REGISTERED NUMBER: 05034884 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

N W Turf & Garden Supplies Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A E Ratcliffe

SECRETARY:

Mrs L Ratcliffe

REGISTERED OFFICE:

40 Kirklands

Bolton

Lancashire

BL2 4LU

REGISTERED NUMBER:

05034884 (England and Wales)

ACCOUNTANTS:

Campbells Professional Partnership Limited

Chartered Accountants

Intermart House

76 Church Street

Horwich

Bolton

Lancashire

BL6 6AB

FIXED ASSETS

Property, plant and equipment

4

64,300

64,166

CURRENT ASSETS

Inventories

64,940

39,934

Debtors

5

13,649

55,703

Cash at bank

30,693

11,266

109,282

106,903

CREDITORS

Amounts falling due within one year

6

39,713

45,744

NET CURRENT ASSETS

69,569

61,159

TOTAL ASSETS LESS CURRENT LIABILITIES

133,869

125,325

PROVISIONS FOR LIABILITIES

15,236

13,906

NET ASSETS

118,633

111,419

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

118,533

111,319

SHAREHOLDERS' FUNDS

118,633

111,419

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 31 October 2025 and were signed by:

A E Ratcliffe - Director

1.	STATUTORY INFORMATION

N W Turf & Garden Supplies Ltd 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

Revenue 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 cost

Motor vehicles - 15% on cost

Computer equipment - 20% on cost

Stocks

Inventories 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.

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 11 (2024 - 12 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2024

64,794

129,913

1,915

196,622

Additions

-

21,500

-

21,500

At 28 February 2025

64,794

151,413

1,915

218,122

DEPRECIATION

At 1 March 2024

52,974

78,332

1,150

132,456

Charge for year

4,483

16,500

383

21,366

At 28 February 2025

57,457

94,832

1,533

153,822

NET BOOK VALUE

At 28 February 2025

7,337

56,581

382

64,300

At 29 February 2024

11,820

51,581

765

64,166

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

3,349

6,333

Other debtors

10,300

49,370

13,649

55,703

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

8,355

7,190

Taxation and social security

24,927

22,538

Other creditors

6,431

16,016

39,713

45,744

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

28.2.25

29.2.24

£

£

A E Ratcliffe

Balance outstanding at start of year

40,830

90,469

Amounts advanced

-

44,606

Amounts repaid

(40,830

)

(94,245

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

40,830

Other debtors includes an amount of £NIL (2024:£40830 ) due from the director A E Ratcliffe and Mrs L Ratcliffe on their joint loan account,which is repayable on demand.Interest on the loan of £NIL (2024:£1460) was charged by the Company during the year..

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £3,275 (2024 - £45,235) were paid to the director .

9.	ULTIMATE CONTROLLING PARTY

The director Mr A E Ratcliffe and his spouse Mrs L Ratcliffe are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.