Company Registration No. 07871772 (England and Wales)
Serendipity Nursery Ltd
Unaudited accounts
for the year ended 31 August 2024
Serendipity Nursery Ltd
Unaudited accounts
Contents
Serendipity Nursery Ltd
Company Information
for the year ended 31 August 2024
Directors
Dean Russ
Zoe Russ
Julie Kennison
Company Number
07871772 (England and Wales)
Registered Office
179 TIMBERLOG LANE
BASILDON
SS14 1PJ
ENGLAND
Accountants
J Kennison Accountancy Services
8 Elm View Road
Benfleet
Essex
SS7 5AS
Serendipity Nursery Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
18,856
7,480
Cash at bank and in hand
294,113
270,948
Creditors: amounts falling due within one year
(124,213)
(174,501)
Net current assets
171,131
107,969
Total assets less current liabilities
189,987
115,449
Creditors: amounts falling due after more than one year
(41,385)
-
Provisions for liabilities
Net assets
148,602
114,028
Called up share capital
3
3
Profit and loss account
148,599
114,025
Shareholders' funds
148,602
114,028
For the year ending 31 August 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 19 March 2025 and were signed on its behalf by
Dean Russ
Director
Company Registration No. 07871772
Serendipity Nursery Ltd
Notes to the Accounts
for the year ended 31 August 2024
Serendipity Nursery Ltd is a private company, limited by shares, registered in England and Wales, registration number 07871772. The registered office is 179 TIMBERLOG LANE, BASILDON, SS14 1PJ, 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:
Motor vehicles
33% on a reducing balance basis
Fixtures & fittings
25% on a reducing balance basis
Computer equipment
33% on a straight-line basis
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
-
40,938
16,271
57,209
Additions
24,495
-
3,999
28,494
At 31 August 2024
24,495
40,938
20,270
85,703
At 1 September 2023
-
34,701
15,028
49,729
Charge for the year
8,165
2,196
6,757
17,118
At 31 August 2024
8,165
36,897
21,785
66,847
At 31 August 2024
16,330
4,041
(1,515)
18,856
At 31 August 2023
-
6,237
1,243
7,480
Serendipity Nursery Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
(8,653)
2,008
Accrued income and prepayments
9,867
9,514
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
5,244
11,720
Taxes and social security
13,697
55,518
Loans from directors
101,416
1,135
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
41,385
-
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Transactions with related parties
Amounts due from group undertakings relates to a loan to Karen's Properties Ltd being a related party with common ownership. The loan is repayable on demand.
10
Average number of employees
During the year the average number of employees was 37 (2023: 37).