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REGISTERED NUMBER: 00446497 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2021

for

A B Cave (Nurseries) Limited
Trading as
A B Cave (Nurseries) Limited

A B Cave (Nurseries) Limited (Registered number: 00446497)
Trading as A B Cave (Nurseries) Limited

Contents of the Financial Statements
for the Year Ended 31st December 2021










Page

Balance Sheet 1

Notes to the Financial Statements 3


A B Cave (Nurseries) Limited (Registered number: 00446497)
Trading as A B Cave (Nurseries) Limited

Balance Sheet
31st December 2021

2021 2020
Notes £ £ £ £
Fixed assets
Intangible assets 4 1,020 -
Tangible assets 5 41,289 30,699
Investments 6 6,300 50
48,609 30,749

Current assets
Stocks 191,524 111,968
Debtors 7 94,904 152,730
Cash at bank 292,062 289,688
578,490 554,386
Creditors
Amounts falling due within one year 8 146,112 138,459
Net current assets 432,378 415,927
Total assets less current liabilities 480,987 446,676

Provisions for liabilities 5,833 5,833
Net assets 475,154 440,843

Capital and reserves
Called up share capital 6,000 6,000
Retained earnings 469,154 434,843
475,154 440,843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2021 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.

A B Cave (Nurseries) Limited (Registered number: 00446497)
Trading as A B Cave (Nurseries) Limited

Balance Sheet - continued
31st December 2021


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 10th September 2022 and were signed on its behalf by:





Mr P A Godfrey - Director


A B Cave (Nurseries) Limited (Registered number: 00446497)
Trading as A B Cave (Nurseries) Limited

Notes to the Financial Statements
for the Year Ended 31st December 2021


1. Statement of compliance

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.

2. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

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

Financial instruments
The company classifies its financial instruments in the following categories: measured at amortised cost; and measured at fair value through profit and loss. The classification is determined at initial recognition and depends on the purpose for which the financial instruments are required.

Measured at amortised cost includes non-derivative financial assets and liabilities with fixed or determinable payments that are not quoted in an active market. Financial assets are included in current assets, except where the maturity date is more than 12 months after the end of the reporting period. They are initially recorded at fair value and subsequently recorded at amortised cost. Financial liabilities are included in current liabilities, except where the maturity date is more than 12 months after the end of the reporting period. They are initially measured at original cost, less amortisation or provisions raised.

Measured at fair value through profit and loss includes financial assets and liabilities. They are classified according to maturity date, within current and non-current assets and liabilities respectively.


A B Cave (Nurseries) Limited (Registered number: 00446497)
Trading as A B Cave (Nurseries) Limited

Notes to the Financial Statements - continued
for the Year Ended 31st December 2021


2. Accounting policies - continued
Taxation
Taxation for the year 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 year 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.

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 2 (2020 - 2 ) .

4. Intangible fixed assets
Entitlements
£
Cost
Additions 1,020
At 31st December 2021 1,020
Net book value
At 31st December 2021 1,020

A B Cave (Nurseries) Limited (Registered number: 00446497)
Trading as A B Cave (Nurseries) Limited

Notes to the Financial Statements - continued
for the Year Ended 31st December 2021


5. Tangible fixed assets
Long Plant and
leasehold machinery Totals
£ £ £
Cost
At 1st January 2021 101,004 137,566 238,570
Additions 15,516 - 15,516
At 31st December 2021 116,520 137,566 254,086
Depreciation
At 1st January 2021 99,414 108,457 207,871
Charge for year 550 4,376 4,926
At 31st December 2021 99,964 112,833 212,797
Net book value
At 31st December 2021 16,556 24,733 41,289
At 31st December 2020 1,590 29,109 30,699

6. Fixed asset investments
Other
investments
£
Cost
At 1st January 2021 50
Additions 6,250
At 31st December 2021 6,300
Net book value
At 31st December 2021 6,300
At 31st December 2020 50

7. Debtors: amounts falling due within one year
2021 2020
£ £
Trade debtors 84,235 76,364
Other debtors 10,669 76,366
94,904 152,730

A B Cave (Nurseries) Limited (Registered number: 00446497)
Trading as A B Cave (Nurseries) Limited

Notes to the Financial Statements - continued
for the Year Ended 31st December 2021


8. Creditors: amounts falling due within one year
2021 2020
£ £
Trade creditors 34,052 89,146
Taxation and social security 12,019 9,302
Other creditors 100,041 40,011
146,112 138,459