Michael Reed Tree Consultant Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 13249194 (England and Wales)

Unaudited Financial Statements

for the Period 5 March 2021 to 31 March 2022

for

Michael Reed Tree Consultant Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs V M Reed

M J Reed

REGISTERED OFFICE:

Castle Farm Barn North Denmead Road

Southwick

Fareham

Hampshire

PO17 6EX

REGISTERED NUMBER:

13249194 (England and Wales)

ACCOUNTANTS:

KT Accountants Limited

Castle Farm Barn North

Denmead Road

Southwick

Hampshire

PO17 6EX

FIXED ASSETS

Tangible assets

4

743

CURRENT ASSETS

Cash at bank

26,357

CREDITORS

Amounts falling due within one year

5

26,345

NET CURRENT ASSETS

12

TOTAL ASSETS LESS CURRENT LIABILITIES

755

CAPITAL AND RESERVES

Called up share capital

6

140

Retained earnings

615

SHAREHOLDERS' FUNDS

755

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2022 and were signed on its behalf by:

M J Reed - Director

1.	STATUTORY INFORMATION

Michael Reed Tree Consultant Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

874

At 31 March 2022

874

DEPRECIATION

Charge for period

131

At 31 March 2022

131

NET BOOK VALUE

At 31 March 2022

743

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

5,365

Other creditors

20,980

26,345

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary £1 Shares

£1

100

10

Ordinary A

£1

10

10

Ordinary B

£1

10

20

Ordinary C

£1

20

140

The following shares were issued during the period for cash at par :

10 Ordinary A shares of £1

10 Ordinary B shares of £1

20 Ordinary C shares of £1

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 March 2022:

£

M J Reed and Mrs V M Reed

Balance outstanding at start of period

-

Amounts repaid

(12,380

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(12,380

)