Smithfield House Children's Nursery Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07315034

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		19,590		15,006

			19,590		15,006
CURRENT ASSETS
Debtors	5	54,571		28,875
Cash at bank and in hand		5,228		27,276

		59,799		56,151
Creditors: Amounts Falling Due Within One Year	6	(216,643 )		(228,047 )

NET CURRENT ASSETS (LIABILITIES)			(156,844 )		(171,896 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(137,254 )		(156,890 )

Creditors: Amounts Falling Due After More Than One Year	7		(25,239 )		(32,088 )

NET LIABILITIES			(162,493 )		(188,978 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(162,593 )		(189,078 )

SHAREHOLDERS' FUNDS			(162,493)		(188,978)

Page 1

Page 2

Smithfield House Children's Nursery Limited

Balance Sheet (continued)

As At 31 July 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Janet MacGregor

Director

27 April 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Smithfield House Children's Nursery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07315034 . The registered office is 417 Ringwood Road, Poole, Dorset, BH12 4LX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The Financial Statements are presented in £ sterling which is the functional currency of the company.

2.2. Going Concern Disclosure

The director has confirmed that the company is a going concern and has agreed to continue to support the company for the next 12 months following approval of the accounts.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

33% reducing balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Financial Instruments

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Page 3

Page 4

Smithfield House Children's Nursery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 21 (2024: 17)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 August 2024	33,467
Additions	8,868

As at 31 July 2025	42,335

Depreciation
As at 1 August 2024	18,461
Provided during the period	4,284

As at 31 July 2025	22,745

Net Book Value
As at 31 July 2025	19,590

As at 1 August 2024	15,006

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	1,705	-
Other debtors	52,619	28,875
Directors' loan accounts	247	-

	54,571	28,875

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,293	1,091
Bank loans and overdrafts	5,556	5,556
Corporation tax	9,239	-
Other taxes and social security	6,351	5,299
Other creditors	24,254	24,069
Accruals and deferred income	169,950	192,032

	216,643	228,047

Page 4

Page 5

Smithfield House Children's Nursery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,628	2,921
Bank loans	23,611	29,167

	25,239	32,088

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	1,293	1,091
Later than one year and not later than five years	1,628	2,921

	2,921	4,012

	2,921	4,012

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	250,000	112,000
Later than one year and not later than five years	60,000	98,000

	310,000	210,000

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 August 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 July 2025
	£	£	£	£	£
Mrs Janet MacGregor	3,794	14,604	-	-	18,398
Miss Gail Gilbert	-	8,978	-	-	8,978

The above loan is unsecured and interest has been charged at the official beneficial loan interest rate.

Page 5