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REGISTERED NUMBER: 05971528 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 July 2023

for

Honeypot Nurseries (Weston Hills)
Limited

Honeypot Nurseries (Weston Hills)
Limited (Registered number: 05971528)

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










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


Honeypot Nurseries (Weston Hills)
Limited

Company Information
for the Year Ended 31 July 2023







Director: Ms S E A Sargent





Secretary: Ms S E A Sargent





Registered office: Longfield Nursery
Broadgate
Weston Hills
Spalding
Lincolnshire
PE12 6DP





Registered number: 05971528 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Honeypot Nurseries (Weston Hills)
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 Statement of financial position. 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 Honeypot Nurseries (Weston Hills) Limited for the year ended 31 July 2023 which comprise the Statement of income and retained earnings, Statement of financial position 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 Honeypot Nurseries (Weston Hills) Limited in accordance with the terms of our engagement letter dated 30 November 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Honeypot Nurseries (Weston Hills) Limited and state those matters that we have agreed to state to the director of Honeypot Nurseries (Weston Hills) 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 Honeypot Nurseries (Weston Hills) Limited and its director for our work or for this report.

It is your duty to ensure that Honeypot Nurseries (Weston Hills) 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 loss of Honeypot Nurseries (Weston Hills) Limited. You consider that Honeypot Nurseries (Weston Hills) 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 Honeypot Nurseries (Weston Hills) 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.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


7 October 2024

Honeypot Nurseries (Weston Hills)
Limited (Registered number: 05971528)

Statement of Financial Position
31 July 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 5 208,550 211,955

Current assets
Debtors 6 9,348 18,163
Cash at bank and in hand 5,090 8,209
14,438 26,372
Creditors
Amounts falling due within one year 7 164,473 168,238
Net current liabilities (150,035 ) (141,866 )
Total assets less current liabilities 58,515 70,089

Creditors
Amounts falling due after more than one
year

8

73,375

84,379
Net liabilities (14,860 ) (14,290 )

Capital and reserves
Called up share capital 10 4,000 4,000
Retained earnings (18,860 ) (18,290 )
Shareholders' funds (14,860 ) (14,290 )

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

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

Honeypot Nurseries (Weston Hills)
Limited (Registered number: 05971528)

Statement of Financial Position - continued
31 July 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2024 and were signed by:





Ms S E A Sargent - Director


Honeypot Nurseries (Weston Hills)
Limited (Registered number: 05971528)

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


1. Statutory information

Honeypot Nurseries (Weston Hills) 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. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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 - not depreciated
Playground equipment - 10% on a straight line basis
Fixtures and fittings - 10% on reducing balance
Office equipment - 25% on a straight line basis

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Honeypot Nurseries (Weston Hills)
Limited (Registered number: 05971528)

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


3. Accounting policies - continued

Going concern
At the balance sheet date, current liabilities exceed current assets by £14,860 (2022 - £14,290). This is due to the director's current account being included in creditors due within one year. However, the director has indicated that she will not withdraw from this account in preference to other creditors, that they have operated within their bank facilities and that the accounts have been prepared on a going concern basis.

4. Employees and directors

The average number of employees during the year was 17 (2022 - 19 ) .

5. Tangible fixed assets
Fixtures
Freehold Playground and Office
property equipment fittings equipment Totals
£    £    £    £    £   
Cost
At 1 August 2022
and 31 July 2023 191,540 4,561 23,096 9,227 228,424
Depreciation
At 1 August 2022 - 1,600 8,187 6,682 16,469
Charge for year - 396 1,491 1,518 3,405
At 31 July 2023 - 1,996 9,678 8,200 19,874
Net book value
At 31 July 2023 191,540 2,565 13,418 1,027 208,550
At 31 July 2022 191,540 2,961 14,909 2,545 211,955

6. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors - 5,392
Corporation tax - 5,366
Other debtors 2,810 -
Deferred tax asset 2,607 3,560
Prepayments and accrued income 3,931 3,845
9,348 18,163

Honeypot Nurseries (Weston Hills)
Limited (Registered number: 05971528)

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


7. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 12,022 13,357
Trade creditors 797 2,051
Social security and other taxes 13,786 13,497
Other creditors 3,479 2,753
Amounts owed to related
company 103,332 82,785
Directors' loan accounts 26,057 48,795
Accruals and deferred income 5,000 5,000
164,473 168,238

8. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans - 1-2 years 10,656 13,383
Bank loans - 2-5 years 17,940 29,799
Bank loans 44,779 41,197
73,375 84,379

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 44,779 41,197

9. Secured debts

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 85,397 97,736

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
4,000 Ordinary shares £1 4,000 4,000