REGISTERED NUMBER: 04553294 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

The Downham Country Garden Store Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

5

1,596,315

1,622,284

Current assets

Stocks

319,750

386,531

Debtors

6

35,470

37,538

Cash at bank and in hand

47,123

146,036

402,343

570,105

Creditors

Amounts falling due within one year

7

(2,202,909

)

(2,144,600

)

Net current liabilities

(1,800,566

)

(1,574,495

)

Total assets less current liabilities

(204,251

)

47,789

Provisions for liabilities

(108,576

)

(36,125

)

Net (liabilities)/assets

(312,827

)

11,664

Capital and reserves

Called up share capital

1,000

1,000

Retained earnings

(313,827

)

10,664

(312,827

)

11,664

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2026 and were signed on its behalf by:

Mr T J B Glover - Director

1.	Statutory information

The Downham Country Garden Store Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04553294

Registered office:

Hill House Farm

Bath Road

West Dereham

King's Lynn

Norfolk

PE33 9TP

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparation

The financial statements have been prepared on a going concern basis under the historical cost basis, as modified by the revaluation of certain financial assets and liabilities.

The financial statements are prepared in sterling, which is the functional currency of the entity. Amounts are rounded to the nearest whole pound sterling.

Going concern

The directors consider that the company has adequate resources to continue in operational existence for the forseeable future and have therefore prepared these financial statements on a going concern basis.

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.

(i) Useful economic lives of tangible assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancements, future investments, economic utilisation and the physical condition of the assets.

(ii) Taxation

The company establishes provisions based on reasonable estimates, for possible consequences of audits by the tax authorities. The amount of such provisions is based on various factors, such as experience with previous tax audits and differing interpretations of tax regulations by the taxable entity and the responsible tax authority.

Turnover

Turnover consists of sales through a retail store, and coffee shop and restaurant. Turnover for goods supplied and services rendered, is reported net of returns, vouchers and value added tax.

Turnover is recognised when the significant risks and rewards of ownership have been transferred to the buyer net of returns and discount. Turnover from sales with the store, and coffee shop and restaurant are recognised at the point at which the goods are provided.

Tangible assets

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

Freehold property

-

2% straight line

Greenhouses

-

4% on cost

Plant and machinery

-

25% p.a. reducing balance

Fixtures and fittings

-

15% p.a. reducing balance

Motor vehicles

-

25% p.a. reducing balance

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

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. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

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 entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

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

Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

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.

Employee termination benefits

Redundancy costs are recognised when the company is demonstrably committed to terminating the employment of an employee before the normal retirement date. Redundancy payments are recognised and charged to profit or loss in the period in which the obligation arises.

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 balance sheet and the

amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

The provision for the customer loyalty programme has been recognised against sales in accordance with FRS 102 section 23.

4.	Employees and directors

The average number of employees during the year was 41 (2024 - 43 ) .

5.	Tangible fixed assets

Freehold

Plant and

property

Greenhouses

machinery

£

£

£

Cost

At 1 January 2025

1,391,608

427,430

114,130

Additions

-

22,245

1,500

Disposals

-

-

-

At 31 December 2025

1,391,608

449,675

115,630

Depreciation

At 1 January 2025

131,546

204,611

75,937

Charge for year

27,832

17,097

9,846

Eliminated on disposal

-

-

-

At 31 December 2025

159,378

221,708

85,783

Net book value

At 31 December 2025

1,232,230

227,967

29,847

At 31 December 2024

1,260,062

222,819

38,193

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

Cost

At 1 January 2025

391,620

12,500

2,337,288

Additions

28,236

-

51,981

Disposals

-

(12,500

)

(12,500

)

At 31 December 2025

419,856

-

2,376,769

Depreciation

At 1 January 2025

299,394

3,516

715,004

Charge for year

14,191

486

69,452

Eliminated on disposal

-

(4,002

)

(4,002

)

At 31 December 2025

313,585

-

780,454

Net book value

At 31 December 2025

106,271

-

1,596,315

At 31 December 2024

92,226

8,984

1,622,284

6.

Debtors: amounts falling due within one year

31.12.25

31.12.24

£

£

Trade debtors

-

2,334

Amounts owed by group undertakings

-

1,539

Other debtors

35,470

33,665

35,470

37,538

Trade debtors are stated after provision for doubtful debts of £1,000 (2024: £Nil).

7.

Creditors: amounts falling due within one year

31.12.25

31.12.24

£

£

Trade creditors

286,349

245,535

Amounts owed to group undertakings

1,768,343

1,772,732

Taxation and social security

103,378

87,033

Other creditors

44,839

39,300

2,202,909

2,144,600

8.	Related party disclosures

The company has taken advantage of the exemption provided in FRS102 Section 1A from disclosing related party transactions concerning wholly owned group companies, on the basis that results are consolidated in the financial statements of its parent company.

There are no further transactions which require disclosure under FRS102 Section 1A.