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REGISTERED NUMBER: 11676162 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

WISE OWL NURSERY & PRE-SCHOOL LIMITED

WISE OWL NURSERY & PRE-SCHOOL LIMITED (REGISTERED NUMBER: 11676162)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WISE OWL NURSERY & PRE-SCHOOL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: G I Woodward
Mrs S Brooks





REGISTERED OFFICE: 22 Midland Road
Royston
Barnsley
South Yorkshire
S71 4QP





REGISTERED NUMBER: 11676162 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

WISE OWL NURSERY & PRE-SCHOOL LIMITED (REGISTERED NUMBER: 11676162)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 14,823 17,941
Tangible assets 5 10,693 9,876
25,516 27,817

CURRENT ASSETS
Debtors 6 16,865 41,377
Cash at bank 20,167 16
37,032 41,393
CREDITORS
Amounts falling due within one year 7 46,913 44,328
NET CURRENT LIABILITIES (9,881 ) (2,935 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,635

24,882

CREDITORS
Amounts falling due after more than one
year

8

(12,381

)

(22,998

)

PROVISIONS FOR LIABILITIES 10 (1,472 ) (1,121 )
NET ASSETS 1,782 763

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 1,682 663
SHAREHOLDERS' FUNDS 1,782 763

WISE OWL NURSERY & PRE-SCHOOL LIMITED (REGISTERED NUMBER: 11676162)

BALANCE SHEET - continued
30 NOVEMBER 2024


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

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

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 Profit & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:




G I Woodward - Director



Mrs S Brooks - Director


WISE OWL NURSERY & PRE-SCHOOL LIMITED (REGISTERED NUMBER: 11676162)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Wise Owl Nursery & Pre-School 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

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.
Fixtures and fittings - 10% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account and Retained Earnings, 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
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

WISE OWL NURSERY & PRE-SCHOOL LIMITED (REGISTERED NUMBER: 11676162)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 31,176
AMORTISATION
At 1 December 2023 13,235
Amortisation for year 3,118
At 30 November 2024 16,353
NET BOOK VALUE
At 30 November 2024 14,823
At 30 November 2023 17,941

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2023 14,863 5,294 20,157
Additions 2,079 - 2,079
At 30 November 2024 16,942 5,294 22,236
DEPRECIATION
At 1 December 2023 5,139 5,142 10,281
Charge for year 1,110 152 1,262
At 30 November 2024 6,249 5,294 11,543
NET BOOK VALUE
At 30 November 2024 10,693 - 10,693
At 30 November 2023 9,724 152 9,876

WISE OWL NURSERY & PRE-SCHOOL LIMITED (REGISTERED NUMBER: 11676162)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts 11,910 36,422
Tax 4,955 4,955
16,865 41,377

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 10,617 20,121
Trade creditors - 377
Tax 11,106 7,776
Social security and other taxes 20,432 10,221
Other creditors 783 775
Accrued expenses 3,975 5,058
46,913 44,328

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 9) 12,381 22,998

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 10,229
Bank loans 10,617 9,892
10,617 20,121

Amounts falling due between one and two years:
Bank loans - 1-2 years 11,395 10,617

Amounts falling due between two and five years:
Bank loans - 2-5 years 986 12,381

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,472 1,121

WISE OWL NURSERY & PRE-SCHOOL LIMITED (REGISTERED NUMBER: 11676162)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2023 1,121
Provided during year 351
Balance at 30 November 2024 1,472

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
G I Woodward
Balance outstanding at start of year 36,422 34,681
Amounts advanced - 1,741
Amounts repaid (24,513 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 11,909 36,422

13. ULTIMATE CONTROLLING PARTY

The controlling party is G I Woodward.