REGISTERED NUMBER: 07586870 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

PARKSIDE VIEW NURSERY LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs A Rehman

REGISTERED OFFICE:

Global House

303 Ballards Lane

London

N12 8NP

REGISTERED NUMBER:

07586870 (England and Wales)

ACCOUNTANTS:

K J Pittalis and Partners LLP

Chartered Certified Accountants

Global House

303 Ballards Lane

London

N12 8NP

FIXED ASSETS

Tangible assets

4

68,330

76,138

CURRENT ASSETS

Debtors

5

30,840

40,890

Cash at bank and in hand

51,918

55,492

82,758

96,382

CREDITORS

Amounts falling due within one year

6

(80,916

)

(120,938

)

NET CURRENT ASSETS/(LIABILITIES)

1,842

(24,556

)

TOTAL ASSETS LESS CURRENT LIABILITIES

70,172

51,582

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

70,171

51,581

SHAREHOLDERS' FUNDS

70,172

51,582

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 3 December 2025 and were signed by:

Mrs A Rehman - Director

1.	STATUTORY INFORMATION

Parkside View Nursery Ltd 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 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.

Improvements to property

-

Straight line over 50 years

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of the financial position date.

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.

Hire purchase and leasing commitments

Assets acquired under hire purchase or similar agreements are recognised as fixed assets at the point the company obtains control of the asset. The assets are recorded at the present value of the minimum lease payments at the inception of the agreement, or the fair value of the asset if lower. Depreciation is provided on the same basis as for owned assets, over the shorter of the asset’s useful economic life and the hire purchase term.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

50,000

7,902

51,100

6,055

115,057

DEPRECIATION

At 1 April 2024

1,000

5,549

29,542

2,828

38,919

Charge for year

1,000

353

5,390

1,065

7,808

At 31 March 2025

2,000

5,902

34,932

3,893

46,727

NET BOOK VALUE

At 31 March 2025

48,000

2,000

16,168

2,162

68,330

At 31 March 2024

49,000

2,353

21,558

3,227

76,138

Fixed assets includes assets on HP with net book value of £16,168.50 (2024- £21,558).

Assets on HP are secured on the assets financed.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

26,236

40,890

Other debtors

4,604

-

30,840

40,890

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

57,460

91,405

Taxation and social security

21,956

22,401

Other creditors

1,500

7,132

80,916

120,938

Included in the above loans is a Bounce Back Loan guaranteed by the UK Government under BBLS (the BBLS Guarantee). There are no capital or interest repayments for the first 13 month after the date of draw down after which the total amount payable must be repaid by way of 60 consecutive monthly payments (consisting of capital and interest). Interest is charged at a rate of 2.5% on the outstanding principle amount.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

1

Ordinary

1

1

1

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25

31/3/24

£

£

Mrs A Rehman

Balance outstanding at start of year

(5,572

)

(17,637

)

Amounts advanced

21,000

12,065

Amounts repaid

(10,824

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,604

(5,572

)

The above loan was repaid within 9 months of the balance sheet date.