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REGISTERED NUMBER: 05606838 (England and Wales)














ANDY STURGEON GARDEN DESIGN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023






ANDY STURGEON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 05606838)

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










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


ANDY STURGEON GARDEN DESIGN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: A T Sturgeon





REGISTERED OFFICE: 56 West Street
Shoreham-by-Sea
West Sussex
BN43 5WG





REGISTERED NUMBER: 05606838 (England and Wales)





ACCOUNTANTS: Flint Accounting Limited
Chartered Accountants
56 West Street
Shoreham by Sea
West Sussex
BN43 5WG

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ANDY STURGEON GARDEN DESIGN 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 Statement of Financial Position. 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 Andy Sturgeon Garden Design Limited for the year ended 31 May 2023 which comprise the Income Statement, Statement of Financial Position 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 Andy Sturgeon Garden Design Limited in accordance with the terms of our engagement letter dated 19 July 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Andy Sturgeon Garden Design Limited and state those matters that we have agreed to state to the director of Andy Sturgeon Garden Design 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 Andy Sturgeon Garden Design Limited and its director for our work or for this report.

It is your duty to ensure that Andy Sturgeon Garden Design 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 profit of Andy Sturgeon Garden Design Limited. You consider that Andy Sturgeon Garden Design 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 Andy Sturgeon Garden Design 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.






Flint Accounting Limited
Chartered Accountants
56 West Street
Shoreham by Sea
West Sussex
BN43 5WG


23 November 2023

ANDY STURGEON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 05606838)

STATEMENT OF FINANCIAL POSITION
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 7,750 10,850
Tangible assets 6 781,836 779,772
789,586 790,622

CURRENT ASSETS
Debtors 7 633,312 444,332
Cash at bank 123,464 918,844
756,776 1,363,176
CREDITORS
Amounts falling due within one year 8 443,286 692,589
NET CURRENT ASSETS 313,490 670,587
TOTAL ASSETS LESS CURRENT LIABILITIES 1,103,076 1,461,209

CREDITORS
Amounts falling due after more than one
year

9

24,110

34,018
NET ASSETS 1,078,966 1,427,191

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 10 1,078,865 1,427,090
SHAREHOLDERS' FUNDS 1,078,966 1,427,191

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

ANDY STURGEON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 05606838)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 November 2023 and were signed by:





A T Sturgeon - Director


ANDY STURGEON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 05606838)

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


1. STATUTORY INFORMATION

Andy Sturgeon Garden Design 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable services rendered, stated net of discounts and of Value Added Tax. When the consideration receivable in cash or cash equivalents is deferred, and the arrangement constitutes in effect a financing transaction, the fair value of the consideration is measured as the present value of all future receipts determined using an imputed rate of interest, normally the rate that discounts the nominal amount of consideration to the cash sales price.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities of the actual completion of a proportion of the total services to be rendered.

When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

ANDY STURGEON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 05606838)

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


3. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - No depreciation is provided
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33.33% on cost

At each balance sheet date the company reviews the carrying amounts of its property, plant and equipment to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss if any. If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

No depreciation has been charged to the freehold property because the residual value is expected to be greater than the current carrying amount.

Taxation
Taxation represents the sum of the tax currently payable and deferred tax.

The company's liability to tax is calculated using the tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of the assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period to which the liability is settled or the asset realised, based on tax rates and laws that have been enacted or substantively enacted by the end of the reporting period.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2022 - 20 ) .

ANDY STURGEON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 05606838)

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


5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2022
and 31 May 2023 62,000
AMORTISATION
At 1 June 2022 51,150
Amortisation for year 3,100
At 31 May 2023 54,250
NET BOOK VALUE
At 31 May 2023 7,750
At 31 May 2022 10,850

Paragraph 19.23(a) of FRS 102 states that goodwill shall be considered to have a finite useful life and in the exceptional cases when an entity is unable to make a reliable estimate of the useful life, the life shall not exceed 10 years. On acquisition in 2005, the company decided that in accordance with FRSSE the goodwill had an economic life of 20 years. At 31 May 2023 the carrying amount for the goodwill is therefore £7,750 and has a remaining useful life of 2.5 years. The company considers there is evidence to support the remaining useful economic life of 2.5 years and provides adequate evidence to support this. It is therefore not required to adjust the expected amortisation profile.

6. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 June 2022 732,374 5,975 210,474 156,530 1,105,353
Additions - - 2,479 28,673 31,152
At 31 May 2023 732,374 5,975 212,953 185,203 1,136,505
DEPRECIATION
At 1 June 2022 14,638 4,767 179,681 126,495 325,581
Charge for year - 304 7,945 20,839 29,088
At 31 May 2023 14,638 5,071 187,626 147,334 354,669
NET BOOK VALUE
At 31 May 2023 717,736 904 25,327 37,869 781,836
At 31 May 2022 717,736 1,208 30,793 30,035 779,772

ANDY STURGEON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 05606838)

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


7. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 421,177 337,483
Amounts recoverable on contracts 182,800 75,744
Other debtors 25,287 26,429
629,264 439,656

Amounts falling due after more than one year:
Other debtors 4,048 4,676

Aggregate amounts 633,312 444,332

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,909 9,667
Trade creditors 70,692 333,862
Taxation and social security 316,930 315,057
Other creditors 45,755 34,003
443,286 692,589

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 24,110 34,018

10. RESERVES
Retained
earnings
£   

At 1 June 2022 1,427,090
Profit for the year 600,775
Dividends (949,000 )
At 31 May 2023 1,078,865

11. RELATED PARTY DISCLOSURES

The controlling party is A T Sturgeon.