1 March 2022 false No description of principal activity Taxfiler 2023.10.1 04645065business:PrivateLimitedCompanyLtd2022-03-012023-02-28 046450652022-02-28 046450652022-03-012023-02-28 04645065business:AuditExemptWithAccountantsReport2022-03-012023-02-28 04645065business:FilletedAccounts2022-03-012023-02-28 046450652023-02-28 04645065business:Director12022-03-012023-02-28 04645065business:Director22022-03-012023-02-28 04645065business:RegisteredOffice2022-03-012023-02-28 046450652022-02-28 04645065core:WithinOneYear2023-02-28 04645065core:WithinOneYear2022-02-28 04645065core:AfterOneYear2023-02-28 04645065core:AfterOneYear2022-02-28 04645065core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 04645065core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 04645065core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 04645065core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 04645065core:PreviouslyStatedAmount2023-02-28 04645065core:PreviouslyStatedAmount2022-02-28 04645065business:SmallEntities2022-03-012023-02-28 04645065countries:EnglandWales2022-03-012023-02-28 04645065core:PlantMachinery2022-03-012023-02-28 04645065core:MotorVehicles2022-03-012023-02-28 04645065core:FurnitureFittings2022-03-012023-02-28 04645065core:PlantMachinery2022-02-28 04645065core:MotorVehicles2022-02-28 04645065core:FurnitureFittings2022-02-28 04645065core:PlantMachinery2023-02-28 04645065core:MotorVehicles2023-02-28 04645065core:FurnitureFittings2023-02-28 046450652021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 04645065 (England and Wales)
Cotswold and Vale Fencing and Landscape Supplies Limited Unaudited accounts for the year ended 28 February 2023
Cotswold and Vale Fencing and Landscape Supplies Limited Unaudited accounts Contents
Page
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Cotswold and Vale Fencing and Landscape Supplies Limited Company Information for the year ended 28 February 2023
Directors
Mr Christopher Kenneth Dudfield Mr Simon Nicholas Dudfield
Company Number
04645065 (England and Wales)
Registered Office
NATTON HOUSE NATTON ASHCHURCH TEWKESBURY GLOUCESTERSHIRE GL20 7BG
Accountants
The Practice - Chartered Management Accountants 2 New Street Ledbury Herefordshire HR8 2DX
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Cotswold and Vale Fencing and Landscape Supplies Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,478 
5,971 
Current assets
Inventories
140,000 
123,000 
Debtors
137,553 
122,822 
Cash at bank and in hand
189,385 
165,233 
466,938 
411,055 
Creditors: amounts falling due within one year
(221,472)
(270,334)
Net current assets
245,466 
140,721 
Total assets less current liabilities
249,944 
146,692 
Creditors: amounts falling due after more than one year
(22,499)
(35,416)
Provisions for liabilities
Other provisions
(25,323)
- 
Net assets
202,122 
111,276 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
202,022 
111,176 
Shareholders' funds
202,122 
111,276 
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 5 September 2023 and were signed on its behalf by
Mr Simon Nicholas Dudfield Director Company Registration No. 04645065
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Cotswold and Vale Fencing and Landscape Supplies Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Cotswold and Vale Fencing and Landscape Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 04645065. The registered office is NATTON HOUSE NATTON, ASHCHURCH, TEWKESBURY, GLOUCESTERSHIRE, GL20 7BG.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
25% of written down value
Motor vehicles
25% of written down value
Fixtures & fittings
25% of written down value
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Cotswold and Vale Fencing and Landscape Supplies Limited Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
14,665 
69,880 
3,522 
88,067 
At 28 February 2023
14,665 
69,880 
3,522 
88,067 
Depreciation
At 1 March 2022
14,385 
64,254 
3,457 
82,096 
Charge for the year
70 
1,407 
16 
1,493 
At 28 February 2023
14,455 
65,661 
3,473 
83,589 
Net book value
At 28 February 2023
210 
4,219 
49 
4,478 
At 28 February 2022
280 
5,626 
65 
5,971 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
135,739 
114,472 
Other debtors
1,814 
8,350 
137,553 
122,822 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
8,333 
Trade creditors
156,199 
204,220 
Taxes and social security
26,016 
11,408 
Other creditors
3,050 
24,166 
Loans from directors
24,282 
20,282 
Accruals
1,925 
1,925 
221,472 
270,334 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
22,499 
35,416 
8
Transactions with related parties
Loan from director - 0% Interest with no set repayment date. Mr S. N. Dudfield £12,141 (2022 £10,641) Mr C Dudfield £12,141 (2022 £10,641)
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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