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Registered number: 09983274
Pristine Lawns Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Davey Grover Ltd
Chartered Accountants
4 Fenice Court
Phoenix Business Park
St. Neots
Cambridgeshire
PE19 8EP
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 09983274
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1 1
Tangible Assets 5 63,634 82,553
63,635 82,554
CURRENT ASSETS
Stocks 6 5,020 4,800
Debtors 7 35,632 30,311
Cash at bank and in hand 24,588 20,610
65,240 55,721
Creditors: Amounts Falling Due Within One Year 8 (97,555 ) (85,944 )
NET CURRENT ASSETS (LIABILITIES) (32,315 ) (30,223 )
TOTAL ASSETS LESS CURRENT LIABILITIES 31,320 52,331
Creditors: Amounts Falling Due After More Than One Year 9 (15,988 ) (31,497 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,475 ) (12,634 )
NET ASSETS 5,857 8,200
CAPITAL AND RESERVES
Called up share capital 11 100 100
Income Statement 5,757 8,100
SHAREHOLDERS' FUNDS 5,857 8,200
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Page 2
For the year ending 28 February 2025 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr C M Safford
Director
21 October 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Pristine Lawns Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09983274 . The registered office is 4 Fenice Court, Phoenix Business Park, St. Neots, Cambridgeshire, PE19 8EP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets includes the franchise fee. The franchise fee has been fully amortised over the life of the franchise agreement of 5 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10% on cost
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance and 20% on cost
Fixtures & Fittings 25% on reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
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2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Intangible Assets
Franchise fee
£
Cost
As at 1 March 2024 1,800
As at 28 February 2025 1,800
Amortisation
As at 1 March 2024 1,799
As at 28 February 2025 1,799
Net Book Value
As at 28 February 2025 1
As at 1 March 2024 1
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 March 2024 22,956 45,266 74,293 7,833 150,348
As at 28 February 2025 22,956 45,266 74,293 7,833 150,348
Depreciation
As at 1 March 2024 6,896 32,848 26,098 1,953 67,795
Provided during the period 2,295 3,105 12,049 1,470 18,919
As at 28 February 2025 9,191 35,953 38,147 3,423 86,714
Net Book Value
As at 28 February 2025 13,765 9,313 36,146 4,410 63,634
As at 1 March 2024 16,060 12,418 48,195 5,880 82,553
6. Stocks
2025 2024
£ £
Stock 5,020 4,800
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 34,822 29,431
Other debtors 810 880
35,632 30,311
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 8,698 12,724
Trade creditors 5,707 138
Bank loans and overdrafts 6,811 6,642
Other creditors 62,652 59,734
Taxation and social security 13,687 6,706
97,555 85,944
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9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 10,770 19,468
Bank loans 5,218 12,029
15,988 31,497
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,698 12,724
Later than one year and not later than five years 10,770 19,468
19,468 32,192
19,468 32,192
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
12. Related Party Transactions
During the year to 28 February 2025 the company paid £1,800 (2024 - £1,800) to the directors, Mr C Safford and Ms H Richardson, for rent.
13. Other Financial Commitments
At the year end the company had total commitments under operating leases expiring within five years of £2,100, of which the annual commitment is £1,800.
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