IRIS Accounts Production v24.2.0.383 08315947 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083159472022-12-31083159472023-12-31083159472023-01-012023-12-31083159472021-12-31083159472022-01-012022-12-31083159472022-12-3108315947ns15:EnglandWales2023-01-012023-12-3108315947ns14:PoundSterling2023-01-012023-12-3108315947ns10:Director12023-01-012023-12-3108315947ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3108315947ns10:SmallEntities2023-01-012023-12-3108315947ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3108315947ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3108315947ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3108315947ns10:FullAccounts2023-01-012023-12-310831594712023-01-012023-12-3108315947ns10:Director22023-01-012023-12-3108315947ns10:CompanySecretary12023-01-012023-12-3108315947ns10:RegisteredOffice2023-01-012023-12-3108315947ns5:CurrentFinancialInstruments2023-12-3108315947ns5:CurrentFinancialInstruments2022-12-3108315947ns5:Non-currentFinancialInstruments2023-12-3108315947ns5:Non-currentFinancialInstruments2022-12-3108315947ns5:ShareCapital2023-12-3108315947ns5:ShareCapital2022-12-3108315947ns5:SharePremium2023-12-3108315947ns5:SharePremium2022-12-3108315947ns5:RetainedEarningsAccumulatedLosses2023-12-3108315947ns5:RetainedEarningsAccumulatedLosses2022-12-3108315947ns5:NetGoodwill2023-01-012023-12-3108315947ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3108315947ns5:PlantMachinery2023-01-012023-12-3108315947ns5:MotorVehicles2023-01-012023-12-3108315947ns5:ComputerEquipment2023-01-012023-12-3108315947ns5:NetGoodwill2023-12-3108315947ns5:PlantMachinery2022-12-3108315947ns5:MotorVehicles2022-12-3108315947ns5:ComputerEquipment2022-12-3108315947ns5:PlantMachinery2023-12-3108315947ns5:MotorVehicles2023-12-3108315947ns5:ComputerEquipment2023-12-3108315947ns5:PlantMachinery2022-12-3108315947ns5:MotorVehicles2022-12-3108315947ns5:ComputerEquipment2022-12-3108315947ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3108315947ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 08315947 (England and Wales)















PB FORESTRY AND LANDSCAPING LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2023






PB FORESTRY AND LANDSCAPING LIMITED (REGISTERED NUMBER: 08315947)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


PB FORESTRY AND LANDSCAPING LIMITED

Company Information
for the year ended 31 December 2023







Directors: P Bett Business Owner
S N Inchley





Secretary: S Kirk





Registered office: Toms Office
Flecknoe House Farm
Sawbridge Road
Flecknoe
Warwickshire
CV23 8AZ





Registered number: 08315947 (England and Wales)





Accountants: Cooper Parry Advisory Limited
CUBO Birmingham
3rd Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX

PB FORESTRY AND LANDSCAPING LIMITED (REGISTERED NUMBER: 08315947)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
Fixed assets
Intangible assets 4 5,749 -
Tangible assets 5 1,162,556 1,226,035
1,168,305 1,226,035

Current assets
Stocks 69,721 44,591
Debtors 6 369,060 530,201
Cash at bank and in hand 76,220 25,701
515,001 600,493
Creditors
Amounts falling due within one year 7 513,625 418,254
Net current assets 1,376 182,239
Total assets less current liabilities 1,169,681 1,408,274

Creditors
Amounts falling due after more than one year 8 (420,935 ) (558,442 )

Provisions for liabilities (289,259 ) (231,901 )
Net assets 459,487 617,931

Capital and reserves
Called up share capital 1 1
Share premium 5,000 5,000
Retained earnings 454,486 612,930
459,487 617,931

PB FORESTRY AND LANDSCAPING LIMITED (REGISTERED NUMBER: 08315947)

Balance Sheet - continued
31 December 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 Board of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by:





P Bett Business Owner - Director


PB FORESTRY AND LANDSCAPING LIMITED (REGISTERED NUMBER: 08315947)

Notes to the Financial Statements
for the year ended 31 December 2023

1. Statutory information

Pb Forestry And Landscaping 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.

Preparation of consolidated financial statements
The financial statements contain information about Pb Forestry And Landscaping Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

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.

PB FORESTRY AND LANDSCAPING LIMITED (REGISTERED NUMBER: 08315947)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

2. Accounting policies - continued

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 22 (2022 - 16 ) .

4. Intangible fixed assets
Goodwill
£
Cost
Additions 7,186
At 31 December 2023 7,186
Amortisation
Amortisation for year 1,437
At 31 December 2023 1,437
Net book value
At 31 December 2023 5,749

5. Tangible fixed assets
Plant and Motor Computer
machinery vehicles equipment Totals
£ £ £ £
Cost
At 1 January 2023 1,265,080 162,895 - 1,427,975
Additions 153,448 5,873 2,530 161,851
Disposals (116,000 ) - - (116,000 )
At 31 December 2023 1,302,528 168,768 2,530 1,473,826
Depreciation
At 1 January 2023 154,402 47,538 - 201,940
Charge for year 122,588 18,111 772 141,471
Eliminated on disposal (32,141 ) - - (32,141 )
At 31 December 2023 244,849 65,649 772 311,270
Net book value
At 31 December 2023 1,057,679 103,119 1,758 1,162,556
At 31 December 2022 1,110,678 115,357 - 1,226,035

6. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 349,697 332,577
Other debtors 15,648 169,724
Tax - 27,418
Accrued income 3,218 -
Prepayments 497 482
369,060 530,201

PB FORESTRY AND LANDSCAPING LIMITED (REGISTERED NUMBER: 08315947)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

7. Creditors: amounts falling due within one year
2023 2022
£ £
Hire purchase contracts 155,773 253,790
Trade creditors 110,649 78,568
Tax 73,474 -
Social security and other taxes 22,032 10,507
VAT 72,961 66,278
Other creditors 13,403 4,632
Directors' current accounts 58,256 4,479
Accrued expenses 7,077 -
513,625 418,254

8. Creditors: amounts falling due after more than one year
2023 2022
£ £
Hire purchase contracts 420,935 558,442