Company Registration No. 11316319 (England and Wales)
Trax Landscaping Limited
Unaudited accounts
for the year ended 30 June 2023
Trax Landscaping Limited
Unaudited accounts
Contents
Trax Landscaping Limited
Company Information
for the year ended 30 June 2023
Company Number
11316319 (England and Wales)
Registered Office
2-3 Stable Court
Herriard Park
Herriard
Hampshire
RG25 2PL
Accountants
Black & White Chartered Certified Accountants
2-3 Stable Court
Herriard Park
Herriard
Hampshire
RG25 2PL
Trax Landscaping Limited
Statement of financial position
as at 30 June 2023
Tangible assets
1,694
3,623
Cash at bank and in hand
36,648
42,736
Creditors: amounts falling due within one year
(6,500)
(44,737)
Net current assets
32,782
4,210
Total assets less current liabilities
34,476
7,833
Creditors: amounts falling due after more than one year
(24,664)
-
Called up share capital
1
1
Profit and loss account
9,811
7,832
Shareholders' funds
9,812
7,833
For the year ending 30 June 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 January 2024 and were signed on its behalf by
Debra Goodwin
Director
Company Registration No. 11316319
Trax Landscaping Limited
Notes to the Accounts
for the year ended 30 June 2023
Trax Landscaping Limited is a private company, limited by shares, registered in England and Wales, registration number 11316319. The registered office is 2-3 Stable Court, Herriard Park, Herriard, Hampshire, RG25 2PL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Trax Landscaping Limited
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
4,464
435
4,899
Disposals
(4,923)
-
(4,923)
At 30 June 2023
1,764
435
2,199
At 1 July 2022
1,132
144
1,276
Charge for the year
265
96
361
On disposals
(1,132)
-
(1,132)
At 30 June 2023
265
240
505
At 30 June 2023
1,499
195
1,694
At 30 June 2022
3,332
291
3,623
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,168
32,110
Taxes and social security
-
9,702
Loans from directors
(2,226)
49
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).