IRIS Accounts Production v24.3.2.46 11733915 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false false true false Ordinary Share capital 0.01000 Ordinary Share capital 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh117339152023-07-31117339152024-07-31117339152023-08-012024-07-31117339152022-07-31117339152022-08-012023-07-31117339152023-07-3111733915ns15:EnglandWales2023-08-012024-07-3111733915ns14:PoundSterling2023-08-012024-07-3111733915ns10:Director12023-08-012024-07-3111733915ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3111733915ns10:SmallEntities2023-08-012024-07-3111733915ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3111733915ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3111733915ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3111733915ns10:FullAccounts2023-08-012024-07-311173391512023-08-012024-07-3111733915ns10:OrdinaryShareClass12023-08-012024-07-3111733915ns10:Director22023-08-012024-07-3111733915ns10:RegisteredOffice2023-08-012024-07-3111733915ns5:CurrentFinancialInstruments2024-07-3111733915ns5:CurrentFinancialInstruments2023-07-3111733915ns5:Non-currentFinancialInstruments2024-07-3111733915ns5:Non-currentFinancialInstruments2023-07-3111733915ns5:ShareCapital2024-07-3111733915ns5:ShareCapital2023-07-3111733915ns5:RetainedEarningsAccumulatedLosses2024-07-3111733915ns5:RetainedEarningsAccumulatedLosses2023-07-3111733915ns5:NetGoodwill2023-08-012024-07-3111733915ns5:NetGoodwill2023-07-3111733915ns5:NetGoodwill2024-07-3111733915ns5:NetGoodwill2023-07-3111733915ns5:LandBuildings2023-07-3111733915ns5:PlantMachinery2023-07-3111733915ns5:FurnitureFittings2023-07-3111733915ns5:ComputerEquipment2023-07-3111733915ns5:LandBuildings2023-08-012024-07-3111733915ns5:PlantMachinery2023-08-012024-07-3111733915ns5:FurnitureFittings2023-08-012024-07-3111733915ns5:ComputerEquipment2023-08-012024-07-3111733915ns5:LandBuildings2024-07-3111733915ns5:PlantMachinery2024-07-3111733915ns5:FurnitureFittings2024-07-3111733915ns5:ComputerEquipment2024-07-3111733915ns5:LandBuildings2023-07-3111733915ns5:PlantMachinery2023-07-3111733915ns5:FurnitureFittings2023-07-3111733915ns5:ComputerEquipment2023-07-3111733915ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3111733915ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3111733915ns5:Secured2024-07-3111733915ns5:Secured2023-07-3111733915ns10:OrdinaryShareClass12024-07-31
REGISTERED NUMBER: 11733915 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 July 2024

for

SYLVAN HOUSE DAY NURSERY LIMITED

SYLVAN HOUSE DAY NURSERY LIMITED (REGISTERED NUMBER: 11733915)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SYLVAN HOUSE DAY NURSERY LIMITED

Company Information
for the Year Ended 31 July 2024







Directors: R McGrath
A McGrath





Registered office: 2 Maple Road
Brooklands
Manchester
M23 9HJ





Registered number: 11733915 (England and Wales)





Accountants: S&W Partners (Manchester) Limited
Accountants
Northern Assurance Buildings
9-21 Princess Street
Manchester
M2 4DN

SYLVAN HOUSE DAY NURSERY LIMITED (REGISTERED NUMBER: 11733915)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 5 60,667 73,667
Tangible assets 6 573,052 589,212
633,719 662,879

Current assets
Debtors 7 67,740 11,921
Cash at bank and in hand 28,461 34,561
96,201 46,482
Creditors
Amounts falling due within one year 8 134,261 90,207
Net current liabilities (38,060 ) (43,725 )
Total assets less current liabilities 595,659 619,154

Creditors
Amounts falling due after more than one
year

9

(47,666

)

(285,451

)

Provisions for liabilities (1,250 ) (2,106 )
Net assets 546,743 331,597

Capital and reserves
Called up share capital 11 1 1
Retained earnings 546,742 331,596
Shareholders' funds 546,743 331,597

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

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 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.

SYLVAN HOUSE DAY NURSERY LIMITED (REGISTERED NUMBER: 11733915)

Balance Sheet - continued
31 July 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 April 2025 and were signed on its behalf by:





R McGrath - Director


SYLVAN HOUSE DAY NURSERY LIMITED (REGISTERED NUMBER: 11733915)

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


1. Statutory information

Sylvan House 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. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value of all services delivered during the year at selling price excluding value added tax. Sales are recognised at the point at which the company has fulfilled its contractual obligations to the client.

Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line
basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year
following the acquisition and in other periods if events or changes in circumstances indicate that the carrying
value may not be recoverable.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over its expected useful economical life as follows:

Asset classAmortisation rate and method
Goodwill10 years straight line

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold Property -2% straight line
Fixtures and fittings - 20/33% straight line
Computer equipment - 33% straight line
Plant & Machinery - 25% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


SYLVAN HOUSE DAY NURSERY LIMITED (REGISTERED NUMBER: 11733915)

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


3. Accounting policies - continued
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.

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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Profit and Loss Account in administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employees and directors

The average number of employees during the year was 28 (2023 - 28 ) .

5. Intangible fixed assets
Goodwill
£   
Cost
At 1 August 2023
and 31 July 2024 130,000
Amortisation
At 1 August 2023 56,333
Amortisation for year 13,000
At 31 July 2024 69,333
Net book value
At 31 July 2024 60,667
At 31 July 2023 73,667

SYLVAN HOUSE DAY NURSERY LIMITED (REGISTERED NUMBER: 11733915)

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


6. Tangible fixed assets
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
Cost
At 1 August 2023 636,828 8,185 25,282 3,189 673,484
Additions - - 469 920 1,389
At 31 July 2024 636,828 8,185 25,751 4,109 674,873
Depreciation
At 1 August 2023 56,041 3,988 21,323 2,920 84,272
Charge for year 12,736 2,046 2,192 575 17,549
At 31 July 2024 68,777 6,034 23,515 3,495 101,821
Net book value
At 31 July 2024 568,051 2,151 2,236 614 573,052
At 31 July 2023 580,787 4,197 3,959 269 589,212

7. Debtors
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 765 7,977
Other debtors 2,309 2,318
3,074 10,295

Amounts falling due after more than one year:
Amounts owed by group undertakings 64,666 1,626

Aggregate amounts 67,740 11,921

8. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 13,000 13,000
Hire purchase contracts - 335
Trade creditors 381 2,473
Taxation and social security 98,304 56,281
Other creditors 22,576 18,118
134,261 90,207

9. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 47,666 60,666
Amounts owed to group undertakings - 224,785
47,666 285,451

SYLVAN HOUSE DAY NURSERY LIMITED (REGISTERED NUMBER: 11733915)

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


9. Creditors: amounts falling due after more than one year - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 8,666

10. Secured debts

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 60,666 73,666
Hire purchase - 335
60,666 74,001

The bank loan is secured by way of a fixed and floating charge against the assets of the company.

Hire purchase contracts are secured against the asset to which they relate.

11. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary Share capital 0.01 1 1

12. Contingent liabilities

The company has guaranteed the borrowings of fellow group companies.