Company No: 10706926 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		30.11.2023
		£		£
Fixed assets
Intangible assets	3	7,199		10,799
Tangible assets	4	168,703		184,899
		175,902		195,698
Current assets
Stocks		87,246		73,646
Debtors	5	9,933		5,979
Cash at bank and in hand		17,205		15,074
		114,384		94,699
Creditors: amounts falling due within one year	6	( 298,619)		( 259,972)
Net current liabilities		(184,235)		(165,273)
Total assets less current liabilities		(8,333)		30,425
Net (liabilities)/assets		( 8,333)		30,425
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		( 8,433 )		30,325
Total shareholder's (deficit)/funds		( 8,333)		30,425

For the financial period ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Whitehill Garden Centre Limited (registered number: 10706926) were approved and authorised for issue by the Board of Directors on 29 December 2025. They were signed on its behalf by:

Mr T J Jeavons Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Whitehill Garden Centre Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £8,333. The Company is supported through loans from the Parent Company. The directors have received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the Company. After making enquiries, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The financial statements cover a period of 16 months from 1 December 2023 to 31 March 2025. The comparative figures are for the 12-month period ended 30 November 2023. The extension of the accounting period was made to align the company’s financial year-end with the parent company.

Prior period adjustment

The prior year adjustment was to disclosure depreciation and amortisation separately.
This was a £2,700 reduction in depreciation and an increase of £2,700 in the admin expenses amortisation .

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when the value of goods and services provided to date can be reliably measured.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line/ reducing balance basis over its expected useful life, as follows:

Leasehold improvements	15 years straight line
Plant and machinery	25 % reducing balance
Fixtures and fittings	20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stock are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell, the impairment loss is recognised immediately in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	Period from 01.12.2023 to 31.03.2025		Year ended 30.11.2023
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	11		11

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 December 2023	26,999		26,999
At 31 March 2025	26,999		26,999
Accumulated amortisation
At 01 December 2023	16,200		16,200
Charge for the financial period	3,600		3,600
At 31 March 2025	19,800		19,800
Net book value
At 31 March 2025	7,199		7,199
At 30 November 2023	10,799		10,799

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 December 2023	208,169		26,053		29,601		263,823
At 31 March 2025	208,169		26,053		29,601		263,823
Accumulated depreciation
At 01 December 2023	40,731		19,475		18,718		78,924
Charge for the financial period	11,101		2,193		2,902		16,196
At 31 March 2025	51,832		21,668		21,620		95,120
Net book value
At 31 March 2025	156,337		4,385		7,981		168,703
At 30 November 2023	167,438		6,578		10,883		184,899

5. Debtors

	31.03.2025		30.11.2023
	£		£
Trade debtors	517		0
VAT recoverable	371		0
Other debtors	9,045		5,979
	9,933		5,979

6. Creditors: amounts falling due within one year

	31.03.2025		30.11.2023
	£		£
Trade creditors	30,794		7,604
Amounts owed to related parties	256,015		239,914
Accruals	7,344		3,250
Other taxation and social security	2,460		7,470
Other creditors	2,006		1,734
	298,619		259,972

7. Called-up share capital

	31.03.2025		30.11.2023
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	31.03.2025		30.11.2023
	£		£
within one year	8,500		8,500
between one and five years	17,000		25,500
Total future minimum lease payments under non-cancellable operating leases	25,500		34,000

9. Ultimate controlling party

Parent Company:

Jeavons & Butler Limited

Registered in England & Wales