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REGISTERED NUMBER: 06924846 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Daisy Nursery Ltd

Daisy Nursery Ltd (Registered number: 06924846)

Contents of the Financial Statements
for the Year Ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Daisy Nursery Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mrs V M Peterkin
A N Peterkin





REGISTERED OFFICE: Anglesey Lodge
Farnborough Road
Aldershot
Hampshire
GU11 3BJ





REGISTERED NUMBER: 06924846 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

Daisy Nursery Ltd (Registered number: 06924846)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 506,643 519,104

CURRENT ASSETS
Debtors 5 58,248 55,409
Cash at bank 36,931 20,928
95,179 76,337
CREDITORS
Amounts falling due within one year 6 439,116 553,230
NET CURRENT LIABILITIES (343,937 ) (476,893 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

162,706

42,211

CREDITORS
Amounts falling due after more than one
year

7

(33,750

)

(78,750

)

PROVISIONS FOR LIABILITIES 9 (126,661 ) (98,630 )
NET ASSETS/(LIABILITIES) 2,295 (135,169 )

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 1,295 (136,169 )
SHAREHOLDERS' FUNDS 2,295 (135,169 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Daisy Nursery Ltd (Registered number: 06924846)

Balance Sheet - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by:





A N Peterkin - Director


Daisy Nursery Ltd (Registered number: 06924846)

Notes to the Financial Statements
for the Year Ended 31 August 2024


1. STATUTORY INFORMATION

Daisy Nursery Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Nursery equipment - over the remaining life of the lease

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, adjusted for indexation where applicable.

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.

Daisy Nursery Ltd (Registered number: 06924846)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


2. ACCOUNTING POLICIES - continued

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.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 114 (2023 - 125 ) .

4. TANGIBLE FIXED ASSETS
Leasehold Motor Nursery
Improvements vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 59,457 57,300 995,288 1,112,045
Additions - - 96,000 96,000
Disposals - - (97,026 ) (97,026 )
At 31 August 2024 59,457 57,300 994,262 1,111,019
DEPRECIATION
At 1 September 2023 13,212 22,900 556,829 592,941
Charge for year 6,606 3,182 98,673 108,461
Eliminated on disposal - - (97,026 ) (97,026 )
At 31 August 2024 19,818 26,082 558,476 604,376
NET BOOK VALUE
At 31 August 2024 39,639 31,218 435,786 506,643
At 31 August 2023 46,245 34,400 438,459 519,104


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 58,248 55,409

Daisy Nursery Ltd (Registered number: 06924846)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 70,100 64,515
Taxation and social security 218,545 288,657
Other creditors 150,471 200,058
439,116 553,230

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 33,750 78,750

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.8.24 31.8.23
£    £   
Within one year 316,620 239,771
Between one and five years 1,089,332 875,573
In more than five years 357,543 228,300
1,763,495 1,343,644

9. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax 126,661 98,630

Deferred
tax
£   
Balance at 1 September 2023 98,630
Movement in the year 28,031
Balance at 31 August 2024 126,661

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
1,000 Ordinary £1 1,000 1,000