ACCOUNTS - Final Accounts

Operating profit

The operating profit is stated after charging:

Registered number: 06677253

TOM BROWN WHOLESALE FLORISTS LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

TOM BROWN WHOLESALE FLORISTS LIMITED

COMPANY INFORMATION

Directors	T Brown
	S L Brown


Registered number	06677253


Registered office	Unit 30
	Chiltonian Industrial Estate
	Manor Lane
	Lee
	London
	SE12 0TX


Independent auditor	Barnes Roffe Audit Limited
	Chartered Accountants & Statutory Auditor
	Level 41A
	Tower 42
	25 Old Broad Street
	London
	EC2N 1HQ

TOM BROWN WHOLESALE FLORISTS LIMITED

CONTENTS

	Page
Group strategic report	1 - 2
Directors' report	3 - 4
Independent auditor's report	5 - 9
Consolidated statement of comprehensive income	10
Consolidated balance sheet	11
Company balance sheet	12
Consolidated statement of changes in equity	13
Company statement of changes in equity	14
Consolidated statement of cash flows	15 - 16
Notes to the financial statements	17 - 37

TOM BROWN WHOLESALE FLORISTS LIMITED

GROUP STRATEGIC REPORT

FOR THE YEAR ENDED 31 AUGUST 2025

Introduction

The directors present their Group strategic report accompanying the financial statements for the year ended 31 August 2025.

Business review

The Group delivered a strong performance during the year, with turnover increasing from £21.6 million to £24.2 million, representing growth of 12.2%. This increase was driven by the continued support of existing customers, together with the successful development of new business opportunities within the floral sector, resulting in increased market share.

Gross profit increased by £445k during the year, an increase of approximately 7.7%. Gross profit margins reduced slightly compared with the previous year as the company responded to rising floral prices and broader inflationary pressures while remaining competitive in the marketplace.

Administrative expenses decreased as a proportion of turnover, reflecting the Groups ability to support increased trading activity while maintaining a disciplined and efficient cost base.

The directors remain positive about the Groups prospects despite ongoing economic uncertainty and challenging market conditions. The Group will continue to focus on strengthening existing customer relationships, developing new business opportunities and maintaining the high standards of service on which its reputation has been built. While the wider industry continues to face pressures, the group believes it is well positioned to deliver sustainable growth through its established reputation, experienced team and strong customer relationships.

Principal risks and uncertainties

The Board regularly reviews the principal risks and uncertainties facing the Group through ongoing management oversight and regular Board meetings. Appropriate measures are implemented to monitor and mitigate these risks where possible.

Market and Economic Conditions
Flowers and associated products are generally regarded as discretionary consumer purchases and, as such, demand can be affected by wider economic conditions, consumer confidence and inflationary pressures. While
the industry benefits from established seasonal trading peaks throughout the year, global events, economic uncertainty and geopolitical conflicts can adversely affect customer spending patterns. The Group seeks to mitigate this risk by maintaining a diverse customer base across different sectors and geographical areas.

Competition
The floral wholesale market is highly competitive, with pressure on both pricing and service levels from existing competitors and new market entrants. The Group mitigates this risk by maintaining strong relationships with customers and suppliers, delivering high levels of service, and continually reviewing its product offering to ensure it remains competitive and relevant to customer needs.

Business Interruption
The Group is exposed to risks arising from events that may disrupt normal operations, including supply chain interruptions, transportation delays, information technology failures, utility outages and other unforeseen events. The Group mitigates these risks through appropriate business interruption and other insurance policies designed to reflect the nature and scale of the risks faced by the business, together with ongoing monitoring of
operational resilience.

Page 1

TOM BROWN WHOLESALE FLORISTS LIMITED

GROUP STRATEGIC REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

Perishable Goods
As flowers and related products are highly perishable, the Group faces risks associated with product deterioration, wastage and fluctuations in demand. These risks are managed through careful stock control, efficient logistics, regular monitoring of inventory levels and maintaining strong supplier relationships to ensure product quality and availability.

Supply Chain Risk
The Group relies on a network of domestic and international growers, suppliers and logistics providers to ensure the timely supply of fresh products. Disruptions caused by adverse weather conditions, transportation issues, geopolitical events or supplier failures could impact product availability and costs. The Group mitigates this risk by maintaining strong supplier relationships, sourcing from a range of suppliers and continually monitoring supply chain performance.

