Acorah Software Products - Accounts Production 16.1.200 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 05392129 Mrs Samantha Digby-Baker Mrs Kelly Marsh Mrs Jane Askew iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05392129 2023-07-31 05392129 2024-07-31 05392129 2023-08-01 2024-07-31 05392129 frs-core:CurrentFinancialInstruments 2024-07-31 05392129 frs-core:ComputerEquipment 2024-07-31 05392129 frs-core:ComputerEquipment 2023-08-01 2024-07-31 05392129 frs-core:ComputerEquipment 2023-07-31 05392129 frs-core:PlantMachinery 2024-07-31 05392129 frs-core:PlantMachinery 2023-08-01 2024-07-31 05392129 frs-core:PlantMachinery 2023-07-31 05392129 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 05392129 frs-bus:CompanyLimitedByGuarantee 2023-08-01 2024-07-31 05392129 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 05392129 frs-bus:SmallEntities 2023-08-01 2024-07-31 05392129 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 05392129 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05392129 frs-bus:Director1 2023-08-01 2024-07-31 05392129 frs-bus:Director2 2023-08-01 2024-07-31 05392129 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 05392129 frs-countries:EnglandWales 2023-08-01 2024-07-31 05392129 2022-07-31 05392129 2023-07-31 05392129 2022-08-01 2023-07-31 05392129 frs-core:CurrentFinancialInstruments 2023-07-31 05392129 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 05392129
Pembury School House Nursery
Unaudited Financial Statements
For The Year Ended 31 July 2024
Tonbridge Accountants Limited
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: 05392129
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,089 4,903
4,089 4,903
CURRENT ASSETS
Debtors 5 2,214 618
Cash at bank and in hand 118,302 114,421
120,516 115,039
Creditors: Amounts Falling Due Within One Year 6 (2,010 ) (2,316 )
NET CURRENT ASSETS (LIABILITIES) 118,506 112,723
TOTAL ASSETS LESS CURRENT LIABILITIES 122,595 117,626
NET ASSETS 122,595 117,626
Income Statement 122,595 117,626
MEMBERS' FUNDS 122,595 117,626
For the year ending 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mrs Kelly Marsh
Director
21/11/2024
The notes on pages 2 to 4 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Pembury School House Nursery is a private company, limited by guarantee, incorporated in England & Wales, registered number 05392129 . The registered office is Lower Green Road, Pembury, Kent, TN2 4EB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The financial statements have also been prepared in compliance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, and the Charities Act 2011.
The accounts are presented in £ Sterling.
2.2. Going Concern Disclosure
The Nursery is a registered charity and is considered a public benefit entity. The financial statements are prepared on a going concern basis. The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
The Nursery's turnover is derived from fee income for early years education, government funding and fund raising activities. 
Fee income is measured at the fair value of the consideration received or receivable. Parents are invoiced three times per year in September, January and April and payment is due within 60 days of the invoice date. Revenue is recognised over the period of instruction and is fully recognised at the balance sheet date as all services for the year have been provided at this point.
Government funding is recognised in accordance with the accounting policy relating to government grants, as set out below.
Fund raising typically involves the sale of small items. Turnover is recognised when goods have been provided to customers such that risks and rewards of ownership have transferred to them. 
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Computer Equipment 25% reducing balance
2.5. Financial Instruments
The Nursery has chosen to adopt sections 11 and 12 of FRS 102 in respect of financial instruments. Basic financial assets, including trade and other receivables, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. Basic financial liabilities, including trade and other payables, and bank loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme.
2.7. Government Grant
The Nursery receives government funding as part of a national government scheme to provide funded childcare places. The nursery accounts for this funding based on the performance model. The income is recognised when the performance-related condition, being the provision of childcare, is met.
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2.8. Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 9)
9 9
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 24,705 - 24,705
Additions - 535 535
As at 31 July 2024 24,705 535 25,240
Depreciation
As at 1 August 2023 19,802 - 19,802
Provided during the period 1,226 123 1,349
As at 31 July 2024 21,028 123 21,151
Net Book Value
As at 31 July 2024 3,677 412 4,089
As at 1 August 2023 4,903 - 4,903
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 2,214 618
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 1,219 1,593
Taxation and social security 791 723
2,010 2,316
7. Related Party Transactions
The Nursery's directors and secretary also act as trustees. The trustee role is voluntary and no remuneration is paid. K. Marsh is also Head of Nursery and was remunerated £21,917 for the role (2023: £20,592). Pension contributions of £470 were also paid (2023: £431). J. Askew is also Office Manager and was remunerated £21,917 for the role (2023: £20,542). Pension contributions of £470 were also paid (2023: £429).
There were no employees whose received total employee benefits of more than £60,000. Total expenses of £103 (2023: £164) were reimbursed to one trustee (2023: two trustees) for nursery supplies, meeting and administrative expenses.
Tonbridge Accountants Limited were paid £1,440 during the period for accounting services (2023: £1,400), which includes the annual independent examination. No additional services were provided during the period (2023: £300 for Xero implementation and £72 for company secretarial work).
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8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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