Mitchell Landscaping and Ground Care Ltd SC530421 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is the provision of landscaping services. Digita Accounts Production Advanced 6.30.9574.0 true SC530421 2024-04-01 2025-03-31 SC530421 2025-03-31 SC530421 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC530421 core:ShareCapital 2025-03-31 SC530421 core:CurrentFinancialInstruments 2025-03-31 SC530421 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 SC530421 core:FurnitureFittingsToolsEquipment 2025-03-31 SC530421 core:MotorVehicles 2025-03-31 SC530421 core:OtherPropertyPlantEquipment 2025-03-31 SC530421 bus:SmallEntities 2024-04-01 2025-03-31 SC530421 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC530421 bus:FilletedAccounts 2024-04-01 2025-03-31 SC530421 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC530421 bus:RegisteredOffice 2024-04-01 2025-03-31 SC530421 bus:Director2 2024-04-01 2025-03-31 SC530421 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC530421 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 SC530421 core:MotorVehicles 2024-04-01 2025-03-31 SC530421 core:OfficeEquipment 2024-04-01 2025-03-31 SC530421 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 SC530421 core:PlantMachinery 2024-04-01 2025-03-31 SC530421 countries:Scotland 2024-04-01 2025-03-31 SC530421 2024-03-31 SC530421 core:FurnitureFittingsToolsEquipment 2024-03-31 SC530421 core:MotorVehicles 2024-03-31 SC530421 core:OtherPropertyPlantEquipment 2024-03-31 SC530421 2023-04-01 2024-03-31 SC530421 2024-03-31 SC530421 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC530421 core:ShareCapital 2024-03-31 SC530421 core:CurrentFinancialInstruments 2024-03-31 SC530421 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 SC530421 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2024-03-31 SC530421 core:FurnitureFittingsToolsEquipment 2024-03-31 SC530421 core:MotorVehicles 2024-03-31 SC530421 core:OtherPropertyPlantEquipment 2024-03-31 SC530421 core:PreviouslyStatedAmount 2024-03-31 iso4217:GBP xbrli:pure

Registration number: SC530421

Mitchell Landscaping and Ground Care Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Mitchell Landscaping and Ground Care Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

Mitchell Landscaping and Ground Care Ltd

(Registration number: SC530421)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

36,076

32,267

Current assets

 

Debtors

5

12,432

11,456

Cash at bank and in hand

 

28,463

16,683

 

40,895

28,139

Creditors: Amounts falling due within one year

6

(22,417)

(26,938)

Net current assets

 

18,478

1,201

Total assets less current liabilities

 

54,554

33,468

Provisions for liabilities

(6,854)

(6,131)

Net assets

 

47,700

27,337

Capital and reserves

 

Called up share capital

100

100

Retained earnings

47,600

27,237

Shareholders' funds

 

47,700

27,337

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 July 2025 and signed on its behalf by:
 

.........................................
Philip John Mitchell
Director

 

Mitchell Landscaping and Ground Care Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
17 Forth Wynd
Port Seton
East Lothian
EH32 0TL

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Mitchell Landscaping and Ground Care Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% straight line

Van

25% reducing balance

Office equipment

25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Mitchell Landscaping and Ground Care Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

 

Mitchell Landscaping and Ground Care Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 April 2024

2,504

22,375

105,161

130,040

Additions

-

16,500

4,023

20,523

At 31 March 2025

2,504

38,875

109,184

150,563

Depreciation

At 1 April 2024

2,504

9,672

85,597

97,773

Charge for the year

-

7,301

9,413

16,714

At 31 March 2025

2,504

16,973

95,010

114,487

Carrying amount

At 31 March 2025

-

21,902

14,174

36,076

At 31 March 2024

-

12,703

19,564

32,267

5

Debtors

Current

2025
£

2024
£

Trade debtors

12,432

11,456

 

12,432

11,456

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Hire purchase creditor

2,447

6,117

Directors loan

1,752

14,246

Taxation and social security

 

7,710

4,054

Other creditors

 

10,508

2,521

 

22,417

26,938