8337018falseGarden Centre2021-01-012021-12-31http://www.companieshouse.gov.uk/2020-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2020-12-31http://www.companieshouse.gov.uk/cd:Director12021-01-012021-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2021-12-31http://www.companieshouse.gov.uk/cd:Director22021-01-012021-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12021-01-012021-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2021-01-012021-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2021-01-012021-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2021-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2020-12-31http://www.companieshouse.gov.uk/2021-01-012021-12-31http://www.companieshouse.gov.uk/2020-12-31http://www.companieshouse.gov.uk/cd:FRS1022021-01-012021-12-31http://www.companieshouse.gov.uk/2021-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2021-01-012021-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2021-01-012021-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 8337018

Lyndhurst Garden Centre Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/12/2021

Prepared By:
Greenhalgh Johnson Ltd
Accountants & Tax Advisors
Elland House
22 High Street
Burgh le Marsh
Skegness
PE24 5JT

Lyndhurst Garden Centre Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/12/2021
DIRECTORS
Andrew Basil Clow
Stephen Paul Clow
REGISTERED OFFICE
Skegness Road
Burgh le Marsh
Skegness
Lincolnshire
PE24 5AA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 8337018
BANKERS
HSBC
ACCOUNTANTS
Greenhalgh Johnson Ltd
Accountants & Tax Advisors
Elland House
22 High Street
Burgh le Marsh
Skegness
PE24 5JT

Lyndhurst Garden Centre Ltd

ACCOUNTS
FOR THEYEARENDED31/12/2021
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Lyndhurst Garden Centre Ltd

BALANCE SHEET AT 31/12/2021
20212020
Notes££
FIXED ASSETS
Tangible assets31,010,049847,870
CURRENT ASSETS
Stock326,307236,917
Debtors567,62239,273
Cash at bank and in hand61,139100,769
455,068376,959
CREDITORS: Amounts falling due within one year6475,360361,272
NET CURRENT (LIABILITIES) / ASSETS(20,292)15,687
TOTAL ASSETS LESS CURRENT LIABILITIES989,757863,557
CREDITORS: Amounts falling due after more than one year7470,916505,111
PROVISIONS FOR LIABILITIES AND CHARGES832,1468,481
NET ASSETS486,695349,965
CAPITAL AND RESERVES
Called up share capital922
Profit and loss account486,693349,963
SHAREHOLDERS' FUNDS486,695349,965
For the year ending 31/12/2021 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 13/09/2022 and signed on their behalf by
.............................
Andrew Basil Clow
Director
.............................
Stephen Paul Clow
Director

Lyndhurst Garden Centre Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2021
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance25%
Equipmentreducing balance25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.
2. EMPLOYEES
20212020
No.No.
Average number of employees1212

Lyndhurst Garden Centre Ltd

3. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 01/01/2021803,23288,902892,134
Additions-218,671218,671
Disposals-(8,406)(8,406)
At 31/12/2021803,232299,1671,102,399
Depreciation
At 01/01/2021-44,26444,264
Disposals-(5,667)(5,667)
For the year-53,75353,753
At 31/12/2021-92,35092,350
Net Book Amounts
At 31/12/2021803,232206,8171,010,049
At 31/12/2020803,23244,638847,870
4. STOCK 20212020
££
Stock comprises:
Stock326,307236,917
326,307236,917
5. DEBTORS 20212020
££
Amounts falling due within one year:
Trade debtors40,55324,996
VAT19,2527,835
Other debtors7,8176,442
67,62239,273

Lyndhurst Garden Centre Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20212020
££
Bank loans and overdrafts70,71740,403
Trade creditors345,862153,512
Taxation and social security7,41839,235
Other creditors51,294128,057
475,291361,207
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20212020
££
Bank loans and overdrafts451,018481,054
Other creditors19,89824,057
470,916505,111
Included in other creditors are:
Obligations under hire purchase19,89824,057
8. PROVISIONS FOR LIABILITIES 20212020
££
Deferred taxation32,1468,481
32,1468,481
9. SHARE CAPITAL 20212020
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
New shares issued during period:
2 Ordinary shares of £1 each22

Lyndhurst Garden Centre Ltd

10. CONTROLLING PARTY
The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.