Goddards (Landscape Contractors) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01741225 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

GODDARDS (LANDSCAPE CONTRACTORS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W R Goddard

P Bassett

SECRETARY:

P B Goddard

REGISTERED OFFICE:

3 Church Street

Odiham

Hook

Hampshire

RG29 1LU

REGISTERED NUMBER:

01741225 (England and Wales)

ACCOUNTANTS:

Goddard & Co

Chartered Accountants

3 Church Street

Odiham, Hook

Hampshire

RG29 1LU

FIXED ASSETS

Tangible assets

4

825,057

799,715

Investment property

5

390,000

1,215,057

1,189,715

CURRENT ASSETS

Stocks

350,154

435,220

Debtors

6

324,185

548,887

Cash at bank and in hand

1,149,420

1,132,573

1,823,759

2,116,680

CREDITORS

Amounts falling due within one year

7

221,271

227,249

NET CURRENT ASSETS

1,602,488

1,889,431

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,817,545

3,079,146

PROVISIONS FOR LIABILITIES

10,599

22,336

NET ASSETS

2,806,946

3,056,810

CAPITAL AND RESERVES

Called up share capital

1,002

Fair value reserve

9

129,515

Retained earnings

2,676,429

2,926,293

SHAREHOLDERS' FUNDS

2,806,946

3,056,810

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 January 2026 and were signed on its behalf by:

W R Goddard - Director

1.	STATUTORY INFORMATION

Goddards (Landscape Contractors) Limited 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

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

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

25% on reducing balance, 25% on cost and 20% on cost

Investment property

Investment property is included at fair value. Gains and losses are recognised in the income statement. Deferred tax is provided on gains at the rate expected to apply when the property is sold. Amounts credited to the fair value reserve are not subject to corporation tax.

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 23 (2024 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 September 2024

762,540

330,001

1,092,541

Additions

53,876

14,990

68,866

Disposals

-

(55,574

)

(55,574

)

At 31 August 2025

816,416

289,417

1,105,833

DEPRECIATION

At 1 September 2024

46,013

246,813

292,826

Charge for year

13,146

23,027

36,173

Eliminated on disposal

-

(48,223

)

(48,223

)

At 31 August 2025

59,159

221,617

280,776

NET BOOK VALUE

At 31 August 2025

757,257

67,800

825,057

At 31 August 2024

716,527

83,188

799,715

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

390,000

NET BOOK VALUE

At 31 August 2025

390,000

At 31 August 2024

390,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2013

31,332

Valuation in 2015

40,000

Valuation in 2016

15,000

Valuation in 2018

10,000

Valuation in 2022

40,000

Cost

253,668

390,000

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

253,668

Investment property was valued on a fair value basis on 21 November 2022 by the directors .

6.

DEBTORS

2025

2024

£

Amounts falling due within one year:

Trade debtors

152,913

103,625

Other debtors

96,676

370,666

249,589

474,291

Amounts falling due after more than one year:

Other debtors

74,596

Aggregate amounts

324,185

548,887

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

105,017

79,066

Taxation and social security

33,903

62,328

Other creditors

82,351

85,855

221,271

227,249

8.	SECURED DEBTS

The bank overdraft is secured by a mortgage debenture incorporating a fixed and floating charge over all current and future assets of the company.

9.

RESERVES

Fair

value

reserve

£

At 1 September 2024

and 31 August 2025

129,515

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

W R Goddard

Balance outstanding at start of year

227,655

221,024

Amounts advanced

6,635

6,631

Amounts repaid

(234,290

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

227,655

The company's bank borrowings are secured by a first legal charge over business and residential property owned by Mr W R Goddard, a director of the company.

The Directors' Loan account is subject to interest at 3%.