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REGISTERED NUMBER: 04993091 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 December 2023

for

THE PARK NEIGHBOURHOOD NURSERY

THE PARK NEIGHBOURHOOD NURSERY (REGISTERED NUMBER: 04993091)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE PARK NEIGHBOURHOOD NURSERY

Company Information
for the year ended 31 December 2023







DIRECTORS: Ms V M Dunn
Ms C S Holmes
Ms E A Meadows
Ms P A Rooney





SECRETARY: Ms E A Meadows





REGISTERED OFFICE: The Park Neighbourhood Nursey
The Old Park School
Hollow Road
Kingswood
BS15 4AT





REGISTERED NUMBER: 04993091 (England and Wales)





ACCOUNTANTS: MGB Accountants (Stonehouse) Limited
Suite 5, First Floor
The Counting House
Bonds Mill Estate
Stonehouse
Gloucestershire
GL10 3RF

THE PARK NEIGHBOURHOOD NURSERY (REGISTERED NUMBER: 04993091)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,311 10,662

CURRENT ASSETS
Cash at bank and in hand 228,071 272,106

CREDITORS
Amounts falling due within one year 5 9,400 8,309
NET CURRENT ASSETS 218,671 263,797
TOTAL ASSETS LESS CURRENT
LIABILITIES

226,982

274,459

RESERVES
Income and expenditure account 226,982 274,459
226,982 274,459

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 surplus or deficit 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 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 11 September 2024 and were signed on its behalf by:





Ms P A Rooney - Director


THE PARK NEIGHBOURHOOD NURSERY (REGISTERED NUMBER: 04993091)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

The Park Neighbourhood Nursery is a private company, limited by guarantee , 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 22 ).

THE PARK NEIGHBOURHOOD NURSERY (REGISTERED NUMBER: 04993091)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 109,450
Additions 419
At 31 December 2023 109,869
DEPRECIATION
At 1 January 2023 98,788
Charge for year 2,770
At 31 December 2023 101,558
NET BOOK VALUE
At 31 December 2023 8,311
At 31 December 2022 10,662

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 6,381 5,124
Other creditors 3,019 3,185
9,400 8,309