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REGISTERED NUMBER: 09357951 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

STORYBOOK DAY NURSERIES LIMITED

STORYBOOK DAY NURSERIES LIMITED (REGISTERED NUMBER: 09357951)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


STORYBOOK DAY NURSERIES LIMITED

Company Information
for the year ended 31 December 2023







Directors: Mrs S L Higgs
Mrs G G Stratton





Registered office: 107 Front Lane
Cranham
Upminster
Essex
RM14 1XN





Registered number: 09357951 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

STORYBOOK DAY NURSERIES LIMITED (REGISTERED NUMBER: 09357951)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 898,186 919,456

Current assets
Debtors 5 19,998 19,998
Cash at bank 30,911 33,018
50,909 53,016
Creditors
Amounts falling due within one year 6 104,659 79,719
Net current liabilities (53,750 ) (26,703 )
Total assets less current liabilities 844,436 892,753

Creditors
Amounts falling due after more than one year 7 (559,201 ) (595,979 )

Provisions for liabilities 9 (1,063 ) (2,758 )
Net assets 284,172 294,016

Capital and reserves
Called up share capital 10 100 100
Retained earnings 284,072 293,916
Shareholders' funds 284,172 294,016

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 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.

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 and authorised for issue by the Board of Directors and authorised for issue on 8 October 2024 and were signed on its behalf by:





Mrs G G Stratton - Director


STORYBOOK DAY NURSERIES LIMITED (REGISTERED NUMBER: 09357951)

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


1. Statutory information

Storybook Day Nurseries 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the fair value of net invoiced services, excluding value added tax.

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 - Straight line over 20 years
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 15% on reducing balance

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

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 34 (2022 - 28 ) .

STORYBOOK DAY NURSERIES LIMITED (REGISTERED NUMBER: 09357951)

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


4. Tangible fixed assets
Improvements Fixtures
Freehold to and
property property fittings
£    £    £   
Cost
At 1 January 2023 730,103 162,918 76,177
Additions - - 248
At 31 December 2023 730,103 162,918 76,425
Depreciation
At 1 January 2023 - 40,319 47,151
Charge for year - 8,146 5,869
At 31 December 2023 - 48,465 53,020
Net book value
At 31 December 2023 730,103 114,453 23,405
At 31 December 2022 730,103 122,599 29,026

Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 January 2023 46,092 2,231 1,017,521
Additions - - 248
At 31 December 2023 46,092 2,231 1,017,769
Depreciation
At 1 January 2023 9,218 1,377 98,065
Charge for year 7,375 128 21,518
At 31 December 2023 16,593 1,505 119,583
Net book value
At 31 December 2023 29,499 726 898,186
At 31 December 2022 36,874 854 919,456

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Other debtors 19,998 19,998

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 31,514 31,514
Other loans 20,000 -
Hire purchase contracts 6,509 6,509
Tax 37,189 29,958
Social security and other taxes 5,914 8,206
Other creditors 233 232
Accrued expenses 3,300 3,300
104,659 79,719

STORYBOOK DAY NURSERIES LIMITED (REGISTERED NUMBER: 09357951)

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


7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans - 2-5 years 536,608 566,877
Hire purchase contracts 22,593 29,102
559,201 595,979

8. Secured debts

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 568,122 598,391

The bank loan is secured against the freehold property of the company.

9. Provisions for liabilities
2023 2022
£    £   
Deferred tax 1,063 2,758

Deferred
tax
£   
Balance at 1 January 2023 2,758
Credit to Statement of Income and Retained Earnings during year (1,695 )
Balance at 31 December 2023 1,063

10. Called up share capital

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

11. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
Mrs S L Higgs
Balance outstanding at start of year 9,999 -
Amounts advanced - 9,999
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,999 9,999

STORYBOOK DAY NURSERIES LIMITED (REGISTERED NUMBER: 09357951)

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


11. Directors' advances, credits and guarantees - continued

Mrs G G Stratton
Balance outstanding at start of year 9,999 -
Amounts advanced - 9,999
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,999 9,999