The Mericourt Nursery Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14570039

The Mericourt Nursery Limited

Filleted Unaudited Financial Statements

For the year ended

31 March 2025

The Mericourt Nursery Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	6		26,403		19,536

Current assets

Stocks	7	7,680	–
Debtors	8	26,826	6,933
Cash at bank and in hand		207,098	7,287
		---------	--------
		241,604	14,220

Creditors: amounts falling due within one year	9	51,080		39,858
		---------		--------
Net current assets/(liabilities)			190,524		( 25,638)
			---------		--------
Total assets less current liabilities			216,927		( 6,102)

Creditors: amounts falling due after more than one year	10		100,000		–

Provisions	11	6,601	–
		---------	-------
Net assets/(liabilities)		110,326	( 6,102)
		---------	-------

The Mericourt Nursery Limited

Statement of Financial Position (continued)

31 March 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	110,226	( 6,202)
	---------	-------
Shareholders funds/(deficit)	110,326	( 6,102)
	---------	-------

These 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 statement of comprehensive income has not been delivered.

For the year ending 31 March 2025 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 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 financial statements .

These financial statements were approved by the board of directors and authorised for issue on 23 September 2025 , and are signed on behalf of the board by:

B Rani
Director

Company registration number: 14570039

The Mericourt Nursery Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Mericourt, Sandyforth Lane, Lightfoot Green, Preston, Lancashire, PR4 0AL, United Kingdom.

2. Statement of compliance

These 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 financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover represents the amounts derived from the provision of services to customers during the year.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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 is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment 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% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 20 (2024: 8 ).

5. Tax on profit/(loss)

Major components of tax expense

		Period from
	Year to	4 Jan 23 to
	31 Mar 25	31 Mar 24
	£	£

Current tax:

UK current tax expense	44,878	–

Deferred tax:

Origination and reversal of timing differences	6,601	–
	--------	----
Tax on profit/(loss)	51,479	–
	--------	----

6. Tangible assets

	Equipment
	£
Cost
At 1 April 2024	21,664
Additions	13,452
	--------
At 31 March 2025	35,116
	--------
Depreciation
At 1 April 2024	2,128
Charge for the year	6,585
	--------
At 31 March 2025	8,713
	--------
Carrying amount
At 31 March 2025	26,403
	--------
At 31 March 2024	19,536
	--------

7. Stocks

	2025	2024
	£	£
Work in progress	7,680	–
	-------	----

8. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings	25,899	–
Prepayments and accrued income	–	6,933
Other debtors	927	–
	--------	-------
	26,826	6,933
	--------	-------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	6,655
Amounts owed to group undertakings	–	22,497
Accruals and deferred income	3,750	2,871
Corporation tax	44,879	–
Social security and other taxes	–	3,309
Director loan accounts	1,443	3,811
Other creditors	1,008	715
	--------	--------
	51,080	39,858
	--------	--------

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Accruals and deferred income	100,000	–
	---------	----

11. Provisions

	Deferred tax (note 12)
	£
At 1 April 2024	–
Additions	6,601
	-------
At 31 March 2025	6,601
	-------

12. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 11)	6,601	–
	-------	----

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	6,601	–
	-------	----

13. Director's advances, credits and guarantees

As at 31 March 2025, the company owed the director ( B Rani ) £1,443 (2024: £3,811) in respect of the balance on her director's loan account. This loan is interest free and is repayable to the director on demand.

14. Controlling party

The company is a subsidiary of KBA Holdings Limited whose registered office address is 13 Sandybrook Close, Fulwood, Preston, Lancashire PR2 5QX. KBA Holdings Limited is controlled by Mr Arun Kumar and Mrs Barkha Rani.