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REGISTERED NUMBER: 01835829 (England and Wales)















Daisy Nook Garden Centre Limited

Unaudited Financial Statements For The Year Ended 30 September 2023






Daisy Nook Garden Centre Limited (Registered number: 01835829)






Contents of the Financial Statements
For The Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Daisy Nook Garden Centre Limited

Company Information
For The Year Ended 30 September 2023







DIRECTORS: R G S Calder
A G S Calder
M Llewellin





SECRETARY: A G S Calder





REGISTERED OFFICE: Daisy Nook Garden Centre
Stannybrook Road Daisy Nook
Failsworth
Manchester
M35 9WJ





REGISTERED NUMBER: 01835829 (England and Wales)





ACCOUNTANTS: Huddart
Chartered Accountants
164 Walkden Road
Walkden
Worsley
Manchester
M28 7DP

Daisy Nook Garden Centre Limited (Registered number: 01835829)

Balance Sheet
30 September 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,242,121 1,274,406

CURRENT ASSETS
Stocks 214,522 225,134
Debtors 5 6,518 2,926
Cash at bank and in hand 18,121 39,631
239,161 267,691
CREDITORS
Amounts falling due within one year 6 (202,588 ) (180,409 )
NET CURRENT ASSETS 36,573 87,282
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,278,694

1,361,688

CREDITORS
Amounts falling due after more than one
year

7

(680,555

)

(651,937

)

PROVISIONS FOR LIABILITIES (8,775 ) (10,740 )
NET ASSETS 589,364 699,011

CAPITAL AND RESERVES
Called up share capital 8,001 8,001
Share premium 44,127 44,127
Revaluation reserve 8 226,955 226,955
Capital redemption reserve 4,000 4,000
Retained earnings 306,281 415,928
SHAREHOLDERS' FUNDS 589,364 699,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Daisy Nook Garden Centre Limited (Registered number: 01835829)

Balance Sheet - continued
30 September 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 28 November 2023 and were signed on its behalf by:





A G S Calder - Director


Daisy Nook Garden Centre Limited (Registered number: 01835829)

Notes to the Financial Statements
For The Year Ended 30 September 2023

1. STATUTORY INFORMATION

Daisy Nook Garden Centre Limited 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.

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 - 2% straight line on valuation
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance and 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 36 (2022 - 33 ) .

Daisy Nook Garden Centre Limited (Registered number: 01835829)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2022 1,413,327 710,694 2,124,021
Additions - 1,162 1,162
At 30 September 2023 1,413,327 711,856 2,125,183
DEPRECIATION
At 1 October 2022 204,000 645,615 849,615
Charge for year 20,400 13,047 33,447
At 30 September 2023 224,400 658,662 883,062
NET BOOK VALUE
At 30 September 2023 1,188,927 53,194 1,242,121
At 30 September 2022 1,209,327 65,079 1,274,406

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 6,518 2,926

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 35,276 35,276
Trade creditors 73,874 69,221
Taxation and social security 47,751 30,091
Other creditors 45,687 45,821
202,588 180,409

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 638,755 651,937
Other creditors 41,800 -
680,555 651,937

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 497,650 510,832

Of the creditors the bank loans and overdrafts totalling £674,031 (2022 £687,213) are secured against the freehold land and property.

Daisy Nook Garden Centre Limited (Registered number: 01835829)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023

8. RESERVES
Revaluation
reserve
£   
At 1 October 2022
and 30 September 2023 226,955

9. ULTIMATE CONTROLLING PARTY

No party has overall control of the business.