Solfresh Nurseries Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03464270 (England and Wales)

Solfresh Nurseries Limited

Financial Statements

For The Year Ended 29 November 2019

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr K J Ball

Mr L Wright

Mrs C D Prout

SECRETARIES:

Mr K J Ball

Mrs K Wright

REGISTERED OFFICE:

Aldergrove Centre

Marsh Road

Banks

Stockport

Cheshire

PR9 8DX

REGISTERED NUMBER:

03464270 (England and Wales)

AUDITORS:

Lloyd Piggott Limited

Chartered Accountants and Statutory Auditor

St George's House

56 Peter Street

Manchester

M2 3NQ

FIXED ASSETS

Tangible assets

4

81,123

CURRENT ASSETS

Debtors

5

93

CREDITORS

Amounts falling due within one year

6

3,025

NET CURRENT LIABILITIES

(2,932

)

(2,932

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

78,191

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

78,189

SHAREHOLDERS' FUNDS

78,191

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 3 July 2020 and were signed on its behalf by:

Mrs C D Prout - Director

1.	STATUTORY INFORMATION

Solfresh Nurseries 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets

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

Freehold property

-

5% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 30 November 2018

and 29 November 2019

234,581

104,526

339,107

DEPRECIATION

At 30 November 2018

and 29 November 2019

153,458

104,526

257,984

NET BOOK VALUE

At 29 November 2019

81,123

-

81,123

At 29 November 2018

81,123

-

81,123

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

Other debtors

93

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

Amounts owed to group undertakings

2,125

Other creditors

900

3,025

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Susan Redmond ACA (Senior Statutory Auditor)

for and on behalf of Lloyd Piggott Limited

8.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

Solfresh Nurseries Limited - Accounts to registrar (filleted) - small 18.2

Solfresh Nurseries Limited - Accounts to registrar (filleted) - small 18.2