Landscope Scotland Ltd SC585512 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is landscaping services Digita Accounts Production Advanced 6.30.9574.0 true true SC585512 2024-02-01 2025-01-31 SC585512 2025-01-31 SC585512 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-01-31 SC585512 core:CurrentFinancialInstruments 2025-01-31 SC585512 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 SC585512 core:Non-currentFinancialInstruments 2025-01-31 SC585512 core:Non-currentFinancialInstruments core:AfterOneYear 2025-01-31 SC585512 core:FurnitureFittingsToolsEquipment 2025-01-31 SC585512 core:OtherPropertyPlantEquipment 2025-01-31 SC585512 bus:SmallEntities 2024-02-01 2025-01-31 SC585512 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 SC585512 bus:FilletedAccounts 2024-02-01 2025-01-31 SC585512 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 SC585512 bus:RegisteredOffice 2024-02-01 2025-01-31 SC585512 bus:Director1 2024-02-01 2025-01-31 SC585512 bus:Director2 2024-02-01 2025-01-31 SC585512 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-02-01 2025-01-31 SC585512 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC585512 core:FurnitureFittingsToolsEquipment 2024-02-01 2025-01-31 SC585512 core:OtherPropertyPlantEquipment 2024-02-01 2025-01-31 SC585512 countries:Scotland 2024-02-01 2025-01-31 SC585512 2024-01-31 SC585512 core:FurnitureFittingsToolsEquipment 2024-01-31 SC585512 core:OtherPropertyPlantEquipment 2024-01-31 SC585512 2023-02-01 2024-01-31 SC585512 2024-01-31 SC585512 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-01-31 SC585512 core:CurrentFinancialInstruments 2024-01-31 SC585512 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 SC585512 core:Non-currentFinancialInstruments 2024-01-31 SC585512 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 SC585512 core:FurnitureFittingsToolsEquipment 2024-01-31 SC585512 core:OtherPropertyPlantEquipment 2024-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: SC585512

Landscope Scotland Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2025

 

Landscope Scotland Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 8

 

Landscope Scotland Ltd

Company Information

Directors

Mr Brian Lallaway

Mrs Zahira Lallaway

Registered office

8 Glen Lochay Gardens
Cumbernauld
G68 0DY

Accountants

Clyde Business Services
159 King Street
Glasgow
Lanarkshire
G73 1BZ

 

Landscope Scotland Ltd

(Registration number: SC585512)
Balance Sheet as at 31 January 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

154,979

192,399

Current assets

 

Stocks

5

7,500

7,500

Debtors

6

-

2,113

Cash at bank and in hand

 

91,063

91,147

 

98,563

100,760

Creditors: Amounts falling due within one year

7

(34,271)

(44,432)

Net current assets

 

64,292

56,328

Total assets less current liabilities

 

219,271

248,727

Creditors: Amounts falling due after more than one year

7

(20,000)

(30,000)

Net assets

 

199,271

218,727

Capital and reserves

 

Called up share capital

8

2

2

Retained earnings

199,269

218,725

Shareholders' funds

 

199,271

218,727

For the financial year ending 31 January 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 30 July 2025 and signed on its behalf by:
 

.........................................
Mr Brian Lallaway
Director

 

Landscope Scotland Ltd

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

1

General information

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

The address of its registered office is:
8 Glen Lochay Gardens
Cumbernauld
G68 0DY
Scotland

These financial statements were authorised for issue by the Board on 30 July 2025.

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.

Going concern

The financial statements have been prepared on a going concern basis.

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 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.

 

Landscope Scotland Ltd

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

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.

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

machinery & equipment

20% reducing balance

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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

 

Landscope Scotland Ltd

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

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.

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 10 (2024 - 10).

 

Landscope Scotland Ltd

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

4

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 February 2024

4,462

292,462

296,924

Additions

1,325

-

1,325

At 31 January 2025

5,787

292,462

298,249

Depreciation

At 1 February 2024

3,257

101,268

104,525

Charge for the year

506

38,239

38,745

At 31 January 2025

3,763

139,507

143,270

Carrying amount

At 31 January 2025

2,024

152,955

154,979

At 31 January 2024

1,205

191,194

192,399

5

Stocks

2025
£

2024
£

Finished goods and goods for resale

7,500

7,500

6

Debtors

Current

2025
£

2024
£

Other debtors

-

2,113

 

-

2,113

7

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Trade creditors

3,714

3,714

Taxation and social security

28,716

7,319

Other creditors

1,841

33,399

34,271

44,432

 

Landscope Scotland Ltd

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

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

9

20,000

30,000

8

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary of £1 each

2

2

2

2

       

9

Loans and borrowings

Non-current loans and borrowings

2025
£

2024
£

Bank borrowings

20,000

30,000

10

Dividends

2025

2024

£

£

Interim dividend of £16,500.00 (2024 - £6,000.00) per ordinary share

33,000

12,000

 

 

11

Related party transactions

 

Landscope Scotland Ltd

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

Directors' remuneration

The directors' remuneration for the year was as follows:

2025
£

2024
£

Remuneration

25,140

25,170