REGISTERED NUMBER: 12440484 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Master Garden Nutrients Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B P De Bont

REGISTERED OFFICE:

The Old Doctors House

74 Grange Road

Dudley

West Midlands

DY1 2AW

REGISTERED NUMBER:

12440484 (England and Wales)

FIXED ASSETS

Intangible assets

4

2,468

3,703

Tangible assets

5

739

1,558

3,207

5,261

CURRENT ASSETS

Stocks

300,132

1,231,480

Debtors

479,785

451,221

Cash at bank

567,873

273,299

1,347,790

1,956,000

CREDITORS

Amounts falling due within one year

43,994

79,941

NET CURRENT ASSETS

1,303,796

1,876,059

TOTAL ASSETS LESS CURRENT LIABILITIES

1,307,003

1,881,320

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

1,306,903

1,881,220

SHAREHOLDERS' FUNDS

1,307,003

1,881,320

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 director acknowledges his 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 Balance Sheet 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 September 2026 and were signed by:

B P De Bont - Director

1.	STATUTORY INFORMATION

Master Garden Nutrients Limited 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.

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, excluding discounts, rebates, value added tax and other sales taxes.

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.

Website is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Plant and machinery etc

-

50% on cost

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 Income Statement, 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.

Pension costs and other post-retirement benefits

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.

Government grants

The company receives government grants in respect of Covid 19 support. These grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the performance/accrual model. Any restricted grants are held separately and designated against the costs they are intended for.

Wages Furlough Grant are calculated based on a % of the employees' salary. They are value on the consideration they receive during the year.

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

4,937

AMORTISATION

At 1 January 2025

1,234

Amortisation for year

1,235

At 31 December 2025

2,469

NET BOOK VALUE

At 31 December 2025

2,468

At 31 December 2024

3,703

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

5,310

Additions

1,266

At 31 December 2025

6,576

DEPRECIATION

At 1 January 2025

3,752

Charge for year

2,085

At 31 December 2025

5,837

NET BOOK VALUE

At 31 December 2025

739

At 31 December 2024

1,558

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

£

Within one year

70,325

71,503

Between one and five years

-

70,325

70,325

141,828

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary Shares

1

100

100

8.	ULTIMATE CONTROLLING PARTY

The ultimate control party is Erwin Fitzgerald Gregorio Rosario, who owns 100% of the Parent company, Garden of Innovation Holding limited.

Master Garden Nutirients is a 100% wholly own subsidiary of Gardens of Innovation Holding Limited.