REGISTERED NUMBER: 09932398 (England and Wales)

SAI NURSERY LIMITED

REVISED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Statement of Financial Position

1

to

2

Notes to the Revised Financial Statements

3

to

7

FIXED ASSETS

Intangible assets

5

161,976

219,810

Tangible assets

6

1,428,435

1,468,707

Investments

7

669,253

507,954

2,259,664

2,196,471

CURRENT ASSETS

Debtors

8

29,985

4,233

Cash at bank and in hand

137,319

80,426

167,304

84,659

CREDITORS

Amounts falling due within one year

9

(926,112

)

(817,858

)

NET CURRENT LIABILITIES

(758,808

)

(733,199

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,500,856

1,463,272

CREDITORS

Amounts falling due after more than one year

10

(1,247,075

)

(1,337,482

)

PROVISIONS FOR LIABILITIES

(13,508

)

(15,629

)

NET ASSETS

240,273

110,161

CAPITAL AND RESERVES

Called up share capital

11

2

2

Retained earnings

12

240,271

110,159

SHAREHOLDERS' FUNDS

240,273

110,161

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2026 and were signed on its behalf by:

Mrs M Ratnasingham - Director

1.	REVISED FINANCIAL STATEMENTS

The financial statements for the year ended 31 December 2025 have been revised.

They

-

replace the original financial statements;

-

are now the statutory financial statements;

-

are prepared as they were at the date of the original financial statements and not as at the date of revision and accordingly do not deal with events between those dates.

These revised financial statements replace the previously filed financial statements for the year ended 31 December 2025

The revised financial statements reflect the corrected figures and disclosures

.

2.	STATUTORY INFORMATION

Sai Nursery Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 09932398 and registered office address is 2 Cardiff Road, London W7 2BW.

3.	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

Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods and services is recognised when goods are delivered, and legal title has passed.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, 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 the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

Over 50 years

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded,or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment.Debtors and creditors that fall due within one year are recorded in the financial statements at transaction price and then subsequently measured at amortised cost. If the effects of the time value of money are immaterial, they are measured at cost (less impairment for trade debtors). Debtors are reviewed for impairment at each reporting date and any impairments are recorded within profit or loss and shown within administrative expenses when there is objective evidence that a debtor is impaired. Objective evidence that a debtor is impaired arises when the customer is unable to settle amounts owing to the company or the customer becomes bankrupt.

Debtors do not carry interest and are stated at their nominal value.Trade creditors are not interest-bearing and are stated at their nominal value.Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.

Taxation

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Deferred tax

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods and is recognised in respect of all timing differences; although with certain exceptions. Timing differences are differences between taxable profit and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recoverable 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on investment property (and other non-depreciable tangible fixed assets) is measured using the tax rates and allowances which will apply to the sale of the asset.Amounts of current and deferred tax are generally recognised in profit or loss, except when they relate to items which are recognised in other comprehensive income or directly in equity and in such cases the amounts are also recognised in other comprehensive income or equity as the case may be.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2024 - 43 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

578,339

AMORTISATION

At 1 January 2025

358,529

Amortisation for year

57,834

At 31 December 2025

416,363

NET BOOK VALUE

At 31 December 2025

161,976

At 31 December 2024

219,810

6.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

1,589,329

8,690

137,697

9,274

1,744,990

Additions

-

-

-

5,023

5,023

At 31 December 2025

1,589,329

8,690

137,697

14,297

1,750,013

DEPRECIATION

At 1 January 2025

183,137

3,731

83,854

5,561

276,283

Charge for year

31,787

992

10,769

1,747

45,295

At 31 December 2025

214,924

4,723

94,623

7,308

321,578

NET BOOK VALUE

At 31 December 2025

1,374,405

3,967

43,074

6,989

1,428,435

At 31 December 2024

1,406,192

4,959

53,843

3,713

1,468,707

7.	FIXED ASSET INVESTMENTS

Other

investment

£

COST

At 1 January 2025

507,954

Additions

161,299

At 31 December 2025

669,253

NET BOOK VALUE

At 31 December 2025

669,253

At 31 December 2024

507,954

The company holds investments in subsidiary undertaking which is incorporated in England and Wales which are stated at cost less impairment. The directors consider the carrying value of these investments to be recoverable.

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,789

1,599

Other debtors

27,196

2,634

29,985

4,233

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

93,373

101,642

Payments on account

77,282

73,031

Amounts owed to associates

188,611

-

Taxation and social security

105,861

62,033

Other creditors

460,985

581,152

926,112

817,858

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,247,075

1,337,482

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

888,733

982,432

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1.00

2

2

12.

RESERVES

Retained

earnings

£

At 1 January 2025

110,159

Profit for the year

130,112

At 31 December 2025

240,271

13.	CAPITAL COMMITMENTS

2025

2024

£

£

Contracted but not provided for in the

financial statements

410,375

443,876

14.	OTHER FINANCIAL SECURITY

The loan is secured by a fixed and floating charge over the assets of the company.

15.	RELATED PARTY DISCLOSURES

The company is party to an omnibus guarantee and set off agreement with its bank in respect of the bank borrowings of other connected companies.

At 31 December 2025 there were no outstanding balance under this arrangement by other connected undertaking (2024-Nil)