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REGISTERED NUMBER: 10902677 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Garden Cottage Nursery Limited

Garden Cottage Nursery Limited (Registered number: 10902677)

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










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Garden Cottage Nursery Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: L J Denman





REGISTERED OFFICE: 303 Goring Road
Worthing
West Sussex
BN12 4NX





REGISTERED NUMBER: 10902677 (England and Wales)





ACCOUNTANTS: THL Accountancy Ltd
303 Goring Road
Worthing
West Sussex
BN12 4NX

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Garden Cottage Nursery Limited


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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Garden Cottage Nursery 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 director of Garden Cottage Nursery Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Garden Cottage Nursery Limited and state those matters that we have agreed to state to the director of Garden Cottage Nursery Limited 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 Garden Cottage Nursery Limited and its director for our work or for this report.

It is your duty to ensure that Garden Cottage 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 Garden Cottage Nursery Limited. You consider that Garden Cottage 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 Garden Cottage 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.






THL Accountancy Ltd
303 Goring Road
Worthing
West Sussex
BN12 4NX


18 April 2024

Garden Cottage Nursery Limited (Registered number: 10902677)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,101 3,062
Investments 5 216 216
9,317 3,278

CURRENT ASSETS
Stocks 1,136 1,136
Debtors 6 443,683 677,041
Cash at bank and in hand 644,462 560,891
1,089,281 1,239,068
CREDITORS
Amounts falling due within one year 7 523,300 755,412
NET CURRENT ASSETS 565,981 483,656
TOTAL ASSETS LESS CURRENT
LIABILITIES

575,298

486,934

PROVISIONS FOR LIABILITIES 8 15,490 24,342
NET ASSETS 559,808 462,592

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 559,708 462,492
559,808 462,592

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 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.

Garden Cottage Nursery Limited (Registered number: 10902677)

Balance Sheet - continued
31 August 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 director and authorised for issue on 18 April 2024 and were signed by:





L J Denman - Director


Garden Cottage Nursery Limited (Registered number: 10902677)

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


1. STATUTORY INFORMATION

Garden Cottage 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.

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 - 4 years straight line
Plant and machinery - 4 years straight line
Fixtures and fittings - 5 years straight line
Computer equipment - 3 years straight line

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

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 32 (2022 - 29 ) .

Garden Cottage Nursery Limited (Registered number: 10902677)

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


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 September 2022 66,754 25,101 2,625 2,832 97,312
Additions - - - 10,271 10,271
At 31 August 2023 66,754 25,101 2,625 13,103 107,583
DEPRECIATION
At 1 September 2022 66,601 24,806 1,102 1,741 94,250
Charge for year 153 279 399 3,401 4,232
At 31 August 2023 66,754 25,085 1,501 5,142 98,482
NET BOOK VALUE
At 31 August 2023 - 16 1,124 7,961 9,101
At 31 August 2022 153 295 1,523 1,091 3,062

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakin
£   
COST
At 1 September 2022
and 31 August 2023 216
NET BOOK VALUE
At 31 August 2023 216
At 31 August 2022 216

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 427,827 661,830
Amounts owed by group undertakings 4,805 4,856
Other debtors 11,051 10,355
443,683 677,041

Garden Cottage Nursery Limited (Registered number: 10902677)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 4,181 4,564
Taxation and social security 27,543 59,643
Other creditors 491,576 691,205
523,300 755,412

8. PROVISIONS FOR LIABILITIES

The Company made a provision for a staff bonus to the amount of £5,000 at the balance sheet date.

9. RELATED PARTY DISCLOSURES

The amount owing to Highden Equine Limited, a subsidiary of Garden Cottage Nursery Limited, as at 31 August 2023 was £4,181 (2022: £4,564).

During the year the Company paid £51 to Highden Estate Limited, a subsidiary of Garden Cottage Nursery Limited. At the balance sheet date, an amount of £4,805 (2022: £4,856) remained owing to the Company.