IRIS Accounts Production v24.3.2.46 03806090 director 1.5.23 30.4.24 30.4.24 false true false false false true false Ordinary 1.00000 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038060902023-04-30038060902024-04-30038060902023-05-012024-04-30038060902022-04-30038060902022-05-012023-04-30038060902023-04-3003806090ns15:EnglandWales2023-05-012024-04-3003806090ns14:PoundSterling2023-05-012024-04-3003806090ns10:Director12023-05-012024-04-3003806090ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3003806090ns10:SmallEntities2023-05-012024-04-3003806090ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3003806090ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3003806090ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3003806090ns10:FullAccounts2023-05-012024-04-300380609012023-05-012024-04-3003806090ns10:OrdinaryShareClass12023-05-012024-04-3003806090ns10:CompanySecretary12023-05-012024-04-3003806090ns10:RegisteredOffice2023-05-012024-04-3003806090ns5:CurrentFinancialInstruments2024-04-3003806090ns5:CurrentFinancialInstruments2023-04-3003806090ns5:Non-currentFinancialInstruments2024-04-3003806090ns5:Non-currentFinancialInstruments2023-04-3003806090ns5:ShareCapital2024-04-3003806090ns5:ShareCapital2023-04-3003806090ns5:RetainedEarningsAccumulatedLosses2024-04-3003806090ns5:RetainedEarningsAccumulatedLosses2023-04-3003806090ns5:NetGoodwill2023-05-012024-04-3003806090ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-05-012024-04-3003806090ns5:FurnitureFittings2023-05-012024-04-3003806090ns5:MotorVehicles2023-05-012024-04-3003806090ns5:ComputerEquipment2023-05-012024-04-3003806090ns5:NetGoodwill2023-04-3003806090ns5:NetGoodwill2024-04-3003806090ns5:NetGoodwill2023-04-3003806090ns5:LandBuildings2023-04-3003806090ns5:PlantMachinery2023-04-3003806090ns5:FurnitureFittings2023-04-3003806090ns5:LandBuildings2023-05-012024-04-3003806090ns5:PlantMachinery2023-05-012024-04-3003806090ns5:LandBuildings2024-04-3003806090ns5:PlantMachinery2024-04-3003806090ns5:FurnitureFittings2024-04-3003806090ns5:LandBuildings2023-04-3003806090ns5:PlantMachinery2023-04-3003806090ns5:FurnitureFittings2023-04-3003806090ns5:MotorVehicles2023-04-3003806090ns5:ComputerEquipment2023-04-3003806090ns5:MotorVehicles2024-04-3003806090ns5:ComputerEquipment2024-04-3003806090ns5:MotorVehicles2023-04-3003806090ns5:ComputerEquipment2023-04-3003806090ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3003806090ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3003806090ns10:OrdinaryShareClass12024-04-30038060901ns10:Director12023-04-30038060901ns10:Director12022-04-30038060901ns10:Director12023-05-012024-04-30038060901ns10:Director12022-05-012023-04-30038060901ns10:Director12024-04-30038060901ns10:Director12023-04-30
REGISTERED NUMBER: 03806090 (England and Wales)



















CLOWNS DAY NURSERY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






CLOWNS DAY NURSERY LIMITED (REGISTERED NUMBER: 03806090)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 8


CLOWNS DAY NURSERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Ms C M Aldred





SECRETARY: Mr A T Large





REGISTERED OFFICE: 81 Burton Road
Derby
Derbyshire
DE1 1TJ





REGISTERED NUMBER: 03806090 (England and Wales)





ACCOUNTANTS: Johnson Tidsall Limited
Chartered Accountants
81 Burton Road
Derby
Derbyshire
DE1 1TJ

CLOWNS DAY NURSERY LIMITED (REGISTERED NUMBER: 03806090)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 17,121 23,016
Tangible assets 5 736,693 666,862
753,814 689,878

CURRENT ASSETS
Stocks 9,540 9,280
Debtors 6 157,033 113,680
Cash at bank and in hand 218,623 22,476
385,196 145,436
CREDITORS
Amounts falling due within one year 7 891,793 720,408
NET CURRENT LIABILITIES (506,597 ) (574,972 )
TOTAL ASSETS LESS CURRENT LIABILITIES 247,217 114,906

