2023-09-012024-08-312024-08-31false06945871ROOTS GARDEN NURSERY LIMITED2025-05-2301300falseiso4217:GBPxbrli:pure069458712023-09-01069458712024-08-31069458712023-09-012024-08-31069458712022-09-01069458712023-08-31069458712022-09-012023-08-3106945871bus:SmallEntities2023-09-012024-08-3106945871bus:AuditExempt-NoAccountantsReport2023-09-012024-08-3106945871bus:FullAccounts2023-09-012024-08-3106945871bus:PrivateLimitedCompanyLtd2023-09-012024-08-3106945871core:WithinOneYear2024-08-3106945871core:AfterOneYear2024-08-3106945871core:WithinOneYear2023-08-3106945871core:AfterOneYear2023-08-3106945871core:ShareCapital2024-08-3106945871core:SharePremium2024-08-3106945871core:RevaluationReserve2024-08-3106945871core:OtherReservesSubtotal2024-08-3106945871core:RetainedEarningsAccumulatedLosses2024-08-3106945871core:ShareCapital2023-08-3106945871core:SharePremium2023-08-3106945871core:RevaluationReserve2023-08-3106945871core:OtherReservesSubtotal2023-08-3106945871core:RetainedEarningsAccumulatedLosses2023-08-3106945871core:LandBuildings2024-08-3106945871core:PlantMachinery2024-08-3106945871core:Vehicles2024-08-3106945871core:FurnitureFittings2024-08-3106945871core:OfficeEquipment2024-08-3106945871core:NetGoodwill2024-08-3106945871core:IntangibleAssetsOtherThanGoodwill2024-08-3106945871core:ListedExchangeTraded2024-08-3106945871core:UnlistedNon-exchangeTraded2024-08-3106945871core:LandBuildings2023-08-3106945871core:PlantMachinery2023-08-3106945871core:Vehicles2023-08-3106945871core:FurnitureFittings2023-08-3106945871core:OfficeEquipment2023-08-3106945871core:NetGoodwill2023-08-3106945871core:IntangibleAssetsOtherThanGoodwill2023-08-3106945871core:ListedExchangeTraded2023-08-3106945871core:UnlistedNon-exchangeTraded2023-08-3106945871core:LandBuildings2023-09-012024-08-3106945871core:PlantMachinery2023-09-012024-08-3106945871core:Vehicles2023-09-012024-08-3106945871core:FurnitureFittings2023-09-012024-08-3106945871core:OfficeEquipment2023-09-012024-08-3106945871core:NetGoodwill2023-09-012024-08-3106945871core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3106945871core:ListedExchangeTraded2023-09-012024-08-3106945871core:UnlistedNon-exchangeTraded2023-09-012024-08-3106945871core:MoreThanFiveYears2023-09-012024-08-3106945871core:Non-currentFinancialInstruments2024-08-3106945871core:Non-currentFinancialInstruments2023-08-3106945871dpl:CostSales2023-09-012024-08-3106945871dpl:DistributionCosts2023-09-012024-08-3106945871core:LandBuildings2023-09-012024-08-3106945871core:PlantMachinery2023-09-012024-08-3106945871core:Vehicles2023-09-012024-08-3106945871core:FurnitureFittings2023-09-012024-08-3106945871core:OfficeEquipment2023-09-012024-08-3106945871dpl:AdministrativeExpenses2023-09-012024-08-3106945871core:NetGoodwill2023-09-012024-08-3106945871core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3106945871dpl:GroupUndertakings2023-09-012024-08-3106945871dpl:ParticipatingInterests2023-09-012024-08-3106945871dpl:GroupUndertakingscore:ListedExchangeTraded2023-09-012024-08-3106945871core:ListedExchangeTraded2023-09-012024-08-3106945871dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-09-012024-08-3106945871core:UnlistedNon-exchangeTraded2023-09-012024-08-3106945871dpl:CostSales2022-09-012023-08-3106945871dpl:DistributionCosts2022-09-012023-08-3106945871core:LandBuildings2022-09-012023-08-3106945871core:PlantMachinery2022-09-012023-08-3106945871core:Vehicles2022-09-012023-08-3106945871core:FurnitureFittings2022-09-012023-08-3106945871core:OfficeEquipment2022-09-012023-08-3106945871dpl:AdministrativeExpenses2022-09-012023-08-3106945871core:NetGoodwill2022-09-012023-08-3106945871core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3106945871dpl:GroupUndertakings2022-09-012023-08-3106945871dpl:ParticipatingInterests2022-09-012023-08-3106945871dpl:GroupUndertakingscore:ListedExchangeTraded2022-09-012023-08-3106945871core:ListedExchangeTraded2022-09-012023-08-3106945871dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-09-012023-08-3106945871core:UnlistedNon-exchangeTraded2022-09-012023-08-3106945871core:NetGoodwill2024-08-3106945871core:IntangibleAssetsOtherThanGoodwill2024-08-3106945871core:LandBuildings2024-08-3106945871core:PlantMachinery2024-08-3106945871core:Vehicles2024-08-3106945871core:FurnitureFittings2024-08-3106945871core:OfficeEquipment2024-08-3106945871core:AfterOneYear2024-08-3106945871core:WithinOneYear2024-08-3106945871core:ListedExchangeTraded2024-08-3106945871core:UnlistedNon-exchangeTraded2024-08-3106945871core:ShareCapital2024-08-3106945871core:SharePremium2024-08-3106945871core:RevaluationReserve2024-08-3106945871core:OtherReservesSubtotal2024-08-3106945871core:RetainedEarningsAccumulatedLosses2024-08-3106945871core:NetGoodwill2023-08-3106945871core:IntangibleAssetsOtherThanGoodwill2023-08-3106945871core:LandBuildings2023-08-3106945871core:PlantMachinery2023-08-3106945871core:Vehicles2023-08-3106945871core:FurnitureFittings2023-08-3106945871core:OfficeEquipment2023-08-3106945871core:AfterOneYear2023-08-3106945871core:WithinOneYear2023-08-3106945871core:ListedExchangeTraded2023-08-3106945871core:UnlistedNon-exchangeTraded2023-08-3106945871core:ShareCapital2023-08-3106945871core:SharePremium2023-08-3106945871core:RevaluationReserve2023-08-3106945871core:OtherReservesSubtotal2023-08-3106945871core:RetainedEarningsAccumulatedLosses2023-08-3106945871core:NetGoodwill2022-09-0106945871core:IntangibleAssetsOtherThanGoodwill2022-09-0106945871core:LandBuildings2022-09-0106945871core:PlantMachinery2022-09-0106945871core:Vehicles2022-09-0106945871core:FurnitureFittings2022-09-0106945871core:OfficeEquipment2022-09-0106945871core:AfterOneYear2022-09-0106945871core:WithinOneYear2022-09-0106945871core:ListedExchangeTraded2022-09-0106945871core:UnlistedNon-exchangeTraded2022-09-0106945871core:ShareCapital2022-09-0106945871core:SharePremium2022-09-0106945871core:RevaluationReserve2022-09-0106945871core:OtherReservesSubtotal2022-09-0106945871core:RetainedEarningsAccumulatedLosses2022-09-0106945871core:AfterOneYear2023-09-012024-08-3106945871core:WithinOneYear2023-09-012024-08-3106945871core:Non-currentFinancialInstrumentscore:CostValuation2023-09-012024-08-3106945871core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-012024-08-3106945871core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-012024-08-3106945871core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-012024-08-3106945871core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-012024-08-3106945871core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-012024-08-3106945871core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3106945871core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3106945871core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3106945871core:Non-currentFinancialInstrumentscore:CostValuation2024-08-3106945871core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-08-3106945871core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-08-3106945871core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-08-3106945871core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-08-3106945871core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-08-3106945871core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-08-3106945871core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-08-3106945871core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-08-3106945871core:Non-currentFinancialInstrumentscore:CostValuation2023-08-3106945871core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-3106945871core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-3106945871core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-3106945871core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-3106945871core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-3106945871core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-3106945871core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-3106945871core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-3106945871bus:Director12023-09-012024-08-3106945871core:FurnitureFittingsToolsEquipment2023-08-3106945871core:FurnitureFittingsToolsEquipment2023-09-012024-08-3106945871core:FurnitureFittingsToolsEquipment2024-08-31

