Company Registration No. 08962455 (England and Wales)
Taw and Torridge Tree Services Ltd
Annual report and financial statement
for the year ended 28 February 2023
Taw and Torridge Tree Services Ltd
Annual report and financial statement
Contents
Taw and Torridge Tree Services Ltd
Company Information
for the year ended 28 February 2023
Directors
N Luxton
S Arnett-Clark
Company Number
08962455 (England and Wales)
Registered Office
Suite 2, Riverside Court
Castle Street
Barnstaple
Devon
EX31 1DR
Accountants
JD Accountants (South West) Ltd
Suite 2, Riverside Court
Castle Street
Barnstaple
Devon
EX31 1DR
Taw and Torridge Tree Services Ltd
Statement of financial position
as at 28 February 2023
Intangible assets
11,000
13,200
Tangible assets
77,073
77,596
Cash at bank and in hand
17,274
8,137
Creditors: amounts falling due within one year
(57,279)
(81,650)
Net current (liabilities)/assets
(11,174)
19,051
Total assets less current liabilities
76,899
109,847
Creditors: amounts falling due after more than one year
(34,931)
(47,454)
Provisions for liabilities
Deferred tax
(14,643)
(14,743)
Called up share capital
100
100
Profit and loss account
27,225
47,550
Shareholders' funds
27,325
47,650
For the year ending 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2023 and were signed on its behalf by
N Luxton
Director
Company Registration No. 08962455
Taw and Torridge Tree Services Ltd
Notes to the Accounts
for the year ended 28 February 2023
Taw and Torridge Tree Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08962455. The registered office is Suite 2, Riverside Court, Castle Street, Barnstaple, Devon, EX31 1DR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
15% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 28 February 2023
22,000
At 28 February 2023
11,000
At 28 February 2023
11,000
At 28 February 2022
13,200
Taw and Torridge Tree Services Ltd
Notes to the Accounts
for the year ended 28 February 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2022
78,167
51,166
129,333
Additions
6,350
12,000
18,350
Disposals
-
(11,000)
(11,000)
At 28 February 2023
84,517
52,166
136,683
At 1 March 2022
28,842
22,895
51,737
Charge for the year
8,351
3,305
11,656
On disposals
-
(3,783)
(3,783)
At 28 February 2023
37,193
22,417
59,610
At 28 February 2023
47,324
29,749
77,073
At 28 February 2022
49,325
28,271
77,596
Amounts falling due within one year
Trade debtors
16,081
77,956
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
498
12,889
Taxes and social security
37,707
47,376
Loans from directors
15,671
17,982
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
764
3,287
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Taw and Torridge Tree Services Ltd
Notes to the Accounts
for the year ended 28 February 2023
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).