Company Registration No. 08043704 (England and Wales)
Munchkins Village Nursery Limited
Unaudited accounts
for the year ended 31 January 2023
Munchkins Village Nursery Limited
Unaudited accounts
Contents
Munchkins Village Nursery Limited
Company Information
for the year ended 31 January 2023
Directors
Paul Ainscough
Claire Ainscough
Company Number
08043704 (England and Wales)
Munchkins Village Nursery Limited
Statement of financial position
as at 31 January 2023
Called up share capital not paid
100
100
Tangible assets
195,284
57,076
Cash at bank and in hand
505,809
529,586
Creditors: amounts falling due within one year
(1,111)
(1,869)
Net current assets
551,656
576,265
Total assets less current liabilities
747,040
633,441
Provisions for liabilities
Other provisions
(40,000)
-
Net assets
707,040
633,441
Called up share capital
100
100
Revaluation reserve
(71,780)
(38,004)
Profit and loss account
778,720
671,345
Shareholders' funds
707,040
633,441
For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2023 and were signed on its behalf by
Paul Ainscough
Director
Company Registration No. 08043704
Munchkins Village Nursery Limited
Notes to the Accounts
for the year ended 31 January 2023
Munchkins Village Nursery Limited is a private company, limited by shares, registered in England and Wales, registration number 08043704.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Tenant Improvements over 25 years
Fixtures & fittings
3 to 5 years
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2022
56,428
18,550
74,978
Additions
110,000
31,000
141,000
At 31 January 2023
166,428
49,550
215,978
At 1 February 2022
17,902
-
17,902
Charge for the year
2,792
-
2,792
At 31 January 2023
20,694
-
20,694
At 31 January 2023
145,734
49,550
195,284
At 31 January 2022
38,526
18,550
57,076
Munchkins Village Nursery Limited
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Accrued income and prepayments
-
48,000
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
1,111
282
7
Average number of employees
During the year the average number of employees was 24 (2022: 24).