Company Registration No. 07793561 (England and Wales)
Verdis Horticultural Ltd
Unaudited accounts
for the year ended 30 September 2023
Verdis Horticultural Ltd
Unaudited accounts
Contents
Verdis Horticultural Ltd
Company Information
for the year ended 30 September 2023
Directors
Joanne Gregory
Adam Gregory
Company Number
07793561 (England and Wales)
Registered Office
PALMERS CROSS HOUSE PALMERS CROSS
BRAMLEY
GUILDFORD
SURREY
GU5 0LL
Verdis Horticultural Ltd
Statement of financial position
as at 30 September 2023
Tangible assets
10,249
9,695
Cash at bank and in hand
(2,345)
(12,003)
Creditors: amounts falling due within one year
5,047
(11,738)
Net current assets/(liabilities)
14,766
(8,927)
Total assets less current liabilities
25,015
768
Creditors: amounts falling due after more than one year
(21,391)
(20,982)
Net assets/(liabilities)
3,624
(20,214)
Called up share capital
100
100
Profit and loss account
3,524
(20,314)
Shareholders' funds
3,624
(20,214)
For the year ending 30 September 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 7 February 2024 and were signed on its behalf by
Joanne Gregory
Director
Company Registration No. 07793561
Verdis Horticultural Ltd
Notes to the Accounts
for the year ended 30 September 2023
Verdis Horticultural Ltd is a private company, limited by shares, registered in England and Wales, registration number 07793561. The registered office is PALMERS CROSS HOUSE PALMERS CROSS, BRAMLEY, GUILDFORD, SURREY, GU5 0LL.
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.
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
18% Reducing Balance
Motor vehicles
18% Reducing Balance
Fixtures & fittings
18% Reducing Balance
Computer equipment
18% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At valuation
At 1 October 2022
18,506
10,100
3,725
32,331
Additions
1,462
-
2,360
3,822
Disposals
(3,390)
-
(720)
(4,110)
At 30 September 2023
16,578
10,100
5,505
32,183
At 1 October 2022
12,287
8,407
1,942
22,636
Charge for the year
1,019
305
767
2,091
On disposals
(2,353)
-
(440)
(2,793)
At 30 September 2023
10,953
8,712
2,269
21,934
At 30 September 2023
5,625
1,388
3,236
10,249
At 30 September 2022
6,219
1,693
1,783
9,695
Verdis Horticultural Ltd
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
11,777
14,523
Accrued income and prepayments
306
306
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,221
4,951
Other creditors
5,132
8,113
Loans from directors
(20,638)
(7,250)
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
15,938
20,982
Taxes and social security
5,453
-
8
Transactions with related parties
The Financial Statements include loans to directors of £20,638 which were cleared by a dividend in December 2023.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).