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Registered number: 08929708
Abracadabra Day Nursery Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
MMS Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 08929708
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 159,838 152,540
159,838 152,540
CURRENT ASSETS
Debtors 6 301,631 290,450
Cash at bank and in hand 168,467 147,123
470,098 437,573
Creditors: Amounts Falling Due Within One Year 7 (71,565 ) (109,409 )
NET CURRENT ASSETS (LIABILITIES) 398,533 328,164
TOTAL ASSETS LESS CURRENT LIABILITIES 558,371 480,704
Creditors: Amounts Falling Due After More Than One Year 8 (10,000 ) (3,334 )
NET ASSETS 548,371 477,370
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 548,369 477,368
SHAREHOLDERS' FUNDS 548,371 477,370
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For the year ending 31 March 2026 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
Mr David Browne
Director
10/06/2026
The notes on pages 3 to 7 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Abracadabra Day Nursery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08929708 . The registered office is 325a Goring Road, Goring-by-Sea, Worthing, West Sussex, BN12 4NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
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:
Freehold 2%
Plant & Machinery 25%
Motor Vehicles 25%
Fixtures & Fittings 25%
Computer Equipment 25%
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.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 28 (2025: 28)
28 28
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 58,500
As at 31 March 2026 58,500
Amortisation
As at 1 April 2025 58,500
As at 31 March 2026 58,500
Net Book Value
As at 31 March 2026 -
As at 1 April 2025 -
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5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2025 89,550 7,355 105,893 22,861
Additions - 654 57,960 -
Disposals - - (54,894 ) -
As at 31 March 2026 89,550 8,009 108,959 22,861
Depreciation
As at 1 April 2025 12,050 2,194 43,938 19,617
Provided during the period 1,791 1,388 19,437 811
Disposals - - (27,232 ) -
As at 31 March 2026 13,841 3,582 36,143 20,428
Net Book Value
As at 31 March 2026 75,709 4,427 72,816 2,433
As at 1 April 2025 77,500 5,161 61,955 3,244
Computer Equipment Total
£ £
Cost
As at 1 April 2025 19,534 245,193
Additions 1,178 59,792
Disposals - (54,894 )
As at 31 March 2026 20,712 250,091
Depreciation
As at 1 April 2025 14,854 92,653
Provided during the period 1,405 24,832
Disposals - (27,232 )
As at 31 March 2026 16,259 90,253
Net Book Value
As at 31 March 2026 4,453 159,838
As at 1 April 2025 4,680 152,540
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6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 4,503 7,046
Prepayments and accrued income 5,111 1,562
9,614 8,608
Due after more than one year
Other debtors 292,017 281,842
301,631 290,450
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 6,667 5,455
Trade creditors 174 2,324
Bank loans and overdrafts 1,667 10,000
Corporation tax 35,361 35,669
Other taxes and social security 5,887 -
Net wages - 1,228
Other creditors 2,138 2,182
Deposits Held 9,350 9,850
Accruals and deferred income 2,580 2,380
Directors' loan accounts 7,741 40,321
71,565 109,409
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 10,000 -
Bank loans - 3,334
10,000 3,334
9. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,667 5,455
Later than one year and not later than five years 10,000 -
16,667 5,455
16,667 5,455
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10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2026 2025
£ £
Not later than one year 6,666 -
Later than one year and not later than five years 9,999 -
16,665 -
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