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REGISTERED NUMBER: 07440182 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Waterside Nursery (Sharnford) Limited

Waterside Nursery (Sharnford) Limited (Registered number: 07440182)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Waterside Nursery (Sharnford) Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mrs L D Smith
P Smith





REGISTERED OFFICE: 6 Sharnbrook Gardens
Sharnford
Leicestershire
LE10 3QD





REGISTERED NUMBER: 07440182 (England and Wales)





ACCOUNTANTS: Geoff Cowley & Co Ltd
Willow Park
Upton Lane
Stoke Golding
Nuneaton
Warwickshire
CV13 6EU

Waterside Nursery (Sharnford) Limited (Registered number: 07440182)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 7,070 8,080
Tangible assets 5 4,193 6,230
11,263 14,310

CURRENT ASSETS
Stocks 36,120 45,956
Debtors 6 1,395 3,396
Cash at bank and in hand 162,414 177,323
199,929 226,675
CREDITORS
Amounts falling due within one year 7 12,321 33,346
NET CURRENT ASSETS 187,608 193,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

198,871

207,639

CAPITAL AND RESERVES
Called up share capital 8 107 107
Retained earnings 198,764 207,532
SHAREHOLDERS' FUNDS 198,871 207,639

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

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

Waterside Nursery (Sharnford) Limited (Registered number: 07440182)

Balance Sheet - continued
31 December 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 12 March 2025 and were signed on its behalf by:




Mrs L D Smith - Director



P Smith - Director


Waterside Nursery (Sharnford) Limited (Registered number: 07440182)

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


1. STATUTORY INFORMATION

Waterside Nursery (Sharnford) 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty 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.
Plant and machinery - 33% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.


Waterside Nursery (Sharnford) Limited (Registered number: 07440182)

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


2. ACCOUNTING POLICIES - continued
Deferred tax
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 20,200
AMORTISATION
At 1 January 2024 12,120
Charge for year 1,010
At 31 December 2024 13,130
NET BOOK VALUE
At 31 December 2024 7,070
At 31 December 2023 8,080

Waterside Nursery (Sharnford) Limited (Registered number: 07440182)

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


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024
and 31 December 2024 50,800 2,200 10,000 6,339 69,339
DEPRECIATION
At 1 January 2024 46,639 1,577 9,762 5,131 63,109
Charge for year 1,374 205 60 398 2,037
At 31 December 2024 48,013 1,782 9,822 5,529 65,146
NET BOOK VALUE
At 31 December 2024 2,787 418 178 810 4,193
At 31 December 2023 4,161 623 238 1,208 6,230

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 1,395 -
Other debtors - 3,396
1,395 3,396

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 675 15,460
Taxation and social security 1,992 7,288
Other creditors 9,654 10,598
12,321 33,346

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
99 Ordinary 1 99 99
3 "A" Ordinary 1 3 3
5 "B" ordinary 1 5 5
107 107