Company No: 13208414 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		30.04.2024
		£		£
Fixed assets
Tangible assets	3	0		13,359
		0		13,359
Current assets
Stocks		0		15,000
Debtors	4	695		1,594
Cash at bank and in hand		1,070		9,226
		1,765		25,820
Creditors: amounts falling due within one year	5	( 46,383)		( 85,989)
Net current liabilities		(44,618)		(60,169)
Total assets less current liabilities		(44,618)		(46,810)
Net liabilities		( 44,618)		( 46,810)
Capital and reserves
Called-up share capital		2		2
Profit and loss account		( 44,620 )		( 46,812 )
Total shareholder's deficit		( 44,618)		( 46,810)

For the financial period ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Mediterranean Plants London Limited (registered number: 13208414) were approved and authorised for issue by the Board of Directors on 18 July 2025. They were signed on its behalf by:

Mr M Halcro Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Mediterranean Plants London Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Treviot House, 186-192 High Road, Ilford, Essex, , United Kingdom, IG1 1LR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

As a result of the decision to close the company, the financial statements have been prepared on the basis other than the going concern basis of preparation. The directors have assessed assets for impairment as a result of the decision to close the company, no write downs were identified as being required.

Reporting period length

The current period is from 1 June 2024 to 31 March 2025 (The dare of cessation) The prior year is from 1 June 2023 to 30 May 2024. Therefor the periods are not entirely comparable.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

	Period from 01.05.2024 to 31.03.2025		Year ended 30.04.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	3		3

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 May 2024	25,000		25,000
Disposals	( 25,000)		( 25,000)
At 31 March 2025	0		0
Accumulated depreciation
At 01 May 2024	11,641		11,641
Disposals	( 11,641)		( 11,641)
At 31 March 2025	0		0
Net book value
At 31 March 2025	0		0
At 30 April 2024	13,359		13,359

4. Debtors

	31.03.2025		30.04.2024
	£		£
Corporation tax	695		695
Other debtors	0		899
	695		1,594

5. Creditors: amounts falling due within one year

	31.03.2025		30.04.2024
	£		£
Trade creditors	2,227		23,224
Other taxation and social security	79		10,241
Other creditors	44,077		52,524
	46,383		85,989