Company Registration No. 04562439 (England and Wales)
Theories Landscapes Limited
Unaudited accounts
for the year ended 30 June 2023
Theories Landscapes Limited
Unaudited accounts
Contents
Theories Landscapes Limited
Company Information
for the year ended 30 June 2023
Directors
Jacek Maklakiewicz
Kinga Maklakiewicz
Company Number
04562439 (England and Wales)
Registered Office
4C MAIN ROAD
BRAMFIELD
HERTFORD
SG14 2FD
ENGLAND
Accountants
Optics Accounting Ltd
17 Willow Pike
Sutton Courtenay
Abingdon
OX14 4GB
Theories Landscapes Limited
Statement of financial position
as at 30 June 2023
Tangible assets
90,985
22,485
Cash at bank and in hand
32,260
-
Creditors: amounts falling due within one year
(497,419)
(291,116)
Net current assets
277,587
466,912
Total assets less current liabilities
368,572
489,397
Creditors: amounts falling due after more than one year
(19,895)
(98,942)
Net assets
348,677
390,455
Called up share capital
60
60
Profit and loss account
348,617
390,395
Shareholders' funds
348,677
390,455
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 January 2024 and were signed on its behalf by
Jacek Maklakiewicz
Director
Company Registration No. 04562439
Theories Landscapes Limited
Notes to the Accounts
for the year ended 30 June 2023
Theories Landscapes Limited is a private company, limited by shares, registered in England and Wales, registration number 04562439. The registered office is 4C MAIN ROAD, BRAMFIELD, HERTFORD, SG14 2FD, ENGLAND.
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.
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
33% on cost
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Theories Landscapes Limited
Notes to the Accounts
for the year ended 30 June 2023
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2022
7,242
39,824
25,620
1,142
73,828
Additions
11,769
88,000
-
1,338
101,107
Disposals
-
(30,764)
-
-
(30,764)
At 30 June 2023
19,011
97,060
25,620
2,480
144,171
At 1 July 2022
747
24,342
25,112
1,142
51,343
Charge for the year
3,672
23,067
127
184
27,050
On disposals
-
(25,207)
-
-
(25,207)
At 30 June 2023
4,419
22,202
25,239
1,326
53,186
At 30 June 2023
14,592
74,858
381
1,154
90,985
At 30 June 2022
6,495
15,482
508
-
22,485
Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
1,535
2,047
Amounts falling due within one year
Trade debtors
74,132
64,723
Accrued income and prepayments
2,440
-
Other debtors
646,174
666,805
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
56,349
80,552
Trade creditors
54,690
35,571
Taxes and social security
209,543
113,125
Loans from directors
61,839
-
6
Creditors: amounts falling due after more than one year
2023
2022
Theories Landscapes Limited
Notes to the Accounts
for the year ended 30 June 2023
The ultimate controlling party is DNA-PLAY LTD.
The company is owned by DNA-PLAY LTD who own 100% of the company's share capital.
8
Average number of employees
During the year the average number of employees was 5 (2022: 1).