IRIS Accounts Production v24.1.0.578 08791052 Board of Directors 1.12.22 30.11.23 30.11.23 true false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087910522022-11-30087910522023-11-30087910522022-12-012023-11-30087910522021-11-30087910522021-12-012022-11-30087910522022-11-3008791052ns15:EnglandWales2022-12-012023-11-3008791052ns14:PoundSterling2022-12-012023-11-3008791052ns10:Director12022-12-012023-11-3008791052ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3008791052ns10:SmallEntities2022-12-012023-11-3008791052ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3008791052ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3008791052ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008791052ns10:FullAccounts2022-12-012023-11-300879105212022-12-012023-11-3008791052ns10:Director22022-12-012023-11-3008791052ns10:RegisteredOffice2022-12-012023-11-3008791052ns5:CurrentFinancialInstruments2023-11-3008791052ns5:CurrentFinancialInstruments2022-11-3008791052ns5:Non-currentFinancialInstruments2023-11-3008791052ns5:Non-currentFinancialInstruments2022-11-3008791052ns5:ShareCapital2023-11-3008791052ns5:ShareCapital2022-11-3008791052ns5:RetainedEarningsAccumulatedLosses2023-11-3008791052ns5:RetainedEarningsAccumulatedLosses2022-11-3008791052ns5:NetGoodwill2022-12-012023-11-3008791052ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3008791052ns5:PlantMachinery2022-12-012023-11-3008791052ns5:NetGoodwill2022-11-3008791052ns5:NetGoodwill2023-11-3008791052ns5:NetGoodwill2022-11-3008791052ns5:PlantMachinery2022-11-3008791052ns5:PlantMachinery2023-11-3008791052ns5:PlantMachinery2022-11-3008791052ns5:CostValuation2022-11-3008791052ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3008791052ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 08791052 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

The London Day Nursery Company Limited

The London Day Nursery Company Limited (Registered number: 08791052)

Contents of the Financial Statements
for the year ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The London Day Nursery Company Limited

Company Information
for the year ended 30 November 2023







DIRECTORS: R Roch
Mrs J Roch





REGISTERED OFFICE: 99 Tierney Road
London
SW2 4QH





REGISTERED NUMBER: 08791052 (England and Wales)





ACCOUNTANTS: Marshall & Co
Chartered Accountants
& Chartered Tax Advisers
The Bloc
Springfield Way
Anlaby
Kingston upon Hull
East Yorkshire
HU10 6RJ

The London Day Nursery Company Limited (Registered number: 08791052)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,860 646
Investments 6 1 1
6,861 647

CURRENT ASSETS
Debtors 7 314,268 368,603
Cash at bank and in hand 32,857 45,726
347,125 414,329
CREDITORS
Amounts falling due within one year 8 309,369 358,350
NET CURRENT ASSETS 37,756 55,979
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,617

56,626

CREDITORS
Amounts falling due after more than one
year

9

119,829

143,280
NET LIABILITIES (75,212 ) (86,654 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (75,222 ) (86,664 )
SHAREHOLDERS' FUNDS (75,212 ) (86,654 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

The London Day Nursery Company Limited (Registered number: 08791052)

Balance Sheet - continued
30 November 2023


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 Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





R Roch - Director


The London Day Nursery Company Limited (Registered number: 08791052)

Notes to the Financial Statements
for the year ended 30 November 2023


1. STATUTORY INFORMATION

The London Day Nursery Company 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.

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 represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five 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 and 10% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

The London Day Nursery Company Limited (Registered number: 08791052)

Notes to the Financial Statements - continued
for the year ended 30 November 2023


2. ACCOUNTING POLICIES - continued

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
At the balance sheet date, the company's liabilities exceeded its assets. However the directors are of the opinion that due to the continued support of the major creditor the company continues to be a going concern.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustments to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2022 - 40 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 269,998
AMORTISATION
At 1 December 2022
and 30 November 2023 269,998
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

The London Day Nursery Company Limited (Registered number: 08791052)

Notes to the Financial Statements - continued
for the year ended 30 November 2023


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 154,958
Additions 7,263
At 30 November 2023 162,221
DEPRECIATION
At 1 December 2022 154,312
Charge for year 1,049
At 30 November 2023 155,361
NET BOOK VALUE
At 30 November 2023 6,860
At 30 November 2022 646

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2022
and 30 November 2023 1
NET BOOK VALUE
At 30 November 2023 1
At 30 November 2022 1

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 18,956 17,829
Amounts owed by group undertakings 259,893 325,088
Other debtors 35,419 25,686
314,268 368,603

The London Day Nursery Company Limited (Registered number: 08791052)

Notes to the Financial Statements - continued
for the year ended 30 November 2023


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 26,727 30,002
Trade creditors 214 214
Taxation and social security 21,445 8,310
Other creditors 260,983 319,824
309,369 358,350

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 119,829 143,280

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 32,764 32,110

10. RELATED PARTY DISCLOSURES

At the year end the company was owed £259,892 (2022 - £325,088) from The Clapham Common Day Nursery Limited who is a subsidiary. The loan is non interest bearing and there are no formal terms of repayment.

Also at the year end the company owed R Roch and J Roch, who are shareholders and directors £251,982 (2022 - £313,634). The loan is non interest bering and there are no formal terms of repayment.

11. ULTIMATE CONTROLLING PARTY

The controlling party is R Roch.