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A.A. Landscapes Limited SC527289 false 2016-02-18 2017-03-31 2017-03-31 The principal activity of the company is the provision of gardening and landscaping services Digita Accounts Production Advanced 6.18.8247.0 Software true SC527289 2016-02-18 2017-03-31 SC527289 2017-03-31 SC527289 core:RetainedEarningsAccumulatedLosses 2017-03-31 SC527289 core:ShareCapital 2017-03-31 SC527289 core:CurrentFinancialInstruments 2017-03-31 SC527289 core:CurrentFinancialInstruments core:WithinOneYear 2017-03-31 SC527289 core:MotorVehicles 2017-03-31 SC527289 core:OtherPropertyPlantEquipment 2017-03-31 SC527289 bus:SmallEntities 2016-02-18 2017-03-31 SC527289 bus:AuditExemptWithAccountantsReport 2016-02-18 2017-03-31 SC527289 bus:FullAccounts 2016-02-18 2017-03-31 SC527289 bus:RegisteredOffice 2016-02-18 2017-03-31 SC527289 bus:Director1 2016-02-18 2017-03-31 SC527289 bus:Director2 2016-02-18 2017-03-31 SC527289 bus:OrdinaryShareClass1 2016-02-18 2017-03-31 SC527289 bus:OrdinaryShareClass1 bus:CumulativeShares 2016-02-18 2017-03-31 SC527289 bus:PrivateLimitedCompanyLtd 2016-02-18 2017-03-31 SC527289 bus:Agent1 2016-02-18 2017-03-31 SC527289 core:RetainedEarningsAccumulatedLosses 2016-02-18 2017-03-31 SC527289 core:ShareCapital 2016-02-18 2017-03-31 SC527289 core:MotorVehicles 2016-02-18 2017-03-31 SC527289 core:OfficeEquipment 2016-02-18 2017-03-31 SC527289 core:OtherPropertyPlantEquipment 2016-02-18 2017-03-31 SC527289 core:PlantMachinery 2016-02-18 2017-03-31 SC527289 countries:Scotland 2016-02-18 2017-03-31 iso4217:GBP xbrli:pure

Registration number: SC527289

A.A. Landscapes Limited

Annual Report and Unaudited Financial Statements

for the Period from 18 February 2016 to 31 March 2017

Williamsons Chartered Accountants
Rosewood
Raemoir Road
Banchory
Kincardineshire
AB31 4ET

 

A.A. Landscapes Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Statement of Changes in Equity

5

Notes to the Financial Statements

6 to 11

 

A.A. Landscapes Limited

Company Information

Directors

Mr Arthur George Allanach

Mrs Fiona Elizabeth Allanach

Registered office

Rosewood
Raemoir Road
Banchory
AB31 4ET

Bankers

Clydesdale Bank PLC
Banchory
38 High Street
Banchory
AB31 5SR

Accountants

Williamsons Chartered Accountants
Rosewood
Raemoir Road
Banchory
Kincardineshire
AB31 4ET

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
A.A. Landscapes Limited
for the Period Ended 31 March 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of A.A. Landscapes Limited for the period ended 31 March 2017 as set out on pages 3 to 11 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 Board of Directors of A.A. 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 accounts of A.A. Landscapes Limited and state those matters that we have agreed to state to the Board of Directors of A.A. Landscapes Limited, 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 A.A. Landscapes Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that A.A. Landscapes Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of A.A. Landscapes Limited. You consider that A.A. Landscapes Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of A.A. 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 accounts.

......................................

Williamsons Chartered Accountants
Rosewood
Raemoir Road
Banchory
Kincardineshire
AB31 4ET

11 July 2017

 

A.A. Landscapes Limited

(Registration number: SC527289)
Balance Sheet as at 31 March 2017

Note

2017
£

Fixed assets

 

Tangible assets

4

3,373

Current assets

 

Debtors

5

8,029

Cash at bank and in hand

 

16,149

 

24,178

Creditors: Amounts falling due within one year

6

(12,103)

Net current assets

 

12,075

Total assets less current liabilities

 

15,448

Provisions for liabilities

(369)

Net assets

 

15,079

Capital and reserves

 

Called up share capital

100

Profit and loss account

14,979

Total equity

 

15,079

 

A.A. Landscapes Limited

(Registration number: SC527289)
Balance Sheet as at 31 March 2017

For the financial period ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 11 July 2017 and signed on its behalf by:
 

.........................................

Mr Arthur George Allanach

Director

 

A.A. Landscapes Limited

Statement of Changes in Equity for the Period from 18 February 2016 to 31 March 2017

Share capital
£

Profit and loss account
£

Total
£

Profit for the period

-

35,979

35,979

Total comprehensive income

-

35,979

35,979

Dividends

-

(21,000)

(21,000)

New share capital subscribed

100

-

100

At 31 March 2017

100

14,979

15,079

 

A.A. Landscapes Limited

Notes to the Financial Statements for the Period from 18 February 2016 to 31 March 2017

1

General information

The company is a private company limited by share capital incorporated in Scotland.

The address of its registered office is:
Rosewood
Raemoir Road
Banchory
AB31 4ET
Scotland

The principal place of business is:
Lotharing
Drumoak
Banchory
Kincardineshire
AB31 5AE

These financial statements were authorised for issue by the Board on 11 July 2017.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Other property, plant & equipment

25% straight line

Motor vehicles

25% straight line

 

A.A. Landscapes Limited

Notes to the Financial Statements for the Period from 18 February 2016 to 31 March 2017

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

A.A. Landscapes Limited

Notes to the Financial Statements for the Period from 18 February 2016 to 31 March 2017

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

 

A.A. Landscapes Limited

Notes to the Financial Statements for the Period from 18 February 2016 to 31 March 2017

4

Tangible assets

Motor vehicles
 £

Other property, plant and equipment
 £

Total
£

Cost or valuation

Additions

100

4,111

4,211

At 31 March 2017

100

4,111

4,211

Depreciation

Charge for the

25

813

838

At 31 March 2017

25

813

838

Carrying amount

At 31 March 2017

75

3,298

3,373

5

Debtors

2017
£

Trade debtors

7,438

Other debtors

591

Total current trade and other debtors

8,029

6

Creditors

Note

2017
£

Due within one year

 

Bank loans and overdrafts

7

611

Other creditors

 

11,492

 

12,103

 

A.A. Landscapes Limited

Notes to the Financial Statements for the Period from 18 February 2016 to 31 March 2017

7

Loans and borrowings

2017
£

Current loans and borrowings

Other borrowings

611

Other borrowings

Directors current account with a carrying amount of £611 ( - £Nil) is denominated in sterling with a nominal interest rate of nil. The final instalment is due on 31 March 2018.

8

Dividends

Final dividends paid

 

2017
£

Final dividend of £110 per each Ordinary A Share share

11,000

   

Interim dividends paid

 

2017
£

Interim dividend of £100 per each Ordinary shares share

10,000

   

9

Related party transactions

Transactions with directors

Directors' remuneration

The directors' remuneration for the period was as follows:

2017
£

Remuneration

216

Contributions paid to money purchase schemes

6,466

6,682

 

A.A. Landscapes Limited

Notes to the Financial Statements for the Period from 18 February 2016 to 31 March 2017

Dividends paid to directors

 

2017
£

Mr Arthur George Allanach

 

Ordinary A share

10,500

   
       

Mrs Fiona Elizabeth Allanach

 

Ordinary A share

10,500