REGISTERED NUMBER: 07391960 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Owl Lane Farm Nurseries Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Marsden

N Fincher

REGISTERED OFFICE:

118 Owl Lane

Ossett

West Yorkshire

WF5 9AU

REGISTERED NUMBER:

07391960 (England and Wales)

ACCOUNTANTS:

KJA Kilner Johnson Ltd

Woodland House

Woodland Park

Bradford Road

Cleckheaton

BD19 6BW

FIXED ASSETS

Intangible assets

4

25,000

30,000

Tangible assets

5

229,923

265,586

254,923

295,586

CURRENT ASSETS

Stocks

460,194

401,568

Debtors

6

21,205

16,608

Cash at bank and in hand

282,646

257,862

764,045

676,038

CREDITORS

Amounts falling due within one year

7

110,798

167,708

NET CURRENT ASSETS

653,247

508,330

TOTAL ASSETS LESS CURRENT LIABILITIES

908,170

803,916

PROVISIONS FOR LIABILITIES

57,479

60,799

NET ASSETS

850,691

743,117

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

850,591

743,017

850,691

743,117

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2026 and were signed on its behalf by:

G Marsden - Director

1.	STATUTORY INFORMATION

Owl Lane Farm Nurseries Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

4% straight line

Plant and machinery

-

15% reducing balance

Fixtures and fittings

-

15% reducing balance

Motor vehicles

-

25% reducing balance

Government grant income accounting policy

Government grants are recognised when there is reasonable assurance that the company will comply with the conditions attaching to the grant and that the grant will be received.

Grants relating to revenue expenditure are recognised in profit or loss on a systematic basis over the periods in which the company recognises the related costs for which the grants are intended to compensate.

Grants relating to assets are recognised as deferred income and released to profit or loss over the expected useful lives of the related assets.

Grant income is included within other operating income in the profit and loss account.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

100,000

AMORTISATION

At 1 September 2024

70,000

Charge for year

5,000

At 31 August 2025

75,000

NET BOOK VALUE

At 31 August 2025

25,000

At 31 August 2024

30,000

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 September 2024

38,243

407,473

49,821

59,300

554,837

Additions

-

5,875

-

-

5,875

At 31 August 2025

38,243

413,348

49,821

59,300

560,712

DEPRECIATION

At 1 September 2024

15,859

218,114

29,049

26,229

289,251

Charge for year

1,530

28,624

3,116

8,268

41,538

At 31 August 2025

17,389

246,738

32,165

34,497

330,789

NET BOOK VALUE

At 31 August 2025

20,854

166,610

17,656

24,803

229,923

At 31 August 2024

22,384

189,359

20,772

33,071

265,586

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,903

415

Other debtors

19,302

16,193

21,205

16,608

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

11,870

37,863

Taxation and social security

82,512

44,182

Other creditors

16,416

85,663

110,798

167,708