REGISTERED NUMBER: 07450220 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

SHAPES DAY NURSERIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss S M Richards

Mr P Weldin

REGISTERED OFFICE:

7 St John's Road

Harrow

Middlesex

HA1 2EY

REGISTERED NUMBER:

07450220 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

BANKERS:

Handelsbanken

FIXED ASSETS

Tangible assets

4

2,519,180

2,333,533

CURRENT ASSETS

Debtors

5

2,857,714

3,038,740

Cash at bank and in hand

549,025

592,497

3,406,739

3,631,237

CREDITORS

Amounts falling due within one year

6

391,180

489,901

NET CURRENT ASSETS

3,015,559

3,141,336

TOTAL ASSETS LESS CURRENT LIABILITIES

5,534,739

5,474,869

CREDITORS

Amounts falling due after more than one year

7

-

(627,959

)

PROVISIONS FOR LIABILITIES

(61,989

)

(54,078

)

NET ASSETS

5,472,750

4,792,832

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

5,472,650

4,792,732

SHAREHOLDERS' FUNDS

5,472,750

4,792,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mr P Weldin - Director

1.	STATUTORY INFORMATION

Shapes Day Nurseries 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.

Turnover

Turnover represents the invoiced value of child day-care services provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

2% Straight line

Leasehold improvements

-

12% straight line

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

25% reducing balance

Motor vehicles

-

25% on cost

Financial instruments

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

Loans and borrowings

Loans and borrowings are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 110 (2023 - 98 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Leasehold

Plant and

property

improvements

machinery

£

£

£

COST

At 1 December 2023

2,022,350

946,247

449,076

Additions

-

376,274

845

At 30 November 2024

2,022,350

1,322,521

449,921

DEPRECIATION

At 1 December 2023

323,576

596,894

272,823

Charge for year

40,447

113,697

17,656

At 30 November 2024

364,023

710,591

290,479

NET BOOK VALUE

At 30 November 2024

1,658,327

611,930

159,442

At 30 November 2023

1,698,774

349,353

176,253

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 December 2023

249,792

59,607

3,727,072

Additions

7,267

-

384,386

At 30 November 2024

257,059

59,607

4,111,458

DEPRECIATION

At 1 December 2023

189,606

10,640

1,393,539

Charge for year

14,437

12,502

198,739

At 30 November 2024

204,043

23,142

1,592,278

NET BOOK VALUE

At 30 November 2024

53,016

36,465

2,519,180

At 30 November 2023

60,186

48,967

2,333,533

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

47,770

42,644

Amounts owed by related company

2,755,098

2,526,676

Other debtors

54,846

469,420

2,857,714

3,038,740

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

71,065

45,655

Taxation and social security

197,709

334,666

Other creditors

122,406

109,580

391,180

489,901

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

-

627,959

8.	RELATED PARTY DISCLOSURES

Included within creditors as at year end is £53,925 (2023: £11,623 owed by), an amount owed to the directors of the company. There are no specific terms for the repayment of this loan.

Included within debtors as at year end is £2,752,251 (2023: £2,526,676), an amount owed by Richwel Ltd, a company where Miss S M Richards and Mr P Weldin are also the directors. Interest at the rate of 4.5% p.a is charged on the loan.