Nurtury (Northants) Limited 03878886 false 2022-11-01 2023-10-31 2023-10-31 The principal activity of the company is provision of day nursery Digita Accounts Production Advanced 6.30.9574.0 true true true 03878886 2022-11-01 2023-10-31 03878886 2023-10-31 03878886 bus:OrdinaryShareClass1 2023-10-31 03878886 core:CurrentFinancialInstruments 2023-10-31 03878886 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 03878886 core:Non-currentFinancialInstruments 2023-10-31 03878886 core:Non-currentFinancialInstruments core:AfterOneYear 2023-10-31 03878886 core:FurnitureFittingsToolsEquipment 2023-10-31 03878886 core:LandBuildings 2023-10-31 03878886 core:OtherPropertyPlantEquipment 2023-10-31 03878886 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-10-31 03878886 core:ParentEntities 2023-10-31 03878886 bus:SmallEntities 2022-11-01 2023-10-31 03878886 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 03878886 bus:FilletedAccounts 2022-11-01 2023-10-31 03878886 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 03878886 bus:RegisteredOffice 2022-11-01 2023-10-31 03878886 bus:Director1 2022-11-01 2023-10-31 03878886 bus:Director4 2022-11-01 2023-10-31 03878886 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 03878886 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 03878886 core:FurnitureFittings 2022-11-01 2023-10-31 03878886 core:FurnitureFittingsToolsEquipment 2022-11-01 2023-10-31 03878886 core:LandBuildings 2022-11-01 2023-10-31 03878886 core:LeaseholdImprovements 2022-11-01 2023-10-31 03878886 core:OfficeEquipment 2022-11-01 2023-10-31 03878886 core:OtherPropertyPlantEquipment 2022-11-01 2023-10-31 03878886 core:PlantMachinery 2022-11-01 2023-10-31 03878886 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2022-11-01 2023-10-31 03878886 core:ParentEntities 2022-11-01 2023-10-31 03878886 1 2022-11-01 2023-10-31 03878886 countries:AllCountries 2022-11-01 2023-10-31 03878886 2022-10-31 03878886 core:FurnitureFittingsToolsEquipment 2022-10-31 03878886 core:LandBuildings 2022-10-31 03878886 core:OtherPropertyPlantEquipment 2022-10-31 03878886 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2022-10-31 03878886 core:ParentEntities 2022-10-31 03878886 2021-11-01 2022-10-31 03878886 2022-10-31 03878886 bus:OrdinaryShareClass1 2022-10-31 03878886 core:CurrentFinancialInstruments 2022-10-31 03878886 core:CurrentFinancialInstruments core:WithinOneYear 2022-10-31 03878886 core:Non-currentFinancialInstruments 2022-10-31 03878886 core:Non-currentFinancialInstruments core:AfterOneYear 2022-10-31 03878886 core:FurnitureFittingsToolsEquipment 2022-10-31 03878886 core:LandBuildings 2022-10-31 03878886 core:OtherPropertyPlantEquipment 2022-10-31 03878886 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2022-10-31 03878886 core:ParentEntities 2022-10-31 03878886 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2021-11-01 2022-10-31 03878886 core:ParentEntities 2021-11-01 2022-10-31 03878886 2021-10-31 03878886 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2021-10-31 03878886 core:ParentEntities 2021-10-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03878886

Nurtury (Northants) Limited

trading as Totstop Day Nursery

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2023

 

Nurtury (Northants) Limited

trading as Totstop Day Nursery

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 10

 

Nurtury (Northants) Limited

trading as Totstop Day Nursery

Company Information

Directors

C W J Black

J Black

Registered office

4 Harrowden Road
Brackmills Industrial Estate
Northampton
NN4 7EB

Accountants

Barrys Accountants Limited
Chartered Certified Accountants
35A Hazlemere Road
Penn
High Wycombe
Buckinghamshire
HP10 8AD

 

Nurtury (Northants) Limited

trading as Totstop Day Nursery

(Registration number: 03878886)
Balance Sheet as at 31 October 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

8,699

5,578

Current assets

 

Debtors

5

10,969

236,583

Cash at bank and in hand

 

70,982

125,613

 

81,951

362,196

Creditors: Amounts falling due within one year

6

(46,716)

(49,070)

Net current assets

 

35,235

313,126

Total assets less current liabilities

 

43,934

318,704

Creditors: Amounts falling due after more than one year

6

(16,520)

(26,616)

Provisions for liabilities

(555)

(1,060)

Net assets

 

26,859

291,028

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

26,759

290,928

Shareholders' funds

 

26,859

291,028

For the financial year ending 31 October 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.

