REGISTERED NUMBER: 09270274 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

GARDEN TRENDS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Parry

REGISTERED OFFICE:

Unit 6A, Lys Mill

Howe Road

Watlington

Oxfordshire

OX49 5EQ

REGISTERED NUMBER:

09270274 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Ltd

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Intangible assets

4

30,177

27,553

Tangible assets

5

252,120

319,812

282,297

347,365

CURRENT ASSETS

Stocks

1,901,357

2,277,306

Debtors

6

461,396

426,690

Cash at bank and in hand

109,795

122,124

2,472,548

2,826,120

CREDITORS

Amounts falling due within one year

7

(2,087,679

)

(2,508,537

)

NET CURRENT ASSETS

384,869

317,583

TOTAL ASSETS LESS CURRENT LIABILITIES

667,166

664,948

CREDITORS

Amounts falling due after more than one year

8

(38,835

)

(73,940

)

PROVISIONS FOR LIABILITIES

(62,153

)

(52,141

)

NET ASSETS

566,178

538,867

CAPITAL AND RESERVES

Called up share capital

10

45

45

Share premium

74,965

74,965

Retained earnings

491,168

463,857

SHAREHOLDERS' FUNDS

566,178

538,867

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 June 2026 and were signed by:

G Parry - Director

1.	STATUTORY INFORMATION

Garden Trends ltd 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 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.

Critical accounting judgements and key sources of estimation uncertainty

No significant judgements have had to be made by management in preparing these financial statements.

There were no key assumptions made concerning the future, and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

20% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

33% on cost

Computer equipment

-

33% on cost

Stocks

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

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, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 NIL (2024 - 22 ).

4.	INTANGIBLE FIXED ASSETS

Website

£

COST

At 1 October 2024

89,122

Additions

7,508

At 30 September 2025

96,630

AMORTISATION

At 1 October 2024

61,569

Amortisation for year

4,884

At 30 September 2025

66,453

NET BOOK VALUE

At 30 September 2025

30,177

At 30 September 2024

27,553

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 October 2024

244,915

36,327

185,237

Additions

249

-

-

At 30 September 2025

245,164

36,327

185,237

DEPRECIATION

At 1 October 2024

104,798

21,404

81,195

Charge for year

36,774

2,238

10,213

At 30 September 2025

141,572

23,642

91,408

NET BOOK VALUE

At 30 September 2025

103,592

12,685

93,829

At 30 September 2024

140,117

14,923

104,042

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2024

55,633

93,017

615,129

Additions

-

3,257

3,506

At 30 September 2025

55,633

96,274

618,635

DEPRECIATION

At 1 October 2024

10,651

77,269

295,317

Charge for year

11,245

10,728

71,198

At 30 September 2025

21,896

87,997

366,515

NET BOOK VALUE

At 30 September 2025

33,737

8,277

252,120

At 30 September 2024

44,982

15,748

319,812

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 October 2024

and 30 September 2025

34,850

64,119

46,433

145,402

DEPRECIATION

At 1 October 2024

21,001

11,041

1,451

33,493

Charge for year

2,077

2,569

11,245

15,891

At 30 September 2025

23,078

13,610

12,696

49,384

NET BOOK VALUE

At 30 September 2025

11,772

50,509

33,737

96,018

At 30 September 2024

13,849

53,078

44,982

111,909

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

114,436

143,385

Amounts owed by group undertakings

-

12,500

Other debtors

174,856

120,336

Payments in advance

121,811

87,563

Prepayments

50,293

62,906

461,396

426,690

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

879,587

1,139,678

Hire purchase contracts (see note 9)

27,201

31,372

Trade creditors

269,779

556,756

Amounts owed to group undertakings

1,000

-

Tax

32,006

-

Social security and other taxes

20,588

16,643

VAT

770,288

667,856

Other creditors

3,653

2,890

Directors' current accounts

37,241

42,634

Accrued expenses

46,336

50,708

2,087,679

2,508,537

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

7,904

Hire purchase contracts (see note 9)

38,835

66,036

38,835

73,940

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

27,201

31,372

Between one and five years

38,835

66,036

66,036

97,408

Non-cancellable

operating leases

2025

2024

£

£

Within one year

215,931

222,531

Between one and five years

86,327

287,157

302,258

509,688

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2,000

Ordinary A

1p

20

20

2,000

Ordinary C

1p

5

5

500

Ordinary B

1p

20

20

45

45