Springfield Nursery (Aughton) Limited 31/08/2025 iXBRL

Company registration number: 04497123

Springfield Nursery (Aughton) Limited

Unaudited filleted financial statements

31 August 2025

Springfield Nursery (Aughton) Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Springfield Nursery (Aughton) Limited

Directors and other information


	Directors	Dr Christopher John Billington
		Mrs Tracey Billington


	Company number	04497123


	Registered office	Crossens Way Business Park
		Crossens Way
		Southport
		PR9 9LY


	Business address	59 Springfield Road
		Aughton
		Ormskirk
		Lancashire
		L39 6ST


	Accountants	Forshaws Accountants Limited
		Crossens Way Business Park
		Crossens Way
		Southport
		PR9 9LY

Springfield Nursery (Aughton) Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Springfield Nursery (Aughton) Limited

Year ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Springfield Nursery (Aughton) Limited for the year ended 31 August 2025 as set out on pages 3 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Springfield Nursery (Aughton) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Springfield Nursery (Aughton) Limited and state those matters that we have agreed to state to the board of directors of Springfield Nursery (Aughton) Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Springfield Nursery (Aughton) Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Springfield Nursery (Aughton) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Springfield Nursery (Aughton) Limited. You consider that Springfield Nursery (Aughton) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Springfield Nursery (Aughton) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Forshaws Accountants Limited

Chartered Accountants

Crossens Way Business Park

Crossens Way

Southport

PR9 9LY

24 November 2025

Springfield Nursery (Aughton) Limited

Statement of financial position

31 August 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	330,114		357,215
		_______		_______
			330,114		357,215

Current assets
Debtors	6	47,469		38,518
Cash at bank and in hand		206,699		122,872
		_______		_______
		254,168		161,390
Creditors: amounts falling due
within one year	7	( 195,102)		( 188,441)
		_______		_______
Net current assets/(liabilities)			59,066		( 27,051)
			_______		_______
Total assets less current liabilities			389,180		330,164

Creditors: amounts falling due
after more than one year	8		( 116,766)		( 148,779)

Provisions for liabilities			( 13,107)		( 13,540)

			_______		_______
Net assets			259,307		167,845
			_______		_______

Capital and reserves
Called up share capital	10		100		100
Profit and loss account			259,207		167,745
			_______		_______
Shareholders funds			259,307		167,845
			_______		_______

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 24 November 2025 , and are signed on behalf of the board by:

Dr Christopher John Billington

Director

Company registration number: 04497123

Springfield Nursery (Aughton) Limited

Notes to the financial statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, incorporated in England and Wales. The address of the registered office is Crossens Way Business Park, Crossens Way, Southport, PR9 9LY. The principal activity of the company is that of providing child day care facilities.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis .

Going concern

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Long leasehold property	-	3.33 %	straight line
Plant and machinery	-	20 %	straight line
Fittings fixtures and equipment	-	20/25% straight line/reducing balance
Motor vehicles	-	20 %	straight line
Computer equipment	-	20 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 47 (2024: 48 ).

5. Tangible assets

	Long leasehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Computer equipment	Total
	£	£	£	£	£	£
Cost
At 1 September 2024	322,152	24,770	59,570	63,109	15,659	485,260
Additions	-	-	2,132	-	3,592	5,724
	_______	_______	_______	_______	_______	_______
At 31 August 2025	322,152	24,770	61,702	63,109	19,251	490,984
	_______	_______	_______	_______	_______	_______
Depreciation
At 1 September 2024	40,580	17,964	38,833	22,901	7,767	128,045
Charge for the year	10,728	1,803	5,718	11,018	3,558	32,825
	_______	_______	_______	_______	_______	_______
At 31 August 2025	51,308	19,767	44,551	33,919	11,325	160,870
	_______	_______	_______	_______	_______	_______
Carrying amount
At 31 August 2025	270,844	5,003	17,151	29,190	7,926	330,114
	_______	_______	_______	_______	_______	_______
At 31 August 2024	281,572	6,806	20,737	40,208	7,892	357,215
	_______	_______	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	7,216	4,721
Other debtors	40,253	33,797
	_______	_______
	47,469	38,518
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	20,626	23,407
Trade creditors	41,239	30,963
Corporation tax	104,121	84,654
Social security and other taxes	20,001	26,665
Other creditors	9,115	22,752
	_______	_______
	195,102	188,441
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	116,766	148,779
	_______	_______

9. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note )	13,107	13,540
	_______	_______

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	13,107	13,540
	_______	_______

10. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	96	96	96	96
Ordinary A shares of £ 1.00 each	1	1	1	1
Ordinary B shares of £ 1.00 each	1	1	1	1
Ordinary C shares of £ 1.00 each	1	1	1	1
Ordinary D shares of £ 1.00 each	1	1	1	1
	_______	_______	_______	_______
	100	100	100	100
	_______	_______	_______	_______

11. Controlling party

The controlling interest is held by Learning Steps Education Limited , a company under the joint control of Dr CJ Billington and Mrs T Billington, by virtue of their 100% holding of the issued share capital.