Registrar
Registration number:
Olivers Nurseries Limited
for the Year Ended 31 January 2026
Olivers Nurseries Limited
Contents
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Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Olivers Nurseries Limited
Company Information
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Directors |
C G Granville-Willett J G Willett |
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Registered office |
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Bankers |
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Accountants |
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Olivers Nurseries Limited
(Registration number: 04362544)
Balance Sheet as at 31 January 2026
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Note |
2026 |
2025 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Retained earnings |
853,355 |
740,139 |
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Shareholders' funds |
853,455 |
740,239 |
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.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
.........................................
Director
Olivers Nurseries Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal place of business is: Olivers Nurseries, Maldon Road, Witham, Essex, CM8 3HY.
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention.
These financial statements are presented in Sterling (£), which is the company's functional currency.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax and returns.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company’s activities.
Government grants
Government grants are recognised using the accrual model and are shown within other operating income.
Tax
The tax expense for the period comprises current tax. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Olivers Nurseries Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and buildings over their useful estimated lives, as follows:
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Asset class |
Depreciation method and rate |
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Plant and Machinery |
15% reducing balance |
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Office equipment, fixtures and fittings |
15% reducing balance |
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Motor vehicles |
25% reducing balance |
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Solar panels |
5% straight line |
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Leasehold improvements |
2 - 10% straight line |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits.
Trade debtors
Trade debtors are amounts owed from customers for merchandise sold, services performed or rent receivable in the ordinary course of business.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Trade creditors
Trade creditors are obligations to pay for goods and services that have been acquitted in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated over the useful life of the asset. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the Profit and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.
Defined contribution pension obligation
The company operates a defined contribution pension scheme. Contributions are payable to the company’s pension scheme and are charged to the profit and loss account in the period to which they relate.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Olivers Nurseries Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026
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Tangible assets |
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Leasehold Improvements |
Fixtures, fittings and office equipment |
Motor vehicles |
Solar panels |
Plant and machinery |
Total |
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Cost or valuation |
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At 1 February 2025 |
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Additions |
- |
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- |
- |
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At 31 January 2026 |
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Depreciation |
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At 1 February 2025 |
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Charge for the year |
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At 31 January 2026 |
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Carrying amount |
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At 31 January 2026 |
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At 31 January 2025 |
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Olivers Nurseries Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026
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Stocks |
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2026 |
2025 |
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Growing and bought in stock |
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Debtors |
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2026 |
2025 |
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Trade debtors |
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Prepayments and accrued income |
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Other debtors |
- |
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Creditors |
Creditors: amounts falling due within one year
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Note |
2026 |
2025 |
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Due within one year |
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Loans and borrowings |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Directors loan |
8,271 |
7,981 |
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Creditors: amounts falling due after more than one year
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Note |
2026 |
2025 |
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Due after one year |
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Loans and borrowings |
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Olivers Nurseries Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026
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Share capital |
Allotted, called up and fully paid shares
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2026 |
2025 |
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No. |
£ |
No. |
£ |
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99 |
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99 |
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1 |
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1 |
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Loans and borrowings |
Current loans and borrowings
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2026 |
2025 |
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Bank borrowings |
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Non-current loans and borrowings
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2026 |
2025 |
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Bank borrowings |
- |
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Other borrowings |
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