GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Company Registration Number:
07904864 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Company Information

for the Period Ended 31 January 2024




Director: Ferenc Plesa
Registered office: 75
High Street
Gravesend
England
DA11 0BH
Company Registration Number: 07904864 (England and Wales)

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal Activities

Online Garden Centre, Garden Centre

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Ferenc Plesa

This report was approved by the board of directors on 31 March 2024
And Signed On Behalf Of The Board By:

Name: Ferenc Plesa
Status: Director

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Turnover 1,713,040 1,837,498
Cost of sales ( 1,012,141 ) ( 1,095,346 )
Gross Profit or (Loss) 700,899 742,152
Distribution Costs ( 165,182 ) ( 147,113 )
Administrative Expenses ( 513,297 ) ( 378,559 )
Operating Profit or (Loss) 22,420 216,480
Interest Payable and Similar Charges ( 20,741 ) ( 214,650 )
Profit or (Loss) Before Tax 1,679 1,830
Tax on Profit ( 319 ) ( 366 )
Profit or (Loss) for Period 1,360 1,464

The notes form part of these financial statements

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 531,697 401,173
Tangible assets: 5 629,739 141,358
Total fixed assets: 1,161,436 542,531
Current assets
Stocks: 124,369 59,793
Cash at bank and in hand: 125,691 694,450
Total current assets: 250,060 754,243
Creditors: amounts falling due within one year: 6 ( 205,683 ) ( 92,579 )
Net current assets (liabilities): 44,377 661,664
Total assets less current liabilities: 1,205,813 1,204,195
Total net assets (liabilities): 1,205,813 1,204,195

The notes form part of these financial statements

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 10,000 10,000
Revaluation reserve: 7 1,194,453 1,192,731
Profit and loss account: 1,360 1,464
Shareholders funds: 1,205,813 1,204,195

For the year ending 31 January 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 March 2024
And Signed On Behalf Of The Board By:

Name: Ferenc Plesa
Status: Director

The notes form part of these financial statements

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 15 15

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Intangible assets

Other Total
Cost £ £
At 01 February 2023 413,173 413,173
Additions 130,524 130,524
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 543,697 543,697
Amortisation
Amortisation at 01 February 2023 12,000 12,000
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 January 2024 12,000 12,000
Net book value
Net book value at 31 January 2024 531,697 531,697
Net book value at 31 January 2023 401,173 401,173

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Tangible assets

Land & buildings Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £ £
At 01 February 2023 - 50,562 37,650 101,061 189,273
Additions 450,000 - 16,578 31,400 497,978
Disposals - - - - -
Revaluations - - - - -
Transfers - - - - -
At 31 January 2024 450,000 50,562 54,228 132,461 687,251
Depreciation
At 01 February 2023 - 12,174 9,088 26,653 47,915
Charge for year - 1,007 1,680 6,910 9,597
On disposals - - - - -
Other adjustments - - - - -
At 31 January 2024 - 13,181 10,768 33,563 57,512
Net book value
At 31 January 2024 450,000 37,381 43,460 98,898 629,739
At 31 January 2023 - 38,388 28,562 74,408 141,358

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 151,047 53,954
Trade creditors 38,755 38,625
Other creditors 15,881
Total 205,683 92,579

GARDEN PRODUCTS RETAIL (WOKING) LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

7. Revaluation reserve


2024
£
Balance at 01 February 2023 1,192,731
Surplus or deficit after revaluation 1,722
Balance at 31 January 2024 1,194,453