Company No: 08674676 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	110,356		146,123
		110,356		146,123
Current assets
Stocks		150		150
Debtors	4	107,151		112,089
Cash at bank and in hand		266,849		259,113
		374,150		371,352
Creditors: amounts falling due within one year	5	( 69,427)		( 69,690)
Net current assets		304,723		301,662
Total assets less current liabilities		415,079		447,785
Provision for liabilities		( 27,223)		( 21,650)
Net assets		387,856		426,135
Capital and reserves
Called-up share capital		100		100
Profit and loss account		387,756		426,035
Total shareholders' funds		387,856		426,135

For the financial year ending 31 March 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Logan Road Day Nursery Limited (registered number: 08674676) were approved and authorised for issue by the Board of Directors on 24 November 2025. They were signed on its behalf by:

Lesley Diane Spence Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Logan Road Day Nursery Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 5th Floor 25 King Street, Bristol, BS1 4PB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. Turnover consists of income earned from the provision of services together with additional funding as supplied by supporting authorities.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	10 years straight line
Plant and machinery	4 years straight line
Vehicles	20 % reducing balance
Fixtures and fittings	20 % reducing balance
Office equipment	33 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at cost. Cost includes consumables purchased to enable the provision of childcare to customers. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	44		44

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£		£
Cost
At 01 April 2024	191,240		43,936		59,417		24,407		17,794		336,794
Additions	0		0		0		3,051		1,236		4,287
Disposals	0		0		0		( 7,817)		( 3,703)		( 11,520)
At 31 March 2025	191,240		43,936		59,417		19,641		15,327		329,561
Accumulated depreciation
At 01 April 2024	112,397		40,398		3,930		18,190		15,756		190,671
Charge for the financial year	21,171		2,593		11,097		2,835		1,481		39,177
Disposals	0		0		0		( 6,940)		( 3,703)		( 10,643)
At 31 March 2025	133,568		42,991		15,027		14,085		13,534		219,205
Net book value
At 31 March 2025	57,672		945		44,390		5,556		1,793		110,356
At 31 March 2024	78,843		3,538		55,487		6,217		2,038		146,123

4. Debtors

	2025		2024
	£		£
Trade debtors	1,683		894
Corporation tax	0		3,343
Other debtors	105,468		107,852
	107,151		112,089

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	3,388		2,857
Taxation and social security	21,521		10,383
Other creditors	44,518		56,450
	69,427		69,690

6. Related party transactions

Transactions with the entity's directors

Advances

The Directors loan account is repayable on demand and interest is charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

At 1 April 2024, the balance owed by the directors was £75,909. During the year, £66,018 was advanced to the directors, and £70,312 was repaid by the directors. At 31 March 2025, the balance owed by the directors was £71,615.

At 1 April 2023, the balance owed by the directors was £78,237. During the year, £61,984 was advanced to the directors, and £64,312 was repaid by the directors. At 31 March 2024, the balance owed by the directors was £75,909.