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REGISTERED NUMBER: 02082294 (England and Wales)














BOLNEY NURSERY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






BOLNEY NURSERY LIMITED (REGISTERED NUMBER: 02082294)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


BOLNEY NURSERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: M Barrow
C E Barrow





SECRETARY: C E Barrow





REGISTERED OFFICE: 56 West Street
Shoreham-By-Sea
West Sussex
BN43 5WG





REGISTERED NUMBER: 02082294 (England and Wales)





ACCOUNTANTS: Flint Accounting Limited
Chartered Accountants
56 West Street
Shoreham by Sea
West Sussex
BN43 5WG

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BOLNEY 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bolney Nursery Limited for the year ended 31 January 2024 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 Bolney Nursery Limited, as a body, in accordance with the terms of our engagement letter dated 11 July 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Bolney Nursery Limited and state those matters that we have agreed to state to the Board of Directors of Bolney Nursery 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 Bolney Nursery Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bolney Nursery 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 profit of Bolney Nursery Limited. You consider that Bolney Nursery 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 Bolney Nursery 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.






Flint Accounting Limited
Chartered Accountants
56 West Street
Shoreham by Sea
West Sussex
BN43 5WG


16 April 2024

BOLNEY NURSERY LIMITED (REGISTERED NUMBER: 02082294)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 168,227 174,456

CURRENT ASSETS
Stocks 216,317 194,072
Debtors 5 4,762 1,234
Cash at bank and in hand 165,025 166,771
386,104 362,077
CREDITORS
Amounts falling due within one year 6 41,126 37,728
NET CURRENT ASSETS 344,978 324,349
TOTAL ASSETS LESS CURRENT LIABILITIES 513,205 498,805

PROVISIONS FOR LIABILITIES 10,435 9,117
NET ASSETS 502,770 489,688

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 7 502,470 489,388
SHAREHOLDERS' FUNDS 502,770 489,688

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

BOLNEY NURSERY LIMITED (REGISTERED NUMBER: 02082294)

BALANCE SHEET - continued
31 JANUARY 2024


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 16 April 2024 and were signed on its behalf by:





M Barrow - Director


BOLNEY NURSERY LIMITED (REGISTERED NUMBER: 02082294)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Bolney Nursery 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - No depreciation is provided
Freehold buildings - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance and Straight line over 25 years
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% 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.

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.

BOLNEY NURSERY LIMITED (REGISTERED NUMBER: 02082294)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued

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 8 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Freehold Freehold Plant and
property buildings machinery
£    £    £   
COST
At 1 February 2023 81,415 76,349 123,187
Additions - - -
Disposals - - (522 )
At 31 January 2024 81,415 76,349 122,665
DEPRECIATION
At 1 February 2023 - 31,427 94,443
Charge for year - 1,527 4,312
Eliminated on disposal - - (522 )
At 31 January 2024 - 32,954 98,233
NET BOOK VALUE
At 31 January 2024 81,415 43,395 24,432
At 31 January 2023 81,415 44,922 28,744

BOLNEY NURSERY LIMITED (REGISTERED NUMBER: 02082294)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 21,272 11,800 7,863 321,886
Additions - - 1,124 1,124
Disposals - - - (522 )
At 31 January 2024 21,272 11,800 8,987 322,488
DEPRECIATION
At 1 February 2023 2,475 11,748 7,337 147,430
Charge for year 824 13 677 7,353
Eliminated on disposal - - - (522 )
At 31 January 2024 3,299 11,761 8,014 154,261
NET BOOK VALUE
At 31 January 2024 17,973 39 973 168,227
At 31 January 2023 18,797 52 526 174,456

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,449 685
Other debtors 313 549
4,762 1,234

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 9,325 12,312
Taxation and social security 27,443 18,584
Other creditors 4,358 6,832
41,126 37,728

BOLNEY NURSERY LIMITED (REGISTERED NUMBER: 02082294)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


7. RESERVES
Retained
earnings
£   

At 1 February 2023 489,388
Profit for the year 75,982
Dividends (62,900 )
At 31 January 2024 502,470

8. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.