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REGISTERED NUMBER: 05477407 (England and Wales)


















THE WILLCOCKS NURSERY SCHOOL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






THE WILLCOCKS NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 05477407)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


THE WILLCOCKS NURSERY SCHOOL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: Mrs L L L Taylor





SECRETARY: R P Taylor Esq





REGISTERED OFFICE: 23 Trinity Square
LLANDUDNO
Conwy
LL30 2RH





REGISTERED NUMBER: 05477407 (England and Wales)





ACCOUNTANTS: Hawley and Company
Chartered Accountants & Chartered Tax Advisers
First Floor Suite
23 Trinity Square
LLANDUDNO
North Wales
LL30 2RH

THE WILLCOCKS NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 05477407)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 1,464 1,265
1,465 1,266

CURRENT ASSETS
Stocks 11,000 11,000
Debtors 6 68,580 36,825
Cash at bank 995,396 908,433
1,074,976 956,258
CREDITORS
Amounts falling due within one year 7 391,956 350,067
NET CURRENT ASSETS 683,020 606,191
TOTAL ASSETS LESS CURRENT
LIABILITIES

684,485

607,457

PROVISIONS FOR LIABILITIES 8 593 240
NET ASSETS 683,892 607,217

CAPITAL AND RESERVES
Called up share capital 9 25 25
Retained earnings 683,867 607,192
SHAREHOLDERS' FUNDS 683,892 607,217

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

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

The director acknowledges her 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 WILLCOCKS NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 05477407)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2024


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 20 November 2024 and were signed by:





Mrs L L L Taylor - Director


THE WILLCOCKS NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 05477407)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

The Willcocks Nursery School 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.

Revenue recognition
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 2005, is being amortised evenly over its estimated useful life of five 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.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

THE WILLCOCKS NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 05477407)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 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.

Trade and other debtors
Trade and other debtors are initially recognised at their transaction price and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Trade and other creditors
Trade and other creditors are initially recognised at their transaction price and are thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 40,000
AMORTISATION
At 1 September 2023
and 31 August 2024 39,999
NET BOOK VALUE
At 31 August 2024 1
At 31 August 2023 1

THE WILLCOCKS NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 05477407)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2023 22,686 2,733 25,419
Additions 590 234 824
At 31 August 2024 23,276 2,967 26,243
DEPRECIATION
At 1 September 2023 22,233 1,921 24,154
Charge for year 297 328 625
At 31 August 2024 22,530 2,249 24,779
NET BOOK VALUE
At 31 August 2024 746 718 1,464
At 31 August 2023 453 812 1,265

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 68,580 36,825

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 37,566 42,120
Social security and other taxes 7,545 7,591
Other creditors 340,780 294,680
Accruals 6,065 5,676
391,956 350,067

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 593 240

Deferred
tax
£   
Balance at 1 September 2023 240
Accelerated capital allowances 353
Balance at 31 August 2024 593

THE WILLCOCKS NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 05477407)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
25 Ordinary £1 25 25