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REGISTERED NUMBER: 08416428 (England and Wales)















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: C A Roberts





REGISTERED OFFICE: Parkview Nurseries
Theobalds Park Road
Crews Hill
Enfield
Middlesex
EN2 9BQ





REGISTERED NUMBER: 08416428 (England and Wales)





ACCOUNTANTS: Baker Noel
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 1,105,398 1,085,023
1,105,398 1,085,023

CURRENT ASSETS
Stocks 3,101,021 3,400,000
Debtors 7 1,286,237 567,960
Cash at bank and in hand 57,206 6,144
4,444,464 3,974,104
CREDITORS
Amounts falling due within one year 8 4,287,328 3,981,644
NET CURRENT ASSETS/(LIABILITIES) 157,136 (7,540 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,262,534

1,077,483

PROVISIONS FOR LIABILITIES 136,240 122,991
NET ASSETS 1,126,294 954,492

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,126,194 954,392
1,126,294 954,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

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 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 19 May 2025 and were signed by:





C A Roberts - Director


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 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.

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.

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.

Computer software is being amortised evenly over its estimated useful life of two years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - The period of the lease
Plant and machinery etc - 25% on cost and 20% on cost

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 65 (2024 - 37 ) .

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2024
and 28 February 2025 8,000
AMORTISATION
At 1 March 2024
and 28 February 2025 8,000
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 529,030 1,011,050 1,540,080
Additions 47,486 263,038 310,524
Disposals - (71,000 ) (71,000 )
At 28 February 2025 576,516 1,203,088 1,779,604
DEPRECIATION
At 1 March 2024 34,530 420,527 455,057
Charge for year 40,432 205,800 246,232
Eliminated on disposal - (27,083 ) (27,083 )
At 28 February 2025 74,962 599,244 674,206
NET BOOK VALUE
At 28 February 2025 501,554 603,844 1,105,398
At 29 February 2024 494,500 590,523 1,085,023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 35,938 189,818
Other debtors 1,250,299 378,142
1,286,237 567,960

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 171 399,165
Trade creditors 2,312,263 2,696,843
Taxation and social security 100,183 29,689
Other creditors 1,874,711 855,947
4,287,328 3,981,644

9. SECURED DEBTS

The following secured debts are included within creditors:

28.2.25 29.2.24
£    £   
Bank overdrafts 171 399,165

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:

20252024
£   £   
St Johns Nursery (Clacton) Ltd44,50034,500
Garden Products Limited25,610155,567
The Gardening Club Ltd406,952-
Plant Pro Ltd-1,722
Hargreaves Plants Limited-472
Nursery Garden Group Ltd29,10510,542
Gardening Club BV21,60221,502
Nurseries International Ltd411,957-

As at the balance sheet date the company owed the following balances to companies with a common shareholder/directors:

20252024
£   £   
Plant Pro Ltd69,105-
Moondrop Limited964,326658,244
The Gardening Club Ltd-5,650
Suffolk Plants Limited91,00459,153
Flower Garden Group403,7403,740
West Country Trees Ltd59,584-