The Avenue Nursery And Pre-School Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11077619 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

THE AVENUE NURSERY AND PRE-SCHOOL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R M Palfrey

Mrs F M Palfrey

REGISTERED OFFICE:

2c The Avenue

Petersfield

Hampshire

GU31 4JQ

REGISTERED NUMBER:

11077619 (England and Wales)

ACCOUNTANTS:

Traviss & Co Ltd

Chartered Certified Accountants

Newtown House

38 Newtown Road

Liphook

Hampshire

GU30 7DX

FIXED ASSETS

Tangible assets

4

97,356

81,279

CURRENT ASSETS

Debtors

5

31,917

35,503

Cash at bank

43,687

61,887

75,604

97,390

CREDITORS

Amounts falling due within one year

6

94,569

111,060

NET CURRENT LIABILITIES

(18,965

)

(13,670

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

78,391

67,609

CREDITORS

Amounts falling due after more than one
year

7

(60,066

)

(60,831

)

PROVISIONS FOR LIABILITIES

(12,490

)

(5,764

)

NET ASSETS

5,835

1,014

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

5,833

1,012

5,835

1,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

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

Mrs F M Palfrey - Director

1.	STATUTORY INFORMATION

The Avenue Nursery And Pre-School 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.

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, relates and valued added tax and other sales taxes.

Turnover relates to nursery fees and government funding receivable. Income is recognised on a basis of sessions booked.

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.

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

-

15% on reducing balance

Fixtures and fittings

-

33% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

Financial instruments are classified by the director as basic or advanced following the conditions in FRS102 section 1a. Basic financial instruments are recognised at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2025 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2025

25,441

34,251

96,757

5,350

161,799

Additions

-

36,428

-

36,428

At 31 March 2026

25,441

34,251

133,185

5,350

198,227

DEPRECIATION

At 1 April 2025

7,192

29,947

40,931

2,450

80,520

Charge for year

2,736

2,152

13,956

1,507

20,351

At 31 March 2026

9,928

32,099

54,887

3,957

100,871

NET BOOK VALUE

At 31 March 2026

15,513

2,152

78,298

1,393

97,356

At 31 March 2025

18,249

4,304

55,826

2,900

81,279

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

22,145

26,065

Amounts owed by group undertakings

3,573

-

Other debtors

6,199

9,438

31,917

35,503

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

6,424

6,000

Hire purchase contracts

20,480

14,882

Trade creditors

5,321

2,310

Other taxation & social

security

50,897

65,200

Other creditors

11,447

22,668

94,569

111,060

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans

20,331

26,616

Hire purchase contracts

39,735

34,215

60,066

60,831

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

R M Palfrey

Balance outstanding at start of year

(459

)

8,683

Amounts advanced

87,290

10,608

Amounts repaid

(87,500

)

(19,750

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(669

)

(459

)

Mrs F M Palfrey

Balance outstanding at start of year

(32

)

8,682

Amounts advanced

87,036

11,036

Amounts repaid

(87,500

)

(19,750

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(496

)

(32

)