2023-08-01 06871139 2024-07-31 06871139 2023-08-01 2024-07-31 06871139 2023-07-31 06871139 2022-08-01 2023-07-31 06871139 uk-core:WithinOneYear 2023-07-31 06871139 uk-core:WithinOneYear 2024-07-31 06871139 uk-core:ShareCapital 2024-07-31 06871139 uk-core:ShareCapital 2023-07-31 06871139 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 06871139 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 06871139 uk-bus:Director1 2023-08-01 2024-07-31 06871139 uk-core:Buildings 2023-08-01 2024-07-31 06871139 uk-core:ToolsEquipment 2023-08-01 2024-07-31 06871139 uk-core:FurnitureFittings 2023-08-01 2024-07-31 06871139 uk-core:FurnitureFittings 2023-07-31 06871139 uk-core:ToolsEquipment 2023-07-31 06871139 uk-core:Buildings 2023-07-31 06871139 uk-core:Buildings 2024-07-31 06871139 uk-core:ToolsEquipment 2024-07-31 06871139 uk-core:FurnitureFittings 2024-07-31 iso4217:GBP xbrli:pure 06871139 uk-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 06871139 uk-bus:FRS102 2023-08-01 2024-07-31 06871139 uk-bus:FilletedAccounts 2023-08-01 2024-07-31 06871139 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31
Smarty's Nursery Limited
Registered Number:06871139
For the year ended 31 July 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2024
Smarty's Nursery Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
06871139
As at 31 July 2024
Smarty's Nursery Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
12,741
15,070
2
12,741
15,070
Current assets
Trade and other receivables
47,779
2,300
3
24,070
Cash and cash equivalents
32,546
34,846
71,849
Trade and other payables: amounts falling due within one
year
(73,903)
(37,841)
4
(2,054)
(2,995)
Net current liabilities
Total assets less current liabilities
9,746
13,016
9,746
Net assets
13,016
Capital and reserves
Called up share capital
200
200
Retained earnings
9,546
12,816
9,746
13,016
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Beverley Hague Director
These financial statements were approved and authorised for issue by the Board on 08 April 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 July 2024
Smarty's Nursery Limited
Notes to the Financial Statements
Statutory Information
Smarty's Nursery Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 06871139.
Principal place of business:
120 Elliot Avenue
Ruislip
Middlesex
HA4 9LZ
Registered address:
8 Peterborough Road
Harrow
Middlesex
HA1 2BQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of services supplied by the company, with respect to the provision of nursery places for pre-school children.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
10% Straight line
Plant and machinery
20% Reducing balance
25% Reducing balance
Fixtures and fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 July 2024
Smarty's Nursery Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Plant and
machinery
Land and
buildings
£
£
£
£
Cost or
valuation
At 01 August 2023
49,265
23,816
9,399
16,050
At 31 July 2024
16,050
9,399
23,816
49,265
Provision for depreciation and impairment
At 01 August 2023
34,195
20,155
7,650
6,390
Charge for year
2,329
915
349
1,065
At 31 July 2024
36,524
21,070
7,999
7,455
At 31 July 2024
Net book value
8,595
1,400
2,746
12,741
At 31 July 2023
9,660
1,749
3,661
15,070
3. Trade and other receivables
2023
2024
£
£
Trade debtors
2,300
6,873
Other debtors
-
40,906
47,779
2,300
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
7,092
11,685
Other creditors
30,749
62,218
37,841
73,903
5. Average number of persons employed
During the year the average number of employees was 0 (2023 : 20)
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