TREES_PLEASE_LIMITED - Accounts

TREES PLEASE LIMITED - Company Information

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Company Registration No. 04712010 (England and Wales)

TREES PLEASE LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2016

TREES PLEASE LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 5

TREES PLEASE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MAY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

1,034,600

1,008,667

Current assets

Stocks

415,176

473,680

Debtors

599,018

644,960

Cash at bank and in hand

527,205

129,234

1,541,399

1,247,874

Creditors: amounts falling due within one year

(703,046)

(698,237)

Net current assets

838,353

549,637

Total assets less current liabilities

1,872,953

1,558,304

Creditors: amounts falling due after more than one year

(3,555)

(7,821)

Provisions for liabilities

(164,497)

(155,042)

Accruals and deferred income

(129,063)

(132,504)

1,575,838

1,262,937

Capital and reserves

Called up share capital

151,000

1,000

Profit and loss account

1,424,838

1,261,937

Shareholders' funds

1,575,838

1,262,937

TREES PLEASE LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 MAY 2016

- 2 -

For the financial year ended 31 May 2016 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 financial statements for the year in question in accordance with section 476;

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

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 23 August 2016

Hon. C.R. Beaumont

Director

Company Registration No. 04712010

TREES PLEASE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Property improvements

5% Straight line and 2.5% straight line

Plant and machinery

10% Straight line, 15% reducing balance and

Office equipment

25% Straight line and 25% reducing balance

Fixtures and fittings

25% Straight line and 10% and 25% reducing balance

Motor vehicles

25% Reducing balance

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

1.7

Grants

Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

TREES PLEASE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2016

- 4 -

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 June 2015

298,337

1,385,760

1,684,097

Additions

104,800

Disposals

(1,000)

At 31 May 2016

298,337

1,489,560

1,787,897

Depreciation

At 1 June 2015

298,337

377,093

675,430

On disposals

(1,000)

Charge for the year

78,867

At 31 May 2016

298,337

454,960

753,297

Net book value

At 31 May 2016

1,034,600

At 31 May 2015

1,008,667

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £4,266 (2015 - £4,266).

Creditors: amounts falling due after more than one year

The aggregate amount of creditors for which security has been given amounted to £3,566 (2015 - £7,821).

TREES PLEASE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2016

- 5 -

Share capital

2016

2015

Allotted, called up and fully paid

1,000 Ordinary shares of £1 each

1,000

150,000 Ordinary-A shares of £1 each

150,000

151,000

1,000

During the year 150,000 Ordinary-A shares were issued at par.