Credit Risk
The Group is exposed to credit risk through the provision of trade credit to customers. This risk is managed through regular monitoring of customer accounts, the application of strict credit control procedures and the maintenance of carefully managed credit limits. The Group reviews customer creditworthiness on an ongoing basis and takes appropriate action where necessary to minimise potential losses.

Environmental and Sustainability Risk
The Group recognises the increasing importance of environmental sustainability within the floral industry. Risks may arise from changing environmental regulations, customer expectations and the impact of climate change on growing conditions and product availability. The Group seeks to mitigate these risks by working with responsible suppliers, reducing waste where practicable and continually reviewing its operational practices to improve environmental performance.

Employment Costs and Workforce
Increases in employment costs, including wage inflation and changes to employment legislation, can have a significant impact on profitability. The Group continues to invest in process improvements and automation to enhance operational efficiency and reduce the impact of rising labour costs. In addition, the Group focuses on staff retention, training and workforce planning to maintain operational effectiveness.

Financial key performance indicators

Given the straightforward nature of the business the Group's directors are of the opinion that analysis using KPI's is not necessary for an understanding of the development, performance or position of the business.

This report was approved by the board on 7 August 2026 and signed on its behalf.

T Brown

Director

Page 2

TOM BROWN WHOLESALE FLORISTS LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 AUGUST 2025

The directors present their report and the financial statements for the year ended 31 August 2025.

Directors' responsibilities statement

The directors are responsible for preparing the Group strategic report, the Directors' report and the consolidated financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and the Group and of the profit or loss of the Group for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the Group's financial statements and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and the Group and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Results and dividends

The profit for the year, after taxation, amounted to £466,089 (2024 - £363,380).

The company paid dividends during the year of £450,000 (2024: £310,000).

Directors

The directors who served during the year were:

T Brown

S L Brown

Disclosure of information to auditor

Each of the persons who are directors at the time when this Directors' report is approved has confirmed that:

∙so far as the directors are aware, there is no relevant audit information of which the Company and the Group's auditor is unaware, and

∙the directors has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company and the Group's auditor is aware of that information.

Page 3

TOM BROWN WHOLESALE FLORISTS LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

Auditor

The auditor, Barnes Roffe Audit Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

This report was approved by the board on 7 August 2026 and signed on its behalf.

T Brown

Director

Page 4

TOM BROWN WHOLESALE FLORISTS LIMITED

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TOM BROWN WHOLESALE FLORISTS LIMITED

Opinion

We have audited the financial statements of Tom Brown Wholesale Florists Limited (the 'Parent Company') and its subsidiaries (the 'Group') for the year ended 31 August 2025, which comprise the Consolidated statement of comprehensive income, the Consolidated Balance Sheet, the Company Balance Sheet, the Consolidated Statement of Cash Flows, the Consolidated Statement of Changes in Equity, the Company Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

∙give a true and fair view of the state of the Group's and of the Parent Company's affairs as at 31 August 2025 and of the Group's profit for the year then ended;

∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

∙have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Page 5

TOM BROWN WHOLESALE FLORISTS LIMITED

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TOM BROWN WHOLESALE FLORISTS LIMITED (CONTINUED)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditor's report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

∙the information given in the Group strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

∙the Group strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Group and the Parent Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group strategic report or the Directors' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙adequate accounting records have not been kept by the Parent Company, or returns adequate for our audit have not been received from branches not visited by us; or

∙the Parent Company financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of directors' remuneration specified by law are not made; or

∙we have not received all the information and explanations we require for our audit.

Page 6

TOM BROWN WHOLESALE FLORISTS LIMITED

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TOM BROWN WHOLESALE FLORISTS LIMITED (CONTINUED)

Responsibilities of directors

As explained more fully in the Directors' responsibilities statement set out on page 3, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the Group's and the Parent Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Group or the Parent Company or to cease operations, or have no realistic alternative but to do so.

Page 7

TOM BROWN WHOLESALE FLORISTS LIMITED

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TOM BROWN WHOLESALE FLORISTS LIMITED (CONTINUED)

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Group financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

• The engagement partner ensured that the engagement team collectively had the appropriate
competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
• We identified the laws and regulations applicable to the company through discussion with directors and
other management, and from our commercial knowledge and experience of the relevant sector;
• The specific laws and regulations which we considered may have a direct material effect on the financial
statements or the operations of the company, are as follows:

o Companies Act 2006
o FRS102.
o GDPR
o Employment legislation
o Tax legislation
o UK Health & Safety Legislations and CDM Regulations 2015

• We assessed the extent of compliance with the laws and regulations identified above through making
enquiries of management, reviewing board minutes and inspecting legal correspondence;
• Laws and regulations were communicated within the audit team at the planning meeting, and during the
audit as any further laws and regulation were identified. The audit team remained alert to instances of noncompliance throughout the audit.

