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REGISTERED NUMBER: SC243835 (Scotland)














Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Harlequin Nurseries Ltd

Harlequin Nurseries Ltd (Registered number: SC243835)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Harlequin Nurseries Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mrs A Eakins





REGISTERED OFFICE: 61 Wellesley Crescent
Hairmyres
East Kilbride
Glasgow
G72 8TS





REGISTERED NUMBER: SC243835 (Scotland)





ACCOUNTANTS: Gordon Ferguson & Co Ltd
76 Hamilton Road
Motherwell
Lanarkshire
ML1 3BY

Harlequin Nurseries Ltd (Registered number: SC243835)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 83,129 31,106
Investments 5 773,850 773,850
856,979 804,956

CURRENT ASSETS
Debtors 6 75,401 67,312
Cash at bank and in hand 158,053 234,014
233,454 301,326
CREDITORS
Amounts falling due within one year 7 57,508 70,727
NET CURRENT ASSETS 175,946 230,599
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,032,925

1,035,555

CREDITORS
Amounts falling due after more than one
year

8

19,176

-
NET ASSETS 1,013,749 1,035,555

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,013,748 1,035,554
SHAREHOLDERS' FUNDS 1,013,749 1,035,555

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 17 April 2025 and were signed by:





Mrs A Eakins - Director


Harlequin Nurseries Ltd (Registered number: SC243835)

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

1. STATUTORY INFORMATION

Harlequin Nurseries Ltd is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 31 (2023 - 29 ) .

Harlequin Nurseries Ltd (Registered number: SC243835)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 40,986 - 43,768 84,754
Additions 16,234 53,100 4,238 73,572
At 31 July 2024 57,220 53,100 48,006 158,326
DEPRECIATION
At 1 August 2023 27,145 - 26,503 53,648
Charge for year 6,980 9,956 4,613 21,549
At 31 July 2024 34,125 9,956 31,116 75,197
NET BOOK VALUE
At 31 July 2024 23,095 43,144 16,890 83,129
At 31 July 2023 13,841 - 17,265 31,106

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 53,100
At 31 July 2024 53,100
DEPRECIATION
Charge for year 9,956
At 31 July 2024 9,956
NET BOOK VALUE
At 31 July 2024 43,144

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023
and 31 July 2024 773,850
NET BOOK VALUE
At 31 July 2024 773,850
At 31 July 2023 773,850

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 68,989 62,946
Prepayments and accrued income 6,412 4,366
75,401 67,312

Harlequin Nurseries Ltd (Registered number: SC243835)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other loans 19,960 29,937
Hire purchase contracts 8,523 -
Trade creditors 2,256 -
Tax - 15,346
Social security and other taxes 6,308 3,905
Other creditors 9,699 8,911
Directors' current accounts 28 2,193
Accrued expenses 10,734 10,435
57,508 70,727

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts 19,176 -

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs A Eakins.