EUROPLANTS (UK) LTD - Filleted accounts

Registered number

02570425

EUROPLANTS (UK) LTD

Filleted Accounts

31 January 2026

EUROPLANTS (UK) LTD
Registered number:		02570425
Statement of Financial Position
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	5		2,022,106			2,028,267
Investments	6		2,043,746			2,043,746
			4,065,852			4,072,013

Current assets
Stocks		1,415,122			1,338,621
Debtors	7	733,983			878,064
Cash at bank and in hand		7,038,994			6,383,585
		9,188,099			8,600,270

Creditors: amounts falling due within one year	8	(2,442,324)			(2,195,565)

Net current assets			6,745,775			6,404,705

Total assets less current liabilities			10,811,627			10,476,718


Provisions for liabilities			(61,808)			(65,363)


Net assets			10,749,819			10,411,355

Capital and reserves
Called up share capital			450			450
Profit and loss account			10,749,369			10,410,905

Shareholders' funds			10,749,819			10,411,355

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Valerie Canale			Fabienne Canale
Director			Director
Approved by the board on 3 September 2026			Approved by the board on 3 September 2026

EUROPLANTS (UK) LTD
Notes to the Financial Statements
for the year ended 31 January 2026


1	General Information

	Europlants (UK) Ltd is a company limited by shares, incorporated in England and Wales. Its registered office is Great North,Bell Bar A1000, Nr Hatfield, Hertfordshire, AL9 6DA.



2	Accounting policies

	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
	The individual financial statements of Europlants (UK) Ltd have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going Concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

	Revenue Recognition
	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Sale of goods
	The company sells indoor and outdoor plants together with related sundries during the year. Sale of goods are recognised when the company has delivered plants to the customer and no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products. When plants are delivered revenue is recognised when it is completed. The risk of obsolescence and loss of the plants are considered to have been transferred to the customers when the products are shipped to the location specified by the customer, and the customer has accepted them.

	Interest income
	Interest income is recognised using the effective interest method.


	Rental income
	Rental income from operating leases is recognised on a straight-line basis over the term of the relevant lease unless the lease payments are structured to increase in line with expected general inflation in which case the income is recognised as revenue in accordance with the expected payments. Rental income is included in other income from fixed assets.


	Property, plant and equipment

	Land and buildings are carried at their revalued amounts, being fair value at the date of valuation less subsequent depreciation and impairment losses. Revaluations are performed by professional qualified valuers with sufficient regularity to ensure that the carrying amounts do not differ materially from those that would be determined using fair values at the end of each reporting period. Any accululated depreciation at the date of revaluation is eliminated against the gross carrying amount of the asset and the net amount is restated to the revalued amount of the asset.

	Any revaluation increase in the carrying amount of land and buildings is recognised in other comprehensive income and included in a revaluation reserve in equity, except to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss, in which case the increase is credited to profit and loss to the extent of the decrease previously expended. Decreases that offset previous increases of the same asset are charged in other comprehensive income and debited against revaluation reserve in equity; decreases exceeding the balance in revaluation reserve relating to an asset are recognised in profit or loss. Each year the difference between depreciation based on the revalued carrying amount ofasset recognised in profit and loss and depreciation based on the asset's original cost is transferred from revaluation reserve to retained earnings.

	Land and buildings were carried at cost less accumulated depreciation and impairment in previous periods. The use of a policy of revaluation provides more relevant and reliable information about the vale of the property owned by the company.

	Vehicles and machinery are carried at cost less accumulated depreciation and accumulated impairment losses.

	Land is not depreciated. Depreciation on other assets is calculated so as to write off the cost or
	valuation of an asset, less its residual value, over their estimated useful lives as follows:

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold, industrial buildings and improvements			2% on cost
	Fixtures and fittings			10% on reducing balance
	Motor vehicles			25% on reducing balance
	Plant and machinery			10% on reducing balance


	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Employee benefits
	Short-term employee benefits are recognised as an expense in the period in which they are incurred.

