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REGISTERED NUMBER: 07939914 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

The Patio Black Spot Removal Company Ltd

The Patio Black Spot Removal Company Ltd (Registered number: 07939914)






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

Chartered Accountants' Report 8

The Patio Black Spot Removal Company Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: S A V Essex
A Essex
C Walton





REGISTERED OFFICE: West House
Milford Road
Elstead
Godalming
GU8 6HF





REGISTERED NUMBER: 07939914 (England and Wales)





ACCOUNTANTS: Coakley & Co
Chartered Accountants
West House
Milford Road
Elstead
Godalming
Surrey
GU8 6HF

The Patio Black Spot Removal Company Ltd (Registered number: 07939914)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 846
Tangible assets 5 89,628 50,035
Investments 6 46 46
89,674 50,927

CURRENT ASSETS
Stocks 28,752 26,314
Debtors 7 1,322,261 1,011,594
Prepayments and accrued income 71,717 70,473
Cash at bank and in hand 122,147 98,705
1,544,877 1,207,086
CREDITORS
Amounts falling due within one year 8 270,851 219,684
NET CURRENT ASSETS 1,274,026 987,402
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,363,700

1,038,329

CREDITORS
Amounts falling due after more than one
year

9

-

(23,334

)

PROVISIONS FOR LIABILITIES (22,407 ) (9,507 )
NET ASSETS 1,341,293 1,005,488

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,341,193 1,005,388
SHAREHOLDERS' FUNDS 1,341,293 1,005,488

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.

The Patio Black Spot Removal Company Ltd (Registered number: 07939914)

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 23 October 2024 and were signed on its behalf by:





A Essex - Director


The Patio Black Spot Removal Company Ltd (Registered number: 07939914)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

The Patio Black Spot Removal Company Ltd 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.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax, which have been supplied during the year

Trade marks & patents
The trade marks and patents are being amortised evenly over their estimated useful life of 10 years.

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 etc - 33% on cost and 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

The Patio Black Spot Removal Company Ltd (Registered number: 07939914)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

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 13 (2023 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2023
and 29 February 2024 8,460
AMORTISATION
At 1 March 2023 7,614
Charge for year 846
At 29 February 2024 8,460
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 846

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 235,130
Additions 66,371
Disposals (6,449 )
At 29 February 2024 295,052
DEPRECIATION
At 1 March 2023 185,095
Charge for year 26,778
Eliminated on disposal (6,449 )
At 29 February 2024 205,424
NET BOOK VALUE
At 29 February 2024 89,628
At 28 February 2023 50,035

The Patio Black Spot Removal Company Ltd (Registered number: 07939914)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2023
and 29 February 2024 46
NET BOOK VALUE
At 29 February 2024 46
At 28 February 2023 46

On 4 September 2015 a company, The Patio Black Spot Removal Company Pty Ltd, was registered in Australia. The company is wholly owned by The Patio Black Spot Removal Ltd,

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 77,048 54,740
Amounts owed by group undertakings 1,208,841 929,568
Other debtors 36,372 27,286
1,322,261 1,011,594

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 10,000
Trade creditors 85,594 77,794
Taxation and social security 151,899 68,511
Other creditors 33,358 63,379
270,851 219,684

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 23,334

The Patio Black Spot Removal Company Ltd (Registered number: 07939914)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
S A V Essex
Balance outstanding at start of year - 1,793
Amounts repaid - (1,793 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

C Walton
Balance outstanding at start of year 11,869 1,950
Amounts advanced - 13,519
Amounts repaid (3,600 ) (3,600 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,269 11,869

A Essex
Balance outstanding at start of year - -
Amounts advanced 14,000 -
Amounts repaid (1,426 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,574 -

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned group undertakings.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
The Patio Black Spot Removal Company Ltd

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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Patio Black Spot Removal Company Ltd for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The Patio Black Spot Removal Company Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Patio Black Spot Removal Company Ltd and state those matters that we have agreed to state to the Board of Directors of The Patio Black Spot Removal Company Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Patio Black Spot Removal Company Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Patio Black Spot Removal Company Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Patio Black Spot Removal Company Ltd. You consider that The Patio Black Spot Removal Company Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Patio Black Spot Removal Company Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Coakley & Co
Chartered Accountants
West House
Milford Road
Elstead
Godalming
Surrey
GU8 6HF


23 October 2024