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REGISTERED NUMBER: 04321175 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Weed Management Limited

Weed Management Limited (Registered number: 04321175)






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


Weed Management Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: L Thain
R S Deacon





SECRETARY: Miss D C Moat





REGISTERED OFFICE: Stable Cottage
Town Hill
Lamberhurst Down
Tunbridge Wells
Kent
TN3 8ES





REGISTERED NUMBER: 04321175 (England and Wales)





ACCOUNTANTS: Tim O'Brien CA
The Green
Datchet
Berkshire
SL3 9AS

Weed Management Limited (Registered number: 04321175)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 248,270 274,955

CURRENT ASSETS
Stocks 113,247 139,890
Debtors 5 674,816 676,353
Cash at bank 1,130,888 688,194
1,918,951 1,504,437
CREDITORS
Amounts falling due within one year 6 779,322 401,269
NET CURRENT ASSETS 1,139,629 1,103,168
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,387,899

1,378,123

CREDITORS
Amounts falling due after more than one
year

7

(97,888

)

(142,888

)

PROVISIONS FOR LIABILITIES 8 (60,926 ) (51,213 )
NET ASSETS 1,229,085 1,184,022

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 1,228,885 1,183,822
SHAREHOLDERS' FUNDS 1,229,085 1,184,022

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.

Weed Management Limited (Registered number: 04321175)

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 28 November 2024 and were signed on its behalf by:





L Thain - Director


Weed Management Limited (Registered number: 04321175)

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

1. STATUTORY INFORMATION

Weed Management 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 - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 19 ) .

Weed Management Limited (Registered number: 04321175)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 496,354
Additions 63,878
Disposals (24,674 )
At 29 February 2024 535,558
DEPRECIATION
At 1 March 2023 221,399
Charge for year 82,756
Eliminated on disposal (16,867 )
At 29 February 2024 287,288
NET BOOK VALUE
At 29 February 2024 248,270
At 28 February 2023 274,955

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 210,512 285,099
Other debtors 464,304 391,254
674,816 676,353

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 45,000 45,000
Trade creditors 541,204 64,613
Taxation and social security 72,272 127,932
Other creditors 120,846 163,724
779,322 401,269

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 97,888 142,888

8. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax 60,926 51,213

Weed Management Limited (Registered number: 04321175)

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

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 March 2023 51,213
Charge to Income Statement during year 9,713
Balance at 29 February 2024 60,926