Registration number:
Wendy House Holdings Limited
for the Year Ended 30 July 2024
Wendy House Holdings Limited
Contents
Abridged Balance Sheet |
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Notes to the Unaudited Abridged Financial Statements |
Wendy House Holdings Limited
(Registration number: 09738576)
Abridged Balance Sheet as at 30 July 2024
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2024 |
2023 |
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Fixed assets |
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Tangible assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Accruals and deferred income |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
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Shareholders' funds |
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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:
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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
Wendy House Holdings Limited
(Registration number: 09738576)
Abridged Balance Sheet as at 30 July 2024
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Wendy House Holdings Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 July 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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
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.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Wendy House Holdings Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 July 2024
Tangible assets |
Land and buildings |
Total |
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Cost or valuation |
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Additions |
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At 30 July 2024 |
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Depreciation |
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Carrying amount |
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At 30 July 2024 |
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Included within the net book value of land and buildings above is £910,427 (2023 - £Nil) in respect of freehold land and buildings.
Investments |
Total |
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Cost or valuation |
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At 31 July 2023 |
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Provision |
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Carrying amount |
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At 30 July 2024 |
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At 30 July 2023 |
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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
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Investments (continued) |
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2024 |
2023 |
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Subsidiary undertakings |
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England & Wales |
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England & Wales |
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Subsidiary undertakings |
The Wendy House Day Nursery Limited The principal activity of The Wendy House Day Nursery Limited is |
The Wendy House Day Nursery Impington Limited The principal activity of The Wendy House Day Nursery Impington Limited is |
Share capital |
Allotted, called up and fully paid shares
2024 |
2023 |
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No. |
£ |
No. |
£ |
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204 |
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204 |
Wendy House Holdings Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 July 2024
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 |
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Directors Loan Account. |
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Ms Jacquie Claire Ellison |
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Directors Loan Account |
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2023 |
At 31 July 2022 |
Advances to director |
Repayments by director |
At 30 July 2023 |
Mr Matthew James Darby |
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Directors Loan Account. |
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Ms Jacquie Claire Ellison |
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Directors Loan Account |
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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 £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.
Ultimate controlling party |
The ultimate controlling party is