Acorah Software Products - Accounts Production 16.1.200 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 04910572 Mr Simon Cruickshank Mrs Hazel Cruickshank Mr Paul Cruickshank Mrs Hazel Cruickshank Simon Cruickshank The Old Queens Head, Lower Tharston, Tharston, Norfolk, United Kingdom, NR15 2AF true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04910572 2023-10-31 04910572 2024-10-31 04910572 2023-11-01 2024-10-31 04910572 frs-core:CurrentFinancialInstruments 2024-10-31 04910572 frs-core:ComputerEquipment 2024-10-31 04910572 frs-core:ComputerEquipment 2023-11-01 2024-10-31 04910572 frs-core:ComputerEquipment 2023-10-31 04910572 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 04910572 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 04910572 frs-core:MotorVehicles 2024-10-31 04910572 frs-core:MotorVehicles 2023-11-01 2024-10-31 04910572 frs-core:MotorVehicles 2023-10-31 04910572 frs-core:PlantMachinery 2024-10-31 04910572 frs-core:PlantMachinery 2023-11-01 2024-10-31 04910572 frs-core:PlantMachinery 2023-10-31 04910572 frs-core:ShareCapital 2024-10-31 04910572 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 04910572 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04910572 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 04910572 frs-bus:SmallEntities 2023-11-01 2024-10-31 04910572 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 04910572 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 04910572 1 2023-11-01 2024-10-31 04910572 frs-bus:Director1 2023-11-01 2024-10-31 04910572 frs-bus:Director2 2023-11-01 2024-10-31 04910572 frs-bus:Director3 2023-11-01 2024-10-31 04910572 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 04910572 frs-countries:EnglandWales 2023-11-01 2024-10-31 04910572 2022-10-31 04910572 2023-10-31 04910572 2022-11-01 2023-10-31 04910572 frs-core:CurrentFinancialInstruments 2023-10-31 04910572 frs-core:ShareCapital 2023-10-31 04910572 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 04910572
Simon's Landscaping Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
GLX Accounting Limited
Chartered Accountants
69-75 Thorpe Road
Norwich
Norfolk
NR1 1UA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04910572
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 705,932
- 705,932
CURRENT ASSETS
Stocks 5 55,825 89,472
Debtors 6 621,713 749,167
Cash at bank and in hand 937,796 1,098,599
1,615,334 1,937,238
Creditors: Amounts Falling Due Within One Year 7 (376,341 ) (197,166 )
NET CURRENT ASSETS (LIABILITIES) 1,238,993 1,740,072
TOTAL ASSETS LESS CURRENT LIABILITIES 1,238,993 2,446,004
NET ASSETS 1,238,993 2,446,004
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,238,893 2,445,904
SHAREHOLDERS' FUNDS 1,238,993 2,446,004
Page 1
Page 2
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Simon Cruickshank
Director
24th January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Simon's Landscaping Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04910572 . The registered office is The Old Queens Head, Bungay Road, Tharston, Norfolk, NR15 2YL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No depreciation
Leasehold No depreciation
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 10% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 30 (2023: 30)
30 30
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 1,047,362 781,408 21,294 1,850,064
Additions 98,982 57,178 - 156,160
Disposals (1,146,344 ) (838,586 ) (21,294 ) (2,006,224 )
As at 31 October 2024 - - - -
Depreciation
As at 1 November 2023 673,108 458,293 12,731 1,144,132
Provided during the period 51,174 68,311 714 120,199
Disposals (724,282 ) (526,604 ) (13,445 ) (1,264,331 )
As at 31 October 2024 - - - -
Net Book Value
As at 31 October 2024 - - - -
As at 1 November 2023 374,254 323,115 8,563 705,932
5. Stocks
2024 2023
£ £
Materials 11,145 12,645
Work in progress 44,680 76,827
55,825 89,472
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 148,344 78,124
Prepayments and accrued income - 994
Other debtors 3,057 -
Amounts owed by associates 470,312 670,049
621,713 749,167
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 97,787 40,006
Other taxes and social security 74,890 97,675
VAT 198,664 50,870
Other creditors - 2,615
Accruals and deferred income 5,000 6,000
376,341 197,166
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Group Companies
The company has taken advantage of the exemption under FRS 102 Section 33.1A, which permits wholly owned group members to omit the disclosure of transactions with other group companies, provided all entities are wholly owned within the group.
Common Control
Included within debtors is an amount of £470,312 (2023: £670,049) owed by companies deemed related by virtue of common control. These companies are under common control due to common ownership and also due to the control of a family member.
The directors confirm that these transactions were conducted at arm's length and are satisfied that they represent fair value.
10. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Simon's Landscaping Holding Limited . Simon's Landscaping Holding Limited was incorporated in England. & Wales. The ultimate controlling party is Simon Cruickshank by virtue of their shareholding in Simon's Landscaping Holdings Limited.
Page 5