REGISTERED NUMBER: 04168835 (England and Wales)

COTTON TAILS NURSERIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

Mrs N J Cotton

Mr D A Cotton

SECRETARY:

Mrs N J Cotton

REGISTERED OFFICE:

1110 Bristol Road South, Northfield

Birmingham

West Midlands

B31 2RE

REGISTERED NUMBER:

04168835 (England and Wales)

ACCOUNTANTS:

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

The following reproduces the text of the report prepared for the directors 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors 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 Cotton Tails Nurseries Limited for the year ended 31 March 2025 which comprise the Income Statement, Statement of Financial Position, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Cotton Tails Nurseries Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cotton Tails Nurseries Limited and state those matters that we have agreed to state to the Board of Directors of Cotton Tails Nurseries Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cotton Tails Nurseries Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cotton Tails Nurseries 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 Cotton Tails Nurseries Limited. You consider that Cotton Tails Nurseries 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 Cotton Tails Nurseries 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.

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

10 September 2025

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

447,685

448,091

Investment property

6

-

206,812

447,685

654,903

CURRENT ASSETS

Stocks

1,350

1,350

Debtors

7

3,446,671

3,006,674

Cash at bank

196,186

113,494

3,644,207

3,121,518

CREDITORS

Amounts falling due within one year

8

454,290

370,730

NET CURRENT ASSETS

3,189,917

2,750,788

TOTAL ASSETS LESS CURRENT LIABILITIES

3,637,602

3,405,691

PROVISIONS FOR LIABILITIES

22,002

22,103

NET ASSETS

3,615,600

3,383,588

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,615,500

3,383,488

SHAREHOLDERS' FUNDS

3,615,600

3,383,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 10 September 2025 and were signed on its behalf by:

Mr D A Cotton - Director

Mrs N J Cotton - Director

1.	STATUTORY INFORMATION

Cotton Tails 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 recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

Revenue from the supply of services is recognised when:

- the amount of the revenue can be measured reliably;

- it is probable that the economic benefits associated with the transaction will flow to the entity; and

- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

Tangible fixed assets are initially measured at cost. After initial recognition, tangible fixed assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold Property

-

Not provided

Long leasehold property

-

20% on cost and in accordance with the property

Fixtures and fittings

-

20% on reducing balance

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

Investment property

Investment property is initially measured at cost. After initial recognition, investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 95 (2024 - 91 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

450,000

AMORTISATION

At 1 April 2024

and 31 March 2025

450,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Long

and

property

leasehold

fittings

Totals

£

£

£

£

COST

At 1 April 2024

359,679

77,459

333,146

770,284

Additions

-

-

18,525

18,525

At 31 March 2025

359,679

77,459

351,671

788,809

DEPRECIATION

At 1 April 2024

-

72,364

249,829

322,193

Charge for year

-

577

18,354

18,931

At 31 March 2025

-

72,941

268,183

341,124

NET BOOK VALUE

At 31 March 2025

359,679

4,518

83,488

447,685

At 31 March 2024

359,679

5,095

83,317

448,091

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

206,812

Disposals

(206,812

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

206,812

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

725

-

Amounts owed by group undertakings

2,800,838

1,440,337

Other debtors

645,108

1,566,337

3,446,671

3,006,674

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

12,299

32,045

Taxation and social security

215,005

124,728

Other creditors

226,986

213,957

454,290

370,730

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2025 and the period ended 31 March 2024:

2025

2024

£

£

Mr D A Cotton and Mrs N J Cotton

Balance outstanding at start of year

923,762

873,629

Amounts advanced

322,990

143,561

Amounts repaid

(1,246,752

)

(93,428

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

923,762