REGISTERED NUMBER: SC485188 (Scotland)

Financial Statements for the Year Ended 31 August 2025

for

Tower House Nursery Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Shahida Allauddin

Asif Allauddin

Alia Jan

REGISTERED OFFICE:

1 Garngaber Avenue

Lenzie

Glasgow

G66 4LJ

REGISTERED NUMBER:

SC485188 (Scotland)

ACCOUNTANTS:

NKA Chartered Certified Accountants

4 Lynedoch Place

Glasgow

G3 6AB

FIXED ASSETS

Tangible assets

4

168,785

191,131

CURRENT ASSETS

Debtors

5

40,054

36,310

CREDITORS

Amounts falling due within one year

6

129,096

76,308

NET CURRENT LIABILITIES

(89,042

)

(39,998

)

TOTAL ASSETS LESS CURRENT LIABILITIES

79,743

151,133

CREDITORS

Amounts falling due after more than one year

7

61,242

99,717

NET ASSETS

18,501

51,416

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

18,401

51,316

SHAREHOLDERS' FUNDS

18,501

51,416

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 28 May 2026 and were signed on its behalf by:

Asif Allauddin - Director

1.	STATUTORY INFORMATION

Tower House Nursery Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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 35 (2024 - 33 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 September 2024

11,476

426,847

11,586

449,909

Additions

1,835

4,483

2,035

8,353

At 31 August 2025

13,311

431,330

13,621

458,262

DEPRECIATION

At 1 September 2024

10,353

239,609

8,816

258,778

Charge for year

740

28,758

1,201

30,699

At 31 August 2025

11,093

268,367

10,017

289,477

NET BOOK VALUE

At 31 August 2025

2,218

162,963

3,604

168,785

At 31 August 2024

1,123

187,238

2,770

191,131

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

11,940

32,199

Other debtors

7,007

4,111

Directors' current accounts

21,107

-

40,054

36,310

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

53,217

8,750

Tax

32,324

40,381

Social security and other taxes

8,664

17,548

Other creditors

29,736

3,287

Credit Card

5,155

5,155

Directors' current accounts

-

1,187

129,096

76,308

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank Loan 1

31,309

44,636

Bank Loan 2

16,636

-

Bank Loan 3

13,297

41,331

Business Support Loan

-

13,750

61,242

99,717

8.

RESERVES

Retained

earnings

£

At 1 September 2024

51,316

Profit for the year

93,945

Dividends

(126,860

)

At 31 August 2025

18,401

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

Asif Allauddin

Balance outstanding at start of year

(1,187

)

33,813

Amounts repaid

(19,920

)

(35,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(21,107

)

(1,187

)

All the directors loan was repaid on 30/04/2023 within the nine months period from the year end.