00712570falseturf producers and suppliers2022-11-012023-10-31http://www.companieshouse.gov.uk/2022-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-10-31http://www.companieshouse.gov.uk/cd:Director12022-11-012023-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-11-012023-10-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-11-012023-10-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-11-012023-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-10-31http://www.companieshouse.gov.uk/2022-11-012023-10-31http://www.companieshouse.gov.uk/2022-10-31http://www.companieshouse.gov.uk/cd:FRS1022022-11-012023-10-31http://www.companieshouse.gov.uk/2023-10-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-11-012023-10-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-11-012023-10-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 00712570

LEONARD'S TURF FARMS LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/10/2023

Prepared By:
LHM ACCOUNTANTS
Incorporated Financial Accountants
20 Westlands Way
Oxted
Surrey
RH8 0ND

LEONARD'S TURF FARMS LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/10/2023
DIRECTORS
M L Law
SECRETARY
S V Quaintance
REGISTERED OFFICE
20 Westlands Way
Oxted
Surrey
RH8 0ND
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 00712570
BANKERS
Barclays Bank Plc
ACCOUNTANTS
LHM ACCOUNTANTS
Incorporated Financial Accountants
20 Westlands Way
Oxted
Surrey
RH8 0ND

LEONARD'S TURF FARMS LIMITED

ACCOUNTS
FOR THEYEARENDED31/10/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

LEONARD'S TURF FARMS LIMITED

BALANCE SHEET AT 31/10/2023
20232022
Notes££
FIXED ASSETS
Tangible assets3-27,731
CURRENT ASSETS
Stock-547
Debtors5-6,429
Cash at bank and in hand3,39834,995
3,39841,971
CREDITORS: Amounts falling due within one year679,52314,898
NET CURRENT (LIABILITIES) / ASSETS(76,125)27,073
TOTAL ASSETS LESS CURRENT LIABILITIES(76,125)54,804
CREDITORS: Amounts falling due after more than one year7-115,000
NET LIABILITIES(76,125)(60,196)
CAPITAL AND RESERVES
Called up share capital8950950
Profit and loss account(77,075)(61,146)
SHAREHOLDERS' FUNDS(76,125)(60,196)
For the year ending 31/10/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 16/05/2024 and signed on their behalf by
.............................
M L Law
Director

LEONARD'S TURF FARMS LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/10/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 2%
Plant and Machineryreducing balance 25%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20232022
No.No.
Average number of employees--

LEONARD'S TURF FARMS LIMITED

3. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryMotor CarsTotal
££££
Cost
At 01/11/202244,667267,12613,899325,692
Disposals(44,667)(267,126)(13,899)(325,692)
At 31/10/2023----
Depreciation
At 01/11/202221,980263,24512,736297,961
Disposals(21,980)(263,245)(12,736)(297,961)
At 31/10/2023----
Net Book Amounts
At 31/10/2023----
At 31/10/202222,6873,8811,16327,731
4. STOCK 20232022
££
Closing Stock-547
-547
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors-5,760
Prepayments-669
-6,429

LEONARD'S TURF FARMS LIMITED

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
VAT-7,030
PAYE control-101
Directors current account78,643-
Directors current account-6,667
Accruals8801,100
79,52314,898
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Directors loan-115,000
-115,000
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
950 Ordinary shares of £1 each950950
950950