MAGNOLIA LANDSCAPES LTD

Company Registration Number:
13922922 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

MAGNOLIA LANDSCAPES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

MAGNOLIA LANDSCAPES LTD

Company Information

for the Period Ended 31 March 2023




Director: ADAM IMRE TOTH
Registered office: 171
Kingston Road
Teddington
England
TW11 9JP
Company Registration Number: 13922922 (England and Wales)

MAGNOLIA LANDSCAPES LTD

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

The company's principal activity during the period was sale of landscaping and related services.

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
ADAM IMRE TOTH

This report was approved by the board of directors on 1 February 2024
And Signed On Behalf Of The Board By:

Name: ADAM IMRE TOTH
Status: Director

MAGNOLIA LANDSCAPES LTD

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£
1 month to
31 Mar 2022
£
Turnover 181,447 16,385
Cost of sales ( 119,015 ) ( 11,775 )
Gross Profit or (Loss) 62,432 4,610
Administrative Expenses ( 53,792 ) ( 988 )
Operating Profit or (Loss) 8,640 3,622
Profit or (Loss) Before Tax 8,640 3,622
Tax on Profit ( 1,642 ) ( 688 )
Profit or (Loss) for Period 6,998 2,934

The notes form part of these financial statements

MAGNOLIA LANDSCAPES LTD

Balance sheet

As at 31 March 2023


Notes

2023
£
1 month to
31 Mar 2022
£
Fixed assets
Tangible assets: 5 17,990
Total fixed assets: 17,990
Current assets
Debtors: 6 1,497
Cash at bank and in hand: 6,633 4,590
Total current assets: 8,130 4,590
Creditors: amounts falling due within one year: 7 ( 5,825 ) ( 4,490 )
Net current assets (liabilities): 2,305 100
Total assets less current liabilities: 20,295 100
Creditors: amounts falling due after more than one year: 8 ( 20,195 )
Total net assets (liabilities): 100 100

The notes form part of these financial statements

MAGNOLIA LANDSCAPES LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£
1 month to
31 Mar 2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 0 0
Shareholders funds: 100 100

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 February 2024
And Signed On Behalf Of The Board By:

Name: ADAM IMRE TOTH
Status: Director

The notes form part of these financial statements

MAGNOLIA LANDSCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is representing the company income which is come from sale of landscaping and related services.

MAGNOLIA LANDSCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023
    1 month to
    31 Mar 2022
    Average number of employees during the period 3 0

MAGNOLIA LANDSCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

MAGNOLIA LANDSCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Dividends


2023
£
1 month to
31 Mar 2022
£
Dividends paid 6,998 2,934

MAGNOLIA LANDSCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 April 2022 0 0
Additions 17,990 17,990
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2023 17,990 17,990
Depreciation
At 01 April 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 March 2023 - -
Net book value
At 31 March 2023 17,990 17,990
At 31 March 2022 0 0

MAGNOLIA LANDSCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Debtors


2023
£
1 month to
31 Mar 2022
£
Trade debtors 457
Prepayments and accrued income 1,040
Total 1,497

MAGNOLIA LANDSCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.Creditors: amounts falling due within one year note


2023
£
1 month to
31 Mar 2022
£
Taxation and social security 5,825 688
Other creditors 3,802
Total 5,825 4,490

MAGNOLIA LANDSCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

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


2023
£
1 month to
31 Mar 2022
£
Amounts due under finance leases and hire purchase contracts 20,195
Total 20,195