Village Pre Schools Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04638182

Village Pre Schools Limited

Filleted Unaudited Financial Statements

31 December 2025

Village Pre Schools Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		111,368	115,564

Current assets

Debtors	7	11,693	8,775
Cash at bank and in hand		33,680	33,841
		--------	--------
		45,373	42,616

Creditors: amounts falling due within one year	8	53,168		59,241
		--------		--------
Net current liabilities			7,795	16,625
			---------	---------
Total assets less current liabilities			103,573	98,939

Creditors: amounts falling due after more than one year	9		912	11,731

Provisions

Taxation including deferred tax	13,748	16,098
	---------	--------
Net assets	88,913	71,110
	---------	--------

Village Pre Schools Limited

Statement of Financial Position (continued)

31 December 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	2	2
Profit and loss account	88,911	71,108
	--------	--------
Shareholders funds	88,913	71,110
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 3 August 2026 , and are signed on behalf of the board by:

K Henderson-Williams
Director

Company registration number: 04638182

Village Pre Schools Limited

Accounting Policies

Year ended 31st December 2025

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents amounts received during the year, in respect of fees and grants.

Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions. Deferred tax is measured on a discounted/an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	Straight line over 10 years.

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Land & Building	-	Straight line over 10 years.
Fixtures & Fittings	-	15% Reducing balance.
Motor vehicle	-	25% Reducing balance.
Office Equipment	-	`15% Reducing balance.`

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

Village Pre Schools Limited

Notes to the Financial Statements

Year ended 31st December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4th Floor, 58-59 Great Marlborough Street, London, W1F 7JY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Employee numbers

The average number of persons employed by the company during the year amounted to 16 (2024: 16 ).

4. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	14,007	28,265

Deferred tax:

Origination and reversal of timing differences	( 2,350)	–
	--------	--------
Tax on profit	11,657	28,265
	--------	--------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is higher than (2024: higher than) the standard rate of corporation tax in the UK of 25 % (2024: 25 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	44,460	97,437
	--------	--------
Profit on ordinary activities by rate of tax	11,115	24,359
Effect of expenses not deductible for tax purposes	8,176	7,204
Effect of capital allowances and depreciation	( 2,539)	( 1,360)
Other tax adjustment to increase/(decrease) tax liability - DT movement	(2,350)	–
Other tax adjustment to increase/(decrease) tax liability-provisions	(2,745)	(1,938)
	--------	--------
Tax on profit	11,657	28,265
	--------	--------

5. Intangible assets

	Goodwill
	£
Cost
At 1st January 2025 and 31st December 2025	25,000
	--------
Amortisation
At 1st January 2025 and 31st December 2025	25,000
	--------
Carrying amount
At 31st December 2025	–
	--------
At 31st December 2024	–
	--------

6. Tangible assets

	Land and buildings	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1st January 2025	74,315	119,862	71,674	68,931	334,782
Additions	–	–	35,641	3,087	38,728
Disposals	–	–	( 22,500)	–	( 22,500)
	--------	---------	--------	--------	---------
At 31st December 2025	74,315	119,862	84,815	72,018	351,010
	--------	---------	--------	--------	---------
Depreciation
At 1st January 2025	42,713	91,216	31,357	53,932	219,218
Charge for the year	7,432	4,297	15,825	2,713	30,267
Disposals	–	–	( 9,843)	–	( 9,843)
	--------	---------	--------	--------	---------
At 31st December 2025	50,145	95,513	37,339	56,645	239,642
	--------	---------	--------	--------	---------
Carrying amount
At 31st December 2025	24,170	24,349	47,476	15,373	111,368
	--------	---------	--------	--------	---------
At 31st December 2024	31,602	28,646	40,317	14,999	115,564
	--------	---------	--------	--------	---------

7. Debtors

	2025	2024
	£	£
Prepayments and accrued income	–	6,369
Director's loan account	615	251
Other debtors	11,078	2,155
	--------	-------
	11,693	8,775
	--------	-------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	18,173	2,680
Corporation tax	14,008	28,267
Social security and other taxes	3,994	11,301
Other creditors	16,993	16,993
	--------	--------
	53,168	59,241
	--------	--------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Obligations under finance leases and hire purchase contracts	912	11,731
	----	--------

10. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions	13,748	16,098
	--------	--------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Provisions	13,748	16,098
	--------	--------

11. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
K Henderson-Williams	251	364	615
	----	----	----

	2024
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
K Henderson-Williams	( 80)	331	251
	----	----	----