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REGISTERED NUMBER: 05995964 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Nursery Days Limited

Nursery Days Limited (Registered number: 05995964)

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


Nursery Days Limited

Company Information
for the year ended 31 July 2024







DIRECTORS: Ms H M BelchiorPereiraLopes
Ms A K Horsfall Turner
Ms S Watt





REGISTERED OFFICE: Kenton House
Oxford Street
Moreton-in-Marsh
Gloucestershire
GL56 0LA





REGISTERED NUMBER: 05995964 (England and Wales)





ACCOUNTANTS: Tayabali Tomlin
Chartered Accountants
Kenton House
Oxford Street
Moreton-in-Marsh
Gloucestershire
GL56 0LA

Nursery Days Limited (Registered number: 05995964)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 615,829 638,855
615,829 638,855

CURRENT ASSETS
Debtors 6 320,157 109,083
Cash at bank and in hand 50,507 40,819
370,664 149,902
CREDITORS
Amounts falling due within one year 7 378,814 165,963
NET CURRENT LIABILITIES (8,150 ) (16,061 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

607,679

622,794

CREDITORS
Amounts falling due after more than one
year

8

(261,615

)

(276,136

)

PROVISIONS FOR LIABILITIES (21,012 ) (22,063 )
NET ASSETS 325,052 324,595

Nursery Days Limited (Registered number: 05995964)

Balance Sheet - continued
31 July 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 324,952 324,495
325,052 324,595

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.

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 Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:





Ms A K Horsfall Turner - Director


Nursery Days Limited (Registered number: 05995964)

Notes to the Financial Statements
for the year ended 31 July 2024


1. STATUTORY INFORMATION

Nursery Days 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 2017, is being amortised evenly over its estimated useful life of five 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.
Freehold property - not provided
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Nursery Days Limited (Registered number: 05995964)

Notes to the Financial Statements - continued
for the year ended 31 July 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant,these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

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.


Nursery Days Limited (Registered number: 05995964)

Notes to the Financial Statements - continued
for the year ended 31 July 2024


2. 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.

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.

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 28 (2023 - 30 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 140,015
AMORTISATION
At 1 August 2023
and 31 July 2024 140,015
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

Nursery Days Limited (Registered number: 05995964)

Notes to the Financial Statements - continued
for the year ended 31 July 2024


5. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 August 2023 521,004 165,530 33,500 720,034
Additions - 7,665 - 7,665
At 31 July 2024 521,004 173,195 33,500 727,699
DEPRECIATION
At 1 August 2023 - 72,279 8,900 81,179
Charge for year - 24,541 6,150 30,691
At 31 July 2024 - 96,820 15,050 111,870
NET BOOK VALUE
At 31 July 2024 521,004 76,375 18,450 615,829
At 31 July 2023 521,004 93,251 24,600 638,855

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 315,429 97,288
Other debtors 4,728 11,795
320,157 109,083

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 14,520 14,520
Trade creditors 1,391 9,965
Taxation and social security 290,219 112,834
Other creditors 72,684 28,644
378,814 165,963

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 261,615 276,136

Nursery Days Limited (Registered number: 05995964)

Notes to the Financial Statements - continued
for the year ended 31 July 2024


8. 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 203,535 218,056

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 276,135 290,656

On 17 August 2018, Lloyds Bank Plc created a statutory charge on the freehold property, The Old School, Upchurch, Sittingbourne, Kent.

On 6 February 2012, Lloyds Bank Plc created a statutory fixed and floating charge over the undertaking and all assets of the company.

10. RELATED PARTY DISCLOSURES

At the balance sheet date, a loan existed between the company and its holding company, Littlest Elf Limited.The amount owed by the holding company was £314,973 (2023 : £96,832). The loan was interest free and repayable on demand.

At the balance sheet date, a loan existed between the company and an associated company, Jabberwocky Childrens Nursery Limited.The amount owed by the associated company was £456 (2023 :£456).The loan was interest free and repayable on demand.

During the year Littlest Elf Limited raised a management charge of £9,000 (2022 :£9,000) and dividends of £850,000 (2023: £645,000) were paid to the holding company.