Company Registration No. 13782227 (England and Wales)
Premium Fencing & Landscapes Ltd
Unaudited accounts
for the year ended 31 March 2024
Premium Fencing & Landscapes Ltd
Unaudited accounts
Contents
Premium Fencing & Landscapes Ltd
Company Information
for the year ended 31 March 2024
Company Number
13782227 (England and Wales)
Registered Office
2 The Street
Raydon
Ipswich
Suffolk
IP7 5LP
United Kingdom
Accountants
Aldertons Accountants
Oak House
2 Woodward Close
Ipswich
Suffolk
IP2 0EA
Premium Fencing & Landscapes Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
31,702
15,137
Cash at bank and in hand
469
15,137
Creditors: amounts falling due within one year
(59,781)
(33,664)
Net current (liabilities)/assets
(10,887)
1,046
Total assets less current liabilities
20,815
16,183
Creditors: amounts falling due after more than one year
(18,683)
-
Called up share capital
1
1
Profit and loss account
2,131
16,182
Shareholders' funds
2,132
16,183
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 2 July 2024 and were signed on its behalf by
L. Short
Director
Company Registration No. 13782227
Premium Fencing & Landscapes Ltd
Notes to the Accounts
for the year ended 31 March 2024
Premium Fencing & Landscapes Ltd is a private company, limited by shares, registered in England and Wales, registration number 13782227. The registered office is 2 The Street, Raydon, Ipswich, Suffolk, IP7 5LP, United Kingdom.
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
20% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
3,115
16,000
19,115
Additions
2,863
34,809
37,672
Disposals
-
(16,000)
(16,000)
At 31 March 2024
5,978
34,809
40,787
At 1 April 2023
778
3,200
3,978
Charge for the year
1,345
10,162
11,507
On disposals
-
(6,400)
(6,400)
At 31 March 2024
2,123
6,962
9,085
At 31 March 2024
3,855
27,847
31,702
At 31 March 2023
2,337
12,800
15,137
Premium Fencing & Landscapes Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
30,197
2,580
Other debtors
15,228
16,993
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
6,996
-
Trade creditors
19,718
7,037
Taxes and social security
1,491
4,443
Other creditors
9,000
9,988
Loans from directors
21,476
11,096
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
18,683
-
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).