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REGISTERED NUMBER: 12217714 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

HITCHIN HOUSE DAY NURSERY LTD

HITCHIN HOUSE DAY NURSERY LTD (REGISTERED NUMBER: 12217714)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HITCHIN HOUSE DAY NURSERY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTOR: T C Reed





REGISTERED OFFICE: 13 Esmond Road
London
W4 1JG





REGISTERED NUMBER: 12217714 (England and Wales)





ACCOUNTANTS: TC Group
1 Rushmills
Bedford Road
Northampton
Northamptonshire
NN4 7YB

HITCHIN HOUSE DAY NURSERY LTD (REGISTERED NUMBER: 12217714)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 148,557 170,133

CURRENT ASSETS
Debtors 5 218,543 16,373
Cash at bank 54,643 105,346
273,186 121,719
CREDITORS
Amounts falling due within one year 6 386,862 214,830
NET CURRENT LIABILITIES (113,676 ) (93,111 )
TOTAL ASSETS LESS CURRENT LIABILITIES 34,881 77,022

PROVISIONS FOR LIABILITIES 33,831 39,224
NET ASSETS 1,050 37,798

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 1,049 37,797
SHAREHOLDERS' FUNDS 1,050 37,798

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 September 2023 and were signed by:




T C Reed - Director


HITCHIN HOUSE DAY NURSERY LTD (REGISTERED NUMBER: 12217714)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022


1. STATUTORY INFORMATION

Hitchin House Day Nursery Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and 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.
Nursery Equipments - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Government grants
Government grants relating to revenue shall be recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

HITCHIN HOUSE DAY NURSERY LTD (REGISTERED NUMBER: 12217714)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 68 (2021 - 55 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Nursery and Computer
property Equipments fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2022 13,236 100,499 131,566 7,197 252,498
Additions - 16,894 - 3,478 20,372
At 31 December 2022 13,236 117,393 131,566 10,675 272,870
DEPRECIATION
At 1 January 2022 - 33,828 46,041 2,496 82,365
Charge for year - 18,740 21,382 1,826 41,948
At 31 December 2022 - 52,568 67,423 4,322 124,313
NET BOOK VALUE
At 31 December 2022 13,236 64,825 64,143 6,353 148,557
At 31 December 2021 13,236 66,671 85,525 4,701 170,133

Tangible fixed assets are initially recorded at cost and subsequently carried at cost less accumulated depreciation and accumulated impairment losses.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Amounts owed by group undertakings 199,323 5,606
Other debtors 19,220 10,767
218,543 16,373

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 30,663 10,431
Amounts owed to group undertakings - 10,168
Taxation and social security 174,629 42,741
Other creditors 181,570 151,490
386,862 214,830

HITCHIN HOUSE DAY NURSERY LTD (REGISTERED NUMBER: 12217714)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2022 2021
£    £   
Within one year 90,000 90,000
Between one and five years 360,000 360,000
In more than five years 1,530,000 1,620,000
1,980,000 2,070,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
1 Ordinary 1 1 1