REGISTERED NUMBER: 07772767 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SHROPSHIRE PETALS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J R Bubb

J W Bubb

A C Bubb

J E B Bubb

REGISTERED OFFICE:

South Lynn Farm

Lynn

Newport

Shropshire

TF10 9BB

REGISTERED NUMBER:

07772767 (England and Wales)

ACCOUNTANTS:

Murray Smith LLP

Chartered Accountants

Darland House

44 Winnington Hill

Northwich

Cheshire

CW8 1AU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,905,188

1,554,776

4,905,188

1,554,776

CURRENT ASSETS

Stocks

1,555,853

1,709,482

Debtors

6

2,013,730

1,881,305

Cash at bank and in hand

413,138

246,861

3,982,721

3,837,648

CREDITORS

Amounts falling due within one year

7

1,210,632

560,281

NET CURRENT ASSETS

2,772,089

3,277,367

TOTAL ASSETS LESS CURRENT LIABILITIES

7,677,277

4,832,143

CREDITORS

Amounts falling due after more than one year

8

(838,261

)

(271,922

)

PROVISIONS FOR LIABILITIES

(470,465

)

(167,099

)

NET ASSETS

6,368,551

4,393,122

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

6,368,451

4,393,022

SHAREHOLDERS' FUNDS

6,368,551

4,393,122

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by:

J R Bubb - Director

J W Bubb - Director

1.	STATUTORY INFORMATION

Shropshire Petals 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 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

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.

Goodwill, being the amounts paid in connection with the acquisition of businesses in 2011 and 2019, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Buildings and improvements

-

4% on cost

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

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.

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 29 (2024 - 27 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

800,000

AMORTISATION

At 1 January 2025

and 31 December 2025

800,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Buildings

and

Plant and

Motor

Office

improvements

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

1,632,535

1,254,294

17,107

93,868

2,997,804

Additions

3,255,811

263,715

-

6,425

3,525,951

At 31 December 2025

4,888,346

1,518,009

17,107

100,293

6,523,755

DEPRECIATION

At 1 January 2025

500,461

864,996

7,104

70,467

1,443,028

Charge for year

63,744

103,202

2,502

6,091

175,539

At 31 December 2025

564,205

968,198

9,606

76,558

1,618,567

NET BOOK VALUE

At 31 December 2025

4,324,141

549,811

7,501

23,735

4,905,188

At 31 December 2024

1,132,074

389,298

10,003

23,401

1,554,776

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

470,601

461,569

Other debtors

1,543,129

1,419,736

2,013,730

1,881,305

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

36,000

14,500

Trade creditors

497,564

30,730

Taxation and social security

117,994

419,676

Other creditors

559,074

95,375

1,210,632

560,281

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

838,261

271,922

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 years

687,261

200,422

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

874,261

286,422

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

70

A Ordinary

£1

70

70

30

B Ordinary

£1

30

30

100

100

11.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Woodcote Farms Holding Company Limited. The registered office and principal place of business of the parent company is Lynn South Farm, Woodcote, Newport, Shropshire, TF10 9BB.