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REGISTERED NUMBER: 10553399 (England and Wales)










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 125,539 90,500

CURRENT ASSETS 44,193 47,012

CREDITORS
Amounts falling due within one year (43,118 ) (49,406 )
NET CURRENT ASSETS/(LIABILITIES) 1,075 (2,394 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

126,614

88,106

CREDITORS
Amounts falling due after more than one
year

126,418

88,087
NET ASSETS 196 19

CAPITAL AND RESERVES 196 19

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Foundations Nursery Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10553399

Registered office: 3 Woodlea Drive
Meanwood
Leeds
United Kingdom
LS6 4SQ

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 24 (2023 - 25 ) .

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 company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2024 and were signed on its behalf by:





Mrs L E Patrick - Director