The Green House Sussex Ltd

	Page
Strategic Report	1
Directors' Report	2—3
Independent Auditor's Report	4—6
Profit and Loss Account	7
Statement of Comprehensive Income	8
Balance Sheet	9
Statement of Changes in Equity	10
Statement of Cash Flows	11
Notes to the Statement of Cash Flows	12
Notes to the Financial Statements	13—19

The directors present their strategic report for the year ended 30 November 2025.

Review of the Business

A summary of the results and key performance indicators are as follows:

Summary of financial results

Turnover increased from £9,801,697 to £12,509,518 for the year ended 30th November 2025 and gross profit increased from £1,045,983 to £1,180,911. The gross profit margin was 9.44% compared to 10.67% last year and the overall result for the year was a net loss of £160,322 compared to a net loss for the previous year of £866,665. The loss has reduced the company's net assets from £353,836 at 30th November 2024 to £193,514 at 30th November 2025. Reasons for the financial performance are outlined below.

Review of the business

The main activity of the company continues to be the growing and packing of tomatoes on the vine for sale to UK retailers. In addition, the company sells cucumbers and other products produced by other UK growers to its customers. Some of the growing facilities were also rented to a third-party grower of soft fruit. Following the impact of Tomato brown rugose virus (ToBRFV) in some of crops during the 2023 season, the management refined its choice of resistant varieties and achieved improved yields compared with 2024. Energy costs rose only slightly thanks to ongoing favorable contracts but inflation in labour particularly increased National Insurance on seasonal and part time workers, transport and material costs led to the reported loss.

Future performance

The company has simplified its customer base and product range for the 2025 season to help control cost increases and drive out operating expenditure in particular transport and labour. However, energy costs will increase due to less favorable forward contracts than in recent seasons.

The company has installed 5G technology and updated growing environment controls as part of a local demonstration project. The benefits of this project will contribute to performance in 2026.

Principal risks and uncertainties

Gas prices, although hedged again for the 2026 season, remain a risk in the longer term in particular due to global uncertainties. Availability of staff to harvest and pack fruit is currently not a significant concern. Pests and diseases in the tomato crops are an ongoing threat which all staff are made aware of and strict hygiene measures implemented to control the risks.

On behalf of the board

Mr N Stevenson

Director

28th August 2026

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The Green House Sussex Ltd

Company No. 02648918

Directors' Report For The Year Ended 30 November 2025

Directors' Report

The directors present their report and the financial statements for the year ended 30 November 2025.

Principal Activity

The principal activity continues to be that of tomato producers.

Dividends

No dividends have been declared during the year and none are currently proposed.

Directors

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

Mr R Diplock

Mr N Stevenson

Statement of Directors' Responsibilities

The directors are responsible for preparing the Strategic Report, 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, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', 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;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
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.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Directors' Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

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The Green House Sussex Ltd

Directors' Report (continued)

For The Year Ended 30 November 2025

Independent Auditors

The auditors, Bromley Clackett Limited, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Mr N Stevenson

Director

28th August 2026

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Independent Auditor's Report

to the Members of

The Green House Sussex Ltd

Independent Auditor's Report

Opinion

We have audited the financial statements of The Green House Sussex Ltd for the year ended 30 November 2025 which comprise the Profit and Loss Account, Statement of Comprehensive Income, Balance Sheet, Statement of Changes of Equity, Cash Flow Statement 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 (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 30 November 2025 and of its profit/(loss) 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 company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'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 entity's ability to continue as a going concern for a period of at least 12 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.

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. In connection with our audit of the financial statements, 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 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.

Opinions 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 Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements.

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Independent Auditor's Report (continued)

to the Members of

The Green House Sussex Ltd

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the 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, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records or 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.

Responsibilities of Directors

As explained more fully in the Directors' Responsibilities Statement set out on page 2—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 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 company or to cease operations, or have no realistic alternative but to do so.

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 financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The objectives of our audit in respect of fraud, are; to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses to those assessed risks; and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with management of the company.

- We obtained an understanding of the legal and regulatory requirements applicable to the company and considered that the most significant are the Companies Act 2006, Financial reporting Standard 102 and tax legislation.

- We communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

- We inquired of management as to any known instances of irregularities or non-compliance with laws and regulations.

