Llanover Day Nursery Ltd - Filleted accounts

Registered number

12360994

Llanover Day Nursery Ltd

Unaudited Filleted Accounts

31 December 2025

Llanover Day Nursery Ltd
Registered number:		12360994
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		17,773			18,672

Current assets
Stocks		250			250
Debtors	4	14,040			17,274
Cash at bank and in hand		23,500			26,021
		37,790			43,545

Creditors: amounts falling due within one year	5	(38,805)			(46,934)

Net current liabilities			(1,015)			(3,389)

Total assets less current liabilities			16,758			15,283

Creditors: amounts falling due after more than one year	6		(8,592)			(11,243)

Provisions for liabilities			(3,377)			(3,547)


Net assets			4,789			493

Capital and reserves
Called up share capital			100			100
Profit and loss account			4,689			393

Shareholder's funds			4,789			493

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Rachel Withey
Director
Approved by the board on 16 June 2026

Llanover Day Nursery Ltd
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			over 5 years
	Plant and machinery			15% Reducing Balance
	Fixtures, fittings, tools and equipment			33% Straight Line


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	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 recognised 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.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					23		21


3	Tangible fixed assets
		Leasehold Improvements		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	6,408		24,038		3,999		34,445
	Additions	-		3,558		2,419		5,977
	Disposals	-		(2,622)		-		(2,622)
	At 31 December 2025	6,408		24,974		6,418		37,800

	Depreciation
	At 1 January 2025	5,126		7,723		2,924		15,773
	Charge for the year	1,282		3,235		524		5,041
	On disposals	-		(787)		-		(787)
	At 31 December 2025	6,408		10,171		3,448		20,027

	Net book value
	At 31 December 2025	-		14,803		2,970		17,773
	At 31 December 2024	1,282		16,315		1,075		18,672


4	Debtors					2025		2024
£							£

	Trade debtors					13,781		8,109
	Overdrawn Directors Loan					-		8,911
	Other debtors					259		254
						14,040		17,274


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					1,190		693
	Grant Income due within 1 yr					2,515		2,651
	Pension Liability					1,081		-
	Income in Advance					460		4,517
	Taxation and social security costs					14,965		17,042
	Other creditors					18,594		22,031
						38,805		46,934


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Grant Income due after 1 yr					8,592		11,243


7	Related party transactions

	None noted.


8	Transactions with Director

	During the year, Mrs Rachel Withey used a current account with the company to record amounts due to her and amounts drawn by her. As at 31st December 2025 the total amount owed back to Rachel Withey was £508.59. This is repayable on demand and does not carry interest. As at 31st December 2024 the account was overdrawn by £8,910.77. The amount was repaid in full via a dividend on 22nd September 2025.


9	Controlling party

	Ms Rachel Withey holds 100% of the share capital of the company and therefore is the company's ultimate controlling party.


10	Other information

	Llanover Day Nursery Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:
	Tre Elidyr
	Llanover
	Abergavenny
	NP7 9EY