Acorah Software Products - Accounts Production 16.3.350 false true false 5 July 2023 31 July 2024 31 July 2024 14980935 Mrs Medusa Sojourn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14980935 2023-07-04 14980935 2024-07-31 14980935 2023-07-05 2024-07-31 14980935 frs-core:CurrentFinancialInstruments 2024-07-31 14980935 frs-core:Non-currentFinancialInstruments 2024-07-31 14980935 frs-core:ComputerEquipment 2024-07-31 14980935 frs-core:ComputerEquipment 2023-07-05 2024-07-31 14980935 frs-core:ComputerEquipment 2023-07-04 14980935 frs-core:NetGoodwill 2024-07-31 14980935 frs-core:NetGoodwill 2023-07-05 2024-07-31 14980935 frs-core:NetGoodwill 2023-07-04 14980935 frs-core:PlantMachinery 2024-07-31 14980935 frs-core:PlantMachinery 2023-07-05 2024-07-31 14980935 frs-core:PlantMachinery 2023-07-04 14980935 frs-core:ShareCapital 2024-07-31 14980935 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 14980935 frs-bus:PrivateLimitedCompanyLtd 2023-07-05 2024-07-31 14980935 frs-bus:FilletedAccounts 2023-07-05 2024-07-31 14980935 frs-bus:SmallEntities 2023-07-05 2024-07-31 14980935 frs-bus:AuditExempt-NoAccountantsReport 2023-07-05 2024-07-31 14980935 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-05 2024-07-31 14980935 frs-bus:Director1 2023-07-05 2024-07-31 14980935 frs-countries:EnglandWales 2023-07-05 2024-07-31
Registered number: 14980935
Ducklings Nursery Ltd
Unaudited Financial Statements
For the Period 5 July 2023 to 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 14980935
31 July 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 93,033
Tangible Assets 5 17,885
110,918
CURRENT ASSETS
Stocks 6 4,000
Debtors 7 19,133
Cash at bank and in hand 530
23,663
Creditors: Amounts Falling Due Within One Year 8 (97,042 )
NET CURRENT ASSETS (LIABILITIES) (73,379 )
TOTAL ASSETS LESS CURRENT LIABILITIES 37,539
Creditors: Amounts Falling Due After More Than One Year 9 (43,259 )
NET LIABILITIES (5,720 )
CAPITAL AND RESERVES
Called up share capital 10 100
Profit and Loss Account (5,820 )
SHAREHOLDERS' FUNDS (5,720)
For the period 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 Profit and Loss Account.
On behalf of the board
Mrs Medusa Sojourn
Director
19/05/2025
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
Ducklings Nursery Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14980935 . The registered office is 69 Derby Road, Sandiacre, Nottingham, Derbyshire, NG10 5HY.
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.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
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 20% reducing balance
Computer Equipment 25% straight line
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 14
14
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4. Intangible Assets
Goodwill
£
Cost
As at 5 July 2023 -
Additions 100,000
As at 31 July 2024 100,000
Amortisation
As at 5 July 2023 -
Provided during the period 6,967
As at 31 July 2024 6,967
Net Book Value
As at 31 July 2024 93,033
As at 5 July 2023 -
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 5 July 2023 - - -
Additions 20,000 717 20,717
As at 31 July 2024 20,000 717 20,717
Depreciation
As at 5 July 2023 - - -
Provided during the period 2,787 45 2,832
As at 31 July 2024 2,787 45 2,832
Net Book Value
As at 31 July 2024 17,213 672 17,885
As at 5 July 2023 - - -
6. Stocks
31 July 2024
£
Stock 4,000
7. Debtors
31 July 2024
£
Due within one year
Other debtors 19,133
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Page 4
8. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Trade creditors (32 )
Bank loans and overdrafts 12,500
Other creditors 60,718
Taxation and social security 23,856
97,042
9. Creditors: Amounts Falling Due After More Than One Year
31 July 2024
£
Bank loans 43,259
10. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 100
11. Related Party Transactions
Within Other Debtors, there is an amount of £17,487 (2023: NIL) owed by Ducklings Private Nursery Ltd. Both companies are under the control of the same Director and Shareholder.
12. Going concern
These financial statements have been prepared on the understanding that the director and shareholder will continue to financially support the company for the foreseeable future.
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