BrightAccountsProduction v1.0.0 v1.0.0 2023-03-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of building and landscaping. 27 September 2024 0 0 11224499 2024-02-29 11224499 2023-02-28 11224499 2022-02-28 11224499 2023-03-01 2024-02-29 11224499 2022-03-01 2023-02-28 11224499 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11224499 uk-curr:PoundSterling 2023-03-01 2024-02-29 11224499 uk-bus:AbridgedAccounts 2023-03-01 2024-02-29 11224499 uk-core:ShareCapital 2024-02-29 11224499 uk-core:ShareCapital 2023-02-28 11224499 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 11224499 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 11224499 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-02-29 11224499 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-02-28 11224499 uk-bus:FRS102 2023-03-01 2024-02-29 11224499 uk-core:PlantMachinery 2023-03-01 2024-02-29 11224499 uk-core:FurnitureFittingsToolsEquipment 2023-03-01 2024-02-29 11224499 uk-core:MotorVehicles 2023-03-01 2024-02-29 11224499 2023-03-01 2024-02-29 11224499 uk-bus:Director1 2023-03-01 2024-02-29 11224499 uk-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Allen Building & Landscaping Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 29 February 2024



Allen Building & Landscaping Limited
Company Registration Number: 11224499
ABRIDGED BALANCE SHEET
as at 29 February 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 4 73,379 88,950
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Current Assets
Stocks 122,472 85,556
Debtors 7,344 12,174
Cash at bank and in hand 23,319 9,408
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153,135 107,138
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Creditors: amounts falling due within one year (113,263) (78,657)
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Net Current Assets 39,872 28,481
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Total Assets less Current Liabilities 113,251 117,431
 
Creditors:
amounts falling due after more than one year (22,500) (32,500)
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Net Assets 90,751 84,931
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Capital and Reserves
Called up share capital 100 100
Retained earnings 90,651 84,831
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Shareholders' Funds 90,751 84,931
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
For the financial year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 27 September 2024
           
           
________________________________          
Mr S C Allen          
Director          
           



Allen Building & Landscaping Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 29 February 2024

   
1. General Information
 
Allen Building & Landscaping Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 11224499. The registered office of the company is 7 King Street, Weymouth, Dorset, DT4 8BJ, United Kingdom. The principal activity of the company is that of building and landscaping. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 29 February 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 15% Reducing balance
  Fixtures, fittings and equipment - 15% Reducing balance
  Motor vehicles - 25% Reducing balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2023 - 1).
           
4. Tangible assets
  Plant and Fixtures, Motor Total
  machinery fittings and vehicles  
    equipment    
  £ £ £ £
Cost
At 1 March 2023 63,596 2,827 62,197 128,620
Additions - 2,866 - 2,866
  ───────── ───────── ───────── ─────────
At 29 February 2024 63,596 5,693 62,197 131,486
  ───────── ───────── ───────── ─────────
Depreciation
At 1 March 2023 23,429 692 15,549 39,670
Charge for the financial year 6,025 750 11,662 18,437
  ───────── ───────── ───────── ─────────
At 29 February 2024 29,454 1,442 27,211 58,107
  ───────── ───────── ───────── ─────────
Net book value
At 29 February 2024 34,142 4,251 34,986 73,379
  ═════════ ═════════ ═════════ ═════════
At 28 February 2023 40,167 2,135 46,648 88,950
  ═════════ ═════════ ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 29 February 2024.
   
6. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.