Silverfin false false 30/06/2024 01/07/2023 30/06/2024 Mr B Repenning 31/10/2023 Mr K Rogers 19/01/2011 Mr K Sacre 16/11/2012 Sir H W Studholme 31/08/2023 17 March 2025 The principal activity of the Company during the financial year was forestry consultancy. 07497755 2024-06-30 07497755 bus:Director1 2024-06-30 07497755 bus:Director2 2024-06-30 07497755 bus:Director3 2024-06-30 07497755 bus:Director4 2024-06-30 07497755 2023-06-30 07497755 core:CurrentFinancialInstruments 2024-06-30 07497755 core:CurrentFinancialInstruments 2023-06-30 07497755 core:Non-currentFinancialInstruments 2024-06-30 07497755 core:Non-currentFinancialInstruments 2023-06-30 07497755 core:ShareCapital 2024-06-30 07497755 core:ShareCapital 2023-06-30 07497755 core:SharePremium 2024-06-30 07497755 core:SharePremium 2023-06-30 07497755 core:RetainedEarningsAccumulatedLosses 2024-06-30 07497755 core:RetainedEarningsAccumulatedLosses 2023-06-30 07497755 core:OfficeEquipment 2023-06-30 07497755 core:OfficeEquipment 2024-06-30 07497755 core:CurrentFinancialInstruments core:Secured 2024-06-30 07497755 core:Non-currentFinancialInstruments core:Secured 2024-06-30 07497755 bus:OrdinaryShareClass1 2024-06-30 07497755 bus:OrdinaryShareClass2 2024-06-30 07497755 bus:OrdinaryShareClass3 2024-06-30 07497755 2023-07-01 2024-06-30 07497755 bus:FilletedAccounts 2023-07-01 2024-06-30 07497755 bus:SmallEntities 2023-07-01 2024-06-30 07497755 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 07497755 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07497755 bus:Director1 2023-07-01 2024-06-30 07497755 bus:Director2 2023-07-01 2024-06-30 07497755 bus:Director3 2023-07-01 2024-06-30 07497755 bus:Director4 2023-07-01 2024-06-30 07497755 core:OfficeEquipment core:TopRangeValue 2023-07-01 2024-06-30 07497755 2022-07-01 2023-06-30 07497755 core:OfficeEquipment 2023-07-01 2024-06-30 07497755 core:CurrentFinancialInstruments 2023-07-01 2024-06-30 07497755 core:Non-currentFinancialInstruments 2023-07-01 2024-06-30 07497755 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 07497755 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 07497755 bus:OrdinaryShareClass2 2023-07-01 2024-06-30 07497755 bus:OrdinaryShareClass2 2022-07-01 2023-06-30 07497755 bus:OrdinaryShareClass3 2023-07-01 2024-06-30 07497755 bus:OrdinaryShareClass3 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 07497755 (England and Wales)

TREECONOMICS LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

TREECONOMICS LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

TREECONOMICS LIMITED

BALANCE SHEET

As at 30 June 2024
TREECONOMICS LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 5,142 7,090
5,142 7,090
Current assets
Debtors 4 184,188 148,169
Cash at bank and in hand 108,787 114,725
292,975 262,894
Creditors: amounts falling due within one year 5 ( 59,442) ( 109,848)
Net current assets 233,533 153,046
Total assets less current liabilities 238,675 160,136
Creditors: amounts falling due after more than one year 6 ( 83,031) ( 96,217)
Provision for liabilities 0 ( 1,300)
Net assets 155,644 62,619
Capital and reserves
Called-up share capital 7 938 750
Share premium account 149,800 0
Profit and loss account 4,906 61,869
Total shareholders' funds 155,644 62,619

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Treeconomics Limited (registered number: 07497755) were approved and authorised for issue by the Board of Directors on 17 March 2025. They were signed on its behalf by:

Mr K Rogers
Director
TREECONOMICS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
TREECONOMICS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Treeconomics Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Exeter Science Park 6 Babbage Way, Clyst Honiton, Exeter, EX5 2FN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax and discounts.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a basis over its expected useful life, as follows:

Office equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 12 9

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 July 2023 23,131 23,131
Additions 1,612 1,612
At 30 June 2024 24,743 24,743
Accumulated depreciation
At 01 July 2023 16,041 16,041
Charge for the financial year 3,560 3,560
At 30 June 2024 19,601 19,601
Net book value
At 30 June 2024 5,142 5,142
At 30 June 2023 7,090 7,090

4. Debtors

2024 2023
£ £
Trade debtors 72,141 98,743
Amounts owed by directors 64,453 35,216
Prepayments 2,363 2,051
Corporation tax 18,119 0
Other debtors 27,112 12,159
184,188 148,169

5. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans (secured £ 24,447) 32,629 42,647
Trade creditors 1,858 1,567
Amounts owed to directors 699 699
Other loans 0 11,222
Accruals 2,000 1,800
Corporation tax 9,905 7,300
Other taxation and social security 12,351 43,429
Other creditors 0 1,184
59,442 109,848

The secured bank loan is secured with a floating charge on the company.

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans (secured £ 73,987) 83,031 96,217

The secured bank loan is secured with a floating charge on the company.

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
450 Ordinary A shares of £ 1.00 each 450 450
300 Ordinary B shares of £ 1.00 each 300 300
188 Ordinary C shares of £ 1.00 each (2023: nil shares) 188 0
938 750

The A, B and C shares carry the same rights and privileges and rank pari passu in all respect. In respect of dividends, the directors are not bound to treat A, B and C ordinary shares in the same manner.

8. Related party transactions

Transactions with the entity's directors

2024 2023
£ £
Amounts owed by Director 1 opening balance 35,216 64,172
Amounts owed by Director 1 movement in year 29,237 (28,956)
Amounts owed by Director 1 closing balance 64,453 35,216

Amounts owed by directors are repayable on demand, interest will be paid to HM Revenue & Customs at the approved rate.