Silverfin false false 31/08/2024 01/09/2023 31/08/2024 L S Mills 01/08/2017 25 January 2025 The principal activity of the Company during the financial year was landscape garden design. 10893594 2024-08-31 10893594 bus:Director1 2024-08-31 10893594 2023-08-31 10893594 core:CurrentFinancialInstruments 2024-08-31 10893594 core:CurrentFinancialInstruments 2023-08-31 10893594 core:Non-currentFinancialInstruments 2024-08-31 10893594 core:Non-currentFinancialInstruments 2023-08-31 10893594 core:ShareCapital 2024-08-31 10893594 core:ShareCapital 2023-08-31 10893594 core:RetainedEarningsAccumulatedLosses 2024-08-31 10893594 core:RetainedEarningsAccumulatedLosses 2023-08-31 10893594 core:PlantMachinery 2023-08-31 10893594 core:Vehicles 2023-08-31 10893594 core:FurnitureFittings 2023-08-31 10893594 core:PlantMachinery 2024-08-31 10893594 core:Vehicles 2024-08-31 10893594 core:FurnitureFittings 2024-08-31 10893594 2023-09-01 2024-08-31 10893594 bus:FilletedAccounts 2023-09-01 2024-08-31 10893594 bus:SmallEntities 2023-09-01 2024-08-31 10893594 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 10893594 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10893594 bus:Director1 2023-09-01 2024-08-31 10893594 core:PlantMachinery 2023-09-01 2024-08-31 10893594 core:Vehicles 2023-09-01 2024-08-31 10893594 core:FurnitureFittings 2023-09-01 2024-08-31 10893594 2022-09-01 2023-08-31 10893594 core:Non-currentFinancialInstruments 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Company No: 10893594 (England and Wales)

THE LANDSCAPE SERVICE 2017 LIMITED

Unaudited Financial Statements
For the financial year ended 31 August 2024
Pages for filing with the registrar

THE LANDSCAPE SERVICE 2017 LIMITED

Unaudited Financial Statements

For the financial year ended 31 August 2024

Contents

THE LANDSCAPE SERVICE 2017 LIMITED

BALANCE SHEET

As at 31 August 2024
THE LANDSCAPE SERVICE 2017 LIMITED

BALANCE SHEET (continued)

As at 31 August 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 10,333 13,890
10,333 13,890
Current assets
Stocks 4 3,680 9,640
Debtors 5 36,431 13,166
Cash at bank and in hand 16,559 9,079
56,670 31,885
Creditors: amounts falling due within one year 6 ( 38,842) ( 40,752)
Net current assets/(liabilities) 17,828 (8,867)
Total assets less current liabilities 28,161 5,023
Creditors: amounts falling due after more than one year 7 ( 1,236) ( 2,676)
Provision for liabilities ( 2,429) ( 2,334)
Net assets 24,496 13
Capital and reserves
Called-up share capital 100 100
Profit and loss account 24,396 ( 87 )
Total shareholders' funds 24,496 13

For the financial year ending 31 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of The Landscape Service 2017 Limited (registered number: 10893594) were approved and authorised for issue by the Director on 25 January 2025. They were signed on its behalf by:

L S Mills
Director
THE LANDSCAPE SERVICE 2017 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
THE LANDSCAPE SERVICE 2017 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Landscape Service 2017 Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is 10 Harrier Way, Holbury, Southampton, SO45 2EZ.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery 15 % reducing balance
Vehicles 15 % reducing balance
Fixtures and fittings 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 3 3

3. Tangible assets

Plant and machinery Vehicles Fixtures and fittings Total
£ £ £ £
Cost
At 01 September 2023 13,213 7,813 6,300 27,326
At 31 August 2024 13,213 7,813 6,300 27,326
Accumulated depreciation
At 01 September 2023 10,184 1,504 1,748 13,436
Charge for the financial year 1,928 946 683 3,557
At 31 August 2024 12,112 2,450 2,431 16,993
Net book value
At 31 August 2024 1,101 5,363 3,869 10,333
At 31 August 2023 3,029 6,309 4,552 13,890

4. Stocks

2024 2023
£ £
Work in progress 3,680 9,640

5. Debtors

2024 2023
£ £
Trade debtors 28,437 3,657
Other debtors 7,994 9,509
36,431 13,166

6. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 1,440 1,406
Taxation and social security 23,604 11,812
Other creditors 13,798 27,534
38,842 40,752

7. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 1,236 2,676

There are no amounts included above in respect of which any security has been given by the small entity.