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REGISTERED NUMBER: 11650473 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2023

FOR

TREES N GARDENS LIMITED

TREES N GARDENS LIMITED (REGISTERED NUMBER: 11650473)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TREES N GARDENS LIMITED

COMPANY INFORMATION
for the Year Ended 31st October 2023







DIRECTORS: Mrs M L Denham-Bailey
Mr A J A Bailey





REGISTERED OFFICE: 4 Clews Road
Redditch
Worcestershire
B98 7ST





REGISTERED NUMBER: 11650473 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

TREES N GARDENS LIMITED (REGISTERED NUMBER: 11650473)

BALANCE SHEET
31st October 2023

31/10/23 31/10/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,320 22,992

CURRENT ASSETS
Debtors 5 3,237 4,619
Cash at bank 22,616 32,450
25,853 37,069
CREDITORS
Amounts falling due within one year 6 25,048 31,500
NET CURRENT ASSETS 805 5,569
TOTAL ASSETS LESS CURRENT LIABILITIES 42,125 28,561

CREDITORS
Amounts falling due after more than one
year

7

(22,744

)

(11,247

)

PROVISIONS FOR LIABILITIES 9 (6,120 ) (4,293 )
NET ASSETS 13,261 13,021

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 13,259 13,019
SHAREHOLDERS' FUNDS 13,261 13,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TREES N GARDENS LIMITED (REGISTERED NUMBER: 11650473)

BALANCE SHEET - continued
31st October 2023


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th March 2024 and were signed on its behalf by:





Mrs M L Denham-Bailey - Director


TREES N GARDENS LIMITED (REGISTERED NUMBER: 11650473)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2023


1. STATUTORY INFORMATION

Trees N Gardens Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance and at varying rates on reducing balance
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

TREES N GARDENS LIMITED (REGISTERED NUMBER: 11650473)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st November 2022 40,455 1,194 12,000 53,649
Additions 17,164 - 15,000 32,164
At 31st October 2023 57,619 1,194 27,000 85,813
DEPRECIATION
At 1st November 2022 24,238 594 5,825 30,657
Charge for year 8,344 199 5,293 13,836
At 31st October 2023 32,582 793 11,118 44,493
NET BOOK VALUE
At 31st October 2023 25,037 401 15,882 41,320
At 31st October 2022 16,217 600 6,175 22,992

TREES N GARDENS LIMITED (REGISTERED NUMBER: 11650473)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st November 2022 12,000 - 12,000
Additions 16,723 15,000 31,723
At 31st October 2023 28,723 15,000 43,723
DEPRECIATION
At 1st November 2022 8,204 - 8,204
Charge for year 5,129 3,750 8,879
At 31st October 2023 13,333 3,750 17,083
NET BOOK VALUE
At 31st October 2023 15,390 11,250 26,640
At 31st October 2022 3,796 - 3,796

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Trade debtors 3,237 4,619

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Bank loans and overdrafts (see note 8) 1,500 1,500
Hire purchase contracts 7,650 2,154
Taxation and social security 9,391 16,900
Other creditors 6,507 10,946
25,048 31,500

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/10/23 31/10/22
£    £   
Bank loans (see note 8) 9,095 10,888
Hire purchase contracts 13,649 359
22,744 11,247

TREES N GARDENS LIMITED (REGISTERED NUMBER: 11650473)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31/10/23 31/10/22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,095 4,888

8. LOANS

An analysis of the maturity of loans is given below:

31/10/23 31/10/22
£    £   
Amounts falling due within one year or on demand:
Bank loans 1,500 1,500

Amounts falling due between one and two years:
Bank loans - 1-2 years 1,500 1,500

Amounts falling due between two and five years:
Bank loans - 2-5 years 4,500 4,500

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,095 4,888

9. PROVISIONS FOR LIABILITIES
31/10/23 31/10/22
£    £   
Deferred tax
Accelerated capital allowances 6,120 4,293

Deferred
tax
£   
Balance at 1st November 2022 4,293
Provided during year 1,827
Balance at 31st October 2023 6,120

TREES N GARDENS LIMITED (REGISTERED NUMBER: 11650473)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2023


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/10/23 31/10/22
value: £    £   
2 Ordinary 1 2 2