Lakeside Landscapes Scotland Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC543159 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Lakeside Landscapes Scotland Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Finnigan

REGISTERED OFFICE:

Unit 3

Morris Park

37 Rosyth Road

Glasgow

G5 0YE

REGISTERED NUMBER:

SC543159 (Scotland)

ACCOUNTANTS:

KPP Glasgow South Ltd

Chartered Certified Accountants

Unit 3 , 37 Rosyth Road

Morris Park

Glasgow

G5 0YE

FIXED ASSETS

Tangible assets

4

193,498

158,415

CURRENT ASSETS

Stocks

5

23,775

40,004

Debtors

6

157,885

141,614

Cash in hand

100

181,760

181,718

CREDITORS

Amounts falling due within one year

7

238,280

218,622

NET CURRENT LIABILITIES

(56,520

)

(36,904

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

136,978

121,511

CREDITORS

Amounts falling due after more than one
year

8

5,250

12,250

NET ASSETS

131,728

109,261

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

131,628

109,161

SHAREHOLDERS' FUNDS

131,728

109,261

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 director acknowledges his 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 director and authorised for issue on 6 January 2026 and were signed by:

J Finnigan - Director

1.	STATUTORY INFORMATION

Lakeside Landscapes Scotland Ltd 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.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 September 2024

142,114

160,200

6,928

309,242

Additions

26,000

54,585

-

80,585

Disposals

-

(15,950

)

-

(15,950

)

At 31 August 2025

168,114

198,835

6,928

373,877

DEPRECIATION

At 1 September 2024

54,798

92,964

3,065

150,827

Charge for year

16,997

23,991

966

41,954

Eliminated on disposal

-

(12,402

)

-

(12,402

)

At 31 August 2025

71,795

104,553

4,031

180,379

NET BOOK VALUE

At 31 August 2025

96,319

94,282

2,897

193,498

At 31 August 2024

87,316

67,236

3,863

158,415

5.

STOCKS

31.8.25

31.8.24

£

Stocks

23,775

40,004

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Trade debtors

107,854

78,140

VAT

50,031

63,474

157,885

141,614

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Bank loans and overdrafts

44,186

44,288

Hire purchase contracts

54,600

20,459

Trade creditors

105,701

112,697

Pension creditor

3,237

2,329

Wages creditor

13,267

9,162

Tax

6,162

5,181

Social security and other taxes

-

13,241

Accrued expenses

11,127

11,265

238,280

218,622

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.8.25

31.8.24

£

Bank loans - 2-5 years

5,250

12,250

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

100

Ordinary

£1

100