IRIS Accounts Production v24.1.0.578 10345847 director 1.9.23 31.8.24 31.8.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh103458472023-08-31103458472024-08-31103458472023-09-012024-08-31103458472022-08-31103458472022-09-012023-08-31103458472023-08-3110345847ns15:EnglandWales2023-09-012024-08-3110345847ns14:PoundSterling2023-09-012024-08-3110345847ns10:Director12023-09-012024-08-3110345847ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3110345847ns10:SmallEntities2023-09-012024-08-3110345847ns10:AuditExemptWithAccountantsReport2023-09-012024-08-3110345847ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3110345847ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3110345847ns10:FullAccounts2023-09-012024-08-311034584712023-09-012024-08-3110345847ns10:RegisteredOffice2023-09-012024-08-3110345847ns5:CurrentFinancialInstruments2024-08-3110345847ns5:CurrentFinancialInstruments2023-08-3110345847ns5:Non-currentFinancialInstruments2024-08-3110345847ns5:Non-currentFinancialInstruments2023-08-3110345847ns5:ShareCapital2024-08-3110345847ns5:ShareCapital2023-08-3110345847ns5:RetainedEarningsAccumulatedLosses2024-08-3110345847ns5:RetainedEarningsAccumulatedLosses2023-08-3110345847ns5:NetGoodwill2023-09-012024-08-3110345847ns5:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3110345847ns5:PlantMachinery2023-09-012024-08-3110345847ns5:NetGoodwill2023-08-3110345847ns5:NetGoodwill2024-08-3110345847ns5:NetGoodwill2023-08-3110345847ns5:PlantMachinery2023-08-3110345847ns5:PlantMachinery2024-08-3110345847ns5:PlantMachinery2023-08-3110345847ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-08-3110345847ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-31
REGISTERED NUMBER: 10345847 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Versons Garden Services Limited

Versons Garden Services Limited (Registered number: 10345847)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

Versons Garden Services Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: P P Verhaak





REGISTERED OFFICE: 864 Christchurch Road
Bournemouth
Dorset
BH7 6DQ





REGISTERED NUMBER: 10345847 (England and Wales)





ACCOUNTANTS: LJB Chartered Certified Accountants
Tax & Business Advisors
864 Christchurch Road
Bournemouth
Dorset
BH7 6DQ

Versons Garden Services Limited (Registered number: 10345847)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,240 3,360
Property, plant and equipment 5 44,587 40,445
46,827 43,805

CURRENT ASSETS
Inventories 5,296 5,997
Debtors 6 62,834 49,215
Cash at bank 13,943 10,211
82,073 65,423
CREDITORS
Amounts falling due within one year 7 98,305 70,705
NET CURRENT LIABILITIES (16,232 ) (5,282 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,595

38,523

CREDITORS
Amounts falling due after more than one year 8 (17,155 ) (29,485 )

PROVISIONS FOR LIABILITIES (8,471 ) (7,685 )
NET ASSETS 4,969 1,353

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 4,959 1,343
SHAREHOLDERS' FUNDS 4,969 1,353

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Versons Garden Services Limited (Registered number: 10345847)

Balance Sheet - continued
31 August 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 director and authorised for issue on 18 October 2024 and were signed by:





P P Verhaak - Director


Versons Garden Services Limited (Registered number: 10345847)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Versons Garden Services 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.

Turnover
Revenue 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 2016, is being amortised evenly over its estimated useful life of ten 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 etc - 25% on reducing balance

Stocks
Inventories 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.

Versons Garden Services Limited (Registered number: 10345847)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 11,200
AMORTISATION
At 1 September 2023 7,840
Charge for year 1,120
At 31 August 2024 8,960
NET BOOK VALUE
At 31 August 2024 2,240
At 31 August 2023 3,360

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 September 2023 91,165
Additions 19,004
At 31 August 2024 110,169
DEPRECIATION
At 1 September 2023 50,720
Charge for year 14,862
At 31 August 2024 65,582
NET BOOK VALUE
At 31 August 2024 44,587
At 31 August 2023 40,445

Versons Garden Services Limited (Registered number: 10345847)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 52,955 42,192
Other debtors 9,879 7,023
62,834 49,215

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 4,520 4,120
Hire purchase contracts 8,171 8,171
Trade creditors 3,650 3,857
Taxation and social security 80,563 53,181
Other creditors 1,401 1,376
98,305 70,705

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 3,529 7,688
Hire purchase contracts 13,626 21,797
17,155 29,485

9. ULTIMATE CONTROLLING PARTY

There was no ultimate controlling party during the period under review.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Versons Garden Services Limited

The following reproduces the text of the report prepared for the director 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 Director 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 Versons Garden Services Limited for the year ended 31 August 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Versons Garden Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Versons Garden Services Limited and state those matters that we have agreed to state to the director of Versons Garden Services Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Versons Garden Services Limited 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 Versons Garden Services Limited. You consider that Versons Garden Services Limited 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 Versons Garden Services Limited. 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.






LJB Chartered Certified Accountants
Tax & Business Advisors
864 Christchurch Road
Bournemouth
Dorset
BH7 6DQ


18 October 2024