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REGISTERED NUMBER: SC527324 (Scotland)







Unaudited Financial Statements

For The Year Ended 28th February 2023

for

Burnside Nursery Limited

Burnside Nursery Limited (Registered number: SC527324)






Contents of the Financial Statements
For The Year Ended 28th February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Burnside Nursery Limited

Company Information
For The Year Ended 28th February 2023







DIRECTORS: M McGeough
Mrs C McGeough





SECRETARY:





REGISTERED OFFICE: 8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP





REGISTERED NUMBER: SC527324 (Scotland)





ACCOUNTANTS: J S Mackie & Co Ltd
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP

Burnside Nursery Limited (Registered number: SC527324)

Balance Sheet
28th February 2023

2023 2022
Notes £ £
FIXED ASSETS
Tangible assets 4 265,161 265,246

CURRENT ASSETS
Debtors 5 50,000 40,000
Cash at bank 8,325 2,830
58,325 42,830
CREDITORS
Amounts falling due within one year 6 (255,636 ) (253,822 )
NET CURRENT LIABILITIES (197,311 ) (210,992 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,850

54,254

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 67,750 54,154
SHAREHOLDERS' FUNDS 67,850 54,254

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2023 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.

Burnside Nursery Limited (Registered number: SC527324)

Balance Sheet - continued
28th February 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th October 2023 and were signed on its behalf by:





M McGeough - Director


Burnside Nursery Limited (Registered number: SC527324)

Notes to the Financial Statements
For The Year Ended 28th February 2023

1. STATUTORY INFORMATION

Burnside Nursery Limited is a private company, limited by shares , registered in Scotland. 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.

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 etc - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Burnside Nursery Limited (Registered number: SC527324)

Notes to the Financial Statements - continued
For The Year Ended 28th February 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1st March 2022
and 28th February 2023 264,680 1,500 266,180
DEPRECIATION
At 1st March 2022 - 934 934
Charge for year - 85 85
At 28th February 2023 - 1,019 1,019
NET BOOK VALUE
At 28th February 2023 264,680 481 265,161
At 28th February 2022 264,680 566 265,246

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other debtors 50,000 40,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Taxation and social security 3,209 2,641
Other creditors 252,427 251,181
255,636 253,822

Burnside Nursery Limited

Report of the Accountants to the Directors of
Burnside Nursery Limited

The following reproduces the text of the report prepared for the directors 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 Directors 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 28th February 2023 set out on pages three to six 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.






J S Mackie & Co Ltd
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP


6th October 2023