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REGISTERED NUMBER: 08716267 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

SECOND NATURE GARDENS LIMITED

SECOND NATURE GARDENS LIMITED (REGISTERED NUMBER: 08716267)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

SECOND NATURE GARDENS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: C J R Gutteridge





SECRETARY: Mrs J L Gutteridge





REGISTERED OFFICE: The Old Station, Isabel Lane
Kibworth
Leicester
LE8 0QQ





REGISTERED NUMBER: 08716267 (England and Wales)





ACCOUNTANTS: Crowfoot & Co Accountants Ltd
Lonsdale House
High Street
Lutterworth
Leicestershire
LE17 4AD

SECOND NATURE GARDENS LIMITED (REGISTERED NUMBER: 08716267)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 16,044 20,882
16,044 20,882

CURRENT ASSETS
Stocks 27,500 57,500
Debtors 6 974 8,989
Cash at bank 7,520 -
35,994 66,489
CREDITORS
Amounts falling due within one year 7 82,730 97,863
NET CURRENT LIABILITIES (46,736 ) (31,374 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(30,692

)

(10,492

)

CREDITORS
Amounts falling due after more than
one year

8

(12,719

)

(30,922

)

PROVISIONS FOR LIABILITIES (3,048 ) (3,968 )
NET LIABILITIES (46,459 ) (45,382 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (46,460 ) (45,383 )
SHAREHOLDERS' FUNDS (46,459 ) (45,382 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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.

SECOND NATURE GARDENS LIMITED (REGISTERED NUMBER: 08716267)

BALANCE SHEET - continued
31 OCTOBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 May 2025 and were signed by:





C J R Gutteridge - Director


SECOND NATURE GARDENS LIMITED (REGISTERED NUMBER: 08716267)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Second Nature Gardens 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

SECOND NATURE GARDENS LIMITED (REGISTERED NUMBER: 08716267)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 23,000
AMORTISATION
At 1 November 2023
and 31 October 2024 23,000
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 11,950 53,638 65,588
DEPRECIATION
At 1 November 2023 8,119 36,587 44,706
Charge for year 575 4,263 4,838
At 31 October 2024 8,694 40,850 49,544
NET BOOK VALUE
At 31 October 2024 3,256 12,788 16,044
At 31 October 2023 3,831 17,051 20,882

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 311 8,989
Other debtors 663 -
974 8,989

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,332 18,827
Hire purchase contracts 7,660 7,660
Trade creditors 33,701 20,560
Taxation and social security 715 11,281
Other creditors 30,322 39,535
82,730 97,863

SECOND NATURE GARDENS LIMITED (REGISTERED NUMBER: 08716267)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 6,335 16,878
Hire purchase contracts 6,384 14,044
12,719 30,922

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 October 2024, an amount of £27,357 (2023 £36,620) was due to the director, which is included within creditors on the balance sheet.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr C J R and Mrs J L Gutteridge.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SECOND NATURE GARDENS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Second Nature Gardens Limited for the year ended 31 October 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Second Nature Gardens Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Second Nature Gardens Limited and state those matters that we have agreed to state to the director of Second Nature Gardens Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Second Nature Gardens Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Second Nature Gardens Limited. You consider that Second Nature Gardens Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Second Nature Gardens Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Crowfoot & Co Accountants Ltd
Lonsdale House
High Street
Lutterworth
Leicestershire
LE17 4AD


30 May 2025