Company No: 08316263 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	S C Crocker
	E A Crocker

Registered office	Springfield House
	Springfield Road
	Horsham
	West Sussex
	RH12 2RG
	United Kingdom

Company number

08316263 (England and Wales)

Accountant	Kreston Reeves LLP
	Springfield House
	Springfield Road
	Horsham
	West Sussex
	RH12 2RG

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Night Garden Limited for the financial year ended 31 December 2025 which comprise the Balance Sheet and the related notes 1 to 10 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

This report is made solely to the Board of Directors of Night Garden Limited, as a body, in accordance with the terms of our engagement letter dated 18 May 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Night Garden Limited and state those matters that we have agreed to state to the Board of Directors of Night Garden Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Night Garden Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Night Garden Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Night Garden Limited. You consider that Night Garden Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Night Garden Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kreston Reeves LLP

Springfield House
Springfield Road
Horsham
West Sussex
RH12 2RG

27 July 2026

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	197,165		235,707
Investment property	4	830,000		134,034
Investments	5	714,112		714,112
		1,741,277		1,083,853
Current assets
Debtors
- due within one year	6	10,542		249,296
- due after more than one year	6	546,239		546,239
Cash at bank and in hand		1,149,319		1,289,319
		1,706,100		2,084,854
Creditors: amounts falling due within one year	7	( 8,874)		( 24,686)
Net current assets		1,697,226		2,060,168
Total assets less current liabilities		3,438,503		3,144,021
Provision for liabilities	8	( 30,283)		( 40,068)
Net assets		3,408,220		3,103,953
Capital and reserves
Called-up share capital		100		100
Profit and loss account		3,408,120		3,103,853
Total shareholders' funds		3,408,220		3,103,953

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Night Garden Limited (registered number: 08316263) were approved and authorised for issue by the Board of Directors on 27 July 2026. They were signed on its behalf by:

S C Crocker Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Night Garden Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Springfield House, Springfield Road, Horsham, West Sussex, RH12 2RG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £1.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	10 years straight line
Plant and machinery	10 years straight line
Vehicles	5 years straight line
Office equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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 credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

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, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£		£
Cost
At 01 January 2025	127,064		163,965		102,504		19,162		412,695
Additions	12,105		0		0		2,572		14,677
At 31 December 2025	139,169		163,965		102,504		21,734		427,372
Accumulated depreciation
At 01 January 2025	15,883		100,083		44,666		16,356		176,988
Charge for the financial year	13,716		16,397		20,501		2,605		53,219
At 31 December 2025	29,599		116,480		65,167		18,961		230,207
Net book value
At 31 December 2025	109,570		47,485		37,337		2,773		197,165
At 31 December 2024	111,181		63,882		57,838		2,806		235,707

4. Investment property

	Investment property
	£
Valuation
As at 01 January 2025	134,034
Additions	729,121
Fair value movement	(33,155)
As at 31 December 2025	830,000

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2025		2024
	£		£
Historic cost	863,155		134,034

5. Fixed asset investments

	Investments in associates		Total
	£		£
Cost or valuation before impairment
At 01 January 2025	714,112		714,112
At 31 December 2025	714,112		714,112
Carrying value at 31 December 2025	714,112		714,112
Carrying value at 31 December 2024	714,112		714,112

6. Debtors

	2025		2024
	£		£
Debtors: amounts falling due within one year
Amounts owed by directors	0		53,874
Prepayments and accrued income	5,282		59,549
VAT recoverable	752		1,353
Other debtors	4,508		134,520
	10,542		249,296
Debtors: amounts falling due after more than one year
Amounts owed by connected companies	500,000		500,000
Other debtors	46,239		46,239
	546,239		546,239

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	492		3,750
Amounts owed to directors	2,458		0
Accruals	5,924		4,265
Taxation and social security	0		13,649
Other creditors	0		3,022
	8,874		24,686

8. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 40,068)		( 42,878)
Credited to the Statement of Income and Retained Earnings	9,785		2,810
At the end of financial year	( 30,283)		( 40,068)

The deferred taxation balance is made up as follows:

	2025		2024
	£		£
Accelerated capital allowances	( 30,283)		( 40,068)

9. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund. There were pension contributions totalling £Nil (2024 - £3,022) payable to the fund at the balance sheet date and included in creditors.

10. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
S C Crocker & E A Crocker	(2,458)		53,874

During the year the Company repaid the loan to the directors outstanding at 31 December 2024. Interest at 2.25% was being charged on the loan up until the point in which the loan was repaid. The loan was repayable on demand.