	Post-employment defined contribution plans

	Amounts in respect of defined contributions plans are recognised as an expense as they are incurred.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash on hand and demand deposits and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk to changes in value.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leasing and hire purchase commitments
	Leases are classified as finance leases when they transfer substantially all the risks and rewards of ownership of the leased assets to the company. Other leases that do not transfer substantially all the risks and rewards of ownership of the leased assets to the company are classified as operating leases. Rights to use assets and corresponding obligations to lessors finance leases are recognised in the statement of financial position as assets and liabilities at the lower of fair value of the assets and the present value of the minimum lease payments, determined at the inception of the lease. Lease payments are apportioned between finance charges and reduction of outstanding lease liabilities using the effective interest method, so as to produce a constant rate of interest on the remaining balance of the liabilities. Finance charges are recognised in profit or loss. Assets held under finance leases are included in property, plant and equipment and are depreciated and reviewed for impairment in the same way as assets owned outright. Payments received under operating leases are recognised as income over the lease term on a straight-line basis.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

3	Judgements and key sources of estimation uncertainty
	An entity shall disclose the judgements, apart from those involving estimations, that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements. An entity shall disclose in the notes information about the key assumptions concerning the future, and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. In respect of those assets and liabilities, the notes shall include details of their nature; and their carrying amount as at the end of the reporting period. No significant judgements have had to be made by management in preparing these financial statements.

4	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					30		32


5	Tangible fixed assets
		Leasehold industrial building and improvement	Fixtures, Fittings, Tools and Equipment	Plant and machinery etc	Land and buildings	Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	582,583	174,793	360,672	1,291,773	641,136		3,050,957
	Additions	-	-	-		84,380		84,380
	Disposals	-	-	-		(52,170)		(52,170)
	At 31 January 2026	582,583	174,793	360,672	1,291,773	673,346		3,083,167

	Depreciation
	At 1 February 2025	128,314	114,488	289,465	-	490,423		1,022,690
	Charge for the year	11,652	5,975	7,177	-	56,452		81,256
	On disposals	-		-		(42,885)		(42,885)
	At 31 January 2026	139,966	120,463	296,642	-	503,990		1,061,061

	Net book value
	At 31 January 2026	442,617	54,330	64,030	1,291,773	169,356		2,022,106
	At 31 January 2025	454,269	60,305	71,207	1,291,773	150,713		2,028,267



6	Investments
						2026		2025
£							£
	Interests in M.K.M Nurseries Ltd					2,023,746		2,023,746
	Other investments					20,000		20,000

	At 31 January 2025					2,043,746		2,043,746


	Holding of 100%

	The company holds 100% of the share capital of the following company:

		Type of		Proportion	Country of	Nature of
		shares hold		held %	incorporation	business

	Subsidiary

	MKM Nurseries Ltd	Ordinary		100%	UK	Nursery and
						garden
						services

	On 4 December 2014 Europlants (UK) Ltd acquired the entire share capital of MKM Nurseries Ltd for a cash consideration of £2,023,746. The investment was incurred to increase the market shares of Europlants (UK) Ltd.

	The company has also invested £20,000 to acquire 4 Ordinary shares of £1 each of Oakgrange Ltd in 2016.


7	Debtors					2026		2025
£							£

	Trade debtors					633,653		670,675
	Other debtors					100,330		207,389
						733,983		878,064

	The balance of £100,330 included under other debtors comprises of accrued interest, loans to staff, and prepayments.


8	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					1,971,634		1,754,938
	Corporation Tax					156,854		167,541
	Taxation and social security costs					48,854		27,379
	Accruals and Deferred Income					167,872		167,233
	Other creditors					97,110		78,474
						2,442,324		2,195,565


9	Share Capital

	Share capital		Nominal			2026		2025
			value		Number

	Allotted, called up and fully paid:
	Ordinary shares		£1 each		450	450		450
						450		450


10	Controlling party
	The company was under the control of the director, The Late Mr R A C Canale who holds more than 90% of the voting share capital of the company.


11	Other information

	EUROPLANTS (UK) LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Great North Road
	Bell Bar A1000
	Nr Hatfield
	Hertfordshire

	AL9 6DA