Company Registration No. 11050964 (England and Wales)
A ROOM IN THE GARDEN LTD
Unaudited accounts
for the year ended 30 November 2024
A ROOM IN THE GARDEN LTD
Unaudited accounts
Contents
A ROOM IN THE GARDEN LTD
Company Information
for the year ended 30 November 2024
Directors
IVANA CAVALLO
LUKASZ BRZOZOWSKI
Company Number
11050964 (England and Wales)
Registered Office
66 BOUNDARY ROAD
HOVE
BN3 5TD
ENGLAND
Accountants
SM Accounts Ltd
Unit 47H Passfield Business Centre
Lynchborough Road
Passfield
GU30 7SB
A ROOM IN THE GARDEN LTD
Statement of financial position
as at 30 November 2024
Called up share capital not paid
-
(2)
Tangible assets
65,265
76,320
Cash at bank and in hand
71,708
229,907
Creditors: amounts falling due within one year
(116,751)
(144,756)
Net current assets
109,267
147,396
Total assets less current liabilities
174,532
223,714
Creditors: amounts falling due after more than one year
(4,680)
(40,132)
Net assets
169,852
183,582
Called up share capital
1
1
Profit and loss account
169,851
183,581
Shareholders' funds
169,852
183,582
For the year ending 30 November 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 11 July 2025 and were signed on its behalf by
IVANA CAVALLO
Director
Company Registration No. 11050964
A ROOM IN THE GARDEN LTD
Notes to the Accounts
for the year ended 30 November 2024
A ROOM IN THE GARDEN LTD is a private company, limited by shares, registered in England and Wales, registration number 11050964. The registered office is 66 BOUNDARY ROAD, HOVE, BN3 5TD, 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.
These financial statements for the year ended 30 November 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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.
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:
Computer equipment
5 Years RB
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
A ROOM IN THE GARDEN LTD
Notes to the Accounts
for the year ended 30 November 2024
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Land & buildings
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
25,000
46,027
10,635
81,662
Additions
-
23,711
-
23,711
Disposals
-
(23,523)
-
(23,523)
At 30 November 2024
25,000
46,215
10,635
81,850
At 1 December 2023
-
3,215
2,127
5,342
Charge for the year
-
9,116
2,127
11,243
At 30 November 2024
-
12,331
4,254
16,585
At 30 November 2024
25,000
33,884
6,381
65,265
At 30 November 2023
25,000
42,812
8,508
76,320
Amounts falling due within one year
Trade debtors
41,633
21,367
Deferred tax asset
3,400
515
Accrued income and prepayments
14,303
16,210
Other debtors
49,974
15,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,320
10,560
Obligations under finance leases and hire purchase contracts
9,264
13,212
Trade creditors
13,440
12,650
Taxes and social security
6,357
16,434
Loans from directors
370
2,302
Deferred income
63,761
61,251
A ROOM IN THE GARDEN LTD
Notes to the Accounts
for the year ended 30 November 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
25,692
8
Average number of employees
During the year the average number of employees was 8 (2023: 11).