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REGISTERED NUMBER: 04259132 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Lampeter Tree Services Ltd

Lampeter Tree Services Ltd (Registered number: 04259132)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lampeter Tree Services Ltd

Company Information
for the Year Ended 30 September 2023







DIRECTORS: G I D Williams
T M Williams
E I Williams





SECRETARY: E I Williams





REGISTERED OFFICE: Cae Celyn
Llanfair Road
LAMPETER
Ceredigion
SA48 8JX





REGISTERED NUMBER: 04259132 (England and Wales)





ACCOUNTANTS: Ashmole & Co
Manchester House
Grosvenor Hill
Cardigan
Ceredigion
SA43 1HY

Lampeter Tree Services Ltd (Registered number: 04259132)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,428,541 1,264,704
1,428,541 1,264,704

CURRENT ASSETS
Debtors 6 123,152 115,566
Investments 7 84,000 36,000
Cash at bank 66,673 229,904
273,825 381,470
CREDITORS
Amounts falling due within one year 8 527,478 619,107
NET CURRENT LIABILITIES (253,653 ) (237,637 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,174,888

1,027,067

CREDITORS
Amounts falling due after more than one
year

9

(28,158

)

(4,158

)

PROVISIONS FOR LIABILITIES (208,911 ) (180,738 )
NET ASSETS 937,819 842,171

CAPITAL AND RESERVES
Called up share capital 30 30
Retained earnings 937,789 842,141
SHAREHOLDERS' FUNDS 937,819 842,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Lampeter Tree Services Ltd (Registered number: 04259132)

Balance Sheet - continued
30 September 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 29 February 2024 and were signed on its behalf by:




G I D Williams - Director T M Williams - Director




E I Williams - Director


Lampeter Tree Services Ltd (Registered number: 04259132)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Lampeter Tree Services Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 25% on cost and 10% 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.

Hire purchase and leasing commitments
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.

Lampeter Tree Services Ltd (Registered number: 04259132)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2022 - 34 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 60,000
AMORTISATION
At 1 October 2022
and 30 September 2023 60,000
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2022 273,393 1,195,521 15,821
Additions - 91,450 -
Disposals - (66,962 ) -
At 30 September 2023 273,393 1,220,009 15,821
DEPRECIATION
At 1 October 2022 - 380,722 -
Charge for year - 86,685 -
Eliminated on disposal - (27,559 ) -
At 30 September 2023 - 439,848 -
NET BOOK VALUE
At 30 September 2023 273,393 780,161 15,821
At 30 September 2022 273,393 814,799 15,821

Lampeter Tree Services Ltd (Registered number: 04259132)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2022 740,093 50,480 2,275,308
Additions 261,778 5,889 359,117
Disposals (95,309 ) - (162,271 )
At 30 September 2023 906,562 56,369 2,472,154
DEPRECIATION
At 1 October 2022 583,012 46,870 1,010,604
Charge for year 43,086 3,108 132,879
Eliminated on disposal (72,311 ) - (99,870 )
At 30 September 2023 553,787 49,978 1,043,613
NET BOOK VALUE
At 30 September 2023 352,775 6,391 1,428,541
At 30 September 2022 157,081 3,610 1,264,704

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 123,152 114,733
Other debtors - 833
123,152 115,566

7. CURRENT ASSET INVESTMENTS
30.9.23 30.9.22
£    £   
St. James's Place investment 84,000 36,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Hire purchase contracts 228,730 246,497
Trade creditors 51,958 46,137
Taxation and social security 62,329 88,138
Other creditors 184,461 238,335
527,478 619,107

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 28,158 4,158