Company registration number: 07590216
Annual report and unaudited financial statements
for the year ended 31 August 2026
for
Abacus Nursery (SW) Limited
Pages for filing with the Registrar
Company registration number: 07590216
Abacus Nursery (SW) Limited
Balance sheet
as at 31 August 2026
2026 2025
Note £ £ £ £
Fixed assets
Owned:
Intangible assets 5 - 16,000
Tangible assets 6 4,057 5,410
4,057 21,410
Current assets
Debtors 7 8,987 2,229
Cash at bank and in hand 218,094 106,977
227,081 109,206
Creditors: amounts falling due within one year
8 (70,005) (44,462)
Net current assets 157,076 64,744
Total assets less current liabilities 161,133 86,154
Creditors: Amounts falling due after more than one year
9 (19,760) (25,476)
NET ASSETS 141,373 60,678
Capital and reserves
Called up share capital 4 4
Profit and loss account 141,369 60,674
TOTAL EQUITY 141,373 60,678
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07590216
Abacus Nursery (SW) Limited
Balance sheet - continued
as at 31 August 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 6 October 2026 and signed on its behalf by:
Mr D Whipps, Director
6 October 2026
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Abacus Nursery (SW) Limited
Notes to the financial statements
for the year ended 31 August 2026
1 Company information
Abacus Nursery (SW) Limited is a private company registered in England and Wales. Its registered number is 07590216. The company is limited by shares. Its registered office is 293 Cheddon Road, Taunton, TA2 7BA.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is recognised from sales when a performance obligation under a valid contract with a customer has been satisfied at the transaction price allocated to that obligation. Transaction prices so recognised exclude Value Added Tax and any other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 20% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 10% straight line
Plant and machinery etc.:
Motor vehicles - 33% reducing balance
Equipment - 25% reducing balance
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Abacus Nursery (SW) Limited
Notes to the financial statements - continued
for the year ended 31 August 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Critical accounting judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.


4 Average number of employees
During the year the average number of employees was 32 (2025 - 32).
5 Intangible assets
Goodwill
£
Cost
At 1 September 2025 80,000
At 31 August 2026 80,000
Amortisation
At 1 September 2025 64,000
Charge for year 16,000
At 31 August 2026 80,000
Net book value
At 31 August 2026 -
At 31 August 2025 16,000
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Abacus Nursery (SW) Limited
Notes to the financial statements - continued
for the year ended 31 August 2026
6 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 September 2025 36,282 26,870 63,152
Disposals (36,282) (412) (36,694)
At 31 August 2026 - 26,458 26,458
Depreciation
At 1 September 2025 36,282 21,460 57,742
Charge for year - 1,353 1,353
Eliminated on disposal (36,282) (412) (36,694)
At 31 August 2026 - 22,401 22,401
Net book value
At 31 August 2026 - 4,057 4,057
At 31 August 2025 - 5,410 5,410
7 Debtors
2026 2025
£ £
Prepayments and accrued income 8,987 2,229
8 Creditors: amounts falling due within one year
2026 2025
£ £
Bank loans and overdrafts 5,728 5,498
Other creditors 20,951 20,575
Taxation 36,332 17,586
Social security and other tax 6,994 803
70,005 44,462
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Abacus Nursery (SW) Limited
Notes to the financial statements - continued
for the year ended 31 August 2026
9 Creditors: amounts falling due after more than one year
2026 2025
£ £
Bank loans 19,760 25,476
10 Related party transactions
At the period end the company owed the directors £9,609 (2025: £7,103). At the year end the company owed £10,000 (2025: £10,000) to a company under common control.


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