- We agreed the financial statement disclosures to underlying supporting documentation and performed detailed testing on accounts balances which were considered to be at a greater risk of susceptibility to fraud.

As part of an audit in accordance with ISAs (UK) we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purposes of expressing an opinion on the effectiveness of the company’s internal control.

- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors.

- Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with management regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

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

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Independent Auditor's Report (continued)

to the Members of

The Green House Sussex Ltd

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 that 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.

Lee Clackett (Senior Statutory Auditor)

for and on behalf of Bromley Clackett Limited , Statutory Auditor

29th August 2026

Bromley Clackett Limited

76 Aldwick Road

Bognor Regis

West Sussex

PO21 2PE

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The Green House Sussex Ltd

Profit and Loss Account

For The Year Ended 30 November 2025

Profit and Loss Account

		2025	2024
	Notes	£	£
TURNOVER		12,509,518	9,801,697
Cost of sales		(11,328,607 )	(8,755,714 )

GROSS PROFIT		1,180,911	1,045,983

Distribution costs		(953,265 )	(892,580 )
Administrative expenses		(834,240 )	(1,336,327 )
Other operating income		266,519	210,048

OPERATING LOSS	4	(340,075 )	(972,876 )
Profit on disposal of fixed assets		81,833	-
Other interest receivable and similar income	9	23,217	49,636

LOSS BEFORE TAXATION		(235,025 )	(923,240 )
Tax on Loss	10	74,703	56,575

LOSS AFTER TAXATION BEING LOSS FOR THE FINANCIAL YEAR		(160,322 )	(866,665 )

The notes on pages 12 to 19 form part of these financial statements.

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The Green House Sussex Ltd

Statement of Comprehensive Income

For The Year Ended 30 November 2025

Statement of Comprehensive Income

	2025	2024
	£	£
LOSS FOR THE FINANCIAL YEAR	(160,322 )	(866,665 )
OTHER COMPREHENSIVE INCOME FOR THE YEAR	-	-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR	(160,322 )	(866,665 )

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The Green House Sussex Ltd

Balance Sheet

As At 30 November 2025

Balance Sheet

Registered number: 02648918

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	11		769,576		830,483
Investments	12		250,052		250,052

			1,019,628		1,080,535
CURRENT ASSETS
Stocks	13	162,778		253,006
Debtors	14	3,545,273		3,496,428
Cash at bank and in hand		525,517		410,232

		4,233,568		4,159,666
Creditors: Amounts Falling Due Within One Year	15	(4,848,661 )		(4,701,715 )

NET CURRENT ASSETS (LIABILITIES)			(615,093 )		(542,049 )

TOTAL ASSETS LESS CURRENT LIABILITIES			404,535		538,486

Creditors: Amounts Falling Due After More Than One Year	16		(109,851 )		(8,777 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	17		(101,170 )		(175,873 )

NET ASSETS			193,514		353,836

CAPITAL AND RESERVES
Called up share capital	19		25,000		25,000
Profit and Loss Account			168,514		328,836

SHAREHOLDERS' FUNDS			193,514		353,836

On behalf of the board

Mr N Stevenson

Director

28th August 2026

The notes on pages 12 to 19 form part of these financial statements.

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The Green House Sussex Ltd

Statement of Changes in Equity

For The Year Ended 30 November 2025

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 December 2023	25,000	1,195,501	1,220,501
Loss for the year and total comprehensive income	-	(866,665 )	(866,665)

As at 30 November 2024 and 1 December 2024	25,000	328,836	353,836


Loss for the year and total comprehensive income	-	(160,322 )	(160,322)

As at 30 November 2025	25,000	168,514	193,514

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The Green House Sussex Ltd

Statement of Cash Flows

For The Year Ended 30 November 2025

Statement of Cash Flows

		2025	2024
	Notes	£	£
Cash flows from operating activities
Net cash generated from/(used in) operations	1	210,919	(899,162 )
Tax refunded/(paid)		58,154	(58,154 )

Net cash generated from/(used in) operating activities		269,073	(957,316 )

Cash flows from investing activities
Purchase of tangible assets		(158,606 )	(113,594 )
Proceeds from disposal of tangible assets		176,546	-
Interest received		23,217	49,636

