Simon Petrow Tree Services Limited

Registered number

09764591

Filleted Accounts

30 September 2024

Simon Petrow Tree Services Limited
Registered number:		09764591
Balance Sheet
as at 30 September 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		169,386			141,182

Current assets
Debtors	4	24,940			27,285

Creditors: amounts falling due within one year	5	(100,646)			(71,358)

Net current liabilities			(75,706)			(44,073)

Net assets			93,680			97,109

Capital and reserves
Called up share capital			2			2
Profit and loss account			93,678			97,107

Shareholders' funds			93,680			97,109

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




S Petrow
Director
Approved by the board on 3 January 2025

Simon Petrow Tree Services Limited
Notes to the Accounts
for the year ended 30 September 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			2		1


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 October 2023	201,487		51,250		252,737
	Additions	100,551		-		100,551
	Disposals	(30,000)		-		(30,000)
	At 30 September 2024	272,038		51,250		323,288

	Depreciation
	At 1 October 2023	88,947		22,608		111,555
	Charge for the year	36,619		5,728		42,347
	At 30 September 2024	125,566		28,336		153,902

	Net book value
	At 30 September 2024	146,472		22,914		169,386
	At 30 September 2023	112,540		28,642		141,182


4	Debtors			2024		2023
£					£

	Trade debtors			24,940		27,285


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Trade creditors			320		-
	Taxation and social security costs			(2,513)		3,765
	Other creditors			102,839		67,593
				100,646		71,358


6	Other information

	Simon Petrow Tree Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Holly House
	Copthorne Bank
	Copthorne
	RH10 3JH