Company Registration No. 08964507 (England and Wales)
Priesthills Nursery Limited
Unaudited accounts
for the year ended 31 March 2025
Priesthills Nursery Limited
Unaudited accounts
Contents
Priesthills Nursery Limited
Company Information
for the year ended 31 March 2025
Directors
Sarah-Jane Payne
Susan Prosser
Elizabeth Swift
Catherine Walker
Alison Clegg
Company Number
08964507 (England and Wales)
Registered Office
Priesthills Nursery
42 Station Road
Hinckley
Leicestershire
LE10 1AP
England
Accountants
CJK Accountants
4 Marsh Drive
Husbands Bosworth
Lutterworth
Leicestershire
LE17 6PU
Priesthills Nursery Limited
Statement of financial position
as at 31 March 2025
Tangible assets
2,053,178
757,057
Cash at bank and in hand
23,671
199,204
Creditors: amounts falling due within one year
(217,550)
(76,769)
Net current (liabilities)/assets
(182,176)
162,939
Total assets less current liabilities
1,871,002
919,996
Creditors: amounts falling due after more than one year
(1,442,076)
(503,523)
Net assets
428,926
416,473
Called up share capital
100
100
Profit and loss account
428,826
416,373
Shareholders' funds
428,926
416,473
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
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
Sarah-Jane Payne
Director
Company Registration No. 08964507
Priesthills Nursery Limited
Notes to the Accounts
for the year ended 31 March 2025
Priesthills Nursery Limited is a private company, limited by shares, registered in England and Wales, registration number 08964507. The registered office is Priesthills Nursery, 42 Station Road, Hinckley, Leicestershire, LE10 1AP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its
estimated useful life of ten years.
4
Intangible fixed assets
Goodwill
Priesthills Nursery Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
669,216
105,694
42,461
61,407
878,778
Additions
1,260,130
-
-
67,689
1,327,819
At 31 March 2025
1,929,346
105,694
42,461
129,096
2,206,597
At 1 April 2024
-
33,842
30,406
57,473
121,721
Charge for the year
-
10,778
3,014
17,906
31,698
At 31 March 2025
-
44,620
33,420
75,379
153,419
At 31 March 2025
1,929,346
61,074
9,041
53,717
2,053,178
At 31 March 2024
669,216
71,852
12,055
3,934
757,057
Amounts falling due within one year
Accrued income and prepayments
3,243
3,243
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
31,352
12,452
Obligations under finance leases and hire purchase contracts
5,052
2,955
Taxes and social security
117,257
55,224
Other creditors
20,056
13,250
Loans from directors
41,433
(9,512)
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,182,948
279,303
Obligations under finance leases and hire purchase contracts
9,128
-
Other creditors
75,000
175,000
Loans from directors
175,000
49,220
Priesthills Nursery Limited
Notes to the Accounts
for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 66 (2024: 48).