IRIS Accounts Production v24.2.0.383 08958966 director 1.1.23 31.12.23 31.12.23 25.9.24 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089589662022-12-31089589662023-12-31089589662023-01-012023-12-31089589662021-12-31089589662022-01-012022-12-31089589662022-12-3108958966ns15:EnglandWales2023-01-012023-12-3108958966ns14:PoundSterling2023-01-012023-12-3108958966ns10:Director12023-01-012023-12-3108958966ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3108958966ns10:SmallEntities2023-01-012023-12-3108958966ns10:Audited2023-01-012023-12-3108958966ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3108958966ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3108958966ns10:FullAccounts2023-01-012023-12-3108958966ns10:OrdinaryShareClass12023-01-012023-12-3108958966ns10:RegisteredOffice2023-01-012023-12-3108958966ns5:CurrentFinancialInstruments2023-12-3108958966ns5:CurrentFinancialInstruments2022-12-3108958966ns5:Non-currentFinancialInstruments2023-12-3108958966ns5:Non-currentFinancialInstruments2022-12-3108958966ns5:ShareCapital2023-12-3108958966ns5:ShareCapital2022-12-3108958966ns5:RevaluationReserve2023-12-3108958966ns5:RevaluationReserve2022-12-3108958966ns5:RetainedEarningsAccumulatedLosses2023-12-3108958966ns5:RetainedEarningsAccumulatedLosses2022-12-3108958966ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-01-012023-12-3108958966ns5:LandBuildings2022-12-3108958966ns5:LandBuildings2023-01-012023-12-3108958966ns5:LandBuildings2023-12-3108958966ns5:LandBuildings2022-12-3108958966ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3108958966ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3108958966ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-12-3108958966ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-12-3108958966ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 08958966 (England and Wales)















THE STABLES NURSERY SCHOOL LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






THE STABLES NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 08958966)






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 STABLES NURSERY SCHOOL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mrs S J Jones





REGISTERED OFFICE: 232 Hall Street
Warrington
Cheshire
WA1 2BW





REGISTERED NUMBER: 08958966 (England and Wales)





AUDITORS: Murray Smith LLP
Chartered Accountants
Statutory Auditors
Darland House
44 Winnington Hill
Northwich
Cheshire
CW8 1AU

THE STABLES NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 08958966)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,536,000 1,568,000

CURRENT ASSETS
Debtors 5 13,449 10,078
Cash at bank and in hand 2,412 8,438
15,861 18,516
CREDITORS
Amounts falling due within one year 6 362,230 335,771
NET CURRENT LIABILITIES (346,369 ) (317,255 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,189,631

1,250,745

CREDITORS
Amounts falling due after more than one
year

7

(685,590

)

(691,132

)

PROVISIONS FOR LIABILITIES (107,425 ) (163,976 )
NET ASSETS 396,616 395,637

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 657,486 657,486
Profit and loss account (260,970 ) (261,949 )
SHAREHOLDERS' FUNDS 396,616 395,637

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 director and authorised for issue on 23 September 2024 and were signed by:





Mrs S J Jones - Director


THE STABLES NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 08958966)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

The Stables Nursery School 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 as modified by the revaluation of certain assets.

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.
Freehold property - 2% on cost

Freehold property is included at fair value at the date of the most recent valuation, less any subsequent accumulated depreciation. Gains are recognised in other comprehensive income and accumulated in the revaluation reserve. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments
Basic financial assets and liabilities are initially recognised at the transaction price unless the arrangement constitutes a financing transaction where the transaction is measured at the present value of the future payments discounted at a market rate of interest.

Such assets and liabilities are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

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 STABLES NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 08958966)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

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 21 (2022 - 20 ) .

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
At 1 January 2023
and 31 December 2023 1,600,000
DEPRECIATION
At 1 January 2023 32,000
Charge for year 32,000
At 31 December 2023 64,000
NET BOOK VALUE
At 31 December 2023 1,536,000
At 31 December 2022 1,568,000

Cost or valuation at 31 December 2023 is represented by:

Freehold
property
£   
Valuation in 2016 700,000
Valuation in 2021 241,973
Cost 658,027
1,600,000

Freehold property was valued on an open market basis on 9 September 2021 by Morgans of Cheshire .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 7,130 4,795
Other debtors 148 -
Prepayments 6,171 5,283
13,449 10,078

THE STABLES NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 08958966)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 8,903 14,342
Amounts owed to group undertakings 333,925 270,377
Corporation tax - 4,135
Social security and other taxes 5,070 5,160
Other creditors - 40
Accrued expenses 4,332 31,717
362,230 335,771

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans due in 1 to 5 years 19,530 25,072
Other creditors 666,060 666,060
685,590 691,132

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Steven Williams (Senior Statutory Auditor)
for and on behalf of Murray Smith LLP

10. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Helium Miracle 157 Limited. The registered office and principal place of business of the parent company is 232 Hall Street, Warrington, Cheshire, WA1 2BW.