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REGISTERED NUMBER: 05616969 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Cheer's Nurseries Limited

Cheer's Nurseries Limited (Registered number: 05616969)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cheer's Nurseries Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: G H Cheer
Mrs T J Elsom





SECRETARY: Mrs T J Elsom





REGISTERED OFFICE: Rustdene, Elevenacre Lane
Kirton
Boston
Lincolnshire
PE20 1LS





REGISTERED NUMBER: 05616969 (England and Wales)





ACCOUNTANTS: Guymer King Limited
4 Stone Street Court
Stone Street
Hadleigh
Suffolk
IP7 6HY

Cheer's Nurseries Limited (Registered number: 05616969)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 115,220 151,523

CURRENT ASSETS
Stocks 622,008 464,385
Debtors 5 240,729 120,658
862,737 585,043
CREDITORS
Amounts falling due within one year 6 503,382 302,190
NET CURRENT ASSETS 359,355 282,853
TOTAL ASSETS LESS CURRENT
LIABILITIES

474,575

434,376

CREDITORS
Amounts falling due after more than
one year

7

20,000

-
NET ASSETS 454,575 434,376

CAPITAL AND RESERVES
Called up share capital 180 180
Retained earnings 454,395 434,196
454,575 434,376

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Cheer's Nurseries Limited (Registered number: 05616969)

Balance Sheet - continued
30 November 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 Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:





G H Cheer - Director


Cheer's Nurseries Limited (Registered number: 05616969)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Cheer's Nurseries 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.

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.

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.

Cheer's Nurseries Limited (Registered number: 05616969)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 321,653
Additions 63,742
Disposals (70,825 )
At 30 November 2024 314,570
DEPRECIATION
At 1 December 2023 170,130
Charge for year 29,929
Eliminated on disposal (709 )
At 30 November 2024 199,350
NET BOOK VALUE
At 30 November 2024 115,220
At 30 November 2023 151,523

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 172,476 112,594
Other debtors 68,253 8,064
240,729 120,658

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 220,091 199,648
Trade creditors 222,911 74,107
Taxation and social security 39,130 28,435
Other creditors 21,250 -
503,382 302,190

Cheer's Nurseries Limited (Registered number: 05616969)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans 20,000 -

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
G H Cheer
Balance outstanding at start of year 7,485 -
Amounts advanced 85,443 7,485
Amounts repaid (24,676 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 68,252 7,485