REGISTERED NUMBER: 08829780 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Flowervision Lancashire Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Koppert

D Koppert

A Van Duijvenvoorde

T de Mooij

REGISTERED OFFICE:

7 Hillside

Chard

Somserset

TA20 1JF

REGISTERED NUMBER:

08829780 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

325,720

375,964

325,720

375,964

CURRENT ASSETS

Stocks

220,393

276,282

Debtors

6

488,524

465,584

Cash at bank and in hand

1,073,881

1,381,918

1,782,798

2,123,784

CREDITORS

Amounts falling due within one year

7

1,121,525

1,543,356

NET CURRENT ASSETS

661,273

580,428

TOTAL ASSETS LESS CURRENT LIABILITIES

986,993

956,392

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

986,893

956,292

SHAREHOLDERS' FUNDS

986,993

956,392

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 24 April 2025 and were signed on its behalf by:

P Koppert - Director

1.	STATUTORY INFORMATION

Flowervision Lancashire 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, has been amortised evenly over five years leaving a Nil value on the balance sheet.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

Straight line over 5 years

Motor vehicles

-

25% on cost

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 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

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 AND DIRECTORS

The average number of employees during the year was NIL (2023 - 45 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

62,500

AMORTISATION

At 1 January 2024

and 31 December 2024

62,500

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

326,597

407,304

394,455

1,128,356

Additions

-

5,145

80,836

85,981

At 31 December 2024

326,597

412,449

475,291

1,214,337

DEPRECIATION

At 1 January 2024

185,855

317,585

248,952

752,392

Charge for year

32,652

31,621

71,952

136,225

At 31 December 2024

218,507

349,206

320,904

888,617

NET BOOK VALUE

At 31 December 2024

108,090

63,243

154,387

325,720

At 31 December 2023

140,742

89,719

145,503

375,964

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

380,729

416,742

Other debtors

107,795

48,842

488,524

465,584

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

342,964

826,046

Taxation and social security

483,731

411,629

Other creditors

294,830

305,681

1,121,525

1,543,356

8.

RESERVES

Retained

earnings

£

At 1 January 2024

956,292

Profit for the year

728,601

Dividends

(698,000

)

At 31 December 2024

986,893