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Company Registration No. 09811001 (England and Wales)
Wellington's Nursery Ltd Unaudited accounts for the year ended 31 October 2024
Wellington's Nursery Ltd Unaudited accounts Contents
Page
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Wellington's Nursery Ltd Company Information for the year ended 31 October 2024
Directors
Elisabeth Ekberg Amelia Jane Nicholls Andreja White
Secretary
Andreja White
Company Number
09811001 (England and Wales)
Registered Office
5 Chestnut Avenue Esher Surrey KT10 8JL
Accountants
Barnes & Scott 86-90 Paul Street Shoreditch London EC2A 4NE
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Wellington's Nursery Ltd for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wellington's Nursery Ltd for the year ended 31 October 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Wellington's Nursery Ltd, as a body, in accordance with the terms of our engagement letter dated 9 April 2019. Our work has been undertaken solely to prepare for your approval the accounts of Wellington's Nursery Ltd and state those matters that we have agreed to state to the Board of Directors of Wellington's Nursery Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wellington's Nursery Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Wellington's Nursery Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Wellington's Nursery Ltd. You consider that Wellington's Nursery Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Wellington's Nursery Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Barnes & Scott Chartered Accountants 86-90 Paul Street Shoreditch London EC2A 4NE 30 April 2025
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Wellington's Nursery Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
30,000 
40,000 
Tangible assets
179,585 
185,331 
209,585 
225,331 
Current assets
Debtors
46,889 
57,966 
Cash at bank and in hand
124,431 
119,176 
171,320 
177,142 
Creditors: amounts falling due within one year
(63,986)
(74,681)
Net current assets
107,334 
102,461 
Total assets less current liabilities
316,919 
327,792 
Provisions for liabilities
Deferred tax
(1,896)
(2,107)
Net assets
315,023 
325,685 
Capital and reserves
Called up share capital
1,043 
1,043 
Share premium
517,744 
517,744 
Profit and loss account
(203,764)
(193,102)
Shareholders' funds
315,023 
325,685 
For the year ending 31 October 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by
Andreja White Director Company Registration No. 09811001
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Wellington's Nursery Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Wellington's Nursery Ltd is a private company, limited by shares, registered in England and Wales, registration number 09811001. The registered office is 5 Chestnut Avenue , Esher , Surrey, KT10 8JL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes for provision of childcare services.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line on buildings
Fixtures & fittings
20% straight line
Computer equipment
33% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is written off over 10 years.
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, when applicable, are shown within borrowings in current liabilities.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Wellington's Nursery Ltd Notes to the Accounts for the year ended 31 October 2024
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2023
100,000 
At 31 October 2024
100,000 
Amortisation
At 1 November 2023
60,000 
Charge for the year
10,000 
At 31 October 2024
70,000 
Net book value
At 31 October 2024
30,000 
At 31 October 2023
40,000 
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
200,000 
118,417 
2,573 
320,990 
Additions
- 
750 
547 
1,297 
At 31 October 2024
200,000 
119,167 
3,120 
322,287 
Depreciation
At 1 November 2023
24,000 
109,728 
1,931 
135,659 
Charge for the year
4,000 
2,691 
352 
7,043 
At 31 October 2024
28,000 
112,419 
2,283 
142,702 
Net book value
At 31 October 2024
172,000 
6,748 
837 
179,585 
At 31 October 2023
176,000 
8,689 
642 
185,331 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
25,226 
32,575 
Accrued income and prepayments
6,003 
5,332 
Other debtors
15,660 
20,059 
46,889 
57,966 
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Wellington's Nursery Ltd Notes to the Accounts for the year ended 31 October 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
420 
327 
Taxes and social security
321 
- 
Other creditors
17,501 
27,680 
Loans from directors
2,099 
1,525 
Accruals
2,284 
5,453 
Deferred income
41,361 
39,696 
63,986 
74,681 
The loans from directors are measured at transaction price and are interest free and repayable on demand.
8
Average number of employees
During the year the average number of employees was 18 (2023: 19).
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