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REGISTERED NUMBER: 03300315 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sandhill Nurseries and
Garden Centre Limited

Sandhill Nurseries and
Garden Centre Limited (Registered number: 03300315)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sandhill Nurseries and
Garden Centre Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: S D Johnson





REGISTERED OFFICE: Suite 1
The Riverside Building
Hessle
East Yorkshire
HU13 0DZ





REGISTERED NUMBER: 03300315 (England and Wales)





ACCOUNTANTS: Harris Lacey and Swain
Suite 1
The Riverside Building
Hessle
East Yorkshire
HU13 0DZ

Sandhill Nurseries and
Garden Centre Limited (Registered number: 03300315)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 850,539 880,179
850,539 880,179

CURRENT ASSETS
Stocks 6 472,341 463,282
Debtors 7 8,462 27,172
Cash at bank and in hand 1,673,474 1,557,957
2,154,277 2,048,411
CREDITORS
Amounts falling due within one year 8 419,366 397,677
NET CURRENT ASSETS 1,734,911 1,650,734
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,585,450

2,530,913

PROVISIONS FOR LIABILITIES 28,443 33,975
NET ASSETS 2,557,007 2,496,938

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,556,907 2,496,838
SHAREHOLDERS' FUNDS 2,557,007 2,496,938

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

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

Sandhill Nurseries and
Garden Centre Limited (Registered number: 03300315)

Balance Sheet - continued
31 December 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 29 July 2025 and were signed by:





S D Johnson - Director


Sandhill Nurseries and
Garden Centre Limited (Registered number: 03300315)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Sandhill Nurseries and Garden Centre 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
Revenue comprises the fair value of the consideration received or receivable for the sale of goods and services in the ordinary course of the company's activities. Revenue is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as described below.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1997, is being amortised evenly over its estimated useful life of twenty 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.
Freehold property - Not depreciated
Improvements to Property - 2% on cost
Computer equipment - 25% on cost
Implements, Machinery & Tools - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Greenhouses - 15% 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.


Sandhill Nurseries and
Garden Centre Limited (Registered number: 03300315)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued
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.

Estimates and judgements
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors, are initially recognised at transaction value and subsequently measured at their settlement value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 49 (2023 - 51 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 350,000
AMORTISATION
At 1 January 2024
and 31 December 2024 350,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

Sandhill Nurseries and
Garden Centre Limited (Registered number: 03300315)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


5. TANGIBLE FIXED ASSETS
Improvements Implements,
Freehold to Computer Machinery
property Property equipment & Tools
£    £    £    £   
COST
At 1 January 2024 16,980 1,005,498 135,230 262,977
Additions - 12,670 - 865
At 31 December 2024 16,980 1,018,168 135,230 263,842
DEPRECIATION
At 1 January 2024 - 286,725 132,190 202,202
Charge for year - 20,362 1,245 9,247
At 31 December 2024 - 307,087 133,435 211,449
NET BOOK VALUE
At 31 December 2024 16,980 711,081 1,795 52,393
At 31 December 2023 16,980 718,773 3,040 60,775

Fixtures
and Motor
fittings vehicles Greenhouses Totals
£    £    £    £   
COST
At 1 January 2024 426,239 22,857 292,900 2,162,681
Additions - - - 13,535
At 31 December 2024 426,239 22,857 292,900 2,176,216
DEPRECIATION
At 1 January 2024 361,114 20,570 279,701 1,282,502
Charge for year 9,770 572 1,979 43,175
At 31 December 2024 370,884 21,142 281,680 1,325,677
NET BOOK VALUE
At 31 December 2024 55,355 1,715 11,220 850,539
At 31 December 2023 65,125 2,287 13,199 880,179

6. STOCKS
2024 2023
£    £   
Goods for Resale 472,341 463,282

Sandhill Nurseries and
Garden Centre Limited (Registered number: 03300315)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 8,462 27,172

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 116,311 91,037
Taxation and social security 113,275 123,853
Other creditors 189,780 182,787
419,366 397,677

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other creditors 111,721 111,721

The amount of £111,721 in other creditors is secured by a fixed charge on the assets of the company.