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REGISTERED NUMBER: 10034299 (England and Wales)















Financial Statements For The Year Ended 31st March 2024

for

Ladybird Nurseries London Ltd

Ladybird Nurseries London Ltd (Registered number: 10034299)






Contents of the Financial Statements
For The Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ladybird Nurseries London Ltd

Company Information
For The Year Ended 31st March 2024







DIRECTOR: E Bhatia





REGISTERED OFFICE: 63 High Street
Chislehurst
Kent
BR7 5BE





REGISTERED NUMBER: 10034299 (England and Wales)





ACCOUNTANTS: Baker Britt
Chartered Accountants
63 High Street
Chislehurst
Kent
BR7 5AF

Ladybird Nurseries London Ltd (Registered number: 10034299)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,000 16,000
Tangible assets 5 530,087 539,254
542,087 555,254

CURRENT ASSETS
Debtors 6 9,689 5,707
Cash at bank 537,002 284,031
546,691 289,738
CREDITORS
Amounts falling due within one year 7 207,973 170,589
NET CURRENT ASSETS 338,718 119,149
TOTAL ASSETS LESS CURRENT
LIABILITIES

880,805

674,403

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 880,705 674,303
SHAREHOLDERS' FUNDS 880,805 674,403

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26th November 2024 and were signed by:





E Bhatia - Director


Ladybird Nurseries London Ltd (Registered number: 10034299)

Notes to the Financial Statements
For The Year Ended 31st March 2024

1. STATUTORY INFORMATION

Ladybird Nurseries London Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Ladybird Nurseries London Ltd (Registered number: 10034299)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 27 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2023
and 31st March 2024 40,000
AMORTISATION
At 1st April 2023 24,000
Charge for year 4,000
At 31st March 2024 28,000
NET BOOK VALUE
At 31st March 2024 12,000
At 31st March 2023 16,000

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st April 2023 606,421 46,411 652,832
Additions - 7,320 7,320
At 31st March 2024 606,421 53,731 660,152
DEPRECIATION
At 1st April 2023 70,061 43,517 113,578
Charge for year 12,129 4,358 16,487
At 31st March 2024 82,190 47,875 130,065
NET BOOK VALUE
At 31st March 2024 524,231 5,856 530,087
At 31st March 2023 536,360 2,894 539,254

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 9,689 5,707

Ladybird Nurseries London Ltd (Registered number: 10034299)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 109,725 92,026
Other creditors 98,248 78,563
207,973 170,589