IRIS Accounts Production v24.3.2.46 10756468 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false Ordinary 1.00000 A Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107564682023-05-31107564682024-05-31107564682023-06-012024-05-31107564682022-05-31107564682022-06-012023-05-31107564682023-05-3110756468ns15:EnglandWales2023-06-012024-05-3110756468ns14:PoundSterling2023-06-012024-05-3110756468ns10:Director12023-06-012024-05-3110756468ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3110756468ns10:SmallEntities2023-06-012024-05-3110756468ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3110756468ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3110756468ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3110756468ns10:FullAccounts2023-06-012024-05-3110756468ns10:OrdinaryShareClass12023-06-012024-05-3110756468ns10:OrdinaryShareClass22023-06-012024-05-3110756468ns10:Director22023-06-012024-05-3110756468ns10:Director32023-06-012024-05-3110756468ns10:RegisteredOffice2023-06-012024-05-3110756468ns5:CurrentFinancialInstruments2024-05-3110756468ns5:CurrentFinancialInstruments2023-05-3110756468ns5:Non-currentFinancialInstruments2024-05-3110756468ns5:Non-currentFinancialInstruments2023-05-3110756468ns5:ShareCapital2024-05-3110756468ns5:ShareCapital2023-05-3110756468ns5:RetainedEarningsAccumulatedLosses2024-05-3110756468ns5:RetainedEarningsAccumulatedLosses2023-05-3110756468ns5:FurnitureFittings2023-06-012024-05-3110756468ns5:MotorVehicles2023-06-012024-05-3110756468ns5:FurnitureFittings2023-05-3110756468ns5:MotorVehicles2023-05-3110756468ns5:ComputerEquipment2023-05-3110756468ns5:ComputerEquipment2023-06-012024-05-3110756468ns5:FurnitureFittings2024-05-3110756468ns5:MotorVehicles2024-05-3110756468ns5:ComputerEquipment2024-05-3110756468ns5:FurnitureFittings2023-05-3110756468ns5:MotorVehicles2023-05-3110756468ns5:ComputerEquipment2023-05-3110756468ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3110756468ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3110756468ns5:DeferredTaxation2023-05-3110756468ns5:DeferredTaxation2023-06-012024-05-3110756468ns5:DeferredTaxation2024-05-3110756468ns10:OrdinaryShareClass12024-05-3110756468ns10:OrdinaryShareClass22024-05-3110756468ns5:RetainedEarningsAccumulatedLosses2023-05-3110756468ns5:RetainedEarningsAccumulatedLosses2023-06-012024-05-31
REGISTERED NUMBER: 10756468 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Town Garden Ltd

Town Garden Ltd (Registered number: 10756468)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Town Garden Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Ms M Barker
W A King
A D King





REGISTERED OFFICE: Second Floor
2 Walsworth Road
Hitchin
Hertfordshire
SG4 9SP





REGISTERED NUMBER: 10756468 (England and Wales)





ACCOUNTANTS: D and E Accountancy Ltd
Tax Advisors and Accountants
2nd Floor, 2 Walsworth Road
Hitchin
Hertfordshire
SG4 9SP

Town Garden Ltd (Registered number: 10756468)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,452 20,484

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 5 4,719 4,449
Cash at bank 37,729 38,964
44,448 45,413
CREDITORS
Amounts falling due within one year 6 22,698 14,649
NET CURRENT ASSETS 21,750 30,764
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,202

51,248

CREDITORS
Amounts falling due after more than
one year

7

(17,023

)

(19,742

)

PROVISIONS FOR LIABILITIES 8 (3,125 ) (3,892 )
NET ASSETS 18,054 27,614

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 10 17,854 27,414
SHAREHOLDERS' FUNDS 18,054 27,614

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

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

Town Garden Ltd (Registered number: 10756468)

Balance Sheet - continued
31 May 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 18 February 2025 and were signed on its behalf by:





Ms M Barker - Director


Town Garden Ltd (Registered number: 10756468)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Town Garden Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on reducing balance
Motor vehicles - 25% 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.

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.

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 4 (2023 - 4 ) .

Town Garden Ltd (Registered number: 10756468)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 1,692 23,376 - 25,068
Additions - - 1,624 1,624
At 31 May 2024 1,692 23,376 1,624 26,692
DEPRECIATION
At 1 June 2023 1,175 3,409 - 4,584
Charge for year 129 4,992 535 5,656
At 31 May 2024 1,304 8,401 535 10,240
NET BOOK VALUE
At 31 May 2024 388 14,975 1,089 16,452
At 31 May 2023 517 19,967 - 20,484

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 757 487
Other debtors 3,962 3,962
4,719 4,449

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts - 470
Taxation and social security 6,249 831
Other creditors 16,449 13,348
22,698 14,649

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 17,023 19,742

Town Garden Ltd (Registered number: 10756468)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 3,125 3,892

Deferred
tax
£   
Balance at 1 June 2023 3,892
Credit to Income Statement during year (767 )
Balance at 31 May 2024 3,125

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
100 Ordinary shares £1 100 100
100 A Ordinary shares £1 100 100
200 200

10. RESERVES
Retained
earnings
£   

At 1 June 2023 27,414
Profit for the year 5,440
Dividends (15,000 )
At 31 May 2024 17,854