 

Nurtury (Northants) Limited

trading as Totstop Day Nursery

(Registration number: 03878886)
Balance Sheet as at 31 October 2023

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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 July 2024 and signed on its behalf by:
 

.........................................
C W J Black
Director

 

Nurtury (Northants) Limited

trading as Totstop Day Nursery

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
4 Harrowden Road
Brackmills Industrial Estate
Northampton
NN4 7EB
England

These financial statements were authorised for issue by the Board on 30 July 2024.

2

Accounting policies

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Nurtury (Northants) Limited

trading as Totstop Day Nursery

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Leasehold improvements

in accordance with the property lease

Fixtures and fittings

25% straight line

Office equipment

25% straight line

Plant and machinery

20% straight line

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Nurtury (Northants) Limited

trading as Totstop Day Nursery

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 14 (2022 - 14).

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 November 2022

77,187

5,473

-

82,660

Additions

-

3,652

2,800

6,452

At 31 October 2023

77,187

9,125

2,800

89,112

Depreciation

At 1 November 2022

73,841

3,241

-

77,082

Charge for the year

652

2,119

560

3,331

At 31 October 2023

74,493

5,360

560

80,413

Carrying amount

At 31 October 2023

2,694

3,765

2,240

8,699

At 31 October 2022

3,346

2,232

-

5,578

Included within the net book value of land and buildings above is £2,694 (2022 - £3,347) in respect of short leasehold land and buildings.
 

 

Nurtury (Northants) Limited

trading as Totstop Day Nursery

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

5

Debtors

Current

Note

2023
£

2022
£

Trade debtors

 

1,209

1,997

Amounts owed by related parties

10

-

227,030

Prepayments

 

9,073

6,812

Other debtors

 

687

744

   

10,969

236,583

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

8

10,097

9,849

Trade creditors

 

15,378

15,397

Amounts owed to group undertakings and undertakings in which the company has a participating interest

10

5,751

-

Taxation and social security

 

5,623

16,949

Accruals and deferred income

 

1,200

1,655

Other creditors

 

8,667

5,220

 

46,716

49,070

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

8

16,520

26,616

 

Nurtury (Northants) Limited

trading as Totstop Day Nursery

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

7

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

       

8

Loans and borrowings

Non-current loans and borrowings

2023
£

2022
£

Bank borrowings

16,520

26,616

Current loans and borrowings

2023
£

2022
£

Bank borrowings

10,097

9,849

9

Dividends

2023

2022

£

£

Interim dividend of £2,075.00 (2022 - £Nil) per ordinary share

207,500

-

 

 
 

Nurtury (Northants) Limited

trading as Totstop Day Nursery

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

10

Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

2023
£

2022
£

Remuneration

61,216

52,883

Contributions paid to money purchase schemes

1,320

1,312

62,536

54,195

Summary of transactions with entities with joint control or significant interest

Fellow subsidiary
 

Loans to related parties

2023

Parent
£

Entities with joint control or significant influence
£

Total
£

At start of period

172,524

54,506

227,030

Advanced

29,225

30,158

59,383

Repaid

(201,749)

-

(201,749)

Impairment

-

(84,664)

(84,664)

At end of period

-

-

-

2022

Parent
£

Entities with joint control or significant influence
£

Total
£

At start of period

172,953

43,506

216,459

Advanced

-

11,000

11,000

Repaid

(429)

-

(429)

At end of period

172,524

54,506

227,030

 

Nurtury (Northants) Limited

trading as Totstop Day Nursery

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

Terms of loans to related parties

As at 31 October 2022 the loan was interest free and repayable on demand. However, following a review of the fellow subsidiary, this loan is no longer considered recoverable and has been written off.
 

Loans from related parties

2023

Parent
£

Total
£

Advanced

5,751

5,751

At end of period

5,751

5,751

Terms of loans from related parties

The loan is interest free and repayable on demand.
 

11

Parent and ultimate parent undertaking

The company's immediate parent is SJS Childcare Limited, incorporated in England and Wales.

  These financial statements are available upon request from Companies House.