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Registered number: 05967527
ALDERLEY DAY NURSERY LIMITED
UNAUDITED
DIRECTORS' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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ALDERLEY DAY NURSERY LIMITED
CONTENTS
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Directors' responsibilities statement
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Statement of changes in equity
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Notes to the financial statements
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ALDERLEY DAY NURSERY LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The directors present their report and the financial statements for the year ended 31 December 2025.
The Company’s principal activity was the provision of childcare services under the Busy Bees brand, until 1 January 2025 following the year end, when as part of a Group reorganisation exercise, the Company transferred its entire trade and assets to another Group subsidiary, Busy Bees Nurseries Limited. The Company is a wholly-owned subsidiary of Eagle Superco Limited. Eagle Superco Limited and its subsidiaries, including this Company, are collectively referred to as the Busy Bees Group of companies ('the Group').
On 1 January 2025, the trade and assets of the company were transferred at book value to Busy Bees Nurseries Limited, a fellow Group company. Following declaration and payment of a dividend to its parent company in order to realise the profit and loss reserves accumulated, the entity does not expect to enter into any transactions. It is expected that this company will eventually be dissolved, therefore all activities have been marked as discontinued.
The directors who served during the year and up to the date of this report were:
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C J Creaser (resigned 3 September 2025)
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C A McCandless (appointed 3 September 2025)
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Qualifying third party indemnity provisions
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The Company has made qualifying third party indemnity provisions for the benefit of its directors, which were made during the year and remain in force at the date of this report. The provisions made by the company are in force for the benefit of one or more directors of associated companies.
As the Company has ceased to trade, the directors have prepared the financial statements on a basis other than a going concern. No adjustments to the financial statements arose as a result of ceasing to apply the going concern basis.
Audit exemption statement
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For the year ending 31 December 2025, the company was entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.
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ALDERLEY DAY NURSERY LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
This report was approved by the board and signed on its behalf.
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ALDERLEY DAY NURSERY LIMITED
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2025
The directors are responsible for preparing the Directors' report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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ALDERLEY DAY NURSERY LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
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Interest payable and similar expenses
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Profit for the financial year
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All amounts relate to discontinued activities.
There were no recognised gains and losses for 2025 or 2024 other than those included in the profit and loss account.
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The notes on pages 7 to 16 form part of these financial statements.
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ALDERLEY DAY NURSERY LIMITED
REGISTERED NUMBER: 05967527
BALANCE SHEET
AS AT 31 DECEMBER 2025
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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The directors consider that the Company is entitled to exemption from audit under section 479A of the Companies Act 2006. The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 September 2026.
The notes on pages 7 to 16 form part of these financial statements.
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ALDERLEY DAY NURSERY LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2025
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Profit and total comprehensive income for the year
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The notes on pages 7 to 16 form part of these financial statements.
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ALDERLEY DAY NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
1.Accounting policies
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Basis of preparation of financial statements
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Alderley Day Nursery Limited ("the Company") is a Company incorporated in England, United Kingdom under the Companies Act 2006. The Company is a private Company limited by shares and is registered in England and Wales. The address of the Company’s registered office is shown on page 2.
These financial statements have been prepared under the historical cost basis of accounting, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) "The Financial Reporting Standard applicable in the UK and Republic of Ireland" issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
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Financial Reporting Standard 102 - reduced disclosure exemptions
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The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of Eagle Midco Limited as at 31 December 2025 and these financial statements may be obtained from St Matthews, Shaftsbury Drive, Burntwood, Staffordshire, WS7 9QP.
Transfer of trade and assets
On 1 January 2025, as part of a Group reorganisation exercise, the Company transferred at book value its entire trade and assets to another Group subsidiary, Busy Bees Nurseries Limited. The Company has now ceased to trade and it is expected that this Company will eventually be dissolved, following declaration of a dividend to its parent company in order to realise the profit and loss reserves accumulated.
As the Company has ceased to trade, the directors have prepared the financial statements on a basis other than a going concern. No adjustments to the financial statements arose as a result of ceasing to apply the going concern basis.
