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REGISTERED NUMBER: 08637343 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 August 2023

for

Backgardens Limited

Backgardens Limited (Registered number: 08637343)

Contents of the Financial Statements
for the Year Ended 31 August 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Backgardens Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: D Vendyback





REGISTERED OFFICE: The Old Foundry Victoria Street
Syston
Leicester
LE7 2LF





REGISTERED NUMBER: 08637343 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Backgardens Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Backgardens Limited for the year ended 31 August 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Backgardens Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Backgardens Limited and state those matters that we have agreed to state to the director of Backgardens Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Backgardens Limited and its director for our work or for this report.

It is your duty to ensure that Backgardens Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Backgardens Limited. You consider that Backgardens Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Backgardens Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


21 August 2024

Backgardens Limited (Registered number: 08637343)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 210,797 201,187

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 47,814 24,326
Cash at bank 89,174 69,370
141,988 98,696
CREDITORS
Amounts falling due within one year 6 175,805 162,223
NET CURRENT LIABILITIES (33,817 ) (63,527 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

176,980

137,660

CREDITORS
Amounts falling due after more than
one year

7

(83,188

)

(96,861

)

PROVISIONS FOR LIABILITIES (15,195 ) (9,298 )
NET ASSETS 78,597 31,501

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 78,497 31,401
SHAREHOLDERS' FUNDS 78,597 31,501

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

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

Backgardens Limited (Registered number: 08637343)

Balance Sheet - continued
31 August 2023


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 21 August 2024 and were signed by:





D Vendyback - Director


Backgardens Limited (Registered number: 08637343)

Notes to the Financial Statements
for the Year Ended 31 August 2023


1. STATUTORY INFORMATION

Backgardens 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.

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
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.
Freehold property - 2% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 12.5% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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.


Backgardens Limited (Registered number: 08637343)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023


2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 September 2022 167,472 58,500 4,465
Additions - 1,529 -
Disposals - - -
At 31 August 2023 167,472 60,029 4,465
DEPRECIATION
At 1 September 2022 15,223 55,221 2,058
Charge for year 2,233 2,985 558
Eliminated on disposal - - -
At 31 August 2023 17,456 58,206 2,616
NET BOOK VALUE
At 31 August 2023 150,016 1,823 1,849
At 31 August 2022 152,249 3,279 2,407

Backgardens Limited (Registered number: 08637343)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2022 90,545 801 321,783
Additions 59,195 - 60,724
Disposals (43,500 ) - (43,500 )
At 31 August 2023 106,240 801 339,007
DEPRECIATION
At 1 September 2022 47,827 267 120,596
Charge for year 12,446 267 18,489
Eliminated on disposal (10,875 ) - (10,875 )
At 31 August 2023 49,398 534 128,210
NET BOOK VALUE
At 31 August 2023 56,842 267 210,797
At 31 August 2022 42,718 534 201,187

Included in cost of land and buildings is freehold land of £ 55,824 (2022 - £ 55,824 ) which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 36,715 21,695
Other debtors 9,071 -
Prepayments and accrued income 2,028 2,631
47,814 24,326

Backgardens Limited (Registered number: 08637343)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 13,079 12,799
Hire purchase contracts - 7,163
Trade creditors 2,433 909
Corporation tax 13,869 1,621
Social security and other taxes - 2,044
VAT 18,665 10,291
Other creditors 2,678 2,649
Net wages 9,969 9,649
Directors' current accounts 114,320 112,823
Accruals and deferred income 792 2,275
175,805 162,223

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans - 1-2 years 13,079 12,799
Bank loans - 2-5 years 16,739 25,896
Bank loans more 5 yr by instal 53,370 57,852
Hire purchase contracts - 314
83,188 96,861

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 53,370 57,852

8. SECURED DEBTS

The following secured debts are included within creditors:

31.8.23 31.8.22
£    £   
Hire purchase contracts - 7,477
Bank loans 68,767 71,848
68,767 79,325

The bank loans are secured by a fixed and floating charge on the company assets. The hire purchase contracts are secured on the assets the contract relates to.

Backgardens Limited (Registered number: 08637343)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary £1 100 100