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REGISTERED NUMBER: 04628563 (England and Wales)















Unaudited Financial Statements

for the Period 1 February 2023 to 30 March 2023

for

Street Farm Day Nursery Limited

Street Farm Day Nursery Limited (Registered number: 04628563)






Contents of the Financial Statements
for the Period 1 February 2023 to 30 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Street Farm Day Nursery Limited

Company Information
for the Period 1 February 2023 to 30 March 2023







DIRECTOR: Mrs L Pratt





REGISTERED OFFICE: 1 Pride Point Drive
Pride Park
Derby
Derbyshire
DE24 8BX





REGISTERED NUMBER: 04628563 (England and Wales)





ACCOUNTANTS: Sarah Place Accountants Ltd
Unit 4b
Boldero Road
Bury St Edmunds
Suffolk
IP32 7BS

Street Farm Day Nursery Limited (Registered number: 04628563)

Balance Sheet
30 March 2023

30.3.23 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 977,521 978,515

CURRENT ASSETS
Debtors 5 2,026 20,124
Cash at bank and in hand 119,034 181,875
121,060 201,999
CREDITORS
Amounts falling due within one year 6 66,832 154,485
NET CURRENT ASSETS 54,228 47,514
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,031,749

1,026,029

CREDITORS
Amounts falling due after more than one
year

7

(388,334

)

(368,151

)

PROVISIONS FOR LIABILITIES (6,284 ) (7,693 )
NET ASSETS 637,131 650,185

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 97,396 97,396
Retained earnings 539,635 552,689
SHAREHOLDERS' FUNDS 637,131 650,185

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Street Farm Day Nursery Limited (Registered number: 04628563)

Balance Sheet - continued
30 March 2023


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 26 September 2023 and were signed by:





Ms C E Wilson - Director


Street Farm Day Nursery Limited (Registered number: 04628563)

Notes to the Financial Statements
for the Period 1 February 2023 to 30 March 2023

1. STATUTORY INFORMATION

Street Farm Day 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.

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 as modified by the revaluation of certain assets.

Turnover
Revenue 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.
Freehold property - not provided
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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 period was 29 (2023 - 30 ) .

Street Farm Day Nursery Limited (Registered number: 04628563)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 30 March 2023

4. PROPERTY, PLANT AND EQUIPMENT

These accounts are the third year of being prepared under FRS 102 Section 1A. The property was revalued in the year ended 31 January 2018 and again at 31 January 2020.

Cost or valuation at 30 March 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2018 14,537 - 14,537
Valuation in 2020 82,859 - 82,859
Cost 857,277 89,964 947,241
954,673 89,964 1,044,637

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.23 31.1.23
£    £   
Trade debtors - 20,124
Other debtors 2,026 -
2,026 20,124

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.23 31.1.23
£    £   
Bank loans and overdrafts - 22,101
Taxation and social security 3,702 38,277
Other creditors 63,130 94,107
66,832 154,485

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.3.23 31.1.23
£    £   
Bank loans 388,334 368,151

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 388,334 368,151

8. RESERVES
Fair
value
reserve
£   
At 1 February 2023
and 30 March 2023 97,396

Street Farm Day Nursery Limited (Registered number: 04628563)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 30 March 2023

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 March 2023 and the year ended 31 January 2023:

30.3.23 31.1.23
£    £   
Mrs L Pratt
Balance outstanding at start of period (16,882 ) (4,847 )
Amounts advanced 16,882 -
Amounts repaid - (12,035 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - (16,882 )