Company registration number: 07915003
Unaudited financial statements
for the year ended 31 August 2024
for
Old Sarum Nursery
(company limited by guarantee)
Pages for filing with the Registrar
Company registration number: 07915003
Old Sarum Nursery
(company limited by guarantee)
Balance sheet
as at 31 August 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 388 1,578
388 1,578
Current assets
Cash at bank and in hand 171,026 178,978
171,026 178,978
Creditors: amounts falling due within one
year
(483) (464)
Net current assets 170,543 178,514
Total assets less current liabilities 170,931 180,092
NET ASSETS 170,931 180,092
Reserves
Income and expenditure account 170,931 180,092
TOTAL RESERVES 170,931 180,092
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07915003
Old Sarum Nursery
(company limited by guarantee)
Balance sheet - continued
as at 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 Income and expenditure account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 20 May 2025 and signed on its behalf by:
Mr M Earle, Director
20 May 2025
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Old Sarum Nursery
(company limited by guarantee)
Notes to the financial statements
for the year ended 31 August 2024
1 Company information
Old Sarum Nursery is a private company registered in England and Wales. Its registered number is 07915003. The company is limited by guarantee. Its registered office is Old Sarum Primary School, Pheasant Drive, Salisbury, Wiltshire, SP4 6GH.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixed assets:
Fencing - 10% straight line
Equipment - 20% straight line
Computer equipment - 33.33% straight line
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to income and expenditure in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 10 (2023 - 13).
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Old Sarum Nursery
(company limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 August 2024
4 Tangible fixed assets
Fixed assets
£
Cost
At 1 September 2023 13,793
At 31 August 2024 13,793
Depreciation
At 1 September 2023 12,215
Charge for year 1,190
At 31 August 2024 13,405
Net book value
At 31 August 2024 388
At 31 August 2023 1,578
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