Company registration number: 12681130
Annual report and unaudited financial statements
for the year ended 31 August 2026
for
Buddies Nurseries Ltd
Pages for filing with the Registrar
Company registration number: 12681130
Buddies Nurseries Ltd
Balance sheet
as at 31 August 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 5 - 82
Owned:
Tangible assets 5 2,837 -
2,837 82
Current assets
Debtors 6 17,500 13,700
Cash at bank and in hand 85,384 34,044
102,884 47,744
Creditors: amounts falling due within one year
7 (43,422) (17,230)
Net current assets 59,462 30,514
Total assets less current liabilities 62,299 30,596
Creditors: Amounts falling due after more than one year
8 (15,610) (20,663)
NET ASSETS 46,689 9,933
Capital and reserves
Called up share capital 4 4
Profit and loss account 46,685 9,929
TOTAL EQUITY 46,689 9,933
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2026.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12681130
Buddies Nurseries Ltd
Balance sheet - continued
as at 31 August 2026
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 6 October 2026 and signed on its behalf by:
Mr D Whipps, Director
6 October 2026
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Buddies Nurseries Ltd
Notes to the financial statements
for the year ended 31 August 2026
1 Company information
Buddies Nurseries Ltd is a private company registered in England and Wales. Its registered number is 12681130. The company is limited by shares. Its registered office is Cawood Farm, Cawood Lane, Spalding, Lincolnshire, PE11 4HB.
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 historic cost convention.
Adoption of the 2024 periodic review
Buddies Nurseries Ltd has early adopted the amendments arising from the 2024 periodic review applicable to the standard referenced in the basis of preparation statement.
These amendments mandate changes to various accounting policies and expand the required disclosures. The amendments are applied retrospectively, in accordance with paragraph 10.12 of the standard, with such exceptions and transitional arrangements as specified in paragraphs 1.40 to 1.68.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is recognised from sales when a performance obligation under a valid contract with a customer has been satisfied at the transaction price allocated to that obligation. Transaction prices so recognised exclude Value Added Tax and any other sales taxes.
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.
Plant and machinery etc.:
Equipment - 25% reducing balance
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Buddies Nurseries Ltd
Notes to the financial statements - continued
for the year ended 31 August 2026
2 Accounting policies - continued
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.








Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Critical accounting judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.


4 Average number of employees
During the year the average number of employees was 20 (2025 - 19).
5 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 September 2025 499
Additions 3,202
At 31 August 2026 3,701
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Buddies Nurseries Ltd
Notes to the financial statements - continued
for the year ended 31 August 2026
5 Tangible fixed assets - continued
Depreciation
At 1 September 2025 417
Charge for year 447
At 31 August 2026 864
Net book value
At 31 August 2026 2,837
At 31 August 2025 82
6 Debtors
2026 2025
£ £
Other debtors 10,000 13,700
Prepayments and accrued income 7,500 -
17,500 13,700
7 Creditors: amounts falling due within one year
2026 2025
£ £
Bank loans and overdrafts 5,053 4,852
Other creditors 8,748 3,073
Taxation 13,394 4,802
Social security and other tax 4,227 4,503
Accruals and deferred income 12,000 -
43,422 17,230
8 Creditors: amounts falling due after more than one year
2026 2025
£ £
Bank loans 15,610 20,663
9 Advances, credit and guarantees granted to directors
At the year end the company owed the Directors’ £8,051 (2025: -£546).
10 Related party transactions
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Buddies Nurseries Ltd
Notes to the financial statements - continued
for the year ended 31 August 2026
10 Related party transactions - continued
At the year end, the company is due to receive £10,000 (2025: £10,000) by a company associated under common control.
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