REGISTERED NUMBER: 09318036 (England and Wales)

Hemingford Plants Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

Notes to the financial statements

5

Director:

C D James

Registered office:

Monica House

St Augustines Road

Wisbech

PE13 3AD

Business address:

Mallard Road

Spalding

Lincolnshire

PE12 6ND

Registered number:

09318036 (England and Wales)

Accountants:

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

The following reproduces the text of the report prepared for the director 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 Director's report 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 Hemingford Plants Limited for the year ended 31 December 2024 which comprise the Statement of income and retained earnings, Statement of financial position 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 director of Hemingford Plants Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hemingford Plants Limited and state those matters that we have agreed to state to the director of Hemingford Plants Limited 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 Hemingford Plants Limited and its director for our work or for this report.

It is your duty to ensure that Hemingford Plants 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 loss of Hemingford Plants Limited. You consider that Hemingford Plants 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 Hemingford Plants 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.

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

19 September 2025

Fixed assets

Tangible assets

5

32,723

41,046

Current assets

Stocks

41,260

25,650

Debtors

6

7,503

81,212

Cash at bank

104,434

119,834

153,197

226,696

Creditors

Amounts falling due within one year

7

44,615

75,824

Net current assets

108,582

150,872

Total assets less current liabilities

141,305

191,918

Creditors

Amounts falling due after more than one year

8

(4,416

)

(14,806

)

Provisions for liabilities

(6,217

)

(7,799

)

Net assets

130,672

169,313

Capital and reserves

Called up share capital

200

200

Retained earnings

130,472

169,113

130,672

169,313

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 director acknowledges his 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 director and authorised for issue on 18 September 2025 and were signed by:

C D James - Director

1.	Statutory information

Hemingford Plants 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 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

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.

4.	Employees and directors

The average number of employees during the year was 10 (2023 - 11 ) .

5.	Tangible fixed assets

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 January 2024

and 31 December 2024

82,426

9,000

2,015

93,441

Depreciation

At 1 January 2024

43,665

6,864

1,866

52,395

Charge for year

7,752

534

37

8,323

At 31 December 2024

51,417

7,398

1,903

60,718

Net book value

At 31 December 2024

31,009

1,602

112

32,723

At 31 December 2023

38,761

2,136

149

41,046

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

178

78,477

VAT

284

2,735

Prepayments

7,041

-

7,503

81,212

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Bank loans and overdrafts

10,399

10,142

Trade creditors

454

2,753

Tax

240

22,340

Social security and other taxes

3,220

2,073

Other creditors

317

84

Directors' loan accounts

27,640

36,050

Accrued expenses

2,345

2,382

44,615

75,824

8.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Bank loans - 1-2 years

4,416

10,397

Bank loans - 2-5 years

-

4,409

4,416

14,806

9.	Related party disclosures

During the year a director and his wife provided the company with an interest free loan. The balance owing to them at the year end was £27,640 (2023 - £36,050). No interest is being paid and there are no formal repayment terms.