Company Registration No. 09717529 (England and Wales)
Playscape Playgrounds Ltd
Unaudited accounts
for the year ended 31 August 2023
Playscape Playgrounds Ltd
Unaudited accounts
Contents
Playscape Playgrounds Ltd
Company Information
for the year ended 31 August 2023
Company Number
09717529 (England and Wales)
Registered Office
The Old Barn, Ridlington Park Farm
Holygate Road, Ridlington
Oakham
Rutland
LE15 9AR
England
Accountants
Direct Peak Ltd
Eventus Sunderland Road
Market Deeping
Peterborough
PE6 8FD
Playscape Playgrounds Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
208,404
170,987
Inventories
100,000
30,000
Cash at bank and in hand
9,242
15,963
Creditors: amounts falling due within one year
(371,935)
(348,977)
Net current liabilities
(11,152)
(100,697)
Total assets less current liabilities
197,252
70,290
Creditors: amounts falling due after more than one year
(118,209)
(107,128)
Provisions for liabilities
Net assets/(liabilities)
64,404
(36,838)
Called up share capital
1
1
Profit and loss account
64,403
(36,839)
Shareholders' funds
64,404
(36,838)
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 22 November 2023 and were signed on its behalf by
Mr Lewis Baines
Director
Company Registration No. 09717529
Playscape Playgrounds Ltd
Notes to the Accounts
for the year ended 31 August 2023
Playscape Playgrounds Ltd is a private company, limited by shares, registered in England and Wales, registration number 09717529. The registered office is The Old Barn, Ridlington Park Farm, Holygate Road, Ridlington, Oakham, Rutland, LE15 9AR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 August 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
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 September 2022
99,790
156,611
10,250
16,348
282,999
Additions
31,385
55,209
-
5,683
92,277
At 31 August 2023
131,175
211,820
10,250
22,031
375,276
At 1 September 2022
42,575
58,945
5,188
5,304
112,012
Charge for the year
20,872
29,663
1,012
3,313
54,860
At 31 August 2023
63,447
88,608
6,200
8,617
166,872
At 31 August 2023
67,728
123,212
4,050
13,414
208,404
At 31 August 2022
57,215
97,666
5,062
11,044
170,987
Playscape Playgrounds Ltd
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Trade debtors
241,668
184,603
Accrued income and prepayments
9,873
4,294
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
22,489
34,635
Obligations under finance leases and hire purchase contracts
61,001
13,284
Trade creditors
104,149
93,849
Taxes and social security
178,963
163,789
Other creditors
5,000
1,496
Loans from directors
181
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
60,902
5,280
Loans from directors
-
25,435
8
Average number of employees
During the year the average number of employees was 12 (2022: 9).