LEAFY GARDENS LIMITED 14122324 false 2022-05-21 2023-05-31 2023-05-31 The principal activity of the company is that of providing garden design services. Digita Accounts Production Advanced 6.30.9574.0 true true 14122324 2022-05-21 2023-05-31 14122324 2023-05-31 14122324 bus:OrdinaryShareClass1 2023-05-31 14122324 bus:Original 2023-05-31 14122324 core:CurrentFinancialInstruments 2023-05-31 14122324 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 14122324 bus:SmallEntities 2022-05-21 2023-05-31 14122324 bus:AuditExemptWithAccountantsReport 2022-05-21 2023-05-31 14122324 bus:FullAccounts 2022-05-21 2023-05-31 14122324 bus:SmallCompaniesRegimeForAccounts 2022-05-21 2023-05-31 14122324 bus:RegisteredOffice 2022-05-21 2023-05-31 14122324 bus:Director1 2022-05-21 2023-05-31 14122324 bus:Director2 2022-05-21 2023-05-31 14122324 bus:OrdinaryShareClass1 2022-05-21 2023-05-31 14122324 bus:PrivateLimitedCompanyLtd 2022-05-21 2023-05-31 14122324 countries:England 2022-05-21 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14122324

LEAFY GARDENS LIMITED

Unaudited Filleted Abridged Financial Statements

for the Period from 21 May 2022 to 31 May 2023

 

LEAFY GARDENS LIMITED

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

LEAFY GARDENS LIMITED

Company Information

Directors

Mrs N S Kanerick

Mrs C L Reeback

Registered office

1 London Bridge
London
SE1 9BG

Accountants

Mawson Breskal & Co
6 Parkgate Avenue
Barnet
Herts
EN4 0NR

 

LEAFY GARDENS LIMITED

(Registration number: 14122324)
Abridged Balance Sheet as at 31 May 2023

Note

2023
£

Current assets

 

Debtors

4

1

Cash at bank and in hand

 

3,546

 

3,547

Creditors: Amounts falling due within one year

(647)

Total assets less current liabilities

 

2,900

Accruals and deferred income

 

(570)

Net assets

 

2,330

Capital and reserves

 

Called up share capital

5

2

Retained earnings

2,328

Shareholders' funds

 

2,330

For the financial period ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 November 2023 and signed on its behalf by:
 

.........................................
Mrs C L Reeback
Director

 

LEAFY GARDENS LIMITED

Notes to the Unaudited Abridged Financial Statements for the Period from 21 May 2022 to 31 May 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1 London Bridge
London
SE1 9BG

The principal place of business is:
6 Sutcliffe Close
London
NW11 6NT

These financial statements were authorised for issue by the Board on 6 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

LEAFY GARDENS LIMITED

Notes to the Unaudited Abridged Financial Statements for the Period from 21 May 2022 to 31 May 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

4

Debtors

Debtors includes £Nil due after more than one year.

5

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary shares of £1 each

2

2