Little Adventures Nurseries Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Little Adventures Nurseries Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12422451 . The registered office is Family Adventures Group Limited, Wells Road, Wedmore, Somerset, BS28 4SA.

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. Going Concern Disclosure

The directors have assessed the Company's ability to operate as a going concern for at least 12 months from the date of signing the financial statements. The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. Accordingly, they believe that it remains appropriate to continue to adopt the going concern basis in preparing the financial statements.

2.3. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the ocntract when all the following conditions are satisfied:

the amount of revenue can be measured reliably;

it is probably that the Company will receive the consideration due under the contract;

the stage of completion of the contract at the end of the reporting period can be measured reliably; and

the costs incurred and the costs to complete the contract can be measured reliably.

2.4. 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 three years.

2.5. 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:

Leasehold Improvements	15 years
Plant & Machinery	10 years
Fixtures & Fittings	7 years
Computer Equipment	4 years

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Little Adventures Nurseries Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Financial Instruments

The Company has elected to apply the provisions of Section 11 "Basic Financial Instruments" of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price,including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets for the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are intially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

2.7. Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognsied in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 150 (2024: 113)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2025	156,410

As at 31 December 2025	156,410

Amortisation
As at 1 January 2025	83,624
Provided during the period	33,610

As at 31 December 2025	117,234

Net Book Value
As at 31 December 2025	39,176

As at 1 January 2025	72,786

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Little Adventures Nurseries Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Tangible Assets

	Land & Property
	Freehold	Leasehold Improvements	Plant & Machinery	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2025	54,811	287,839	1,229	300,368
Additions	-	623,388	932	169,604
Disposals	(54,811 )	-	-	-

As at 31 December 2025	-	911,227	2,161	469,972

Depreciation
As at 1 January 2025	-	16,889	183	109,217
Provided during the period	-	49,304	216	28,686

As at 31 December 2025	-	66,193	399	137,903

Net Book Value
As at 31 December 2025	-	845,034	1,762	332,069

As at 1 January 2025	54,811	270,950	1,046	191,151


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2025	7,387	651,634
Additions	12,540	806,464
Disposals	-	(54,811 )

As at 31 December 2025	19,927	1,403,287

Depreciation
As at 1 January 2025	351	126,640
Provided during the period	4,757	82,963

As at 31 December 2025	5,108	209,603

Net Book Value
As at 31 December 2025	14,819	1,193,684

As at 1 January 2025	7,036	524,994

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	920,257	614,091
Amounts owed by group undertakings	439,196	348,187
Other debtors	55,740	63,192

	1,415,193	1,025,470
Due after more than one year
Other debtors	13,088	-

	1,428,281	1,025,470

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Little Adventures Nurseries Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Amounts owed by group undertakings are unsecured, interest free and repayable on demand.

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	79,723	96,549
Bank loans and overdrafts	6,839	143,241
Other loans	49,108	-
Amounts owed to group undertakings	775,895	355,062
Other creditors	1,344,632	978,098

	2,256,197	1,572,950

Amounts owed to group undertakings are unsecured, interest free and repayable on demand.

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	24,000	30,839

Of the creditors falling due after more than one year the following amounts are due after more than five years.

Liabilities repayable in more than five years after the balance sheet date relate to the HSBC Bounce Back loan. The loan attracts interest at 2.5% and the final instalment is due on 25 June 2030.

	2025		2024
	£		£
Bank loans	-		997

9. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	-	33,176

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

11. Pension Commitments

The company operates a defined contribution pension scheme. Contributions totalling £7,752 (2023:£15,102) were payable to the fund at the reporting date and are included in other creditors.

12. Related Party Transactions

Related party transactions conducted under normal market conditions have not been disclosed in accordance with Section 1A of FRS 102.

13. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Family Adventures Group Limited . Family Adventures Group Limited was incorporated in England.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		39,176		72,786
Tangible Assets	5		1,193,684		524,994

			1,232,860		597,780
CURRENT ASSETS
Debtors	6	1,428,281		1,025,470
Cash at bank and in hand		307,003		-

		1,735,284		1,025,470
Creditors: Amounts Falling Due Within One Year	7	(2,256,197 )		(1,572,950 )

NET CURRENT ASSETS (LIABILITIES)			(520,913 )		(547,480 )

TOTAL ASSETS LESS CURRENT LIABILITIES			711,947		50,300

Creditors: Amounts Falling Due After More Than One Year	8		(24,000 )		(30,839 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		-		(33,176 )

NET ASSETS/(LIABILITIES)			687,947		(13,715 )

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			687,945		(13,717 )

SHAREHOLDERS' FUNDS			687,947		(13,715)