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REGISTERED NUMBER: 04441787 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

TURTLES NURSERIES (PENKRIDGE) LIMITED

TURTLES NURSERIES (PENKRIDGE) LIMITED (REGISTERED NUMBER: 04441787)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TURTLES NURSERIES (PENKRIDGE) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mrs R Rupal
A Rupal





REGISTERED OFFICE: Harpal House 14 Holyhead Road
Handsworth
Birmingham
B21 0LT





REGISTERED NUMBER: 04441787 (England and Wales)

TURTLES NURSERIES (PENKRIDGE) LIMITED (REGISTERED NUMBER: 04441787)

BALANCE SHEET
30 NOVEMBER 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,906 11,640

CURRENT ASSETS
Stocks 5 206 601
Debtors 6 38,203 38,157
Cash at bank and in hand 17,668 12,298
56,077 51,056
CREDITORS
Amounts falling due within one year 7 65,883 59,971
NET CURRENT LIABILITIES (9,806 ) (8,915 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

100

2,725

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 - 2,625
SHAREHOLDERS' FUNDS 100 2,725

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:





Mrs R Rupal - Director


TURTLES NURSERIES (PENKRIDGE) LIMITED (REGISTERED NUMBER: 04441787)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Turtles Nurseries (Penkridge) Limited 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Play equipment - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

TURTLES NURSERIES (PENKRIDGE) LIMITED (REGISTERED NUMBER: 04441787)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

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 17 (2022 - 20 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Play and Computer
equipment fittings equipment Totals
£    £    £    £   
COST
At 1 December 2022 27,743 25,236 15,529 68,508
Additions - 735 1,273 2,008
At 30 November 2023 27,743 25,971 16,802 70,516
DEPRECIATION
At 1 December 2022 25,096 19,094 12,678 56,868
Charge for year 662 1,719 1,361 3,742
At 30 November 2023 25,758 20,813 14,039 60,610
NET BOOK VALUE
At 30 November 2023 1,985 5,158 2,763 9,906
At 30 November 2022 2,647 6,142 2,851 11,640

5. STOCKS
30/11/23 30/11/22
£    £   
Stocks 206 601

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Intercompany 37,050 37,050
Prepayments 1,153 1,107
38,203 38,157

TURTLES NURSERIES (PENKRIDGE) LIMITED (REGISTERED NUMBER: 04441787)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade creditors 4,108 3,206
Tax 1,452 1,681
Social security and other taxes 15,874 10,989
Other creditors 100 100
Tinkerbells Nursery 6,788 -
Net Wages 21,753 30,307
Directors' current accounts 14,050 12,050
Accrued expenses 1,758 1,638
65,883 59,971

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/11/23 30/11/22
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 December 2022 2,625
Profit for the year 4,163
Dividends (6,788 )
At 30 November 2023 -