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REGISTERED NUMBER: 09130857 (England and Wales)















Financial Statements for the Year Ended 31 May 2023

for

Canal House Day Nursery Limited

Canal House Day Nursery Limited (Registered number: 09130857)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Canal House Day Nursery Limited

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Miss C L Lee





REGISTERED OFFICE: 34 Crow Lane West
Newton le Willows
Merseyside
WA12 9YG





REGISTERED NUMBER: 09130857 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Canal House Day Nursery Limited (Registered number: 09130857)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 91,613 89,758

CURRENT ASSETS
Debtors 5 236,176 96,936
Cash at bank and in hand 219,605 238,319
455,781 335,255
CREDITORS
Amounts falling due within one year 6 257,817 243,587
NET CURRENT ASSETS 197,964 91,668
TOTAL ASSETS LESS CURRENT
LIABILITIES

289,577

181,426

PROVISIONS FOR LIABILITIES 3,848 2,259
NET ASSETS 285,729 179,167

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 285,629 179,067
SHAREHOLDERS' FUNDS 285,729 179,167

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 8 February 2024 and were signed by:




Miss C L Lee - Director


Canal House Day Nursery Limited (Registered number: 09130857)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Canal House 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.

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.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover is measured at the fair value of the consideration from nursery fees which are exempt from value added tax and are recognised when the fees are receivable.

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 etc - 20% on cost and 2% on cost

Financial instruments
Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Taxation
Taxation for the year 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 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.

Canal House Day Nursery Limited (Registered number: 09130857)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2022 - 23 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 98,838
Additions 9,298
Disposals (1,600 )
At 31 May 2023 106,536
DEPRECIATION
At 1 June 2022 9,080
Charge for year 6,163
Eliminated on disposal (320 )
At 31 May 2023 14,923
NET BOOK VALUE
At 31 May 2023 91,613
At 31 May 2022 89,758

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 9,773 13,241
Other debtors 226,403 83,695
236,176 96,936

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors - 804
Taxation and social security 34,784 40,756
Other creditors 223,033 202,027
257,817 243,587

Canal House Day Nursery Limited (Registered number: 09130857)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

7. RELATED PARTY DISCLOSURES

Miss C Lee is a director of Linden House Day Nursery Limited. Included in other debtors as at 31st May 2023 is £7,024 (2022 £20,254 was included in other creditors) owing from Linden House Day Nursery Limited.

Miss C Lee is a director of Linden House Holdings Limited. Included in other debtors as at 31st May 2023 is £174,378 (2022 £83,695) owing from Linden House Holdings Limited.

Miss C Lee is a director of Mere House Day Nursery Limited. Included in other creditors as at 31st May 2023 is £90,863 (2022 £90,863) owing to Mere House Day Nursery Limited.

Miss C Lee is a director of Hearty Cook House Limited. Included in other creditors as at 31st May 2023 is £8,428 owing to Hearty Cook House Limited.

These loans are interest free and repayable on demand.