REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2023 TO 26 MARCH 2023 |
FOR |
HIGH HOPES NURSERIES LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2023 TO 26 MARCH 2023 |
FOR |
HIGH HOPES NURSERIES LTD |
HIGH HOPES NURSERIES LTD (REGISTERED NUMBER: 08225034) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2023 TO 26 MARCH 2023 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Chartered Accountants' Report | 6 |
HIGH HOPES NURSERIES LTD |
COMPANY INFORMATION |
FOR THE PERIOD 1 JANUARY 2023 TO 26 MARCH 2023 |
DIRECTORS: |
REGISTERED OFFICE: | Ashton Old Baths |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Suite 204 Ashton Old Baths |
Stamford Street West |
Ashton-under-Lyne |
Lancashire |
OL6 7FW |
HIGH HOPES NURSERIES LTD (REGISTERED NUMBER: 08225034) |
ABRIDGED BALANCE SHEET |
26 MARCH 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Property, plant and equipment | 5 |
CURRENT ASSETS |
Inventories |
Debtors | ( |
) |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
HIGH HOPES NURSERIES LTD (REGISTERED NUMBER: 08225034) |
ABRIDGED BALANCE SHEET - continued |
26 MARCH 2023 |
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 |
HIGH HOPES NURSERIES LTD (REGISTERED NUMBER: 08225034) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2023 TO 26 MARCH 2023 |
1. | STATUTORY INFORMATION |
High Hopes Nurseries Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents childcare fees and grants receivable. |
Goodwill |
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 the value of each asset over its estimated useful life:- |
Computer equipment 25% |
Fixtures and fittings 15% |
Stocks |
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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 |
HIGH HOPES NURSERIES LTD (REGISTERED NUMBER: 08225034) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JANUARY 2023 TO 26 MARCH 2023 |
4. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 January 2023 |
and 26 March 2023 |
AMORTISATION |
At 1 January 2023 |
and 26 March 2023 |
NET BOOK VALUE |
At 26 March 2023 |
At 31 December 2022 |
5. | PROPERTY, PLANT AND EQUIPMENT |
Totals |
£ |
COST |
At 1 January 2023 |
and 26 March 2023 |
DEPRECIATION |
At 1 January 2023 |
Charge for period |
At 26 March 2023 |
NET BOOK VALUE |
At 26 March 2023 |
At 31 December 2022 |
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
HIGH HOPES NURSERIES LTD |
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of High Hopes Nurseries Ltd for the period ended 26 March 2023 which comprise the Abridged Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of High Hopes Nurseries Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of High Hopes Nurseries Ltd and state those matters that we have agreed to state to the Board of Directors of High Hopes Nurseries Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than High Hopes Nurseries Ltd and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that High Hopes Nurseries Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of High Hopes Nurseries Ltd. You consider that High Hopes Nurseries Ltd is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of High Hopes Nurseries Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
Suite 204 Ashton Old Baths |
Stamford Street West |
Ashton-under-Lyne |
Lancashire |
OL6 7FW |