Net cash generated from/(used in) investing activities		41,157	(63,958 )

Cash flows from financing activities
Loans from group undertakings		-	738,670
Loan repayments to group undertakings		(194,945)	-

Net cash (used in)/generated from financing activities		(194,945 )	738,670



Increase/(decrease) in cash and cash equivalents		115,285	(282,604 )
Cash and cash equivalents at beginning of year	2	410,232	692,836

Cash and cash equivalents at end of year	2	525,517	410,232

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The Green House Sussex Ltd

Notes to the Statement of Cash Flows

For The Year Ended 30 November 2025

Notes to the Statement of Cash Flows

1. Reconciliation of loss for the financial year to cash generated from/(used in) operations

	2025	2024
	£	£
Loss for the financial year	(160,322 )	(866,665 )
Adjustments for:
Tax on loss	(74,703 )	(56,575 )
Interest income	(23,217 )	(49,636 )
Depreciation of tangible assets	124,800	120,918
Profit on disposal of tangible assets	(81,833)	-
Movements in working capital:
Decrease in stocks	90,228	20,043
Increase in trade and other debtors	(106,999 )	(149,917 )
Increase in trade and other creditors	442,965	82,670

Net cash generated from/(used in) operations	210,919	(899,162 )

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2025	2024
	£	£
Cash at bank and in hand	525,517	410,232

3. Analysis of changes in net funds

	As at 1 December 2024	Cash flows	As at 30 November 2025
	£	£	£
Cash at bank and in hand	410,232	115,285	525,517

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The Green House Sussex Ltd

Notes to the Financial Statements

For The Year Ended 30 November 2025

Notes to the Financial Statements

1. General Information

The Green House Sussex Ltd is a private company, limited by shares, incorporated in England and Wales. The company's registered number and registered office can be found on the Company Inforamtion page.

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 "The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.

The financial statements are presented in Sterling and are rounded to the nearest pound.

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.

2.3. 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:

Freehold	2% on cost
Plant & Machinery	15% on reducing balance, 10% straight line

The company makes no provision for depreciation of freehold land in accordance with generally accepted accounting principles and as permitted by the Companies Act.

It is the company's policy to capitalise plant and machinery expenditure where the original cost of an item is more than £1,000 and meets the criteria for recogntion as a fixed asset in accordance with accounting standards.

2.4. Investments

Investments in associate undertakings are recognised at cost.

2.5. 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.

2.6. Financial Instruments

Financial instruments are measured at transaction price, adjusted for transaction costs and are not measured at fair value. The company assesses any evidence of impairment at the end of each reporting period.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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The Green House Sussex Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

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.

2.9. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Other Operating Income

	2025	2024
	£	£
Rental income	72,266	69,536
Other operating income	194,253	140,512

	266,519	210,048

Grant income from the West Sussex County Council was received during the year ended 30th November 2025 of £162,126 of which £148,111 has been carried forward to match expenditure incurred since the end of the year and in respect of expenditure on fixed assets that will be released to the profit and loss account over the useful life of the asset concerned. During the year ended 30th November 2025 grant income of £15,564 was released to the profit and loss account including £1,549 relating to a historical grant.

4. Operating Loss

The operating loss is stated after charging:

	2025	2024
	£	£
Depreciation of tangible fixed assets	124,800	120,918

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The Green House Sussex Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

5. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the year was as follows:

	2025	2024
	£	£
Audit Services
Audit of the company's financial statements	6,500	6,500

6. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2025	2024
	£	£
Wages and salaries	3,364,877	3,010,449
Social security costs	338,837	289,387
Other pension costs	66,000	69,298

	3,769,714	3,369,134

7. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2025	2024
Directors	2	2
Management	13	7
Direct labour	85	96

	100	105

8. Directors' remuneration

	2025	2024
	£	£
Emoluments	66,378	100,266

The number of directors to whom retirement benefits were accruing was as follows:

	2025		2024
Money purchase pension schemes	2		2

9. Interest Receivable and Similar Income

	2025	2024
	£	£
Bank interest receivable	23,217	49,636

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The Green House Sussex Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

10. Tax on Profit

The tax credit on the loss for the year was as follows:

