REGISTERED NUMBER: 04702998 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Gwendolen House Nursery School Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs D Smith

REGISTERED OFFICE:

39 Gwendolen Avenue

Putney

London

SW15 6EP

REGISTERED NUMBER:

04702998 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

118,845

99,269

CURRENT ASSETS

Debtors

5

1,229,934

2,005,461

Cash at bank

595,805

105,002

1,825,739

2,110,463

CREDITORS

Amounts falling due within one year

6

633,413

970,788

NET CURRENT ASSETS

1,192,326

1,139,675

TOTAL ASSETS LESS CURRENT LIABILITIES

1,311,171

1,238,944

CREDITORS

Amounts falling due after more than one year

7

(1,769

)

(12,231

)

PROVISIONS FOR LIABILITIES

8

(2,106

)

(3,952

)

NET ASSETS

1,307,296

1,222,761

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

1,307,295

1,222,760

SHAREHOLDERS' FUNDS

1,307,296

1,222,761

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 23 December 2025 and were signed by:

Mrs D Smith - Director

1.	STATUTORY INFORMATION

Gwendolen House Nursery School Limited 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

-

5% on cost

Plant and machinery

-

25% reducing balance basis

Motor vehicles

-

20% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 44 (2024 - 42 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

337,020

204,341

27,995

569,356

Additions

30,043

16,583

-

46,626

At 31 March 2025

367,063

220,924

27,995

615,982

DEPRECIATION

At 1 April 2024

255,950

186,142

27,995

470,087

Charge for year

18,354

8,696

-

27,050

At 31 March 2025

274,304

194,838

27,995

497,137

NET BOOK VALUE

At 31 March 2025

92,759

26,086

-

118,845

At 31 March 2024

81,070

18,199

-

99,269

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

70,942

114,109

Other debtors

926,535

1,659,744

Corporation tax

223,389

223,389

Prepayments and accrued income

9,068

8,219

1,229,934

2,005,461

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

BBLS (Bounce Back Loan Scheme)

10,462

10,204

Payments on account

408,790

534,912

Trade creditors

12,831

6,726

Corporation tax

42,871

254,473

Social security and other taxes

27,455

25,236

Other creditors

109,742

125,415

Directors' current accounts

375

4,316

Accruals and deferred income

20,887

9,506

633,413

970,788

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

BBLS (Bounce Back Loan Scheme)

1,769

12,231

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

2,106

3,952

Deferred

tax

£

Balance at 1 April 2024

3,952

Accelerated capital allowances

(1,846

)

Balance at 31 March 2025

2,106

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

10.	RELATED PARTY DISCLOSURES

Mrs D Smith

Director and shareholder

At the year end, the company owed Mrs Smith £375 (2024: £4,316). The advance was interest free during the year.

Mr R Smith

Related party to the director and shareholder

At the year end Mr R Smith owed the company £25,487 (2024: £528,500). Interest has been charged at a rate of 2.25%.

Mr M Burgess

Related party to the director and shareholder

At the year end Mr M Burgess owed the company £Nil (2024: £180,000). Interest has been charged at a rate of 2.25%.

Amounts owed to/by companies under common control:

Gwendolen House Nannies Limited

As at the balance sheet date the company owed £13,290 (2024: £3,755) to the related party. £9,534 of this was held as a trade creditor.

Souzu Ltd

As at the balance sheet date the company was owed £727,825 (2024 - £725,244) by the related party.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs D Smith.