Tendercare Nurseries Limited - Filleted accounts


TENDERCARE NURSERIES LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2025



































Company Registration Number: 02325757

TENDERCARE NURSERIES LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 12

TENDERCARE NURSERIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2025


DIRECTORS

A Halksworth
A M Halksworth


SECRETARY

A M Halksworth


REGISTERED OFFICE

Southlands Road
Denham
Uxbridge
Middlesex
UB9 4HD


COMPANY REGISTRATION NUMBER

02325757 England and Wales

TENDERCARE NURSERIES LIMITED

BALANCE SHEET
AS AT 31 AUGUST 2025


	Notes	2025		2024
		£		£

FIXED ASSETS
Tangible assets	6		702,994		1,201,010
Investments	7		675,000		756,550


			1,377,994		1,957,560

CURRENT ASSETS
Stock		245,302		655,970
Debtors	8	90,427		434,854
Cash at bank and in hand		47,415		1,712


		383,144		1,092,536

CREDITORS: Amounts falling due within one year	9	1,697,923		2,149,816
CREDITORS: Amounts falling due within one year


NET CURRENT LIABILITIES			(1,314,779)		(1,057,280)


TOTAL ASSETS LESS CURRENT LIABILITIES			63,215		900,280

CREDITORS: Amounts falling due after more than one year	10		886		1,314,773
CREDITORS: Amounts falling due after more than one year

Provisions for liabilities and charges			8,577		102,838


NET ASSETS / (LIABILITIES)			53,752		(517,331)


CAPITAL AND RESERVES
Called up share capital			100		100
Distributable profit and loss account			(81,092)		(702,159)
Non distributable profit and loss account			134,744		184,728


SHAREHOLDERS' FUNDS / (DEFICIT)			53,752		(517,331)

TENDERCARE NURSERIES LIMITED

BALANCE SHEET
AS AT 31 AUGUST 2025


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors' Report.


Signed on behalf of the board of directors




A Halksworth						A M Halksworth
Director						Director

Date approved by the board: 28 May 2026

TENDERCARE NURSERIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025


1	GENERAL INFORMATION

	Tendercare Nurseries Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	Southlands Road
	Denham
	Uxbridge
	Middlesex
	UB9 4HD

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Going concern

	The accounts have been drawn up on the going concern basis. The company owes its bank £11,370 in the form of loans, which are repayable in instalments over the term of the loans, the directors £413,520, and £721,291 to The Southlands Partnership (a partnership in which the directors are also partners), which could be required for repayment without notice. The company is therefore dependent upon the continued support of the bank and the directors. The directors do not consider their own support nor the support of the bank likely to be withdrawn.

	If the going concern basis was not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for additional liabilities that might arise and to reclassify fixed assets as current assets.


	Revenue recognition

	Turnover is measured at the fair value of consideration received or receivable. It is recognised in respect of the supply of specimen plants and associated products, as well as services to the landscape industry and garden owners as soon as there is a right to consideration and is determined by reference to the value of the work performed. Turnover is stated net of trade discounts and value added tax.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.

TENDERCARE NURSERIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Intangible fixed assets

	Intangible fixed assets, other than goodwill, are stated at cost less accumulated amortisation and any accumulated impairment losses. It is amortised on a straight-line basis over its useful economic life of 5 years.

	Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. At acquisition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses.

	Goodwill amortisation is charged on a straight line basis so as to write off the cost of the asset, less its residual value assumed to be zero, over its useful economic life, which is estimated to be 9 years.

	If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new expectations.


	Tangible fixed assets

	Fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

	Depreciation has been provided at the following rates so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives.

	Tenants improvements					Straight line basis at 5% per annum
	Plant and machinery					Reducing balance basis at 20% to 25% and straight line basis at 33% per annum
	Motor vehicles					Reducing balance basis at 20% per annum
	Fixtures, fittings and equipment					Reducing balance basis at 20% per annum

	On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses.

	Investment properties

	Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs.

	Subsequently, investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in the profit and loss account in the period in which they arise.

TENDERCARE NURSERIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Financial Instruments

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.

	Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.

	Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

	Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.


	Impairment of non-financial assets

	At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.

	Stocks are assessed for impairment at each reporting date. The carrying amount of each item of stock, or group of similar items, is compared with its selling price less cost to complete and sell. If an item of stock, or group of similar items, is impaired its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in the profit and loss account.

	If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.

TENDERCARE NURSERIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Stock

	Stock has been valued at the lower of cost and estimated selling price less cost to complete and sell, after making due allowance for obsolete and slow-moving items. Cost comprises the cost of goods purchased valued on a first in first out basis.

	The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

	Leases

	Leases are classified as finance leases when they transfer substantially all the risks and rewards of ownership of the leased assets to the company. Other leases that do not transfer substantially all the risks and rewards of ownership of the leased assets to the company are classified as operating leases.

	Payments applicable to operating leases are charged against profit on a straight line basis over the lease term.

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Current and deferred tax assets and liabilities are not discounted.

TENDERCARE NURSERIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Foreign currencies

	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction.

	Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the rate of exchange prevailing at that date. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit or loss.


	Pensions

	The company operates a defined contribution pension scheme. The amount charged to the profit and loss account in respect of pension costs and other post-retirement benefits is the amount payable in the year. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments in the balance sheet.

3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	The directors have made key assumptions in determination of the fair value of an investment property in respect of the state of the property market in the location where the property is situated and in respect of the range of reasonable fair value estimates of the asset.

4	EMPLOYEES

	The average number of persons employed by the company (including directors) during the year was:

		2025	2024
	Average number of employees	28	40

TENDERCARE NURSERIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025


5	INTANGIBLE FIXED ASSETS
					Goodwill	Website	Total
					£	£	£
	Cost
	At 1 September 2024				90,000	9,975	99,975


	At 31 August 2025				90,000	9,975	99,975


	Accumulated amounts written off
	At 1 September 2024				90,000	9,975	99,975


	At 31 August 2025				90,000	9,975	99,975


	Net book value
	At 1 September 2024				-	-	-


	At 31 August 2025				-	-	-


6	TANGIBLE ASSETS
		Tenants improvements		Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£	£
	Cost
	At 1 September 2024		1,604,192	577,482	333,484	105,365	2,620,523

	Additions		6,267	3,141	28,885	-	38,293

	Disposals		(911,464)	-	(10,585)	-	(922,049)


	At 31 August 2025		698,995	580,623	351,784	105,365	1,736,767


	Accumulated depreciation and impairments
	At 1 September 2024		540,598	521,252	268,553	89,110	1,419,513

	Charge for year		70,664	12,986	9,405	3,250	96,305

	Impairment		(482,045)	-	-	-	(482,045)


	At 31 August 2025		129,217	534,238	277,958	92,360	1,033,773


	Net book value
	At 1 September 2024		1,063,594	56,230	64,931	16,255	1,201,010


	At 31 August 2025		569,778	46,385	73,826	13,005	702,994

TENDERCARE NURSERIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025


7	FIXED ASSET INVESTMENTS
			Investment Property
			£
	Cost
	At 1 September 2024		756,550

	Revaluation		(66,645)

	Cost reduction		(14,905)


	At 31 August 2025		675,000



	Net book value
	At 1 September 2024		756,550


	At 31 August 2025		675,000


	In the opinion of the directors, all investment property has been stated at fair value.

8	DEBTORS
		2025	2024
		£	£
	Trade debtors	54,847	46,597
	Prepayments and accrued income	30,965	89,060
	Other debtors	4,615	299,197


		90,427	434,854


9	CREDITORS: Amounts falling due within one year
		2025	2024
		£	£
	Bank loans and overdrafts	10,484	563,292
	Trade creditors	265,810	267,059
	Taxation and social security	105,013	105,194
	Hire purchase contracts and finance leases	5,891	6,716
	Accruals and deferred income	143,349	175,890
	Other creditors	1,167,376	1,031,665


		1,697,923	2,149,816

TENDERCARE NURSERIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025


10	CREDITORS: Amounts falling due after more than one year
		2025	2024
		£	£
	Bank loans and overdrafts	886	354,283
	Hire purchase contracts and finance leases	-	5,890
	Other creditors	-	954,600


		886	1,314,773


11	SECURED DEBTS

	During the year the company settled a loan that it held with HSBC which was repayable over 5 years, with interest being charged on this loan at 2.75% above the Bank of England base rate. This, and an overdraft with HSBC, were secured by way of personal guarantee, in the form of a first mortgage over a life policy of A Halksworth and a personal guarantee to secure all liabilities of the company limited to £185,000. Security was also given by way of the investment property held by the company. There is also a fixed and floating charge over all assets held by the company.

	During the year the company settled a loan that was held with the directors' Small Self-Administered Pension Scheme. The loan was repayable over 5 years with interest being charged at 5.25%. This loan was secured on land owned by The Southlands Partnership, a partnership in which the directors are also partners.

	During the year the company settled a loan with the directors' Small Self-Administered Pension Scheme. The loan was repayable over 5 years with interest being charged at 6%. This loan was secured on land owned by The Southlands Partnership, a partnership in which the directors are also partners.

12	CONTINGENCIES AND COMMITMENTS

	Other Commitments

	Amounts falling due under operating leases:	2025	2024
		£	£
	In less than one year	67,366	16,363
	In more than one but less than five years	260,000	2,365
	In more than five years	292,500	-


		619,866	18,728

TENDERCARE NURSERIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025


13	RELATED PARTY TRANSACTIONS

	During the year, the following transactions with related parties took place:


	A and A M Halksworth		2025	2024
	Directors and shareholders		£	£
	Advances from directors	The directors have made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the directors the following amount:	413,520	414,082



			2025	2024
	The Southlands Partnership
	Connected party		£	£
	Balance owed to connected party	The connected party is a partnership in which the directors are also partners. At the year end, the company owed the connected party the following amount:
	Balance owed to connected party

			721,291	-


	Payment from connected party	During the year the company received an amount from the connected party in respect of compensation and disruption costs.	2,200,000	-