Silverfin false 31/03/2023 01/04/2022 31/03/2023 J P Barton 01/04/2011 J R Barton 01/01/2013 15 November 2023 The principal activity of the company during the financial year was that of landscape and arboricultural consultancy, invasive weed control and root barrier sales and installation. 03049561 2023-03-31 03049561 bus:Director1 2023-03-31 03049561 bus:Director2 2023-03-31 03049561 2022-03-31 03049561 core:CurrentFinancialInstruments 2023-03-31 03049561 core:CurrentFinancialInstruments 2022-03-31 03049561 core:Non-currentFinancialInstruments 2023-03-31 03049561 core:Non-currentFinancialInstruments 2022-03-31 03049561 core:ShareCapital 2023-03-31 03049561 core:ShareCapital 2022-03-31 03049561 core:RetainedEarningsAccumulatedLosses 2023-03-31 03049561 core:RetainedEarningsAccumulatedLosses 2022-03-31 03049561 core:LandBuildings 2022-03-31 03049561 core:PlantMachinery 2022-03-31 03049561 core:Vehicles 2022-03-31 03049561 core:OfficeEquipment 2022-03-31 03049561 core:LandBuildings 2023-03-31 03049561 core:PlantMachinery 2023-03-31 03049561 core:Vehicles 2023-03-31 03049561 core:OfficeEquipment 2023-03-31 03049561 core:CurrentFinancialInstruments core:Secured 2023-03-31 03049561 core:Non-currentFinancialInstruments core:Secured 2023-03-31 03049561 core:MoreThanFiveYears 2023-03-31 03049561 core:MoreThanFiveYears 2022-03-31 03049561 2022-04-01 2023-03-31 03049561 bus:FullAccounts 2022-04-01 2023-03-31 03049561 bus:SmallEntities 2022-04-01 2023-03-31 03049561 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 03049561 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03049561 bus:Director1 2022-04-01 2023-03-31 03049561 bus:Director2 2022-04-01 2023-03-31 03049561 core:PlantMachinery 2022-04-01 2023-03-31 03049561 core:Vehicles 2022-04-01 2023-03-31 03049561 core:OfficeEquipment 2022-04-01 2023-03-31 03049561 2021-04-01 2022-03-31 03049561 core:LandBuildings 2022-04-01 2023-03-31 03049561 core:Non-currentFinancialInstruments 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Company No: 03049561 (England and Wales)

PBA SOLUTIONS (LANDSCAPE) LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

PBA SOLUTIONS (LANDSCAPE) LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

PBA SOLUTIONS (LANDSCAPE) LIMITED

BALANCE SHEET

As at 31 March 2023
PBA SOLUTIONS (LANDSCAPE) LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 348,439 354,254
348,439 354,254
Current assets
Stocks 4 13,356 2,742
Debtors 5 83,464 152,513
Cash at bank and in hand 132,758 134,912
229,578 290,167
Creditors: amounts falling due within one year 6 ( 118,908) ( 158,215)
Net current assets 110,670 131,952
Total assets less current liabilities 459,109 486,206
Creditors: amounts falling due after more than one year 7 ( 238,967) ( 260,584)
Net assets 220,142 225,622
Capital and reserves
Called-up share capital 532 532
Profit and loss account 219,610 225,090
Total shareholders' funds 220,142 225,622

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.

Directors' responsibilities:

The financial statements of PBA Solutions (Landscape) Limited (registered number: 03049561) were approved and authorised for issue by the Board of Directors on 15 November 2023. They were signed on its behalf by:

J P Barton
Director
PBA SOLUTIONS (LANDSCAPE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
PBA SOLUTIONS (LANDSCAPE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

PBA Solutions (Landscape) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Bryn Gardens, Rake Road, Liss, GU33 7HB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Land and buildings not depreciated
Plant and machinery 25 % reducing balance
Vehicles 25 % reducing balance
Office equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 5 5

3. Tangible assets

Land and buildings Plant and machinery Vehicles Office equipment Total
£ £ £ £ £
Cost
At 01 April 2022 302,420 21,336 63,430 10,480 397,666
Additions 0 1,460 0 5,803 7,263
At 31 March 2023 302,420 22,796 63,430 16,283 404,929
Accumulated depreciation
At 01 April 2022 0 16,804 20,601 6,007 43,412
Charge for the financial year 0 1,172 10,707 1,199 13,078
At 31 March 2023 0 17,976 31,308 7,206 56,490
Net book value
At 31 March 2023 302,420 4,820 32,122 9,077 348,439
At 31 March 2022 302,420 4,532 42,829 4,473 354,254

4. Stocks

2023 2022
£ £
Stocks 13,356 2,742

5. Debtors

2023 2022
£ £
Trade debtors 80,538 74,456
Other debtors 2,926 78,057
83,464 152,513

6. Creditors: amounts falling due within one year

2023 2022
£ £
Bank loans (secured £ 7,560) 17,408 15,588
Trade creditors 54,043 80,778
Taxation and social security 29,667 44,547
Obligations under finance leases and hire purchase contracts (secured) 5,523 5,249
Other creditors 12,267 12,053
118,908 158,215

7. Creditors: amounts falling due after more than one year

2023 2022
£ £
Bank loans (secured £ 198,780) 222,125 238,220
Obligations under finance leases and hire purchase contracts (secured) 16,842 22,364
238,967 260,584

The bank loan is secured by a fixed and floating charge over the freehold property. Hire purchase contracts are secured on the assets to which they relate.

Amounts repayable after more than 5 years are included in creditors falling due over one year:

2023 2022
£ £
Bank loans (secured / repayable by instalments) 158,542 177,288

8. Related party transactions

Transactions with the entity's directors

2023 2022
£ £
Advanced to directors 0 48,464

Interest of £nil (2022: £130) was charged on amounts advanced to directors at the HMRC official rate of 2%.