REGISTERED NUMBER: 03683709 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PLANTERS BRETBY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G G Ingram

Mrs C Ingram

SECRETARY:

Mrs C Ingram

REGISTERED OFFICE:

Woodlands Farm

Freasley

Tamworth

Staffordshire

B78 2EY

REGISTERED NUMBER:

03683709 (England and Wales)

AUDITORS:

Philip Barnes & Co Limited

Chartered Accountants

Statutory Auditors

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Tangible assets

4

2,327,883

1,380,245

CURRENT ASSETS

Stocks

1,180,004

1,333,152

Debtors

5

226,616

94,756

Cash at bank and in hand

390,843

456,928

1,797,463

1,884,836

CREDITORS

Amounts falling due within one year

6

1,143,670

623,749

NET CURRENT ASSETS

653,793

1,261,087

TOTAL ASSETS LESS CURRENT LIABILITIES

2,981,676

2,641,332

CREDITORS

Amounts falling due after more than one year

7

(403,081

)

-

PROVISIONS FOR LIABILITIES

(65,000

)

(62,000

)

NET ASSETS

2,513,595

2,579,332

CAPITAL AND RESERVES

Called up share capital

9

500

500

Retained earnings

2,513,095

2,578,832

SHAREHOLDERS' FUNDS

2,513,595

2,579,332

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

G G Ingram - Director

1.	STATUTORY INFORMATION

Planters at Bretby Limited is a private company, limited by shares, registered in England and Wales. The company's place of business is Bretby Lane, Burton Upon Trent DE15 0QS, and its registered number and 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 significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The company's parent undertaking Ingram Retailing Ltd, includes the company in it's consolidated financial statements, and these are available at its registered office Woodlands Farm, Freasley, Tamworth, Staffordshire, B78 2EY.

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.

Freehold property

-

3.33% - 5% on cost

Plant, fixtures and fittings

-

20% reducing balance

Motor vehicles

-

25% reducing balance

Stocks

Stocks are valued at lower of cost, and estimated selling price less costs to sell.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

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.

3.

EMPLOYEES

The average number of employees during the year was 69 (2023 - 65 ) .

4.	TANGIBLE FIXED ASSETS

Plant,

fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

1,712,864

691,041

38,835

2,442,740

Additions

982,353

88,612

-

1,070,965

Disposals

-

(60,165

)

-

(60,165

)

At 31 December 2024

2,695,217

719,488

38,835

3,453,540

DEPRECIATION

At 1 January 2024

650,448

384,722

27,325

1,062,495

Charge for year

43,040

72,527

2,878

118,445

Eliminated on disposal

-

(55,283

)

-

(55,283

)

At 31 December 2024

693,488

401,966

30,203

1,125,657

NET BOOK VALUE

At 31 December 2024

2,001,729

317,522

8,632

2,327,883

At 31 December 2023

1,062,416

306,319

11,510

1,380,245

Included in cost of land and buildings is freehold land of £ 819,837 (2023 - £ 419,837 ) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

60

7,539

Amounts owed by group undertakings

12,635

11,374

Other debtors

213,921

75,843

226,616

94,756

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

11,756

-

Trade creditors

264,603

267,971

Amounts owed to group undertakings

761,841

167,533

Taxation and social security

94,130

177,245

Other creditors

11,340

11,000

1,143,670

623,749

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

403,081

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans - Over 5yrs

362,673

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

414,837

-

National Westminster Bank debt is secured by specific equitable charges over freehold and leasehold properties.

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2024

2023

value:

£

£

500

Ordinary

£1

500

500

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Christopher Humphreys FCA (Senior Statutory Auditor)

for and on behalf of Philip Barnes & Co Limited

11.	SECURITIES AND GUARANTEES

The Ingram Retailing Group companies (excluding Every Occasion Ltd) and the Planters Brookfields Group companies are party to limited corporate guarantees in favour of the National Westminster Bank in respect of the following Companies:

Ingram Retailing Ltd

- parent company

8.50m

Garden King Ltd

- fellow subsidiary

1.53m

Planters Brookfields Holdings Ltd

- associated company

5.91m

Planters Garden Centre Ltd

- fellow subsidiary

3.03m

Planters Bretby Ltd

1.30m

Ingram Retailing Ltd and Planters Brookfields Holdings Ltd have a common controlling party.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G G Ingram.