Company Registration No. 13500810 (England and Wales)
Charlie's Trees And Stumps Ltd
Unaudited accounts
for the year ended 31 July 2024
Charlie's Trees And Stumps Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
26,157
26,868
Cash at bank and in hand
5,521
-
Creditors: amounts falling due within one year
(7,216)
(5,851)
Net current assets
8,718
119
Total assets less current liabilities
34,875
26,987
Creditors: amounts falling due after more than one year
(11,253)
(17,229)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
18,826
8,774
Shareholders' funds
18,827
8,775
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 April 2025 and were signed on its behalf by
Charles Anthony Towse
Director
Company Registration No. 13500810
Charlie's Trees And Stumps Ltd
Notes to the Accounts
for the year ended 31 July 2024
Charlie's Trees And Stumps Ltd is a private company, limited by shares, registered in England and Wales, registration number 13500810. The registered office is 16 Beech Close, Hardwicke, Gloucester, Gloucestershire, GL2 4YE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on the reducing balance
Motor vehicles
25% on the reducing balance
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 accounts. 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 current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Charlie's Trees And Stumps Ltd
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
11,330
19,995
31,325
At 31 July 2024
18,505
19,995
38,500
At 1 August 2023
1,958
2,499
4,457
Charge for the year
3,512
4,374
7,886
At 31 July 2024
5,470
6,873
12,343
At 31 July 2024
13,035
13,122
26,157
At 31 July 2023
9,372
17,496
26,868
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
-
8,283
Amounts falling due within one year
Other debtors
10,413
5,720
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
6,416
5,851
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,253
16,631
Taxes and social security
-
598
Charlie's Trees And Stumps Ltd
Notes to the Accounts
for the year ended 31 July 2024
8
Operating lease commitments
2024
2023
At 31 July 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
4,736
4,736
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
5,720
10,413
5,720
10,413
5,720
10,413
5,720
10,413
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).