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REGISTERED NUMBER: 03683709 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

PLANTERS BRETBY LIMITED

PLANTERS BRETBY LIMITED (REGISTERED NUMBER: 03683709)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PLANTERS BRETBY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTORS: G G Ingram
Mrs C Ingram





SECRETARY: Mrs C Ingram





REGISTERED OFFICE: Woodlands Farm
Freasley
Tamworth
Staffordshire
B78 2EY





REGISTERED NUMBER: 03683709 (England and Wales)





AUDITORS: Philip Barnes & Co Limited
Chartered Accountants
Statutory Auditors
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

PLANTERS BRETBY LIMITED (REGISTERED NUMBER: 03683709)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,332,538 1,365,239

CURRENT ASSETS
Stocks 1,681,270 1,079,360
Debtors 5 47,948 182,982
Cash at bank and in hand 195,961 339,768
1,925,179 1,602,110
CREDITORS
Amounts falling due within one year 6 750,451 681,071
NET CURRENT ASSETS 1,174,728 921,039
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,507,266

2,286,278

PROVISIONS FOR LIABILITIES 51,000 30,000
NET ASSETS 2,456,266 2,256,278

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 2,455,766 2,255,778
SHAREHOLDERS' FUNDS 2,456,266 2,256,278

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 28 September 2023 and were signed on its behalf by:





G G Ingram - Director


PLANTERS BRETBY LIMITED (REGISTERED NUMBER: 03683709)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1. STATUTORY INFORMATION

Planters at Bretby Limited is a private company, limited by shares, registered in England and Wales. The company's place of business is Bretby Lane, Burton Upon Trent DE15 0QS, and its registered number and 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 the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Related party exemption
The company has taken advantage of 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.

The company's parent undertaking Ingram Retailing Ltd, includes the company in it's consolidated financial statements, and these are available at its registered office Woodlands Farm, Freasley, Tamworth, Staffordshire, B78 2EY.

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.
Freehold property - 3.33% - 5% on cost
Plant, fixtures and fittings - 20% reducing balance
Motor vehicles - 25% reducing balance

Stocks
Stocks are valued at lower of cost, and estimated selling price less costs to sell.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

PLANTERS BRETBY LIMITED (REGISTERED NUMBER: 03683709)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

2. ACCOUNTING POLICIES - continued

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.

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.

3. EMPLOYEES

The average number of employees during the year was 74 (2021 - 57 ) .

4. TANGIBLE FIXED ASSETS
Plant,
fixtures
Freehold and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2022 1,687,994 524,314 38,835 2,251,143
Additions - 66,433 - 66,433
At 31 December 2022 1,687,994 590,747 38,835 2,317,576
DEPRECIATION
At 1 January 2022 571,031 296,500 18,373 885,904
Charge for year 42,078 51,940 5,116 99,134
At 31 December 2022 613,109 348,440 23,489 985,038
NET BOOK VALUE
At 31 December 2022 1,074,885 242,307 15,346 1,332,538
At 31 December 2021 1,116,963 227,814 20,462 1,365,239

Included in cost of land and buildings is freehold land of £ 419,837 (2021 - £ 419,837 ) which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 60 132
Amounts owed by group undertakings 10,901 136,760
Prepayments and accrued income 36,987 46,090
47,948 182,982

PLANTERS BRETBY LIMITED (REGISTERED NUMBER: 03683709)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 276,187 320,525
Amounts owed to group undertakings 316,563 91,597
Corporation Tax 4,000 149,500
Social security and other taxes 137,641 109,987
Accruals and deferred income 16,060 9,462
750,451 681,071

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

The Report of the Auditors was unqualified.

Christopher Humphreys FCA (Senior Statutory Auditor)
for and on behalf of Philip Barnes & Co Limited

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G G Ingram.