CREDITORS
Amounts falling due after more than one year 8 (27,097 ) -

PROVISIONS FOR LIABILITIES (16,381 ) (9,217 )
NET ASSETS 203,739 105,689

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 203,639 105,589
SHAREHOLDERS' FUNDS 203,739 105,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

CLOWNS DAY NURSERY LIMITED (REGISTERED NUMBER: 03806090)

BALANCE SHEET - continued
30 APRIL 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 January 2025 and were signed by:





Ms C M Aldred - Director


CLOWNS DAY NURSERY LIMITED (REGISTERED NUMBER: 03806090)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Clowns Day Nursery 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The coronavirus pandemic has disrupted individuals’ personal lives and businesses’ economic prospects in the UK and across the globe. The UK entered lockdown in March 2020 and some restrictions and social distancing provisions remain in place.

We have continued to prepare the accounts on a going concern basis and deem this appropriate. We do not consider that a material uncertainty about our going concern status currently exists. In making this assessment we have considered the likely trading conditions for a period of twelve months from the date of our approval of these accounts

Turnover
The turnover being fees receivable represents amounts invoiced during the year.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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 Statement of Income and Retained Earnings, 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.


CLOWNS DAY NURSERY LIMITED (REGISTERED NUMBER: 03806090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued
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.

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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Government grants
Revenue grants are taken to income over the period to which they relate on a straight line basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 31 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 117,906
AMORTISATION
At 1 May 2023 94,890
Charge for year 5,895
At 30 April 2024 100,785
NET BOOK VALUE
At 30 April 2024 17,121
At 30 April 2023 23,016

CLOWNS DAY NURSERY LIMITED (REGISTERED NUMBER: 03806090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 May 2023 969,238 329 108,973
Additions 36,192 - 13,971
At 30 April 2024 1,005,430 329 122,944
DEPRECIATION
At 1 May 2023 340,174 293 75,914
Charge for year 17,304 5 3,416
At 30 April 2024 357,478 298 79,330
NET BOOK VALUE
At 30 April 2024 647,952 31 43,614
At 30 April 2023 629,064 36 33,059

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 12,299 61,632 1,152,471
Additions 27,381 14,951 92,495
At 30 April 2024 39,680 76,583 1,244,966
DEPRECIATION
At 1 May 2023 8,592 60,636 485,609
Charge for year 1,198 741 22,664
At 30 April 2024 9,790 61,377 508,273
NET BOOK VALUE
At 30 April 2024 29,890 15,206 736,693
At 30 April 2023 3,707 996 666,862

Included in cost of land and buildings is freehold land of £ 104,045 (2023 - £ 104,045 ) which is not depreciated.

CLOWNS DAY NURSERY LIMITED (REGISTERED NUMBER: 03806090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,919 3,919
Other debtors 109,841 107,258
Prepayments and accrued income 43,273 2,503
157,033 113,680

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 5,082 -
Trade creditors 17,242 6,406
Corporation tax 83,948 65,786
Social security and other taxes 10,111 3,963
Other creditors 757,780 621,152
Accruals and deferred income 17,630 23,101
891,793 720,408

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 27,097 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. OTHER FINANCIAL COMMITMENTS

The company has given a cross guarantee in respect of the bank borrowings of Clowns Early Years Centres Limited, Clowns Children's Centre (Ironville) Limited and Clowns Children's Centres Limited which at 30 April 2023 amounted to £639,715 (2023 - £560,013). The company had total guarantees and commitments at the balance sheet date of £nil (2023- £nil)

CLOWNS DAY NURSERY LIMITED (REGISTERED NUMBER: 03806090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
Ms C M Aldred
Balance outstanding at start of year 1,137 3,637
Amounts advanced 1,298 914
Amounts repaid (2,785 ) (3,414 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (350 ) 1,137

The above advances were interest free, had no fixed repayment terms and were unsecured.