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ALDERLEY DAY NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
1.Accounting policies (continued)
Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss as described below.
Non-financial assets
An asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.
Where indicators exist for a decrease in impairment loss, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.
Where a reversal of impairment occurs in respect of a CGU, the reversal is applied first to the assets (other than goodwill) of the CGU on a pro-rata basis and then to any goodwill allocated to that CGU.
Financial assets
For financial assets carried at amortised cost, the amount of an impairment is the difference between the asset's carrying amount and the present value of estimated future cash flows, discounted at the financial asset's original effective interest rate. For financial assets carried at cost less impairment, the impairment loss is the difference between the asset's carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.
Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.
Turnover represents the value of services provided, excluding value added tax and is attributable to the Company’s principal activity.
Nursery Services
The principal activity of the Company is the provision of day care nursery services. Turnover from providing these services is recognised over time in the accounting period in which the services are rendered, as the customer simultaneously receives and consumes the benefits of these services over time. Nursery fees paid in advance are recognised as deferred income and only recognised in the period to which they relate. Where payments are received from customers in advance of services provided, the amounts are recorded within accruals and deferred income.
Government funding
Government funding is directly linked to the provision of nursery services, representing additional government funding to supplement the amounts paid by parents. This activity is considered to be linked activity of providing nursery services which is recognised over time as described above. Government funding paid in advance is recognised within other creditors and only recognised in the period to which it relates. Where payments are received from funding providers in advance of services provided, the amounts are recorded within other creditors.
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ALDERLEY DAY NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
1.Accounting policies (continued)
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
The estimated useful lives range as follows:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on straight-line basis over the lease term.
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ALDERLEY DAY NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
1.Accounting policies (continued)
Current UK corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Current tax assets and liabilities are offset only when there is a legally enforceable right to set off the amounts and the Company intends either to settle on a net basis or to realise the asset and settle the liability simultaneously.
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 that result in an obligation to pay more tax or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the Company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that, on the basis of all available evidence, it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
When the amount that can be deducted for tax for an asset (other than goodwill) that is recognised in a business combination is less than the value at which it is recognised, a deferred tax liability is recognised for the additional tax that will be paid in respect of that difference. Similarly, a deferred tax asset is recognised for the additional tax that will be avoided because of a difference between the value at which a liability is recognised and the amount that will be assessed for tax. The amount attributed to goodwill is adjusted by the amount of deferred tax recognised.
Deferred tax liabilities are recognised for timing differences arising from investments in subsidiaries and associates, except where the Company is able to control the reversal of the timing difference and it is probable that it will not reverse in the foreseeable future.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of the timing difference. Deferred tax relating to property, plant and equipment carried at deemed cost is provided based on the difference between the accounts and tax base costs. Deferred tax assets and liabilities are offset only if the Company has a legally enforceable right to set off current tax assets against current tax liabilities.
The Company contributes to a number of money purchase pension schemes. The assets of the schemes are held separately from those of the Company in an independently administered fund. The pension charge represents the amounts payable by the Company to the schemes during the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
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ALDERLEY DAY NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Judgments in applying accounting policies and key sources of estimation uncertainty
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In the application of the Company’s accounting policies, which are described in note 1, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from the sources. The estimates and associated assumptions relate to provisioning against receivables and recognition of grant income and are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future period if the revision affects both current and future periods.
There were no critical accounting judgements or key sources of estimation uncertainty in either the current or prior periods.
All turnover arose from the Company’s principal activity and was all generated in the United Kingdom.
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The operating profit is stated after charging:
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Depreciation of tangible fixed assets
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The fees payable to the Company’s auditor for the audit of the Company’s annual financial statements of £nil (2024: £8,000) were borne by another wholly-owned Group Company. There were no non-audit fees in the year (2024: £nil).
All staff costs, including pension costs, are paid by a fellow wholly-owned group company and recharged to Alderley Day Nursery Limited accordingly.
