REGISTERED NUMBER: 06849571 (England and Wales)

The Mower Shop (Northampton) Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

S Bartle

REGISTERED OFFICE:

310 Wellingborough Road

Northampton

Northamptonshire

NN1 4EP

BUSINESS ADDRESS:

Northampton Road

West Haddon

Northamptonshire

NN6 7AS

REGISTERED NUMBER:

06849571 (England and Wales)

ACCOUNTANTS:

Cheney & Co

310 Wellingborough Road

Northampton

NN1 4EP

FIXED ASSETS

Intangible assets

5

9,000

11,250

Tangible assets

6

33,563

40,624

42,563

51,874

CURRENT ASSETS

Stocks

165,000

240,000

Debtors

7

123,846

63,521

Cash at bank and in hand

30,997

75,665

319,843

379,186

CREDITORS

Amounts falling due within one year

8

270,312

322,138

NET CURRENT ASSETS

49,531

57,048

TOTAL ASSETS LESS CURRENT LIABILITIES

92,094

108,922

CREDITORS

Amounts falling due after more than one year

9

(24,524

)

(30,215

)

PROVISIONS FOR LIABILITIES

12

(7,200

)

(9,000

)

NET ASSETS

60,370

69,707

CAPITAL AND RESERVES

Called up share capital

13

100

100

Retained earnings

60,270

69,607

SHAREHOLDERS' FUNDS

60,370

69,707

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26th August 2025 and were signed by:

S Bartle - Director

1.	STATUTORY INFORMATION

The Mower Shop (Northampton) 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 (£).

The principal activity of the company in the year under review was that of the sale and servicing of garden machinery.

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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistency applied to all years presented unless otherwise stated

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 2010, is being amortised evenly over its estimated useful life of twenty 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 each asset over its estimated useful life.

Long leasehold

-

4% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

45,000

AMORTISATION

At 1st April 2024

33,750

Charge for year

2,250

At 31st March 2025

36,000

NET BOOK VALUE

At 31st March 2025

9,000

At 31st March 2024

11,250

6.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1st April 2024

58,095

2,542

12,873

Additions

-

-

492

At 31st March 2025

58,095

2,542

13,365

DEPRECIATION

At 1st April 2024

34,839

2,542

11,290

Charge for year

2,323

-

315

At 31st March 2025

37,162

2,542

11,605

NET BOOK VALUE

At 31st March 2025

20,933

-

1,760

At 31st March 2024

23,256

-

1,583

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st April 2024

32,320

11,353

117,183

Additions

-

-

492

At 31st March 2025

32,320

11,353

117,675

DEPRECIATION

At 1st April 2024

17,461

10,427

76,559

Charge for year

4,551

364

7,553

At 31st March 2025

22,012

10,791

84,112

NET BOOK VALUE

At 31st March 2025

10,308

562

33,563

At 31st March 2024

14,859

926

40,624

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

93,091

63,521

Other debtors

30,755

-

123,846

63,521

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 10)

6,202

13,906

Trade creditors

178,922

243,097

Taxation and social security

77,650

59,110

Other creditors

7,538

6,025

270,312

322,138

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

24,524

30,215

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

6,202

13,906

Amounts falling due between one and two years:

Bank loans - 1-2 years

5,651

7,966

Amounts falling due between two and five years:

Bank loans - 2-5 years

18,873

22,249

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

30,726

44,121

The director has given personal security for the bank overdraft and the bank loan.

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

7,200

9,000

Deferred

tax

£

Balance at 1st April 2024

9,000

Credit to Income Statement during year

(1,800

)

Balance at 31st March 2025

7,200

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

14.	CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st March 2025 or at 31st March 2024.

15.	CAPITAL COMMITMENTS

There were no capital commitments as at 31st March 2025 or at 31st March 2024.