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Company Registration No. 10788918 (England and Wales)
LITTLE OWLS DAY NURSERY (SCARNING) LIMITED Unaudited accounts for the year ended 31 May 2024
LITTLE OWLS DAY NURSERY (SCARNING) LIMITED Unaudited accounts Contents
Page
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LITTLE OWLS DAY NURSERY (SCARNING) LIMITED Company Information for the year ended 31 May 2024
Directors
Jonathan Charles Watts Justine Watts
Company Number
10788918 (England and Wales)
Registered Office
The Lodge The Street Scoulton Norwich Norfolk NR9 4PE England
Accountants
Azoth Digital Accountants Jonathan Scott Hall Thorpe Road Norwich Norfolk NR1 1UH
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LITTLE OWLS DAY NURSERY (SCARNING) LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,996 
5,878 
Investment property
64,698 
64,698 
69,694 
70,576 
Current assets
Debtors
19,398 
6,353 
Cash at bank and in hand
42,143 
72,884 
61,541 
79,237 
Creditors: amounts falling due within one year
(62,144)
(78,758)
Net current (liabilities)/assets
(603)
479 
Total assets less current liabilities
69,091 
71,055 
Provisions for liabilities
Deferred tax
(949)
(1,118)
Net assets
68,142 
69,937 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
68,042 
69,837 
Shareholders' funds
68,142 
69,937 
For the year ending 31 May 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 14 December 2024 and were signed on its behalf by
Jonathan Charles Watts Director Company Registration No. 10788918
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LITTLE OWLS DAY NURSERY (SCARNING) LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
LITTLE OWLS DAY NURSERY (SCARNING) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10788918. The registered office is The Lodge, The Street, Scoulton, Norwich, Norfolk, NR9 4PE, England.
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.
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
15% RBM
Computer equipment
15% RBM
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
12,028 
499 
12,527 
At 31 May 2024
12,028 
499 
12,527 
Depreciation
At 1 June 2023
6,410 
239 
6,649 
Charge for the year
843 
39 
882 
At 31 May 2024
7,253 
278 
7,531 
Net book value
At 31 May 2024
4,775 
221 
4,996 
At 31 May 2023
5,618 
260 
5,878 
5
Investment property
2024 
£ 
Fair value at 1 June 2023
64,698 
At 31 May 2024
64,698 
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LITTLE OWLS DAY NURSERY (SCARNING) LIMITED Notes to the Accounts for the year ended 31 May 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,398 
6,353 
Other debtors
10,000 
- 
19,398 
6,353 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
943 
846 
Amounts owed to group undertakings and other participating interests
73,368 
73,368 
Taxes and social security
7,851 
4,264 
Other creditors
(6,812)
- 
Loans from directors
(13,206)
280 
62,144 
78,758 
8
Average number of employees
During the year the average number of employees was 23 (2023: 26).
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