Company registration number 13100112 (England and Wales)
JG LANDSCAPING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
JG LANDSCAPING LIMITED
COMPANY INFORMATION
Directors
Mr J A Grubb
Miss E L Fox
(Appointed 27 April 2023)
Company number
13100112
Registered office
Beech Cottage
Dunnington
Alcester
B49 5NX
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Lloyds Bank Plc
Colmore Row
PO Box 1000
Birmingham
West Midlands
BX1 1LT
JG LANDSCAPING LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
JG LANDSCAPING LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF JG LANDSCAPING LIMITED FOR THE YEAR ENDED 31 DECEMBER 2023
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JG Landscaping Limited for the year ended 31 December 2023 which comprise, the 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 at https://www.icaew.com/regulation.

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

It is your duty to ensure that JG Landscaping 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 JG Landscaping Limited. You consider that JG Landscaping 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 JG Landscaping 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.

Ormerod Rutter Limited
13 August 2024
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
JG LANDSCAPING LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2023
31 December 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
21,138
26,422
Current assets
Debtors
4
20,317
14,873
Cash at bank and in hand
141,515
124,525
161,832
139,398
Creditors: amounts falling due within one year
5
(129,035)
(112,815)
Net current assets
32,797
26,583
Total assets less current liabilities
53,935
53,005
Creditors: amounts falling due after more than one year
6
-
0
(8,554)
Provisions for liabilities
8
(2,353)
(5,513)
Net assets
51,582
38,938
Capital and reserves
Called up share capital
9
100
100
Profit and loss reserves
51,482
38,838
Total equity
51,582
38,938

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

JG LANDSCAPING LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023
31 December 2023
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 13 August 2024 and are signed on its behalf by:
Mr J A Grubb
Director
Company registration number 13100112 (England and Wales)
JG LANDSCAPING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
- 4 -
1
Accounting policies
Company information

JG Landscaping Limited is a private company limited by shares incorporated in England and Wales. The registered office is Beech Cottage, Dunnington, Alcester, United Kingdom, B49 5NX.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
20% on reducing balance
IT equipment
20% on reducing balance
Motor vehicles
20% on reducing balance
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

JG LANDSCAPING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.5
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.6
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

 

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
2
1
JG LANDSCAPING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 6 -
3
Tangible fixed assets
Plant and machinery
IT equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 January 2023 and 31 December 2023
23,604
1,307
16,320
41,231
Depreciation and impairment
At 1 January 2023
8,463
471
5,875
14,809
Depreciation charged in the year
3,028
167
2,089
5,284
At 31 December 2023
11,491
638
7,964
20,093
Carrying amount
At 31 December 2023
12,113
669
8,356
21,138
At 31 December 2022
15,141
836
10,445
26,422
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
-
0
8,565
Other debtors
20,317
6,308
20,317
14,873
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
21,337
21,003
Taxation and social security
33,711
35,504
Other creditors
73,987
56,308
129,035
112,815
6
Creditors: amounts falling due after more than one year
2023
2022
£
£
Other creditors
-
0
8,554
JG LANDSCAPING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 7 -
7
Secured debts
The following secured debts are included within creditors:
2023
2022
£
£
Hire purchase contracts
8,554
12,772
Hire purchase contracts are secured against the assets to which they relate.
8
Provisions for liabilities
2023
2022
£
£
Deferred tax liabilities
2,353
5,513
9
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £1 each
75
75
75
75
Ordinary B of £1 each
25
25
25
25
100
100
100
100
10
Ultimate controlling party

The ultimate controlling party is Mr J A Grubb.

2023-12-312023-01-01false13 August 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityMr J A GrubbMiss E L Foxfalsefalse131001122023-01-012023-12-3113100112bus:Director12023-01-012023-12-3113100112bus:Director22023-01-012023-12-3113100112bus:RegisteredOffice2023-01-012023-12-3113100112bus:Agent12023-01-012023-12-31131001122023-12-31131001122022-12-3113100112core:PlantMachinery2023-12-3113100112core:ComputerEquipment2023-12-3113100112core:MotorVehicles2023-12-3113100112core:PlantMachinery2022-12-3113100112core:ComputerEquipment2022-12-3113100112core:MotorVehicles2022-12-3113100112core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-3113100112core:CurrentFinancialInstrumentscore:WithinOneYear2022-12-3113100112core:Non-currentFinancialInstrumentscore:AfterOneYear2023-12-3113100112core:Non-currentFinancialInstrumentscore:AfterOneYear2022-12-3113100112core:CurrentFinancialInstruments2023-12-3113100112core:CurrentFinancialInstruments2022-12-3113100112core:ShareCapital2023-12-3113100112core:ShareCapital2022-12-3113100112core:RetainedEarningsAccumulatedLosses2023-12-3113100112core:RetainedEarningsAccumulatedLosses2022-12-3113100112core:ShareCapitalOrdinaryShares2023-12-3113100112core:ShareCapitalOrdinaryShares2022-12-3113100112core:PlantMachinery2023-01-012023-12-3113100112core:ComputerEquipment2023-01-012023-12-3113100112core:MotorVehicles2023-01-012023-12-31131001122022-01-012022-12-3113100112core:PlantMachinery2022-12-3113100112core:ComputerEquipment2022-12-3113100112core:MotorVehicles2022-12-31131001122022-12-3113100112core:WithinOneYear2023-12-3113100112core:WithinOneYear2022-12-3113100112core:Non-currentFinancialInstruments2023-12-3113100112core:Non-currentFinancialInstruments2022-12-3113100112bus:PrivateLimitedCompanyLtd2023-01-012023-12-3113100112bus:SmallCompaniesRegimeForAccounts2023-01-012023-12-3113100112bus:FRS1022023-01-012023-12-3113100112bus:AuditExemptWithAccountantsReport2023-01-012023-12-3113100112bus:FullAccounts2023-01-012023-12-31xbrli:purexbrli:sharesiso4217:GBP