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Company Registration No. 11144901 (England and Wales)
HEATON HOUSE NURSERY LIMITED
Financial Statements
for the Period from 01 May 2023 to 30 April 2024

HEATON HOUSE NURSERY LIMITED

Financial Statements for the period ending 30 April 2024

HEATON HOUSE NURSERY LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

1. Statutory Information
HEATON HOUSE NURSERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11144901.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.The company recognises revenue when:The amount of revenue can be reliably measured;it is probable that future economic benefits will flow to the entity;and specific criteria have been met for each of the company's activities.

HEATON HOUSE NURSERY LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

Current Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Tangible Fixed Asset Policy
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:Fixture and Fittings - 4 years straight lineComputer equipment - 3 years straight line

HEATON HOUSE NURSERY LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

Intangible Asset Policy
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company's interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:Goodwill - 10 years straight line

HEATON HOUSE NURSERY LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 25
2023 25
4. Principal Activity
The principal activity of the company is Children's day nursery.

HEATON HOUSE NURSERY LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

5. Intangible Assets
Goodwill Other Total
Cost £ £ £
At 01/05/2023 250,000 - 250,000
Additions - - -
Disposals - - -
Revaluations - - -
At 30/04/2024 250,000 - 250,000
Amortisation
At 01/05/2023 125,000 - 125,000
Charge for the Year 25,000 - 25,000
On Disposals - - -
Other increases/(decreases) - - -
At end of period 150,000 - 150,000
Net book value
At 30/04/2024 100,000 - 100,000
At 30/04/2023 125,000 - 125,000
6. Fixed Assets
Fixtures and Fittings Computer Equipment Total
Cost or valuation £ £ £
At 01/05/2023 21,877 7,524 29,401
Additions 1,980 1,753 3,733
At 30/04/2024 23,857 9,277 33,134
Depreciation
At 01/05/2023 10,674 4,972 15,646
Charge for the year 4,752 2,103 6,855
At 30/04/2024 15,426 7,075 22,501
Net Book Value
At 30/04/2024 8,431 2,202 10,633
At 30/04/2023 11,203 2,552 13,755