The Garden Design Company Limited 03186279 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is garden design, construction and sales of related products and services. Digita Accounts Production Advanced 6.30.9574.0 true 03186279 2023-07-01 2024-06-30 03186279 2024-06-30 03186279 core:CurrentFinancialInstruments 2024-06-30 03186279 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 03186279 core:FurnitureFittings 2024-06-30 03186279 core:MotorVehicles 2024-06-30 03186279 core:PlantMachinery 2024-06-30 03186279 bus:SmallEntities 2023-07-01 2024-06-30 03186279 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 03186279 bus:FilletedAccounts 2023-07-01 2024-06-30 03186279 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 03186279 bus:RegisteredOffice 2023-07-01 2024-06-30 03186279 bus:Director1 2023-07-01 2024-06-30 03186279 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03186279 core:FurnitureFittings 2023-07-01 2024-06-30 03186279 core:MotorVehicles 2023-07-01 2024-06-30 03186279 core:PlantMachinery 2023-07-01 2024-06-30 03186279 countries:EnglandWales 2023-07-01 2024-06-30 03186279 2023-06-30 03186279 core:FurnitureFittings 2023-06-30 03186279 core:MotorVehicles 2023-06-30 03186279 core:PlantMachinery 2023-06-30 03186279 2022-07-01 2023-06-30 03186279 2023-06-30 03186279 core:CurrentFinancialInstruments 2023-06-30 03186279 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 03186279 core:FurnitureFittings 2023-06-30 03186279 core:MotorVehicles 2023-06-30 03186279 core:PlantMachinery 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 03186279

The Garden Design Company Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

The Garden Design Company Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

The Garden Design Company Limited

(Registration number: 03186279)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

125,106

107,307

Current assets

 

Debtors

5

95,897

123,634

Cash at bank and in hand

 

400,642

268,701

 

496,539

392,335

Creditors: Amounts falling due within one year

6

(139,041)

(94,200)

Net current assets

 

357,498

298,135

Total assets less current liabilities

 

482,604

405,442

Provisions for liabilities

(31,277)

(26,827)

Net assets

 

451,327

378,615

Capital and reserves

 

Called up share capital

120

120

Retained earnings

451,207

378,495

Shareholders' funds

 

451,327

378,615

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

The Garden Design Company Limited

(Registration number: 03186279)
Balance Sheet as at 30 June 2024

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 October 2024
 

.........................................
Mr R Jones
Director

 

The Garden Design Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
31a Charnham Street
Hungerford
Berkshire
RG17 0EJ
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Contract revenue recognition

Revenue from a contract to provide services is recogniesed in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably

- it is probable that the company will receive considerations due under the contract

- the stage of completion of the contract at the end of the reporting period can be measured reliably and

- the costs incurred and the costs to complete the contract can be measured reliably

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

The Garden Design Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% reducing balance

Fixtures and fittings

25% straight line

Plant and machinery

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

The Garden Design Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 8 (2023 - 8).

 

The Garden Design Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 July 2023

22,343

99,471

145,447

267,261

Additions

1,558

1,556

65,440

68,554

Disposals

-

-

(28,159)

(28,159)

At 30 June 2024

23,901

101,027

182,728

307,656

Depreciation

At 1 July 2023

20,135

71,196

68,622

159,953

Charge for the year

1,327

7,458

33,432

42,217

Eliminated on disposal

-

-

(19,620)

(19,620)

At 30 June 2024

21,462

78,654

82,434

182,550

Carrying amount

At 30 June 2024

2,439

22,373

100,294

125,106

At 30 June 2023

2,207

28,275

76,825

107,307

5

Debtors

Current

2024
£

2023
£

Trade debtors

91,023

10,341

Prepayments

4,483

5,104

Other debtors

391

108,189

 

95,897

123,634

 

The Garden Design Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

5,545

7,137

Taxation and social security

94,100

43,930

Other creditors

39,396

43,133

139,041

94,200