| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 |
| FOR |
| GROWING PLANTS 4U LTD. |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 |
| FOR |
| GROWING PLANTS 4U LTD. |
| GROWING PLANTS 4U LTD. (REGISTERED NUMBER: 08416428) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| GROWING PLANTS 4U LTD. |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 28 FEBRUARY 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Cheribourne House |
| 45A Station Road |
| Willington |
| Bedford |
| Bedfordshire |
| MK44 3QL |
| GROWING PLANTS 4U LTD. (REGISTERED NUMBER: 08416428) |
| BALANCE SHEET |
| 28 FEBRUARY 2025 |
| 28.2.25 | 29.2.24 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 5 |
| Tangible assets | 6 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| The director acknowledges his 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. |
| GROWING PLANTS 4U LTD. (REGISTERED NUMBER: 08416428) |
| BALANCE SHEET - continued |
| 28 FEBRUARY 2025 |
| The financial statements were approved by the director and authorised for issue on |
| GROWING PLANTS 4U LTD. (REGISTERED NUMBER: 08416428) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2025 |
| 1. | STATUTORY INFORMATION |
| Growing Plants 4u Ltd. is a |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 garden products 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 the dispatch of the goods. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| 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. |
| GROWING PLANTS 4U LTD. (REGISTERED NUMBER: 08416428) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2025 |
| 3. | ACCOUNTING POLICIES - continued |
| Financial instruments |
| Financial assets |
| Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at the transaction value. |
| They are then subsequently carried at amortised cost using the effective interest rate method. |
| At the end of each reporting period financial assets are assessed for impairment. If an impairment exists the impairment loss is recognised in the income statement. |
| Financial assets are derecognised when: |
| - the contractual right to cash flows from the asset are settled or expire, |
| - substantially all the risk and rewards of the ownership of the asset are transferred to another party or |
| - despite retaining some significant risks and rewards, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset without additional restrictions. |
| Financial liabilities |
| Basic financial liabilities, including trade and other creditors are initially recognised at the transaction value. |
| They are then subsequently carried at amortised cost using the effective interest rate method. |
| Financial liabilities are derecognised when the liability is discharged, cancelled or expires. |
| 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. |
| 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. |
| 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. |
| 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. |
| GROWING PLANTS 4U LTD. (REGISTERED NUMBER: 08416428) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2025 |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST |
| At 1 March 2024 |
| and 28 February 2025 |
| AMORTISATION |
| At 1 March 2024 |
| and 28 February 2025 |
| NET BOOK VALUE |
| At 28 February 2025 |
| At 29 February 2024 |
| 6. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 March 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 28 February 2025 |
| DEPRECIATION |
| At 1 March 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 28 February 2025 |
| NET BOOK VALUE |
| At 28 February 2025 |
| At 29 February 2024 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.25 | 29.2.24 |
| £ | £ |
| Trade debtors |
| Other debtors |
| GROWING PLANTS 4U LTD. (REGISTERED NUMBER: 08416428) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2025 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.25 | 29.2.24 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 28.2.25 | 29.2.24 |
| £ | £ |
| Bank overdrafts |
| A fixed and floating charge over all assets was created on 14/02/2023 and held by HSBC UK Bank Plc. |
| 10. | RELATED PARTY DISCLOSURES |
| As at the balance sheet date the company was owed the following balances from companies with a common |
| shareholders/directors: |
| 2025 | 2024 |
| £ | £ |
| St Johns Nursery (Clacton) Ltd | 44,500 | 34,500 |
| Garden Products Limited | 25,610 | 155,567 |
| The Gardening Club Ltd | 406,952 | - |
| Plant Pro Ltd | - | 1,722 |
| Hargreaves Plants Limited | - | 472 |
| Nursery Garden Group Ltd | 29,105 | 10,542 |
| Gardening Club BV | 21,602 | 21,502 |
| Nurseries International Ltd | 411,957 | - |
| As at the balance sheet date the company owed the following balances to companies with a common shareholder/directors: |
| 2025 | 2024 |
| £ | £ |
| Plant Pro Ltd | 69,105 | - |
| Moondrop Limited | 964,326 | 658,244 |
| The Gardening Club Ltd | - | 5,650 |
| Suffolk Plants Limited | 91,004 | 59,153 |
| Flower Garden Group | 403,740 | 3,740 |
| West Country Trees Ltd | 59,584 | - |