Boward Tree Surgery Limited 02497015 false 2022-09-01 2023-08-31 2023-08-31 The principal activity of the company is tree surgeons Digita Accounts Production Advanced 6.30.9574.0 true true 02497015 2022-09-01 2023-08-31 02497015 2023-08-31 02497015 bus:OrdinaryShareClass1 2023-08-31 02497015 core:CurrentFinancialInstruments 2023-08-31 02497015 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 02497015 core:Non-currentFinancialInstruments 2023-08-31 02497015 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 02497015 core:FurnitureFittingsToolsEquipment 2023-08-31 02497015 core:MotorVehicles 2023-08-31 02497015 core:OtherPropertyPlantEquipment 2023-08-31 02497015 bus:SmallEntities 2022-09-01 2023-08-31 02497015 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 02497015 bus:FullAccounts 2022-09-01 2023-08-31 02497015 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 02497015 bus:RegisteredOffice 2022-09-01 2023-08-31 02497015 bus:CompanySecretary1 2022-09-01 2023-08-31 02497015 bus:Director1 2022-09-01 2023-08-31 02497015 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 02497015 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 02497015 bus:Agent1 2022-09-01 2023-08-31 02497015 core:FurnitureFittingsToolsEquipment 2022-09-01 2023-08-31 02497015 core:MotorVehicles 2022-09-01 2023-08-31 02497015 core:OfficeEquipment 2022-09-01 2023-08-31 02497015 core:OtherPropertyPlantEquipment 2022-09-01 2023-08-31 02497015 core:PlantMachinery 2022-09-01 2023-08-31 02497015 countries:England 2022-09-01 2023-08-31 02497015 2022-08-31 02497015 core:FurnitureFittingsToolsEquipment 2022-08-31 02497015 core:MotorVehicles 2022-08-31 02497015 core:OtherPropertyPlantEquipment 2022-08-31 02497015 2021-09-01 2022-08-31 02497015 2022-08-31 02497015 bus:OrdinaryShareClass1 2022-08-31 02497015 core:CurrentFinancialInstruments 2022-08-31 02497015 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-31 02497015 core:Non-currentFinancialInstruments 2022-08-31 02497015 core:Non-currentFinancialInstruments core:AfterOneYear 2022-08-31 02497015 core:FurnitureFittingsToolsEquipment 2022-08-31 02497015 core:MotorVehicles 2022-08-31 02497015 core:OtherPropertyPlantEquipment 2022-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02497015

Boward Tree Surgery Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2023

 

Boward Tree Surgery Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 8

 

Boward Tree Surgery Limited

Company Information

Director

Mr Andrew Wilkinson

Company secretary

Mrs Lucyna Wilkinson

Registered office

St Leonards Farm
New Years Green Lane
Harefield
Middlesex
UB9 6LX

Accountants

Mr MG Group (Professional Services) Ltd
Chartered Accountants
166 College Road
Harrow
Middlesex
HA1 1BH

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Boward Tree Surgery Limited
for the Year Ended 31 August 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Boward Tree Surgery Limited for the year ended 31 August 2023 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Boward Tree Surgery Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Boward Tree Surgery Limited and state those matters that we have agreed to state to the Board of Directors of Boward Tree Surgery Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Boward Tree Surgery Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Boward Tree Surgery Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Boward Tree Surgery Limited. You consider that Boward Tree Surgery Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Boward Tree Surgery Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Mr MG Group (Professional Services) Ltd
Chartered Accountants
166 College Road
Harrow
Middlesex
HA1 1BH

11 March 2024

 

Boward Tree Surgery Limited

(Registration number: 02497015)
Balance Sheet as at 31 August 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

30,743

20,122

Current assets

 

Debtors

5

30,979

5,190

Cash at bank and in hand

 

6

-

 

30,985

5,190

Creditors: Amounts falling due within one year

6

(383,144)

(186,284)

Net current liabilities

 

(352,159)

(181,094)

Total assets less current liabilities

 

(321,416)

(160,972)

Creditors: Amounts falling due after more than one year

6

(21,649)

(16,829)

Net liabilities

 

(343,065)

(177,801)

Capital and reserves

 

Called up share capital

8

2

1

Other reserves

2

1

Retained earnings

(343,069)

(177,803)

Shareholders' deficit

 

(343,065)

(177,801)

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 11 March 2024
 

.........................................
Mr Andrew Wilkinson
Director

 

Boward Tree Surgery Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
St Leonards Farm
New Years Green Lane
Harefield
Middlesex
UB9 6LX

These financial statements were authorised for issue by the director on 11 March 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Boward Tree Surgery Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% reducing balance

Office equipment

20% reducing balance

Motor vehicles

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Boward Tree Surgery Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (incl the director) during the year, was 4 (2022 - 4).

4

Tangible assets

Plant and machinery
 £

Office equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 September 2022

239,030

16,916

56,400

312,346

Additions

-

213

-

213

At 31 August 2023

239,030

17,129

56,400

312,559

Depreciation

At 1 September 2022

229,294

16,321

26,278

271,893

Charge for the year

1,947

446

7,530

9,923

At 31 August 2023

231,241

16,767

33,808

281,816

Carrying amount

At 31 August 2023

7,789

362

22,592

30,743

At 31 August 2022

4,869

192

15,061

20,122

5

Debtors

Current

2023
£

2022
£

Trade debtors

30,979

5,190

 

30,979

5,190

 

Boward Tree Surgery Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

7

12,068

7,639

Trade creditors

 

7,522

2,545

Taxation and social security

 

31,059

8,289

Other creditors

 

332,495

167,811

 

383,144

186,284

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

7

21,649

16,829

7

Loans and borrowings

2023
£

2022
£

Non-current loans and borrowings

Bank borrowings

21,649

16,829

2023
£

2022
£

Current loans and borrowings

Bank borrowings

12,068

5,885

Bank overdrafts

-

1,754

12,068

7,639

8

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1

         
 

Boward Tree Surgery Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

9

Related party transactions

During the year the company made the following related party transactions:

Directors

The company repaid loans amounting to £1,872 to the director during the year and no interest was charged on these loans.

At the balance sheet date, the amount due the director was £164,502 (2022 - £166,374).