ROOTS GARDEN NURSERY LIMITED

Registered Number
06945871
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

ROOTS GARDEN NURSERY LIMITED
Company Information
for the year from 1 September 2023 to 31 August 2024

Director

WALSH, Matthew Samuel

Registered Address

Gate 2, Unit 8 Trump Farm
Drift Road
Maidenhead
SL6 3SU

Registered Number

06945871 (England and Wales)
ROOTS GARDEN NURSERY LIMITED
Balance Sheet as at
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets459,42675,609
59,42675,609
Current assets
Stocks525,86337,050
Debtors639,816100,277
Cash at bank and on hand1,8871,887
67,566139,214
Creditors amounts falling due within one year7(157,444)(171,954)
Net current assets (liabilities)(89,878)(32,740)
Total assets less current liabilities(30,452)42,869
Creditors amounts falling due after one year8(50,274)(76,847)
Provisions for liabilities10(11,905)-
Net assets(92,631)(33,978)
Capital and reserves
Called up share capital20,00020,000
Share premium76,00076,000
Profit and loss account(188,631)(129,978)
Shareholders' funds(92,631)(33,978)
The financial statements were approved and authorised for issue by the Director on 23 May 2025, and are signed on its behalf by:
WALSH, Matthew Samuel
Director
Registered Company No. 06945871
ROOTS GARDEN NURSERY LIMITED
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Defined contribution pension plan
The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.
Finance costs
Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year1115
3.Deferred tax
Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.
4.Tangible fixed assets

Plant & machinery

Vehicles

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 September 23111,324100,49212,0944,726228,636
Additions1,145--1281,273
Disposals-(9,099)--(9,099)
At 31 August 24112,46991,39312,0944,854220,810
Depreciation and impairment
At 01 September 2381,84554,78712,0434,352153,027
Charge for year4,50211,0542938615,971
On disposals-(7,614)--(7,614)
At 31 August 2486,34758,22712,0724,738161,384
Net book value
At 31 August 2426,12233,1662211659,426
At 31 August 2329,47945,7055137475,609
5.Stocks

2024

2023

££
Raw materials and consumables15,00029,600
Work in progress10,8637,450
Total25,86337,050
6.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables24,01379,718
Prepayments and accrued income15,80320,559
Total39,816100,277
7.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables41,37456,491
Bank borrowings and overdrafts49,06462,968
Taxation and social security11,41416,650
Finance lease and HP contracts14,82013,912
Other creditors38,66920,568
Accrued liabilities and deferred income2,1031,365
Total157,444171,954
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts8,77333,492
Other creditors41,50143,355
Total50,27476,847
9.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts28,53543,355
10.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)11,905-
Total11,905-
11.Directors advances, credits and guarantees
Included under other current creditors is an amount owed by the company to the director of £23,856.