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REGISTERED NUMBER: SC244878 (Scotland)













Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Crewe Road Nursery Limited

Crewe Road Nursery Limited (Registered number: SC244878)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Crewe Road Nursery Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: L Menzies



SECRETARY: I Mannings



REGISTERED OFFICE: 124 Crewe Road South
Edinburgh
Midlothian
EH4 2NY



REGISTERED NUMBER: SC244878 (Scotland)



ACCOUNTANTS: A H & Co Ltd
Chartered Accountants
6 Logie Mill
Edinburgh
Lothian
EH7 4HG



BANKERS: The Co-operative Bank
PO Box 250
Delf House
Southway
Skelmerdale
WN8 6WT

Crewe Road Nursery Limited (Registered number: SC244878)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 37,617 28,280

CURRENT ASSETS
Debtors 5 8,740 8,952
Cash at bank 31,838 46,539
40,578 55,491
CREDITORS
Amounts falling due within one year 6 33,822 34,423
NET CURRENT ASSETS 6,756 21,068
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,373

49,348

CREDITORS
Amounts falling due after more than one year 7 (6,491 ) (11,424 )

PROVISIONS FOR LIABILITIES 9 (3,380 ) (1,010 )
NET ASSETS 34,502 36,914

CAPITAL AND RESERVES
Called up share capital 10 90 90
Capital redemption reserve 11 10 10
Retained earnings 11 34,402 36,814
SHAREHOLDERS' FUNDS 34,502 36,914

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 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 17 May 2025 and were signed by:





L Menzies - Director


Crewe Road Nursery Limited (Registered number: SC244878)

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

1. STATUTORY INFORMATION

Crewe Road Nursery Limited is a private company, limited by shares , registered in Scotland. 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 stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the balance sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the balance sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets
Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

Freehold property - 2% on cost per annum
Improvements to property - 25% on cost per annum
Plant and machinery - 25% on cost per annum
Fixtures and fittings - 25% on cost per annum
Motor vehicles - 25% on cost per annum

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Crewe Road Nursery Limited (Registered number: SC244878)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates an defined contribution plan. The assets of the pension plan are held separately from those of the company in an independently administered fund. Contributions payable for the year are charged in the profit and loss account in the period to which they relate.

Provisions
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation.

Exemption for cashflow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 20 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 August 2023 - 37,239 70,667 24,646 132,552
Additions 22,658 - 4,370 - 27,028
At 31 July 2024 22,658 37,239 75,037 24,646 159,580
DEPRECIATION
At 1 August 2023 - 37,239 60,871 6,162 104,272
Charge for year 5,665 - 5,865 6,161 17,691
At 31 July 2024 5,665 37,239 66,736 12,323 121,963
NET BOOK VALUE
At 31 July 2024 16,993 - 8,301 12,323 37,617
At 31 July 2023 - - 9,796 18,484 28,280

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 205 -
Other debtors 5,896 6,520
Prepayments 2,639 2,432
8,740 8,952

Crewe Road Nursery Limited (Registered number: SC244878)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts (see note 8) 4,933 4,933
Trade creditors - 136
Tax 20,164 20,893
Accrued expenses 8,725 8,461
33,822 34,423

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts (see note 8) 6,491 11,424

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.7.24 31.7.23
£    £   
Net obligations repayable:
Within one year 4,933 4,933
Between one and five years 6,491 11,424
11,424 16,357

Non-cancellable operating leases
31.7.24 31.7.23
£    £   
Within one year 1,944 1,944
Between one and five years 3,402 5,346
5,346 7,290

9. PROVISIONS FOR LIABILITIES
31.7.24 31.7.23
£    £   
Deferred tax 3,380 1,010

Deferred
tax
£   
Balance at 1 August 2023 1,010
Provided during year 2,370
Accelerated capital allowances
Balance at 31 July 2024 3,380

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
90 Ordinary £1 90 90

Crewe Road Nursery Limited (Registered number: SC244878)

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

11. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 August 2023 36,814 10 36,824
Profit for the year 78,971 78,971
Dividends (81,383 ) (81,383 )
At 31 July 2024 34,402 10 34,412

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £69,779 (2023: £61,116) were paid to the director.





Related Party




Transaction Type




Transaction in the year to 31.7.24
Balance
receivable from
(payable to)
related party at
31.7.24
Balance
receivable from
(payable to)
related party at
31.7.23
£ £ £

Shareholder Dividend 11,604 (2023: 12,241) - -
Loan 376 (2023: 10,492) 5,896 5,520

13. ULTIMATE CONTROLLING PARTY

Lorraine Menzies, director, is the ultimate controlling interest.