Landscapia Ltd Filleted Accounts Cover
Landscapia Ltd
Company No. 10173974
Information for Filing with The Registrar
31 May 2023
Landscapia Ltd Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 May 2023.
Principal activities
The principal activity of the company during the year under review was landscaping.
Directors
The Directors who served at any time during the year were as follows:
G.E. Lane
M.P. Lane
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
M.P. Lane
Director
08 February 2024
Landscapia Ltd Balance Sheet Registrar
at
31 May 2023
Company No.
10173974
Notes
2023
2022
£
£
Fixed assets
Tangible assets
4
21,76730,747
21,76730,747
Current assets
Stocks
5
2,0002,000
Debtors
6
34,06219,130
Cash at bank and in hand
197,714194,931
233,776216,061
Creditors: Amount falling due within one year
7
(139,881)
(144,985)
Net current assets
93,89571,076
Total assets less current liabilities
115,662101,823
Net assets
115,662101,823
Capital and reserves
Called up share capital
22
Profit and loss account
9
115,660101,821
Total equity
115,662101,823
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 May 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 08 February 2024 and signed on its behalf by:
M.P. Lane
Director
08 February 2024
Landscapia Ltd Notes to the Accounts Registrar
for the year ended 31 May 2023
1
General information
Landscapia Ltd is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 10173974
Its registered office is:
Suite 2, Centre Court
Vine Lane
Halesowen
B63 3EB
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax and other sales taxes. Turnover is reduced for discounts, rebates and other similar allowances.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
25% reducing balance
Motor vehicles
25% reducing balance
Furniture, fittings and equipment
33% on cost
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Leased assets
Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above).

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Defined contribution pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
1210
4
Tangible fixed assets
Plant and machinery
Motor vehicles
Fixtures, fittings and equipment
Total
£
£
£
£
Cost or revaluation
At 1 June 2022
28,06935,19011,43874,697
At 31 May 2023
28,06935,19011,43874,697
Depreciation
At 1 June 2022
14,03422,1107,80643,950
Charge for the year
3,5093,2702,2018,980
At 31 May 2023
17,54325,38010,00752,930
Net book values
At 31 May 2023
10,5269,8101,43121,767
At 31 May 2022
14,035
13,080
3,632
30,747
5
Stocks
2023
2022
£
£
Raw materials and consumables
2,0002,000
2,0002,000
6
Debtors
2023
2022
£
£
Trade debtors
21,4778,963
Other debtors
5,3655,365
Prepayments and accrued income
7,2204,802
34,06219,130
7
Creditors:
amounts falling due within one year
2023
2022
£
£
Trade creditors
56,96552,965
Taxes and social security
47,622
47,330
Loans from directors
22,89316,707
Other creditors
4,2299,214
Accruals and deferred income
8,17218,769
139,881144,985
8
Share Capital
All the share capital represents ordinary shares and has been allotted, called up and fully paid.
9
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
10
Related party disclosures
Transactions with related parties
At the balance sheet date, there was an amount owing to the directors, interest-free, of £22,893 (2022 - £16,707).
Landscapia Ltd1017397431 May 202301 June 2022false08 February 2024BTCSoftware AP Solution 2023 10.4.0410.4.04true101739742022-06-012023-05-31101739742023-05-31101739742022-05-3110173974core:WithinOneYear2023-05-3110173974core:WithinOneYear2022-05-3110173974core:ShareCapital2023-05-3110173974core:ShareCapital2022-05-3110173974core:RetainedEarningsAccumulatedLosses2023-05-3110173974core:RetainedEarningsAccumulatedLosses2022-05-3110173974countries:UnitedKingdom2022-06-012023-05-3110173974bus:RegisteredOffice2022-06-012023-05-3110173974core:PlantMachinery2022-06-012023-05-3110173974core:MotorVehicles2022-06-012023-05-3110173974core:FurnitureFittingsToolsEquipment2022-06-012023-05-31101739742021-06-012022-05-3110173974core:PlantMachinery2022-06-0110173974core:MotorVehicles2022-06-0110173974core:FurnitureFittingsToolsEquipment2022-06-01101739742022-06-0110173974core:PlantMachinery2023-05-3110173974core:MotorVehicles2023-05-3110173974core:FurnitureFittingsToolsEquipment2023-05-3110173974core:RetainedEarningsAccumulatedLosses2022-06-012023-05-3110173974bus:SmallEntities2022-06-012023-05-3110173974bus:FullAccounts2022-06-012023-05-3110173974bus:AuditExempt-NoAccountantsReport2022-06-012023-05-3110173974bus:Director22022-06-012023-05-3110173974bus:PrivateLimitedCompanyLtd2022-06-012023-05-31iso4217:GBPxbrli:pure