IRIS Accounts Production v24.1.0.574 04073369 director 1.10.22 30.9.23 30.9.23 false true false false true false Ordinary 2.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh040733692022-09-30040733692023-09-30040733692022-10-012023-09-30040733692021-09-30040733692021-10-012022-09-30040733692022-09-3004073369ns15:EnglandWales2022-10-012023-09-3004073369ns14:PoundSterling2022-10-012023-09-3004073369ns10:Director12022-10-012023-09-3004073369ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3004073369ns10:SmallEntities2022-10-012023-09-3004073369ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3004073369ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3004073369ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3004073369ns10:FullAccounts2022-10-012023-09-3004073369ns10:OrdinaryShareClass12022-10-012023-09-3004073369ns10:RegisteredOffice2022-10-012023-09-3004073369ns5:CurrentFinancialInstruments2023-09-3004073369ns5:CurrentFinancialInstruments2022-09-3004073369ns5:Non-currentFinancialInstruments2023-09-3004073369ns5:Non-currentFinancialInstruments2022-09-3004073369ns5:ShareCapital2023-09-3004073369ns5:ShareCapital2022-09-3004073369ns5:RetainedEarningsAccumulatedLosses2023-09-3004073369ns5:RetainedEarningsAccumulatedLosses2022-09-3004073369ns5:PlantMachinery2022-10-012023-09-3004073369ns5:FurnitureFittings2022-10-012023-09-3004073369ns5:MotorVehicles2022-10-012023-09-3004073369ns5:ComputerEquipment2022-10-012023-09-3004073369ns5:LandBuildings2022-09-3004073369ns5:LeaseholdImprovements2022-09-3004073369ns5:PlantMachinery2022-09-3004073369ns5:LandBuildings2022-10-012023-09-3004073369ns5:LeaseholdImprovements2022-10-012023-09-3004073369ns5:LandBuildings2023-09-3004073369ns5:LeaseholdImprovements2023-09-3004073369ns5:PlantMachinery2023-09-3004073369ns5:LandBuildings2022-09-3004073369ns5:LeaseholdImprovements2022-09-3004073369ns5:PlantMachinery2022-09-3004073369ns5:FurnitureFittings2022-09-3004073369ns5:MotorVehicles2022-09-3004073369ns5:ComputerEquipment2022-09-3004073369ns5:FurnitureFittings2023-09-3004073369ns5:MotorVehicles2023-09-3004073369ns5:ComputerEquipment2023-09-3004073369ns5:FurnitureFittings2022-09-3004073369ns5:MotorVehicles2022-09-3004073369ns5:ComputerEquipment2022-09-3004073369ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3004073369ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3004073369ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-09-3004073369ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-09-3004073369ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-09-3004073369ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-09-3004073369ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3004073369ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3004073369ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-09-3004073369ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2022-09-3004073369ns5:HirePurchaseContracts2023-09-3004073369ns5:HirePurchaseContracts2022-09-3004073369ns5:WithinOneYear2023-09-3004073369ns5:WithinOneYear2022-09-3004073369ns5:DeferredTaxation2022-09-3004073369ns5:DeferredTaxation2022-10-012023-09-3004073369ns5:DeferredTaxation2023-09-3004073369ns10:OrdinaryShareClass12023-09-30
REGISTERED NUMBER: 04073369 (England and Wales)















Weedwise Limited

Unaudited Financial Statements

for the Year Ended 30th September 2023






Weedwise Limited (Registered number: 04073369)






Contents of the Financial Statements
for the year ended 30th September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 6


Weedwise Limited

Company Information
for the year ended 30th September 2023







DIRECTOR: W K Pinnock





REGISTERED OFFICE: Unit 1 Hazelbrook
Denton Road
Horton
Northamptonshire
NN7 2BE





REGISTERED NUMBER: 04073369 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

Weedwise Limited (Registered number: 04073369)

Balance Sheet
30th September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 294,830 265,072

CURRENT ASSETS
Debtors 6 196,088 69,934
Cash at bank 81,018 183,742
277,106 253,676
CREDITORS
Amounts falling due within one year 7 257,034 221,957
NET CURRENT ASSETS 20,072 31,719
TOTAL ASSETS LESS CURRENT
LIABILITIES

314,902

296,791

CREDITORS
Amounts falling due after more than one
year

8

(44,629

)

(60,083

)

PROVISIONS FOR LIABILITIES 11 (32,400 ) (23,900 )
NET ASSETS 237,873 212,808

CAPITAL AND RESERVES
Called up share capital 12 2 2
Retained earnings 237,871 212,806
SHAREHOLDERS' FUNDS 237,873 212,808

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21st March 2024 and were signed by:





W K Pinnock - Director


Weedwise Limited (Registered number: 04073369)

Notes to the Financial Statements
for the year ended 30th September 2023

1. STATUTORY INFORMATION

Weedwise 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company was landscape gardening.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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

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.
Plant and machinery - 12.5% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 25% on cost
Computer equipment - 50% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Weedwise Limited (Registered number: 04073369)

Notes to the Financial Statements - continued
for the year ended 30th September 2023

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1st October 2022 100,000 40,712 268,420
Additions - - (10,128 )
Disposals - - -
At 30th September 2023 100,000 40,712 258,292
DEPRECIATION
At 1st October 2022 - 8,142 191,729
Charge for year - 4,071 14,791
Eliminated on disposal - - -
At 30th September 2023 - 12,213 206,520
NET BOOK VALUE
At 30th September 2023 100,000 28,499 51,772
At 30th September 2022 100,000 32,570 76,691

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st October 2022 5,001 104,350 15,299 533,782
Additions - 95,770 886 86,528
Disposals - (4,744 ) - (4,744 )
At 30th September 2023 5,001 195,376 16,185 615,566
DEPRECIATION
At 1st October 2022 3,783 49,758 15,298 268,710
Charge for year 374 35,091 443 54,770
Eliminated on disposal - (2,744 ) - (2,744 )
At 30th September 2023 4,157 82,105 15,741 320,736
NET BOOK VALUE
At 30th September 2023 844 113,271 444 294,830
At 30th September 2022 1,218 54,592 1 265,072

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 155,467 39,314
Other debtors 40,621 30,620
196,088 69,934

Weedwise Limited (Registered number: 04073369)

Notes to the Financial Statements - continued
for the year ended 30th September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 9) 9,994 9,936
Hire purchase contracts (see note 10) 7,534 7,480
Trade creditors 12,684 13,593
Taxation and social security 19,320 17,753
Other creditors 207,502 173,195
257,034 221,957

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans (see note 9) 21,536 31,340
Hire purchase contracts (see note 10) 23,093 28,743
44,629 60,083

9. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 9,994 9,936

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,247 10,187

Amounts falling due between two and five years:
Bank loans - 2-5 years 11,289 21,153

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Net obligations repayable:
Within one year 7,534 7,480
Between one and five years 23,093 28,743
30,627 36,223

Non-cancellable operating leases
2023 2022
£    £   
Within one year - 1,794

11. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 32,400 23,900

Weedwise Limited (Registered number: 04073369)

Notes to the Financial Statements - continued
for the year ended 30th September 2023

11. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st October 2022 23,900
Provided during year 8,500
Balance at 30th September 2023 32,400

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £2 2 2

13. CONTINGENT LIABILITIES

There were no contingent liabilities as at 30th September 2023 or 30th September 2022.

14. CAPITAL COMMITMENTS

There were no capital commitments as at 30th September 2023 or 30th September 2022.