We assessed the susceptibility of the company’s financial statements to material misstatement, including
obtaining an understanding of how fraud might occur by:
• Making enquires of management as to where they consider there was susceptibility to fraud and their
knowledge of actual suspected and alleged fraud;
• Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and
regulations;
• Reviewing the financial statements and testing the disclosures against supporting documentation;
• Performing analytical procedures to identify any unusual or unexpected trends or anomalies;
• Inspecting and testing journal entries to identify unusual or unexpected transactions;
• Assessing whether judgement and assumptions made in determining significant accounting estimates,
were indicative of management bias; and
• Investigating the rationale behind significant transactions, or transactions that are unusual or outside the
company’s usual course of business.

The areas that we identified as being susceptible to misstatement through fraud were:
• Management bias in the estimates and judgements made;
• Management override of controls; and
• Posting of unusual journals or transactions.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This

Page 8

TOM BROWN WHOLESALE FLORISTS LIMITED

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TOM BROWN WHOLESALE FLORISTS LIMITED (CONTINUED)

risk increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.
The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves
intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our
Auditors' report.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's report.

Use of our report

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

Duncan Stannett (Senior statutory auditor)

for and on behalf of

Barnes Roffe Audit Limited

Chartered Accountants

Statutory Auditor

Level 41A

Tower 42

25 Old Broad Street

London

EC2N 1HQ

Date: 7 August 2026

Page 9

TOM BROWN WHOLESALE FLORISTS LIMITED

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 AUGUST 2025

	2025	2024
Note	£	£


Turnover	3	24,260,591	21,627,672
Cost of sales		(18,062,831)	(15,874,883)
Gross profit		6,197,760	5,752,789
Distribution costs		(4,084)	(3,706)
Administrative expenses		(5,602,993)	(5,193,341)
Operating profit	4	590,683	555,742
Income from participating interests		45,203	-
Income from fixed assets investments		-	(40,000)
Interest receivable and similar income		-	20
Interest payable and similar expenses	8	(33,326)	(15,797)
Profit before taxation		602,560	499,965
Tax on profit	9	(136,471)	(136,585)
Profit for the financial year		466,089	363,380

Profit for the year attributable to:
Owners of the Parent Company	466,089	363,380
	466,089	363,380

There were no recognised gains and losses for 2025 or 2024 other than those included in the consolidated statement of comprehensive income.

There was no other comprehensive income for 2025 (2024:£NIL).

The notes on pages 17 to 37 form part of these financial statements.

Page 10

TOM BROWN WHOLESALE FLORISTS LIMITED

REGISTERED NUMBER: 06677253

CONSOLIDATED BALANCE SHEET

AS AT 31 AUGUST 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	11		7,173		45,368
Tangible assets	12		1,347,936		1,330,067
Investments	13		45,253		50
			1,400,362		1,375,485
Current assets
Stocks	14	824,704		596,944
Debtors: amounts falling due within one year	15	1,687,356		1,813,430
Cash at bank and in hand	16	1,430,598		905,834
		3,942,658		3,316,208
Creditors: amounts falling due within one year	17	(2,343,024)		(1,769,017)
Net current assets			1,599,634		1,547,191
Total assets less current liabilities			2,999,996		2,922,676
Creditors: amounts falling due after more than one year	18		(129,615)		(66,829)
Provisions for liabilities
Deferred taxation	21	(325,604)		(327,159)
			(325,604)		(327,159)
Net assets			2,544,777		2,528,688

Capital and reserves
Called up share capital	22	4	4
Profit and loss account		2,544,773	2,528,684
		2,544,777	2,528,688

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 August 2026.

T Brown

Director

The notes on pages 17 to 37 form part of these financial statements.

