REGISTERED NUMBER: 03243369 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

The Cedars Nursery Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C C C Hawkins

S Hindmarsh

K K Hindmarsh

Mrs J Hindmarsh

SECRETARY:

Mrs J Hindmarsh

REGISTERED OFFICE:

Cedars Lodge

The Cedars Ashbrooke

Sunderland

Tyne And Wear

SR2 7TW

REGISTERED NUMBER:

03243369 (England and Wales)

ACCOUNTANTS:

TTR Barnes Limited

Chartered Accountants

3-5 Grange Terrace

Stockton Road

Sunderland

Tyne & Wear

SR2 7DG

FIXED ASSETS

Tangible assets

4

91,110

92,689

CURRENT ASSETS

Debtors

5

117,899

120,995

Investments

6

272,245

285,704

Cash at bank and in hand

128,127

70,366

518,271

477,065

CREDITORS

Amounts falling due within one year

7

136,714

101,858

NET CURRENT ASSETS

381,557

375,207

TOTAL ASSETS LESS CURRENT LIABILITIES

472,667

467,896

CREDITORS

Amounts falling due after more than one year

8

2,699

3,423

NET ASSETS

469,968

464,473

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

469,868

464,373

SHAREHOLDERS' FUNDS

469,968

464,473

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

S Hindmarsh - Director

1.	STATUTORY INFORMATION

The Cedars Nursery 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.

The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future, which the directors consider appropriate.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Office Equipment

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.

Grants of a revenue nature are recognised in the Income Statement in the same period as the

related expenditure.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Investments

Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 30 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

Motor

Leasehold

Equipment

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2024

66,072

25,353

38,099

50,846

180,370

Additions

-

4,623

-

-

4,623

At 31 December 2024

66,072

29,976

38,099

50,846

184,993

DEPRECIATION

At 1 January 2024

-

13,044

28,018

46,619

87,681

Charge for year

-

3,643

1,502

1,057

6,202

At 31 December 2024

-

16,687

29,520

47,676

93,883

NET BOOK VALUE

At 31 December 2024

66,072

13,289

8,579

3,170

91,110

At 31 December 2023

66,072

12,309

10,081

4,227

92,689

Fixed assets, included in the above, which are held under finance leases are as follows:

Office

Equipment

£

COST

At 1 January 2024

8,900

Additions

3,130

At 31 December 2024

12,030

DEPRECIATION

At 1 January 2024

2,225

Charge for year

1,865

At 31 December 2024

4,090

NET BOOK VALUE

At 31 December 2024

7,940

At 31 December 2023

6,675

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

3,852

2,949

Amounts owed by participating interests

103,698

103,698

Other debtors

10,349

14,348

117,899

120,995

6.	CURRENT ASSET INVESTMENTS

2024

2023

£

£

Investments

272,245

285,704

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Finance leases

4,054

2,738

Trade creditors

18,598

23,320

Taxation and social security

9,227

1,987

Other creditors

104,835

73,813

136,714

101,858

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Finance leases

2,699

3,423

Amounts falling due in more than five years:

Repayable by instalments

Finance leases

-

3,423