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REGISTERED NUMBER: 07957499 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2021 TO 30 SEPTEMBER 2022

FOR

THE PELICAN NURSERY LIMITED

THE PELICAN NURSERY LIMITED (REGISTERED NUMBER: 07957499)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2021 TO 30 SEPTEMBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE PELICAN NURSERY LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2021 TO 30 SEPTEMBER 2022







DIRECTORS: Simon Arthur
Shirley Arthur





REGISTERED OFFICE: 4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SW19 4EU





REGISTERED NUMBER: 07957499 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SW19 4EU

THE PELICAN NURSERY LIMITED (REGISTERED NUMBER: 07957499)

BALANCE SHEET
30 SEPTEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,800 21,600
Tangible assets 5 2,967 4,257
13,767 25,857

CURRENT ASSETS
Debtors 6 865,941 691,613
Cash at bank and in hand 273 60,857
866,214 752,470
CREDITORS
Amounts falling due within one year 7 433,149 269,589
NET CURRENT ASSETS 433,065 482,881
TOTAL ASSETS LESS CURRENT
LIABILITIES

446,832

508,738

CREDITORS
Amounts falling due after more than one
year

8

151,177

247,619
NET ASSETS 295,655 261,119

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 295,555 261,019
295,655 261,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2022 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 PELICAN NURSERY LIMITED (REGISTERED NUMBER: 07957499)

BALANCE SHEET - continued
30 SEPTEMBER 2022


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 22 September 2023 and were signed on its behalf by:





Simon Arthur - Director


THE PELICAN NURSERY LIMITED (REGISTERED NUMBER: 07957499)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2021 TO 30 SEPTEMBER 2022


1. STATUTORY INFORMATION

The Pelican Nursery 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.

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 represents sales of day care services. Turnover is measured at fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, 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 each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the period 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 period 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.

THE PELICAN NURSERY LIMITED (REGISTERED NUMBER: 07957499)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2021 TO 30 SEPTEMBER 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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 18 (2021 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021
and 30 September 2022 75,600
AMORTISATION
At 1 April 2021 54,000
Charge for period 10,800
At 30 September 2022 64,800
NET BOOK VALUE
At 30 September 2022 10,800
At 31 March 2021 21,600

THE PELICAN NURSERY LIMITED (REGISTERED NUMBER: 07957499)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2021 TO 30 SEPTEMBER 2022


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 46,638
Additions 1,859
At 30 September 2022 48,497
DEPRECIATION
At 1 April 2021 42,381
Charge for period 3,149
At 30 September 2022 45,530
NET BOOK VALUE
At 30 September 2022 2,967
At 31 March 2021 4,257

6. DEBTORS
2022 2021
£    £   
Amounts falling due within one year:
Trade debtors 69,269 28,483
Other debtors 642,510 542,514
711,779 570,997

Amounts falling due after more than one year:
Other debtors 154,162 120,616

Aggregate amounts 865,941 691,613

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 22,681 -
Trade creditors 62,062 39,768
Taxation and social security 252,443 155,054
Other creditors 95,963 74,767
433,149 269,589

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 26,667 -
Other creditors 124,510 247,619
151,177 247,619

THE PELICAN NURSERY LIMITED (REGISTERED NUMBER: 07957499)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2021 TO 30 SEPTEMBER 2022


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2022 2021
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal - 1,667

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2022 2021
£    £   
Within one year 84,000 81,372
Between one and five years 336,000 336,000
In more than five years 136,500 262,500
556,500 679,872

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 September 2022 and the year ended 31 March 2021:

2022 2021
£    £   
Simon Arthur and Shirley Arthur
Balance outstanding at start of period 542,514 468,988
Amounts advanced 250,996 235,726
Amounts repaid (151,000 ) (162,200 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 642,510 542,514

The balance is not secured, bears interest at 2.0% (2021: 2.5%) and there are no repayment terms.