Wendy House Holdings Limited 09738576 false 2023-07-31 2024-07-30 2024-07-30 The principal activity of the company is that of a holding company. Digita Accounts Production Advanced 6.30.9574.0 true false false true true 09738576 2023-07-31 2024-07-30 09738576 2024-07-30 09738576 bus:Director1 1 2024-07-30 09738576 bus:Director2 1 2024-07-30 09738576 bus:OrdinaryShareClass1 2024-07-30 09738576 core:RetainedEarningsAccumulatedLosses 2024-07-30 09738576 core:ShareCapital 2024-07-30 09738576 core:CurrentFinancialInstruments 2024-07-30 09738576 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-30 09738576 core:Non-currentFinancialInstruments 2024-07-30 09738576 core:LandBuildings 2024-07-30 09738576 bus:SmallEntities 2023-07-31 2024-07-30 09738576 bus:AuditExemptWithAccountantsReport 2023-07-31 2024-07-30 09738576 bus:FilletedAccounts 2023-07-31 2024-07-30 09738576 bus:SmallCompaniesRegimeForAccounts 2023-07-31 2024-07-30 09738576 bus:RegisteredOffice 2023-07-31 2024-07-30 09738576 bus:Director1 2023-07-31 2024-07-30 09738576 bus:Director1 1 2023-07-31 2024-07-30 09738576 bus:Director2 2023-07-31 2024-07-30 09738576 bus:Director2 1 2023-07-31 2024-07-30 09738576 bus:OrdinaryShareClass1 2023-07-31 2024-07-30 09738576 bus:PrivateLimitedCompanyLtd 2023-07-31 2024-07-30 09738576 core:LandBuildings 2023-07-31 2024-07-30 09738576 core:AllSubsidiaries 2023-07-31 2024-07-30 09738576 core:Subsidiary1 2023-07-31 2024-07-30 09738576 core:Subsidiary1 1 2023-07-31 2024-07-30 09738576 core:Subsidiary1 countries:AllCountries 2023-07-31 2024-07-30 09738576 core:Subsidiary2 2023-07-31 2024-07-30 09738576 core:Subsidiary2 1 2023-07-31 2024-07-30 09738576 core:Subsidiary2 countries:AllCountries 2023-07-31 2024-07-30 09738576 1 2023-07-31 2024-07-30 09738576 countries:EnglandWales 2023-07-31 2024-07-30 09738576 bus:Director1 1 2023-07-30 09738576 bus:Director2 1 2023-07-30 09738576 core:CostValuation core:Non-currentFinancialInstruments 2023-07-30 09738576 2022-07-31 2023-07-30 09738576 2023-07-30 09738576 bus:Director1 1 2023-07-30 09738576 bus:Director2 1 2023-07-30 09738576 bus:OrdinaryShareClass1 2023-07-30 09738576 core:RetainedEarningsAccumulatedLosses 2023-07-30 09738576 core:ShareCapital 2023-07-30 09738576 core:CurrentFinancialInstruments 2023-07-30 09738576 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-30 09738576 core:Non-currentFinancialInstruments 2023-07-30 09738576 bus:Director1 1 2022-07-31 2023-07-30 09738576 bus:Director2 1 2022-07-31 2023-07-30 09738576 core:Subsidiary1 1 2022-07-31 2023-07-30 09738576 core:Subsidiary2 1 2022-07-31 2023-07-30 09738576 bus:Director1 1 2022-07-30 09738576 bus:Director2 1 2022-07-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09738576

Wendy House Holdings Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 July 2024

 

Wendy House Holdings Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 7

 

Wendy House Holdings Limited

(Registration number: 09738576)
Abridged Balance Sheet as at 30 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

910,427

-

Investments

5

104

104

 

910,531

104

Current assets

 

Debtors

222,993

40,000

Cash at bank and in hand

 

231,945

835,967

 

454,938

875,967

Creditors: Amounts falling due within one year

(291,048)

(57,205)

Net current assets

 

163,890

818,762

Total assets less current liabilities

 

1,074,421

818,866

Accruals and deferred income

 

(900)

(900)

Net assets

 

1,073,521

817,966

Capital and reserves

 

Called up share capital

6

204

204

Retained earnings

1,073,317

817,762

Shareholders' funds

 

1,073,521

817,966

For the financial year ending 30 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 October 2024 and signed on its behalf by:
 

 

Wendy House Holdings Limited

(Registration number: 09738576)
Abridged Balance Sheet as at 30 July 2024

.........................................
Mr Matthew James Darby
Director

.........................................
Ms Jacquie Claire Ellison
Director

 

Wendy House Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
East Suite Manor Farm Business Park
Shingay Cum Wendy
Royston
Herts
SG8 0HW
England

These financial statements were authorised for issue by the Board on 28 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Group accounts not prepared

In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts..

 

Wendy House Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 July 2024

2

Accounting policies (continued)

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Wendy House Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 July 2024

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

Additions

910,427

910,427

At 30 July 2024

910,427

910,427

Depreciation

Carrying amount

At 30 July 2024

910,427

910,427

Included within the net book value of land and buildings above is £910,427 (2023 - £Nil) in respect of freehold land and buildings.
 

5

Investments

Total
£

Cost or valuation

At 31 July 2023

104

Provision

Carrying amount

At 30 July 2024

104

At 30 July 2023

104

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

 

Wendy House Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 July 2024

5

Investments (continued)

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2024

2023

Subsidiary undertakings

The Wendy House Day Nursery Limited

England & Wales

Ordinary shares

100%

100%

The Wendy House Day Nursery Impington Limited

England & Wales

Ordinary shares

100%

100%

Subsidiary undertakings

The Wendy House Day Nursery Limited

The principal activity of The Wendy House Day Nursery Limited is that of a children's day nursery and pre-school.

The Wendy House Day Nursery Impington Limited

The principal activity of The Wendy House Day Nursery Impington Limited is that of a children's day nursery and pre-school.

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

204

204

204

204

       
 

Wendy House Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 July 2024

7

Related party transactions

Transactions with directors

2024

At 31 July 2023
£

Advances to director
£

Repayments by director
£

At 30 July 2024
£

Mr Matthew James Darby

Directors Loan Account.

417

170,477

(38,000)

132,894

Ms Jacquie Claire Ellison

Directors Loan Account

(1,676)

133,026

(41,250)

90,100

2023

At 31 July 2022
£

Advances to director
£

Repayments by director
£

At 30 July 2023
£

Mr Matthew James Darby

Directors Loan Account.

(54)

151,571

(151,100)

417

Ms Jacquie Claire Ellison

Directors Loan Account

(8,953)

158,376

(151,100)

(1,676)


These loans are repaid within 9 months of the financial year end and interest is charged at a market rate.

Summary of transactions with subsidiaries

At the balance sheet date, the company owed £151,596 (2023: £29,920 ) to the Wendy House Day Nursery Impington Limited, a company controlled by Mr M Darby and Ms J Ellison. The amount is repayable on demand and no interest is being charged.

At the balance sheet date, the company owed £139,452 (2023: £26,026 ) to the Wendy House Day Nursery Limited, a company controlled by Mr M Darby and Ms J Ellison. The amount is repayable on demand and no interest is being charged.

 

8

Ultimate controlling party

The ultimate controlling party is Mr M Darby and Ms J Ellison by virtue of their shareholdings.