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REGISTERED NUMBER: 09447053 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Adorable Nurseries Limited

Adorable Nurseries Limited (Registered number: 09447053)






Contents of the Financial Statements
for the year ended 28 February 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Adorable Nurseries Limited

Company Information
for the year ended 28 February 2023







DIRECTORS: Mrs H S MacIntyre
Mr A H MacIntyre





REGISTERED OFFICE: Pacioli House
9 Brookfied, Duncan Cloase
Moulton Park
Northampton
Northamptonshire
NN3 6WL





REGISTERED NUMBER: 09447053 (England and Wales)





ACCOUNTANTS: Clifford Roberts
Chartered Accountants
Pacioli House
9 Brookfield
Duncan Close
Northampton
Northamptonshire
NN3 6WL

Adorable Nurseries Limited (Registered number: 09447053)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 84,383 104,948

CURRENT ASSETS
Debtors 5 29,341 2,068
Cash at bank and in hand 48,134 76,043
77,475 78,111
CREDITORS
Amounts falling due within one year 6 100,755 63,785
NET CURRENT (LIABILITIES)/ASSETS (23,280 ) 14,326
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,103

119,274

CREDITORS
Amounts falling due after more than one
year

7

(26,000

)

(38,000

)

PROVISIONS FOR LIABILITIES (2,176 ) (3,319 )
NET ASSETS 32,927 77,955

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 32,926 77,954
SHAREHOLDERS' FUNDS 32,927 77,955

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

Adorable Nurseries Limited (Registered number: 09447053)

Balance Sheet - continued
28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by:





Mrs H S MacIntyre - Director


Adorable Nurseries Limited (Registered number: 09447053)

Notes to the Financial Statements
for the year ended 28 February 2023

1. STATUTORY INFORMATION

Adorable 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.

15-17 London Road, Stony Stratford, Milton Keynes, MK11 1JA.

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.

The financial statements are presented in sterling (£) and cover the period to the end of February each year.

Going Concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover
Turnover is measured at the fair value of the consideration recieved or receivable in relation to the services provided, 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.

Short Leasehold - 10% Straight line
Fixtures and fittings - 20% Straight Line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Adorable Nurseries Limited (Registered number: 09447053)

Notes to the Financial Statements - continued
for the year ended 28 February 2023

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.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method unless the effect of discounting would be immaterial, in which case they are stated at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2022 - 22 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 March 2022
and 28 February 2023 176,716 149,427 326,143
DEPRECIATION
At 1 March 2022 83,729 137,466 221,195
Charge for year 17,308 3,257 20,565
At 28 February 2023 101,037 140,723 241,760
NET BOOK VALUE
At 28 February 2023 75,679 8,704 84,383
At 28 February 2022 92,987 11,961 104,948

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 29,341 2,068

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 12,000 12,000
Trade creditors 29,503 5,035
Taxation and social security 23,684 17,347
Other creditors 35,568 29,403
100,755 63,785

Adorable Nurseries Limited (Registered number: 09447053)

Notes to the Financial Statements - continued
for the year ended 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 26,000 38,000

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 1,099 1,099
Between one and five years 275 1,374
1,374 2,473

9. RISK MANAGMENT

The company does not have significant exposure to foreign currency, market risk, credit risk, liquidity and cash flow risk, and interest rate risks due to the nature of its trade.

The company holds no derivative financial instruments at either year end.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary shares £1 1 1