REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 January 2024 |
for |
Foundations Nursery Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 January 2024 |
for |
Foundations Nursery Limited |
Foundations Nursery Limited (Registered number: 10553399) |
Contents of the Financial Statements |
for the Year Ended 31 January 2024 |
Page |
Balance Sheet | 1 |
Foundations Nursery Limited (Registered number: 10553399) |
Balance Sheet |
31 January 2024 |
2024 | 2023 |
£ | £ | £ | £ |
FIXED ASSETS |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Foundations Nursery Limited is a |
Registered number: |
Registered office: |
2. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the year was |
3. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The Company owes Twenty Three Meanwood Limited £2942 as at 31st January 2024 (2023: £14,077). The loan is interest free. Mr & Mrs Patrick are also Directors and Shareholders of Twenty Three Meanwood Limited. Twenty Three Meanwood Limited will not call the loan in within the next 12 months. |
Twenty Three Meanwood Limited owns the Nursery Building and charged rent of £10,000 (2023:£17,300) |
4. | GOODWILL AND DEPRECIATION POLICY |
The Policy of Goodwill purchased at cost price from Beekaboo Nursery £134,681 on 08 May 2017 is that it is a non- depreciating asset of the Company and the Directors considered at the time that it was recoverable if the Company sold in the current market due to expansion of the Business by the Directors since commencement of trading. |
Foundations Nursery Limited (Registered number: 10553399) |
Balance Sheet - continued |
31 January 2024 |
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 were approved by the Board of Directors and authorised for issue on |