IRIS Accounts Production v24.2.0.383 04421917 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044219172022-12-31044219172023-12-31044219172023-01-012023-12-31044219172021-12-31044219172022-01-012022-12-31044219172022-12-3104421917ns15:EnglandWales2023-01-012023-12-3104421917ns14:PoundSterling2023-01-012023-12-3104421917ns10:Director12023-01-012023-12-3104421917ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104421917ns10:SmallEntities2023-01-012023-12-3104421917ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3104421917ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104421917ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104421917ns10:FullAccounts2023-01-012023-12-310442191712023-01-012023-12-3104421917ns10:Director22023-01-012023-12-3104421917ns10:CompanySecretary12023-01-012023-12-3104421917ns10:RegisteredOffice2023-01-012023-12-3104421917ns5:CurrentFinancialInstruments2023-12-3104421917ns5:CurrentFinancialInstruments2022-12-3104421917ns5:ShareCapital2023-12-3104421917ns5:ShareCapital2022-12-3104421917ns5:RetainedEarningsAccumulatedLosses2023-12-3104421917ns5:RetainedEarningsAccumulatedLosses2022-12-3104421917ns5:NetGoodwill2023-01-012023-12-3104421917ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3104421917ns5:LandBuildings2023-01-012023-12-3104421917ns5:PlantMachinery2023-01-012023-12-3104421917ns5:NetGoodwill2022-12-3104421917ns5:NetGoodwill2023-12-3104421917ns5:NetGoodwill2022-12-3104421917ns5:LandBuildings2022-12-3104421917ns5:PlantMachinery2022-12-3104421917ns5:LandBuildings2023-12-3104421917ns5:PlantMachinery2023-12-3104421917ns5:LandBuildings2022-12-3104421917ns5:PlantMachinery2022-12-3104421917ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3104421917ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3104421917ns5:Secured2023-12-3104421917ns5:Secured2022-12-31
REGISTERED NUMBER: 04421917 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

CAVEGATES NURSERIES LIMITED

CAVEGATES NURSERIES LIMITED (REGISTERED NUMBER: 04421917)

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


CAVEGATES NURSERIES LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: N C May
Mrs A L May



SECRETARY: Mrs A L May



REGISTERED OFFICE: Nutbrown House
10 Bridgegate
Howden
East Yorkshire
DN14 7AB



REGISTERED NUMBER: 04421917 (England and Wales)



ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF



BANKERS: National Westminster
PO Box 944
34 King Edward Street
Hull
E Yorkshire
HU1 3YN



SOLICITORS: Andrew M Jackson and Co
Essex House
Manor Street
Hull
East Yorkshire
HU1 1XH

CAVEGATES NURSERIES LIMITED (REGISTERED NUMBER: 04421917)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 429,554
- 429,554

CURRENT ASSETS
Debtors 6 - 9,015
Cash at bank 6,136 11,830
6,136 20,845
CREDITORS
Amounts falling due within one year 7 31,435 432,566
NET CURRENT LIABILITIES (25,299 ) (411,721 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(25,299

)

17,833

PROVISIONS FOR LIABILITIES - 4,435
NET (LIABILITIES)/ASSETS (25,299 ) 13,398

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings (30,299 ) 8,398
SHAREHOLDERS' FUNDS (25,299 ) 13,398

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.

CAVEGATES NURSERIES LIMITED (REGISTERED NUMBER: 04421917)

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 31 May 2024 and were signed on its behalf by:





N C May - Director


CAVEGATES NURSERIES LIMITED (REGISTERED NUMBER: 04421917)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Cavegates Nurseries Limited is a private company, limited by shares, registered in England. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in Sterling, which is the functional currency of the company.

The principal activity of the company is market gardening.

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Turnover
Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Turnover from the sale of goods is recognised at the point of sale.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, 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 - 5% on cost
Plant and machinery etc - 10% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

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.


CAVEGATES NURSERIES LIMITED (REGISTERED NUMBER: 04421917)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023


2. ACCOUNTING POLICIES - continued
Taxation
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.

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 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023 200,000
Disposals (200,000 )
At 31 December 2023 -
AMORTISATION
At 1 January 2023 200,000
Eliminated on disposal (200,000 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

CAVEGATES NURSERIES LIMITED (REGISTERED NUMBER: 04421917)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 800,769 215,873 1,016,642
Disposals (800,769 ) (215,873 ) (1,016,642 )
At 31 December 2023 - - -
DEPRECIATION
At 1 January 2023 530,764 56,324 587,088
Eliminated on disposal (530,764 ) (56,324 ) (587,088 )
At 31 December 2023 - - -
NET BOOK VALUE
At 31 December 2023 - - -
At 31 December 2022 270,005 159,549 429,554

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 8,681
Other debtors - 334
- 9,015

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 170,267
Trade creditors - 175
Other creditors 31,435 262,124
31,435 432,566

CAVEGATES NURSERIES LIMITED (REGISTERED NUMBER: 04421917)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023


8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans - 170,267

Included in other loans is an amount of £45,000 (2021 £45,000) which is secured by way of fixed and floating charges over all of the assets of the company.