IRIS Accounts Production v24.3.0.553 03956030 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary £1 1.00000 A Shares 1.00000 B Shares 1.00000 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh039560302023-03-31039560302024-03-31039560302023-04-012024-03-31039560302022-03-31039560302022-04-012023-03-31039560302023-03-3103956030ns15:EnglandWales2023-04-012024-03-3103956030ns14:PoundSterling2023-04-012024-03-3103956030ns10:Director12023-04-012024-03-3103956030ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103956030ns10:SmallEntities2023-04-012024-03-3103956030ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3103956030ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103956030ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103956030ns10:FullAccounts2023-04-012024-03-3103956030ns10:OrdinaryShareClass12023-04-012024-03-3103956030ns10:OrdinaryShareClass22023-04-012024-03-3103956030ns10:OrdinaryShareClass32023-04-012024-03-31039560302ns10:OrdinaryShareClass22023-04-012024-03-3103956030ns10:OrdinaryShareClass332023-04-012024-03-3103956030ns10:Director22023-04-012024-03-3103956030ns10:CompanySecretary12023-04-012024-03-3103956030ns10:RegisteredOffice2023-04-012024-03-3103956030ns5:CurrentFinancialInstruments2024-03-3103956030ns5:CurrentFinancialInstruments2023-03-3103956030ns5:ShareCapital2024-03-3103956030ns5:ShareCapital2023-03-3103956030ns5:CapitalRedemptionReserve2024-03-3103956030ns5:CapitalRedemptionReserve2023-03-3103956030ns5:RetainedEarningsAccumulatedLosses2024-03-3103956030ns5:RetainedEarningsAccumulatedLosses2023-03-3103956030ns5:PlantMachinery2023-04-012024-03-3103956030ns5:PlantMachinery2023-03-3103956030ns5:PlantMachinery2024-03-3103956030ns5:PlantMachinery2023-03-3103956030ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3103956030ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3103956030ns10:OrdinaryShareClass12024-03-3103956030ns10:OrdinaryShareClass22024-03-3103956030ns10:OrdinaryShareClass32024-03-31039560301ns10:Director12023-03-31039560301ns10:Director12022-03-31039560301ns10:Director12023-04-012024-03-31039560301ns10:Director12022-04-012023-03-31039560301ns10:Director12024-03-31039560301ns10:Director12023-03-31
REGISTERED NUMBER: 03956030 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

D J Scott Garden Machinery Limited

D J Scott Garden Machinery Limited (Registered number: 03956030)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D J Scott Garden Machinery Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D Scott
Mrs A B Sainz-Maza





SECRETARY: Mrs B E Scott





REGISTERED OFFICE: Wheely Down Garages
Warnford
Southampton
Hampshire
SO32 3LG





REGISTERED NUMBER: 03956030 (England and Wales)





ACCOUNTANTS: KT Accountants Limited
Castle Farm Barn North
Denmead Road
Southwick
Hampshire
PO17 6EX

D J Scott Garden Machinery Limited (Registered number: 03956030)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 114,587 127,011

CURRENT ASSETS
Stocks 389,767 265,659
Debtors 5 163,141 152,783
Cash at bank and in hand 784,481 823,741
1,337,389 1,242,183
CREDITORS
Amounts falling due within one year 6 166,956 139,097
NET CURRENT ASSETS 1,170,433 1,103,086
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,285,020

1,230,097

PROVISIONS FOR LIABILITIES 3,254 6,357
NET ASSETS 1,281,766 1,223,740

CAPITAL AND RESERVES
Called up share capital 7 40 20
Capital redemption reserve 980 980
Retained earnings 1,280,746 1,222,740
SHAREHOLDERS' FUNDS 1,281,766 1,223,740

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

D J Scott Garden Machinery Limited (Registered number: 03956030)

Balance Sheet - continued
31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2024 and were signed on its behalf by:





D Scott - Director


D J Scott Garden Machinery Limited (Registered number: 03956030)

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

1. STATUTORY INFORMATION

D J Scott Garden Machinery 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on cost and 2% on 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 Statement of Income and Retained Earnings, 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.

D J Scott Garden Machinery Limited (Registered number: 03956030)

Notes to the Financial Statements - continued
for the Year Ended 31 March 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 10 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 302,518
Additions 7,723
At 31 March 2024 310,241
DEPRECIATION
At 1 April 2023 175,507
Charge for year 20,147
At 31 March 2024 195,654
NET BOOK VALUE
At 31 March 2024 114,587
At 31 March 2023 127,011

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 158,138 147,381
Other debtors 5,003 5,402
163,141 152,783

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 58,302 56,886
Taxation and social security 98,332 78,612
Other creditors 10,322 3,599
166,956 139,097

D J Scott Garden Machinery Limited (Registered number: 03956030)

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

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
20 Ordinary £1 £1 20 20
10 A Shares £1 10 -
10 B Shares £1 10 -
40 20

The following shares were issued during the year for cash at par :

10 A Shares shares of £1
10 B Shares shares of £1

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
D Scott
Balance outstanding at start of year (949 ) (70,985 )
Amounts advanced 83,278 -
Amounts repaid (90,000 ) 70,036
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7,671 ) (949 )

The directors loan account balances are undated, unsecured, interest free and repayable on demand.