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REGISTERED NUMBER: 08385000 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Safe Haven Day Nursery Limited

Safe Haven Day Nursery Limited (Registered number: 08385000)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Safe Haven Day Nursery Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mrs S J Atkins





REGISTERED OFFICE: 61A High Street
Mansfield Woodhouse
Mansfield
Nottinghamshire
NG19 8BB





REGISTERED NUMBER: 08385000 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Safe Haven Day Nursery Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Safe Haven Day Nursery Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Safe Haven Day Nursery Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Safe Haven Day Nursery Limited and state those matters that we have agreed to state to the director of Safe Haven Day Nursery Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Safe Haven Day Nursery Limited and its director for our work or for this report.

It is your duty to ensure that Safe Haven Day Nursery Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Safe Haven Day Nursery Limited. You consider that Safe Haven Day Nursery Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Safe Haven Day Nursery Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA


20 March 2025

Safe Haven Day Nursery Limited (Registered number: 08385000)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 109,375 121,875
Tangible assets 5 543,448 536,634
652,823 658,509

CURRENT ASSETS
Debtors 6 41,571 40,383
Cash at bank 13,735 11,652
55,306 52,035
CREDITORS
Amounts falling due within one year 7 121,413 136,663
NET CURRENT LIABILITIES (66,107 ) (84,628 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

586,716

573,881

CREDITORS
Amounts falling due after more than one
year

8

(322,637

)

(328,049

)

PROVISIONS FOR LIABILITIES (14,973 ) (7,944 )
NET ASSETS 249,106 237,888

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 249,006 237,788
SHAREHOLDERS' FUNDS 249,106 237,888

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

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

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2025 and were signed by:





Mrs S J Atkins - Director


Safe Haven Day Nursery Limited (Registered number: 08385000)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Safe Haven 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and Buildings - 2% on cost
Improvements to property - 10% on cost
Play equipment - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on cost and 20% on reducing balance

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Safe Haven Day Nursery Limited (Registered number: 08385000)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 33 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 250,000
AMORTISATION
At 1 July 2023 128,125
Charge for year 12,500
At 30 June 2024 140,625
NET BOOK VALUE
At 30 June 2024 109,375
At 30 June 2023 121,875

5. TANGIBLE FIXED ASSETS
Improvements
Land and to Play
Buildings property equipment
£    £    £   
COST
At 1 July 2023 560,028 33,373 32,151
Additions - - 40,940
Disposals - - (17,995 )
At 30 June 2024 560,028 33,373 55,096
DEPRECIATION
At 1 July 2023 66,242 25,337 14,208
Charge for year 11,201 3,337 7,392
Eliminated on disposal - - (6,452 )
At 30 June 2024 77,443 28,674 15,148
NET BOOK VALUE
At 30 June 2024 482,585 4,699 39,948
At 30 June 2023 493,786 8,036 17,943

Safe Haven Day Nursery Limited (Registered number: 08385000)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS - continued

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023 42,222 6,856 674,630
Additions 2,119 - 43,059
Disposals - - (17,995 )
At 30 June 2024 44,341 6,856 699,694
DEPRECIATION
At 1 July 2023 26,312 5,897 137,996
Charge for year 2,629 143 24,702
Eliminated on disposal - - (6,452 )
At 30 June 2024 28,941 6,040 156,246
NET BOOK VALUE
At 30 June 2024 15,400 816 543,448
At 30 June 2023 15,910 959 536,634

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 40,871 38,825
Other debtors 700 1,558
41,571 40,383

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 25,550 25,550
Hire purchase contracts 1,333 -
Trade creditors 68 -
Taxation and social security 31,009 25,617
Other creditors 63,453 85,496
121,413 136,663

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 301,964 328,049
Hire purchase contracts 20,673 -
322,637 328,049

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 199,764 225,849

Safe Haven Day Nursery Limited (Registered number: 08385000)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 22,006 -
Bank loan 294,181 314,710
316,187 314,710

10. CALLED UP SHARE CAPITAL

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