Page 11

TOM BROWN WHOLESALE FLORISTS LIMITED

REGISTERED NUMBER: 06677253

COMPANY BALANCE SHEET

AS AT 31 AUGUST 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	12		1,066,641		1,048,398
Investments	13		484,850		484,850
			1,551,491		1,533,248
Current assets
Stocks	14	587,533		381,416
Debtors: amounts falling due within one year	15	1,315,494		1,330,858
Cash at bank and in hand	16	666,387		305,965
		2,569,414		2,018,239
Creditors: amounts falling due within one year	17	(1,836,549)		(1,551,026)
Net current assets			732,865		467,213
Total assets less current liabilities			2,284,356		2,000,461

Creditors: amounts falling due after more than one year	18		(94,306)		(13,888)
Provisions for liabilities
Deferred taxation	21	(255,280)		(262,099)
			(255,280)		(262,099)
Net assets			1,934,770		1,724,474

Capital and reserves
Called up share capital	22		4		4
Profit and loss account brought forward		1,724,470		1,771,843
Profit for the year		660,296		262,627
Dividend paid		(450,000)		(310,000)
Profit and loss account carried forward			1,934,766		1,724,470
			1,934,770		1,724,474

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 August 2026.

T Brown

Director

Page 12

TOM BROWN WHOLESALE FLORISTS LIMITED

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 AUGUST 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 September 2024	4	2,528,684	2,528,688

Profit for the year	-	466,089	466,089
Dividends	-	(450,000)	(450,000)
At 31 August 2025	4	2,544,773	2,544,777

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 AUGUST 2024

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 September 2023	4	2,475,304	2,475,308

Profit for the year	-	363,380	363,380
Dividends	-	(310,000)	(310,000)
At 31 August 2024	4	2,528,684	2,528,688

The notes on pages 17 to 37 form part of these financial statements.

Page 13

TOM BROWN WHOLESALE FLORISTS LIMITED

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 AUGUST 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 September 2024	4	1,724,470	1,724,474

Profit for the year	-	660,296	660,296
Dividends	-	(450,000)	(450,000)
At 31 August 2025	4	1,934,766	1,934,770

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 AUGUST 2024

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 September 2023	4	1,771,843	1,771,847

Profit for the year	-	262,627	262,627
Dividends	-	(310,000)	(310,000)
At 31 August 2024	4	1,724,470	1,724,474

The notes on pages 17 to 37 form part of these financial statements.

Page 14

TOM BROWN WHOLESALE FLORISTS LIMITED

CONSOLIDATED STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 AUGUST 2025

			2025	2024
			£	£

Cash flows from operating activities
Profit for the financial year	466,089	363,380
Adjustments for:
Amortisation of intangible assets	1,195	1,195
Depreciation of tangible fixed assets	374,002	359,192
Loss/(gain) on disposal of tangible assets	44,699	(20,879)
Interest paid	33,326	15,797
Interest received	-	(20)
Taxation charge	136,471	136,585
(Increase)/decrease in stocks	(227,760)	10,492
Decrease/(increase) in debtors	126,074	(251,459)
Increase in creditors	577,342	156,071
Share of operating profit in associates	(45,203)	-
Corporation tax paid	(124,924)	(161,413)
Loss on disposal of intangible assets	37,000	-
Net cash generated from operating activities	1,398,311	608,941

Cash flows from investing activities
Purchase of tangible fixed assets	(283,219)	(355,262)
Sale of tangible fixed assets	26,189	93,004
Interest received	-	20
Net cash from investing activities	(257,030)	(262,238)

Page 15

TOM BROWN WHOLESALE FLORISTS LIMITED

CONSOLIDATED STATEMENT OF CASH FLOWS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

		2025	2024
		£	£


Cash flows from financing activities
Repayment of loans	(59,105)	(64,114)
Repayment of finance leases	(77,635)	(88,160)
Dividends paid	(450,000)	(310,000)
Interest paid	(29,777)	(7,239)
Net cash used in financing activities	(616,517)	(469,513)
Net increase/(decrease) in cash and cash equivalents	524,764	(122,810)
Cash and cash equivalents at beginning of year	905,834	1,028,644
Cash and cash equivalents at the end of year	1,430,598	905,834

Cash and cash equivalents at the end of year comprise:
Cash at bank and in hand	1,430,598	905,834
	1,430,598	905,834

The notes on pages 17 to 37 form part of these financial statements.

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TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1.	General information

Tom Brown Wholesale Florists Limited is a private company limited by shares and incorporated in England and Wales. The address of the register office is Unit 30, Chiltonian Industrial Estate, Manor Lane Lee, London, SE12 0TX.

The principal activity of the company during the year has been that of Wholesale of Flowers and Plants.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Group management to exercise judgment in applying the Group's accounting policies.

