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REGISTERED NUMBER: 10920858 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

Mark Payne Garden Maintenance Limited

Mark Payne Garden Maintenance Limited (Registered number: 10920858)

Contents of the Financial Statements
for the Year Ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mark Payne Garden Maintenance Limited

Company Information
for the Year Ended 31st March 2024







DIRECTORS: Mrs T R Ford
Ms E Bowers





REGISTERED OFFICE: The Granary
Brewer Street
Bletchingley
Surrey
RH1 4QP





REGISTERED NUMBER: 10920858 (England and Wales)






Mark Payne Garden Maintenance Limited (Registered number: 10920858)

Balance Sheet
31st March 2024

31/3/24 31/3/23
Notes £    £   
CURRENT ASSETS
Stocks 26,000 11,498
Debtors 3 26,825 16,707
Cash at bank - 8,736
52,825 36,941
CREDITORS
Amounts falling due within one year 4 44,851 26,030
NET CURRENT ASSETS 7,974 10,911
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,974

10,911

CREDITORS
Amounts falling due after more than
one year

5

7,189

10,508
NET ASSETS 785 403

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 685 303
785 403

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

Mark Payne Garden Maintenance Limited (Registered number: 10920858)

Balance Sheet - continued
31st March 2024


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 5th August 2024 and were signed on its behalf by:





Ms E Bowers - Director


Mark Payne Garden Maintenance Limited (Registered number: 10920858)

Notes to the Financial Statements
for the Year Ended 31st March 2024


1. 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 3 ) .

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 10,220 3,240
Other debtors 7,967 7,967
Directors' current accounts 8,638 5,500
26,825 16,707

Mark Payne Garden Maintenance Limited (Registered number: 10920858)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024


4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Bank loans and overdrafts 9,420 3,318
Trade creditors 980 -
Amounts owed to group undertakings 8,574 -
Tax (236 ) (144 )
Social security and other taxes 11,747 20,738
VAT 11,129 -
Other creditors 1,821 702
Accrued expenses 1,416 1,416
44,851 26,030

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£    £   
Bank loans - 1-2 years 3,318 3,318
Bank loans - 2-5 years 3,871 7,190
7,189 10,508