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REGISTERED NUMBER: 04295123 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 September 2024

for

CASTLE VIEW DAY NURSERY LIMITED

CASTLE VIEW DAY NURSERY LIMITED (REGISTERED NUMBER: 04295123)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CASTLE VIEW DAY NURSERY LIMITED

Company Information
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: S Roper
A Laker





REGISTERED OFFICE: Bryant House
Bryant Road
Strood
Rochester
Kent
ME2 3EW





REGISTERED NUMBER: 04295123 (England and Wales)





ACCOUNTANTS: Friend & Grant Ltd
Bryant House
Bryant Road
Strood
Rochester
Kent
ME2 3EW

CASTLE VIEW DAY NURSERY LIMITED (REGISTERED NUMBER: 04295123)

Balance Sheet
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 - 7,794
Tangible assets 6 683,069 705,582
683,069 713,376

CURRENT ASSETS
Stocks 2,150 1,312
Debtors 7 55,335 27,322
Cash at bank 200 244
57,685 28,878
CREDITORS
Amounts falling due within one year 8 258,537 293,045
NET CURRENT LIABILITIES (200,852 ) (264,167 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

482,217

449,209

CREDITORS
Amounts falling due after more than one
year

9

(317,766

)

(355,706

)

PROVISIONS FOR LIABILITIES (7,390 ) (8,988 )
NET ASSETS 157,061 84,515

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 156,961 84,415
SHAREHOLDERS' FUNDS 157,061 84,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

CASTLE VIEW DAY NURSERY LIMITED (REGISTERED NUMBER: 04295123)

Balance Sheet - continued
30 SEPTEMBER 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 Income Statement has not been delivered.

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:




S Roper - Director



A Laker - Director


CASTLE VIEW DAY NURSERY LIMITED (REGISTERED NUMBER: 04295123)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Castle View Day Nursery 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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 Section 1A, and the Companies Act 2006. There are no material departures from FRS 102.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.The policies adopted for the recognition of turnover are as following:

- Sale of goods
Turnover from the sale of goods is recognised at the point of sale.

- Rendering of services
When providing day services, turnover is usually recognised on completion of the service and, for monthly engagements, it is recognised by reference to the stage of completion at the balance sheet date,

- Interest receivable
Interest income is recognised using the effective interest method.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001 as well as the amount paid in connection with the acquisition of Cliffe Pre-School in 2017, has been amortised evenly over each acquisitions estimated useful life of ten years starting from each acquisition date.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Improvements to property - 5% on straight line
Motor vehicles - 25% on reducing balance
Freehold property - 2% on 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.


CASTLE VIEW DAY NURSERY LIMITED (REGISTERED NUMBER: 04295123)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.

Employee benefits
The company recognises a provision for annual leave accrued by employees as a result of services rendered in current period, and which employees are entitled to carry forward and use within the next 12 months. The provision is measured at the salary cost payable for the period of absence.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2023 - 39 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023 45,978
Disposals (25,978 )
At 30 September 2024 20,000
AMORTISATION
At 1 October 2023 38,184
Eliminated on disposal (18,184 )
At 30 September 2024 20,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 7,794

CASTLE VIEW DAY NURSERY LIMITED (REGISTERED NUMBER: 04295123)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 October 2023 676,333 23,829 5,814
Additions - - 3,099
Disposals - - (1,697 )
At 30 September 2024 676,333 23,829 7,216
DEPRECIATION
At 1 October 2023 27,053 5,289 2,446
Charge for year 13,527 1,191 1,527
Eliminated on disposal - - (1,338 )
At 30 September 2024 40,580 6,480 2,635
NET BOOK VALUE
At 30 September 2024 635,753 17,349 4,581
At 30 September 2023 649,280 18,540 3,368

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 October 2023 123,601 4,000 833,577
Additions 5,293 - 8,392
Disposals (58,616 ) - (60,313 )
At 30 September 2024 70,278 4,000 781,656
DEPRECIATION
At 1 October 2023 90,156 3,051 127,995
Charge for year 8,224 237 24,706
Eliminated on disposal (52,776 ) - (54,114 )
At 30 September 2024 45,604 3,288 98,587
NET BOOK VALUE
At 30 September 2024 24,674 712 683,069
At 30 September 2023 33,445 949 705,582

CASTLE VIEW DAY NURSERY LIMITED (REGISTERED NUMBER: 04295123)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,654 9,467
Other debtors 36,681 17,855
55,335 27,322

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 58,290 85,608
Taxation and social security 57,100 33,964
Other creditors 143,147 173,473
258,537 293,045

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 317,766 355,706

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 183,208 217,413

10. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £450 (2023: £6,299). This relates to the lease of a minibus for business use. The lease expires in October 2024.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
A Laker
Balance outstanding at start of year (71,993 ) (87,268 )
Amounts advanced 65,342 44,881
Amounts repaid (43,042 ) (29,606 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (49,693 ) (71,993 )

CASTLE VIEW DAY NURSERY LIMITED (REGISTERED NUMBER: 04295123)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

S Roper
Balance outstanding at start of year (80,931 ) (90,637 )
Amounts advanced 101,100 45,545
Amounts repaid (63,566 ) (35,839 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (43,397 ) (80,931 )

The loans from the directors to the company are unsecured and repayable on demand. Interest has been charged at a rate of 12% per annum.