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REGISTERED NUMBER: 07375409 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st January 2018

for

Progreen Weed Control Solutions Limited
Progreen Weed Control Solutions Limited (Registered number: 07375409)






Contents of the Financial Statements
for the Year Ended 31st January 2018




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Progreen Weed Control Solutions Limited

Company Information
for the Year Ended 31st January 2018







DIRECTORS: D P Boothman
R W Boothman





SECRETARY: D P Boothman





REGISTERED OFFICE: Unit 7
Spalding Road Business Park
Bourne
Lincolnshire
PE10 9LF





REGISTERED NUMBER: 07375409 (England and Wales)
Page 1
Progreen Weed Control Solutions Limited (Registered number: 07375409)

Abridged Statement of Financial Position
31st January 2018

31/1/18 31/1/17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 571
Tangible assets 5 17,219 11,359
17,219 11,930

CURRENT ASSETS
Stocks 244,337 225,971
Debtors 34,240 38,466
Cash at bank and in hand 142,946 148,930
421,523 413,367
CREDITORS
Amounts falling due within one year 164,715 180,877
NET CURRENT ASSETS 256,808 232,490
TOTAL ASSETS LESS CURRENT
LIABILITIES
274,027
244,420

CAPITAL AND RESERVES
Called up share capital 1,964 1,964
Retained earnings 272,063 242,456
SHAREHOLDERS' FUNDS 274,027 244,420

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2018 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 notes form part of these financial statements

Page 2 continued...
Progreen Weed Control Solutions Limited (Registered number: 07375409)

Abridged Statement of Financial Position - continued
31st January 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31st January 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors on 3rd August 2018 and were signed on its behalf by:





D P Boothman - Director


The notes form part of these financial statements

Page 3
Progreen Weed Control Solutions Limited (Registered number: 07375409)

Notes to the Financial Statements
for the Year Ended 31st January 2018

1. STATUTORY INFORMATION

Progreen Weed Control Solutions 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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.

Website development are being amortised evenly over their estimated useful life of nil years.

Website development costs
Website development costs are capitalised to the extent of the initial build of the website only. Further recurring
costs on the upkeep of the website are taken to the profit and loss account. These costs are amortised over 3
years.

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 - 33% on cost
Fixtures and fittings - 33% on cost

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.

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 8 (2017 - 8 ) .

Page 4 continued...
Progreen Weed Control Solutions Limited (Registered number: 07375409)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2018

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st February 2017
and 31st January 2018 14,781
AMORTISATION
At 1st February 2017 14,210
Amortisation for year 571
At 31st January 2018 14,781
NET BOOK VALUE

At 31st January 2018 -
At 31st January 2017 571

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st February 2017 21,026
Additions 12,600
Disposals (1,691 )
At 31st January 2018 31,935
DEPRECIATION
At 1st February 2017 9,667
Charge for year 6,740
Eliminated on disposal (1,691 )
At 31st January 2018 14,716
NET BOOK VALUE
At 31st January 2018 17,219
At 31st January 2017 11,359

Page 5