Wakeley Tree Surgeons Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC504931

Wakeley Tree Surgeons Limited

Filleted Unaudited Financial Statements

31 May 2026

Wakeley Tree Surgeons Limited

Statement of Financial Position

31 May 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		1,569,317	810,478

Current assets

Debtors	6	316,649	66,393
Cash at bank and in hand		474,065	505,752
		---------	---------
		790,714	572,145

Creditors: amounts falling due within one year	7	429,322		311,403
		---------		---------
Net current assets			361,392	260,742
			------------	------------
Total assets less current liabilities			1,930,709	1,071,220

Creditors: amounts falling due after more than one year	8		500,245	157,836

Provisions

Taxation including deferred tax	240,984	154,988
	------------	------------
Net assets	1,189,480	758,396
	------------	------------

Capital and reserves

Called up share capital	1,000	100
Profit and loss account	1,188,480	758,296
	------------	---------
Shareholders funds	1,189,480	758,396
	------------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Wakeley Tree Surgeons Limited

Statement of Financial Position (continued)

31 May 2026

These financial statements were approved by the board of directors and authorised for issue on 9 October 2026 , and are signed on behalf of the board by:

Mr A MacPherson

Director

Company registration number: SC504931

Wakeley Tree Surgeons Limited

Notes to the Financial Statements

Year ended 31 May 2026

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is Sunnyhill, Birnie, Elgin, IV30 8ST.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	15% reducing balance
Motor vehicles	-	25% reducing balance
Office equipment	-	33% straight line

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Cash and cash equivalents in the statement of financial position comprise cash at bank and in hand held on demand. Bank overdrafts are shown within creditors due within one year. Trade debtors and creditors are measured at the undiscounted amounts receivable from the customer or payable to a supplier, which is normally the invoiced price. Trade debtors are assessed at the end of each reporting period for the objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of income and retained earnings. Directors' loans to the company which are repayable on demand are measured at the undiscounted amount of the cash expected to be paid.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 31 (2025: 27 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 June 2025	199,381	645,588	333,051	6,845	1,184,865
Additions	420,962	488,710	46,562	3,167	959,401
Disposals	–	–	( 22,460)	–	( 22,460)
	---------	------------	---------	--------	------------
At 31 May 2026	620,343	1,134,298	357,153	10,012	2,121,806
	---------	------------	---------	--------	------------
Depreciation
At 1 June 2025	–	213,689	156,282	4,416	374,387
Charge for the year	–	138,095	54,505	2,633	195,233
Disposals	–	–	( 17,131)	–	( 17,131)
	---------	------------	---------	--------	------------
At 31 May 2026	–	351,784	193,656	7,049	552,489
	---------	------------	---------	--------	------------
Carrying amount
At 31 May 2026	620,343	782,514	163,497	2,963	1,569,317
	---------	------------	---------	--------	------------
At 31 May 2025	199,381	431,899	176,769	2,429	810,478
	---------	------------	---------	--------	------------

6. Debtors

	2026	2025
	£	£
Trade debtors	300,609	64,643
Other debtors	16,040	1,750
	---------	--------
	316,649	66,393
	---------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	11,484	10,000
Trade creditors	35,720	26,693
Corporation tax	108,224	84,327
Social security and other taxes	107,561	116,087
Credit card	–	623
Pension creditor	7,296	4,513
Other creditors	159,037	69,160
	---------	---------
	429,322	311,403
	---------	---------

The bank loans and overdraft includes a balance of £10,650 which is secured by a charge held by Barclays Bank UK Plc for the asset to which the loan relates to.

Barclays Bank UK Plc also hold a floating charge over the assets of the company.

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	255,600	834
Other creditors	244,645	157,002
	---------	---------
	500,245	157,836
	---------	---------

The bank loans and overdraft includes a balance of £255,600 which is secured by a charge held by Barclays Bank UK Plc for the asset to which the loan relates to.

Barclays Bank UK Plc also hold a floating charge over the assets of the company.

Included within creditors: amounts falling due after more than one year is an amount of £213,000 (2025: £Nil) in respect of liabilities payable by instalments which fall due for payment after more than five years from the reporting date.

Interest is being charged on the loan on a floating rate basis, of which the interest rate will not be less than the margin of 2.1% per annum.

9. Related party transactions

Dividends in the amount of £121,400 (2025 £16,000) were paid to the directors during the year.