IRIS Accounts Production v23.1.0.753 08330169 director 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure083301692022-02-28083301692023-02-28083301692022-03-012023-02-28083301692021-02-28083301692021-03-012022-02-28083301692022-02-2808330169ns15:EnglandWales2022-03-012023-02-2808330169ns14:PoundSterling2022-03-012023-02-2808330169ns10:Director12022-03-012023-02-2808330169ns10:PrivateLimitedCompanyLtd2022-03-012023-02-2808330169ns10:SmallEntities2022-03-012023-02-2808330169ns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2808330169ns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2808330169ns10:SmallCompaniesRegimeForAccounts2022-03-012023-02-2808330169ns10:FullAccounts2022-03-012023-02-2808330169ns10:RegisteredOffice2022-03-012023-02-2808330169ns5:CurrentFinancialInstruments2023-02-2808330169ns5:CurrentFinancialInstruments2022-02-2808330169ns5:Non-currentFinancialInstruments2023-02-2808330169ns5:Non-currentFinancialInstruments2022-02-2808330169ns5:ShareCapital2023-02-2808330169ns5:ShareCapital2022-02-2808330169ns5:RetainedEarningsAccumulatedLosses2023-02-2808330169ns5:RetainedEarningsAccumulatedLosses2022-02-2808330169ns5:LandBuildings2022-02-2808330169ns5:PlantMachinery2022-02-2808330169ns5:LandBuildings2022-03-012023-02-2808330169ns5:PlantMachinery2022-03-012023-02-2808330169ns5:LandBuildings2023-02-2808330169ns5:PlantMachinery2023-02-2808330169ns5:LandBuildings2022-02-2808330169ns5:PlantMachinery2022-02-2808330169ns5:CostValuation2022-02-2808330169ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2808330169ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-28
REGISTERED NUMBER: 08330169 (England and Wales)















Unaudited Financial Statements for the Year Ended 28th February 2023

for

R PRESTON GARDEN DESIGN LIMITED

R PRESTON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 08330169)

Contents of the Financial Statements
for the Year Ended 28th February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R PRESTON GARDEN DESIGN LIMITED

Company Information
for the Year Ended 28th February 2023







DIRECTOR: R I Preston





REGISTERED OFFICE: 2 The Croft
Stirton Lane
Stirton
Skipton
BD23 3LN





REGISTERED NUMBER: 08330169 (England and Wales)





ACCOUNTANTS: David Wootton & Co
Main Street
Wray
Lancaster
LA2 8QA

R PRESTON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 08330169)

Balance Sheet
28th February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,436,587 1,401,418
Investments 5 10,000 10,000
1,446,587 1,411,418

CURRENT ASSETS
Debtors 6 117,207 21,725
Cash at bank 982,511 1,008,852
1,099,718 1,030,577
CREDITORS
Amounts falling due within one year 7 296,524 278,987
NET CURRENT ASSETS 803,194 751,590
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,249,781

2,163,008

CREDITORS
Amounts falling due after more than
one year

8

(361,138

)

(402,295

)

PROVISIONS FOR LIABILITIES (40,793 ) (49,094 )
NET ASSETS 1,847,850 1,711,619

R PRESTON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 08330169)

Balance Sheet - continued
28th February 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,847,750 1,711,519
SHAREHOLDERS' FUNDS 1,847,850 1,711,619

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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.

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 25th November 2023 and were signed by:





R I Preston - Director


R PRESTON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 08330169)

Notes to the Financial Statements
for the Year Ended 28th February 2023


1. STATUTORY INFORMATION

R Preston 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. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 balance sheet date.


R PRESTON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 08330169)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

R PRESTON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 08330169)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st March 2022 916,883 701,277 1,618,160
Additions 75,616 66,213 141,829
At 28th February 2023 992,499 767,490 1,759,989
DEPRECIATION
At 1st March 2022 - 216,742 216,742
Charge for year - 106,660 106,660
At 28th February 2023 - 323,402 323,402
NET BOOK VALUE
At 28th February 2023 992,499 444,088 1,436,587
At 28th February 2022 916,883 484,535 1,401,418

5. FIXED ASSET INVESTMENTS
Other
investmen
£   
COST
At 1st March 2022
and 28th February 2023 10,000
NET BOOK VALUE
At 28th February 2023 10,000
At 28th February 2022 10,000

R PRESTON GARDEN DESIGN LIMITED (REGISTERED NUMBER: 08330169)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 83,743 -
Other debtors 33,464 21,725
117,207 21,725

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 40,681 40,681
Trade creditors 162,123 61,154
Taxation and social security 51,968 143,875
Other creditors 41,752 33,277
296,524 278,987

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 361,138 402,295

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 192,026 233,183

9. ULTIMATE CONTROLLING PARTY

The controlling party is R I Preston.

Richard Preston has controlling interest of the company by virtue of his ownership of 100% of the issued share capital