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REGISTERED NUMBER: 09340492 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Orchidale Childrens Nursery Limited

Orchidale Childrens Nursery Limited (Registered number: 09340492)

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


Orchidale Childrens Nursery 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: 09340492 (England and Wales)





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

Orchidale Childrens Nursery Limited (Registered number: 09340492)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 99,503 107,079
99,503 107,079

CURRENT ASSETS
Debtors 6 280,748 199,897
Cash at bank and in hand 34,746 28,067
315,494 227,964
CREDITORS
Amounts falling due within one year 7 169,665 100,745
NET CURRENT ASSETS 145,829 127,219
TOTAL ASSETS LESS CURRENT
LIABILITIES

245,332

234,298

PROVISIONS FOR LIABILITIES 15,866 15,599
NET ASSETS 229,466 218,699

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 229,366 218,599
229,466 218,699

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.

Orchidale Childrens Nursery Limited (Registered number: 09340492)

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 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


Orchidale Childrens Nursery Limited (Registered number: 09340492)

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


1. STATUTORY INFORMATION

Orchidale Childrens 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. 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 2016, 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.
Short leasehold - 20% on cost
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Orchidale Childrens Nursery Limited (Registered number: 09340492)

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


2. ACCOUNTING POLICIES - continued

Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not
recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.

Government grants are recognised using the accrual model and the performance model.

Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate.

Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.

Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.

Under the performance model, where the grant does not impose specified future performance-related
conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable.

Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Orchidale Childrens Nursery Limited (Registered number: 09340492)

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.


Orchidale Childrens Nursery Limited (Registered number: 09340492)

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 23 (2023 - 22 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 75,000
AMORTISATION
At 1 August 2023
and 31 July 2024 75,000
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

Orchidale Childrens Nursery Limited (Registered number: 09340492)

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


5. TANGIBLE FIXED ASSETS
Short Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
COST
At 1 August 2023 5,000 131,844 51,500 188,344
Additions 7,500 15,159 - 22,659
At 31 July 2024 12,500 147,003 51,500 211,003
DEPRECIATION
At 1 August 2023 4,999 59,558 16,708 81,265
Charge for year 1,500 20,037 8,698 30,235
At 31 July 2024 6,499 79,595 25,406 111,500
NET BOOK VALUE
At 31 July 2024 6,001 67,408 26,094 99,503
At 31 July 2023 1 72,286 34,792 107,079

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 276,575 197,188
Other debtors 4,173 2,709
280,748 199,897

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 216 467
Amounts owed to group undertakings 520 520
Taxation and social security 132,919 88,920
Other creditors 36,010 10,838
169,665 100,745

Orchidale Childrens Nursery Limited (Registered number: 09340492)

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


8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 13,560 13,560
Between one and five years 13,560 27,120
27,120 40,680

9. STATUTORY CHARGES

On 22 September 2016, 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 £276,575 (2023: £197,188). The loan was interest free and repayable on demand.

At the balance sheet date, a loan existed between the company and an associated company, Toddlers Inn Limited. The amount owed to the associated company was £520 (2023: £520). The loan was interest free and repayable on demand.

During the year Littlest Elf Limited raised a management charge of £9,000 (2023: £9,000) and dividends of £360,000 (2023:£340,000) were paid to the holding company.