Birtwhistle Landscaping Limited 04573946 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is Landscaping services Digita Accounts Production Advanced 6.30.9574.0 true true 04573946 2022-04-01 2023-03-31 04573946 2023-03-31 04573946 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-03-31 04573946 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-03-31 04573946 core:CurrentFinancialInstruments 2023-03-31 04573946 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 04573946 core:Non-currentFinancialInstruments 2023-03-31 04573946 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 04573946 core:Goodwill 2023-03-31 04573946 core:FurnitureFittingsToolsEquipment 2023-03-31 04573946 core:MotorVehicles 2023-03-31 04573946 bus:SmallEntities 2022-04-01 2023-03-31 04573946 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 04573946 bus:FullAccounts 2022-04-01 2023-03-31 04573946 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 04573946 bus:RegisteredOffice 2022-04-01 2023-03-31 04573946 bus:Director2 2022-04-01 2023-03-31 04573946 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04573946 core:Goodwill 2022-04-01 2023-03-31 04573946 core:ComputerEquipment 2022-04-01 2023-03-31 04573946 core:FurnitureFittings 2022-04-01 2023-03-31 04573946 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 04573946 core:MotorVehicles 2022-04-01 2023-03-31 04573946 core:PlantMachinery 2022-04-01 2023-03-31 04573946 countries:AllCountries 2022-04-01 2023-03-31 04573946 2022-03-31 04573946 core:Goodwill 2022-03-31 04573946 core:FurnitureFittingsToolsEquipment 2022-03-31 04573946 core:MotorVehicles 2022-03-31 04573946 2021-04-01 2022-03-31 04573946 2022-03-31 04573946 core:HirePurchaseContracts core:CurrentFinancialInstruments 2022-03-31 04573946 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2022-03-31 04573946 core:CurrentFinancialInstruments 2022-03-31 04573946 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 04573946 core:Non-currentFinancialInstruments 2022-03-31 04573946 core:Non-currentFinancialInstruments core:AfterOneYear 2022-03-31 04573946 core:FurnitureFittingsToolsEquipment 2022-03-31 04573946 core:MotorVehicles 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 04573946

Birtwhistle Landscaping Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2023

 

Birtwhistle Landscaping Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 8

 

Birtwhistle Landscaping Limited

(Registration number: 04573946)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

5

48,588

65,990

Current assets

 

Stocks

6

147,000

147,000

Debtors

7

64,161

134,993

Cash at bank and in hand

 

11,050

-

 

222,211

281,993

Creditors: Amounts falling due within one year

8

(253,437)

(300,435)

Net current liabilities

 

(31,226)

(18,442)

Total assets less current liabilities

 

17,362

47,548

Creditors: Amounts falling due after more than one year

8

(50,076)

(68,472)

Provisions for liabilities

-

(517)

Net liabilities

 

(32,714)

(21,441)

Capital and reserves

 

Called up share capital

3

3

Retained earnings

(32,717)

(21,444)

Shareholders' deficit

 

(32,714)

(21,441)

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The Director acknowledges his 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.

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 Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 August 2023
 

.........................................
J Birtwhistle
Director

 

Birtwhistle Landscaping Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital incorporated in England & Wales and the company registration number is 04573946.

The address of its registered office is:
Weaver Cottage
Cherry Lane
Barrow-On-Humber
North Lincolnshire
DN19 7AX

These financial statements were authorised for issue by the director on 27 August 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 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 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.

The financial statements have been prepared for the individual entity and are presented in pound sterling and rounded to the nearest pound.

Going concern

Specifically in connection with the current economic climate, the directors have considered the impact of COVID-19 on the business and they are satisfied that the company has sufficient financial headroom to continue trading for at least the next twelve months. For this reason 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 deferred 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.

 

Birtwhistle Landscaping Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & Machinery

25% Straight Line

Motor Vehicles

25% Reducing Balance

Fixtures & Fittings

25% Straight Line

Office Equipment

25% Reducing Balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the Company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

10 Years Straight Line

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Birtwhistle Landscaping Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

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.

 

Birtwhistle Landscaping Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 20 (2022 - 24).

 

Birtwhistle Landscaping Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 April 2022

20,000

20,000

At 31 March 2023

20,000

20,000

Amortisation

At 1 April 2022

20,000

20,000

At 31 March 2023

20,000

20,000

Carrying amount

At 31 March 2023

-

-

5

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2022

203,906

169,111

373,017

Additions

1,447

-

1,447

Disposals

(38,100)

(13,115)

(51,215)

At 31 March 2023

167,253

155,996

323,249

Depreciation

At 1 April 2022

178,617

128,410

307,027

Charge for the year

8,659

8,026

16,685

Eliminated on disposal

(38,100)

(10,951)

(49,051)

At 31 March 2023

149,176

125,485

274,661

Carrying amount

At 31 March 2023

18,077

30,511

48,588

At 31 March 2022

25,289

40,701

65,990

6

Stocks

2023
£

2022
£

Other inventories

147,000

147,000

 

Birtwhistle Landscaping Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

7

Debtors

Current

2023
£

2022
£

Trade debtors

52,874

82,912

Prepayments

2,046

1,569

Other debtors

9,241

50,512

 

64,161

134,993

 

Birtwhistle Landscaping Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

8

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Bank loans and overdrafts

9

39,157

65,289

Trade creditors

 

129,658

142,716

Taxation and social security

 

47,077

57,943

Other creditors

 

34,480

31,702

Accruals and deferred income

 

3,065

2,785

 

253,437

300,435

Due after one year

 

Loans and borrowings

9

50,076

68,472

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

9

50,076

68,472

9

Loans and borrowings

2023
£

2022
£

Non-current loans and borrowings

Bank borrowings

47,644

60,245

Hire purchase contracts

2,432

8,227

50,076

68,472

2023
£

2022
£

Current loans and borrowings

Bank borrowings

32,052

45,887

Bank overdrafts

-

8,009

Hire purchase contracts

7,105

11,393

Other borrowings

321

4,015

39,478

69,304