Company registration number 03323403 (England and Wales)
POUND HILL NURSERY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
POUND HILL NURSERY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
POUND HILL NURSERY LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Cash at bank and in hand
452
197,542
Creditors: amounts falling due within one year
4
587
(12,579)
Net current assets
1,039
184,963
Capital and reserves
Called up share capital
5
2
2
Profit and loss reserves
1,037
184,961
Total equity
1,039
184,963

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 17 November 2023 and are signed on its behalf by:
Ms A Storey
Director
Company registration number 03323403 (England and Wales)
POUND HILL NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 2 -
1
Accounting policies
Company information

Pound Hill Nursery Limited is a private company limited by shares incorporated in England and Wales. The registered office is Vision House, 3A Dee Road, Richmond, Surrey, United Kingdom, TW9 2JN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, . The principal accounting policies adopted are set out below.

1.2
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

POUND HILL NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 3 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
-
0
-
0
4
Creditors: amounts falling due within one year
2023
2022
£
£
Amounts owed to group undertakings
-
0
10,248
Corporation tax
(1,037)
(918)
Other creditors
450
3,249
(587)
12,579
5
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
2 Ordinary shares of £1 each
2
2
2023-02-282022-03-01false17 November 2023CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMs. Merrill StrangePaulNaleChrisAnnaMrs Merrill  Strangefalse033234032022-03-012023-02-28033234032023-02-28033234032022-02-2803323403core:CurrentFinancialInstrumentscore:WithinOneYear2023-02-2803323403core:CurrentFinancialInstrumentscore:WithinOneYear2022-02-2803323403core:CurrentFinancialInstruments2023-02-2803323403core:CurrentFinancialInstruments2022-02-2803323403core:ShareCapital2023-02-2803323403core:ShareCapital2022-02-2803323403core:RetainedEarningsAccumulatedLosses2023-02-2803323403core:RetainedEarningsAccumulatedLosses2022-02-2803323403bus:Director42022-03-012023-02-28033234032021-03-012022-02-2803323403bus:PrivateLimitedCompanyLtd2022-03-012023-02-2803323403bus:SmallCompaniesRegimeForAccounts2022-03-012023-02-2803323403bus:FRS1022022-03-012023-02-2803323403bus:AuditExemptWithAccountantsReport2022-03-012023-02-2803323403bus:Director12022-03-012023-02-2803323403bus:Director22022-03-012023-02-2803323403bus:Director32022-03-012023-02-2803323403bus:Director52022-03-012023-02-2803323403bus:CompanySecretary12022-03-012023-02-2803323403bus:FullAccounts2022-03-012023-02-28xbrli:purexbrli:sharesiso4217:GBP