3
31/01/2021
2021-01-31
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No description of principal activities is disclosed
2020-02-01
Sage Accounts Production 2020 Update 1 - FRS102_2019
xbrli:pure
xbrli:shares
iso4217:GBP
07503940
2020-02-01
2021-01-31
07503940
2021-01-31
07503940
2020-01-31
07503940
2019-02-01
2020-01-31
07503940
2020-01-31
07503940
core:PlantMachinery
2020-02-01
2021-01-31
07503940
core:FurnitureFittingsToolsEquipment
2020-02-01
2021-01-31
07503940
core:MotorVehicles
2020-02-01
2021-01-31
07503940
bus:RegisteredOffice
2020-02-01
2021-01-31
07503940
bus:OrdinaryShareClass1
2020-02-01
2021-01-31
07503940
bus:LeadAgentIfApplicable
2020-02-01
2021-01-31
07503940
bus:Director1
2020-02-01
2021-01-31
07503940
core:PlantMachinery
2020-01-31
07503940
core:FurnitureFittingsToolsEquipment
2020-01-31
07503940
core:MotorVehicles
2020-01-31
07503940
core:PlantMachinery
2021-01-31
07503940
core:FurnitureFittingsToolsEquipment
2021-01-31
07503940
core:MotorVehicles
2021-01-31
07503940
core:WithinOneYear
2021-01-31
07503940
core:WithinOneYear
2020-01-31
07503940
core:RestatedAmount
2020-02-01
2021-01-31
07503940
core:RestatedAmount
2019-02-01
2020-01-31
07503940
core:RetainedEarningsAccumulatedLosses
2020-01-31
07503940
core:RetainedEarningsAccumulatedLosses
2019-01-31
07503940
core:RetainedEarningsAccumulatedLosses
2021-01-31
07503940
core:RetainedEarningsAccumulatedLosses
2020-01-31
07503940
core:ShareCapital
2021-01-31
07503940
core:ShareCapital
2020-01-31
07503940
bus:OrdinaryShareClass1
core:ShareCapital
2021-01-31
07503940
bus:OrdinaryShareClass1
core:ShareCapital
2020-01-31
07503940
core:PlantMachinery
2020-01-31
07503940
core:FurnitureFittingsToolsEquipment
2020-01-31
07503940
core:MotorVehicles
2020-01-31
07503940
bus:Director1
2020-01-31
07503940
bus:Director1
2021-01-31
07503940
bus:Director1
2019-01-31
07503940
bus:Director1
2020-01-31
07503940
bus:Director1
2019-02-01
2020-01-31
07503940
bus:SmallEntities
2020-02-01
2021-01-31
07503940
bus:AuditExemptWithAccountantsReport
2020-02-01
2021-01-31
07503940
bus:FullAccounts
2020-02-01
2021-01-31
07503940
bus:SmallCompaniesRegimeForAccounts
2020-02-01
2021-01-31
07503940
bus:PrivateLimitedCompanyLtd
2020-02-01
2021-01-31
Company registration number:
07503940
Carrick Landscapes Limited
Unaudited filleted financial statements
31 January 2021
Carrick Landscapes Limited
Contents
Directors and other information
Accountants report
Statement of income and retained earnings
Statement of financial position
Notes to the financial statements
Carrick Landscapes Limited
Directors and other information
|
|
|
|
Director
|
Mr R W Wilson
|
|
|
|
|
|
|
|
Company number
|
07503940
|
|
|
|
|
|
|
|
Registered office
|
Unit 1 Park Road Industrial Estate
|
|
|
Park Road
|
|
|
Swanley
|
|
|
Kent
|
|
|
BR8 8AH
|
|
|
|
|
|
|
|
Business address
|
Unit 1 Park Road Industrial Estate
|
|
|
Park Road
|
|
|
Swanley
|
|
|
Kent
|
|
|
BR8 8AH
|
|
|
|
|
|
|
|
Accountants
|
Henry Reeves & Co Medway Limited
|
|
|
69-71 High Street
|
|
|
Chatham
|
|
|
Kent
|
|
|
ME4 4EE
|
|
|
|
Carrick Landscapes Limited
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of Carrick Landscapes Limited
Year ended 31 January 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Carrick Landscapes Limited for the year ended 31 January 2021 which comprise the statement of income and retained earnings, statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the director of Carrick Landscapes Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Carrick Landscapes Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Carrick Landscapes Limited and its director as a body for our work or for this report.
