Jack & Jill's Elite Nursery Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—6

Registered number: SC621216

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		11,263		14,078
Tangible Assets	5		9,707		11,604

			20,970		25,682
CURRENT ASSETS
Debtors		2,619		4,326
Cash at bank and in hand		8,395		14,026

		11,014		18,352
Creditors: Amounts Falling Due Within One Year		(30,232 )		(23,786 )

NET CURRENT ASSETS (LIABILITIES)			(19,218 )		(5,434 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,752		20,248

PROVISIONS FOR LIABILITIES
Deferred Taxation			(645 )		(795 )

NET ASSETS			1,107		19,453

CAPITAL AND RESERVES
Called up share capital	6		10		10
Profit and Loss Account			1,097		19,443

SHAREHOLDERS' FUNDS			1,107		19,453

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Jack & Jill's Elite Nursery Limited

Abridged Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 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 Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 October 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mrs Denise Waddell Director	Mr James Waddell Director
17 July 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Jack & Jill's Elite Nursery Limited is a private company, limited by shares, incorporated in Scotland, registered number SC621216 . The registered office is Eco Park, Carseview Road, Forfar, Angus, DD8 3BS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost basis, as modified by the revaluaton of certain financial assets and liabilities and investment properties measured at fair value through profit or loss, and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. Fees raised in advance are included as turnover in the month in which the services are provided.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	10% straight line
Fixtures & Fittings	20% reducing balance

2.5. Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other investments are subsequently measured at cost less impairment.

...CONTINUED

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Jack & Jill's Elite Nursery Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 October 2025

2.5. Financial Instruments - continued

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objectice evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments, regardless of significance and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

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

2.6. Taxation

The taxation 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 statement of comprehensive income because of items of income or expense that are taxable or deductible in other year 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 timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related 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.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 15 (2024: 16)

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Jack & Jill's Elite Nursery Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 October 2025

4. Intangible Assets

	Total
	£
Cost
As at 1 November 2024	28,153

As at 31 October 2025	28,153

Amortisation
As at 1 November 2024	14,075
Provided during the period	2,815

As at 31 October 2025	16,890

Net Book Value
As at 31 October 2025	11,263

As at 1 November 2024	14,078

5. Tangible Assets

	Total
	£
Cost
As at 1 November 2024	22,084

As at 31 October 2025	22,084

Depreciation
As at 1 November 2024	10,480
Provided during the period	1,897

As at 31 October 2025	12,377

Net Book Value
As at 31 October 2025	9,707

As at 1 November 2024	11,604

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10	10

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Jack & Jill's Elite Nursery Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 October 2025

7. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	20,000	20,000
Later than one year and not later than five years	80,000	80,000
Later than five years	20,000	40,000

	120,000	140,000

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 November 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Mrs Denise Waddell	-	3,757	3,757	-	-

The above loan is unsecured, interest free and repayable on demand.

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