Snuggles Day Nursery Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: NI635407 (Northern Ireland)

SNUGGLES DAY NURSERY LTD

Unaudited Financial Statements for the Year Ended 31 January 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Laura Sykes

REGISTERED OFFICE:

1a Church Avenue

Bangor

Co. Down

BT20 3EQ

REGISTERED NUMBER:

NI635407 (Northern Ireland)

ACCOUNTANTS:

Cooper Parry Advisory Limited

36-38 Northland Row

Dungannon

Co. Tyrone

BT71 6AP

NON-CURRENT ASSETS

Intangible assets

5

-

Property, plant and equipment

6

24,807

17,324

24,807

17,324

CURRENT ASSETS

Receivables: amounts falling due within
one year

7

227,701

211,363

Cash at bank

12,649

5,806

240,350

217,169

PAYABLES

Amounts falling due within one year

8

(214,539

)

(241,060

)

NET CURRENT ASSETS/(LIABILITIES)

25,811

(23,891

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

50,618

(6,567

)

PAYABLES

Amounts falling due after more than
one year

9

(3,301

)

(13,460

)

PROVISIONS FOR LIABILITIES

(1,425

)

-

NET ASSETS/(LIABILITIES)

45,892

(20,027

)

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

45,792

(20,127

)

SHAREHOLDERS' FUNDS

45,892

(20,027

)

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2025 and were signed by:

Laura Sykes - Director

1.	STATUTORY INFORMATION

Snuggles Day Nursery Ltd is a private company, limited by shares , registered in Northern Ireland. 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

The accounting policies detailed below have been applied consistently throughout the year.

Revenue

Revenue comprises the invoice value of services supplied by the company, exclusive of trade discounts and value added tax. Revenue is recognised on the date the company provides its services.

Goodwill

Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Statement of Financial Position and amortised over 5 years.

Property, plant and equipment

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Freehold property

20% reducing balance

Fixtures and fittings

25% reducing balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Cash flow statement

The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 23 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

118,156

AMORTISATION

At 1 February 2024

and 31 January 2025

118,156

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

6.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Freehold

Long

and

Motor

property

leasehold

fittings

vehicles

Totals

£

COST

At 1 February 2024

25,051

1,875

42,008

-

68,934

Additions

-

12,975

At 31 January 2025

25,051

1,875

42,008

12,975

81,909

DEPRECIATION

At 1 February 2024

21,208

279

30,123

-

51,610

Charge for year

769

375

2,971

1,377

5,492

At 31 January 2025

21,977

654

33,094

1,377

57,102

NET BOOK VALUE

At 31 January 2025

3,074

1,221

8,914

11,598

24,807

At 31 January 2024

3,843

1,596

11,885

-

17,324

7.

RECEIVABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade receivables

227,701

211,363

8.

PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

10,646

Trade payables

18,512

34,054

Amounts owed to group undertakings

49,000

37,000

Tax

21,563

17,965

Social security and other taxes

3,555

2,545

Pension

2,618

1,120

Directors' current accounts

33,751

99,774

Accruals and deferred income

74,894

37,956

214,539

241,060

9.

PAYABLES: AMOUNTS FALLING DUE AFTER ONE YEAR

2025

2024

£

Bank loans - 1-2 years

3,301

13,460

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

1

100