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REGISTERED NUMBER: 08570490 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

BELLISSIMA NURSERIES LIMITED

BELLISSIMA NURSERIES LIMITED (REGISTERED NUMBER: 08570490)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BELLISSIMA NURSERIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: P Barrett
I Stewart
Ms K Parker





REGISTERED OFFICE: Junction House
4-6 Southend Road
Beckenham
Kent
BR3 1SD





REGISTERED NUMBER: 08570490 (England and Wales)





ACCOUNTANTS: Edwards Chartered Accountants
409-411 Croydon Road
Beckenham
Kent
BR3 3PP

BELLISSIMA NURSERIES LIMITED (REGISTERED NUMBER: 08570490)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 23,000 28,750
Tangible assets 5 179,174 180,116
202,174 208,866

CURRENT ASSETS
Debtors 6 44,016 40,835
Cash at bank and in hand 174,072 244,876
218,088 285,711
CREDITORS
Amounts falling due within one year 7 310,796 274,897
NET CURRENT (LIABILITIES)/ASSETS (92,708 ) 10,814
TOTAL ASSETS LESS CURRENT
LIABILITIES

109,466

219,680

CREDITORS
Amounts falling due after more than one year 8 (63,179 ) (181,823 )

PROVISIONS FOR LIABILITIES (42,951 ) (36,701 )
NET ASSETS 3,336 1,156

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,236 1,056
SHAREHOLDERS' FUNDS 3,336 1,156

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

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

BELLISSIMA NURSERIES LIMITED (REGISTERED NUMBER: 08570490)

BALANCE SHEET - continued
31 MARCH 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 11 April 2024 and were signed on its behalf by:





P Barrett - Director


BELLISSIMA NURSERIES LIMITED (REGISTERED NUMBER: 08570490)

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

1. STATUTORY INFORMATION

Bellissima 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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 60 (2023 - 56 ) .

BELLISSIMA NURSERIES LIMITED (REGISTERED NUMBER: 08570490)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 57,500
AMORTISATION
At 1 April 2023 28,750
Charge for year 5,750
At 31 March 2024 34,500
NET BOOK VALUE
At 31 March 2024 23,000
At 31 March 2023 28,750

5. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 54,942 469,229 15,003 539,174
Additions - 47,921 6,332 54,253
Disposals - (2,200 ) (174 ) (2,374 )
At 31 March 2024 54,942 514,950 21,161 591,053
DEPRECIATION
At 1 April 2023 45,110 304,749 9,199 359,058
Charge for year 2,464 50,299 2,432 55,195
Eliminated on disposal - (2,200 ) (174 ) (2,374 )
At 31 March 2024 47,574 352,848 11,457 411,879
NET BOOK VALUE
At 31 March 2024 7,368 162,102 9,704 179,174
At 31 March 2023 9,832 164,480 5,804 180,116

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 44,016 40,835

BELLISSIMA NURSERIES LIMITED (REGISTERED NUMBER: 08570490)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 50,000 62,189
Trade creditors 51,603 53,549
Taxation and social security 76,936 52,607
Other creditors 132,257 106,552
310,796 274,897

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 63,179 181,823

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
P Barrett
Balance outstanding at start of year 10,825 17,183
Amounts advanced 4,850 642
Amounts repaid (6,000 ) (7,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,675 10,825

I Stewart
Balance outstanding at start of year 9,222 15,549
Amounts advanced 6,439 673
Amounts repaid (6,000 ) (7,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,661 9,222

During the year, the company voted dividends of £172,000 in favour of directors.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Paul Barrett and Ian Stewart, jointly.