The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of comprehensive income in these financial statements.

The following principal accounting policies have been applied:

2.2

Basis of consolidation

The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.

The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Balance sheet, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the Consolidated statement of comprehensive income from the date on which control is obtained. They are deconsolidated from the date control ceases.

In accordance with the transitional exemption available in FRS 102, the Group has chosen not to retrospectively apply the standard to business combinations that occurred before the date of transition to FRS 102, being 01 January 2015.

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TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Consolidated statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

On consolidation, the results of overseas operations are translated into Sterling at rates approximating to those ruling when the transactions took place. All assets and liabilities of overseas operations are translated at the rate ruling at the reporting date. Exchange differences arising on translating the opening net assets at opening rate and the results of overseas operations at actual rate are recognised in other comprehensive income.

2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Group has transferred the significant risks and rewards of ownership to the buyer;

∙the Group 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 Group will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Page 18

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.5

Operating leases: the Group as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.8

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.9

Pensions

Defined contribution pension plan

The Group operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Group pays fixed contributions into a separate entity. Once the contributions have been paid the Group has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Group in independently administered funds.

Page 19

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.10

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company and the Group operate and generate income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits;

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met; and

∙Where they relate to timing differences in respect of interests in subsidiaries, associates, branches and joint ventures and the Group can control the reversal of the timing differences and such reversal is not considered probable in the foreseeable future.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.11

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of the Group's share of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Consolidated statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 20

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.12

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method and on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property	-		18 Years Straight Line
Plant and machinery	-	25%	Reducing Balance
Motor vehicles	-	25%	Straight Line
Fixtures and fittings	-	25%	Reducing Balance
Office equipment	-	25%	Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.13

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

2.14

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Group shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Consolidated statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Page 21

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.15

Associates and joint ventures

An entity is treated as a joint venture where the Group is a party to a contractual agreement with one or more parties from outside the Group to undertake an economic activity that is subject to joint control.

An entity is treated as an associated undertaking where the Group exercises significant influence in that it has the power to participate in the operating and financial policy decisions.

In the consolidated accounts, interests in associated undertakings are accounted for using the equity method of accounting. Under this method an equity investment is initially recognised at the transaction price (including transaction costs) and is subsequently adjusted to reflect the investors share of the profit or loss, other comprehensive income and equity of the associate. The Consolidated statement of comprehensive income includes the Group's share of the operating results, interest, pre-tax results and attributable taxation of such undertakings applying accounting policies consistent with those of the Group. In the Consolidated balance sheet, the interests in associated undertakings are shown as the Group's share of the identifiable net assets, including any unamortised premium paid on acquisition.

Any premium on acquisition is dealt with in accordance with the goodwill policy.

2.16

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.17

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.18

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

In the Consolidated statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the Group's cash management.

Page 22

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.19

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.

2.20

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

2.21

Financial instruments

The Group only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.22

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	Turnover
		2025	2024
		£	£

Wholesales of flowers and plants	24,260,591	21,627,672
	24,260,591	21,627,672

	All turnover arose within the United Kingdom.
	The whole of the turnover is attributable to the principal activity of the business.

Page 23

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Depreciation of tangible fixed assets	374,002	359,192
Defined contribution pension costs	57,549	50,870
Exchange differences	1,018	1,310
Operating lease rentals	351,381	413,839
Motor vehicle leasing	44,570	25,828

Fees payable to the Company's auditor for the audit of the consolidated and parent Company's financial statements

14,500

6.	Employees
	Staff costs, including directors' remuneration, were as follows:

Group	Group	Company	Company
2025	2024	2025	2024
£	£	£	£


Wages and salaries	2,524,867	2,348,586	1,787,545	1,682,957
National Insurance	303,083	239,118	211,106	176,492
Pension cost	57,549	50,870	39,476	33,994
	2,885,499	2,638,574	2,038,127	1,893,443

The average monthly number of employees, including the directors, during the year was as follows:

	Group	Group	Company	Company
	2025	2024	2025	2024
	No.	No.	No.	No.

