IRIS Accounts Production v24.1.9.2 SC581089 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5810892022-10-31SC5810892023-10-31SC5810892022-11-012023-10-31SC5810892021-10-31SC5810892021-11-012022-10-31SC5810892022-10-31SC581089ns15:Scotland2022-11-012023-10-31SC581089ns14:PoundSterling2022-11-012023-10-31SC581089ns10:Director12022-11-012023-10-31SC581089ns10:PrivateLimitedCompanyLtd2022-11-012023-10-31SC581089ns10:SmallEntities2022-11-012023-10-31SC581089ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-31SC581089ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-31SC581089ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-31SC581089ns10:AbridgedAccounts2022-11-012023-10-31SC581089ns5:CurrentFinancialInstruments2023-10-31SC581089ns5:CurrentFinancialInstruments2022-10-31SC581089ns5:Non-currentFinancialInstruments2023-10-31SC581089ns5:Non-currentFinancialInstruments2022-10-31SC581089ns5:ShareCapital2023-10-31SC581089ns5:ShareCapital2022-10-31SC581089ns5:RetainedEarningsAccumulatedLosses2023-10-31SC581089ns5:RetainedEarningsAccumulatedLosses2022-10-31SC581089ns10:RegisteredOffice2022-11-012023-10-31SC581089ns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-11-012023-10-31SC581089ns5:PlantMachinery2022-11-012023-10-31SC581089ns5:MotorVehicles2022-11-012023-10-31
REGISTERED NUMBER: SC581089 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

ALLGRASS (SCOTLAND) LTD

ALLGRASS (SCOTLAND) LTD (REGISTERED NUMBER: SC581089)






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




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


ALLGRASS (SCOTLAND) LTD (REGISTERED NUMBER: SC581089)

ABRIDGED BALANCE SHEET
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,072,721 751,504

CURRENT ASSETS
Debtors 472,524 476,890
Cash at bank and in hand 326,106 285,949
798,630 762,839
CREDITORS
Amounts falling due within one year 666,191 484,022
NET CURRENT ASSETS 132,439 278,817
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,205,160

1,030,321

CREDITORS
Amounts falling due after more than one
year

(263,742

)

(184,280

)

PROVISIONS FOR LIABILITIES (211,060 ) (117,039 )
NET ASSETS 730,358 729,002

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 730,356 729,000
730,358 729,002

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

ALLGRASS (SCOTLAND) LTD (REGISTERED NUMBER: SC581089)

ABRIDGED BALANCE SHEET - continued
31 October 2023



The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:





T F G Sweeney - Director


ALLGRASS (SCOTLAND) LTD (REGISTERED NUMBER: SC581089)

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

1. STATUTORY INFORMATION

Allgrass (Scotland) Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC581089

Registered office: Portcullis Estate
Milton Of Campsie
Glasgow
G66 8AQ

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 and revenue recognition
Turnover represents net invoiced sales of grass maintenance services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

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

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.

ALLGRASS (SCOTLAND) LTD (REGISTERED NUMBER: SC581089)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2022 - 15 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2022 1,110,431
Additions 616,868
At 31 October 2023 1,727,299
DEPRECIATION
At 1 November 2022 358,927
Charge for year 295,651
At 31 October 2023 654,578
NET BOOK VALUE
At 31 October 2023 1,072,721
At 31 October 2022 751,504

The net book value of assets held under finance lease at year end is £970,815 (2022: £753,692). Depreciation of £155,667 (2022: £133,883) was charged on these assets during the year.

5. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £559 (2022: £902) were due to the fund. They are included in other creditors.