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The average monthly number of employees, excluding the directors, during the year was as follows:
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Average number of staff (Full time equivalent)
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ALDERLEY DAY NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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The directors received emoluments from other wholly-owned group companies for their services to all wholly-owned group companies. It is not considered practical or possible to accurately apportion these costs to each entity in the Group. Given the relative size of the respective entities, the effect of not apportioning these costs for disclosure purposes is not considered to be material.
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Current tax on profits for the year
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Origination and reversal of timing differences
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Adjustments in respect of prior periods
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Factors affecting tax charge for the year
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The difference between the total tax charge shown above and the amount calculated by applying the standard rate of UK corporation tax of 25.00% (2024 - 25.00%) to the profit before tax is as follows:
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Profit on ordinary activities before tax
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Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25.00% (2024 - 25.00%)
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Expenses not deductible for tax purposes
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Adjustment in respect of prior periods
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Effects of group relief for nil consideration
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Total tax charge for the year
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ALDERLEY DAY NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
7.Taxation (continued)
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Factors that may affect future tax charges
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The standard rate of tax applied to the reported profit on ordinary activities is 25.00% (2024: 25.00%).
At 31 December 2025 the Company has unrecognised trading losses of £nil (2024: £nil) available to offset against certain future profits.
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On 1 January 2025, as part of a Group reorganisation exercise, the Company transferred its entire trade and assets, including all tangible fixed assets, to another Group subsidiary at book value, Busy Bees Nurseries Limited.
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ALDERLEY DAY NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Amounts owed by group undertakings
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Prepayments and accrued income
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There is no repayment date attached to the amount owed by group undertakings. There was no interest charged on the amounts owed by group undertakings (2024: £nil). The amounts owed relate to trading balances with other wholly-owned group companies.
Amounts owed by group undertakings are repayable on demand; however, as part of the transfer of trade and assets to Busy Bees Nurseries Limited on 1 January 2025 these balances have been settled accordingly.
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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Accruals and deferred income
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There is no repayment date attached to the amount owed to group undertakings, they are intercompany trading balances with other wholly-owned group companies, which as noted above have been settled on 1 January 2025 following the transfer of trade and assets to Busy Bees Nurseries Limited. There was no interest charged on the amounts owed to group undertakings (2024: nil).
Within accruals and deferred income is deferred income of £nil (2024: £9,000), which relates to nursery fees paid in advance.
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ALDERLEY DAY NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Charged to profit or loss
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Transferred to other group company
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Deferred tax balances at 31 December 2024 have been calculated at 25.00% (2024: 25.00%). The deferred tax provision is as follows and all items are expected to reverse within 12 months:
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The deferred taxation balance is made up as follows:
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Fixed assets timing differences
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Short term timing differences
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Authorised, allotted, called up and fully paid
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1 (2024 - 1) Ordinary share of £1
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The Group operates a money purchase scheme for the benefit of certain employees. Contributions are charged to the profit and loss account in the year to which they relate. The charge in the year was £nil (2024: £13,000).
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Related party transactions
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The Company has taken the exemption available under FRS 102 not to disclose related party transactions with other 100% controlled members of the same Group. There were no other related party transactions in the year.
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ALDERLEY DAY NURSERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
The Company’s immediate parent undertaking is Busy Bees Holdings Limited. The largest Group into which the Company is consolidated is the Group headed by Eagle Superco Limited and the smallest Group into which the Company is consolidated is the Group headed by Eagle Midco Limited. Busy Bees Holdings Limited, Eagle Superco Limited and Eagle Midco Limited are all incorporated in United Kingdom and registered at St Matthews, Shaftsbury Drive, Burntwood, Staffordshire, WS7 9QP. The consolidated financial statements of Eagle Superco Limited can be obtained from the Company’s registered address above. The ultimate parent Company is Eagle Superco Limited and the ultimate controlling party is the Ontario Teachers’ Pension Plan incorporated in Canada, its registered address is 160 Front Street West, Suite 3200, Toronto, Ontario, M5J 0G4.
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