Registered number
09510702
Stretton Day Nursery Limited
Filleted Accounts
31 March 2025
Stretton Day Nursery Limited
Registered number: 09510702
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 47,587 31,680
Current assets
Stocks 100 100
Debtors 4 29,961 19,169
Cash at bank and in hand 167,686 136,748
197,747 156,017
Creditors: amounts falling due within one year 5 (60,698) (65,504)
Net current assets 137,049 90,513
Total assets less current liabilities 184,636 122,193
Creditors: amounts falling due after more than one year 6 (38,348) -
Net assets 146,288 122,193
Capital and reserves
Called up share capital 100 100
Profit and loss account 146,188 122,093
Shareholders' funds 146,288 122,193
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 H L Eaton
Director
Approved by the board on 4 June 2025
Stretton Day Nursery Limited
Notes to the Accounts
for the year ended 31 March 2025
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:
Property Improvements 15% SL
Leasehold land and buildings over the lease term
Fixtures, fittings, tools and equipment 15% RBM
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 22 20
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 April 2024 10,934 17,232 58,125 86,291
Additions - 1,429 54,955 56,384
Disposals - - (58,125) (58,125)
At 31 March 2025 10,934 18,661 54,955 84,550
Depreciation
At 1 April 2024 9,841 11,168 33,602 54,611
Charge for the year 1,093 1,124 13,739 15,956
On disposals - - (33,604) (33,604)
At 31 March 2025 10,934 12,292 13,737 36,963
Net book value
At 31 March 2025 - 6,369 41,218 47,587
At 31 March 2024 1,093 6,064 24,523 31,680
4 Debtors 2025 2024
£ £
Trade debtors 13,250 18,156
Other debtors 16,711 1,013
29,961 19,169
5 Creditors: amounts falling due within one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts 6,500 31,795
Trade creditors - 667
Taxation and social security costs 2,430 10,358
Other creditors 51,768 22,684
60,698 65,504
6 Creditors: amounts falling due after one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts 38,348 -
7 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mrs H L Eaton
Directors Loan Account (4,958) 40,000 (20,000) 15,042
(4,958) 40,000 (20,000) 15,042
8 Controlling party
The company is controlled by the directors by virtue of their shareholdings.
9 Other information
Stretton Day Nursery Limited is a private company limited by shares and incorporated in England. Its registered office is:
Tanglewood
Derby Road
Stretton
Burton - on - Trent
DE13 0DF
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