It is your duty to ensure that Carrick Landscapes Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Carrick Landscapes Limited. You consider that Carrick Landscapes Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Carrick Landscapes Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Henry Reeves & Co Medway Limited
Chartered Accountants
69-71 High Street
Chatham
Kent
ME4 4EE
27 October 2021
Carrick Landscapes Limited
Statement of income and retained earnings
Year ended 31 January 2021
|
|
2021
|
2020
|
|
|
£
|
£
|
|
|
|
|
|
|
|
|
Profit for the year
|
|
129,652
|
109,686
|
Dividends declared and paid or payable during the year
|
|
(
83,572)
|
(
66,094)
|
|
|
|
|
Retained earnings at the start of the year
|
|
468,903
|
425,311
|
|
|
_______
|
_______
|
Retained earnings at the end of the year
|
|
514,983
|
468,903
|
|
|
_______
|
_______
|
|
|
|
|
Carrick Landscapes Limited
Statement of financial position
31 January 2021
|
|
|
2021
|
|
|
|
2020
|
|
|
|
|
Note
|
£
|
|
£
|
|
£
|
|
£
|
|
|
|
|
|
|
|
|
|
|
Fixed assets
|
|
|
|
|
|
|
|
|
|
Tangible assets
|
|
5
|
139,973
|
|
|
|
136,862
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
139,973
|
|
|
|
136,862
|
|
|
|
|
|
|
|
|
|
|
Current assets
|
|
|
|
|
|
|
|
|
|
Stocks
|
|
|
30,950
|
|
|
|
50,840
|
|
|
Debtors
|
|
6
|
350,567
|
|
|
|
54,842
|
|
|
Cash at bank and in hand
|
|
|
234,924
|
|
|
|
307,850
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
616,441
|
|
|
|
413,532
|
|
|
Creditors: amounts falling due
|
|
|
|
|
|
|
|
|
|
within one year
|
|
7
|
(
214,736)
|
|
|
|
(
55,387)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
Net current assets
|
|
|
|
|
401,705
|
|
|
|
358,145
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Total assets less current liabilities
|
|
|
|
|
541,678
|
|
|
|
495,007
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Provisions for liabilities
|
|
|
|
|
(
26,595)
|
|
|
|
(
26,004)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Net assets
|
|
|
|
|
515,083
|
|
|
|
469,003
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves
|
|
|
|
|
|
|
|
|
|
Called up share capital
|
|
8
|
|
|
100
|
|
|
|
100
|
Profit and loss account
|
|
|
|
|
514,983
|
|
|
|
468,903
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Shareholders funds
|
|
|
|
|
515,083
|
|
|
|
469,003
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
For the year ending 31 January 2021 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 financial statements for the year in question in accordance with section 476;
-
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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 income statement has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
26 October 2021
, and are signed on behalf of the board by:
Mr R W Wilson
Director
Company registration number:
07503940
Carrick Landscapes Limited
Notes to the financial statements
Year ended 31 January 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1 Park Road Industrial Estate, Park Road, Swanley, Kent, BR8 8AH.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The Triennial review 2017 amendments to the standard have been early adopted.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
Due to the worldwide effects of Covid-19, the director assessed the impact of the pandemic on its financial statements for the forthcoming year. Due to the nature of the work the company undertakes, there has been little effect on the company and the company only took advantage of the government business support measures available to a limited extent. The company has assessed its cash reserves and has concluded that these are sufficient to meets it financial requirements in the short and medium term. On this basis, the directors conclude that the company should be assessed as a going concern for a period of at least twelve months from the date of signing of the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.Revenue from the rendering of services is measured by reference to the reliable estimate of the stage of completion of the stage of the services provided by the end of the reporting period. When the outcome cannot be reliably estimated revenue is reconciling only to the extent that expenses recognised are recoverable.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
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
|
-
|
25 %
|
reducing balance
|
|
Fittings fixtures and equipment
|
-
|
25 %
|
reducing balance
|
|
Motor vehicles
|
-
|
25 %
|
reducing balance
|
|
|
|
|
|
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
Government grants are recognised using the accrual model and the performance model.
Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
The company only enters into financial instruments that result in the recognition of financial assets and liabilities, such as trade and other debtors and creditors.
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.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2020:
3
).
5.
Tangible assets
|
|
Plant and machinery
|
Fixtures, fittings and equipment
|
Motor vehicles
|
Total
|
|
|
|
|
|
£
|
£
|
£
|
£
|
|
|
|
|
Cost
|
|
|
|
|
|
|
|
|
At 1 February 2020
|
106,848
|
16,720
|
178,114
|
301,682
|
|
|
|
|
Additions
|
48,379
|
564
|
833
|
49,776
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
At 31 January 2021
|
155,227
|
17,284
|
178,947
|
351,458
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
Depreciation
|
|
|
|
|
|
|
|
|
At 1 February 2020
|
78,760
|
9,813
|
76,247
|
164,820
|
|
|
|
|
Charge for the year
|
19,120
|
1,870
|
25,675
|
46,665
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
At 31 January 2021
|
97,880
|
11,683
|
101,922
|
211,485
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
Carrying amount
|
|
|
|
|
|
|
|
|
At 31 January 2021
|
57,347
|
5,601
|
77,025
|
139,973
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
At 31 January 2020
|
28,088
|
6,907
|
101,867
|
136,862
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
|
|
6.
Debtors
|
|
|
2021
|
2020
|
|
|
|
£
|
£
|
|
Trade debtors
|
|
287,350
|
39,291
|
|
Other debtors
|
|
63,217
|
15,551
|
|
|
|
_______
|
_______
|
|
|
|
350,567
|
54,842
|
|
|
|
_______
|
_______
|
|
|
|
|
|
7.
Creditors: amounts falling due within one year
|
|
|
2021
|
2020
|
|
|
|
£
|
£
|
|
Bank loans and overdrafts
|
|
9
|
-
|
|
Trade creditors
|
|
67,557
|
11,226
|
|
Corporation tax
|
|
30,334
|
12,842
|
|
Social security and other taxes
|
|
28,431
|
27,040
|
|
Other creditors
|
|
88,405
|
4,279
|
|
|
|
_______
|
_______
|
|
|
|
214,736
|
55,387
|
|
|
|
_______
|
_______
|
|
|
|
|
|
8.
Called up share capital
Issued, called up and fully paid
|
|
|
2021
|
|
|
|
2020
|
|
|
|
|
|
No
|
|
£
|
|
No
|
|
£
|
|
Ordinary shares
shares of £
1.00 each
|
|
100
|
|
100
|
|
100
|
|
100
|
|
|
|
_______
|
|
_______
|
|
_______
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
9.
Other financial commitments
Total financial commitments relating to the premises and motor vehicles which are not included in the balance sheet amount to £116,545 (2020 - £22,442).
10.
Directors advances, credits and guarantees
|
During the year the director entered into the following advances and credits with the company:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2021
|
|
|
|
|
|
|
|
|
|
Balance brought forward
|
Advances /(credits) to the director
|
Amounts repaid
|
Balance o/standing
|
|
|
|
|
£
|
£
|
£
|
£
|
|
|
|
Mr R W Wilson
|
(
1,329)
|
5,669
|
-
|
4,340
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
2020
|
|
|
|
|
|
|
|
|
|
Balance brought forward
|
Advances /(credits) to the director
|
Amounts repaid
|
Balance o/standing
|
|
|
|
|
£
|
£
|
£
|
£
|
|
|
|
Mr R W Wilson
|
(
2,689)
|
4,523
|
(
3,163)
|
(
1,329)
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
Included in creditors is the amount of £- (2020 - £1,329) due to the director, Richard W Wilson.
11.
Controlling party
The company was under the control of Richard W Wilson, throughout the current and previous year.