Company Registration No. 08576589 (England and Wales)
EAST SUSSEX FOREST SCHOOL NURSERY LTD
Unaudited accounts
for the year ended 31 December 2024
EAST SUSSEX FOREST SCHOOL NURSERY LTD
Unaudited accounts
Contents
EAST SUSSEX FOREST SCHOOL NURSERY LTD
Company Information
for the year ended 31 December 2024
Company Number
08576589 (England and Wales)
Registered Office
GRAYS NURSERY ANNEXE
RAILWAY ROAD
NEWHAVEN
BN9 0AS
Accountants
Maxwell-Gumbleton & Co.
1 West Street
Lewes
East Sussex
BN7 2NZ
EAST SUSSEX FOREST SCHOOL NURSERY LTD
Statement of financial position
as at 31 December 2024
Tangible assets
49,552
37,477
Cash at bank and in hand
259,197
64,725
Creditors: amounts falling due within one year
(163,021)
(84,270)
Net current assets
179,024
60,168
Total assets less current liabilities
228,576
97,645
Creditors: amounts falling due after more than one year
(136,026)
(14,769)
Provisions for liabilities
Deferred tax
(1,911)
(1,316)
Called up share capital
100
100
Profit and loss account
90,539
81,460
Shareholders' funds
90,639
81,560
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 September 2025 and were signed on its behalf by
Mrs K L Peach
Director
Company Registration No. 08576589
EAST SUSSEX FOREST SCHOOL NURSERY LTD
Notes to the Accounts
for the year ended 31 December 2024
EAST SUSSEX FOREST SCHOOL NURSERY LTD is a private company, limited by shares, registered in England and Wales, registration number 08576589. The registered office is GRAYS NURSERY ANNEXE, RAILWAY ROAD, NEWHAVEN, BN9 0AS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes and is derived from the provision of nursery day care services. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5% straight line
Plant & machinery
20% straight line
Fixtures & fittings
25% reducing balance
Computer equipment
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
EAST SUSSEX FOREST SCHOOL NURSERY LTD
Notes to the Accounts
for the year ended 31 December 2024
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Intangible fixed assets
Goodwill
At 31 December 2024
10,000
At 31 December 2024
10,000
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
35,320
3,611
46,407
1,323
86,661
Additions
13,811
-
2,720
-
16,531
At 31 December 2024
49,131
3,611
49,127
1,323
103,192
At 1 January 2024
4,769
3,523
39,569
1,323
49,184
Charge for the year
2,456
88
1,912
-
4,456
At 31 December 2024
7,225
3,611
41,481
1,323
53,640
At 31 December 2024
41,906
-
7,646
-
49,552
At 31 December 2023
30,551
88
6,838
-
37,477
Amounts falling due after more than one year
Accrued income and prepayments
12,350
878
Other debtors
70,498
78,835
EAST SUSSEX FOREST SCHOOL NURSERY LTD
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
80,153
10,141
Trade creditors
6,581
14,732
Taxes and social security
40,393
16,673
Other creditors
30,667
31,933
Deferred income
2,365
7,929
8
Creditors: amounts falling due after more than one year
2024
2023
9
Deferred taxation
2024
2023
Accelerated capital allowances
1,911
1,316
Provision at start of year
1,316
689
Charged to the profit and loss account
595
627
Provision at end of year
1,911
1,316
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
11
Operating lease commitments
2024
2023
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
25,000
25,000
Later than one year and not later than five years
100,000
100,000
Later than five years
89,583
114,583
EAST SUSSEX FOREST SCHOOL NURSERY LTD
Notes to the Accounts
for the year ended 31 December 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan charged at the beneficial interest rate 2.25%/3.75%
17,596
792
1,781
16,607
13
Average number of employees
During the year the average number of employees was 26 (2023: 23).