She Grows Veg Ltd Accounts






She Grows Veg Ltd

	Company No. 14831916
		Information for Filing with The Registrar
		30 April 2026

at	30 April 2026
Company No.		14831916	Notes	2026	2025
				£	£
Fixed assets
	Intangible assets		5	7,000	8,000
	Tangible assets		6	36,026	7,139


				43,026	15,139
Current assets
	Stocks		7	221,318	31,604
	Debtors		8	59,748	6,683

	Cash at bank and in hand			153,815	183,903
				434,881	222,190
Creditors: Amount falling due within one year			9	(218,364)	(95,060)
Net current assets				216,517	127,130
Total assets less current liabilities				259,543	142,269
Creditors: Amounts falling due after more than one year			10	(38,250)	(8,500)
Provisions for liabilities
	Deferred taxation		11	(9,006)	-

Net assets				212,287	133,769

Capital and reserves
	Called up share capital			20,977	20,977
	Share premium account		13	99,025	99,025


	Profit and loss account		13	92,285	13,767

Total equity				212,287	133,769



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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 section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 24 June 2026 and signed on its behalf by:
K.E.M. Cotterill
Director
24 June 2026

for the year ended 30 April 2026

General information

She Grows Veg Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 14831916

Its registered office is:

East Bergholt Place

Mill Road

East Bergholt

Colchester

CO7 6UP

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced
for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is
passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

10-20% Varying rates of straight line and reducing balance

Leased assets

Where the company enters into a lease which entails taking substantially all the risks and rewards of
ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to the Company are
classified as operating leases.
Assets held under finance leases are initially recognised as assets of the Company at their fair value at the
inception of the lease or, if lower, at the present value of the minimum lease payments. The
corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation.
Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to
achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are
recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which
case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting
policy above).
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentives are received to enter into operating leases, such incentives are
recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense
on a straight-line basis.

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

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

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	22	10

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	45,363	8,768

		Total corporation tax	45,363	8,768

		Origination and reversal of timing differences	9,006	-

		Total deferred tax	9,006	-

		Tax on profit on ordinary activities	54,369	8,768

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2026	2025
		814	£	£
		Profit on ordinary activities before tax	214,219	45,181

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	53,555	11,295
		Expenses not deductible for tax purposes	814	(2,527)




		Tax on profit on ordinary activities	54,369	8,768

5	Intangible fixed assets
			Goodwill	Total
			£	£
		Cost
		At 1 May 2025	10,000	10,000


		At 30 April 2026	10,000	10,000
		Amortisation and impairment
		At 1 May 2025	2,000	2,000
		Charge for the year	1,000	1,000


		At 30 April 2026	3,000	3,000
		Net book values
		At 30 April 2026	7,000	7,000
		At 30 April 2025	8,000	8,000

6	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 May 2025	9,414	9,414
		Additions	31,798	31,798



		At 30 April 2026	41,212	41,212
		Depreciation
		At 1 May 2025	2,275	2,275
		Charge for the year	2,911	2,911



		At 30 April 2026	5,186	5,186
		Net book values
		At 30 April 2026	36,026	36,026
		At 30 April 2025	7,139	7,139

7	Stocks
			2026	2025
			£	£
		Raw materials and consumables	220,355	31,604

		Finished goods	963	-
			221,318	31,604

8	Debtors
			2026	2025
			£	£
		Trade debtors	255	-



		VAT recoverable	29,647	1,720


		Prepayments and accrued income	29,846	4,963
			59,748	6,683

9	Creditors:
		amounts falling due within one year
			2026	2025
			£	£

		Bank loans and overdrafts	7,168	15,549
		Other loans	11,000	-

		Trade creditors	68,530	22,555

		Taxes and social security	50,574	10,094
		Loans from directors	624	2,156

		Accruals and deferred income	80,468	44,706
			218,364	95,060

10	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£

		Bank loans and overdrafts	2,500	8,500
		Other loans	35,750	-





			38,250	8,500

11	Deferred taxation
			Accelerated Capital Allowances, Losses and Other Timing Differences	Total
			£	£

		Charge to the profit and loss account for the period	9,006	9,006

		At 30 April 2026	9,006	9,006


			2026	2025
			£	£
		Accelerated capital allowances	9,006	-



			9,006	-

Share Capital

20977 Ordinary shares fully allocated, called up and paid. These are divided into 2 Ordinary, 10000 Ordinary A, 10000 Ordinary B and 975 Ordinary C.

Reserves

Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.

Profit and loss account - includes all current and prior period retained profits and losses.

14	Dividends
			2026	2025
			£	£
		Dividends for the period:
		Dividends paid in the period	81,332	38,335

			81,332	38,335

		Dividends by type:
		Non-equity preference dividends	-	-
		Equity dividends	81,332	38,335
			81,332	38,335

Transition to FRS 102

The impact from the transition to FRS 102 is as follows:

No effect on the previous period therefore no restatement necessary.