IRIS Accounts Production v24.3.2.46 01079690 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh010796902023-12-31010796902024-12-31010796902024-01-012024-12-31010796902022-12-31010796902023-01-012023-12-31010796902023-12-3101079690ns15:EnglandWales2024-01-012024-12-3101079690ns14:PoundSterling2024-01-012024-12-3101079690ns10:Director12024-01-012024-12-3101079690ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3101079690ns10:SmallEntities2024-01-012024-12-3101079690ns10:AuditExemptWithAccountantsReport2024-01-012024-12-3101079690ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3101079690ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3101079690ns10:FullAccounts2024-01-012024-12-3101079690ns10:Director22024-01-012024-12-3101079690ns10:RegisteredOffice2024-01-012024-12-3101079690ns5:CurrentFinancialInstruments2024-12-3101079690ns5:CurrentFinancialInstruments2023-12-3101079690ns5:ShareCapital2024-12-3101079690ns5:ShareCapital2023-12-3101079690ns5:RetainedEarningsAccumulatedLosses2024-12-3101079690ns5:RetainedEarningsAccumulatedLosses2023-12-3101079690ns5:PlantMachinery2024-01-012024-12-3101079690ns5:LandBuildings2023-12-3101079690ns5:PlantMachinery2023-12-3101079690ns5:LandBuildings2024-01-012024-12-3101079690ns5:LandBuildings2024-12-3101079690ns5:PlantMachinery2024-12-3101079690ns5:LandBuildings2023-12-3101079690ns5:PlantMachinery2023-12-3101079690ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-12-3101079690ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-31
REGISTERED NUMBER: 01079690 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

H.E. Smith & Son Nurserymen (Essex)
Limited

H.E. Smith & Son Nurserymen (Essex)
Limited (Registered number: 01079690)






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

Chartered Accountants' Report 6

H.E. Smith & Son Nurserymen (Essex)
Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: D.E Smith
P.D.D. Smith





REGISTERED OFFICE: 63 Hillview
Bicknacre
Chelmsford
Essex
CM3 4XD





REGISTERED NUMBER: 01079690 (England and Wales)





ACCOUNTANTS: ASAP Accounting Services Limited
Chartered Accountants
The Old Cartlodge
Warrens Farm, Great Tey
Colchester
CO6 1JG

H.E. Smith & Son Nurserymen (Essex)
Limited (Registered number: 01079690)

Balance Sheet
31 December 2024

31/12/24 31/12/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 152,615 146,275

CURRENT ASSETS
Stocks 2,000 -
Debtors 5 260 44
Cash at bank and in hand 13,710 22,758
15,970 22,802
CREDITORS
Amounts falling due within one year 6 106,472 104,747
NET CURRENT LIABILITIES (90,502 ) (81,945 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,113

64,330

CAPITAL AND RESERVES
Called up share capital 4,000 4,000
Retained earnings 58,113 60,330
SHAREHOLDERS' FUNDS 62,113 64,330

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.

H.E. Smith & Son Nurserymen (Essex)
Limited (Registered number: 01079690)

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 18 March 2025 and were signed on its behalf by:





D.E Smith - Director


H.E. Smith & Son Nurserymen (Essex)
Limited (Registered number: 01079690)

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

1. STATUTORY INFORMATION

H.E. Smith & Son Nurserymen (Essex) 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. 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.
Plant and machinery etc - 25% on cost and 10% on cost

No depreciation is provided on the freehold land and buildings.

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.

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.

H.E. Smith & Son Nurserymen (Essex)
Limited (Registered number: 01079690)

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

2. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 144,191 373,541 517,732
Additions - 10,000 10,000
At 31 December 2024 144,191 383,541 527,732
DEPRECIATION
At 1 January 2024 - 371,457 371,457
Charge for year - 3,660 3,660
At 31 December 2024 - 375,117 375,117
NET BOOK VALUE
At 31 December 2024 144,191 8,424 152,615
At 31 December 2023 144,191 2,084 146,275

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Other debtors 260 44

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Other creditors 106,472 104,747

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D.E Smith.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
H.E. Smith & Son Nurserymen (Essex)
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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors 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 H.E. Smith & Son Nurserymen (Essex) Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet 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 H.E. Smith & Son Nurserymen (Essex) Limited, as a body, in accordance with the terms of our engagement letter dated 25 February 2013. Our work has been undertaken solely to prepare for your approval the financial statements of H.E. Smith & Son Nurserymen (Essex) Limited and state those matters that we have agreed to state to the Board of Directors of H.E. Smith & Son Nurserymen (Essex) 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 H.E. Smith & Son Nurserymen (Essex) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that H.E. Smith & Son Nurserymen (Essex) 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 loss of H.E. Smith & Son Nurserymen (Essex) Limited. You consider that H.E. Smith & Son Nurserymen (Essex) 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 H.E. Smith & Son Nurserymen (Essex) 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.






ASAP Accounting Services Limited
Chartered Accountants
The Old Cartlodge
Warrens Farm, Great Tey
Colchester
CO6 1JG


18 March 2025