IRIS Accounts Productionv24.1.4.3310522251Board of Directors1.3.2329.2.2429.2.24falsetruefalsefalsefalsetruefalse iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105222512023-02-28105222512024-02-29105222512023-03-012024-02-29105222512022-02-28105222512022-03-012023-02-28105222512023-02-2810522251ns15:EnglandWales2023-03-012024-02-2910522251ns14:PoundSterling2023-03-012024-02-2910522251ns10:Director12023-03-012024-02-2910522251ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2910522251ns10:SmallEntities2023-03-012024-02-2910522251ns10:AuditExemptWithAccountantsReport2023-03-012024-02-2910522251ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2910522251ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2910522251ns10:FullAccounts2023-03-012024-02-291052225112023-03-012024-02-2910522251ns10:Director22023-03-012024-02-2910522251ns10:RegisteredOffice2023-03-012024-02-2910522251ns5:CurrentFinancialInstruments2024-02-2910522251ns5:CurrentFinancialInstruments2023-02-2810522251ns5:Non-currentFinancialInstruments2024-02-2910522251ns5:Non-currentFinancialInstruments2023-02-2810522251ns5:ShareCapital2024-02-2910522251ns5:ShareCapital2023-02-2810522251ns5:RetainedEarningsAccumulatedLosses2024-02-2910522251ns5:RetainedEarningsAccumulatedLosses2023-02-2810522251ns5:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2910522251ns5:ComputerSoftware2023-03-012024-02-2910522251ns5:ComputerSoftware2023-02-2810522251ns5:ComputerSoftware2024-02-2910522251ns5:ComputerSoftware2023-02-2810522251ns5:PlantMachinery2023-02-2810522251ns5:FurnitureFittings2023-02-2810522251ns5:MotorVehicles2023-02-2810522251ns5:ComputerEquipment2023-02-2810522251ns5:PlantMachinery2023-03-012024-02-2910522251ns5:FurnitureFittings2023-03-012024-02-2910522251ns5:MotorVehicles2023-03-012024-02-2910522251ns5:ComputerEquipment2023-03-012024-02-2910522251ns5:PlantMachinery2024-02-2910522251ns5:FurnitureFittings2024-02-2910522251ns5:MotorVehicles2024-02-2910522251ns5:ComputerEquipment2024-02-2910522251ns5:PlantMachinery2023-02-2810522251ns5:FurnitureFittings2023-02-2810522251ns5:MotorVehicles2023-02-2810522251ns5:ComputerEquipment2023-02-2810522251ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2910522251ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2810522251ns5:Within3Monthsns5:CurrentFinancialInstruments2024-02-2910522251ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-02-2910522251ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-02-2810522251ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-02-2910522251ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-02-2810522251ns5:Non-currentFinancialInstrumentsns5:BetweenFive10Years2024-02-2910522251ns5:Non-currentFinancialInstrumentsns5:BetweenFive10Years2023-02-2810522251ns5:RetainedEarningsAccumulatedLosses2023-02-2810522251ns5:RetainedEarningsAccumulatedLosses2023-03-012024-02-29

REGISTERED NUMBER: 10522251 (England and Wales)
















ARBOR GARDEN SOLUTIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

29 FEBRUARY 2024






ARBOR GARDEN SOLUTIONS LIMITED (REGISTERED NUMBER: 10522251)








CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024





Page




Company Information  

1




Balance Sheet  

2




Notes to the Financial Statements  

4




Report of the Accountants  

8




ARBOR GARDEN SOLUTIONS LIMITED



COMPANY INFORMATION

FOR THE YEAR ENDED 29 FEBRUARY 2024









DIRECTORS:

G Surna


M Skackovas







REGISTERED OFFICE:

Dhc Business Centre,


226 Dogsthorpe Road


PETERBOROUGH


PE1 3PB







REGISTERED NUMBER:

10522251 (England and Wales)







ACCOUNTANTS:

DHC Accountants Limited


DHC Business Centre


226 Dogsthorpe Road


Peterborough


Cambridgeshire


PE1 3PB


ARBOR GARDEN SOLUTIONS LIMITED (REGISTERED NUMBER: 10522251)



BALANCE SHEET

29 FEBRUARY 2024



2024

2023



Notes

£   

£   

£   

£   


FIXED ASSETS

Intangible assets

3

271,419


259,338



Tangible assets

4

443,571


499,892



714,990


759,230




CURRENT ASSETS

Stocks

86,250


120,310



Debtors

5

17,387


23,888



Cash at bank and in hand

138,313


65,947



241,950


210,145



CREDITORS

Amounts falling due within one year

6

1,193,495


1,126,077



NET CURRENT LIABILITIES

(951,545

)

(915,932

)


TOTAL ASSETS LESS CURRENT

LIABILITIES

(236,555

)

(156,702

)



CREDITORS

Amounts falling due after more than one

year

7

196,890


258,184



NET LIABILITIES

(433,445

)

(414,886

)



CAPITAL AND RESERVES

Called up share capital

102


102



Retained earnings

9

(433,547

)

(414,988

)


(433,445

)

(414,886

)



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.  


