1 August 2024 false No description of principal activity Taxfiler 2024.6 13390500business:PrivateLimitedCompanyLtd2024-08-012025-07-31 133905002024-07-31 133905002024-08-012025-07-31 13390500business:AuditExemptWithAccountantsReport2024-08-012025-07-31 13390500business:FilletedAccounts2024-08-012025-07-31 133905002025-07-31 13390500business:Director12024-08-012025-07-31 13390500business:Director22024-08-012025-07-31 13390500business:RegisteredOffice2024-08-012025-07-31 133905002024-07-31 13390500core:WithinOneYear2025-07-31 13390500core:WithinOneYear2024-07-31 13390500core:ShareCapitalcore:PreviouslyStatedAmount2025-07-31 13390500core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 13390500core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-07-31 13390500core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 13390500core:PreviouslyStatedAmount2025-07-31 13390500core:PreviouslyStatedAmount2024-07-31 13390500business:SmallEntities2024-08-012025-07-31 13390500countries:EnglandWales2024-08-012025-07-31 13390500core:FurnitureFittings2024-08-012025-07-31 13390500core:Goodwill2024-07-31 13390500core:Goodwill2025-07-31 13390500core:Goodwill2024-08-012025-07-31 13390500core:FurnitureFittings2024-07-31 13390500core:ComputerEquipment2024-07-31 13390500core:FurnitureFittings2025-07-31 13390500core:ComputerEquipment2025-07-31 13390500core:ComputerEquipment2024-08-012025-07-31 13390500business:Director112024-08-012025-07-31 13390500business:Director112024-07-31 13390500business:Director112025-07-31 133905002023-08-012024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 13390500 (England and Wales)
Discovery Nurseries Ltd Unaudited accounts for the year ended 31 July 2025
Discovery Nurseries Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Discovery Nurseries Ltd Company Information for the year ended 31 July 2025
Directors
Oladipupo Sotinwa Funmilayo Sotinwa
Company Number
13390500 (England and Wales)
Registered Office
C/O Power Accountax Ltd, Mailbox 3 Solent Business Centre 343 Millbrook Road West Southampton SO15 0HW
Accountants
Power Accountax Limited Mailbox 3, Solent Business Centre 343 Millbrook Road West Southampton SO15 0HW
- 3 -
Discovery Nurseries Ltd Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
100,800 
117,600 
Tangible assets
5
28,057 
37,409 
128,857 
155,009 
Current assets
Debtors
6
203,000 
103,000 
Cash at bank and in hand
96,603 
131,133 
299,603 
234,133 
Creditors: amounts falling due within one year
7
(424,451)
(378,324)
Net current liabilities
(124,848)
(144,191)
Net assets
4,009 
10,818 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
3,009 
9,818 
Shareholders' funds
4,009 
10,818 
For the year ending 31 July 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 13 April 2026 and were signed on its behalf by
Oladipupo Sotinwa Director Company Registration No. 13390500
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Discovery Nurseries Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Discovery Nurseries Ltd is a private company, limited by shares, registered in England and Wales, registration number 13390500. The registered office is C/O Power Accountax Ltd, Mailbox 3, Solent Business Centre, 343 Millbrook Road West, Southampton, SO15 0HW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25% WDV
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2024
168,000 
At 31 July 2025
168,000 
Amortisation
At 1 August 2024
50,400 
Charge for the year
16,800 
At 31 July 2025
67,200 
Net book value
At 31 July 2025
100,800 
At 31 July 2024
117,600 
- 5 -
Discovery Nurseries Ltd Notes to the Accounts for the year ended 31 July 2025
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2024
82,000 
4,191 
86,191 
At 31 July 2025
82,000 
4,191 
86,191 
Depreciation
At 1 August 2024
47,406 
1,376 
48,782 
Charge for the year
8,648 
704 
9,352 
At 31 July 2025
56,054 
2,080 
58,134 
Net book value
At 31 July 2025
25,946 
2,111 
28,057 
At 31 July 2024
34,594 
2,815 
37,409 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
203,000 
103,000 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
47,854 
49,476 
Loans from directors
376,597 
328,848 
424,451 
378,324 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Oladipupo Sotinwa
Oladipupo & Funmilayo Sotinwa
(328,848)
- 
47,748 
(376,596)
(328,848)
- 
47,748 
(376,596)
9
Average number of employees
During the year the average number of employees was 20 (2024: 20).
- 6 -