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REGISTERED NUMBER: 01295902 (England and Wales)















LANES LANDSCAPES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






LANES LANDSCAPES LIMITED (REGISTERED NUMBER: 01295902)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LANES LANDSCAPES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: A W Lane
J Lane
C Lane



SECRETARY: J Lane



REGISTERED OFFICE: New Moss Road
Cadishead
Manchester
M44 5JT



REGISTERED NUMBER: 01295902 (England and Wales)



BANKERS: NatWest
Culcheth Branch
446 Warrington Road
Culcheth
Cheshire
WA3 5QS

LANES LANDSCAPES LIMITED (REGISTERED NUMBER: 01295902)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 116,749 137,581

CURRENT ASSETS
Stocks 221,823 228,440
Debtors 5 935,364 996,596
Cash at bank 332,544 140,789
1,489,731 1,365,825
CREDITORS
Amounts falling due within one year 6 1,052,169 931,762
NET CURRENT ASSETS 437,562 434,063
TOTAL ASSETS LESS CURRENT
LIABILITIES

554,311

571,644

PROVISIONS FOR LIABILITIES 29,187 34,395
NET ASSETS 525,124 537,249

CAPITAL AND RESERVES
Called up share capital 7 79,800 79,800
Profit and loss account 445,324 457,449
SHAREHOLDERS' FUNDS 525,124 537,249

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

LANES LANDSCAPES LIMITED (REGISTERED NUMBER: 01295902)

BALANCE SHEET - continued
30 JUNE 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 30 January 2025 and were signed on its behalf by:




A W Lane - Director



C Lane - Director


LANES LANDSCAPES LIMITED (REGISTERED NUMBER: 01295902)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Lanes Landscapes 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 the amount receivable for goods and services provided during the year, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold improvements - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

In respect of work-in-progress and finished goods, cost includes all production overheads and the attributable proportion of indirect overheads.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

LANES LANDSCAPES LIMITED (REGISTERED NUMBER: 01295902)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 21 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
improvements machinery fittings
£    £    £   
COST
At 1 July 2023 79,915 441,562 21,268
Additions - 4,125 159
Disposals - - -
At 30 June 2024 79,915 445,687 21,427
DEPRECIATION
At 1 July 2023 79,915 350,867 20,089
Charge for year - 22,797 308
Eliminated on disposal - - -
At 30 June 2024 79,915 373,664 20,397
NET BOOK VALUE
At 30 June 2024 - 72,023 1,030
At 30 June 2023 - 90,695 1,179

LANES LANDSCAPES LIMITED (REGISTERED NUMBER: 01295902)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 143,300 67,346 753,391
Additions - 12,822 17,106
Disposals - (10,062 ) (10,062 )
At 30 June 2024 143,300 70,106 760,435
DEPRECIATION
At 1 July 2023 106,485 58,454 615,810
Charge for year 9,204 4,684 36,993
Eliminated on disposal - (9,117 ) (9,117 )
At 30 June 2024 115,689 54,021 643,686
NET BOOK VALUE
At 30 June 2024 27,611 16,085 116,749
At 30 June 2023 36,815 8,892 137,581

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 509,462 550,688
Other debtors 330,000 318,000
Corporation tax recoverable 22,750 22,750
Prepayments and accrued income 73,152 105,158
935,364 996,596

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 500,051 362,514
Corporation tax 72,988 48,910
Social security and other taxes 116,375 142,945
Other creditors 717 843
Amounts due to group undertaking 340,449 324,614
Directors' loan accounts 490 625
Accrued expenses 21,099 51,311
1,052,169 931,762

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
79,800 Ordinary £1 79,800 79,800

8. RELATED PARTY DISCLOSURES

LANES LANDSCAPES LIMITED (REGISTERED NUMBER: 01295902)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. RELATED PARTY DISCLOSURES - continued

The company is a wholly owned subsidiary of Lanes Landscapes (Holdings) Limited. The registered office and principal place of business of the parent company is New Moss Road, Cadishead, Manchester, M44 5JT.