The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.


ARBOR GARDEN SOLUTIONS LIMITED (REGISTERED NUMBER: 10522251)



BALANCE SHEET - continued

29 FEBRUARY 2024



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 16 October 2024 and were signed on its behalf by:






G Surna - Director



ARBOR GARDEN SOLUTIONS LIMITED (REGISTERED NUMBER: 10522251)



NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024


1.

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.


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.


Computer software is being amortised evenly over its estimated useful life of nil years.



Tangible fixed assets


Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.  



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.


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.


ARBOR GARDEN SOLUTIONS LIMITED (REGISTERED NUMBER: 10522251)



NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 29 FEBRUARY 2024


2.

EMPLOYEES AND DIRECTORS



The average number of employees during the year was 5 (2023 - 8 ) .


3.

INTANGIBLE FIXED ASSETS


Computer


software

£   



COST


At 1 March 2023

337,608




Additions

59,979




At 29 February 2024

397,587




AMORTISATION


At 1 March 2023

78,270




Amortisation for year

47,898




At 29 February 2024

126,168




NET BOOK VALUE


At 29 February 2024

271,419




At 28 February 2023

259,338




4.

TANGIBLE FIXED ASSETS


Fixtures



Plant and


and


Motor


Computer



machinery


fittings


vehicles


equipment


Totals

£   

£   

£   

£   

£   



COST


At 1 March 2023

542,888


124,111


21,250


41,355


729,604




Additions

1,526


21,610


-


1,823


24,959




At 29 February 2024

544,414


145,721


21,250


43,178


754,563




DEPRECIATION


At 1 March 2023

174,591


29,244


7,704


18,173


229,712




Charge for year

55,476


17,472


4,581


3,751


81,280




At 29 February 2024

230,067


46,716


12,285


21,924


310,992




NET BOOK VALUE


At 29 February 2024

314,347


99,005


8,965


21,254


443,571




At 28 February 2023

368,297


94,867


13,546


23,182


499,892




ARBOR GARDEN SOLUTIONS LIMITED (REGISTERED NUMBER: 10522251)



NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 29 FEBRUARY 2024


5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2024

2023


£   

£   



Other debtors

17,387


23,888




6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2024

2023


£   

£   



Other loans (see note 8)

751,947


656,983




Trade creditors

165,982


11,691




Tax

1,568


-




Social security and other taxes

46,640


27,377




VAT

108,550


247,307




Other creditors

-


75,987




Capital ontap

43,743


33,216




Barclaycard (Credit Card)

4,214


4,248




All star fuel card

(2,221

)

(2,221

)



Directors' current accounts

52,776


61,148




Directors' loan accounts

-


10,341




Accrued expenses

20,296


-



1,193,495


1,126,077




7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN

ONE YEAR


2024

2023


£   

£   



Bank loans (see note 8)

27,843


32,500




Other loans (see note 8)

144,086


194,805




Hire purchase contracts

24,961


30,879



196,890


258,184





Amounts falling due in more than five years:



Repayable by instalments


Bounce Back Loan

27,843


32,500




ARBOR GARDEN SOLUTIONS LIMITED (REGISTERED NUMBER: 10522251)



NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 29 FEBRUARY 2024


8.

LOANS



An analysis of the maturity of loans is given below:


2024

2023


£   

£   



Amounts falling due within one year or on demand:


Other loans

709,802


656,983




Funding Circle - Flexi

42,145


-



751,947


656,983





Amounts falling due between one and two years:


Other loans - 1-2 years

55,697


50,719





Amounts falling due between two and five years:


Other loans - 2-5 years

88,389


144,086





Amounts falling due in more than five years:



Repayable by instalments


Bounce Back Loan

27,843


32,500




9.

RESERVES


Retained


earnings

£   




At 1 March 2023

(414,988

)



Deficit for the year

(18,559

)



At 29 February 2024

(433,547

)




ARBOR GARDEN SOLUTIONS LIMITED



REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF

ARBOR GARDEN SOLUTIONS LIMITED


The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.


As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 29 February 2024 set out on pages three to ten and you consider that the company is exempt from an audit.  


In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.  







DHC Accountants Limited

DHC Business Centre

226 Dogsthorpe Road

Peterborough

Cambridgeshire

PE1 3PB



16 October 2024