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REGISTERED NUMBER: 13246387 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

MARYAMS NURSERY LTD

MARYAMS NURSERY LTD (REGISTERED NUMBER: 13246387)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


MARYAMS NURSERY LTD (REGISTERED NUMBER: 13246387)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 18,374 24,498
Property, plant and equipment 5 380,086 461,940
398,460 486,438

CURRENT ASSETS
Debtors 6 437,644 211,629
Cash at bank and in hand 390,096 48,873
827,740 260,502
CREDITORS
Amounts falling due within one year 7 366,163 252,906
NET CURRENT ASSETS 461,577 7,596
TOTAL ASSETS LESS CURRENT
LIABILITIES

860,037

494,034

PROVISIONS FOR LIABILITIES 9 62,594 53,088
NET ASSETS 797,443 440,946

CAPITAL AND RESERVES
Called up share capital 200 200
Share premium 99,940 99,940
Retained earnings 697,303 340,806
797,443 440,946

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

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

The director acknowledges her 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.

MARYAMS NURSERY LTD (REGISTERED NUMBER: 13246387)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 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 director and authorised for issue on 18 August 2025 and were signed by:





Ms A Aalamani - Director


MARYAMS NURSERY LTD (REGISTERED NUMBER: 13246387)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Maryams Nursery Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13246387

Registered office: 1 Kings Avenue
London
N21 3NA

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


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.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

Revenue
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts. Revenue is recognised when services are rendered to the customers.

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.

The assets are being amortised evenly over their estimated useful life of five years.

The company has adopted the policy of not amortizing the assets in the first year, however full amortization is provided in the year of disposal.

Property, plant and equipment
Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Short leasehold - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

The company has adopted the policy of not depreciating the assets in the first year, however full depreciation is provided in the year of disposal.

MARYAMS NURSERY LTD (REGISTERED NUMBER: 13246387)

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

2. 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the statement of financial position 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.

Cash and cash equivalent
Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 26 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2023
and 31 August 2024 30,623
AMORTISATION
At 1 September 2023 6,125
Charge for year 6,124
At 31 August 2024 12,249
NET BOOK VALUE
At 31 August 2024 18,374
At 31 August 2023 24,498

MARYAMS NURSERY LTD (REGISTERED NUMBER: 13246387)

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

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Short Plant and and
leasehold machinery fittings Totals
£    £    £    £   
COST
At 1 September 2023 220,940 64,854 259,341 545,135
Additions - 14,901 18,730 33,631
At 31 August 2024 220,940 79,755 278,071 578,766
DEPRECIATION
At 1 September 2023 47,995 6,679 28,521 83,195
Charge for year 43,236 14,544 57,705 115,485
At 31 August 2024 91,231 21,223 86,226 198,680
NET BOOK VALUE
At 31 August 2024 129,709 58,532 191,845 380,086
At 31 August 2023 172,945 58,175 230,820 461,940

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Other debtors 437,644 211,629

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Bank loans and overdrafts - 149,297
Trade creditors 144 3,720
Taxation and social security 205,747 59,070
Other creditors 160,272 40,819
366,163 252,906

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
as restated
£    £   
Bank loans - 149,297

Bank loan is secured by way of fixed and floating charge on the assets of the company and contains a negative pledge.

9. PROVISIONS FOR LIABILITIES
2024 2023
as restated
£    £   
Deferred tax 62,594 53,088

MARYAMS NURSERY LTD (REGISTERED NUMBER: 13246387)

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

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 September 2023 53,088
Provided during year 9,506
Balance at 31 August 2024 62,594

10. RELATED PARTY DISCLOSURES

Included in other debtors less than one year is an amount of £49,251 (2023: £Nil) due from a connected company with common directorship and shareholding. The loan remains interest free and recoverable on demand.

Included in other creditors less than one year is an amount of £16,389 (2023: £Nil) due to the director of the company. The amount is interest-free and repayable on demand.