Porterbrook Nurseries Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07874103

Porterbrook Nurseries Limited

Filleted Unaudited Financial Statements

31 March 2026

Porterbrook Nurseries Limited

Financial Statements

Year ended 31 March 2026

Contents	Pages

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 7

Porterbrook Nurseries Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Porterbrook Nurseries Limited

Year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Porterbrook Nurseries Limited for the year ended 31 March 2026, which comprise the statement of financial position and the related notes 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/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Porterbrook Nurseries Limited, as a body, in accordance with the terms of our engagement letter dated 16 July 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Porterbrook Nurseries Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Porterbrook Nurseries Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Porterbrook Nurseries 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 Porterbrook Nurseries Limited. You consider that Porterbrook Nurseries Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Porterbrook Nurseries 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.

HEBBLETHWAITES Chartered Accountants

2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ

7 August 2026

Porterbrook Nurseries Limited

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	6	241,190	241,488

Current assets

Debtors	7	1,090	3,847
Cash at bank and in hand		48,969	4,523
		--------	-------
		50,059	8,370

Creditors: amounts falling due within one year	8	51,162	45,820
		--------	--------
Net current liabilities		1,103	37,450
		---------	---------
Total assets less current liabilities		240,087	204,038

Provisions

Taxation including deferred tax	226	–
	---------	---------
Net assets	239,861	204,038
	---------	---------

Porterbrook Nurseries Limited

Statement of Financial Position (continued)

31 March 2026

	2026	2025
Note	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	239,761	203,938
	---------	---------
Shareholders funds	239,861	204,038
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 7 August 2026 , and are signed on behalf of the board by:

Mr R M Burdall

Director

Company registration number: 07874103

Porterbrook Nurseries Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Rosehill House, Tedgness Road, Grindleford, Hope Valley, S32 2HX.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of the directors, there are no judgements or key sources of estimation uncertainty that have a significant impact on the financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents charges levied in relation to children attending the nursery during the period.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures & Fittings	-	20% reducing balance

Depreciation is not provided on freehold buildings as the value in use of the property concerned and the anticipated long expected useful life, coupled with the high expected residual value, mean that any depreciation charge would not be material.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 17 (2025: 17 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 April 2025 and 31 March 2026	134,998
	---------
Amortisation
At 1 April 2025 and 31 March 2026	134,998
	---------
Carrying amount
At 31 March 2026	–
	---------
At 31 March 2025	–
	---------

6. Tangible assets

	Land and buildings	Fixtures and fittings	Total
	£	£	£
Cost
At 1 April 2025 and 31 March 2026	240,000	21,913	261,913
	---------	--------	---------
Depreciation
At 1 April 2025	–	20,425	20,425
Charge for the year	–	298	298
	---------	--------	---------
At 31 March 2026	–	20,723	20,723
	---------	--------	---------
Carrying amount
At 31 March 2026	240,000	1,190	241,190
	---------	--------	---------
At 31 March 2025	240,000	1,488	241,488
	---------	--------	---------

7. Debtors

	2026	2025
	£	£
Trade debtors	1,090	3,847
	-------	-------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Corporation tax	3,893	–
Social security and other taxes	8,492	3,335
Other creditors	38,777	42,485
	--------	--------
	51,162	45,820
	--------	--------

9. Related party transactions

Mr R M Burdall is a director and shareholder of T H Knightall Limited. Included in other creditors at 31 March 2026 is an unsecured loan from T H Knightall Limited of £9,000 (2025 creditor of £32,000). Repayments of £34,000 were made in the year, against further advances from T H Knightall during the year, in the sum of £11,000. There are no formal terms for repayment of this loan and interest is not being charged.