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REGISTERED NUMBER: 10001802 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST DECEMBER 2024

FOR

BEECH HOUSE NURSERY SCHOOL LIMITED

BEECH HOUSE NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 10001802)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


BEECH HOUSE NURSERY SCHOOL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







Directors: O R N Marshall
Mrs R H L Marshall





Registered office: Beech House
1 Hampton Park Road
Hereford
Herefordshire
HR1 1TQ





Registered number: 10001802 (England and Wales)

BEECH HOUSE NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 10001802)

BALANCE SHEET
31ST DECEMBER 2024

31.12.24 31.12.23
Notes £ £ £ £
Fixed assets
Tangible assets 4 1,329,009 1,281,024

Current assets
Stocks 5 925 875
Debtors 6 890,867 1,069,174
Cash at bank and in hand 367,620 327,565
1,259,412 1,397,614
Creditors
Amounts falling due within one year 7 542,482 435,616
Net current assets 716,930 961,998
Total assets less current liabilities 2,045,939 2,243,022

Creditors
Amounts falling due after more than one
year

8

(355,833

)

(715,833

)

Provisions for liabilities 10 (116,800 ) (104,600 )
Net assets 1,573,306 1,422,589

Capital and reserves
Called up share capital 11 100 100
Revaluation reserve 12 394,035 394,035
Retained earnings 1,179,171 1,028,454
Shareholders' funds 1,573,306 1,422,589

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BEECH HOUSE NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 10001802)

BALANCE SHEET - continued
31ST DECEMBER 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th April 2025 and were signed on its behalf by:





O R N Marshall - Director


BEECH HOUSE NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 10001802)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024


1. Statutory information

Beech House Nursery School Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention as modified by the revaluation of certain assets.

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
Tangible fixed assets are stated in the Balance sheet at cost less depreciation.

Depreciation is provided at the following rates in order to write off each asset over its estimated useful life:

Freehold property0%
Plant & equipment15% straight line
Motor vehicles25% straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

BEECH HOUSE NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 10001802)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


2. Accounting policies - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are measured at transaction price less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at the cost less impairment.

Impairment of financial assets
Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting date.
Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the assets original effective interest rate. The impairment loss is recognised in profit or loss.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducing all of its liabilities.

BEECH HOUSE NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 10001802)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


2. Accounting policies - continued
Basic financial liabilities, including trade and other payables are measured at the transaction price. Other financial liabilities, including bank loans and preference shares that are classified as debt, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Other financial liabilities
Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognized at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

Derecognition of financial liabilities
Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs & other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees (including officers)

The average number of employees during the year was 43 (2023 - 39 ) .

BEECH HOUSE NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 10001802)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


4. Tangible fixed assets
Freehold Plant & Motor
property equipment vehicles Totals
£ £ £ £
Cost or valuation
At 1st January 2024 1,250,000 126,702 - 1,376,702
Additions - 16,742 54,651 71,393
At 31st December 2024 1,250,000 143,444 54,651 1,448,095
Depreciation
At 1st January 2024 - 95,678 - 95,678
Charge for year - 9,745 13,663 23,408
At 31st December 2024 - 105,423 13,663 119,086
Net book value
At 31st December 2024 1,250,000 38,021 40,988 1,329,009
At 31st December 2023 1,250,000 31,024 - 1,281,024

Cost or valuation at 31st December 2024 is represented by:

Freehold Plant & Motor
property equipment vehicles Totals
£ £ £ £
Valuation in 2018 394,035 - - 394,035
Cost 855,965 143,444 54,651 1,054,060
1,250,000 143,444 54,651 1,448,095

The freehold property was valued by the directors on an open market basis as at 31st December 2024. They do not consider the value to be materially different to that shown in the accounts.

5. Stocks
31.12.24 31.12.23
£ £
Stocks 925 875

BEECH HOUSE NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 10001802)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


6. Debtors: amounts falling due within one year
31.12.24 31.12.23
£ £
Trade debtors 9,563 21,679
Amounts owed by group undertakings 272,235 457,000
Amounts owed by related parties 606,154 584,186
Prepayments & accrued income 2,915 6,309
890,867 1,069,174

7. Creditors: amounts falling due within one year
31.12.24 31.12.23
£ £
Bank loans 360,000 10,000
Trade creditors 4,921 4,764
Amounts owed to related parties 28,000 40,000
Corporation tax 56,335 77,900
Social security & other taxes 5,061 9,603
Other creditors 88,165 97,026
Directors' loan accounts - 196,323
542,482 435,616

8. Creditors: amounts falling due after more than one year
31.12.24 31.12.23
£ £
Bank loans - two to five years 355,833 715,833

9. Secured debts

The following secured debts are included within creditors:

31.12.24 31.12.23
£ £
Bank loans 715,833 725,833

The bank loan is secured by a fixed charge over the freehold property of the company.

10. Provisions for liabilities
31.12.24 31.12.23
£ £
Deferred tax 116,800 104,600

BEECH HOUSE NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 10001802)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


10. Provisions for liabilities - continued

Deferred tax
£
Balance at 1st January 2024 104,600
Accelerated capital allowances 12,200
Balance at 31st December 2024 116,800

Deferred tax has been calculated at 25%, as this is the rate timing differences are expected to reverse.

11. Called up share capital


Allotted, issued and fully paid:
Number: Class: Nominal value: 31.12.24 31.12.23
£    £   
55 Ordinary A £1 55 55
20 Ordinary B £1 20 20
20 Ordinary C £1 20 20
5 Ordinary D £1 5 5
100 100

12. Reserves
Revaluation
reserve
£
At 1st January 2024
and 31st December 2024 394,035

13. Contingent liabilities & lease commitments

There were no contingent liabilities or lease commitments at 31st December 2024.

14. Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

BEECH HOUSE NURSERY SCHOOL LIMITED (REGISTERED NUMBER: 10001802)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


14. Related party disclosures - continued

The directors

During the year the Directors used a current account to record amounts due to them and amounts drawn by them. The balance at the year end was £nil (2023: £196,323 owed by the company). During the year, the loan account balances were transferred to the holding company.

Related parties

The following transactions with related parties took place during the year, on normal commercial terms:



Loan
repayments
New loans
in the year
Loan -
Debtor
Loan -
Creditor
£   £   £   £   
Transactions with entities with
common control


2,630

24,598

606,154

-
Transactions with other related
parties


12,000

-

-

28,000

15. Ultimate controlling party

The Company is a wholly owned subsidiary of Woodlands Nursery Group Limited, which is the ultimate holding company.

Company registration number:14548864
Company registered office:Beech House
1 Hampton Park Road
Hereford
Herefordshire
HR1 1TQ