Registration number: 04385440

NORTH CORNWALL LANDSCAPING LTD

trading as North Cornwall Landscaping Ltd.

Contents

Director's Report	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

NORTH CORNWALL LANDSCAPING LTD

trading as North Cornwall Landscaping Ltd.

Director's Report for the Year Ended 31 March 2025

The director presents his report and the financial statements for the year ended 31 March 2025.

Director of the company

The director who held office during the year was as follows:

MR MICHAEL HEBBURN

Principal activity

The principal activity of the company is Garden design and construction

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 24 November 2025
 

......................................... MR MICHAEL HEBBURN Director

NORTH CORNWALL LANDSCAPING LTD

trading as North Cornwall Landscaping Ltd.

(Registration number: 04385440)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	45,601	50,089
Current assets
Stocks	6	16,540	11,664
Cash at bank and in hand		110,880	109,311
		127,420	120,975
Creditors: Amounts falling due within one year	7	(29,497)	(33,376)
Net current assets		97,923	87,599
Total assets less current liabilities		143,524	137,688
Creditors: Amounts falling due after more than one year	7	(3,437)	(7,187)
Provisions for liabilities		(8,274)	(8,274)
Net assets		131,813	122,227
Capital and reserves
Called up share capital	10	1	1
Retained earnings		131,812	122,226
Shareholders' funds		131,813	122,227

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account and Director's Report.

Approved and authorised by the director on 24 November 2025
 

......................................... MR MICHAEL HEBBURN Director

NORTH CORNWALL LANDSCAPING LTD

trading as North Cornwall Landscaping Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
LOWER TREGUNNON FARM
ALTARNUN
LAUNCESTON
Cornwall
PL15 7SX
United Kingdom

The principal place of business is:
Lower Tregunnon Farm
Altarnun
Launceston
Cornwall
PL15 7SX

These financial statements were authorised for issue by the director on 24 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

NORTH CORNWALL LANDSCAPING LTD

trading as North Cornwall Landscaping Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	10% net book value
Plant and machinery	10% net book value
Furniture,fittings ,tools and equipment	10% net book value

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	straight line over 5 years

NORTH CORNWALL LANDSCAPING LTD

trading as North Cornwall Landscaping Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

NORTH CORNWALL LANDSCAPING LTD

trading as North Cornwall Landscaping Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

During the year a dividend was paid in excess of the revenue reserves of the company. In the event of the company being wound up the shareholders would be required to repay any excess dividends drawn.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2024 - 4).

NORTH CORNWALL LANDSCAPING LTD

trading as North Cornwall Landscaping Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2024	30,000	30,000
At 31 March 2025	30,000	30,000
Amortisation
At 1 April 2024	30,000	30,000
At 31 March 2025	30,000	30,000
Carrying amount
At 31 March 2025	-	-

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	3,201	69,619	9,406	82,226
At 31 March 2025	3,201	69,619	9,406	82,226
Depreciation
At 1 April 2024	2,270	25,604	4,263	32,137
Charge for the year	93	4,333	62	4,488
At 31 March 2025	2,363	29,937	4,325	36,625
Carrying amount
At 31 March 2025	838	39,682	5,081	45,601
At 31 March 2024	931	44,015	5,143	50,089

Included in the net book value of tangible fixed assets is £20,407 (2024 £22,675) in respect of assets purchased under a hire purchase scheme. Depreciation on those assets was £2,268 (2024 £2,520).

6

Stocks

NORTH CORNWALL LANDSCAPING LTD

trading as North Cornwall Landscaping Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

	2025 £	2024 £
Work in progress	15,540	10,664
Other inventories	1,000	1,000
	16,540	11,664

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	5,236	4,113
Trade creditors		1,973	4,532
Taxation and social security		18,788	21,231
Accruals and deferred income		3,500	3,500
		29,497	33,376

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	3,437	7,187

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	3,437	7,187

Current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	3,750	3,750
Other borrowings	1,486	363
	5,236	4,113

9	Share capital

Allotted, called up and fully paid shares

NORTH CORNWALL LANDSCAPING LTD

trading as North Cornwall Landscaping Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

10	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1