Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 09036172 Mrs Clare Standen Mr Gary Standen Mr William Windsor Miss Nicola Richardson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09036172 2023-04-30 09036172 2024-04-30 09036172 2023-05-01 2024-04-30 09036172 frs-core:CurrentFinancialInstruments 2024-04-30 09036172 frs-core:Non-currentFinancialInstruments 2024-04-30 09036172 frs-core:ComputerEquipment 2024-04-30 09036172 frs-core:ComputerEquipment 2023-05-01 2024-04-30 09036172 frs-core:ComputerEquipment 2023-04-30 09036172 frs-core:FurnitureFittings 2024-04-30 09036172 frs-core:FurnitureFittings 2023-05-01 2024-04-30 09036172 frs-core:FurnitureFittings 2023-04-30 09036172 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 09036172 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 09036172 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 09036172 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 09036172 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 09036172 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 09036172 frs-core:ShareCapital 2024-04-30 09036172 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 09036172 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09036172 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 09036172 frs-bus:SmallEntities 2023-05-01 2024-04-30 09036172 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09036172 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09036172 frs-bus:Director1 2023-05-01 2024-04-30 09036172 frs-bus:Director1 2023-04-30 09036172 frs-bus:Director1 2024-04-30 09036172 frs-bus:Director2 2023-05-01 2024-04-30 09036172 frs-bus:Director2 2023-04-30 09036172 frs-bus:Director2 2024-04-30 09036172 frs-bus:Director3 2023-05-01 2024-04-30 09036172 frs-bus:Director4 2023-05-01 2024-04-30 09036172 frs-countries:EnglandWales 2023-05-01 2024-04-30 09036172 2022-04-30 09036172 2023-04-30 09036172 2022-05-01 2023-04-30 09036172 frs-core:CurrentFinancialInstruments 2023-04-30 09036172 frs-core:Non-currentFinancialInstruments 2023-04-30 09036172 frs-core:ShareCapital 2023-04-30 09036172 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Bubbles Nurseries Limited
Financial Statements
For The Year Ended 30 April 2024
TaxAssist Accountants
133 Station Road
Sidcup
DA15 7AA
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09036172
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 580,676 594,911
580,676 594,911
CURRENT ASSETS
Debtors 5 85,412 90,675
Cash at bank and in hand 121,837 135,329
207,249 226,004
Creditors: Amounts Falling Due Within One Year 6 (144,695 ) (167,315 )
NET CURRENT ASSETS (LIABILITIES) 62,554 58,689
TOTAL ASSETS LESS CURRENT LIABILITIES 643,230 653,600
Creditors: Amounts Falling Due After More Than One Year 7 (388,789 ) (401,753 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (330 ) (448 )
NET ASSETS 254,111 251,399
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 253,911 251,199
SHAREHOLDERS' FUNDS 254,111 251,399
Page 1
Page 2
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gary Standen
Director
7 November 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bubbles Nurseries Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09036172 . The registered office is 133 Station Road, Sidcup, DA15 7AA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Depreciated over 50 years
Leasehold Amortised over the lease period
Fixtures & Fittings 25% Straight line
Computer Equipment 25% Straight line
Page 3
Page 4
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 39 (2023: 41)
39 41
4. Tangible Assets
Land & Property
Freehold Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 637,583 48,634 8,759 6,632 701,608
Additions - - 651 - 651
As at 30 April 2024 637,583 48,634 9,410 6,632 702,259
Depreciation
As at 1 May 2023 46,756 46,905 7,834 5,202 106,697
Provided during the period 12,752 864 553 717 14,886
As at 30 April 2024 59,508 47,769 8,387 5,919 121,583
Net Book Value
As at 30 April 2024 578,075 865 1,023 713 580,676
As at 1 May 2023 590,827 1,729 925 1,430 594,911
Page 4
Page 5
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 56,188 60,027
Prepayments and accrued income 6,417 6,417
Other debtors 16,000 16,000
Directors' loan accounts 6,807 8,231
85,412 90,675
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 15,075 27,819
Other taxes and social security 6,011 6,483
Other creditors 57,567 59,640
Accruals and deferred income 61,548 69,503
Directors' loan accounts 4,494 3,870
144,695 167,315
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 388,789 401,753
388,789 401,753
Barclays Security Trustee Limited holds fixed and floating charges over the company assets in respect of a business mortgage. 
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 5
Page 6
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Mrs Clare Standen 4,115 - 712 - 3,403
Mr Gary Standen 4,115 - 712 - 3,403
The above loan is unsecured, interest free and repayable on demand.
Page 6