REGISTERED NUMBER: SC298646 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 August 2025

for

Papillon Private Nursery Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D S Joyce

K P Mckay

R A J Waddell

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

REGISTERED NUMBER:

SC298646 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

14,327

19,465

CURRENT ASSETS

Debtors

5

317,470

153,315

Cash at bank and in hand

385

123,765

317,855

277,080

CREDITORS

Amounts falling due within one year

6

275,380

246,375

NET CURRENT ASSETS

42,475

30,705

TOTAL ASSETS LESS CURRENT LIABILITIES

56,802

50,170

CREDITORS

Amounts falling due after more than one year

7

(12,500

)

(42,500

)

PROVISIONS FOR LIABILITIES

8

(3,582

)

(3,698

)

NET ASSETS

40,720

3,972

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

40,620

3,872

SHAREHOLDERS' FUNDS

40,720

3,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 30 May 2026 and were signed on its behalf by:

R A J Waddell - Director

1.	STATUTORY INFORMATION

Papillon Private Nursery Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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 the cost less estimated residual value of each asset over its estimated useful life.

Improvements to property

-

in accordance with the property

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

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 50 (2024 - 53 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 September 2024

226,060

84,892

8,535

319,487

Disposals

(226,060

)

-

-

(226,060

)

At 31 August 2025

-

84,892

8,535

93,427

DEPRECIATION

At 1 September 2024

226,060

68,825

5,137

300,022

Charge for year

-

4,017

1,121

5,138

Eliminated on disposal

(226,060

)

-

-

(226,060

)

At 31 August 2025

-

72,842

6,258

79,100

NET BOOK VALUE

At 31 August 2025

-

12,050

2,277

14,327

At 31 August 2024

-

16,067

3,398

19,465

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

5,526

19,239

Amounts owed by associates

184,028

118,578

Other debtors

127,916

15,498

317,470

153,315

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

38,816

30,000

Trade creditors

1,386

9,211

Taxation and social security

26,846

12,917

Other creditors

208,332

194,247

275,380

246,375

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

12,500

42,500

8.	PROVISIONS FOR LIABILITIES

31.8.25

31.8.24

£

£

Deferred tax

3,582

3,698

Deferred

tax

£

Balance at 1 September 2024

3,698

Provided during year

(116

)

Balance at 31 August 2025

3,582

9.	RELATED PARTY DISCLOSURES

As at 31/08/2025, Papillon Private Nursery Ltd was owed £183,578 by Cotton Nursery Papillon Ltd. Papillon Private Nursery Ltd is a subsidiary company of Cotton Nursery Papillon Ltd. This loan is provided interest free and has no fixed repayment terms.