Company Registration No. 7022448 (England and Wales)
The Nest Nursery Limited
Unaudited accounts
for the year ended 30 September 2024
The Nest Nursery Limited
Unaudited accounts
Contents
The Nest Nursery Limited
Company Information
for the year ended 30 September 2024
Directors
L A Hellyn
C R Hellyn
Secretary
Internet Tax Co Ltd
Company Number
7022448 (England and Wales)
Registered Office
118 Wood End Road
Birmingham
B24 8BJ
The Nest Nursery Limited
Statement of financial position
as at 30 September 2024
Intangible assets
55,404
62,329
Tangible assets
19,501
13,311
Cash at bank and in hand
190,939
68,528
Creditors: amounts falling due within one year
(261,914)
(235,583)
Net current liabilities
(3,216)
(58,677)
Total assets less current liabilities
71,691
16,965
Creditors: amounts falling due after more than one year
(103,047)
(75,240)
Provisions for liabilities
Other provisions
34,898
59,000
Called up share capital
2
2
Profit and loss account
3,540
723
Shareholders' funds
3,542
725
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by
L A Hellyn
Director
Company Registration No. 7022448
The Nest Nursery Limited
Notes to the Accounts
for the year ended 30 September 2024
The Nest Nursery Limited is a private company, limited by shares, registered in England and Wales, registration number 7022448. The registered office is 118 Wood End Road, Birmingham, B24 8BJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over a twenty year period.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Leases written off over a 22 year period, on a straight line basis.
Plant & machinery
20% per annum, on a straight line basis.
Fixtures & fittings
25% per annum, on a straight line basis.
Computer equipment
50% per annum, on a straight line basis.
4
Intangible fixed assets
Goodwill
At 30 September 2024
138,505
At 30 September 2024
83,101
At 30 September 2024
55,404
At 30 September 2023
62,329
The Nest Nursery Limited
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2023
1,491
90,535
61,531
10,244
163,801
Additions
-
-
16,713
2,522
19,235
At 30 September 2024
1,491
90,535
78,244
12,766
183,036
At 1 October 2023
544
85,102
54,649
10,195
150,490
Charge for the year
68
4,735
6,931
1,311
13,045
At 30 September 2024
612
89,837
61,580
11,506
163,535
At 30 September 2024
879
698
16,664
1,260
19,501
At 30 September 2023
947
5,433
6,882
49
13,311
6
Investments
Subsidiary undertakings
Valuation at 1 October 2023
2
Valuation at 30 September 2024
2
A subsidiary company, Nest Nursery Services Ltd, was incorporated on 07.10.2021. That subsidiary company is currently dormant.
The group is classed as Small, so Consolidated Accounts are not produced.
Amounts falling due within one year
Other debtors
60,000
103,000
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,441
10,056
Trade creditors
2,933
26,368
Taxes and social security
44,002
29,228
Other creditors
64,589
50,990
The Nest Nursery Limited
Notes to the Accounts
for the year ended 30 September 2024
9
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
103,047
57,026
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
11
Average number of employees
During the year the average number of employees was 91 (2023: 95).