PDG NURSERIES LIMITED

Company Registration Number:
08601313 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

PDG NURSERIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

PDG NURSERIES LIMITED

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 198,080 183,389
Investments:   0 0
Total fixed assets: 198,080 183,389
Current assets
Stocks: 550 595
Debtors:   236,161 139,346
Cash at bank and in hand: 16,880 53,970
Investments:   0 0
Total current assets: 253,591 193,911
Creditors: amounts falling due within one year: 4 (179,491) (141,946)
Net current assets (liabilities): 74,100 51,965
Total assets less current liabilities: 272,180 235,354
Creditors: amounts falling due after more than one year: 5 (19,449) (36,959)
Provision for liabilities: 0 0
Total net assets (liabilities): 252,731 198,395
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 252,631 198,295
Shareholders funds: 252,731 198,395

The notes form part of these financial statements

PDG NURSERIES LIMITED

Balance sheet statements

For the year ending 31 July 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 January 2025
and signed on behalf of the board by:

Name: Mr M Callow
Status: Director

The notes form part of these financial statements

PDG NURSERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

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

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and Machinery 10% reducing balance.

Intangible fixed assets and amortisation policy

Intangible assets are initially measured at cost. After recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Valuation and information policy

Stocks are valued at the lower of cost or net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies

Taxation Taxation for the year comprises of current and deferred tax. Tax is recognised in the income statement, except to the extent that it relates to item 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. Deferred Tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing difference 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 due to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future profits. Hire Purchase and leasing commitments Rentals paid under operating leases are charges to profit or loss on a straight line basis over the period of the lease. Pension Costs The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.

PDG NURSERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 20 13

PDG NURSERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 273,894
Additions 32,652
Disposals 0
Revaluations 0
Transfers 0
At 31 July 2024 306,546
Depreciation
At 01 August 2023 90,505
Charge for year 17,961
On disposals 0
Other adjustments 0
At 31 July 2024 108,466
Net book value
At 31 July 2024 198,080
At 31 July 2023 183,389

PDG NURSERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024 2023 Bank leans and overdrafts 3806 4145 Hire purchase contracts 12417 12417 Trade creditors 83351 70098 Taxation and social security 58411 36680 Other creditors 21506 18606 Total 179491 141946

PDG NURSERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due after more than one year note

2024 2023 Bank Loans 13236 18333 Hire purchase contracts 6213 18626 Total 19449 36959 Amounts falling over 1 year 2024 2023 Repayable by instalments Bounce back loan 13236 18333

PDG NURSERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Loans to directors

Name of director receiving advance or credit: Mr M Callow
Description of the loan: Loan For personal Tax £11,618 (repaid after year end)
£
Balance at 01 August 2023 0
Advances or credits made: 11,618
Advances or credits repaid: 0
Balance at 31 July 2024 11,618
Name of director receiving advance or credit: Mr J C Callow
Description of the loan: Loan for personal Tax £10000 (repaid after year end)
£
Balance at 01 August 2023 0
Advances or credits made: 10,000
Advances or credits repaid: 0
Balance at 31 July 2024 10,000