Silverfin false false 31/08/2025 01/09/2024 31/08/2025 R J Hanlon 05/04/2022 J R Middleton 19/10/2021 D M Russel 05/04/2022 03 February 2026 The principal activity of the Company during the financial year was providing pre-primary education. 13689778 2025-08-31 13689778 bus:Director1 2025-08-31 13689778 bus:Director2 2025-08-31 13689778 bus:Director3 2025-08-31 13689778 2024-08-31 13689778 core:CurrentFinancialInstruments 2025-08-31 13689778 core:CurrentFinancialInstruments 2024-08-31 13689778 core:Non-currentFinancialInstruments 2025-08-31 13689778 core:Non-currentFinancialInstruments 2024-08-31 13689778 core:ShareCapital 2025-08-31 13689778 core:ShareCapital 2024-08-31 13689778 core:RetainedEarningsAccumulatedLosses 2025-08-31 13689778 core:RetainedEarningsAccumulatedLosses 2024-08-31 13689778 core:LandBuildings 2024-08-31 13689778 core:Vehicles 2024-08-31 13689778 core:FurnitureFittings 2024-08-31 13689778 core:ComputerEquipment 2024-08-31 13689778 core:LandBuildings 2025-08-31 13689778 core:Vehicles 2025-08-31 13689778 core:FurnitureFittings 2025-08-31 13689778 core:ComputerEquipment 2025-08-31 13689778 core:WithinOneYear 2025-08-31 13689778 core:WithinOneYear 2024-08-31 13689778 core:BetweenOneFiveYears 2025-08-31 13689778 core:BetweenOneFiveYears 2024-08-31 13689778 core:MoreThanFiveYears 2025-08-31 13689778 core:MoreThanFiveYears 2024-08-31 13689778 2024-09-01 2025-08-31 13689778 bus:FilletedAccounts 2024-09-01 2025-08-31 13689778 bus:SmallEntities 2024-09-01 2025-08-31 13689778 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 13689778 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 13689778 bus:Director1 2024-09-01 2025-08-31 13689778 bus:Director2 2024-09-01 2025-08-31 13689778 bus:Director3 2024-09-01 2025-08-31 13689778 core:Vehicles core:TopRangeValue 2024-09-01 2025-08-31 13689778 core:FurnitureFittings 2024-09-01 2025-08-31 13689778 core:ComputerEquipment 2024-09-01 2025-08-31 13689778 2023-09-01 2024-08-31 13689778 core:LandBuildings 2024-09-01 2025-08-31 13689778 core:Vehicles 2024-09-01 2025-08-31 13689778 core:CurrentFinancialInstruments 2024-09-01 2025-08-31 13689778 core:Non-currentFinancialInstruments 2024-09-01 2025-08-31 iso4217:GBP xbrli:pure

Company No: 13689778 (England and Wales)

# DEVON NURSERIES LIMITED

### Unaudited Financial Statements
For the financial year ended 31 August 2025
Pages for filing with the registrar

DEVON NURSERIES LIMITED

## Unaudited Financial Statements

For the financial year ended 31 August 2025

Contents

DEVON NURSERIES LIMITED

## COMPANY INFORMATION

For the financial year ended 31 August 2025
DEVON NURSERIES LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 August 2025

DIRECTORS | R J Hanlon
| J R Middleton
| D M Russel

REGISTERED OFFICE | St Peter’S Preparatory School
| Harefield
| Lympstone
| EX8 5AU
| United Kingdom

COMPANY NUMBER | 13689778 (England and Wales)

CHARTERED ACCOUNTANTS | Albert Goodman LLP
| Goodwood House
| Blackbrook Park Avenue
| Taunton
| Somerset
| TA1 2PX

