Registered number
08679791
The Willows Day Nursery (Chatteris) Ltd
Filleted Accounts
30 September 2024
The Willows Day Nursery (Chatteris) Ltd
Registered number: 08679791
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 121,344 151,680
Current assets
Debtors 4 67,086 46,586
Cash at bank and in hand 183,218 69,865
250,304 116,451
Creditors: amounts falling due within one year 5 (25,342) (13,368)
Net current assets 224,962 103,083
Total assets less current liabilities 346,306 254,763
Creditors: amounts falling due after more than one year 6 (105,630) (141,109)
Net assets 240,676 113,654
Capital and reserves
Called up share capital 4 4
Profit and loss account 240,672 113,650
Shareholders' funds 240,676 113,654
The directors are 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 directors acknowledge their 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.
Ms Hayley Carver
Director
Approved by the board on 12 June 2025
The Willows Day Nursery (Chatteris) Ltd
Notes to the Accounts
for the year ended 30 September 2024
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:
Fixtures, fittings, tools and equipment 20% on a Reducing Basis
Motor Vehicles 20% on a Reducing Basis
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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 55 46
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 October 2023 114,528 170,710 285,238
At 30 September 2024 114,528 170,710 285,238
Depreciation
At 1 October 2023 83,378 50,180 133,558
Charge for the year 6,230 24,106 30,336
At 30 September 2024 89,608 74,286 163,894
Net book value
At 30 September 2024 24,920 96,424 121,344
At 30 September 2023 31,150 120,530 151,680
4 Debtors 2024 2023
£ £
Other debtors 67,086 46,586
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 9,367 13,367
Taxation and social security costs 15,974 -
Other creditors 1 1
25,342 13,368
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 105,072 140,551
Other creditors 558 558
105,630 141,109
7 Other information
The Willows Day Nursery (Chatteris) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
8 Station Road
Chatteris
PE16 6AG
The Willows Day Nursery (Chatteris) Ltd 08679791 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2025 Ms Hayley Carver No description of principal activity 08679791 2022-10-01 2023-09-30 08679791 core:WithinOneYear 2023-09-30 08679791 core:AfterOneYear 2023-09-30 08679791 core:ShareCapital 2023-09-30 08679791 core:RetainedEarningsAccumulatedLosses 2023-09-30 08679791 2023-10-01 2024-09-30 08679791 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08679791 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 08679791 bus:Director40 2023-10-01 2024-09-30 08679791 1 2023-10-01 2024-09-30 08679791 2 2023-10-01 2024-09-30 08679791 core:PlantMachinery 2023-10-01 2024-09-30 08679791 core:Vehicles 2023-10-01 2024-09-30 08679791 countries:England 2023-10-01 2024-09-30 08679791 bus:FRS102 2023-10-01 2024-09-30 08679791 bus:FilletedAccounts 2023-10-01 2024-09-30 08679791 2024-09-30 08679791 core:WithinOneYear 2024-09-30 08679791 core:AfterOneYear 2024-09-30 08679791 core:ShareCapital 2024-09-30 08679791 core:RetainedEarningsAccumulatedLosses 2024-09-30 08679791 core:PlantMachinery 2024-09-30 08679791 core:Vehicles 2024-09-30 08679791 2023-09-30 08679791 core:PlantMachinery 2023-09-30 08679791 core:Vehicles 2023-09-30 iso4217:GBP xbrli:pure