REGISTERED NUMBER: 13119672 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

HULL GARDEN SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Scott Philip Kitching

Rio Shannon Lee Nicholson

REGISTERED OFFICE:

Stag View House

Crabtree Lane

OLD ELLERBY

East Yorkshire

HU11 5AJ

REGISTERED NUMBER:

13119672 (England and Wales)

ACCOUNTANTS:

G & C Professionals Limited

trading as Graham & Company

Chartered Certified Accountants

Cleveland House

1-10 Sitwell Street

KINGSTON UPON HULL

East Yorkshire

HU8 7BE

FIXED ASSETS

Tangible assets

4

26,141

33,515

Investments

5

200

-

26,341

33,515

CURRENT ASSETS

Stocks

6

16,722

59,651

Debtors

7

84,628

77,452

Cash at bank and in hand

83,575

3,519

184,925

140,622

CREDITORS

Amounts falling due within one year

8

148,533

140,540

NET CURRENT ASSETS

36,392

82

TOTAL ASSETS LESS CURRENT LIABILITIES

62,733

33,597

CREDITORS

Amounts falling due after more than one year

9

10,943

15,623

NET ASSETS

51,790

17,974

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

51,690

17,874

SHAREHOLDERS' FUNDS

51,790

17,974

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 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 16 September 2025 and were signed on its behalf by:

Scott Philip Kitching - Director

Rio Shannon Lee Nicholson - Director

1.	STATUTORY INFORMATION

HULL GARDEN SOLUTIONS LTD 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 represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

30% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 7 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

16,525

4,100

27,498

2,028

50,151

Additions

-

500

-

-

500

At 31 December 2024

16,525

4,600

27,498

2,028

50,651

DEPRECIATION

At 1 January 2024

7,575

1,545

5,948

1,568

16,636

Charge for year

1,786

457

5,387

244

7,874

At 31 December 2024

9,361

2,002

11,335

1,812

24,510

NET BOOK VALUE

At 31 December 2024

7,164

2,598

16,163

216

26,141

At 31 December 2023

8,950

2,555

21,550

460

33,515

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

18,998

DEPRECIATION

At 1 January 2024

998

Charge for year

4,500

At 31 December 2024

5,498

NET BOOK VALUE

At 31 December 2024

13,500

At 31 December 2023

18,000

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

Additions

200

At 31 December 2024

200

NET BOOK VALUE

At 31 December 2024

200

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Stag Garden Centre Limited

Registered office: UK

Nature of business: Non-trading

%

Class of shares:

holding

Ordinary

100.00

2024

£

Aggregate capital and reserves

100

Saltshouse Garden Centre Limited

Registered office: UK

Nature of business: Garden Centre

%

Class of shares:

holding

Ordinary

100.00

2024

2023

£

£

Aggregate capital and reserves

3,018

3,603

(Loss)/profit for the year

(585

)

3,115

6.

STOCKS

2024

2023

£

£

Materials and garden supplies

15,322

56,851

Work in progress

1,400

2,800

16,722

59,651

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

4,450

6,384

Amounts owed by group undertakings

55,839

62,689

Other debtors

23,756

8,232

Prepayments

583

147

84,628

77,452

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

4,680

3,974

Trade creditors

68,236

33,710

Corporation tax

24,892

6,968

Social security and other taxes

10,058

43,346

VAT

37,435

48,390

Other creditors

1,665

2,275

Directors' loan accounts

1,392

1,727

Accrued expenses

175

150

148,533

140,540

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

10,943

15,623

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

NIL

-

-

50

A Ordinary

£1

50

50

50

B Ordinary

£1

50

50

100

100

11.

RESERVES

Retained

earnings

£

At 1 January 2024

17,874

Profit for the year

75,816

Dividends

(42,000

)

At 31 December 2024

51,690