transfer to ownership 22,500
At 28 February 2023 42,500
DEPRECIATION
At 1 March 2022 3,542
Charge for year 9,740
At 28 February 2023 13,282
NET BOOK VALUE
At 28 February 2023 29,218
At 28 February 2022 16,458

Arbor Townscape (Contracts) Limited (Registered number: 01096817)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 248,121 201,635
Other debtors 145,827 95,829
393,948 297,464

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 6,818 8,405
Trade creditors 99,760 24,091
Taxation and social security 42,128 61,314
Other creditors 166,467 105,427
315,173 199,237

The bank overdraft is secured by a fixed and floating charge over the company's assets and a personal guarantee given by the company's director, J E Timmins, limited to £100,000.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 5,458 12,276

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 3,979

Deferred
tax
£   
Balance at 1 March 2022 3,979
Credit to Profit and loss account during year (3,979 )
Balance at 28 February 2023 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

Arbor Townscape (Contracts) Limited (Registered number: 01096817)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

10. RELATED PARTY DISCLOSURES

Julian Properties (Midlands) Limited

A company in which J E Timmins is a director


Rent £12,000 (2022 - £12,000)

The amount owed to Julian Properties (Midlands) Limited of £152,095 (2022 - £94,027) is unsecured and has no specific terms regarding payment of interest. The amount due is repayable on demand but the director of Julian Properties (Midlands) Limited has given his assurance that the amount payable will not be demanded until such time as this company can afford to do so without detriment to its operating and working capital needs.

Arbor Townscape Limited

A company in which J E Timmins is a director


The amount owed by Arbor Townscape Limited of £137,442 (2022 - £65,991) is unsecured and has no specific terms regarding payment of interest. The amount due is repayable on demand but the director of Arbor Townscape (Contracts) Limited has given his assurance that the amount payable will not be demanded until such time as this company can afford to do so without detriment to its operating and working capital needs.

Chorley Developments Limited

A company in which J E Timmins is a director


The amount owed by Chorley Developments Limited of £6,622 (2022 - £6,622) is unsecured and has no specific terms regarding payment of interest. The amount due is repayable on demand but the director of Arbor Townscape (Contracts) Limited has given his assurance that the amount payable will not be demanded until such time as this company can afford to do so without detriment to its operating and working capital needs.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Arbor Townscape (Contracts) Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Arbor Townscape (Contracts) Limited for the year ended 28 February 2023 which comprise the Profit and loss account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Arbor Townscape (Contracts) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Arbor Townscape (Contracts) Limited and state those matters that we have agreed to state to the director of Arbor Townscape (Contracts) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Arbor Townscape (Contracts) Limited and its director for our work or for this report.

It is your duty to ensure that Arbor Townscape (Contracts) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Arbor Townscape (Contracts) Limited. You consider that Arbor Townscape (Contracts) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Arbor Townscape (Contracts) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal Limited
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


23 October 2023