Registered number
07267935
Alan Brind Tree Services Ltd
Unaudited Filleted Accounts
28 May 2024
Alan Brind Tree Services Ltd
Report and accounts
Contents
Page
Company information 1
Directors' report 2
Chartered Accountants' report 3
Balance sheet 4
Notes to the accounts 5
Alan Brind Tree Services Ltd
Company Information
Directors
L D Madden
D P Ryder
Accountants
Cochrane & Co Accountants Limited
38 Kings Road
Lee-on-the-Solent
Hampshire
PO13 9NU
Registered office
Unit 20
Mitchell Close
Fareham
PO15 5SE
Registered number
07267935
Alan Brind Tree Services Ltd
Registered number: 07267935
Directors' Report
The directors present their report and accounts for the year ended 28 May 2024.
Principal activities
The company's principal activity during the period was that of tree surgeons.
Directors
The following persons served as directors during the year:
L D Madden
D P Ryder
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 27 February 2025 and signed on its behalf.
D P Ryder
Director
Alan Brind Tree Services Ltd
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Alan Brind Tree Services Ltd for the year ended 28 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Alan Brind Tree Services Ltd for the year ended 28 May 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
www.icaew.com/en/members/regulations-standards-and-guidance
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.
Cochrane & Co Accountants Limited
Chartered Accountants
38 Kings Road
Lee-on-the-Solent
Hampshire
PO13 9NU
27 February 2025
Alan Brind Tree Services Ltd
Registered number: 07267935
Balance Sheet
as at 28 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 27,778 44,316
Current assets
Stocks 2,000 2,000
Debtors 5 21,646 19,900
Cash at bank and in hand 18,668 12,121
42,314 34,021
Creditors: amounts falling due within one year 6 (88,621) (82,168)
Net current liabilities (46,307) (48,147)
Total assets less current liabilities (18,529) (3,831)
Creditors: amounts falling due after more than one year 7 (30,124) (40,433)
Net liabilities (48,653) (44,264)
Capital and reserves
Called up share capital 100 100
Profit and loss account (48,753) (44,364)
Shareholders' funds (48,653) (44,264)
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.
D P Ryder
Director
Approved by the board on 27 February 2025
Alan Brind Tree Services Ltd
Notes to the Accounts
for the year ended 28 May 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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
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, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
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. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
Going concern
Despite the negative net asset position, trading since the year end has improved significantly. As such the accounts are prepared on a going concern basis. The director believes the deficit will be addressed in the coming year.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 6 6
3 Intangible fixed assets £
Goodwill:
Cost
At 29 May 2023 11,120
At 28 May 2024 11,120
Amortisation
At 29 May 2023 11,120
At 28 May 2024 11,120
Net book value
At 28 May 2024 -
Goodwill has been written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 29 May 2023 129,021
Additions 3,787
At 28 May 2024 132,808
Depreciation
At 29 May 2023 84,705
Charge for the year 20,325
At 28 May 2024 105,030
Net book value
At 28 May 2024 27,778
At 28 May 2023 44,316
5 Debtors 2024 2023
£ £
Trade debtors 13,838 12,190
Other debtors 7,808 7,710
21,646 19,900
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 4,793 4,676
Obligations under finance lease and hire purchase contracts 5,399 5,399
Trade creditors 5,715 5,976
Taxation and social security costs 19,414 18,031
Other creditors 53,300 48,086
88,621 82,168
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 26,569 31,479
Obligations under finance lease and hire purchase contracts 3,555 8,954
30,124 40,433
8 Loans 2024 2023
£ £
Creditors include:
Instalments falling due for payment after more than five years 12,775 12,775
9 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
D P Ryder
DCA 3,976 3,653 (3,976) 3,653
3,976 3,653 (3,976) 3,653
10 Controlling party
There is no controlling party.
11 Other information
Alan Brind Tree Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 20
Mitchell Close
Fareham
PO15 5SE
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