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REGISTERED NUMBER: 05049663 (England and Wales)















KALGARTH GRANGE NURSERY SCHOOL LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






KALGARTH GRANGE NURSERY SCHOOL LTD (REGISTERED NUMBER: 05049663)






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


KALGARTH GRANGE NURSERY SCHOOL LTD

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: 05049663 (England and Wales)





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

KALGARTH GRANGE NURSERY SCHOOL LTD (REGISTERED NUMBER: 05049663)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,659 4,038

CURRENT ASSETS
Debtors 5 278,903 169,124
Cash at bank 37,313 39,352
316,216 208,476
CREDITORS
Amounts falling due within one year 6 117,728 106,743
NET CURRENT ASSETS 198,488 101,733
TOTAL ASSETS LESS CURRENT
LIABILITIES

204,147

105,771

CREDITORS
Amounts falling due after more than one
year

7

(21,218

)

(26,742

)

PROVISIONS FOR LIABILITIES (1,415 ) (767 )
NET ASSETS 181,514 78,262

CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and loss account 181,414 78,162
SHAREHOLDERS' FUNDS 181,514 78,262

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


KALGARTH GRANGE NURSERY SCHOOL LTD (REGISTERED NUMBER: 05049663)

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

1. STATUTORY INFORMATION

Kalgarth Grange Nursery School Ltd 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.
Improvements to property - 25% on cost

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.

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.

KALGARTH GRANGE NURSERY SCHOOL LTD (REGISTERED NUMBER: 05049663)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2022 - 28 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to
property
£   
COST
At 1 January 2023 47,917
Additions 3,710
At 31 December 2023 51,627
DEPRECIATION
At 1 January 2023 43,879
Charge for year 2,089
At 31 December 2023 45,968
NET BOOK VALUE
At 31 December 2023 5,659
At 31 December 2022 4,038

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 7,338 6,090
Amounts owed by group undertakings 264,648 156,827
Prepayments 6,917 6,207
278,903 169,124

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 20,857 24,989
Corporation tax 50,109 33,138
Social security and other taxes 4,621 5,035
Accruals and deferred income 32,141 33,581
117,728 106,743

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans due in 1 to 5 years 21,218 26,742

KALGARTH GRANGE NURSERY SCHOOL LTD (REGISTERED NUMBER: 05049663)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 31,218 36,742

9. CALLED UP SHARE CAPITAL

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

10. 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

11. CONTINGENT LIABILITIES

The company has guaranteed the bank borrowings of Evolution Care Property Ltd, which amounted to £462,240 at the year end (2022: £507,081). This cross guarantee is secured by a debenture creating a fixed and floating charge over the assets of the company.

12. 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.