REGISTERED NUMBER: 05114049 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

A.B.C. LANDSCAPES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A D Bunt

REGISTERED OFFICE:

Bank Chambers

1 Central Avenue

SITTINGBOURNE

Kent

ME10 4AE

BUSINESS ADDRESS:

Flat 1

42 Westbourne Villas

Hove

East Sussex

BN3 4GG

REGISTERED NUMBER:

05114049 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Bank Chambers

1 Central Avenue

Sittingbourne

Kent

ME10 4AE

FIXED ASSETS

Intangible assets

5

12,300

13,940

Tangible assets

6

24,629

16,286

36,929

30,226

CURRENT ASSETS

Debtors

7

70,304

28,115

Cash at bank and in hand

3

4,774

70,307

32,889

CREDITORS

Amounts falling due within one year

8

53,987

16,312

NET CURRENT ASSETS

16,320

16,577

TOTAL ASSETS LESS CURRENT LIABILITIES

53,249

46,803

CREDITORS

Amounts falling due after more than one year

9

(6,639

)

-

PROVISIONS FOR LIABILITIES

(3,573

)

(1,988

)

NET ASSETS

43,037

44,815

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

42,937

44,715

43,037

44,815

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 6 December 2017 and were signed by:

A D Bunt - Director

1.	STATUTORY INFORMATION

A.B.C. Landscapes 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.	STATEMENT OF COMPLIANCE

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 transition to FRS 102 took place on 1 April 2015

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office Equipment

-

20% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance

leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2016 - 4 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

32,800

AMORTISATION

At 1 April 2016

18,860

Charge for year

1,640

At 31 March 2017

20,500

NET BOOK VALUE

At 31 March 2017

12,300

At 31 March 2016

13,940

6.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 April 2016

21,451

16,444

5,139

43,034

Additions

800

11,995

1,064

13,859

At 31 March 2017

22,251

28,439

6,203

56,893

DEPRECIATION

At 1 April 2016

11,891

11,837

3,020

26,748

Charge for year

1,534

3,401

581

5,516

At 31 March 2017

13,425

15,238

3,601

32,264

NET BOOK VALUE

At 31 March 2017

8,826

13,201

2,602

24,629

At 31 March 2016

9,560

4,607

2,119

16,286

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2016

7,994

Additions

11,995

Transfer to ownership

(7,994

)

At 31 March 2017

11,995

DEPRECIATION

At 1 April 2016

4,134

Charge for year

2,249

Transfer to ownership

(4,134

)

At 31 March 2017

2,249

NET BOOK VALUE

At 31 March 2017

9,746

At 31 March 2016

3,860

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

32,798

13,773

Other debtors

7,325

11,411

VAT

10,009

2,350

Prepayments and accrued income

20,172

581

70,304

28,115

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans and overdrafts

667

-

Hire purchase contracts

3,332

1,138

Trade creditors

25,854

6,307

Other creditors

849

644

Other taxes and PAYE

13,847

7,343

Accrued expenses

2,190

750

Directors' Current Accounts

7,248

130

53,987

16,312

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.17

31.3.16

£

£

Hire purchase contracts

6,639

-