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REGISTERED NUMBER: 05005857 (England and Wales)














Sens Horticulture Limited

Unaudited Financial Statements

for the Year Ended 31 May 2024






Sens Horticulture Limited (Registered number: 05005857)

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










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3

Notes to the financial statements 5


Sens Horticulture Limited

Company Information
for the Year Ended 31 May 2024







Directors: S Godfrey
E Godfrey





Registered office: Meadow Farm
414 Leverington
Common
Wisbech
Cambs
PE13 5JH





Registered number: 05005857 (England and Wales)





Accountants: Moore Thompson
Monica House
St Augustines Road
Wisbech
Cambridgeshire
PE13 3AD

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Sens Horticulture Limited


The following reproduces the text of the report prepared for the directors 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 Directors' report 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 Sens Horticulture Limited for the year ended 31 May 2024 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 Board of Directors of Sens Horticulture Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sens Horticulture Limited and state those matters that we have agreed to state to the Board of Directors of Sens Horticulture Limited, as a body, 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 Sens Horticulture Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Sens Horticulture 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 profit of Sens Horticulture Limited. You consider that Sens Horticulture 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 Sens Horticulture 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
Monica House
St Augustines Road
Wisbech
Cambridgeshire
PE13 3AD


25 February 2025

Sens Horticulture Limited (Registered number: 05005857)

Statement of Financial Position
31 May 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 5 11,615 15,739

Current assets
Stocks 125,355 112,945
Debtors 6 7,514 7,955
Cash at bank and in hand 7,630 17,779
140,499 138,679
Creditors
Amounts falling due within one year 7 96,979 79,748
Net current assets 43,520 58,931
Total assets less current liabilities 55,135 74,670

Creditors
Amounts falling due after more than one
year

8

(4,004

)

(8,003

)

Provisions for liabilities (2,207 ) (2,991 )

Accruals and deferred income (1,930 ) (1,750 )
Net assets 46,994 61,926

Capital and reserves
Called up share capital 100 100
Retained earnings 46,894 61,826
46,994 61,926

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.

Sens Horticulture Limited (Registered number: 05005857)

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

The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by:




S E Godfrey - Director



E J Godfrey - Director


Sens Horticulture Limited (Registered number: 05005857)

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


1. Statutory information

Sens Horticulture 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 - 10% on a straight line basis
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 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 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.

Sens Horticulture Limited (Registered number: 05005857)

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


3. Accounting policies - continued

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.

4. Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

5. Tangible fixed assets
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 June 2023
and 31 May 2024 8,555 14,076 33,908 396 56,935
Depreciation
At 1 June 2023 6,283 13,389 21,136 388 41,196
Charge for year 757 172 3,193 2 4,124
At 31 May 2024 7,040 13,561 24,329 390 45,320
Net book value
At 31 May 2024 1,515 515 9,579 6 11,615
At 31 May 2023 2,272 687 12,772 8 15,739

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 3,525 4,693
VAT 3,464 3,262
Prepayments 525 -
7,514 7,955

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 3,999 3,997
Trade creditors 31,706 24,804
Corporation Tax 1,972 101
Other creditors 350 260
Directors' loan accounts 58,952 50,586
96,979 79,748

Sens Horticulture Limited (Registered number: 05005857)

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


8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans - 1-2 years 4,004 3,999
Bank loans - 2-5 years - 4,004
4,004 8,003

9. Related party disclosures

During the year a director made a loan to the company, the loan is interest free, unsecured and repayable on demand. The balance owed at the year end was £58,952 (2023: £50,586).