IRIS Accounts Production v24.2.0.383 09242659 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:kWh092426592022-12-31092426592023-12-31092426592023-01-012023-12-31092426592021-12-31092426592022-01-012022-12-31092426592022-12-3109242659ns15:EnglandWales2023-01-012023-12-3109242659ns14:PoundSterling2023-01-012023-12-3109242659ns10:Director12023-01-012023-12-3109242659ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109242659ns10:SmallEntities2023-01-012023-12-3109242659ns10:Audited2023-01-012023-12-3109242659ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109242659ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109242659ns10:FullAccounts2023-01-012023-12-3109242659ns10:OrdinaryShareClass12023-01-012023-12-3109242659ns10:RegisteredOffice2023-01-012023-12-3109242659ns5:CurrentFinancialInstruments2023-12-3109242659ns5:CurrentFinancialInstruments2022-12-3109242659ns5:Non-currentFinancialInstruments2023-12-3109242659ns5:Non-currentFinancialInstruments2022-12-3109242659ns5:ShareCapital2023-12-3109242659ns5:ShareCapital2022-12-3109242659ns5:RetainedEarningsAccumulatedLosses2023-12-3109242659ns5:RetainedEarningsAccumulatedLosses2022-12-3109242659ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-01-012023-12-3109242659ns5:LeaseholdImprovements2023-01-012023-12-3109242659ns5:LandBuildings2022-12-3109242659ns5:LeaseholdImprovements2022-12-3109242659ns5:LandBuildings2023-01-012023-12-3109242659ns5:LandBuildings2023-12-3109242659ns5:LeaseholdImprovements2023-12-3109242659ns5:LandBuildings2022-12-3109242659ns5:LeaseholdImprovements2022-12-3109242659ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3109242659ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3109242659ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-12-3109242659ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-12-3109242659ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 09242659 (England and Wales)















THE ABBEY NURSERY LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






THE ABBEY NURSERY LTD (REGISTERED NUMBER: 09242659)






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 ABBEY NURSERY 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: 09242659 (England and Wales)





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

THE ABBEY NURSERY LTD (REGISTERED NUMBER: 09242659)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 223,834 235,331

CURRENT ASSETS
Debtors 5 8,384 8,941
Cash at bank and in hand 3,999 2,226
12,383 11,167
CREDITORS
Amounts falling due within one year 6 41,638 31,489
NET CURRENT LIABILITIES (29,255 ) (20,322 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,579

215,009

CREDITORS
Amounts falling due after more than one
year

7

20,376

26,820
NET ASSETS 174,203 188,189

CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and loss account 174,103 188,089
SHAREHOLDERS' FUNDS 174,203 188,189

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 ABBEY NURSERY LTD (REGISTERED NUMBER: 09242659)

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

1. STATUTORY INFORMATION

The Abbey Nursery 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.
Freehold property - 2% on cost
Improvements to property - 4% 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.

THE ABBEY NURSERY LTD (REGISTERED NUMBER: 09242659)

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 13 (2022 - 13 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to
property property Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 22,416 287,431 309,847
DEPRECIATION
At 1 January 2023 - 74,516 74,516
Charge for year - 11,497 11,497
At 31 December 2023 - 86,013 86,013
NET BOOK VALUE
At 31 December 2023 22,416 201,418 223,834
At 31 December 2022 22,416 212,915 235,331

Included in cost of land and buildings is freehold land of £ 22,416 (2022 - £ 22,416 ) which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 7,256 8,069
Prepayments 1,128 872
8,384 8,941

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 6,735 2,507
Amounts owed to group undertakings 10,364 -
Corporation tax - 6,073
Social security and other taxes 2,378 1,077
Other creditors 51 51
Accrued expenses 12,110 11,781
41,638 31,489

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans due in 1 to 5 years 20,376 26,820

THE ABBEY NURSERY LTD (REGISTERED NUMBER: 09242659)

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

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. OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £658,750 (2022: £701,250).

11. 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.