REGISTERED NUMBER: 09657715 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

KENNET LANDSCAPE SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Heap

Mrs L Heap

SECRETARY:

Mrs L Heap

REGISTERED OFFICE:

Unit 2, Woodside Nursery

Priors Court Road

Hermitage

Thatcham

Berkshire

RG18 9U

REGISTERED NUMBER:

09657715 (England and Wales)

ACCOUNTANTS:

Banks & Co Limited

Chartered Certified Accountants

1 Carnegie Road

Newbury

Berkshire

RG14 5DJ

FIXED ASSETS

Tangible assets

4

272,511

122,354

CURRENT ASSETS

Stocks

5,428

6,955

Debtors

5

1,301,290

1,614,951

Cash at bank and in hand

225,008

164,061

1,531,726

1,785,967

CREDITORS

Amounts falling due within one year

6

627,827

1,008,616

NET CURRENT ASSETS

903,899

777,351

TOTAL ASSETS LESS CURRENT LIABILITIES

1,176,410

899,705

CREDITORS

Amounts falling due after more than one year

7

(30,784

)

(29,122

)

PROVISIONS FOR LIABILITIES

(37,812

)

(18,850

)

NET ASSETS

1,107,814

851,733

CAPITAL AND RESERVES

Called up share capital

8

100

100

Share premium

9,980

9,980

Retained earnings

1,097,734

841,653

SHAREHOLDERS' FUNDS

1,107,814

851,733

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mrs L Heap - Director

1.	STATUTORY INFORMATION

Kennet Landscape Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

Straight line over 10 years

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on cost

Computer and office equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 51 (2023 - 51 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2024

-

144,251

-

Additions

77,710

-

60,098

At 31 December 2024

77,710

144,251

60,098

DEPRECIATION

At 1 January 2024

-

79,753

-

Charge for year

583

28,676

-

At 31 December 2024

583

108,429

-

NET BOOK VALUE

At 31 December 2024

77,127

35,822

60,098

At 31 December 2023

-

64,498

-

Computer

and

Motor

office

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

72,055

40,679

256,985

Additions

46,914

27,168

211,890

At 31 December 2024

118,969

67,847

468,875

DEPRECIATION

At 1 January 2024

22,741

32,137

134,631

Charge for year

19,817

12,657

61,733

At 31 December 2024

42,558

44,794

196,364

NET BOOK VALUE

At 31 December 2024

76,411

23,053

272,511

At 31 December 2023

49,314

8,542

122,354

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,226,333

1,451,943

Other debtors

74,957

163,008

1,301,290

1,614,951

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

29,122

87,510

Hire purchase contracts

14,726

-

Trade creditors

368,618

410,331

Taxation and social security

157,915

268,532

Other creditors

57,446

242,243

627,827

1,008,616

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

-

29,122

Hire purchase contracts

30,784

-

30,784

29,122

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

9.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The amount charged to the profit and loss account during the year was £32,827 (2023 - £29,832). The balance outstanding at the year end was £7,429 (2023 - £8,656).

10.	OTHER FINANCIAL COMMITMENTS

The company had total commitments at the balance sheet date of £249,606 ( 2023 - £96,267).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

D Heap

Balance outstanding at start of year

(56,255

)

156,139

Amounts advanced

113,185

43,664

Amounts repaid

(32,889

)

(256,058

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

24,041

(56,255

)

Mrs L Heap

Balance outstanding at start of year

(35,314

)

10,636

Amounts advanced

51,175

4,000

Amounts repaid

(58,950

)

(49,950

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(43,089

)

(35,314

)