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
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
LITTLE OWLS DAY NURSERY (SCARNING) LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
4,996
5,878
Investment property
64,698
64,698
Cash at bank and in hand
42,143
72,884
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
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
LITTLE OWLS DAY NURSERY (SCARNING) LIMITED
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
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:
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
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
At 31 May 2024
4,775
221
4,996
At 31 May 2023
5,618
260
5,878
Fair value at 1 June 2023
64,698
LITTLE OWLS DAY NURSERY (SCARNING) LIMITED
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
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
Loans from directors
(13,206)
280
8
Average number of employees
During the year the average number of employees was 23 (2023: 26).