Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Funky Owls Nursery Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Z L CzochralskaSzczygiel

Mrs E Blakemore

REGISTERED OFFICE:

111-115 Colliers Wood High Street

London

London

SW19 2HR

REGISTERED NUMBER:

08352282

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

4

64,211

74,753

CURRENT ASSETS

Debtors

5

81,431

107,360

Cash at bank

234,018

111,696

315,449

219,056

CREDITORS

Amounts falling due within one year

6

358,305

270,256

NET CURRENT LIABILITIES

(42,856

)

(51,200

)

TOTAL ASSETS LESS CURRENT LIABILITIES

21,355

23,553

CREDITORS

Amounts falling due after more than one year

7

6,154

16,508

NET ASSETS

15,201

7,045

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

15,101

6,945

SHAREHOLDERS' FUNDS

15,201

7,045

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by:

Mrs Z L CzochralskaSzczygiel - Director

Mrs E Blakemore - Director

1.	STATUTORY INFORMATION

Funky Owls Nursery Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 24 (2024 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 February 2024

and 31 January 2025

132,242

10,576

142,818

DEPRECIATION

At 1 February 2024

60,742

7,323

68,065

Charge for year

9,891

651

10,542

At 31 January 2025

70,633

7,974

78,607

NET BOOK VALUE

At 31 January 2025

61,609

2,602

64,211

At 31 January 2024

71,500

3,253

74,753

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

30,041

40,101

Directors' current accounts

-

47,759

Prepayments and accrued income

786

-

30,827

87,860

Amounts falling due after more than one year:

Other debtors

50,604

19,500

Aggregate amounts

81,431

107,360

The directors loan was repaid in July 2024.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 8)

10,470

10,105

Trade creditors

1

-

Tax

72,111

16,450

Social security and other taxes

6,420

13,020

Other creditors

175,070

137,322

Accrued expenses

4,500

2,000

Deferred income

89,733

84,359

Deferred Income - Grant

-

7,000

358,305

270,256

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

6,154

16,508

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

110

-

Bank loans

10,360

10,105

10,470

10,105

Amounts falling due between one and two years:

Bank loans - 1-2 years

6,154

10,354

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

6,154

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	ULTIMATE CONTROLLING PARTY

The company is under the control of the Board of Directors.