Company registration number 02930180 (England and Wales)
GARDEN HOUSE ENTERPRISES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
PAGES FOR FILING WITH REGISTRAR
GARDEN HOUSE ENTERPRISES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
GARDEN HOUSE ENTERPRISES LIMITED
BALANCE SHEET
AS AT 31 JANUARY 2026
31 January 2026
- 1 -
2026
2025
Notes
£
£
£
£
Current assets
Stocks
11,124
9,819
Debtors
5
10,689
4,014
Cash at bank and in hand
3,713
6,778
25,526
20,611
Creditors: amounts falling due within one year
6
(19,573)
(10,948)
Net current assets
5,953
9,663
Creditors: amounts falling due after more than one year
7
(18,219)
(24,239)
Net liabilities
(12,266)
(14,576)
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(12,268)
(14,578)
Total equity
(12,266)
(14,576)

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 7 August 2026 and are signed on its behalf by:
Mr M Brunsdon
Director
Company registration number 02930180 (England and Wales)
GARDEN HOUSE ENTERPRISES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
- 2 -
1
Accounting policies
Company information

Garden House Enterprises Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Garden House, Buckland Monachorum, Yelverton, Devon, PL20 7LQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The company made a small profit in the year to 31 January 2026 but has net liabilities at the year-end as a result of losses made in previous years. Despite the net liabilities at that date, it continues to have net current assets as a result of a 'bounce back' loan that is being repaid over a number of years. The directors are therefore confident that with the improvement in trading performance relative to earlier years that the company will be able to pay its debts as they fall due for the foreseeable future.

The company's activities boost the charitable income of its parent by attracting more visitors and enhancing the visitor experience. The parent charity's trustees are mindful of the critical role that the company plays in enabling the charity to fulfil its charitable activities and will take this into account should the company require future support.

1.3
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 where applicable. Turnover consists of cafe, shop and plant sales plus event income. Turnover is adjusted for event income billed in advance as appropriate.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% per annum on cost
Computers
25% per annum on cost

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.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stocks comprise of cafe food, drink and consumables and shop stock.

GARDEN HOUSE ENTERPRISES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 3 -
1.6
Deferred tax

Deferred taxation would normally be recognised on timing differences that result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date. Timing differences arise from the inclusion of items of income and expenditure in taxation computations in periods different from those in which they are included in the financial statements. However, deferred tax assets and liabilities are not recognised as the C ompany has a policy to eliminate taxable profits by making Gift Aid payments and therefore no asset or liability is likely to arise.

1.7

Gift Aid

Gift Aid donations are made to the parent undertaking, The Fortescue Garden Trust. The estimate of Gift Aid payable is the lesser of the C ompany’s taxable profits for the period and the balance of the C ompany’s reserves which is available for distribution. Donations to The Fortescue Garden Trust are paid within 9 months of the Company year end and are accounted for when paid.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
15
12
3
Taxation
2026
2025
£
£
Current tax
UK corporation tax on profits for the current period
2,357
2,211
Brought forward tax losses utilised
(2,357)
-
0
Tax relief in respect of Gift Aid
-
(2,211)
Total UK current tax
-
0
-
0
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2025 and 31 January 2026
9,274
Depreciation and impairment
At 1 February 2025 and 31 January 2026
9,274
Carrying amount
At 31 January 2026
-
0
At 31 January 2025
-
0
GARDEN HOUSE ENTERPRISES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 4 -
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
372
820
Amounts owed by group undertakings
7,053
-
0
Other debtors
3,264
3,194
10,689
4,014
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans
5,900
5,800
Trade creditors
5,840
325
Amounts owed to group undertakings
-
0
340
Taxation and social security
3,638
2,909
Other creditors
4,195
1,574
19,573
10,948
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
18,219
24,239
Creditors which fall due after five years are payable as follows:
Payable by instalments
518
1,038
8
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

Garden House Enterprises Limited generates income for its parent charity The Fortescue Garden Trust (FGT) by the running of a café, plant and shop sales and garden events. During the year, costs of £273,279 have been paid by the c harity on behalf of the limited company and the limited company has made repayments of £280,672 to the charity. As at the balance sheet date, the amount owed by FGT was £7,053 (2025: balance due to FGT £340).

9
Parent entity

The company is wholly owned by The Fortescue Garden Trust, a Trust registered with the Charity Commission in England and Wales. The principal office of the Trust is located at The Garden House, Buckland Monachorum, Yelverton, Devon PL20 7LQ.

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