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REGISTERED NUMBER: 05095125 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Discovery Nursery Limited

Discovery Nursery Limited (Registered number: 05095125)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Discovery Nursery Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: B Mack
Mrs A Mack





SECRETARY: Mrs A Mack





REGISTERED OFFICE: Discovery Nursery
Buckland House
Crabble Hill
Dover
Kent
CT17 0RX





REGISTERED NUMBER: 05095125 (England and Wales)





ACCOUNTANTS: Susan King FCA
115 London Road
Temple Ewell
Dover
Kent
CT16 3BY

Discovery Nursery Limited (Registered number: 05095125)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 93,644 83,257

CURRENT ASSETS
Debtors 5 15,635 9,350
Cash at bank 119,671 36,909
135,306 46,259
CREDITORS
Amounts falling due within one year 6 107,162 56,785
NET CURRENT ASSETS/(LIABILITIES) 28,144 (10,526 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,788

72,731

CREDITORS
Amounts falling due after more than one
year

7

18,630

25,545
NET ASSETS 103,158 47,186

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 103,156 47,184
SHAREHOLDERS' FUNDS 103,158 47,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

Discovery Nursery Limited (Registered number: 05095125)

Balance Sheet - continued
30 April 2024


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 5 September 2024 and were signed on its behalf by:




Mrs A Mack - Director



B Mack - Director


Discovery Nursery Limited (Registered number: 05095125)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Discovery 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.

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.
Fixtures and fittings - 20% on reducing balance

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.

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.

Discovery Nursery Limited (Registered number: 05095125)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

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 24 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 May 2023 10,102 145,738 155,840
Additions - 31,273 31,273
At 30 April 2024 10,102 177,011 187,113
DEPRECIATION
At 1 May 2023 - 72,583 72,583
Charge for year - 20,886 20,886
At 30 April 2024 - 93,469 93,469
NET BOOK VALUE
At 30 April 2024 10,102 83,542 93,644
At 30 April 2023 10,102 73,155 83,257

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 451 350
Prepayments and accrued income 15,184 9,000
15,635 9,350

Discovery Nursery Limited (Registered number: 05095125)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 6,927 6,216
Tax 23,512 3,380
Social security and other taxes 2,482 2,091
Other creditors 674 6,582
Accruals and deferred income 73,567 38,516
107,162 56,785

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans - 1-2 years 6,927 6,216
Bank loans - 2-5 years 11,703 18,648
Bank loans more 5 yr by instal - 681
18,630 25,545

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 681

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 May 2023 47,184
Profit for the year 92,274
Dividends (36,302 )
At 30 April 2024 103,156