Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-3122falsetrue2022-06-01No description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07247101 2022-06-01 2023-05-31 07247101 2021-06-01 2022-05-31 07247101 2023-05-31 07247101 2022-05-31 07247101 c:Director1 2022-06-01 2023-05-31 07247101 c:Director2 2022-06-01 2023-05-31 07247101 d:PlantMachinery 2022-06-01 2023-05-31 07247101 d:PlantMachinery 2023-05-31 07247101 d:PlantMachinery 2022-05-31 07247101 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 07247101 d:MotorVehicles 2022-06-01 2023-05-31 07247101 d:MotorVehicles 2023-05-31 07247101 d:MotorVehicles 2022-05-31 07247101 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 07247101 d:OfficeEquipment 2022-06-01 2023-05-31 07247101 d:OfficeEquipment 2023-05-31 07247101 d:OfficeEquipment 2022-05-31 07247101 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 07247101 d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 07247101 d:Goodwill 2023-05-31 07247101 d:Goodwill 2022-05-31 07247101 d:CurrentFinancialInstruments 2023-05-31 07247101 d:CurrentFinancialInstruments 2022-05-31 07247101 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 07247101 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 07247101 d:ShareCapital 2023-05-31 07247101 d:ShareCapital 2022-05-31 07247101 d:RetainedEarningsAccumulatedLosses 2023-05-31 07247101 d:RetainedEarningsAccumulatedLosses 2022-05-31 07247101 c:FRS102 2022-06-01 2023-05-31 07247101 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 07247101 c:FullAccounts 2022-06-01 2023-05-31 07247101 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 07247101 2 2022-06-01 2023-05-31 07247101 d:Goodwill d:OwnedIntangibleAssets 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure












MARK WHYMAN LANDSCAPES LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
Registered number: 07247101

 
MARK WHYMAN LANDSCAPES LIMITED
REGISTERED NUMBER:07247101

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
7,082
8,082

Tangible assets
 5 
30,509
39,535

  
37,591
47,617

Current assets
  

Stocks
  
500
500

Debtors: amounts falling due within one year
 6 
92,825
74,195

Cash at bank and in hand
  
32,701
58,223

  
126,026
132,918

Creditors: amounts falling due within one year
 7 
(63,058)
(78,513)

Net current assets
  
 
 
62,968
 
 
54,405

Total assets less current liabilities
  
100,559
102,022

Provisions for liabilities
  

Deferred tax
  
(5,797)
(9,236)

Net assets
  
£94,762
£92,786


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
94,662
92,686

  
£94,762
£92,786


Page 1

 
MARK WHYMAN LANDSCAPES LIMITED
REGISTERED NUMBER:07247101

BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question 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 financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 February 2024.



M Whyman
Mrs M Whyman
Director
Director


The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
MARK WHYMAN LANDSCAPES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

Mark Whyman Landscapes Limited is a private company, limited by shares, domiciled in England and Wales, registration number 07247101. The company's registered office is 23 Station Road, Sheringham, Norfolk, NR26 8RF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company under a wide variety of contracts to provide garden and landscaping services, exclusive of Value Added Tax.
Revenue is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for its performance under those contracts. The company raises invoices for work completed on a regular basis and always at the end of each month.
Unbilled revenue, if applicable, is included in debtors, under 'amounts recoverable on contracts'.

 
2.3

Intangible assets

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Statement of Comprehensive Income over its estimated economic life of twenty years.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at rates calculated to write off the cost of fixed assets less their estimated residual value over their expected useful lives.

Depreciation is provided on the following basis:

Plant & equipment
-
25% reducing balance
Motor vehicle
-
25% reducing balance
Office equipment
-
33% straight line

A full years depreciation charge is provided in the year of acquisition and none in the year of disposal.
Gains and losses on disposals are determined by comparing proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

 
2.5

Stocks

Stocks are valued at the lower of cost and net realisable value.

Page 3

 
MARK WHYMAN LANDSCAPES LIMITED
 

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

2.Accounting policies (continued)

 
2.6

Debtors

Debtors are measured at transaction price, less any impairment for bad or doubtful debts.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

 
2.9

Creditors

Creditors are measured at transaction price.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.11

Interest income

Interest income is recognised in the Statement of Comprehensive Income in the year in which it is received.

 
2.12

Pensions

Defined contribution pension plan

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 payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.13

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

Page 4

 
MARK WHYMAN LANDSCAPES LIMITED
 

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

2.Accounting policies (continued)

 
2.14

Current and deferred taxation

The taxation expense for the year comprises current and deferred tax. Taxation is only recognised in the Statement of Comprehensive Income.
The current corporation tax charge is calculated on the basis of taxation rates and laws that have been enacted or substantively enacted by the balance sheet date in the United Kingdom.
The charge for taxation takes into account taxation deferred or accelerated as a result of all material timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax assets are recognised only to the extent that they are regarded as recoverable within the foreseeable future. Deferred tax assets and liabilities are not discounted.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Intangible assets




Goodwill

£



Cost


At 1 June 2022
20,000



At 31 May 2023

20,000



Amortisation


At 1 June 2022
11,918


Charge for the year on owned assets
1,000



At 31 May 2023

12,918



Net book value



At 31 May 2023
£7,082



At 31 May 2022
£8,082



Page 5

 
MARK WHYMAN LANDSCAPES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

5.


Tangible fixed assets





Plant & equipment
Motor  vehicle
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 June 2022
38,289
38,995
5,082
82,366


Additions
603
-
546
1,149



At 31 May 2023

38,892
38,995
5,628
83,515



Depreciation


At 1 June 2022
16,778
22,545
3,508
42,831


Charge for the year on owned assets
5,529
4,113
533
10,175



At 31 May 2023

22,307
26,658
4,041
53,006



Net book value



At 31 May 2023
£16,585
£12,337
£1,587
£30,509



At 31 May 2022
£21,511
£16,450
£1,574
£39,535


6.


Debtors

2023
2022
£
£


Trade debtors
-
27,359

Other debtors
25,938
8,417

Prepayments and accrued income
3,455
3,464

Amounts recoverable on contracts
63,432
34,955

£92,825
£74,195


Included within other debtors due within one year is a loan to Mr & Mrs M Whyman, the directors, amounting to £18,088 (2022 - £nil). The maximum amount outstanding during the year was £81,652. Interest charged to the directors at the prevailing official rate during the period of the loan amounted to £727.

Page 6

 
MARK WHYMAN LANDSCAPES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
36,520
19,432

Corporation tax
13,491
27,907

Other taxation and social security
8,647
14,498

Other creditors
-
12,576

Accruals and deferred income
4,400
4,100

£63,058
£78,513


Page 7