REGISTERED NUMBER: 13062635 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Nursery Elite Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr L Moore

Mr P Wilkinson

REGISTERED OFFICE:

Suite 4, Bloxam Court

Corporation Street

Rugby

Warwickshire

CV21 2DU

REGISTERED NUMBER:

13062635 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

FIXED ASSETS

Investments

4

2,652,527

1,558,152

CURRENT ASSETS

Debtors

5

244,932

393,180

Cash at bank

1,035

16

245,967

393,196

CREDITORS

Amounts falling due within one year

6

(1,864,823

)

(2,113,643

)

NET CURRENT LIABILITIES

(1,618,856

)

(1,720,447

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,033,671

(162,295

)

CREDITORS

Amounts falling due after more than one year

7

(694,315

)

-

NET ASSETS/(LIABILITIES)

339,356

(162,295

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

339,256

(162,395

)

339,356

(162,295

)

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

Mr L Moore - Director

1.	STATUTORY INFORMATION

Nursery Elite 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.

The accounts are prepared on a going concern basis. The directors consider that the company has sufficient financing available to it to meet its obligations as they fall due for the foreseeable future, that is for at least 12 months from the balance sheet date.

Preparation of consolidated financial statements

The financial statements contain information about Nursery Elite Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

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 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.

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 NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 April 2024

1,558,152

Additions

1,094,375

At 31 March 2025

2,652,527

NET BOOK VALUE

At 31 March 2025

2,652,527

At 31 March 2024

1,558,152

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

as restated

£

£

Amounts owed by group undertakings

244,832

393,080

Other debtors

100

100

244,932

393,180

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

as restated

£

£

Bank loans and overdrafts

16,184

-

Trade creditors

9,940

1,038

Amounts owed to group undertakings

513,290

492,492

Other creditors

1,325,409

1,620,113

1,864,823

2,113,643

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

as restated

£

£

Bank loans

694,315

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

592,893

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

as restated

£

£

Bank loans

710,499

-

The company has a loan from Unity Trust Bank plc which is secured by way of a fixed and floating charge over the assets of the company together with a charge over a property owned by a subsidiary of the company.

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed money by and owed money to companies under common control. The balances are unsecured, interest free and repayable on demand. At 31 March 2025 the balances owed by or to companies were as follows:

Name of entity

Amount owed to the company

Amount owed by the company

Medical Elite Recruitment & Practice Sales Ltd

-

1,071,664

Elite Shared Services Ltd

-

214,502

Coppice Childcare UK Ltd

-

43,893

Once Upon A Time Children's Day Nursery Ltd

-

164,776

Little Tots Day Nursery Ltd

244,832

-

Lilliput Childrens Day Nursery Limited

255,493

Sunflowers Nurseries Limited

-

43,411

KIG (Nottm) Limited

-

5,717

244,832

1,799,456

10.	ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no ultimate controlling party.