COMPANY REGISTRATION NUMBER:
09813166
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Cherry Hill Childrens Nursery Limited |
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|
Filleted Unaudited Abridged Financial Statements |
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Cherry Hill Childrens Nursery Limited |
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Abridged Financial Statements |
|
Year Ended 31 December 2024
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Abridged statement of financial position |
1 |
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|
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Notes to the abridged financial statements |
3 |
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Cherry Hill Childrens Nursery Limited |
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Abridged Statement of Financial Position |
|
31 December 2024
Fixed Assets
|
Tangible assets |
5 |
350,792 |
350,792 |
|
Investments |
6 |
186,075 |
186,075 |
|
--------- |
--------- |
|
536,867 |
536,867 |
|
|
|
|
Current Assets
|
Debtors |
99,626 |
100,626 |
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Cash at bank and in hand |
14,310 |
16,387 |
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--------- |
--------- |
|
113,936 |
117,013 |
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|
|
|
Creditors: amounts falling due within one year |
354,924 |
326,371 |
|
--------- |
--------- |
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Net Current Liabilities |
240,988 |
209,358 |
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--------- |
--------- |
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Total Assets Less Current Liabilities |
295,879 |
327,509 |
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|
|
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Creditors: amounts falling due after more than one year |
218,548 |
243,295 |
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--------- |
--------- |
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Net Assets |
77,331 |
84,214 |
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--------- |
--------- |
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Capital and Reserves
|
Called up share capital |
111 |
111 |
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Profit and loss account |
77,220 |
84,103 |
|
-------- |
-------- |
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Shareholders Funds |
77,331 |
84,214 |
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-------- |
-------- |
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These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.
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Cherry Hill Childrens Nursery Limited |
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Abridged Statement of Financial Position (continued) |
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31 December 2024
These abridged financial statements were approved by the
board of directors
and authorised for issue on
16 September 2025
, and are signed on behalf of the board by:
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Mahendran Bakeirathan |
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Director |
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Company registration number:
09813166
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Cherry Hill Childrens Nursery Limited |
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Notes to the Abridged Financial Statements |
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Year Ended 31 December 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 53a Cedar Drive, Hatch End, Pinner, Middlesex, HA5 4BY.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated abridged financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Revenue recognition
Revenue from the provision of services is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered 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 where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date
.
Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2023:
1
).
5.
Tangible assets
|
£ |
|
Cost |
|
|
At 1 January 2024 and 31 December 2024 |
350,792 |
|
--------- |
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Depreciation |
|
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At 1 January 2024 and 31 December 2024 |
– |
|
--------- |
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Carrying amount |
|
|
At 31 December 2024 |
350,792 |
|
--------- |
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At 31 December 2023 |
350,792 |
|
--------- |
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|
6.
Investments
|
£ |
|
Cost |
|
|
At 1 January 2024 and 31 December 2024 |
186,075 |
|
--------- |
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Impairment |
|
|
At 1 January 2024 and 31 December 2024 |
– |
|
--------- |
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Carrying amount |
|
|
At 31 December 2024 |
186,075 |
|
--------- |
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At 31 December 2023 |
186,075 |
|
--------- |
|
|
7.
Subsidiaries
The company owns 100% of the issued share capital of the company Cherry Hill Childrens Day Nursery Ltd (registered office. 53 Cedar Drive, Hatch End, HA5 4BY). The company was incorporated in the UK.
The aggregate capital and reserves and profit for the last relevant financial year were as follows:
|
|
Aggregate capital and reserves |
Amounts due to Subsidiary |
|
Cherry Hill Childrens Day Nursery Ltd |
71,370 |
48,904 |
|
|
|
|
8.
Related party transactions
The company has taken advantage of exemption conferred by FRS 102 S33.1A, removing the requirement to disclose transactions between group members. During the year the company provided and received short term loans from related parties
. The balances outstanding with related parties at 31 December 2024 are as follows:
|
|
2024 |
2023 |
|
|
£ |
£ |
|
Amounts owed from entities under common control |
99,626 |
100,626 |
|
Amounts owed to entities under common control |
(
247,000) |
(
195,000) |
|
|
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Outstanding balances with entities are unsecured, interest free and repayable on demand.