2 01/10/2023 30/09/2024 2024-09-30 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-10-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 05908276 2023-10-01 2024-09-30 05908276 2024-09-30 05908276 2023-09-30 05908276 2022-10-01 2023-09-30 05908276 2023-09-30 05908276 2022-09-30 05908276 core:NetGoodwill 2023-10-01 2024-09-30 05908276 core:PlantMachinery 2023-10-01 2024-09-30 05908276 core:MotorVehicles 2023-10-01 2024-09-30 05908276 bus:Director1 2023-10-01 2024-09-30 05908276 core:NetGoodwill 2024-09-30 05908276 core:PlantMachinery 2023-09-30 05908276 core:MotorVehicles 2023-09-30 05908276 core:PlantMachinery 2024-09-30 05908276 core:MotorVehicles 2024-09-30 05908276 core:WithinOneYear 2024-09-30 05908276 core:WithinOneYear 2023-09-30 05908276 core:AfterOneYear 2024-09-30 05908276 core:AfterOneYear 2023-09-30 05908276 core:ShareCapital 2024-09-30 05908276 core:ShareCapital 2023-09-30 05908276 core:RetainedEarningsAccumulatedLosses 2024-09-30 05908276 core:RetainedEarningsAccumulatedLosses 2023-09-30 05908276 core:NetGoodwill 2023-09-30 05908276 core:PlantMachinery 2023-09-30 05908276 core:MotorVehicles 2023-09-30 05908276 bus:SmallEntities 2023-10-01 2024-09-30 05908276 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 05908276 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 05908276 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05908276 bus:FullAccounts 2023-10-01 2024-09-30
Company registration number: 05908276
Browns Tree Services Limited
Unaudited filleted financial statements
30 September 2024
Browns Tree Services Limited
Contents
Statement of financial position
Notes to the financial statements
Browns Tree Services Limited
Statement of financial position
30 September 2024
2024 2023
Note £ £ £ £
Fixed assets
Intangible assets 5 - -
Tangible assets 6 112,828 99,423
_______ _______
112,828 99,423
Current assets
Debtors 7 10,562 13,555
Cash at bank and in hand 13,525 23,162
_______ _______
24,087 36,717
Creditors: amounts falling due
within one year 8 ( 3,946) ( 11,698)
_______ _______
Net current assets 20,141 25,019
_______ _______
Total assets less current liabilities 132,969 124,442
Creditors: amounts falling due
after more than one year 9 ( 90,989) ( 88,953)
Provisions for liabilities ( 21,437) ( 18,890)
_______ _______
Net assets 20,543 16,599
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account 20,542 16,598
_______ _______
Shareholders funds 20,543 16,599
_______ _______
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 24 January 2025 , and are signed on behalf of the board by:
Mr Jason Brown
Director
Company registration number: 05908276
Browns Tree Services Limited
Notes to the financial statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is H & M Ltd, The Four Columns, Broughton Hall Business Park, Skipton, North Yorkshire, BD23 3AE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.Tax deferred or accelerated is accounted for in respect of all material timing differences, in particular accelerated capital allowances and revaluation gains on investment properties. All deferred tax is charged/(credited) to the Statement of Income and Retained Earnings.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill - 10 % straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 15 % reducing balance
Motor vehicles - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in a settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.
Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method. Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Intangible assets
Goodwill Total
£ £
Cost
At 1 October 2023 and 30 September 2024 30,000 30,000
_______ _______
Amortisation
At 1 October 2023 and 30 September 2024 30,000 30,000
_______ _______
Carrying amount
At 30 September 2024 - -
_______ _______
At 30 September 2023 - -
_______ _______
6. Tangible assets
Plant and machinery Motor vehicles Total
£ £ £
Cost
At 1 October 2023 215,591 73,734 289,325
Additions 36,545 - 36,545
Disposals ( 24,200) - ( 24,200)
_______ _______ _______
At 30 September 2024 227,936 73,734 301,670
_______ _______ _______
Depreciation
At 1 October 2023 140,310 49,592 189,902
Charge for the year 11,744 6,036 17,780
Disposals ( 18,840) - ( 18,840)
_______ _______ _______
At 30 September 2024 133,214 55,628 188,842
_______ _______ _______
Carrying amount
At 30 September 2024 94,722 18,106 112,828
_______ _______ _______
At 30 September 2023 75,281 24,142 99,423
_______ _______ _______
7. Debtors
2024 2023
£ £
Trade debtors 2,680 6,425
Other debtors 7,882 7,130
_______ _______
10,562 13,555
_______ _______
8. Creditors: amounts falling due within one year
2024 2023
£ £
Corporation tax 2,963 7,265
Social security and other taxes - 3,450
Other creditors 983 983
_______ _______
3,946 11,698
_______ _______
9. Creditors: amounts falling due after more than one year
2024 2023
£ £
Other creditors 90,989 88,953
_______ _______