Company Registration No. 14270336 (England and Wales)
Ideal Building & Landscapes Ltd
Unaudited accounts
for the year ended 31 August 2024
Ideal Building & Landscapes Ltd
Unaudited accounts
Contents
Ideal Building & Landscapes Ltd
Company Information
for the year ended 31 August 2024
Directors
Samuel John Gill
Michael John Gill
Company Number
14270336 (England and Wales)
Registered Office
55 SHAWHURST LANE
HOLLYWOOD
BIRMINGHAM
B47 5HL
ENGLAND
Accountants
Perfect Balance Accounting
63 Micklehill Drive
Solihull
West Midlands
B90 2PU
Ideal Building & Landscapes Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
28,017
36,157
Cash at bank and in hand
69,655
12,039
Creditors: amounts falling due within one year
(113,786)
(112,316)
Net current assets
12,658
18,166
Total assets less current liabilities
40,675
54,323
Creditors: amounts falling due after more than one year
(26,674)
(34,107)
Called up share capital
2
2
Capital contribution reserve
(67,941)
-
Profit and loss account
81,940
20,214
Shareholders' funds
14,001
20,216
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 31 May 2025 and were signed on its behalf by
Samuel John Gill
Director
Company Registration No. 14270336
Ideal Building & Landscapes Ltd
Notes to the Accounts
for the year ended 31 August 2024
Ideal Building & Landscapes Ltd is a private company, limited by shares, registered in England and Wales, registration number 14270336. The registered office is 55 SHAWHURST LANE, HOLLYWOOD, BIRMINGHAM, B47 5HL, 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.
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
20% Reducing Balance
Motor vehicles
25% Reducing Balance
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
32,995
45,600
-
78,595
At 31 August 2024
32,995
45,600
316
78,911
At 1 September 2023
21,327
21,111
-
42,438
Charge for the year
2,334
6,122
-
8,456
At 31 August 2024
23,661
27,233
-
50,894
At 31 August 2024
9,334
18,367
316
28,017
At 31 August 2023
11,668
24,489
-
36,157
Ideal Building & Landscapes Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
36,061
71,256
Other debtors
20,728
47,187
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
40,077
42,253
Taxes and social security
38,198
39,215
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
12,403
15,754
Loans from directors
3,324
-
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).