REGISTERED NUMBER: 08789296 (England and Wales)

Unaudited Financial Statements

for the Year Ended 29 November 2025

for

Snuggles Pre-School Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Minter

REGISTERED OFFICE:

Airport House

Suite 43 - 45

Purley Way

Croydon

Surrey

CR0 0XZ

REGISTERED NUMBER:

08789296 (England and Wales)

ACCOUNTANTS:

RAA Ledger Sparks Ltd

Airport House

Suite 43-45

Purley Way

Croydon

CR0 0XZ

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

-

3,545

-

3,545

Current assets

Debtors

6

576

1,864

Cash at bank

2,413

25,755

2,989

27,619

Creditors

Amounts falling due within one year

7

(2,971

)

(10,063

)

Net current assets

18

17,556

Total assets less current liabilities

18

21,101

Creditors

Amounts falling due after more than one year

8

-

(1,566

)

Provisions for liabilities

9

-

(673

)

Net assets

18

18,862

Capital and reserves

Called up share capital

1

1

Retained earnings

10

17

18,861

18

18,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 August 2026 and were signed by:

S Minter - Director

1.	STATUTORY INFORMATION

Snuggles Pre-School Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The principal activity of the company continued to be that of Pre Primary education.

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 and recognised at the fair value of the consideration received or receivable for services provided in the normal course of business .

TANGIBLE FIXED ASSETS

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

25% on reducing balance

Computer equipment

25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

TAXATION

The tax expense represents the sum of the tax currently payable and deferred tax.

CURRENT TAX

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

DEFERRED TAX

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

PROVISION FOR LIABILITIES

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the statement of income and retained earnings in the year that the company becomes aware of the obligation and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in Balance sheet.

DEFINED CONTRIBUTION PENSION PLAN

The company operates a defined contribution pension plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in the statement of income and retained earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 30 November 2024

10,500

Disposals

(10,500

)

At 29 November 2025

-

AMORTISATION

At 30 November 2024

10,500

Eliminated on disposal

(10,500

)

At 29 November 2025

-

NET BOOK VALUE

At 29 November 2025

-

At 29 November 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 30 November 2024

3,219

2,084

5,303

Disposals

(3,219

)

(2,084

)

(5,303

)

At 29 November 2025

-

-

-

DEPRECIATION

At 30 November 2024

1,073

685

1,758

Eliminated on disposal

(1,073

)

(685

)

(1,758

)

At 29 November 2025

-

-

-

NET BOOK VALUE

At 29 November 2025

-

-

-

At 29 November 2024

2,146

1,399

3,545

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

576

1,864

The directors consider the carrying value of trade and other receivables approximate to their fair value.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

3,113

Trade creditors

231

-

Taxation and social security

549

3,582

Other creditors

2,191

3,368

2,971

10,063

The directors consider the carrying amounts of current liabilities approximate to their fair values.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

1,566

The directors consider the carrying amounts of current liabilities approximate to their fair values.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

-

673

Deferred

tax

£

Balance at 30 November 2024

673

Provided during year

(673

)

Balance at 29 November 2025

-

10.

RESERVES

PROFIT AND LOSS RESERVES

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

11.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs charge represents contributions payable by the company to the fund and amounted to £1,001 (2024 - £1,346).

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 November 2025 and 29 November 2024:

2025

2024

£

£

S Minter

Balance outstanding at start of year

(1,044

)

(681

)

Amounts advanced

21,305

872

Amounts repaid

(19,685

)

(1,235

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

576

(1,044

)

13.	RELATED PARTY DISCLOSURES

At the balance sheet date included in other debtors are amounts due from the director of £576 (2024 - £1,044 in other creditors). This loan is interest free and repayable on demand.

14.	SUPPLIER NOTE

During the year, the Company received services from PHS between February 2025 and July 2025. Following the cessation of services, PHS issued invoices which include charges for services provided together with charges relating to the remaining contract period. The Company accepts liability for the services received up to July 2025 but disputes the additional charges on the basis that no services were received after that date and that the required notice to terminate the contract had been given.

At the date the financial statements were approved, the dispute remained unresolved. The directors have recognised the liability for services received up to July 2025 but have not recognised the disputed contractual charges, as they do not consider that a present obligation exists in respect of those amounts. Accordingly, no provision has been recognised for the disputed balance, the outcome of which remains uncertain.