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REGISTERED NUMBER: SC243835 (Scotland)














Unaudited Financial Statements

for the Year Ended 31 July 2023

for

Harlequin Nurseries Ltd

Harlequin Nurseries Ltd (Registered number: SC243835)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Harlequin Nurseries Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mrs A Eakins





REGISTERED OFFICE: 61 Wellesley Crescent
Hairmyres
East Kilbride
Glasgow
G72 8TS





REGISTERED NUMBER: SC243835 (Scotland)





ACCOUNTANTS: Gordon Ferguson & Co Ltd
76 Hamilton Road
Motherwell
Lanarkshire
ML1 3BY

Harlequin Nurseries Ltd (Registered number: SC243835)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,106 23,042
Investments 5 773,850 773,850
804,956 796,892

CURRENT ASSETS
Debtors 6 67,312 48,828
Cash at bank and in hand 234,014 207,261
301,326 256,089
CREDITORS
Amounts falling due within one year 7 70,727 63,036
NET CURRENT ASSETS 230,599 193,053
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,035,555

989,945

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,035,554 989,944
SHAREHOLDERS' FUNDS 1,035,555 989,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 4 October 2023 and were signed by:





Mrs A Eakins - Director


Harlequin Nurseries Ltd (Registered number: SC243835)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Harlequin Nurseries Ltd 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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 AND DIRECTORS

The average number of employees during the year was 29 (2022 - 28 ) .

Harlequin Nurseries Ltd (Registered number: SC243835)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2022 37,590 31,650 69,240
Additions 3,396 12,118 15,514
At 31 July 2023 40,986 43,768 84,754
DEPRECIATION
At 1 August 2022 23,407 22,791 46,198
Charge for year 3,738 3,712 7,450
At 31 July 2023 27,145 26,503 53,648
NET BOOK VALUE
At 31 July 2023 13,841 17,265 31,106
At 31 July 2022 14,183 8,859 23,042

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2022
and 31 July 2023 773,850
NET BOOK VALUE
At 31 July 2023 773,850
At 31 July 2022 773,850

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 62,946 44,998
Prepayments and accrued income 4,366 3,830
67,312 48,828

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other loans 29,937 39,916
Trade creditors - 460
Tax 15,346 -
Social security and other taxes 3,905 4,117
Other creditors 8,911 4,974
Directors' current accounts 2,193 3,140
Accrued expenses 10,435 10,429
70,727 63,036

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs A Eakins.

Harlequin Nurseries Ltd

Report of the Accountants to the Director of
Harlequin Nurseries Ltd

The following reproduces the text of the report prepared for the director 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 Director 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 31 July 2023 set out on pages two 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.






Gordon Ferguson & Co Ltd
76 Hamilton Road
Motherwell
Lanarkshire
ML1 3BY


4 October 2023