Registered number
08257417
Holly Grange Montessori Nursery (Cuddington) Limited
Filleted Accounts
31 August 2024
Holly Grange Montessori Nursery (Cuddington) Limited
Registered number: 08257417
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 121,348 116,390
Current assets
Debtors 4 455,766 408,121
Cash at bank and in hand 29,434 33,120
485,200 441,241
Creditors: amounts falling due within one year 5 (49,232) (62,318)
Net current assets 435,968 378,923
Total assets less current liabilities 557,316 495,313
Creditors: amounts falling due after more than one year 6 (29,192) (35,034)
Net assets 528,124 460,279
Capital and reserves
Called up share capital 100 100
Profit and loss account 528,024 460,179
Shareholder's funds 528,124 460,279
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs A J Herrington
Director
Approved by the board on 20 May 2025
Holly Grange Montessori Nursery (Cuddington) Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 21 20
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 September 2023 93,660 96,231 189,891
Additions - 22,417 22,417
At 31 August 2024 93,660 118,648 212,308
Depreciation
At 1 September 2023 18,732 54,769 73,501
Charge for the year 4,683 12,776 17,459
At 31 August 2024 23,415 67,545 90,960
Net book value
At 31 August 2024 70,245 51,103 121,348
At 31 August 2023 74,928 41,462 116,390
4 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 265,810 218,310
Other debtors 189,956 189,811
455,766 408,121
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 6,313 4,542
Trade creditors 12,069 7,624
Taxation and social security costs 28,519 11,434
Other creditors 2,331 38,718
49,232 62,318
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 29,192 35,034
7 Other information
Holly Grange Montessori Nursery (Cuddington) Limited is a private company limited by shares and incorporated in England. Its registered office is:
53 Pepper Street
Lymm
Warrington
Cheshire
WA13 0JG
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