REGISTERED NUMBER: 07636196 (England and Wales)

TODDINGTON NURSERIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J N Hooper

REGISTERED OFFICE:

Park Road

Lake Lane

Barnham

West Sussex

PO22 0AQ

REGISTERED NUMBER:

07636196 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

3,353,320

3,416,681

3,353,320

3,416,681

CURRENT ASSETS

Stocks

698,139

812,783

Debtors

6

234,457

343,544

Cash at bank and in hand

63,609

7,141

996,205

1,163,468

CREDITORS

Amounts falling due within one year

7

(717,663

)

(799,157

)

NET CURRENT ASSETS

278,542

364,311

TOTAL ASSETS LESS CURRENT LIABILITIES

3,631,862

3,780,992

CREDITORS

Amounts falling due after more than one year

8

(1,240,278

)

(1,345,179

)

PROVISIONS FOR LIABILITIES

(382,065

)

(394,913

)

NET ASSETS

2,009,519

2,040,900

CAPITAL AND RESERVES

Called up share capital

200,000

200,000

Non-distributable reserves

1,126,913

1,179,301

Retained earnings

682,606

661,599

SHAREHOLDERS' FUNDS

2,009,519

2,040,900

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 21 June 2026 and were signed by:

J N Hooper - Director

1.	STATUTORY INFORMATION

Toddington 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover

Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically dispatched to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of trade and assets in 2011, has been amortised in the periods which the non-monetary assets were recognised.

Tangible fixed assets

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

Freehold property

-

0% - 3.5% straight line

Plant and machinery

-

15% Straight line and 15% Reducing balance

Fixtures and fittings

-

Straight line over 5 years

Motor vehicles

-

Straight line over 5 years

Computer equipment

-

Straight line over 5 years

The company has adopted a policy in respect of freehold property where it has been provided in the financial statements at market valuation to be reviewed every 5 years. Depreciation is provided at 3.5% straight line.

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 recognised in the income statement.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Fixed asset investments

Fixed asset investments are recognised at original cost less any provision for impairment.

Financial assets

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2024 - 36 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

699,778

AMORTISATION

At 1 October 2024

and 30 September 2025

699,778

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 October 2024

3,545,000

836,284

162,207

Additions

44,362

-

-

Disposals

-

(18,793

)

(82,365

)

At 30 September 2025

3,589,362

817,491

79,842

DEPRECIATION

At 1 October 2024

336,759

649,802

148,688

Charge for year

56,127

42,121

5,030

Eliminated on disposal

-

(18,395

)

(82,365

)

At 30 September 2025

392,886

673,528

71,353

NET BOOK VALUE

At 30 September 2025

3,196,476

143,963

8,489

At 30 September 2024

3,208,241

186,482

13,519

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2024

26,684

33,229

4,603,404

Additions

-

1,616

45,978

Disposals

(3,394

)

(6,753

)

(111,305

)

At 30 September 2025

23,290

28,092

4,538,077

DEPRECIATION

At 1 October 2024

22,397

29,077

1,186,723

Charge for year

4,032

1,631

108,941

Eliminated on disposal

(3,394

)

(6,753

)

(110,907

)

At 30 September 2025

23,035

23,955

1,184,757

NET BOOK VALUE

At 30 September 2025

255

4,137

3,353,320

At 30 September 2024

4,287

4,152

3,416,681

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

132,220

153,017

Other debtors

102,237

152,850

234,457

305,867

Amounts falling due after more than one year:

Other debtors

-

37,677

Aggregate amounts

234,457

343,544

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

177,042

348,367

Trade creditors

334,825

215,006

Amounts owed to group undertakings

48,117

45,866

Taxation and social security

150,584

142,758

Other creditors

7,095

47,160

717,663

799,157

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,240,278

1,345,179

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

by instalments

-

734,023

-

734,023

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

40,480

43,083

Between one and five years

41,250

85,333

81,730

128,416

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans and overdrafts

1,417,321

1,693,546

Bank loans and overdrafts are secured by way of a legal charge over the company's assets.

11.	OTHER FINANCIAL COMMITMENTS

Loans totalling £405,000 (2024: £450,000) in the company's 100% parent company, Toddington Nurseries Holdings Limited, are secured by way of a fixed and floating charge over Toddington Nurseries Limited's assets.