	Tax Rate		2025	2024
	2025	2024	£	£
Current tax
UK Corporation Tax	25.0%	25.0%	-	(58,154 )
Deferred Tax
Origination and reversal of timing differences			(74,703 )	1,579


Total tax charge for the period			(74,703 )	(56,575 )

The actual credit for the year can be reconciled to the expected credit for the year based on the loss and the standard rate of corporation tax as follows:

	2025	2024
	£	£
Profit before tax	(235,025)	(923,240)

Tax on profit at 25% (UK standard rate)	(58,756 )	(230,810 )
Goodwill/depreciation not allowed for tax	(12,789 )	2,301
Difference in tax rates	-	5,027
Revenue exempt from taxation	(387 )	(456 )
Group relief	65,384	105,206
Indexation allowance on capital gains	(5,998 )	-
Deferred tax from unrecognised tax loss or credit	(62,157 )	-
Tax losses for which no deferred tax was recognised	-	62,157

Total tax charge for the period	(74,703)	(56,575)

11. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 December 2024	193,414	4,028,136	4,221,550
Additions	-	158,606	158,606
Disposals	(160,051 )	(14,700 )	(174,751 )

As at 30 November 2025	33,363	4,172,042	4,205,405

Depreciation
As at 1 December 2024	87,966	3,303,101	3,391,067
Provided during the period	7,112	117,688	124,800
Disposals	(65,338 )	(14,700 )	(80,038 )

As at 30 November 2025	29,740	3,406,089	3,435,829

...CONTINUED

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The Green House Sussex Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

Net Book Value
As at 30 November 2025	3,623	765,953	769,576

As at 1 December 2024	105,448	725,035	830,483

12. Investments

	Unlisted	Other	Total
	£	£	£
Cost or Valuation
As at 1 December 2024	52	250,000	250,052

As at 30 November 2025	52	250,000	250,052

Provision
As at 1 December 2024	-	-	-

As at 30 November 2025	-	-	-

Net Book Value
As at 30 November 2025	52	250,000	250,052

As at 1 December 2024	52	250,000	250,052

13. Stocks

	2025	2024
	£	£
Raw materials and consumables	162,778	253,006

14. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	426,835	369,742
Amounts owed by group undertakings	3,009,259	3,009,259
Other debtors	109,179	117,427

	3,545,273	3,496,428

15. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	585,074	227,384
Amounts owed to group undertakings	3,722,407	3,917,352
Other creditors	74,968	124,079
Taxation and social security	95,216	74,548
Accruals and deferred income	370,996	358,352

	4,848,661	4,701,715

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The Green House Sussex Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

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

	2025	2024
	£	£
Accruals and deferred income	109,851	8,777

17. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Accelerated capital allowances	186,771	175,873
Tax losses carried forward	(85,601 )	-

	101,170	175,873

18. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 December 2024	175,873	175,873
Origination and reversal of timing differences	(74,703 )	(74,703 )

Balance at 30 November 2025	101,170	101,170

19. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
500,000 Ordinary Shares of £ 0.05 each	25,000	25,000

20. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	1,212,830	1,473,566
Later than one year and not later than five years	1,303,680	-

	2,516,510	1,473,566

21. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

During the year the charge to profit or loss in respect of defined contribution schemes was £66,000 (2024: £69,298).

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The Green House Sussex Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

22. Related Party Disclosures

The directors, Mr N Stevenson and Mr D Stevenson, are shareholders of The Green House Growers Limited. The Green House Norwich Limited and The Green House Sales Limited are members of the The Green House Growers Limited group of companies. During the year ended 30th November 2025, the company purchased cucumbers for £5,340,240 (2024: £3,296,510) from The Green House Norwich Limited and subsequently The Green House Sales Limited which were sold for no margin. At 30th November 2025 an amount was owed to The Green House Sales Limited of £121,729.

23. Controlling Parties

The company's immediate parent undertaking is The Green House Sussex Holdings Limited .

The ultimate parent undertaking and that of the smallest and largest group for which group accounts are drawn up of which the company is a member is Pollards Nurseries Limited (incorporated in England & Wales). Its registered office is 76 Aldwick Road, Bognor Regis, West Sussex, PO21 2PE. .

Copies of the group accounts may be obtained from the company's registered office.

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