Bodmin Nursery Limited

	Page
Company Information	1
Directors' Report	2
Accountants' Report	3
Profit and Loss Account	4
Balance Sheet	5—6
Notes to the Financial Statements	7—10

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Company No. 11712003

Directors' Report For The Year Ended 31 March 2026

Directors' Report

The directors present their report and the financial statements for the year ended 31 March 2026.

Directors

The directors who held office during the year were as follows:

Mr Mark Lawlor

Mrs Linda Lawlor

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the 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 United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 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 of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies 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 company 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 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 hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

Mrs Linda Lawlor

Director

6th July 2026

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Bodmin Nursery Limited

Accountants' Report

For The Year Ended 31 March 2026

Accountants' Report

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bodmin Nursery Limited for the year ended 31 March 2026 which comprise the Profit and Loss Account, the Balance Sheet, 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 Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the directors of Bodmin Nursery Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bodmin Nursery Limited and state those matters that we have agreed to state to the directors of Bodmin Nursery Limited in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Bodmin Nursery 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 Bodmin Nursery Limited . You consider that Bodmin Nursery 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 Bodmin Nursery 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.

Lan Eadie FCMA, CGMA, ACMA, MiP

6th July 2026

TaxAssist Accountants

Chartered Management Accountants

106 Kenwyn Street

Truro

TR1 3BX

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Bodmin Nursery Limited

Profit and Loss Account

For The Year Ended 31 March 2026

Profit and Loss Account

		2026	2025
	Notes	£	£
TURNOVER		2,347,918	2,217,968
Cost of sales		(917,460 )	(855,484 )

GROSS PROFIT		1,430,458	1,362,484

Distribution costs		(11,820 )	-
Administrative expenses		(1,521,435 )	(1,113,962 )
Other operating income		-	6,445

OPERATING (LOSS)/PROFIT		(102,797 )	254,967
Other interest receivable and similar income		13,198	8,916
Interest payable and similar charges		(13,998 )	(5,920 )

(LOSS)/PROFIT BEFORE TAXATION		(103,597 )	257,963
Tax on (Loss)/profit		4,482	(69,497 )

(LOSS)/PROFIT AFTER TAXATION BEING (LOSS)/PROFIT FOR THE FINANCIAL YEAR		(99,115 )	188,466

The notes on pages 7 to 10 form part of these financial statements.

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Bodmin Nursery Limited

Balance Sheet

As At 31 March 2026

Balance Sheet

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		201,600		212,800
Tangible Assets	5		490,898		523,893

			692,498		736,693
CURRENT ASSETS
Stocks	6	300,000		210,000
Debtors	7	8,011		5,529
Cash at bank and in hand		297,177		508,871

		605,188		724,400
Creditors: Amounts Falling Due Within One Year	8	(457,350 )		(511,921 )

NET CURRENT ASSETS (LIABILITIES)			147,838		212,479

TOTAL ASSETS LESS CURRENT LIABILITIES			840,336		949,172

Creditors: Amounts Falling Due After More Than One Year	9		(11,772 )		(14,503 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(24,614 )		(31,604 )

NET ASSETS			803,950		903,065

CAPITAL AND RESERVES
Called up share capital	11		200		200
Share premium account			279,800		279,800
Profit and Loss Account			523,950		623,065

SHAREHOLDERS' FUNDS			803,950		903,065

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Bodmin Nursery Limited

Balance Sheet (continued)

As At 31 March 2026

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mrs Linda Lawlor

Director

6th July 2026

The notes on pages 7 to 10 form part of these financial statements.

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Bodmin Nursery Limited

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Bodmin Nursery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11712003 . The registered office is Laveddon Mill, Laninval Hill, Bodmin, Cornwall, PL30 5JU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold Improvements	Straightline 2%
Leasehold	Straightline 2%
Plant & Machinery	Reducing 25%
Motor Vehicles	Reducing 33%
Fixtures & Fittings	Reducing 25%
Computer Equipment	Reducing 25%

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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Bodmin Nursery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 42 (2025: 42)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	280,000

As at 31 March 2026	280,000

Amortisation
As at 1 April 2025	67,200
Provided during the period	11,200

As at 31 March 2026	78,400

Net Book Value
As at 31 March 2026	201,600

As at 1 April 2025	212,800

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Bodmin Nursery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Tangible Assets

	Land & Property
	Leasehold	Renewable Energy Generation	Plant & Machinery	Motor Vehicles
	£	£	£	£
Cost
As at 1 April 2025	441,001	57,002	58,279	46,910
Additions	4,014	-	-	-

As at 31 March 2026	445,015	57,002	58,279	46,910

Depreciation
As at 1 April 2025	43,523	16,853	28,486	31,992
Provided during the period	8,905	5,700	7,448	4,923

As at 31 March 2026	52,428	22,553	35,934	36,915

Net Book Value
As at 31 March 2026	392,587	34,449	22,345	9,995

As at 1 April 2025	397,478	40,149	29,793	14,918


	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	86,632	37,947	727,771
Additions	-	333	4,347

As at 31 March 2026	86,632	38,280	732,118

Depreciation
As at 1 April 2025	57,187	25,837	203,878
Provided during the period	7,255	3,111	37,342

As at 31 March 2026	64,442	28,948	241,220

Net Book Value
As at 31 March 2026	22,190	9,332	490,898

As at 1 April 2025	29,445	12,110	523,893

6. Stocks

	2026	2025
	£	£
Stock	300,000	210,000

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Bodmin Nursery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	5,825	2,569
Other debtors	2,186	2,960

	8,011	5,529

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	(1,212 )	2,502
Trade creditors	399,456	328,693
Other creditors	33,119	48,256
Taxation and social security	25,987	132,470

	457,350	511,921

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	11,772	14,503

10. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	6,445
Later than one year and not later than five years	11,772	14,503

	11,772	20,948
Less: Finance charges allocated to future periods	1,212	3,943

	10,560	17,005

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	200	200

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