Adams Nursery Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09378396 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Adams Nursery Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D F Adams

Mrs E Adams

D Adams

Miss I A Adams

S C Adams

REGISTERED OFFICE:

Selby View

Selby Road

Camblesforth

Selby

North Yorkshire

YO8 8HR

REGISTERED NUMBER:

09378396 (England and Wales)

ACCOUNTANTS:

SW Accountants & Business Advisors

73 Duke Street

Darlington

Co. Durham

DL3 7SD

FIXED ASSETS

Tangible assets

4

100,992

124,617

CURRENT ASSETS

Debtors

5

728,820

586,025

Cash at bank

52,109

76,029

780,929

662,054

CREDITORS

Amounts falling due within one year

6

217,034

220,489

NET CURRENT ASSETS

563,895

441,565

TOTAL ASSETS LESS CURRENT
LIABILITIES

664,887

566,182

CREDITORS

Amounts falling due after more than one year

7

(78,718

)

(38,304

)

PROVISIONS FOR LIABILITIES

(25,248

)

(31,154

)

NET ASSETS

560,921

496,724

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

560,821

496,624

560,921

496,724

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

D F Adams - Director

1.	STATUTORY INFORMATION

Adams Nursery 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.

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.

Equipment, fixtures & fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Equipment,

fixtures

Motor

Computer

& fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

153,628

127,049

5,573

286,250

Additions

-

5,900

1,162

7,062

At 31 March 2025

153,628

132,949

6,735

293,312

DEPRECIATION

At 1 April 2024

103,567

53,949

4,117

161,633

Charge for year

10,012

19,627

1,048

30,687

At 31 March 2025

113,579

73,576

5,165

192,320

NET BOOK VALUE

At 31 March 2025

40,049

59,373

1,570

100,992

At 31 March 2024

50,061

73,100

1,456

124,617

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

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

42,482

DEPRECIATION

At 1 April 2024

9,293

Charge for year

8,297

At 31 March 2025

17,590

NET BOOK VALUE

At 31 March 2025

24,892

At 31 March 2024

33,189

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

24,012

60,094

Other debtors

628,872

463,700

Directors' current accounts

75,197

60,269

Tax

36

1,301

Prepayments

703

661

728,820

586,025

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

16,865

10,000

Hire purchase contracts

5,254

Trade creditors

3,842

14,484

Tax

160,036

152,018

VAT

29,088

36,828

Other creditors

99

55

Accrued expenses

1,850

217,034

220,489

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans - 1-2 years

8,532

10,000

Bank loans - 2-5 years

23,196

1,667

Bank loans more 5 yr by instal

25,607

-

Hire purchase contracts

21,383

26,637

78,718

38,304

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

25,607

-

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

D F Adams

Balance outstanding at start of year

20,269

9,685

Amounts advanced

35,197

20,269

Amounts repaid

(20,269

)

(9,685

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

35,197

20,269

Mrs E Adams

Balance outstanding at start of year

10,000

Amounts advanced

10,000

Amounts repaid

(10,000

)

(10,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

10,000

D Adams

Balance outstanding at start of year

10,000

Amounts advanced

10,000

Amounts repaid

(10,000

)

(10,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

10,000

Miss I A Adams

Balance outstanding at start of year

10,000

Amounts advanced

10,000

Amounts repaid

(10,000

)

(10,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

10,000

S C Adams

Balance outstanding at start of year

10,000

Amounts advanced

10,000

Amounts repaid

(10,000

)

(10,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

10,000

Director, D F Adams has made a repayment to his Directors Loan Account of £35,500 on 1 December 2025.