Professional Lawn Services (L & C) Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04690415 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2018

FOR

PROFESSIONAL LAWN SERVICES

(LANDSCAPE AND CONSTRUCTION) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTOR:

Mr S P Randall

REGISTERED OFFICE:

4 Spur Road

Cosham

Portsmouth

Hampshire

PO6 3EB

REGISTERED NUMBER:

04690415 (England and Wales)

ACCOUNTANTS:

AMR Bookkeeping & Accounts Limited

4 Spur Road

Cosham

PORTSMOUTH

Hampshire

PO6 3EB

FIXED ASSETS

Tangible assets

4

3,131

3,581

CURRENT ASSETS

Stocks

5

1,845

6,860

Debtors

6

5,050

8,725

Cash at bank

28,133

18,796

35,028

34,381

CREDITORS

Amounts falling due within one year

7

39,571

40,168

NET CURRENT LIABILITIES

(4,543

)

(5,787

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,412

)

(2,206

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(1,413

)

(2,207

)

SHAREHOLDERS' FUNDS

(1,412

)

(2,206

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 13 August 2018 and were signed by:

Mr S P Randall - Director

1.	STATUTORY INFORMATION

Professional Lawn Services (Landscape And Construction) Limited 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Office Equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 June 2017

9,280

37,042

1,909

48,231

Additions

-

-

333

333

At 31 May 2018

9,280

37,042

2,242

48,564

DEPRECIATION

At 1 June 2017

8,120

35,022

1,508

44,650

Charge for year

232

404

147

783

At 31 May 2018

8,352

35,426

1,655

45,433

NET BOOK VALUE

At 31 May 2018

928

1,616

587

3,131

At 31 May 2017

1,160

2,020

401

3,581

5.

STOCKS

31.5.18

31.5.17

£

£

Stocks

1,845

6,860

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade debtors

5,050

8,725

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade creditors

1,962

3,598

Tax

6,530

5,672

Social security and other taxes

80

-

VAT

4,562

2,218

Directors' current accounts

24,956

27,631

Accrued expenses

1,481

1,049

39,571

40,168

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2018 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

AMR Bookkeeping & Accounts Limited

4 Spur Road

Cosham

PORTSMOUTH

Hampshire

PO6 3EB

Date: .............................................