Registered number
SC771443
Garden Wright Services Ltd
Filleted Accounts
30 June 2024
Garden Wright Services Ltd
Registered number: SC771443
Balance Sheet
as at 30 June 2024
Notes 2024
£
Fixed assets
Tangible assets 3 3,529
Current assets
Cash at bank and in hand 1,290
Creditors: amounts falling due within one year 4 (1,041)
Net current assets 249
Net assets 3,778
Capital and reserves
Called up share capital 2
Profit and loss account 3,776
Shareholders' funds 3,778
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
L Hamilton
Director
Approved by the board on 12 February 2025
Garden Wright Services Ltd
Notes to the Accounts
for the period from 2 June 2023 to 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 rendering of services and 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:
Plant and machinery 20% by Reducing Balance Method
Vehicles 25% by Reducing Balance Method
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2024
Number
Average number of persons employed by the company 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
Additions 2,162 1,750 3,912
At 30 June 2024 2,162 1,750 3,912
Depreciation
Charge for the period 347 36 383
At 30 June 2024 347 36 383
Net book value
At 30 June 2024 1,815 1,714 3,529
4 Creditors: amounts falling due within one year 2024
£
Taxation and social security costs 175
Other creditors 866
1,041
5 Other information
Garden Wright Services Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
29 Hendry Crescent
Kirkcaldy
Fife
KY2 5UA
Garden Wright Services Ltd SC771443 false 2023-06-02 2024-06-30 2024-06-30 VT Final Accounts July 2024 L Hamilton No description of principal activity SC771443 2023-06-02 2024-06-30 SC771443 bus:PrivateLimitedCompanyLtd 2023-06-02 2024-06-30 SC771443 bus:AuditExemptWithAccountantsReport 2023-06-02 2024-06-30 SC771443 bus:Director40 2023-06-02 2024-06-30 SC771443 1 2023-06-02 2024-06-30 SC771443 2 2023-06-02 2024-06-30 SC771443 core:PlantMachinery 2023-06-02 2024-06-30 SC771443 core:Vehicles 2023-06-02 2024-06-30 SC771443 countries:England 2023-06-02 2024-06-30 SC771443 bus:FRS102 2023-06-02 2024-06-30 SC771443 bus:FilletedAccounts 2023-06-02 2024-06-30 SC771443 2024-06-30 SC771443 core:WithinOneYear 2024-06-30 SC771443 core:ShareCapital 2024-06-30 SC771443 core:RetainedEarningsAccumulatedLosses 2024-06-30 SC771443 core:PlantMachinery 2024-06-30 SC771443 core:Vehicles 2024-06-30 SC771443 2023-06-01 iso4217:GBP xbrli:pure