REGISTERED NUMBER: 04791378 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GARDENS BY KELTIE & CLARK LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

S Clark

C J Keltie

SECRETARY:

C J Keltie

REGISTERED OFFICE:

Long Acre

Elmstone Hardwicke

Cheltenham

Gloucestershire

GL51 9TG

REGISTERED NUMBER:

04791378 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

4th Floor

St James House

St James Square

Cheltenham

Gloucestershire

GL50 3PR

FIXED ASSETS

Intangible assets

4

9,700

14,550

Tangible assets

5

65,368

68,540

75,068

83,090

CURRENT ASSETS

Stocks

64,771

80,462

Debtors

6

44,601

17,274

Cash at bank

199

92

109,571

97,828

CREDITORS

Amounts falling due within one year

7

127,985

105,018

NET CURRENT LIABILITIES

(18,414

)

(7,190

)

TOTAL ASSETS LESS CURRENT LIABILITIES

56,654

75,900

CREDITORS

Amounts falling due after more than one year

8

45,878

59,778

NET ASSETS

10,776

16,122

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10,676

16,022

SHAREHOLDERS' FUNDS

10,776

16,122

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

S Clark - Director

1.	STATUTORY INFORMATION

Gardens by Keltie & Clark 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

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

Other 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.

Website is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

20% on reducing balance

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 Statement of Comprehensive Income, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Website

£

Cost

At 1 April 2024

and 31 March 2025

24,250

Amortisation

At 1 April 2024

9,700

Amortisation for year

4,850

At 31 March 2025

14,550

Net book value

At 31 March 2025

9,700

At 31 March 2024

14,550

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

117,719

70,683

5,618

194,020

Additions

1,155

9,450

-

10,605

At 31 March 2025

118,874

80,133

5,618

204,625

Depreciation

At 1 April 2024

68,369

53,157

3,954

125,480

Charge for year

7,576

5,868

333

13,777

At 31 March 2025

75,945

59,025

4,287

139,257

Net book value

At 31 March 2025

42,929

21,108

1,331

65,368

At 31 March 2024

49,350

17,526

1,664

68,540

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

Cost

At 1 April 2024

and 31 March 2025

33,500

13,995

47,495

Depreciation

At 1 April 2024

6,700

2,799

9,499

Charge for year

4,020

2,239

6,259

At 31 March 2025

10,720

5,038

15,758

Net book value

At 31 March 2025

22,780

8,957

31,737

At 31 March 2024

26,800

11,196

37,996

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

39,705

13,013

Other debtors

4,896

4,261

44,601

17,274

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

24,669

21,988

Hire purchase contracts

8,071

7,283

Trade creditors

27,262

55,194

Taxation and social security

7,138

9,611

Other creditors

60,845

10,942

127,985

105,018

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

23,208

28,946

Hire purchase contracts

22,670

30,832

45,878

59,778