IRIS Accounts Production v24.1.0.578 04041004 Board of Directors 1.9.22 31.8.23 31.8.23 false true false false true false 91848 100532 18478 30332 21073 21648 94443 91848 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh040410042022-08-31040410042023-08-31040410042022-09-012023-08-31040410042021-08-31040410042021-09-012022-08-31040410042022-08-3104041004ns15:EnglandWales2022-09-012023-08-3104041004ns14:PoundSterling2022-09-012023-08-3104041004ns10:Director12022-09-012023-08-3104041004ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3104041004ns10:SmallEntities2022-09-012023-08-3104041004ns10:AuditExemptWithAccountantsReport2022-09-012023-08-3104041004ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3104041004ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3104041004ns10:FullAccounts2022-09-012023-08-310404100441ns10:Director12022-08-310404100441ns10:Director12021-08-310404100441ns10:Director12022-09-012023-08-310404100441ns10:Director12021-09-012022-08-310404100441ns10:Director12023-08-310404100441ns10:Director12022-08-3104041004ns10:Director22022-09-012023-08-3104041004ns10:CompanySecretary12022-09-012023-08-3104041004ns10:RegisteredOffice2022-09-012023-08-3104041004ns5:CurrentFinancialInstruments2023-08-3104041004ns5:CurrentFinancialInstruments2022-08-3104041004ns5:ShareCapital2023-08-3104041004ns5:ShareCapital2022-08-3104041004ns5:RetainedEarningsAccumulatedLosses2023-08-3104041004ns5:RetainedEarningsAccumulatedLosses2022-08-3104041004ns5:LeaseholdImprovements2022-09-012023-08-3104041004ns5:PlantMachinery2022-09-012023-08-3104041004ns5:FurnitureFittings2022-09-012023-08-3104041004ns5:LeaseholdImprovements2022-08-3104041004ns5:PlantMachinery2022-08-3104041004ns5:FurnitureFittings2022-08-3104041004ns5:LeaseholdImprovements2023-08-3104041004ns5:PlantMachinery2023-08-3104041004ns5:FurnitureFittings2023-08-3104041004ns5:LeaseholdImprovements2022-08-3104041004ns5:PlantMachinery2022-08-3104041004ns5:FurnitureFittings2022-08-3104041004ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3104041004ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3104041004ns10:Director222022-08-3104041004ns10:Director222021-08-3104041004ns10:Director222022-09-012023-08-3104041004ns10:Director222021-09-012022-08-3104041004ns10:Director222023-08-3104041004ns10:Director222022-08-31
REGISTERED NUMBER: 04041004 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2023

for

STARTRITE NURSERIES LIMITED

STARTRITE NURSERIES LIMITED (REGISTERED NUMBER: 04041004)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

STARTRITE NURSERIES LIMITED

Company Information
for the Year Ended 31 August 2023







DIRECTORS: D W Jones
Mrs A Jones





SECRETARY: Mrs A Jones





REGISTERED OFFICE: Llanover House
Llanover Road
Pontypridd
Mid Glamorgan
CF37 4DY





REGISTERED NUMBER: 04041004 (England and Wales)





ACCOUNTANTS: James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY

STARTRITE NURSERIES LIMITED (REGISTERED NUMBER: 04041004)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 79,997 81,992

CURRENT ASSETS
Stocks 5 200 200
Debtors 6 4,329 4,181
Cash at bank and in hand 22,872 29,929
27,401 34,310
CREDITORS
Amounts falling due within one year 7 98,879 96,279
NET CURRENT LIABILITIES (71,478 ) (61,969 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,519

20,023

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 8,517 20,021
SHAREHOLDERS' FUNDS 8,519 20,023

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 3 April 2024 and were signed on its behalf by:





D W Jones - Director


STARTRITE NURSERIES LIMITED (REGISTERED NUMBER: 04041004)

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

1. STATUTORY INFORMATION

Startrite Nurseries 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.
Improvements to property - 2% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 15% 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.

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 9 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 September 2022
and 31 August 2023 99,750 2,561 7,659 109,970
DEPRECIATION
At 1 September 2022 17,758 2,561 7,659 27,978
Charge for year 1,995 - - 1,995
At 31 August 2023 19,753 2,561 7,659 29,973
NET BOOK VALUE
At 31 August 2023 79,997 - - 79,997
At 31 August 2022 81,992 - - 81,992

5. STOCKS
31.8.23 31.8.22
£    £   
Stocks 200 200

STARTRITE NURSERIES LIMITED (REGISTERED NUMBER: 04041004)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 3,320 3,144
Other debtors 1,009 1,037
4,329 4,181

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 1 1
Taxation and social security 1,863 2,661
Other creditors 97,015 93,617
98,879 96,279

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2023 and 31 August 2022:

31.8.23 31.8.22
£    £   
Mrs A Jones and D W Jones
Balance outstanding at start of year (91,848 ) (100,532 )
Amounts advanced 18,478 30,332
Amounts repaid (21,073 ) (21,648 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (94,443 ) (91,848 )

9. RELATED PARTY DISCLOSURES

The company uses the premises owned by Mr & Mrs Jones. Rent was charged during the year totalling £5,000 (2022: £5,000) and was deemed to be at open market value.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs A Jones.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Startrite Nurseries 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Startrite Nurseries Limited for the year ended 31 August 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Startrite Nurseries Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Startrite Nurseries Limited and state those matters that we have agreed to state to the Board of Directors of Startrite Nurseries Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Startrite Nurseries Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Startrite Nurseries Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Startrite Nurseries Limited. You consider that Startrite Nurseries Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Startrite Nurseries Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY


8 April 2024