REGISTERED NUMBER: SC334910 (Scotland)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Reynard Nursery Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Scott

Mrs P Scott

REGISTERED OFFICE:

7 Mauldslie Road

Carluke

South Lanarkshire

ML8 5HW

REGISTERED NUMBER:

SC334910 (Scotland)

ACCOUNTANTS:

Accountants Plus

Chartered Certified Accountants

Second Floor

Airbles House

270 Airbles Road

Motherwell

ML1 3AT

FIXED ASSETS

Intangible assets

4

30,000

40,000

Tangible assets

5

83,160

105,394

113,160

145,394

CURRENT ASSETS

Stocks

49,084

50,838

Debtors

6

119,873

164,683

Cash in hand

1,476

1,175

170,433

216,696

CREDITORS

Amounts falling due within one year

7

181,993

155,430

NET CURRENT (LIABILITIES)/ASSETS

(11,560

)

61,266

TOTAL ASSETS LESS CURRENT LIABILITIES

101,600

206,660

CREDITORS

Amounts falling due after more than one year

8

(51,404

)

(98,032

)

PROVISIONS FOR LIABILITIES

(8,956

)

(7,054

)

NET ASSETS

41,240

101,574

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

40,240

100,574

41,240

101,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 23 September 2025 and were signed on its behalf by:

A Scott - Director

1.	STATUTORY INFORMATION

Reynard Nursery Ltd is a private company, limited by shares , registered in Scotland. 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.	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 0, is being amortised evenly over its estimated useful life of nil years.

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 the cost less estimated residual value of each asset over its estimated useful life.

Stocks

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

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and bank balances

Cash and bank balances are measured at the transaction price.

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.

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 30 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

203,333

AMORTISATION

At 1 February 2024

163,333

Charge for year

10,000

At 31 January 2025

173,333

NET BOOK VALUE

At 31 January 2025

30,000

At 31 January 2024

40,000

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2024

and 31 January 2025

135,715

124,248

259,963

DEPRECIATION

At 1 February 2024

95,301

59,268

154,569

Charge for year

5,989

16,245

22,234

At 31 January 2025

101,290

75,513

176,803

NET BOOK VALUE

At 31 January 2025

34,425

48,735

83,160

At 31 January 2024

40,414

64,980

105,394

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

11,072

7,703

Amounts owed by participating interests

78,685

121,076

Other debtor

24,250

27,250

VAT

5,866

8,654

119,873

164,683

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

86,286

51,607

Hire purchase contracts

16,628

16,628

Trade creditors

64,937

69,875

Tax

1,066

-

Social security and other taxes

10

2,085

Pension contributions

-

58

Directors' current accounts

10,451

12,651

Accrued expenses

2,615

2,526

181,993

155,430

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans - 1-2 years

15,292

45,292

Hire purchase contracts

36,112

52,740

51,404

98,032