Company Registration No. 04560589 (England and Wales)
OAK TREE KINDERGARTEN LIMITED
Unaudited accounts
for the year ended 30 September 2024
OAK TREE KINDERGARTEN LIMITED
Unaudited accounts
Contents
OAK TREE KINDERGARTEN LIMITED
Company Information
for the year ended 30 September 2024
Director
Karthika Kaneshanathan
Company Number
04560589 (England and Wales)
Registered Office
108 FAIRMILE LANE
COBHAM
KT11 2BX
ENGLAND
Accountants
Tax Whizz
Greencoat House, First Floor
259 Stratford Road
Birmingham
West Midlands
B11 1QS
OAK TREE KINDERGARTEN LIMITED
Statement of financial position
as at 30 September 2024
Tangible assets
382,783
383,245
Cash at bank and in hand
48,638
32,503
Creditors: amounts falling due within one year
(91,572)
(74,612)
Net current liabilities
(42,934)
(42,109)
Total assets less current liabilities
339,849
341,136
Creditors: amounts falling due after more than one year
(134,413)
(214,839)
Net assets
205,436
126,297
Called up share capital
10,000
10,000
Profit and loss account
195,436
116,297
Shareholders' funds
205,436
126,297
For the year ending 30 September 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 director acknowledges her 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 and authorised for issue on 25 November 2024 and were signed on its behalf by
Karthika Kaneshanathan
Director
Company Registration No. 04560589
OAK TREE KINDERGARTEN LIMITED
Notes to the Accounts
for the year ended 30 September 2024
OAK TREE KINDERGARTEN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04560589. The registered office is 108 FAIRMILE LANE, COBHAM, KT11 2BX, ENGLAND.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight Line
Plant & machinery
20% Straight Line
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
OAK TREE KINDERGARTEN LIMITED
Notes to the Accounts
for the year ended 30 September 2024
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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Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 October 2023
400,000
150,782
550,782
At 30 September 2024
401,451
150,782
552,233
At 1 October 2023
22,678
144,859
167,537
Charge for the year
24
1,889
1,913
At 30 September 2024
22,702
146,748
169,450
At 30 September 2024
378,749
4,034
382,783
At 30 September 2023
377,322
5,923
383,245
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
21,316
49,094
Other creditors
1,598
1,921
Deferred income
64,434
23,597
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Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
108,147
162,203
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000
10,000
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Transactions with related parties
INTEREST PAYABLE AND SIMILAR EXPENSES ON LOANS FROM GROUP
UNDERTAKINGS
Parent company has charged interest at 5% per annum, from the beginning of the accounting
period.
OAK TREE KINDERGARTEN LIMITED
Notes to the Accounts
for the year ended 30 September 2024
Greenacres Nurseries Limited
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Average number of employees
During the year the average number of employees was 28 (2023: 40).