SP Nursery Limited 11470719 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is that of a private day nursery. Digita Accounts Production Advanced 6.30.9574.0 true 11470719 2023-08-01 2024-07-31 11470719 2024-07-31 11470719 core:RetainedEarningsAccumulatedLosses 2024-07-31 11470719 core:ShareCapital 2024-07-31 11470719 core:CurrentFinancialInstruments 2024-07-31 11470719 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 11470719 core:Non-currentFinancialInstruments core:AfterOneYear 2024-07-31 11470719 core:FurnitureFittingsToolsEquipment 2024-07-31 11470719 core:LandBuildings 2024-07-31 11470719 bus:SmallEntities 2023-08-01 2024-07-31 11470719 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 11470719 bus:FullAccounts 2023-08-01 2024-07-31 11470719 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 11470719 bus:RegisteredOffice 2023-08-01 2024-07-31 11470719 bus:Director1 2023-08-01 2024-07-31 11470719 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11470719 core:FurnitureFittings 2023-08-01 2024-07-31 11470719 core:FurnitureFittingsToolsEquipment 2023-08-01 2024-07-31 11470719 core:LandBuildings 2023-08-01 2024-07-31 11470719 core:LeaseholdImprovements 2023-08-01 2024-07-31 11470719 core:OfficeEquipment 2023-08-01 2024-07-31 11470719 countries:EnglandWales 2023-08-01 2024-07-31 11470719 2023-07-31 11470719 core:FurnitureFittingsToolsEquipment 2023-07-31 11470719 core:LandBuildings 2023-07-31 11470719 2022-08-01 2023-07-31 11470719 2023-07-31 11470719 core:RetainedEarningsAccumulatedLosses 2023-07-31 11470719 core:ShareCapital 2023-07-31 11470719 core:CurrentFinancialInstruments 2023-07-31 11470719 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 11470719 core:Non-currentFinancialInstruments core:AfterOneYear 2023-07-31 11470719 core:FurnitureFittingsToolsEquipment 2023-07-31 11470719 core:LandBuildings 2023-07-31 iso4217:GBP xbrli:pure

Registration number: 11470719

SP Nursery Limited

trading as Head Start Private Day Nursery

Unaudited Financial Statements

for the Year Ended 31 July 2024

 

SP Nursery Limited

trading as Head Start Private Day Nursery

Contents

Balance Sheet

1 to 2

Notes to the Financial Statements

3 to 6

 

SP Nursery Limited

trading as Head Start Private Day Nursery

(Registration number: 11470719)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

25,552

26,920

Current assets

 

Debtors

5

24,715

8,816

Cash at bank and in hand

 

13,211

2,922

 

37,926

11,738

Creditors: Amounts falling due within one year

6

(47,875)

(18,530)

Net current liabilities

 

(9,949)

(6,792)

Total assets less current liabilities

 

15,603

20,128

Creditors: Amounts falling due after more than one year

6

(11,502)

(20,004)

Net assets

 

4,101

124

Capital and reserves

 

Called up share capital

100

100

Retained earnings

4,001

24

Shareholders' funds

 

4,101

124

 

SP Nursery Limited

trading as Head Start Private Day Nursery

(Registration number: 11470719)
Balance Sheet as at 31 July 2024

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 4 February 2025
 

.........................................
S Pender
Director

 

SP Nursery Limited

trading as Head Start Private Day Nursery

Notes to the Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Head Start Private Day Nursery Ford Green Road
Smallthorne
Stoke-On-Trent
Staffordshire
ST6 1NX
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of children's nursery and day care services for children . Turnover is shown net of 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.

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 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.

 

SP Nursery Limited

trading as Head Start Private Day Nursery

Notes to the Financial Statements for the Year Ended 31 July 2024

Tangible assets

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

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:

Asset class

Depreciation method and rate

Fixtures and fittings

25% reducing balance

Office Equipment

33% straight line

Improvements to property

3% reducing balance

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 8 (2023 - 9).

 

SP Nursery Limited

trading as Head Start Private Day Nursery

Notes to the Financial Statements for the Year Ended 31 July 2024

4

Tangible assets

Improvements to property
£

Fixtures, fittings and equipment
£

Total
£

Cost or valuation

At 1 August 2023

24,526

9,260

33,786

Additions

-

960

960

At 31 July 2024

24,526

10,220

34,746

Depreciation

At 1 August 2023

1,451

5,415

6,866

Charge for the year

692

1,636

2,328

At 31 July 2024

2,143

7,051

9,194

Carrying amount

At 31 July 2024

22,383

3,169

25,552

At 31 July 2023

23,075

3,845

26,920

5

Debtors

2024
£

2023
£

Trade debtors

23,138

4,610

Other debtors

1,577

4,206

24,715

8,816

 

SP Nursery Limited

trading as Head Start Private Day Nursery

Notes to the Financial Statements for the Year Ended 31 July 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8,000

8,000

Trade creditors

 

3,168

1,732

Taxation and social security

 

11,736

4,624

Other creditors

 

24,971

4,174

 

47,875

18,530

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

11,502

20,004