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REGISTERED NUMBER: 01178930 (England and Wales)


















Brinkman (Horticultural Service) U.K.Ltd

Financial Statements for the Year Ended 31st December 2021






Brinkman (Horticultural Service) U.K.Ltd (Registered number: 01178930)






Contents of the Financial Statements
for the year ended 31st December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Brinkman (Horticultural Service) U.K.Ltd

Company Information
for the year ended 31st December 2021







DIRECTORS: J R Schuttrups
T van Mill
G H Notley





REGISTERED OFFICE: Heron Buildings
Plaxton Bridge Road
Woodmansey
Beverley
East Yorkshire
HU17 0RT





REGISTERED NUMBER: 01178930 (England and Wales)





AUDITORS: Smailes Goldie
Chartered Accountants
Statutory Auditor
Regent's Court
Princess Street
Hull
East Yorkshire HU2 8BA

Brinkman (Horticultural Service) U.K.Ltd (Registered number: 01178930)

Balance Sheet
31st December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 308,786 159,444

CURRENT ASSETS
Stocks 5 190,679 128,013
Debtors 6 1,828,257 1,458,687
Cash at bank 1,159,471 1,355,831
3,178,407 2,942,531
CREDITORS
Amounts falling due within one year 7 2,004,622 1,761,242
NET CURRENT ASSETS 1,173,785 1,181,289
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,482,571

1,340,733

PROVISIONS FOR LIABILITIES 16,312 -
NET ASSETS 1,466,259 1,340,733

CAPITAL AND RESERVES
Called up share capital 9 400,000 400,000
Retained earnings 1,066,259 940,733
SHAREHOLDERS' FUNDS 1,466,259 1,340,733

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th September 2022 and were signed on its behalf by:





G H Notley - Director


Brinkman (Horticultural Service) U.K.Ltd (Registered number: 01178930)

Notes to the Financial Statements
for the year ended 31st December 2021

1. STATUTORY INFORMATION

Brinkman (Horticultural Service) U.K.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.

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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

The company's ultimate holding company is Brinkman S- Gravenzande Holding BV a company incorporated in Holland, in whose group accounts, the results of this company are consolidated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on the dispatch of goods.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and machinery etc. - between 3 and 10 years

Brinkman (Horticultural Service) U.K.Ltd (Registered number: 01178930)

Notes to the Financial Statements - continued
for the year ended 31st December 2021

2. ACCOUNTING POLICIES - continued

Stocks
Stock and work in progress is stated at the lower of cost and net realisable value and includes costs on delivery contracts recognised on a commissioned basis with the amounts of any payments on account and deferred invoicing within creditors.

Cost represents that expenditure which has been incurred in the normal course of business in bringing the product or service to its present location and condition. Cost is calculated using the first-in, first-out formula.

Net realisable value means estimated selling price less all further costs to completion and all cost to be incurred in marketing, selling and distribution.

In the case of work in progress, and production contracts the amount by which recorded turnover is in excess of payments on account is included in debtors as amounts recoverable on long term contracts. Payments in excess of recorded turnover and long term contracts are included in creditors as payments on account. The amount by which provisions or accruals for foreseeable losses exceed costs incurred, after transfers to cost of sales, is included within either provisions for liabilities and charges or creditors, as appropriate.

The amount of long term contracts, at cost incurred, less amounts transferred to cost of sales, after deducting foreseeable losses and payments on account not matched with turnover, is included in stocks and work in progress as long term contract balances.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Foreign currencies
Foreign currency transactions are initially recognised by applying to the foreign currency amount the spot exchange rate between the functional currency and the foreign currency at the date of the transaction.

Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated using the closing rate.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Brinkman (Horticultural Service) U.K.Ltd (Registered number: 01178930)

Notes to the Financial Statements - continued
for the year ended 31st December 2021

2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2020 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2021 288,101
Additions 258,215
Disposals (104,539 )
At 31st December 2021 441,777
DEPRECIATION
At 1st January 2021 128,657
Charge for year 67,811
Eliminated on disposal (63,477 )
At 31st December 2021 132,991
NET BOOK VALUE
At 31st December 2021 308,786
At 31st December 2020 159,444

5. STOCKS
2021 2020
£    £   
Raw materials 190,679 128,013

Brinkman (Horticultural Service) U.K.Ltd (Registered number: 01178930)

Notes to the Financial Statements - continued
for the year ended 31st December 2021

6. DEBTORS
2021 2020
£    £   
Amounts falling due within one year:
Trade debtors 1,268,793 956,041
Amounts owed by group undertakings 46,679 59,080
Other debtors 284,480 170,196
1,599,952 1,185,317

Amounts falling due after more than one year:
Amounts owed by group undertakings 228,305 273,370

Aggregate amounts 1,828,257 1,458,687

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 1,266,863 1,000,702
Tax 363 36,136
Social security and other taxes 251,856 253,056
Other creditors 35,381 41,367
Amounts due to group
undertakings 206,968 335,890
Accruals and deferred income 243,191 94,091
2,004,622 1,761,242

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2021 2020
£    £   
Within one year 43,800 27,500
Between one and five years 147,700 110,000
In more than five years 150,775 -
342,275 137,500

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
400,000 Ordinary £1 400,000 400,000

Brinkman (Horticultural Service) U.K.Ltd (Registered number: 01178930)

Notes to the Financial Statements - continued
for the year ended 31st December 2021

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Martin Overfield FCA (Senior Statutory Auditor)
for and on behalf of Smailes Goldie

11. RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12. ULTIMATE CONTROLLING PARTY

The ultimate holding company of this company is Brinkman S - Gravenzande Holding BV, a company incorporated in Holland.

The largest and smallest group in which results of the company are conslidated is that headed by Brinkman S - Gravenzande Holding BV. The consolidated financial statements of the group are available to the public and may be obtained from Brinkman S - Gravenzande Holding BV, Woutersweg 10, Postbus 2,2690 AA s'Gravenzande, the registered office.