REGISTERED NUMBER: 05528792 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

CYGNETS NURSERY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

Mrs R Gelver

Secretary:

J Gelver

Registered office:

3rd Floor

86-90 Paul Street

London

EC2A 4NE

Registered number:

05528792 (England and Wales)

Accountants:

Farnborough

Fixed assets

Tangible assets

4

5,511

7,348

Current assets

Cash at bank and in hand

47,434

49,115

Creditors

Amounts falling due within one year

5

10,245

6,851

Net current assets

37,189

42,264

Total assets less current liabilities

42,700

49,612

Capital and reserves

Called up share capital

6

100

100

Retained earnings

7

42,600

49,512

Shareholders' funds

42,700

49,612

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 September 2025 and were signed by:

Mrs R Gelver - Director

1.	Statutory information

Cygnets 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.	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.

Key source of estimation, uncertainty and judgement

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover represents the consideration receivable for services rendered.

Tangible fixed assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairments losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Equipment 25% per annum on reducing balances

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current tax.

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.

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 5 (2023 - 5 ) .

4.	Tangible fixed assets

Equipment

£

Cost

At 1 January 2024

and 31 December 2024

37,094

Depreciation

At 1 January 2024

29,746

Charge for year

1,837

At 31 December 2024

31,583

Net book value

At 31 December 2024

5,511

At 31 December 2023

7,348

5.

Creditors: amounts falling due within one year

2024

2023

£

£

Corporation tax

3,496

2,676

Social security and other taxes

-

736

Other creditors

746

634

Directors' current accounts

3,903

706

Accruals and deferred income

2,100

2,099

10,245

6,851

6.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

1

100

100

7.

Reserves

Retained

earnings

£

At 1 January 2024

49,512

Profit for the year

13,088

Dividends

(20,000

)

At 31 December 2024

42,600