Company Registration No. 09236087 (England and Wales)
Grangewood Landscapes Limited
Unaudited accounts
for the year ended 30 April 2023
Grangewood Landscapes Limited
Statement of financial position
as at 30 April 2023
Intangible assets
5,500
6,000
Tangible assets
3,984
5,312
Cash at bank and in hand
53,197
47,285
Creditors: amounts falling due within one year
(10,656)
(20,238)
Net current assets
42,541
34,047
Called up share capital
100
100
Profit and loss account
51,925
45,259
Shareholders' funds
52,025
45,359
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 27 November 2023 and were signed on its behalf by
Mr Michael Piazza
Director
Company Registration No. 09236087
Grangewood Landscapes Limited
Notes to the Accounts
for the year ended 30 April 2023
Grangewood Landscapes Limited is a private company, limited by shares, registered in England and Wales, registration number 09236087. The registered office is Sopers House, Sopers Road, Cuffley, EN6 4RY.
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.
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.
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% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
Grangewood Landscapes Limited
Notes to the Accounts
for the year ended 30 April 2023
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
500
22,397
585
23,482
At 30 April 2023
500
22,397
585
23,482
At 1 May 2022
500
17,524
146
18,170
Charge for the year
-
1,218
110
1,328
At 30 April 2023
500
18,742
256
19,498
At 30 April 2023
-
3,655
329
3,984
At 30 April 2022
-
4,873
439
5,312
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
1,521
Taxes and social security
3,183
11,918
Loans from directors
6,723
6,049
Grangewood Landscapes Limited
Notes to the Accounts
for the year ended 30 April 2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).