Oxfordshire Nurseries Ltd - Filleted accounts

Registered number

05073270

Oxfordshire Nurseries Ltd

Filleted Accounts

31 March 2025

Oxfordshire Nurseries Ltd
Registered number:		05073270
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		-			443,111
			-			443,111

Current assets
Debtors	4	76,436			1,588
Cash at bank and in hand		746,560			638,521
		822,996			640,109

Creditors: amounts falling due within one year	5	(822,956)			(674,015)

Net current assets/(liabilities)			40			(33,906)

Total assets less current liabilities			40			409,205

Creditors: amounts falling due after more than one year	6		-			(74,229)

Net assets			40			334,976

Capital and reserves
Called up share capital			40			40
Profit and loss account			-			334,936

Shareholders' funds			40			334,976

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D Harrison
Director
Approved by the board on 20 August 2025

Oxfordshire Nurseries Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold improvements			various %'s straight line
	Plant and machinery			10% straight line

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Goverment Grants
	Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					124		117

3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	1,035,898		-		-		1,035,898
	Additions	-		-		-		-
	Surplus on revaluation	-		-		-		-
	Disposals	-		-		-		-
	At 31 March 2025	1,035,898		-		-		1,035,898

	Depreciation
	At 1 April 2024	592,787		-		-		592,787
	Charge for the year	443,111		-		-		443,111
	Surplus on revaluation	-		-		-		-
	On disposals	-		-		-		-
	At 31 March 2025	1,035,898		-		-		1,035,898

	Net book value
	At 31 March 2025	-		-		-		-
	At 31 March 2024	443,111		-		-		443,111

4	Debtors					2025		2024
£							£

	Trade debtors					36,123		1,588
	Other debtors					40,313		-
						76,436		1,588

5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					452,564		445,415
	Taxation and social security costs					370,392		228,600
						822,956		674,015


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		34,722
	Other creditors					-		39,507
						-		74,229