Abbeydale Cottage Nursery Limited 09194382 false 2022-10-01 2023-09-30 2023-09-30 The principal activity of the company is the provision of nursery facilities for children. Digita Accounts Production Advanced 6.30.9574.0 true 09194382 2022-10-01 2023-09-30 09194382 2023-09-30 09194382 core:RetainedEarningsAccumulatedLosses 2023-09-30 09194382 core:ShareCapital 2023-09-30 09194382 core:CurrentFinancialInstruments 2023-09-30 09194382 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 09194382 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 09194382 core:FurnitureFittingsToolsEquipment 2023-09-30 09194382 core:LandBuildings 2023-09-30 09194382 core:MotorVehicles 2023-09-30 09194382 bus:SmallEntities 2022-10-01 2023-09-30 09194382 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 09194382 bus:FullAccounts 2022-10-01 2023-09-30 09194382 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 09194382 bus:Director1 2022-10-01 2023-09-30 09194382 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 09194382 core:Buildings 2022-10-01 2023-09-30 09194382 core:FurnitureFittingsToolsEquipment 2022-10-01 2023-09-30 09194382 core:LandBuildings 2022-10-01 2023-09-30 09194382 core:MotorVehicles 2022-10-01 2023-09-30 09194382 core:Vehicles 2022-10-01 2023-09-30 09194382 countries:AllCountries 2022-10-01 2023-09-30 09194382 2022-09-30 09194382 core:FurnitureFittingsToolsEquipment 2022-09-30 09194382 core:LandBuildings 2022-09-30 09194382 core:MotorVehicles 2022-09-30 09194382 2021-10-01 2022-09-30 09194382 2022-09-30 09194382 core:RetainedEarningsAccumulatedLosses 2022-09-30 09194382 core:ShareCapital 2022-09-30 09194382 core:CurrentFinancialInstruments 2022-09-30 09194382 core:CurrentFinancialInstruments core:WithinOneYear 2022-09-30 09194382 core:Non-currentFinancialInstruments core:AfterOneYear 2022-09-30 09194382 core:FurnitureFittingsToolsEquipment 2022-09-30 09194382 core:LandBuildings 2022-09-30 09194382 core:MotorVehicles 2022-09-30 iso4217:GBP xbrli:pure

Registration number: 09194382

Abbeydale Cottage Nursery Limited

Unaudited Financial Statements

for the Year Ended 30 September 2023

 

Abbeydale Cottage Nursery Limited

(Registration number: 09194382)

Balance Sheet as at 30 September 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

3

625,276

560,290

Current assets

 

Debtors

4

69,478

68,840

Cash at bank and in hand

 

106,189

132,749

 

175,667

201,589

Creditors: Amounts falling due within one year

5

(418,496)

(388,437)

Net current liabilities

 

(242,829)

(186,848)

Total assets less current liabilities

 

382,447

373,442

Creditors: Amounts falling due after more than one year

5

(10,000)

(20,000)

Provisions for liabilities

(1,999)

(1,130)

Net assets

 

370,448

352,312

Capital and reserves

 

Called up share capital

1

1

Profit and loss account

370,447

352,311

Shareholders' funds

 

370,448

352,312

For the financial year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 15 April 2024 and signed on its behalf by:
 

 

Abbeydale Cottage Nursery Limited

(Registration number: 09194382)

Balance Sheet as at 30 September 2023 (continued)

.........................................

J L Curphey
Director

 

Abbeydale Cottage Nursery Limited

Notes to the Financial Statements for the Year Ended 30 September 2023

1

Accounting policies

Statutory information

Abbeydale Cottage Nursery Limited is a private company, limited by shares, domiciled in England and Wales, company number 09194382. The registered office is at Abbeydale Cottage Nursery, Abbeydale Road South, Dore, Sheffield, S17 3LJ.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Revenue recognition

Turnover comprises the fair value of the consideration received for the provision of services in the ordinary course of the company’s activities. Revenue is recognised in line with the delivery of services.

Government grants

Grants that do not impose specified future performance-related conditions are recognised in income when the grant proceeds are received or receivable. Grants that impose specified future performance-related conditions are recognised in income only when the performance-related conditions are met. Grants received before the revenue recognition criteria are satisfied are recognised as a liability.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Buildings

2% straight line

Fixtures, fittings and equipment

25% straight line

Motor vehicles

25% straight line

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

 

Abbeydale Cottage Nursery Limited

Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)

1

Accounting policies (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 35 (2022 - 36).

3

Tangible assets

Buildings
£

Fixtures, fittings and equipment
£

Motor vehicles
 £

Total
£

Cost

At 1 October 2022

643,956

37,765

-

681,721

Additions

-

5,310

93,991

99,301

At 30 September 2023

643,956

43,075

93,991

781,022

Depreciation

At 1 October 2022

89,524

31,907

-

121,431

Charge for the year

12,879

3,813

17,623

34,315

At 30 September 2023

102,403

35,720

17,623

155,746

Carrying amount

At 30 September 2023

541,553

7,355

76,368

625,276

At 30 September 2022

554,432

5,858

-

560,290

 

Abbeydale Cottage Nursery Limited

Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)

4

Debtors

2023
£

2022
£

Trade debtors

8,832

5,864

Other debtors

60,646

62,976

69,478

68,840

5

Creditors

2023
£

2022
£

Due within one year

Trade creditors

-

1,938

Directors' current accounts

227,882

-

Taxation and social security

45,573

34,612

Other creditors

30,888

256,495

Accruals and deferred income

114,153

95,392

418,496

388,437

Due after one year

Accruals and deferred income

10,000

20,000

6

Related party transactions

During the year AMJO Investments Limited, a company in which J Curphey and A Ricardo are directors, had an interest free loan with the company. At the balance sheet date the amount owing from AMJO investments Limited was £56,326 (2022: £56,326).