Registration number: 10776878

Nestlings' Nursery Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

Nestlings' Nursery Ltd

Company Information

Director

Miss M Ardouin

Registered office

The Nest 5 St Andrews Crescent Cardiff CF10 3DA

Accountants

W J James & Co Bishop House 10 Wheat Street Brecon Powys LD3 7DG

Nestlings' Nursery Ltd

(Registration number: 10776878)
Balance Sheet as at 31 May 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	52,012	62,895
Current assets
Debtors	5	46,860	32,770
Cash at bank and in hand		20,011	9,486
		66,871	42,256
Creditors: Amounts falling due within one year	6	(60,623)	(81,203)
Net current assets/(liabilities)		6,248	(38,947)
Total assets less current liabilities		58,260	23,948
Creditors: Amounts falling due after more than one year	6	(5,381)	(10,342)
Net assets		52,879	13,606
Capital and reserves
Called up share capital		2	2
Retained earnings		52,877	13,604
Shareholders' funds		52,879	13,606

For the financial year ending 31 May 2026 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 1 October 2026
 

......................................... Miss M Ardouin Director

Nestlings' Nursery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Nest
5 St Andrews Crescent
Cardiff
CF10 3DA

These financial statements were authorised for issue by the director on 1 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the conditions will be met and the funds received.

Nestlings' Nursery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profit is reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Improvements to property	10% on cost
Equipment	20% on reducing balance
Office equipment	20% on reducing balance
Motor vehicles	20% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Nestlings' Nursery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Nestlings' Nursery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 24 (2025 - 27).

4	Tangible assets

	Improvements to property £	Equipment £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 June 2025	9,997	42,991	4,228	60,076	117,292
Additions	-	2,244	-	-	2,244
At 31 May 2026	9,997	45,235	4,228	60,076	119,536
Depreciation
At 1 June 2025	5,596	17,267	1,860	29,674	54,397
Charge for the year	1,000	5,593	453	6,081	13,127
At 31 May 2026	6,596	22,860	2,313	35,755	67,524
Carrying amount
At 31 May 2026	3,401	22,375	1,915	24,321	52,012
At 31 May 2025	4,401	25,724	2,368	30,402	62,895

Nestlings' Nursery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

5

Debtors

Current	2026 £	2025 £
Trade debtors	27,228	12,501
Prepayments	-	638
Other debtors	19,632	19,631
	46,860	32,770

Nestlings' Nursery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

6

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	7	29,584	53,881
Taxation and social security		18,262	13,825
Accruals and deferred income		4,066	6,346
Other creditors		8,711	7,151
		60,623	81,203

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	7	5,381	10,342

7	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	-	1,828
Hire purchase contracts	5,381	8,514
	5,381	10,342

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	1,927	3,883
Hire purchase contracts	5,274	11,154
Other borrowings	22,383	38,844
	29,584	53,881

Nestlings' Nursery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

8	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2026 £	2025 £
Not later than one year	59,494	52,323
Later than one year and not later than five years	174,575	215,676
Later than five years	-	18,493
	234,069	286,492

The amount of non-cancellable operating lease payments recognised as an expense during the year was £58,564 (2025 - £52,500).