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REGISTERED NUMBER: SC384769 (Scotland)















MB Landscapes (Scotland) Limited

Financial Statements For The Year Ended 31 August 2024






MB Landscapes (Scotland) Limited (Registered number: SC384769)






Contents of the Financial Statements
For The Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

MB Landscapes (Scotland) Limited

Company Information
For The Year Ended 31 August 2024







DIRECTORS: M Bartholomew
Mrs M S Bartholomew





REGISTERED OFFICE: Park House Business Centre
South Street
Elgin
Moray
IV30 1JB





REGISTERED NUMBER: SC384769 (Scotland)





ACCOUNTANTS: The Long Partnership
Park House Centre
South Street
Elgin
IV30 1JB

MB Landscapes (Scotland) Limited (Registered number: SC384769)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 103,488 111,185
Investments 5 50 50
103,538 111,235

CURRENT ASSETS
Debtors 6 24,933 36,819

CREDITORS
Amounts falling due within one year 7 62,796 91,060
NET CURRENT LIABILITIES (37,863 ) (54,241 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,675

56,994

CREDITORS
Amounts falling due after more than one
year

8

(44,015

)

(56,369

)

PROVISIONS FOR LIABILITIES 9 (20,439 ) (22,037 )
NET ASSETS/(LIABILITIES) 1,221 (21,412 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 1,121 (21,512 )
SHAREHOLDERS' FUNDS 1,221 (21,412 )

MB Landscapes (Scotland) Limited (Registered number: SC384769)

Balance Sheet - continued
31 August 2024


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

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

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 21 April 2025 and were signed on its behalf by:





Mrs M S Bartholomew - Director


MB Landscapes (Scotland) Limited (Registered number: SC384769)

Notes to the Financial Statements
For The Year Ended 31 August 2024

1. STATUTORY INFORMATION

MB Landscapes (Scotland) Limited is a private company, limited by shares , registered in Scotland. 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.

The accounts have been prepared on the going concern basis due to the continuing support of the directors..

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Equipment - 33% on reducing balance, 25% on reducing balance and 15% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

MB Landscapes (Scotland) Limited (Registered number: SC384769)

Notes to the Financial Statements - continued
For The Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 September 2023 281,447
Additions 34,327
Disposals (83,170 )
At 31 August 2024 232,604
DEPRECIATION
At 1 September 2023 170,262
Charge for year 19,169
Eliminated on disposal (60,315 )
At 31 August 2024 129,116
NET BOOK VALUE
At 31 August 2024 103,488
At 31 August 2023 111,185

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Equipment
£   
COST
At 1 September 2023 150,217
Additions 31,999
Transfer to ownership (88,167 )
At 31 August 2024 94,049
DEPRECIATION
At 1 September 2023 78,076
Charge for year 9,020
Transfer to ownership (62,756 )
At 31 August 2024 24,340
NET BOOK VALUE
At 31 August 2024 69,709
At 31 August 2023 72,141

MB Landscapes (Scotland) Limited (Registered number: SC384769)

Notes to the Financial Statements - continued
For The Year Ended 31 August 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2023
and 31 August 2024 50
NET BOOK VALUE
At 31 August 2024 50
At 31 August 2023 50

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 23,835 34,115
Other debtors 1,098 2,704
24,933 36,819

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 10,692 24,295
Hire purchase contracts 15,039 12,673
Trade creditors 1,061 9,035
Taxation and social security 21,756 21,735
Other creditors 14,248 23,322
62,796 91,060

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 13,577 24,702
Hire purchase contracts 30,438 22,297
Other creditors - 9,370
44,015 56,369

9. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax 20,439 22,037

MB Landscapes (Scotland) Limited (Registered number: SC384769)

Notes to the Financial Statements - continued
For The Year Ended 31 August 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 September 2023 22,037
Provided during year (1,598 )
Balance at 31 August 2024 20,439

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 September 2023 (21,512 )
Profit for the year 45,133
Dividends (22,500 )
At 31 August 2024 1,121

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £22,500 were paid to the directors .

M Bartholomew and Mrs M S Bartholomew

are directors in the company


Included in other creditors is an interest free directors loan. No repayment terms have been agreed.

31.8.24 31.8.23
£    £   
Amount due (to)/from related party at the balance sheet date (262 ) 1,607

13. ULTIMATE CONTROLLING PARTY

The company was under the joint control of Mr and Mrs Bartholomew throughout the current and previous year.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
MB Landscapes (Scotland) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MB Landscapes (Scotland) Limited for the year ended 31 August 2024 which comprise the Income Statement, 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of MB Landscapes (Scotland) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of MB Landscapes (Scotland) Limited and state those matters that we have agreed to state to the Board of Directors of MB Landscapes (Scotland) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MB Landscapes (Scotland) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that MB Landscapes (Scotland) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MB Landscapes (Scotland) Limited. You consider that MB Landscapes (Scotland) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of MB Landscapes (Scotland) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Long Partnership
Park House Centre
South Street
Elgin
IV30 1JB


21 April 2025