Employees	67	65	44	43

Page 24

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

7.	Directors' remuneration
		2025	2024
		£	£

Directors' emoluments	19,272	19,272
	19,272	19,272

8.	Interest payable and similar expenses
		2025	2024
		£	£

Bank interest payable	21,206	8,558
Other loan interest payable	1,171	-
Finance leases and hire purchase contracts	10,949	7,199
Interest on overdue tax	-	40
	33,326	15,797

Corporation tax
Current tax on profits for the year	138,026	125,018
Adjustments in respect of previous periods	-	(973)

Total current tax	138,026	124,045

Deferred tax
Origination and reversal of timing differences	(1,555)	12,540
Total deferred tax	(1,555)	12,540


	Tax on profit	136,471	136,585

Page 25

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

9.Taxation (continued)

Profit on ordinary activities before tax

602,560

499,965

Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%)	150,640	124,991
Effects of:
Expenses not deductible for tax purposes, other than goodwill amortisation and impairment	(772)	16,498
Capital allowances for year in excess of depreciation	(11,842)	(17,444)
Deferred tax	(1,555)	12,540
Total tax charge for the year	136,471	136,585

Factors that may affect future tax charges

There are no factors that may affect future tax charges.

10.	Dividends
		2025	2024
		£	£

	Dividends paid	450,000	310,000
		450,000	310,000

Page 26

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

11.	Intangible assets
	Group and Company

		Goodwill
		£
	Cost
	At 1 September 2024	48,953
	Disposals	(37,000)
	At 31 August 2025	11,953
	Amortisation
	At 1 September 2024	3,585
	Charge for the year on owned assets	1,195
	At 31 August 2025	4,780
	Net book value
	At 31 August 2025	7,173
	At 31 August 2024	45,368

Page 27

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

12.	Tangible fixed assets
	Group

	Long-term leasehold property	Plant and machinery	Motor vehicles	Fixtures and fittings	Office equipment
	£	£	£	£	£
Cost or valuation
At 1 September 2024	508,425	595,455	1,363,083	253,708	47,561
Additions	-	3,825	446,577	12,357	-
Disposals	-	-	(551,118)	(96,384)	-
At 31 August 2025	508,425	599,280	1,258,542	169,681	47,561
Depreciation
At 1 September 2024	83,938	277,526	830,586	217,093	29,022
Charge for the year	28,246	80,319	204,179	10,716	10,327
Charge for the year on financed assets	-	-	40,215	-	-
Disposals	-	-	(483,677)	(92,937)	-
At 31 August 2025	112,184	357,845	591,303	134,872	39,349
Net book value
At 31 August 2025	396,241	241,435	667,239	34,809	8,212
At 31 August 2024	424,487	317,929	532,497	36,615	18,539

Page 28

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

12.Tangible fixed assets (continued)

		Total
		£
	Cost or valuation
	At 1 September 2024	2,768,232
	Additions	462,759
	Disposals	(647,502)
	At 31 August 2025	2,583,489
	Depreciation
	At 1 September 2024	1,438,165
	Charge for the year	333,787
	Charge for the year on financed assets	40,215
	Disposals	(576,614)
	At 31 August 2025	1,235,553
	Net book value
	At 31 August 2025	1,347,936
	At 31 August 2024	1,330,067

The net book value of land and buildings may be further analysed as follows:
	2025	2024
	£	£

Long leasehold	396,241	424,487
	396,241	424,487

Page 29

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

12.Tangible fixed assets (continued)

	Company

	Long-term leasehold property	Plant and machinery	Motor vehicles	Fixtures and fittings	Office equipment
	£	£	£	£	£
Cost or valuation
At 1 September 2024	508,425	514,356	901,442	139,731	47,561
Additions	-	-	343,127	-	-
Disposals	-	-	(469,623)	(74,208)	-
At 31 August 2025	508,425	514,356	774,946	65,523	47,561
Depreciation
At 1 September 2024	83,938	206,038	615,502	128,617	29,022
Charge for the year	28,246	77,080	137,984	2,778	10,327
Charge for the year on financed assets	-	-	40,215	-	-
Disposals	-	-	(443,012)	(72,565)	-
At 31 August 2025	112,184	283,118	350,689	58,830	39,349
Net book value
At 31 August 2025	396,241	231,238	424,257	6,693	8,212
At 31 August 2024	424,487	308,318	285,940	11,114	18,539

Page 30

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

12.Tangible fixed assets (continued)

		Total
		£
	Cost or valuation
	At 1 September 2024	2,111,515
	Additions	343,127
	Disposals	(543,831)
	At 31 August 2025	1,910,811
	Depreciation
	At 1 September 2024	1,063,117
	Charge for the year	256,415
	Charge for the year on financed assets	40,215
	Disposals	(515,577)
	At 31 August 2025	844,170
	Net book value
	At 31 August 2025	1,066,641
	At 31 August 2024	1,048,398

