REGISTERED NUMBER: 06294481 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Chapmans Nurseries Ltd

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

K Jenkinson

Mrs S A Baker

SECRETARY:

Mrs D Carter

REGISTERED OFFICE:

Chapmans Nurseries

Burton Road

Rosliston

Swadlincote

Derbyshire

DE12 8JX

REGISTERED NUMBER:

06294481 (England and Wales)

ACCOUNTANTS:

Bourne & Co

Chartered Accountants

6 Lichfield Street

Burton-on-Trent

Staffordshire

DE14 3RD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

56,631

54,021

56,631

54,021

CURRENT ASSETS

Stocks

385,000

380,000

Debtors

892

546

Cash at bank and in hand

8,518

2,362

394,410

382,908

CREDITORS

Amounts falling due within one year

223,312

182,393

NET CURRENT ASSETS

171,098

200,515

TOTAL ASSETS LESS CURRENT LIABILITIES

227,729

254,536

CREDITORS

Amounts falling due after more than one year

6

(96,356

)

(113,854

)

PROVISIONS FOR LIABILITIES

9

(8,889

)

(7,635

)

NET ASSETS

122,484

133,047

CAPITAL AND RESERVES

Called up share capital

10

100

100

Share premium

149,878

149,878

Retained earnings

(27,494

)

(16,931

)

SHAREHOLDERS' FUNDS

122,484

133,047

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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Statement of Financial Position for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 September 2026 and were signed on its behalf by:

K Jenkinson - Director

1.	STATUTORY INFORMATION

Chapmans Nurseries Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents sales of goods in the normal course of business, net of discounts, value added tax and other sales taxes. Sales of goods are recognised when title has passed to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Retail shop

-

10% on reducing balance

Implements & equipment

-

20% on reducing balance

Installations

-

10% on reducing balance

Motor vehicles & tractors

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Tangible fixed assets are included at cost less depreciation and impairment.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Debtors

Short term debtors are measured at transaction price less any impairment. Any losses arising from impairment are recognised in profit or loss.

Creditors

Short term creditors are measured at transaction price less any impairment. Any losses arising from impairment are recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

and 31 December 2025

35,427

AMORTISATION

At 1 January 2025

and 31 December 2025

35,427

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

232,626

Additions

20,232

Disposals

(59,642

)

At 31 December 2025

193,216

DEPRECIATION

At 1 January 2025

178,605

Charge for year

9,880

Eliminated on disposal

(51,900

)

At 31 December 2025

136,585

NET BOOK VALUE

At 31 December 2025

56,631

At 31 December 2024

54,021

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 January 2025

and 31 December 2025

16,390

DEPRECIATION

Charge for year

4,097

At 31 December 2025

4,097

NET BOOK VALUE

At 31 December 2025

12,293

At 31 December 2024

16,390

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.12.25

31.12.24

£

£

Repayable by instalments

Bank loans more than 5 years

52,104

62,598

7.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.12.25

31.12.24

£

£

Net obligations repayable:

Within one year

5,566

5,070

Between one and five years

6,062

11,629

11,628

16,699

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

102,035

116,782

9.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

8,889

7,635

Deferred

tax

£

Balance at 1 January 2025

7,635

Accelerated capital allowances

1,254

Balance at 31 December 2025

8,889

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

1

100

100