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REGISTERED NUMBER: 04529474 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

FUTURE GARDEN LIMITED

FUTURE GARDEN LIMITED (REGISTERED NUMBER: 04529474)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FUTURE GARDEN LIMITED

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTORS: D Roberts
Mrs S Roberts





REGISTERED OFFICE: Brownings Farm
Gravel Lane
Chigwell
Essex
IG7 6DQ





REGISTERED NUMBER: 04529474 (England and Wales)





ACCOUNTANTS: Danton Business Services
4 Village Close
Kirby Cross
Essex
CO13 0PF

FUTURE GARDEN LIMITED (REGISTERED NUMBER: 04529474)

BALANCE SHEET
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 82,200 97,540

CURRENT ASSETS
Stocks 497,950 462,636
Debtors 5 667,201 418,558
Cash at bank 561,745 801,886
1,726,896 1,683,080
CREDITORS
Amounts falling due within one year 6 158,857 89,141
NET CURRENT ASSETS 1,568,039 1,593,939
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,650,239

1,691,479

PROVISIONS FOR LIABILITIES 7,407 13,119
NET ASSETS 1,642,832 1,678,360

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,642,732 1,678,260
SHAREHOLDERS' FUNDS 1,642,832 1,678,360

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

FUTURE GARDEN LIMITED (REGISTERED NUMBER: 04529474)

BALANCE SHEET - continued
30 September 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2025 and were signed on its behalf by:





D Roberts - Director


FUTURE GARDEN LIMITED (REGISTERED NUMBER: 04529474)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Future Garden 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.

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.
Short leasehold - in accordance with the property
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 8 (2023 - 15 ) .

FUTURE GARDEN LIMITED (REGISTERED NUMBER: 04529474)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 October 2023 46,310 26,969 328,566
Additions - - 1,970
At 30 September 2024 46,310 26,969 330,536
DEPRECIATION
At 1 October 2023 46,309 18,898 262,935
Charge for year - 1,211 10,140
At 30 September 2024 46,309 20,109 273,075
NET BOOK VALUE
At 30 September 2024 1 6,860 57,461
At 30 September 2023 1 8,071 65,631

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 82,679 17,095 501,619
Additions - - 1,970
At 30 September 2024 82,679 17,095 503,589
DEPRECIATION
At 1 October 2023 58,843 17,094 404,079
Charge for year 5,959 - 17,310
At 30 September 2024 64,802 17,094 421,389
NET BOOK VALUE
At 30 September 2024 17,877 1 82,200
At 30 September 2023 23,836 1 97,540

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 284,459 65,460
Other debtors 382,742 353,098
667,201 418,558

FUTURE GARDEN LIMITED (REGISTERED NUMBER: 04529474)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 144,314 73,814
Taxation and social security 10,796 10,452
Other creditors 3,747 4,875
158,857 89,141

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £84,000 (2023 - £95,000) were paid to the directors .

The company is under the control of the directors Mr D Roberts and Mrs S Roberts as they own the entire issued share capital.

The company trades with Future Garden (Chelmsford) Limited which is controlled by Mr D Roberts as he owns the entire issued share capital.

During the year sales to Future Garden (Chelmsford) Limited were £47,084 and purchases £181,634. The debtor at the year end was £134,788.