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REGISTERED NUMBER: 04593298 (England and Wales)























Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Olive Branch Landscapes Limited

Olive Branch Landscapes Limited (Registered number: 04593298)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Olive Branch Landscapes Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mr D M Olive





REGISTERED OFFICE: BTC House
Chapel Hill
Longridge
Lancashire
PR3 3JY





REGISTERED NUMBER: 04593298 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

Olive Branch Landscapes Limited (Registered number: 04593298)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 14,883 9,417
14,883 9,417

CURRENT ASSETS
Stocks 600 600
Debtors 6 5,678 10,615
Cash at bank and in hand 12,881 13,478
19,159 24,693
CREDITORS
Amounts falling due within one year 7 10,090 10,807
NET CURRENT ASSETS 9,069 13,886
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,952

23,303

CREDITORS
Amounts falling due after more than one
year

8

(8,750

)

(3,361

)

PROVISIONS FOR LIABILITIES (2,828 ) (1,463 )
NET ASSETS 12,374 18,479

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 12,372 18,477
12,374 18,479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Olive Branch Landscapes Limited (Registered number: 04593298)

Statement of Financial Position - continued
31 December 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 director and authorised for issue on 20 March 2025 and were signed by:





Mr D M Olive - Director


Olive Branch Landscapes Limited (Registered number: 04593298)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Olive Branch 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

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

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Olive Branch Landscapes Limited (Registered number: 04593298)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 15,000 25,491 40,491
AMORTISATION
At 1 January 2024
and 31 December 2024 15,000 25,491 40,491
NET BOOK VALUE
At 31 December 2024 - - -
At 31 December 2023 - - -

Olive Branch Landscapes Limited (Registered number: 04593298)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 3,125 27,490 3,594 34,209
Additions 2,465 10,000 - 12,465
Disposals (386 ) - - (386 )
At 31 December 2024 5,204 37,490 3,594 46,288
DEPRECIATION
At 1 January 2024 809 21,287 2,696 24,792
Charge for year 668 5,105 898 6,671
Eliminated on disposal (58 ) - - (58 )
At 31 December 2024 1,419 26,392 3,594 31,405
NET BOOK VALUE
At 31 December 2024 3,785 11,098 - 14,883
At 31 December 2023 2,316 6,203 898 9,417

The NBV of the assets held under hire purchase comes to £8,000 at 31st December 2024.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 5,678 10,615

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Tax 1,124 1,872
Social security and other taxes 544 535
VAT 4,957 6,008
Directors' loan accounts 2,265 1,191
Accrued expenses 1,200 1,201
10,090 10,807

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts (see note 9) 8,750 3,361

Olive Branch Landscapes Limited (Registered number: 04593298)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.12.24 31.12.23
£    £   
Net obligations repayable:
Between one and five years 8,750 3,361

Non-cancellable operating leases
31.12.24 31.12.23
£    £   
Within one year 3,000 -
Between one and five years 5,750 -
8,750 -

10. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Hire purchase contracts 8,750 -