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Company Registration No. 08524946 (England and Wales)
Squirrels Nursery Limited Unaudited accounts for the year ended 31 August 2024
Squirrels Nursery Limited Unaudited accounts Contents
Page
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Squirrels Nursery Limited Company Information for the year ended 31 August 2024
Directors
Mrs D Caliskan Mr W J Stokes
Company Number
08524946 (England and Wales)
Registered Office
The Acorns Centre 3 The Kestrels Eagle Avenue Waterlooville Hampshire PO8 9GX United Kingdom
Accountants
TBT Accountancy Ltd Kingfisher House Rownhams Lane North Baddesley Southampton Hampshire SO52 9LP
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Squirrels Nursery Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
545 
6,270 
Current assets
Debtors
124,930 
36,267 
Cash at bank and in hand
15,633 
746 
140,563 
37,013 
Creditors: amounts falling due within one year
(94,014)
(59,582)
Net current assets/(liabilities)
46,549 
(22,569)
Total assets less current liabilities
47,094 
(16,299)
Creditors: amounts falling due after more than one year
(7,498)
(13,499)
Provisions for liabilities
Other provisions
(103)
(1,191)
Net assets/(liabilities)
39,493 
(30,989)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
39,393 
(31,089)
Shareholders' funds
39,493 
(30,989)
For the year ending 31 August 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by
Mr W J Stokes Director Company Registration No. 08524946
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Squirrels Nursery Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Squirrels Nursery Limited is a private company, limited by shares, registered in England and Wales, registration number 08524946. The registered office is The Acorns Centre 3 The Kestrels, Eagle Avenue, Waterlooville, Hampshire, PO8 9GX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and other sales taxes. Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight line basis
Fixtures & fittings
25% Straight line basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Squirrels Nursery Limited Notes to the Accounts for the year ended 31 August 2024
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
18,322 
27,877 
46,199 
At 31 August 2024
18,322 
27,877 
46,199 
Depreciation
At 1 September 2023
16,375 
23,554 
39,929 
Charge for the year
1,695 
4,030 
5,725 
At 31 August 2024
18,070 
27,584 
45,654 
Net book value
At 31 August 2024
252 
293 
545 
At 31 August 2023
1,947 
4,323 
6,270 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,567 
4,324 
Accrued income and prepayments
32,114 
20,470 
Other debtors
88,249 
11,473 
124,930 
36,267 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,000 
14,882 
Trade creditors
19,039 
18,194 
Taxes and social security
63,547 
23,548 
Other creditors
2,047 
2,958 
Accruals
3,381 
- 
94,014 
59,582 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,498 
13,499 
8
Average number of employees
During the year the average number of employees was 35 (2023: 35).
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