REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 July 2023 to 31 December 2024 |
for |
ORCHARD NURSERY PLANT CENTRE LIMITED |
TRADING AS |
ORCHARD NURSERY |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 July 2023 to 31 December 2024 |
for |
ORCHARD NURSERY PLANT CENTRE LIMITED |
TRADING AS |
ORCHARD NURSERY |
ORCHARD NURSERY PLANT CENTRE LIMITED (REGISTERED NUMBER: 10126811) |
TRADING AS ORCHARD NURSERY |
Contents of the Financial Statements |
for the Period 1 July 2023 to 31 December 2024 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
ORCHARD NURSERY PLANT CENTRE LIMITED (REGISTERED NUMBER: 10126811) |
TRADING AS ORCHARD NURSERY |
Balance Sheet |
31 December 2024 |
31.12.24 | 30.6.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
ORCHARD NURSERY PLANT CENTRE LIMITED (REGISTERED NUMBER: 10126811) |
TRADING AS ORCHARD NURSERY |
Balance Sheet - continued |
31 December 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
ORCHARD NURSERY PLANT CENTRE LIMITED (REGISTERED NUMBER: 10126811) |
TRADING AS ORCHARD NURSERY |
Notes to the Financial Statements |
for the Period 1 July 2023 to 31 December 2024 |
1. | STATUTORY INFORMATION |
Orchard Nursery Plant Centre Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared on the going concern basis. |
The balance sheet on page 4 shows that at 31 December 2024 net current liabilities exceeded net current assets by £70,029 (30 June 2023 : £28,162). The net current liabilities include loans owed to the Directors of £211,689. The Directors have agreed that these will not be repaid if it will adversely affect the companies ability to meet other liabilities and therefore the going concern basis is appropriate. |
Turnover |
Revenue is reported net of returns, vouchers and value added taxes. Revenue is recognised when the significant risks and rewards of ownership have been transferred to the buyer net of returns and discount. |
Tangible fixed assets |
Land and buildings | - |
Plant and machinery etc | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
ORCHARD NURSERY PLANT CENTRE LIMITED (REGISTERED NUMBER: 10126811) |
TRADING AS ORCHARD NURSERY |
Notes to the Financial Statements - continued |
for the Period 1 July 2023 to 31 December 2024 |
2. | ACCOUNTING POLICIES - continued |
Taxation |
Taxation for the period 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. |
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 period 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. |
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 period was |
ORCHARD NURSERY PLANT CENTRE LIMITED (REGISTERED NUMBER: 10126811) |
TRADING AS ORCHARD NURSERY |
Notes to the Financial Statements - continued |
for the Period 1 July 2023 to 31 December 2024 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1 July 2023 |
Additions |
Disposals | ( |
) | ( |
) |
At 31 December 2024 |
DEPRECIATION |
At 1 July 2023 |
Charge for period |
Eliminated on disposal | ( |
) | ( |
) |
At 31 December 2024 |
NET BOOK VALUE |
At 31 December 2024 |
At 30 June 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.24 | 30.6.23 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.24 | 30.6.23 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
ORCHARD NURSERY PLANT CENTRE LIMITED (REGISTERED NUMBER: 10126811) |
TRADING AS ORCHARD NURSERY |
Notes to the Financial Statements - continued |
for the Period 1 July 2023 to 31 December 2024 |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the period ended 31 December 2024 and the year ended 30 June 2023: |
31.12.24 | 30.6.23 |
£ | £ |
Balance outstanding at start of period | ( |
) | ( |
) |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period | ( |
) | ( |
) |
Balance outstanding at start of period | ( |
) | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period | ( |
) | ( |
) |
The Directors loans have been provided to the company interest free with no set repayment terms. |
At 31 December 2024 the company owed Mrs J Slade (shareholder and close relative to the Directors) £90,000 (2023 - £90,000). |
This loan has also been provided interest free with no set repayment terms. |