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REGISTERED NUMBER: 04939033 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Edwards Nurseries Limited

Edwards Nurseries Limited (Registered number: 04939033)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Edwards Nurseries Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: H Edwards
M Edwards
Mrs A J Edwards





SECRETARY: Mrs A J Edwards





REGISTERED OFFICE: Nursery House
Scropton
Swadlincote
Derbyshire
DE65 5PN





REGISTERED NUMBER: 04939033 (England and Wales)





ACCOUNTANTS: Buckler Spencer Ltd
The Old Police Station
Church Street
Swadlincote
Derbyshire
DE11 8LN

Edwards Nurseries Limited (Registered number: 04939033)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 97,550 124,329
Investments 6 68,981 64,044
166,531 188,373

CURRENT ASSETS
Stocks 105,226 121,008
Debtors 7 82,006 96,994
Investments 8 - 1,311
Cash at bank and in hand 309,192 284,122
496,424 503,435
CREDITORS
Amounts falling due within one year 9 61,457 66,922
NET CURRENT ASSETS 434,967 436,513
TOTAL ASSETS LESS CURRENT
LIABILITIES

601,498

624,886

PROVISIONS FOR LIABILITIES 23,000 22,400
NET ASSETS 578,498 602,486

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 578,396 602,384
578,498 602,486

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

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

Edwards Nurseries Limited (Registered number: 04939033)

Balance Sheet - continued
31 December 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 19 September 2024 and were signed on its behalf by:





Mrs A J Edwards - Director


Edwards Nurseries Limited (Registered number: 04939033)

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

1. STATUTORY INFORMATION

Edwards 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 as modified by the revaluation of certain assets.

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 2004, 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.
Land and buildings - 10% on reducing balance
Plant and machinery etc - 25% on reducing balance and at variable rates on reducing balance

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 8 (2022 - 8 ) .

Edwards Nurseries Limited (Registered number: 04939033)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 97,000
AMORTISATION
At 1 January 2023
and 31 December 2023 97,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 247,276 349,789 597,065
Additions - 1,440 1,440
At 31 December 2023 247,276 351,229 598,505
DEPRECIATION
At 1 January 2023 198,589 274,147 472,736
Charge for year 4,864 23,355 28,219
At 31 December 2023 203,453 297,502 500,955
NET BOOK VALUE
At 31 December 2023 43,823 53,727 97,550
At 31 December 2022 48,687 75,642 124,329

Edwards Nurseries Limited (Registered number: 04939033)

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

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023 62,583
Additions 1,066
At 31 December 2023 63,649
PROVISIONS
At 1 January 2023 (1,461 )

Revaluation adjustments (3,871 )
At 31 December 2023 (5,332 )
NET BOOK VALUE
At 31 December 2023 68,981
At 31 December 2022 64,044

Cost or valuation at 31 December 2023 is represented by:

Other
investments
£   
Valuation in 2020 61,851
Valuation in 2022 732
Valuation in 2023 1,066
63,649

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 4,990 1,743
Other debtors 77,016 95,251
82,006 96,994

8. CURRENT ASSET INVESTMENTS
31.12.23 31.12.22
£    £   
Unlisted investments - 1,311

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 13,104 958
Taxation and social security 40,706 56,614
Other creditors 7,647 9,350
61,457 66,922

Edwards Nurseries Limited (Registered number: 04939033)

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

10. RELATED PARTY DISCLOSURES

The company was controlled throughout the period by its Directors, Mr M Edwards & Mrs A J Edwards by virtue of the fact that they had a joint interest in a majority holding of the Issued Share Capital of the company.