Company registration number 05904237 (England and Wales)
THE BRAND NURSERY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
THE BRAND NURSERY LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
THE BRAND NURSERY LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,828
6,581
Current assets
Stocks
12,684
4,781
Debtors
97,685
52,755
Cash at bank and in hand
38,640
101,190
149,009
158,726
Creditors: amounts falling due within one year
(107,187)
(83,234)
Net current assets
41,822
75,492
Total assets less current liabilities
44,650
82,073
Creditors: amounts falling due after more than one year
(19,000)
(57,000)
Provisions for liabilities
(293)
(1,139)
Net assets
25,357
23,934
Capital and reserves
Called up share capital
8,500
8,500
Capital redemption reserve
1,600
1,600
Profit and loss reserves
15,257
13,834
Total equity
25,357
23,934
THE BRAND NURSERY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 8 July 2025 and are signed on its behalf by:
Mr J P R Acton
Mr C A Blythe
Director
Director
Company registration number 05904237 (England and Wales)
THE BRAND NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information

The Brand Nursery 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.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.

1.2
Turnover

Revenue comprises sales of services provided to customers net of value added tax and other sales taxes. Revenue is recognised when performance obligations are satisfied and the control of services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Improvements to property
20% on cost
Fixtures and equipment
33% on cost
Computer equipment
33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Work in progress is valued at the lower of cost and net realisable value.

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

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.

THE BRAND NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 4 -
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.

1.5
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.

1.6
Government grants

Capital grants and other contributions received towards the cost of tangible fixed assets are included in creditors as deferred income and credited to the profit and loss account over the life of the asset. Revenue grants are credited to the profit and loss account so as to match them with the expenditure to which they relate. Revenue grants which do not relate to specific expenditure are recognised on receipt.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
12
13
3
Tangible fixed assets
Improvements to property
Fixtures and equipment
Computer equipment
Total
£
£
£
£
Cost
At 1 January 2024
2,849
15,569
83,927
102,345
Additions
-
0
-
0
2,798
2,798
At 31 December 2024
2,849
15,569
86,725
105,143
Depreciation and impairment
At 1 January 2024
2,849
15,338
77,577
95,764
Depreciation charged in the year
-
0
126
6,425
6,551
At 31 December 2024
2,849
15,464
84,002
102,315
THE BRAND NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
3
Tangible fixed assets
Improvements to property
Fixtures and equipment
Computer equipment
Total
£
£
£
£
(Continued)
- 5 -
Carrying amount
At 31 December 2024
-
0
105
2,723
2,828
At 31 December 2023
-
0
231
6,350
6,581
4
Secured debts

Included in liabilities is a bank loan of £49,000 (2023: £98,167 which is secured by fixed and floating charges on the assets and undertakings of the company.

5
Operating lease commitments

At 31 December 2024 the company had outstanding commitments under operating leases of £17,436 (2023 - £52,308).

6
Directors' transactions

During the year, the directors were advanced amounts of £56,622 (2023 - £56,022), repaid amounts of £42,699 (2023: £55,692) and owed the company £20,811 (2023: £6,557) at the balance sheet date.

 

There are no repayment terms and interest is charged equivalent to the official rate of interest.

2024-12-312024-01-01falsefalsefalse08 July 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr J P R ActonMr C A BlytheMr R A BeckramMrs J RichardsonMr R A Beckram059042372024-01-012024-12-31059042372024-12-31059042372023-12-3105904237core:LeaseholdImprovements2024-12-3105904237core:FurnitureFittings2024-12-3105904237core:ComputerEquipment2024-12-3105904237core:LeaseholdImprovements2023-12-3105904237core:FurnitureFittings2023-12-3105904237core:ComputerEquipment2023-12-3105904237core:ShareCapital2024-12-3105904237core:ShareCapital2023-12-3105904237core:CapitalRedemptionReserve2024-12-3105904237core:CapitalRedemptionReserve2023-12-3105904237core:RetainedEarningsAccumulatedLosses2024-12-3105904237core:RetainedEarningsAccumulatedLosses2023-12-3105904237bus:Director12024-01-012024-12-3105904237bus:Director22024-01-012024-12-3105904237core:LeaseholdImprovements2024-01-012024-12-3105904237core:FurnitureFittings2024-01-012024-12-3105904237core:ComputerEquipment2024-01-012024-12-31059042372023-01-012023-12-3105904237core:LeaseholdImprovements2023-12-3105904237core:FurnitureFittings2023-12-3105904237core:ComputerEquipment2023-12-31059042372023-12-3105904237bus:PrivateLimitedCompanyLtd2024-01-012024-12-3105904237bus:SmallCompaniesRegimeForAccounts2024-01-012024-12-3105904237bus:FRS1022024-01-012024-12-3105904237bus:AuditExemptWithAccountantsReport2024-01-012024-12-3105904237bus:Director32024-01-012024-12-3105904237bus:Director42024-01-012024-12-3105904237bus:CompanySecretary12024-01-012024-12-3105904237bus:FullAccounts2024-01-012024-12-31xbrli:purexbrli:sharesiso4217:GBP