REGISTERED NUMBER: 07062224 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

The Sussex Colourful Garden Company Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P D Hawkins

Mrs C A Hawkins

REGISTERED OFFICE:

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

REGISTERED NUMBER:

07062224 (England and Wales)

ACCOUNTANTS:

Ward Mackenzie Ltd

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

FIXED ASSETS

Tangible assets

4

4,461

5,948

CURRENT ASSETS

Stocks

5

2,157

2,699

Debtors

6

1,191

2,205

Cash at bank

1,045

942

4,393

5,846

CREDITORS

Amounts falling due within one year

7

(4,683

)

(8,158

)

NET CURRENT LIABILITIES

(290

)

(2,312

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,171

3,636

CREDITORS

Amounts falling due after more than one year

8

(3,867

)

(3,344

)

NET ASSETS

304

292

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9

204

192

SHAREHOLDERS' FUNDS

304

292

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 18 December 2025 and were signed on its behalf by:

Mrs C A Hawkins - Director

1.	STATUTORY INFORMATION

The Sussex Colourful Garden Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The principal activity of the company in the year under review was that of the supply of gift products.

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 represents net invoiced sales of goods, excluding value added tax.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

STOCKS

Stocks are valued at the lower of cost and net realizable value, after making due allowance for obsolete and slow moving items.

DEFERRED TAX

Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date which are considered immaterial.

GOVERNMENT GRANTS

Government grants are recognised at fair value when there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Grants receivable during the year under the Business Support Scheme are included in the accounts under the head Government Grant.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

14,794

422

666

15,882

DEPRECIATION

At 1 April 2024

8,846

422

666

9,934

Charge for year

1,487

-

-

1,487

At 31 March 2025

10,333

422

666

11,421

NET BOOK VALUE

At 31 March 2025

4,461

-

-

4,461

At 31 March 2024

5,948

-

-

5,948

5.

STOCKS

2025

2024

£

£

Stocks

2,157

2,699

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

86

-

Directors' current accounts

1,105

2,205

1,191

2,205

The directors consider the carrying value of trade and other receivables approximate to their fair values.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,556

2,363

Corporation tax

891

2,663

Other creditors

-

786

Accrued expenses

1,236

2,346

4,683

8,158

The directors consider the carrying amounts of current liabilities approximate to their fair values.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

3,867

3,344

9.

RESERVES

Retained

earnings

£

At 1 April 2024

192

Profit for the year

2,312

Dividends

(2,300

)

At 31 March 2025

204

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

P D Hawkins

Balance outstanding at start of year

1,102

(685

)

Amounts advanced

3,968

12,036

Amounts repaid

(4,518

)

(10,249

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

552

1,102

Mrs C A Hawkins

Balance outstanding at start of year

1,102

(685

)

Amounts advanced

11,084

17,960

Amounts repaid

(11,634

)

(16,173

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

552

1,102

Director's loan will be repaid within 9 months from year end.

11.	RELATED PARTY DISCLOSURES

During the year, total dividend of £2,300 (2024 - £10,200) were paid to the directors.