| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 29 May 2024 |
| for |
| COSMOS LANDSCAPES LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 29 May 2024 |
| for |
| COSMOS LANDSCAPES LIMITED |
| COSMOS LANDSCAPES LIMITED (REGISTERED NUMBER: 10751610) |
| Contents of the Financial Statements |
| for the year ended 29 May 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Accountants' Report | 5 |
| COSMOS LANDSCAPES LIMITED |
| Company Information |
| for the year ended 29 May 2024 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| Aissela |
| 46 High Street |
| Esher |
| Surrey |
| KT10 9QY |
| COSMOS LANDSCAPES LIMITED (REGISTERED NUMBER: 10751610) |
| Balance Sheet |
| 29 May 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| Current assets |
| Debtors | 4 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 5 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital | 6 |
| Retained earnings | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| 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. |
| The financial statements were approved by the director and authorised for issue on |
| COSMOS LANDSCAPES LIMITED (REGISTERED NUMBER: 10751610) |
| Notes to the Financial Statements |
| for the year ended 29 May 2024 |
| 1. | Statutory information |
| Cosmos Landscapes Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
| The director has reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment in respect of adopting the going concern basis in preparing these financial statements. In particular, in response to the Covid19 pandemic, the director has 'stressed' their cash flow analysis to take into account the impact on their business of possible scenarios brought on by the impact of Covid19, alongside the measures that they can take to mitigate the impact. |
| Whilst the year end balance sheet shows net liabilities of £608 (2019 net assets: £1,234), the directors are confident that, due to improved profitability in the subsequent accounting period, the company will continue to be able to settle its ongoing liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements. |
| Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts. |
| Key source of estimation, uncertainty and judgement |
| The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| COSMOS LANDSCAPES LIMITED (REGISTERED NUMBER: 10751610) |
| Notes to the Financial Statements - continued |
| for the year ended 29 May 2024 |
| 2. | Accounting policies - continued |
| Financial instruments |
| Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument. |
| Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due. |
| Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts. |
| Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| 4. | Debtors: amounts falling due within one year |
| 2024 | 2023 |
| £ | £ |
| Prepayments and accrued income |
| 5. | Creditors: amounts falling due within one year |
| 2024 | 2023 |
| £ | £ |
| Directors' current accounts | 13,718 | 16,510 |
| Accruals and deferred income |
| 6. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2024 | 2023 |
| value: | £ | £ |
| Ordinary | 0.01 | 1 | 1 |
| Accountants' Report to the Director |
| on the Unaudited Financial Statements of |
| Cosmos Landscapes Limited |
| The following reproduces the text of the report prepared for the director 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 Director 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 Cosmos Landscapes Limited for the year ended 29 May 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
| This report is made solely to the director of Cosmos Landscapes Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cosmos Landscapes Limited and state those matters that we have agreed to state to the director of Cosmos Landscapes Limited in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
| It is your duty to ensure that Cosmos Landscapes 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 Cosmos Landscapes Limited. You consider that Cosmos Landscapes 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 Cosmos Landscapes 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. |
| Aissela |
| 46 High Street |
| Esher |
| Surrey |
| KT10 9QY |