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REGISTERED NUMBER: 08942018 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED

ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED (REGISTERED NUMBER: 08942018)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: L Williams





SECRETARY: Mrs S J Williams





REGISTERED OFFICE: 29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU





REGISTERED NUMBER: 08942018 (England and Wales)





ACCOUNTANTS: Advanta
Chartered Accountants
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU

ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED (REGISTERED NUMBER: 08942018)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 75,514 95,203

CURRENT ASSETS
Stocks 5 2,500 2,500
Debtors 6 15,955 42,168
Cash at bank 115,172 143,585
133,627 188,253
CREDITORS
Amounts falling due within one year 7 77,473 113,788
NET CURRENT ASSETS 56,154 74,465
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,668

169,668

CREDITORS
Amounts falling due after more than one
year

8

(6,493

)

(10,461

)

PROVISIONS FOR LIABILITIES 9 (18,879 ) (18,089 )
NET ASSETS 106,296 141,118

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 106,195 141,017
SHAREHOLDERS' FUNDS 106,296 141,118

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 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.

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 23 December 2024 and were signed by:



L Williams - Director


ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED (REGISTERED NUMBER: 08942018)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Roots Gardening & Grounds Maintenance 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 represents amounts receivable for gardening services net of VAT.

Revenue from the sale of services is recognised by reference to the stage of completion and when the costs incurred and costs to complete can be estimated reliably. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED (REGISTERED NUMBER: 08942018)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant & Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 118,654 65,016 3,977 187,647
Additions 1,924 2,500 1,998 6,422
At 31 March 2024 120,578 67,516 5,975 194,069
DEPRECIATION
At 1 April 2023 58,897 30,457 3,090 92,444
Charge for year 15,420 9,265 1,426 26,111
At 31 March 2024 74,317 39,722 4,516 118,555
NET BOOK VALUE
At 31 March 2024 46,261 27,794 1,459 75,514
At 31 March 2023 59,757 34,559 887 95,203

5. STOCKS
2024 2023
£    £   
Work-in-progress 2,500 2,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,676 35,359
Directors' current accounts - 6,094
Prepayments 1,279 715
15,955 42,168

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,970 3,872
Trade creditors 2,191 3,143
Tax 22,880 25,968
PAYE 1,788 1,975
VAT 10,678 15,416
Other creditors 34,829 62,364
Directors' current accounts 87 -
Accrued expenses 1,050 1,050
77,473 113,788

ROOTS GARDENING & GROUNDS MAINTENANCE
LIMITED (REGISTERED NUMBER: 08942018)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 4,071 3,970
Bank loans - 2-5 years 2,422 6,491
6,493 10,461

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 18,879 18,089

Deferred
tax
£   
Balance at 1 April 2023 18,089
Provided during year 790
Balance at 31 March 2024 18,879

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
L Williams
Balance outstanding at start of year 6,094 -
Amounts advanced - 6,094
Amounts repaid (6,094 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 6,094

At the balance sheet date the company was owed £Nil by Mr L Williams, the company director. No interest was charged in the year.