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Registered number: 04473925
Country Garden Patio Centre Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Passman Leonard Associates Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04473925
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 10,379 15,568
Tangible Assets 5 37,028 54,994
47,407 70,562
CURRENT ASSETS
Stocks 6 99,732 192,228
Debtors 7 96,993 106,833
Cash at bank and in hand 5,717 3,535
202,442 302,596
Creditors: Amounts Falling Due Within One Year 8 (99,473 ) (188,653 )
NET CURRENT ASSETS (LIABILITIES) 102,969 113,943
TOTAL ASSETS LESS CURRENT LIABILITIES 150,376 184,505
Creditors: Amounts Falling Due After More Than One Year 9 (1,608 ) (19,950 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,258 ) (13,750 )
NET ASSETS 139,510 150,805
CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Share premium account 45,000 45,000
Profit and Loss Account 93,510 104,805
SHAREHOLDERS' FUNDS 139,510 150,805
Page 1
Page 2
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr N Manchanda
Director
20 December 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Country Garden Patio Centre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04473925 . The registered office is 2 Barnfield Crescent, Exeter, EX1 1QT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Over the period of the lease
Leasehold Over the period of the lease
Plant & Machinery 25% on Reducing Balance
Motor Vehicles 25% on Reducing Balance
Computer Equipment 25% on Reducing Balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 6)
4 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 51,891
As at 31 March 2025 51,891
Amortisation
As at 1 April 2024 36,323
Provided during the period 5,189
As at 31 March 2025 41,512
Net Book Value
As at 31 March 2025 10,379
As at 1 April 2024 15,568
5. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 April 2024 5,427 5,356 26,118 110,165
Disposals - - - (9,995 )
As at 31 March 2025 5,427 5,356 26,118 100,170
Depreciation
As at 1 April 2024 5,427 5,356 21,240 61,582
...CONTINUED
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Page 5
Provided during the period - - 1,220 10,740
Disposals - - - (4,373 )
As at 31 March 2025 5,427 5,356 22,460 67,949
Net Book Value
As at 31 March 2025 - - 3,658 32,221
As at 1 April 2024 - - 4,878 48,583
Computer Equipment Total
£ £
Cost
As at 1 April 2024 3,562 150,628
Disposals - (9,995 )
As at 31 March 2025 3,562 140,633
Depreciation
As at 1 April 2024 2,029 95,634
Provided during the period 384 12,344
Disposals - (4,373 )
As at 31 March 2025 2,413 103,605
Net Book Value
As at 31 March 2025 1,149 37,028
As at 1 April 2024 1,533 54,994
6. Stocks
2025 2024
£ £
Stock 99,732 192,228
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 61,866 81,363
Other debtors 35,127 25,470
96,993 106,833
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 18,329 17,613
Trade creditors 21,499 30,708
Amounts owed to participating interests 49,776 104,500
Other creditors 4,034 22,350
Taxation and social security 5,835 13,482
99,473 188,653
Included in amounts owed to participating interest is an amount of £48,072 (2024 - £98,524) owed to the parent company DNS Global Limited. £1,340 (2024 - £5,641) and £362 (2024 - £362) is owed to Paving Traders Ltd and DNS Resources Limited respectively. Both are associated companies in which Miss M Dhingra is a director and shareholder.  
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 1,608 19,950
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 18,329 17,613
Later than one year and not later than five years 1,608 19,950
19,937 37,563
19,937 37,563
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
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