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REGISTERED NUMBER: 03821456 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Chew Valley Trees Limited

Chew Valley Trees Limited (Registered number: 03821456)






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


Chew Valley Trees Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: D Scarth
Mrs J J Scarth
S Scarth





SECRETARY: Mrs J J Scarth





REGISTERED OFFICE: Winford Road
Chew Magna
Bristol
BS40 8HJ





REGISTERED NUMBER: 03821456 (England and Wales)





ACCOUNTANTS: Underwood Lamb Professional Services Ltd
Ground Floor, The Old Barn
Lady Farm
Chelwood
Bristol
BS39 4NN

Chew Valley Trees Limited (Registered number: 03821456)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,053,620 1,073,280

CURRENT ASSETS
Stocks 874,691 588,633
Debtors 5 30,716 73,576
Cash at bank and in hand 595,105 798,916
1,500,512 1,461,125
CREDITORS
Amounts falling due within one year 6 516,934 671,210
NET CURRENT ASSETS 983,578 789,915
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,037,198

1,863,195

CREDITORS
Amounts falling due after more than one
year

7

25,884

21,575
NET ASSETS 2,011,314 1,841,620

CAPITAL AND RESERVES
Called up share capital 93 93
Retained earnings 8 2,011,221 1,841,527
SHAREHOLDERS' FUNDS 2,011,314 1,841,620

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 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.

Chew Valley Trees Limited (Registered number: 03821456)

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 Board of Directors and authorised for issue on 16 January 2025 and were signed on its behalf by:




D Scarth - Director Mrs J J Scarth - Director




S Scarth - Director


Chew Valley Trees Limited (Registered number: 03821456)

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

1. STATUTORY INFORMATION

Chew Valley Trees 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - not provided
Plant and machinery - 20% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 21 ) .

Chew Valley Trees Limited (Registered number: 03821456)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 September 2023 862,861 455,032 25,743
Additions 23,551 34,117 -
At 31 August 2024 886,412 489,149 25,743
DEPRECIATION
At 1 September 2023 - 283,696 18,030
Charge for year - 55,300 1,751
At 31 August 2024 - 338,996 19,781
NET BOOK VALUE
At 31 August 2024 886,412 150,153 5,962
At 31 August 2023 862,861 171,336 7,713

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 415,573 121,712 1,880,921
Additions - 749 58,417
At 31 August 2024 415,573 122,461 1,939,338
DEPRECIATION
At 1 September 2023 384,952 120,963 807,641
Charge for year 20,067 959 78,077
At 31 August 2024 405,019 121,922 885,718
NET BOOK VALUE
At 31 August 2024 10,554 539 1,053,620
At 31 August 2023 30,621 749 1,073,280

Chew Valley Trees Limited (Registered number: 03821456)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 September 2023
and 31 August 2024 38,450
DEPRECIATION
At 1 September 2023 20,824
Charge for year 9,612
At 31 August 2024 30,436
NET BOOK VALUE
At 31 August 2024 8,014
At 31 August 2023 17,626

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 11,308 36,761
Other debtors 19,408 36,815
30,716 73,576

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 7,772 15,545
Trade creditors 121,257 234,120
Taxation and social security 157,763 108,653
Other creditors 230,142 312,892
516,934 671,210

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Other creditors 25,884 21,575

Chew Valley Trees Limited (Registered number: 03821456)

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

8. RESERVES
Retained
earnings
£   

At 1 September 2023 1,841,527
Profit for the year 331,644
Dividends (161,950 )
At 31 August 2024 2,011,221

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
D Scarth
Balance outstanding at start of year - 49,768
Amounts advanced 13,500 -
Amounts repaid (13,500 ) (49,768 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Mrs J J Scarth
Balance outstanding at start of year - 49,283
Amounts advanced 13,500 -
Amounts repaid (13,500 ) (49,283 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

S Scarth
Balance outstanding at start of year 25,252 -
Amounts advanced - 25,252
Amounts repaid (25,252 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 25,252

Interest was charged on the loans at 2.25%.

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party as the issued ordinary share capital is held between the directors as shown below:-

D Scarth 30
J Scarth 30
S Scarth 30