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REGISTERED NUMBER: 10026252 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

R A Elliott Tree Services Ltd

R A Elliott Tree Services Ltd (Registered number: 10026252)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R A Elliott Tree Services Ltd

Company Information
for the Year Ended 29 February 2024







Directors: Mr R A Elliott
Mrs B D Elliott





Registered office: Bryn Carregog
Llanddewi Brefi
Tregaron
Ceredigion
SY25 6PG





Registered number: 10026252 (England and Wales)





Accountants: Stephenson Smart (East Anglia) Limited
Queens Head House
The Street
Acle
Norwich
Norfolk
NR13 3DY

R A Elliott Tree Services Ltd (Registered number: 10026252)

Balance Sheet
29 February 2024

2024 2023
Notes £ £
Fixed assets
Tangible assets 5 279,223 285,452

Current assets
Cash at bank 11,759 26,947

Creditors
Amounts falling due within one year 6 (61,051 ) (69,310 )
Net current liabilities (49,292 ) (42,363 )
Total assets less current liabilities 229,931 243,089

Creditors
Amounts falling due after more than one
year

7

(45,146

)

(81,071

)

Provisions for liabilities (53,326 ) (48,333 )
Net assets 131,459 113,685

Capital and reserves
Called up share capital 100 100
Retained earnings 131,359 113,585
Shareholders' funds 131,459 113,685

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

R A Elliott Tree Services Ltd (Registered number: 10026252)

Balance Sheet - continued
29 February 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 6 August 2024 and were signed on its behalf by:





Mr R A Elliott - Director


R A Elliott Tree Services Ltd (Registered number: 10026252)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. Statutory information

R A Elliott 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. 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.

Critical accounting judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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
Tangible fixed assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation is provided at the following annual rates so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset:

Plant and machinery etc - 33% on cost, 25% p.a. reducing balance, 15% p.a. reducing balance and 10% p.a. reducing balance.


R A Elliott Tree Services Ltd (Registered number: 10026252)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


3. Accounting policies - continued
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.

4. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

5. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 March 2023 408,175
Additions 40,656
At 29 February 2024 448,831
Depreciation
At 1 March 2023 122,723
Charge for year 46,885
At 29 February 2024 169,608
Net book value
At 29 February 2024 279,223
At 28 February 2023 285,452

R A Elliott Tree Services Ltd (Registered number: 10026252)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


6. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 23,700 40,458
Taxation and social security 23,460 16,045
Other creditors 3,891 2,807
61,051 69,310

7. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans 12,500 22,500
Hire purchase contracts 32,646 58,571
45,146 81,071

8. Secured debts

The following secured debts are included within creditors:

2024 2023
£ £
Hire purchase contracts 56,346 99,029