Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 04710738 Mr B Jones Mr B Jones Mrs S Jones Mrs S Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04710738 2023-08-31 04710738 2024-08-31 04710738 2023-09-01 2024-08-31 04710738 frs-core:CurrentFinancialInstruments 2024-08-31 04710738 frs-core:Non-currentFinancialInstruments 2024-08-31 04710738 frs-core:FurnitureFittings 2024-08-31 04710738 frs-core:FurnitureFittings 2023-09-01 2024-08-31 04710738 frs-core:FurnitureFittings 2023-08-31 04710738 frs-core:NetGoodwill 2024-08-31 04710738 frs-core:NetGoodwill 2023-09-01 2024-08-31 04710738 frs-core:NetGoodwill 2023-08-31 04710738 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 04710738 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 04710738 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-31 04710738 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 04710738 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04710738 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 04710738 frs-core:MotorVehicles 2024-08-31 04710738 frs-core:MotorVehicles 2023-09-01 2024-08-31 04710738 frs-core:MotorVehicles 2023-08-31 04710738 frs-core:PlantMachinery 2024-08-31 04710738 frs-core:PlantMachinery 2023-09-01 2024-08-31 04710738 frs-core:PlantMachinery 2023-08-31 04710738 frs-core:ShareCapital 2024-08-31 04710738 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 04710738 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04710738 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 04710738 frs-bus:SmallEntities 2023-09-01 2024-08-31 04710738 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04710738 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 04710738 frs-core:UnlistedNon-exchangeTraded 2024-08-31 04710738 frs-core:UnlistedNon-exchangeTraded 2023-08-31 04710738 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-08-31 04710738 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-08-31 04710738 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-08-31 04710738 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-08-31 04710738 frs-bus:Director1 2023-09-01 2024-08-31 04710738 frs-bus:Director2 2023-09-01 2024-08-31 04710738 frs-bus:Director3 2023-09-01 2024-08-31 04710738 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 04710738 frs-countries:EnglandWales 2023-09-01 2024-08-31 04710738 2022-08-31 04710738 2023-08-31 04710738 2022-09-01 2023-08-31 04710738 frs-core:CurrentFinancialInstruments 2023-08-31 04710738 frs-core:Non-currentFinancialInstruments 2023-08-31 04710738 frs-core:ShareCapital 2023-08-31 04710738 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 04710738
Climbing High Nurseries Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Aird Accountancy Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04710738
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,296,407 2,412,106
Investments 6 1 1
2,296,408 2,412,107
CURRENT ASSETS
Debtors 7 607,298 261,694
Cash at bank and in hand 14,972 -
622,270 261,694
Creditors: Amounts Falling Due Within One Year 8 (424,285 ) (556,421 )
NET CURRENT ASSETS (LIABILITIES) 197,985 (294,727 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,494,393 2,117,380
Creditors: Amounts Falling Due After More Than One Year 9 (1,049,322 ) (767,117 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (46,328 ) (45,755 )
NET ASSETS 1,398,743 1,304,508
CAPITAL AND RESERVES
Called up share capital 11 1,005 1,005
Profit and Loss Account 1,397,738 1,303,503
SHAREHOLDERS' FUNDS 1,398,743 1,304,508
Page 1
Page 2
For the year ending 31 August 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.
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
Mr B Jones
Director
Mrs S Jones
Director
06/05/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Climbing High Nurseries Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04710738 . The registered office is Ryehills Farm Day Nursery, Northampton Road West Haddon, Northampton, NN6 7AS.
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 .... 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:
Freehold 4% on cost
Leasehold Straight line over lease term
Plant & Machinery 33% on cost
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
Page 3
Page 4
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 88 (2023: 85)
88 85
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 115,000
As at 31 August 2024 115,000
Amortisation
As at 1 September 2023 115,000
As at 31 August 2024 115,000
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
5. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 September 2023 2,831,998 85,193 56,348 175,704
Additions - - 2,985 4,990
Disposals - - - (15,230 )
As at 31 August 2024 2,831,998 85,193 59,333 165,464
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 September 2023 706,120 28,399 50,058 70,942
Provided during the period 52,779 5,680 7,335 27,155
Disposals - - - (14,087 )
As at 31 August 2024 758,899 34,079 57,393 84,010
Net Book Value
As at 31 August 2024 2,073,099 51,114 1,940 81,454
As at 1 September 2023 2,125,878 56,794 6,290 104,762
Fixtures & Fittings Total
£ £
Cost
As at 1 September 2023 415,972 3,565,215
Additions - 7,975
Disposals - (15,230 )
As at 31 August 2024 415,972 3,557,960
Depreciation
As at 1 September 2023 297,590 1,153,109
Provided during the period 29,582 122,531
Disposals - (14,087 )
As at 31 August 2024 327,172 1,261,553
Net Book Value
As at 31 August 2024 88,800 2,296,407
As at 1 September 2023 118,382 2,412,106
6. Investments
Unlisted
£
Cost
As at 1 September 2023 1
As at 31 August 2024 1
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 1
As at 1 September 2023 1
Page 5
Page 6
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,288 9,549
Other debtors 597,010 252,145
607,298 261,694
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 21,778 21,778
Trade creditors 97,281 72,515
Bank loans and overdrafts 79,357 328,607
Other creditors 44,312 32,890
Taxation and social security 181,557 100,631
424,285 556,421
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 63,817 85,595
Bank loans 985,505 681,522
1,049,322 767,117
10. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 1,064,862 1,010,129
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,005 1,005
12. Related Party Transactions
Included within debtors is the amount of £517,536 (2024 - £194,304) which is owed to Climbing High Nurseries Limited by Lemon Squeezy House Limited. Lemon Squeezy House Limited is owned 100% by Climbing High Nurseries Limited and has common directors.
Included within debtors is the amount of £78,084 (2024 - £57,842) which is owed to Climbing High Nurseries Limited by The Early Years Network Limited which is a company with the common directorship of Mr Ben Jones.
Included within debtors is the amount of £1,390 (2024 - £nil) which is owed to ClimbingHigh Nurseries Limited by The Pink Payroll Company Limited which is a company with the common directorship of Mrs Sandra Jones.
Page 6