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REGISTERED NUMBER: 03099056 (England and Wales)


















Financial Statements for the Period 1 November 2023 to 30 June 2024

for

Deepdale Trees Limited

Deepdale Trees Limited (Registered number: 03099056)






Contents of the Financial Statements
for the Period 1 November 2023 to 30 June 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Deepdale Trees Limited

Company Information
for the Period 1 November 2023 to 30 June 2024







DIRECTORS: Mr M L Godden
Mr J F Smits





REGISTERED OFFICE: Tithe Farm
Hatley Road Potton
Sandy
Bedfordshire
SG19 2DX





REGISTERED NUMBER: 03099056 (England and Wales)





AUDITORS: George Hay Partnership LLP
Chartered Accountants
Statutory Auditor
Brigham House
High Street
Biggleswade
Bedfordshire
SG18 0LD

Deepdale Trees Limited (Registered number: 03099056)

Abridged Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,573,822 1,509,165

CURRENT ASSETS
Stocks 3,595,637 2,828,015
Debtors 2,306,176 621,122
Cash at bank and in hand 904,260 2,221,473
6,806,073 5,670,610
CREDITORS
Amounts falling due within one year 1,343,808 1,348,897
NET CURRENT ASSETS 5,462,265 4,321,713
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,036,087

5,830,878

CREDITORS
Amounts falling due after more than one
year

(46,130

)

(56,350

)

PROVISIONS FOR LIABILITIES (127,832 ) (110,833 )
NET ASSETS 6,862,125 5,663,695

CAPITAL AND RESERVES
Called up share capital 6 203,375 203,375
Share premium 10,500 10,500
Capital redemption reserve 1,875 1,875
Retained earnings 6,646,375 5,447,945
SHAREHOLDERS' FUNDS 6,862,125 5,663,695

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 March 2025 and were signed on its behalf by:





Mr M L Godden - Director


Deepdale Trees Limited (Registered number: 03099056)

Notes to the Financial Statements
for the Period 1 November 2023 to 30 June 2024

1. STATUTORY INFORMATION

Deepdale Trees 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 company has shortened its reporting period to align it with that of the holding company. The current eight month period ended 30 June 2024 is not directly comparable with the prior year.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Freehold Property 2% straight line
Plant and Machinery 10% straight line
Fixtures and Fittings 20% straight line
Motor Vehicles 20% straight line

Land is not depreciated.

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

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of the financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.


Deepdale Trees Limited (Registered number: 03099056)

Notes to the Financial Statements - continued
for the Period 1 November 2023 to 30 June 2024

3. 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Going concern
Accounting standards require the directors to consider the appropriateness of the going concern basis when preparing the financial statements. The directors confirm that they consider that the going concern basis remains appropriate. The directors believe that the company has sufficient resources to continue in operational existence for the foreseeable future. The directors believe this to be the case as the company has positive reserves, cash balances and agreed long term financing arrangements in place.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 25 (2023 - 22 ) .

Deepdale Trees Limited (Registered number: 03099056)

Notes to the Financial Statements - continued
for the Period 1 November 2023 to 30 June 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023 3,411,032
Additions 138,241
Disposals (1,002 )
At 30 June 2024 3,548,271
DEPRECIATION
At 1 November 2023 1,901,867
Charge for period 72,606
Eliminated on disposal (24 )
At 30 June 2024 1,974,449
NET BOOK VALUE
At 30 June 2024 1,573,822
At 31 October 2023 1,509,165

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200,000 A Ordinary £1.00 200,000 200,000
31,250 B Ordinary £0.10 3,125 3,125
2,500 C Ordinary £0.10 250 250
203,375 203,375

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.


The prior period financial statements were not audited.

Colin Airey FCCA (Senior Statutory Auditor)
for and on behalf of George Hay Partnership LLP

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J F Smits.

The parent company is Deepdale Trees Holdings Limited, a company registered in England and Wales.

9. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £12,717 (2023: £15,210). At the balance sheet date, accrued contributions amounted to £5,391 (2023: £3,166).

Deepdale Trees Limited (Registered number: 03099056)

Notes to the Financial Statements - continued
for the Period 1 November 2023 to 30 June 2024

10. CHARGES

There are charges registered at Companies House in relation to the property held by the company and the loan notes issued by the holding company.