Registration number: 00976176

V.R.Flowers & Son Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 11

V.R.Flowers & Son Limited

Company Information

Directors

Mr M V Flowers Mr Alan V Flowers

Company secretary

Mr Alan V Flowers

Registered office

1-3 Station Approach Seaford East Sussex BN25 2AS

Accountants

Shoreline Accountants Ltd 25 Clinton Place Seaford East Sussex BN25 1NP

V.R.Flowers & Son Limited

(Registration number: 00976176)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	898,021	345,309
Current assets
Stocks	5	85,457	96,808
Debtors	6	86,223	98,344
Cash at bank and in hand		25,522	45,101
		197,202	240,253
Creditors: Amounts falling due within one year	7	(311,666)	(297,303)
Net current liabilities		(114,464)	(57,050)
Total assets less current liabilities		783,557	288,259
Creditors: Amounts falling due after more than one year	7	(12,236)	(22,439)
Net assets		771,321	265,820
Capital and reserves
Called up share capital	8	100	100
Revaluation reserve		550,000	-
Retained earnings		221,221	265,720
Shareholders' funds		771,321	265,820

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 December 2025 and signed on its behalf by:
 

V.R.Flowers & Son Limited

(Registration number: 00976176)
Balance Sheet as at 31 March 2025

......................................... Mr M V Flowers Director

......................................... Mr Alan V Flowers Company secretary and director

V.R.Flowers & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1-3 Station Approach
Seaford
East Sussex
BN25 2AS

These financial statements were authorised for issue by the Board on 5 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

V.R.Flowers & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	15% on a reducing balance
Motor vehicles	25% on a reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

V.R.Flowers & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

V.R.Flowers & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	657,730	72,830	82,815	813,375
Revaluations	550,000	-	-	550,000
Additions	-	2,019	6,000	8,019
At 31 March 2025	1,207,730	74,849	88,815	1,371,394
Depreciation
At 1 April 2024	331,638	60,885	75,775	468,298
Charge for the year	-	1,815	3,260	5,075
At 31 March 2025	331,638	62,700	79,035	473,373
Carrying amount
At 31 March 2025	876,092	12,149	9,780	898,021
At 31 March 2024	326,092	12,177	7,040	345,309

Included within the net book value of land and buildings above is £876,091 (2024 - £326,091) in respect of freehold land and buildings.
 

5

Stocks

	2025 £	2024 £
Other inventories	85,457	96,808

6

Debtors

Current	2025 £	2024 £
Trade debtors	26,562	29,071
Prepayments	746	843
Other debtors	58,915	68,430
	86,223	98,344

V.R.Flowers & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	10	8,354	-
Trade creditors		154,126	151,310
Taxation and social security		46,047	50,973
Accruals and deferred income		13,846	13,442
Other creditors		89,293	81,578
		311,666	297,303

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	12,236	22,439

8	Share capital

9

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on property, plant and equipment revaluation	550,000	550,000

V.R.Flowers & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

10	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	12,236	22,439

Current loans and borrowings

	2025 £	2024 £
Bank overdrafts	8,354	-

11

Dividends

		2025		2024
		£		£
Interim dividend of £626.72 (2024 - £755.48) per ordinary share		71,952		75,548

12	Related party transactions

V.R.Flowers & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	50,910	50,910

Dividends paid to directors

	2025 £	2024 £
Mr M V Flowers
	29,769	32,209
	-	-
	29,769	32,209

13	Controlling Party

The ultimate controlling party is Mr M V Flowers.