Daisy Clough Nurseries Ltd - Period Ending 2026-01-31

Registration number: 08430131

Daisy Clough Nurseries Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2026

Daisy Clough Nurseries Ltd

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 11

Daisy Clough Nurseries Ltd

Company Information

Directors

Miss R C Riding

Mrs JE Tate

Mr T A R Riding

Registered office

Daisy Clough
Station Lane
Scorton
Lancashire
PR3 1AN

Accountants

McDade Roberts Accountants Ltd
Chartered Accountants316 Blackpool Road
Preston
Lancashire
PR2 3AE

Daisy Clough Nurseries Ltd

(Registration number: 08430131)
Statement of Financial Position as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	37,722	56,827
Current assets
Stocks	5	204,811	188,019
Debtors	6	9,413	2,220
Cash at bank and in hand		531	540
		214,755	190,779
Creditors: Amounts falling due within one year	7	(185,631)	(137,693)
Net current assets		29,124	53,086
Total assets less current liabilities		66,846	109,913
Creditors: Amounts falling due after more than one year	7	(21,075)	(39,452)
Provisions for liabilities		(7,167)	(4,434)
Net assets		38,604	66,027
Capital and reserves
Called up share capital		100	100
Retained earnings		38,504	65,927
Shareholders' funds		38,604	66,027

Daisy Clough Nurseries Ltd

(Registration number: 08430131)
Statement of Financial Position as at 31 January 2026 (continued)

For the financial year ending 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:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 29 October 2026 and signed on its behalf by:

.........................................
Mrs JE Tate
Director

Daisy Clough Nurseries Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Daisy Clough
Station Lane
Scorton
Lancashire
PR3 1AN

These financial statements were authorised for issue by the Board on 29 October 2026.

2	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 except that as disclosed in the accounting policies certain items are shown at fair value.

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 sales/value added tax, returns, rebates and discounts.

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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, 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.

Daisy Clough Nurseries Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

2	Accounting policies (continued)

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 in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant And Machinery	20% on cost
Fixtures And Fittings	20% on cost
Motor Vehicles	20% on cost
Office equipment	33% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call 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 of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Daisy Clough Nurseries Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

2	Accounting policies (continued)

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Daisy Clough Nurseries Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

2	Accounting policies (continued)

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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 on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation.

Lease payments are apportioned between finance costs in the income statement and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 25 (2025 - 9).

Daisy Clough Nurseries Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

4	Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
£

Total
£

Cost or valuation

At 1 February 2025

211,435

22,000

-

13,000

246,435

Additions

1,384

1,020

2,618

-

5,022

At 31 January 2026

212,819

23,020

2,618

13,000

251,457

Depreciation

At 1 February 2025

173,768

4,400

-

11,440

189,608

Charge for the year

17,870

4,604

873

780

24,127

At 31 January 2026

191,638

9,004

873

12,220

213,735

Carrying amount

At 31 January 2026

21,181

14,016

1,745

780

37,722

At 31 January 2025

37,667

17,600

-

1,560

56,827

5

Stocks

2026
£

2025
£

Other inventories

204,811

188,019

6

Debtors

Current

2026
£

2025
£

Prepayments

2,220

2,220

Other debtors

7,193

-

9,413

2,220

Daisy Clough Nurseries Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	8	37,477	53,053
Trade creditors		79,240	51,287
Taxation and social security		61,100	11,571
Accruals and deferred income		4,585	4,344
Other creditors		3,229	17,438
		185,631	137,693

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	8	21,075	39,452

8	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £

Bank borrowings	8,835	23,132
Hire purchase contracts	12,240	16,320
	21,075	39,452

Current loans and borrowings

Daisy Clough Nurseries Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

8	Loans and borrowings (continued)

	2026 £	2025 £

Bank borrowings	16,131	23,284
Bank overdrafts	17,266	25,689
Hire purchase contracts	4,080	4,080
	37,477	53,053

Bank borrowings

National Westminster Bank is denominated in with a nominal interest rate of 2.50%, and the final instalment is due on 11 April 2026. The carrying amount at year end is £3,496 (2025 - £13,904).

The UK Government have provided a 100% guarantee on the Bounce Back Loan Scheme (BBLS).

9	Obligations under leases and hire purchase contracts

Finance leases

The total of future minimum lease payments is as follows:

	2026 £	2025 £
Not later than one year	40,000	40,000

10	Related party transactions

Transactions with directors

2026	At 1 February 2025 £	Advances to director £	Repayments by director £	At 31 January 2026 £
Miss R C Riding
Directors loan account	-	4,310	(4,300)	10


Mrs JE Tate
Directors loan account	(17,100)	113,086	(88,800)	7,186

During the year the Directors entered into loans with the company, with the amounts owed to the company at 31 January 2026 shown above. The loans are interest free, and repayable on demand.

Daisy Clough Nurseries Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

10	Related party transactions (continued)

2025	At 1 February 2024 £	Advances to director £	Repayments by director £	At 31 January 2025 £
Mrs JE Tate
Directors loan account	(25,973)	64,649	(55,776)	(17,100)

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles £	Total £
Cost or valuation
At 1 February 2025	211,435	22,000	-	13,000	246,435
Additions	1,384	1,020	2,618	-	5,022
At 31 January 2026	212,819	23,020	2,618	13,000	251,457
Depreciation
At 1 February 2025	173,768	4,400	-	11,440	189,608
Charge for the year	17,870	4,604	873	780	24,127
At 31 January 2026	191,638	9,004	873	12,220	213,735
Carrying amount
At 31 January 2026	21,181	14,016	1,745	780	37,722
At 31 January 2025	37,667	17,600	-	1,560	56,827

Current	2026 £	2025 £
Prepayments	2,220	2,220
Other debtors	7,193	-
	9,413	2,220