Registered number
08497634
Little Linguists Nursery School Ltd
Filleted Accounts
30 April 2024
Little Linguists Nursery School Ltd
Registered number: 08497634
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 374,950 374,950
Current assets
Debtors 4 - 10,950
Creditors: amounts falling due within one year 5 (1,222) (28,171)
Net current liabilities (1,222) (17,221)
Total assets less current liabilities 373,728 357,729
Creditors: amounts falling due after more than one year 6 (377,987) (361,582)
Net liabilities (4,259) (3,853)
Capital and reserves
Called up share capital 89,312 89,312
Profit and loss account (93,571) (93,165)
Shareholders' funds (4,259) (3,853)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Daniella Goodman
Director
Approved by the board on 16 January 2025
Little Linguists Nursery School Ltd
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 100% in year of purchase
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 23 18
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 May 2023 374,950 16,507 2,346 393,803
At 30 April 2024 374,950 16,507 2,346 393,803
Depreciation
At 1 May 2023 - 16,507 2,346 18,853
At 30 April 2024 - 16,507 2,346 18,853
Net book value
At 30 April 2024 374,950 - - 374,950
At 30 April 2023 374,950 - - 374,950
4 Debtors 2024 2023
£ £
Trade debtors - 10,950
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 15
Taxation and social security costs 1,222 28,156
1,222 28,171
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 377,987 309,515
Director account - 52,067
377,987 361,582
7 Other information
Little Linguists Nursery School Ltd is a private company limited by shares and incorporated in England. Its registered office is:
13 Thrale Road
London
SW16 1NS
Little Linguists Nursery School Ltd 08497634 false 2023-05-01 2024-04-30 2024-04-30 VT Final Accounts July 2024 Daniella Goodman No description of principal activity 08497634 2022-05-01 2023-04-30 08497634 core:WithinOneYear 2023-04-30 08497634 core:AfterOneYear 2023-04-30 08497634 core:ShareCapital 2023-04-30 08497634 core:RetainedEarningsAccumulatedLosses 2023-04-30 08497634 2023-05-01 2024-04-30 08497634 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08497634 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 08497634 bus:Director40 2023-05-01 2024-04-30 08497634 2 2023-05-01 2024-04-30 08497634 countries:England 2023-05-01 2024-04-30 08497634 bus:FRS102 2023-05-01 2024-04-30 08497634 bus:FilletedAccounts 2023-05-01 2024-04-30 08497634 2024-04-30 08497634 core:WithinOneYear 2024-04-30 08497634 core:AfterOneYear 2024-04-30 08497634 core:ShareCapital 2024-04-30 08497634 core:RetainedEarningsAccumulatedLosses 2024-04-30 08497634 core:LandBuildings 2024-04-30 08497634 core:PlantMachinery 2024-04-30 08497634 core:Vehicles 2024-04-30 08497634 2023-04-30 08497634 core:LandBuildings 2023-04-30 08497634 core:PlantMachinery 2023-04-30 08497634 core:Vehicles 2023-04-30 iso4217:GBP xbrli:pure