BEDALE DAY NURSERY LIMITED


Directors	BIRKBECK, Maxine Claire
	COCKS, George Edger William
	COCKS, Harriett Victoria Rose


Registered Address	York House Thornfield Business Park
	Standard Way Business Park
	Northallerton
	DL6 2XQ


Registered Number	09044389 (England and Wales)

Statement of Financial Position
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	4		2,574		7,590
			2,574		7,590
Current assets
Debtors	5	153,957		156,379
Cash at bank and on hand		2,300		29,072
		156,257		185,451
Creditors amounts falling due within one year	6	(131,342)		(158,573)
Net current assets (liabilities)			24,915		26,878
Total assets less current liabilities			27,489		34,468
Creditors amounts falling due after one year	7		(19,775)		(30,704)
Net assets			7,714		3,764
Capital and reserves
Called up share capital			200		200
Profit and loss account			7,514		3,564
Shareholders' funds			7,714		3,764

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 15 August 2025, and are signed on its behalf by:

BIRKBECK, Maxine Claire
Director
Registered Company No. 09044389

BEDALE DAY NURSERY LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	10
Plant and machinery	25	-
Vehicles	25	-

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	16		21

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 January 24	160,000	160,000
At 31 December 24	160,000	160,000
Amortisation and impairment
At 01 January 24	160,000	160,000
At 31 December 24	160,000	160,000
Net book value
At 31 December 24	-	-
At 31 December 23	-	-

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Total
	£	£	£	£
Cost or valuation
At 01 January 24	94,839	9,049	41,700	145,588
At 31 December 24	94,839	9,049	41,700	145,588
Depreciation and impairment
At 01 January 24	90,681	8,487	38,830	137,998
Charge for year	4,158	141	717	5,016
At 31 December 24	94,839	8,628	39,547	143,014
Net book value
At 31 December 24	-	421	2,153	2,574
At 31 December 23	4,158	562	2,870	7,590

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	1,769	1,807
Other debtors	150,395	152,029
Prepayments and accrued income	1,793	2,543
Total	153,957	156,379

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	4,355	6,361
Bank borrowings and overdrafts	13,442	10,187
Taxation and social security	105,161	116,243
Other creditors	2,001	20,000
Accrued liabilities and deferred income	6,383	5,782
Total	131,342	158,573

7.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	19,775	30,704
Total	19,775	30,704

8.	Directors advances, credits and guarantees
	During the year the directors had loan accounts with the company. At the balance sheet date the directors owed the company a total of £108,294 (2023 - £111,199), interest is paid at the HMRC official rate.

9.	Controlling party
	This company's parent undertaking and controlling party is Stubbing Nook Nurseries Limited, a company registered in England and Wales, company number 15973139.

10.	Description of reasons for any change in chosen formats of the financial statments
	The Company has transitioned from FRS 105 to FRS 102 Section 1a reporting requirements this year. The policies applied under the entity's previous accounting framework are not materially different to FRS 102 Section 1a and have not impacted on equity or profit or loss apart from the introduction of a deferred tax asset of £4,200 (£3,300 2023).