REGISTERED NUMBER: SC340409 (Scotland)

North East Tree Services Limited

Financial Statements For The Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M K Sedgwick

J J Sedgwick

REGISTERED OFFICE:

Park House Centre

South Street

Elgin

Moray

IV30 1JB

REGISTERED NUMBER:

SC340409 (Scotland)

ACCOUNTANTS:

The Long Partnership

Park House Centre

South Street

Elgin

IV30 1JB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

47,196

25,292

47,196

25,292

CURRENT ASSETS

Debtors

6

12,632

7,550

Cash at bank

21,448

15,866

34,080

23,416

CREDITORS

Amounts falling due within one year

7

43,018

43,544

NET CURRENT LIABILITIES

(8,938

)

(20,128

)

TOTAL ASSETS LESS CURRENT LIABILITIES

38,258

5,164

PROVISIONS FOR LIABILITIES

8

10,068

4,608

NET ASSETS

28,190

556

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

28,090

456

SHAREHOLDERS' FUNDS

28,190

556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 17 December 2025 and were signed on its behalf by:

M K Sedgwick - Director

J J Sedgwick - Director

1.	STATUTORY INFORMATION

North East Tree Services Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Goodwill

Goodwill is the amount paid in connection with the acquisition of a business in 2008. After initially being amortised evenly over its initial estimated useful life of twenty years, the remainder (since 1 April 2016) is now being amortised evenly over its remaining estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Equipment

-

25% on reducing balance and 10% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

68,000

AMORTISATION

At 1 April 2024

and 31 March 2025

68,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 April 2024

73,931

Additions

29,850

Disposals

(21,500

)

At 31 March 2025

82,281

DEPRECIATION

At 1 April 2024

48,639

Charge for year

7,170

Eliminated on disposal

(20,724

)

At 31 March 2025

35,085

NET BOOK VALUE

At 31 March 2025

47,196

At 31 March 2024

25,292

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

11,766

7,550

Other debtors

866

-

12,632

7,550

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

20,204

13,850

Other creditors

22,814

29,694

43,018

43,544

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

10,068

4,608

Deferred

tax

£

Balance at 1 April 2024

4,608

Provided during year

5,460

Balance at 31 March 2025

10,068

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

456

Profit for the year

86,634

Dividends

(59,000

)

At 31 March 2025

28,090

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £59,000 (2024 - £33,390) were paid to the directors .

M K Sedgwick

Is a director in the company

The director has given the company an interest free directors loan. There are no repayment terms.

31.3.25

31.3.24

£

£

Amount due to related party at the balance sheet date

17,380

25,646

J J Sedgwick

is a director in the company

The company has given the director a interest free directors loan. There are no repayment terms.

31.3.25

31.3.24

£

£

Amount due to related party at the balance sheet date

3,380

-

12.	ULTIMATE CONTROLLING PARTY

The company is under the joint control of M K Sedgwick and J J Sedgwick.