Company Registration No. 08962455 (England and Wales)
Taw and Torridge Tree Services Ltd
Annual report and financial statement
for the year ended 29 February 2024
Taw and Torridge Tree Services Ltd
Annual report and financial statement
Contents
Taw and Torridge Tree Services Ltd
Company Information
for the year ended 29 February 2024
Directors
N Luxton
S Arnett-Clark
Company Number
08962455 (England and Wales)
Registered Office
Suite 2, Riverside Court
Castle Street
Barnstaple
Devon
EX31 1DR
Accountants
JD Accountants (South West) Ltd
Suite 2, Riverside Court
Castle Street
Barnstaple
Devon
EX31 1DR
Taw and Torridge Tree Services Ltd
Statement of financial position
as at 29 February 2024
Intangible assets
8,800
11,000
Tangible assets
68,013
77,073
Cash at bank and in hand
3,994
17,274
Creditors: amounts falling due within one year
(68,267)
(57,279)
Net current assets/(liabilities)
20,142
(11,174)
Total assets less current liabilities
96,955
76,899
Creditors: amounts falling due after more than one year
(24,167)
(34,931)
Provisions for liabilities
Deferred tax
(17,003)
(14,643)
Called up share capital
100
100
Profit and loss account
55,685
27,225
Shareholders' funds
55,785
27,325
For the year ending 29 February 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2024 and were signed on its behalf by
N Luxton
Director
Company Registration No. 08962455
Taw and Torridge Tree Services Ltd
Notes to the Accounts
for the year ended 29 February 2024
Taw and Torridge Tree Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08962455. The registered office is Suite 2, Riverside Court, Castle Street, Barnstaple, Devon, EX31 1DR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
15% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 29 February 2024
22,000
At 29 February 2024
13,200
At 28 February 2023
11,000
Taw and Torridge Tree Services Ltd
Notes to the Accounts
for the year ended 29 February 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
84,517
52,166
136,683
At 29 February 2024
85,709
52,166
137,875
At 1 March 2023
37,193
22,417
59,610
Charge for the year
7,277
2,975
10,252
At 29 February 2024
44,470
25,392
69,862
At 29 February 2024
41,239
26,774
68,013
At 28 February 2023
47,324
29,749
77,073
Amounts falling due within one year
Trade debtors
71,915
16,081
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
46,137
37,707
Loans from directors
14,887
15,671
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
764
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).