The net book value of land and buildings may be further analysed as follows:
	2025	2024
	£	£

Long leasehold	396,241	424,487
	396,241	424,487

Page 31

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

13.	Fixed asset investments
	Group

		Investments in associates
		£
	Cost or valuation
	At 1 September 2024	50
	Share of profit/(loss)	45,203
	At 31 August 2025	45,253

	Company

	Investments in subsidiary companies	Investments in associates	Total
	£	£	£
Cost or valuation
At 1 September 2024	484,800	50	484,850
At 31 August 2025	484,800	50	484,850

Subsidiary undertaking
The following was a subsidiary undertaking of the Company:
Name	Class of shares	Holding

Marilliam Flowers Limited

Ordinary

100%

	The aggregate of the share capital and reserves as at 31 August 2025 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:
	Name	Aggregate of share capital and reserves	Profit/(Loss)

Marilliam Flowers Limited

1,042,431

147,641

Page 32

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

14.	Stocks
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Finished goods and goods for resale	824,704	596,944	587,533	381,416
	824,704	596,944	587,533	381,416

The difference between purchase price or production cost of stocks and their replacement cost is not material.

15.

Debtors

Group	Group	Company	Company
2025	2024	2025	2024
£	£	£	£


Trade debtors	808,539	1,019,006	520,371	663,429
Other debtors	553,270	633,948	550,594	588,615
Called up share capital not paid	2	2	2	2
Prepayments and accrued income	325,545	160,474	244,527	78,812
	1,687,356	1,813,430	1,315,494	1,330,858

16.	Cash and cash equivalents
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Cash at bank and in hand	1,430,598	905,834	666,387	305,965
	1,430,598	905,834	666,387	305,965

Page 33

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

17.	Creditors: Amounts falling due within one year
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Bank loans	13,888	55,556	13,888	55,556
Trade creditors	1,667,471	1,127,778	1,352,803	833,157
Corporation tax	138,120	125,018	85,968	94,171
Other taxation and social security	415,294	379,475	310,453	273,435
Obligations under finance lease and hire purchase contracts	51,404	26,173	33,772	5,041
Other creditors	10,598	11,362	7,308	247,966
Accruals and deferred income	46,249	43,655	32,357	41,700
	2,343,024	1,769,017	1,836,549	1,551,026

18.	Creditors: Amounts falling due after more than one year
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Bank loans	-	13,888	-	13,888
Net obligations under finance leases and hire purchase contracts	129,615	52,941	94,306	-
	129,615	66,829	94,306	13,888

Page 34

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

19.	Loans
	Analysis of the maturity of loans is given below:
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Amounts falling due within one year
Bank loans	13,888	55,556	13,888	55,556
	13,888	55,556	13,888	55,556
Amounts falling due 1-2 years
Bank loans	-	13,888	-	13,888
	13,888	69,444	13,888	69,444

A loan from Barclays Bank PLC was taken in November 2020. The Loan was for £250,000, repayable
monthly, for a period of 60 months at a variable interest rate.

20.	Hire purchase and finance leases
	Minimum lease payments under hire purchase fall due as follows:
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Within one year	51,404	26,173	33,772	5,041
Between 1-5 years	109,411	52,941	74,102	-
Over 5 years	20,204	-	20,204	-
	181,019	79,114	128,078	5,041

Page 35

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

21.	Deferred taxation
	Group

		2025
		£

	At beginning of year	(327,159)
	Charged to profit or loss	1,555
	At end of year	(325,604)

Company

		2025
		£

	At beginning of year	(262,099)
	Charged to profit or loss	6,819
	At end of year	(255,280)

Group	Group	Company	Company
2025	2024	2025	2024
£	£	£	£

	Accelerated capital allowances	(325,604)	(327,159)	(255,280)	(262,099)
		(325,604)	(327,159)	(255,280)	(262,099)

22.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 (2024 - 1) Ordinary share of £4.00	4	4

Page 36

TOM BROWN WHOLESALE FLORISTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

23.	Related party transactions
	Included within other debtors due within one year are amounts owed by the directors of £85,950 (2024: £10,130). This balance was repaid in full post year end.

24.	Controlling party

The company is controlled by its directors by virtue of their shareholdings.

Page 37