DEVON NURSERIES LIMITED

## BALANCE SHEET

As at 31 August 2025
DEVON NURSERIES LIMITED

## BALANCE SHEET (continued)

As at 31 August 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 423,264 |  | 322,512
|  | 423,264 |  | 322,512
Current assets |  |  |  |
Debtors | 4 | 89,772 |  | 94,295
Investments |  | 102 |  | 2
Cash at bank and in hand |  | 755 |  | 12,645
|  | 90,629 |  | 106,942
Creditors: amounts falling due within one year | 5 | ( 329,263) |  | ( 240,448)
Net current liabilities |  | (238,634) |  | (133,506)
Total assets less current liabilities |  | 184,630 |  | 189,006
Creditors: amounts falling due after more than one year | 6 | ( 13,204) |  | ( 22,006)
Net assets |  | 171,426 |  | 167,000
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Profit and loss account |  | 171,326 |  | 166,900
Total shareholders' funds |  | 171,426 |  | 167,000

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

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year 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 Profit and Loss Account has not been delivered.

The financial statements of Devon Nurseries Limited (registered number: 13689778) were approved and authorised for issue by the Board of Directors on 03 February 2026. They were signed on its behalf by:

J R Middleton Director |

DEVON NURSERIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2025
DEVON NURSERIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2025

##### 1. Accounting policies

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

##### General information and basis of accounting

Devon Nurseries 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 St Peter’S Preparatory School, Harefield, Lympstone, EX8 5AU, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due 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.

##### Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### 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. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. 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 or reducing balance basis over its expected useful life, as follows:

Land and buildings | depreciated over the life of the lease
Vehicles | 4 years straight line
Fixtures and fittings | 20 % reducing balance
Computer equipment | 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.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

##### 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.

##### Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in other operating income over the period in which the related costs are recognised, and timing differences are presented as other debtors or deferred income within the balance sheet. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 99 |  | 93

#### 3. Tangible assets

| Land and buildings |  | Vehicles |  | Fixtures and fittings |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |
At 01 September 2024 | 192,003 |  | 39,612 |  | 124,062 |  | 13,358 |  | 369,035
Additions | 144,561 |  | 0 |  | 12,158 |  | 14,952 |  | 171,671
At 31 August 2025 | 336,564 |  | 39,612 |  | 136,220 |  | 28,310 |  | 540,706
Accumulated depreciation |  |  |  |  |  |  |  |  |
At 01 September 2024 | 10,229 |  | 5,777 |  | 28,108 |  | 2,409 |  | 46,523
Charge for the financial year | 39,127 |  | 9,903 |  | 17,629 |  | 4,260 |  | 70,919
At 31 August 2025 | 49,356 |  | 15,680 |  | 45,737 |  | 6,669 |  | 117,442
Net book value |  |  |  |  |  |  |  |  |
At 31 August 2025 | 287,208 |  | 23,932 |  | 90,483 |  | 21,641 |  | 423,264
At 31 August 2024 | 181,774 |  | 33,835 |  | 95,954 |  | 10,949 |  | 322,512

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 8,887 |  | 9,998
Amounts owed by Group undertakings | 50,000 |  | 0
Other debtors | 30,885 |  | 84,297
| 89,772 |  | 94,295

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank overdrafts | 15,381 |  | 0
Trade creditors | 28,767 |  | 6,627
Amounts owed to Group undertakings | 71,337 |  | 100,013
Taxation and social security | 130,611 |  | 56,392
Other creditors | 83,167 |  | 77,416
| 329,263 |  | 240,448

Other creditors are secured against the asset to which they relate.

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Other creditors | 13,204 |  | 22,006

Other creditors are secured against the asset to which they relate.

#### 7. Financial commitments

Commitments

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

| 2025 |  | 2024
| £ |  | £
within one year | 241,380 |  | 241,380
between one and five years | 634,190 |  | 738,570
after five years | 458,000 |  | 595,000
Total future minimum lease payments under non-cancellable operating leases | 1,333,570 |  | 1,574,950

The company has a non-cancellable operating lease in respect of land and buildings.