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REGISTERED NUMBER: 07246452 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

FLYING START NURSERY LIMITED

FLYING START NURSERY LIMITED (REGISTERED NUMBER: 07246452)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 AUGUST 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


FLYING START NURSERY LIMITED

COMPANY INFORMATION
for the Year Ended 31 AUGUST 2023







DIRECTORS: C Elliott
Mrs C J Elliott
Mrs J M Ewan





SECRETARY: Mrs C J Elliott





REGISTERED OFFICE: Gloucester House
Market Place
Fairford
Gloucestershire
GL7 4AB





REGISTERED NUMBER: 07246452 (England and Wales)





ACCOUNTANTS: Knight & Company Ltd
11 Castle Hill
Maidenhead
Berkshire
SL6 4AA

FLYING START NURSERY LIMITED (REGISTERED NUMBER: 07246452)

ABRIDGED BALANCE SHEET
31 AUGUST 2023

31/8/23 31/8/22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 999 1,365
999 1,365

CURRENT ASSETS
Debtors 5,784 20,917
Cash at bank and in hand 9,868 4
15,652 20,921
CREDITORS
Amounts falling due within one year 28,299 42,272
NET CURRENT LIABILITIES (12,647 ) (21,351 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(11,648

)

(19,986

)

CREDITORS
Amounts falling due after more than one
year

22,905

25,682
NET LIABILITIES (34,553 ) (45,668 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (34,653 ) (45,768 )
SHAREHOLDERS' FUNDS (34,553 ) (45,668 )

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

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

FLYING START NURSERY LIMITED (REGISTERED NUMBER: 07246452)

ABRIDGED BALANCE SHEET - continued
31 AUGUST 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 August 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 3 April 2024 and were signed on its behalf by:





C Elliott - Director


FLYING START NURSERY LIMITED (REGISTERED NUMBER: 07246452)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 AUGUST 2023

1. STATUTORY INFORMATION

Flying Start 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

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 each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and any recognised impairment loss.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern
The accounts have been prepared on the going concern basis. The company is dependent on the continuing support of the directors.

FLYING START NURSERY LIMITED (REGISTERED NUMBER: 07246452)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 AUGUST 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2022
and 31 August 2023 18,206
AMORTISATION
At 1 September 2022
and 31 August 2023 18,206
NET BOOK VALUE

At 31 August 2023 -
At 31 August 2022 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2022
and 31 August 2023 22,727
DEPRECIATION
At 1 September 2022 21,362
Charge for year 366
At 31 August 2023 21,728
NET BOOK VALUE
At 31 August 2023 999
At 31 August 2022 1,365

6. LEASING AGREEMENTS
The company is committed to rent of £16,500 per year.

7. RELATED PARTY DISCLOSURES

Mr C Elliott is also a controlling director of Air Necessities Limited, The Deli in Fairford Limited and Eventuality UK Limited.

Included in other creditors is a balance of £7,082 (2022 - £4,308 debit) owed to the directors by the company & also a balance of £9,826 (2022 - £19,826) owed to Eventuality Ltd by the company.