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Registration number: 09002727

Jolly Rainbows Nursery Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2025

 

Jolly Rainbows Nursery Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 6

 

Jolly Rainbows Nursery Ltd

Company Information

Director

Miss J Wardle

Registered office

Yiewsley Methodist Church
Fairfield Road
West Drayton
Middlesex
UB7 8ES

Accountants

Sterling Grove Accountants Limited
Chartered Certified AccountantsFawley House
2 Regatta Place Marlow Road
Bourne End
Bucks
SL8 5TD

 

Jolly Rainbows Nursery Ltd

(Registration number: 09002727)
Balance Sheet as at 30 April 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

807

2,132

Current assets

 

Debtors

5

2,499

2,606

Cash at bank and in hand

 

49,081

51,706

 

51,580

54,312

Creditors: Amounts falling due within one year

6

(24,500)

(28,586)

Net current assets

 

27,080

25,726

Net assets

 

27,887

27,858

Capital and reserves

 

Called up share capital

100

100

Retained earnings

27,787

27,758

Shareholders' funds

 

27,887

27,858

For the financial year ending 30 April 2025 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 her 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 and 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 June 2025
 

.........................................
Miss J Wardle
Director

 

Jolly Rainbows Nursery Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

1

General information

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

The address of its registered office is:
Yiewsley Methodist Church
Fairfield Road
West Drayton
Middlesex
UB7 8ES
England

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.

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

Fixtures and fittings

25% straight line

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.

 

Jolly Rainbows Nursery Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

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 at the transaction price.

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 6 (2024 - 6).

 

Jolly Rainbows Nursery Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 May 2024

7,198

7,198

Disposals

(3,232)

(3,232)

At 30 April 2025

3,966

3,966

Depreciation

At 1 May 2024

5,066

5,066

Charge for the year

655

655

Eliminated on disposal

(2,562)

(2,562)

At 30 April 2025

3,159

3,159

Carrying amount

At 30 April 2025

807

807

At 30 April 2024

2,132

2,132

5

Debtors

Current

2025
£

2024
£

Trade debtors

33

675

Prepayments

2,466

1,931

 

2,499

2,606

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Taxation and social security

17,279

24,917

Other creditors

7,221

3,669

24,500

28,586

 

Jolly Rainbows Nursery Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

7

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £10,800 (2024 - £10,200).