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Registration number: 06982623

Mini Me's Nurseries Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Mini Me's Nurseries Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Mini Me's Nurseries Ltd

Company Information

Director

Mr Robert John Howes

Company secretary

Ms Gillian Beaumont

Registered office

182 Pontefract Road
Cudworth
Barnsley
South Yorkshire
S72 8BE

Accountants

Upton & Co Accountants Limited
Chartered Certified Accountants
182 Pontefract Road
Cudworth
Barnsley
South Yorkshire
S72 8BE

 

Mini Me's Nurseries Ltd

(Registration number: 06982623)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

462,413

396,406

Current assets

 

Debtors

5

211,777

261,655

Cash at bank and in hand

 

121,981

91,980

 

333,758

353,635

Creditors: Amounts falling due within one year

6

(189,882)

(225,453)

Net current assets

 

143,876

128,182

Total assets less current liabilities

 

606,289

524,588

Creditors: Amounts falling due after more than one year

6

(301,321)

(328,762)

Net assets

 

304,968

195,826

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

304,868

195,726

Shareholders' funds

 

304,968

195,826

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 May 2025
 

 

Mini Me's Nurseries Ltd

(Registration number: 06982623)
Balance Sheet as at 31 August 2024

.........................................
Mr Robert John Howes
Director

 

Mini Me's Nurseries Ltd

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

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
182 Pontefract Road
Cudworth
Barnsley
South Yorkshire
S72 8BE
United Kingdom

These financial statements were authorised for issue by the director on 28 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Mini Me's Nurseries Ltd

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

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold Property

2% Straight Line Basis

Fixtures & Fittings

20% Straight Line Basis

Office Equipment

20% Straight Line Basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

 

Mini Me's Nurseries Ltd

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

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 34 (2023 - 30).

 

Mini Me's Nurseries Ltd

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

4

Tangible assets

Land and buildings
£

Fixtures and fittings
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 September 2023

437,963

86,591

-

524,554

Additions

-

39,111

49,500

88,611

At 31 August 2024

437,963

125,702

49,500

613,165

Depreciation

At 1 September 2023

83,118

45,030

-

128,148

Charge for the year

8,759

12,814

1,031

22,604

At 31 August 2024

91,877

57,844

1,031

150,752

Carrying amount

At 31 August 2024

346,086

67,858

48,469

462,413

At 31 August 2023

354,845

41,561

-

396,406

Included within the net book value of land and buildings above is £346,086 (2023 - £354,845) in respect of freehold land and buildings.
 

5

Debtors

Note

2024
£

2023
£

Trade debtors

 

5,732

5,400

Amounts owed by related parties

10

86,045

136,255

Other debtors

 

120,000

120,000

 

211,777

261,655

 

Mini Me's Nurseries Ltd

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

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

28,038

28,635

Taxation and social security

 

24,340

24,522

Accruals and deferred income

 

134,966

145,492

Other creditors

 

2,538

26,804

 

189,882

225,453

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

301,321

328,762

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

       

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

301,321

328,762

Current loans and borrowings

2024
£

2023
£

Bank borrowings

28,038

28,635

 

Mini Me's Nurseries Ltd

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

9

Dividends

Interim dividends paid

2024
£

2023
£

Interim dividend of £200.00 per each Ordinary

20,000

20,000

 

 

10

Related party transactions

Transactions with the director

2023

At 1 September 2022
£

Repayments by director
£

At 31 August 2023
£

Mr Robert John Howes

DLA

97,675

(97,675)

-

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

35,316

15,846

Contributions paid to money purchase schemes

777

357

36,093

16,203