IRIS Accounts Production v23.2.0.158 07546805 director 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure075468052022-03-31075468052023-03-31075468052022-04-012023-03-31075468052021-03-31075468052021-04-012022-03-31075468052022-03-3107546805ns16:EnglandWales2022-04-012023-03-3107546805ns15:PoundSterling2022-04-012023-03-3107546805ns11:Director12022-04-012023-03-3107546805ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3107546805ns11:SmallEntities2022-04-012023-03-3107546805ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3107546805ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3107546805ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3107546805ns11:FullAccounts2022-04-012023-03-310754680512022-04-012023-03-3107546805ns11:RegisteredOffice2022-04-012023-03-3107546805ns6:CurrentFinancialInstruments2023-03-3107546805ns6:CurrentFinancialInstruments2022-03-3107546805ns6:ShareCapital2023-03-3107546805ns6:ShareCapital2022-03-3107546805ns6:RetainedEarningsAccumulatedLosses2023-03-3107546805ns6:RetainedEarningsAccumulatedLosses2022-03-3107546805ns6:NetGoodwill2022-04-012023-03-3107546805ns6:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107546805ns6:PlantMachinery2022-04-012023-03-3107546805ns6:FurnitureFittings2022-04-012023-03-3107546805ns6:MotorVehicles2022-04-012023-03-3107546805ns6:ComputerEquipment2022-04-012023-03-3107546805ns6:NetGoodwill2022-03-3107546805ns6:NetGoodwill2023-03-3107546805ns6:NetGoodwill2022-03-3107546805ns6:PlantMachinery2022-03-3107546805ns6:FurnitureFittings2022-03-3107546805ns6:MotorVehicles2022-03-3107546805ns6:ComputerEquipment2022-03-3107546805ns6:PlantMachinery2023-03-3107546805ns6:FurnitureFittings2023-03-3107546805ns6:MotorVehicles2023-03-3107546805ns6:ComputerEquipment2023-03-3107546805ns6:PlantMachinery2022-03-3107546805ns6:FurnitureFittings2022-03-3107546805ns6:MotorVehicles2022-03-3107546805ns6:ComputerEquipment2022-03-3107546805ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3107546805ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 07546805 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

GARDEN HOUSE SOLICITORS LTD

GARDEN HOUSE SOLICITORS LTD (REGISTERED NUMBER: 07546805)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GARDEN HOUSE SOLICITORS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Mrs P E Ling





REGISTERED OFFICE: Garden House
23 London Road
Hertford
Herts
SG13 7LG





REGISTERED NUMBER: 07546805 (England and Wales)





ACCOUNTANTS: Bradshaw Johnson
Chartered Accountants
Croft Chambers
11 Bancroft
Hitchin
Hertfordshire
SG5 1JQ

GARDEN HOUSE SOLICITORS LTD (REGISTERED NUMBER: 07546805)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,994 9,273
6,994 9,273

CURRENT ASSETS
Debtors 6 361,566 269,661
Cash at bank and in hand 152,535 80,101
514,101 349,762
CREDITORS
Amounts falling due within one year 7 242,572 258,224
NET CURRENT ASSETS 271,529 91,538
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,523

100,811

PROVISIONS FOR LIABILITIES 1,329 1,762
NET ASSETS 277,194 99,049

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 277,094 98,949
SHAREHOLDERS' FUNDS 277,194 99,049

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

GARDEN HOUSE SOLICITORS LTD (REGISTERED NUMBER: 07546805)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 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 30 August 2023 and were signed by:





Mrs P E Ling - Director


GARDEN HOUSE SOLICITORS LTD (REGISTERED NUMBER: 07546805)

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

1. STATUTORY INFORMATION

Garden House Solicitors Ltd 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. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of 10 years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Commercial vehicle - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

GARDEN HOUSE SOLICITORS LTD (REGISTERED NUMBER: 07546805)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 410,000
AMORTISATION
At 1 April 2022
and 31 March 2023 410,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Commercial Computer
machinery fittings vehicle equipment Totals
£    £    £    £    £   
COST
At 1 April 2022
and 31 March 2023 5,442 10,683 3,250 43,736 63,111
DEPRECIATION
At 1 April 2022 4,474 7,685 2,159 39,520 53,838
Charge for year 190 412 272 1,405 2,279
At 31 March 2023 4,664 8,097 2,431 40,925 56,117
NET BOOK VALUE
At 31 March 2023 778 2,586 819 2,811 6,994
At 31 March 2022 968 2,998 1,091 4,216 9,273

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 257,335 193,722
Amounts recoverable on contract 82,131 58,389
Other debtors 1,750 -
VAT - 2,875
Prepayments 20,350 14,675
361,566 269,661

GARDEN HOUSE SOLICITORS LTD (REGISTERED NUMBER: 07546805)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts - 21,495
Tax 48,924 15,433
Social security and other taxes (1,444 ) 8,169
VAT 44,418 -
Other creditors 89,986 113,752
Directors' loan accounts 60,688 99,375
242,572 258,224

8. SECURED DEBTS

The company has a £50,000 overdraft facility which the director, P E Ling, has secured personally.