REGISTERED NUMBER: 05189270 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WHANAU DAY NURSERY (HARPENDEN) LTD

PREVIOUSLY KNOWN AS

PLAYSCHOOL NURSERY LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D A Goes

Mr K R Shah

SECRETARY:

Mr K R Shah

REGISTERED OFFICE:

Playschool House

Alma Road

St Albans

Hertfordshire

AL1 3AR

REGISTERED NUMBER:

05189270 (England and Wales)

ACCOUNTANTS:

Raffingers Holdings Limited

Chartered Accountants

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

FIXED ASSETS

Intangible assets

4

31,200

49,920

Tangible assets

5

118,001

126,532

149,201

176,452

CURRENT ASSETS

Debtors

571,333

628,886

Cash at bank and in hand

125,138

130,889

696,471

759,775

CREDITORS

Amounts falling due within one year

754,019

821,740

NET CURRENT LIABILITIES

(57,548

)

(61,965

)

TOTAL ASSETS LESS CURRENT LIABILITIES

91,653

114,487

CREDITORS

Amounts falling due after more than one year

2,224

11,665

NET ASSETS

89,429

102,822

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

88,429

101,822

SHAREHOLDERS' FUNDS

89,429

102,822

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 December 2025 and were signed on its behalf by:

Mr K R Shah - Director

1.	STATUTORY INFORMATION

Whanau Day Nursery (Harpenden) 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 have been prepared on the going concern basis as the directors are of the opinion that the company will meet its liabilities as and when due, due to the continued support of the directors.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Improvements to property are not being amortised as the property is let to the business by the shareholders. There are no formal leasing arrangements and therefore, the duration of the lease is deemed indefinite and no amortisation rate could be established.

Government grants

Government grants, including non-monetary grants shall not be recognised until there is reasonable assurance that:

(a) the entity will comply with the conditions attaching to them; and

(b) the grants will be received.

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.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 57 (2024 - 75 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

78,000

AMORTISATION

At 1 April 2024

28,080

Amortisation for year

18,720

At 31 March 2025

46,800

NET BOOK VALUE

At 31 March 2025

31,200

At 31 March 2024

49,920

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

242,331

Additions

1,650

Disposals

(7,783

)

At 31 March 2025

236,198

DEPRECIATION

At 1 April 2024

115,799

Charge for year

8,796

Eliminated on disposal

(6,398

)

At 31 March 2025

118,197

NET BOOK VALUE

At 31 March 2025

118,001

At 31 March 2024

126,532

6.	RELATED PARTY DISCLOSURES

During the year, the company paid rent of £871,000 (2024: £636,250) to House of Detention Ltd, a company connected by common control. At the balance sheet date, the company was owed £545,104 (2024: £617,556) by House of Detention Ltd.

During the year, the company charged management fees of £451,736 (2024: £526,089) to Whanau Day Nursery (Welwyn GC) LLP formerly known as Playschool Nursery (Welwyn GC) LLP, a partnership in which the controlling shareholders of the company are designated members. At the balance sheet date, the company was also owed £17,245 (2024: owed £12,172) by/(to) Whanau Day Nursery (Welwyn GC) LLP.

At the balance sheet date, the company owed £284,612 (2024: £494,019) to the director, Mr D A Goes.