Wellies Day Nursery Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 10

Wellies Day Nursery Limited

Company Information

Director

Mrs HJ Hobbs

Registered office

1 Brook End North Crawley Newport Pagnell Buckinghamshire MK16 9HH

Accountants

Michael J Emery & Co Limited Chartered Accountants22 St. John Street Newport Pagnell Buckinghamshire MK16 8HJ

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Wellies Day Nursery Limited
for the Year Ended 31 August 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wellies Day Nursery Limited for the year ended 31 August 2026 as set out on pages 3 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Wellies Day Nursery Limited, as a body, in accordance with the terms of our instructions. Our work has been undertaken solely to prepare for your approval the accounts of Wellies Day Nursery Limited and state those matters that we have agreed to state to the Board of Directors of Wellies Day Nursery Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wellies Day Nursery Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Wellies Day Nursery Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Wellies Day Nursery Limited. You consider that Wellies Day Nursery Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Wellies Day Nursery Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Michael J Emery & Co Limited
Chartered Accountants
22 St. John Street
Newport Pagnell
Buckinghamshire
MK16 8HJ

16 October 2026

Wellies Day Nursery Limited

(Registration number: 07716546)
Balance Sheet as at 31 August 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	504,957	508,378
Current assets
Stocks	6	4,550	4,300
Debtors	7	30,081	28,427
Cash at bank and in hand		590,495	374,897
		625,126	407,624
Creditors: Amounts falling due within one year	8	(280,032)	(218,113)
Net current assets		345,094	189,511
Total assets less current liabilities		850,051	697,889
Provisions for liabilities		(18,788)	(18,971)
Net assets		831,263	678,918
Capital and reserves
Called up share capital		100	100
Retained earnings		831,163	678,818
Shareholders' funds		831,263	678,918

For the financial year ending 31 August 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 16 October 2026
 

Wellies Day Nursery Limited

(Registration number: 07716546)
Balance Sheet as at 31 August 2026

......................................... Mrs HJ Hobbs Director

Wellies Day Nursery Limited

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

1	General information

The company is a private company limited by share capital, incorporated in England and Wales, Registration number 07716546.

The address of its registered office is:
1 Brook End
North Crawley
Newport Pagnell
Buckinghamshire
MK16 9HH

These financial statements were authorised for issue by the director on 16 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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Turnover

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. Turnover is shown net of returns, rebates and discounts.

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.

Tax

The tax expense for the period comprises current and deferred 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.

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

Wellies Day Nursery Limited

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits 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	2% on cost
Fixtures and fittings	20% reducing balance
Office equipment	33% reducing balance
Plant and machinery	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% on cost
Computer software	20% on cost

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.

Wellies Day Nursery Limited

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

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

Wellies Day Nursery Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 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 during the year, including the director, was 42 (2025 - 44).

4	Intangible assets

	Goodwill  £	Other intangible assets  £	Total £
Cost or valuation
At 1 September 2025	120,000	1,536	121,536
At 31 August 2026	120,000	1,536	121,536
Amortisation
At 1 September 2025	120,000	1,536	121,536
At 31 August 2026	120,000	1,536	121,536
Carrying amount
At 31 August 2026	-	-	-

Wellies Day Nursery Limited

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

5	Tangible assets

	Long leasehold land and buildings £	Fixtures and fittings £	Total £
Cost or valuation
At 1 September 2025	516,571	300,326	816,897
Additions	12,974	10,593	23,567
Disposals	-	(6,798)	(6,798)
At 31 August 2026	529,545	304,121	833,666
Depreciation
At 1 September 2025	84,513	224,006	308,519
Charge for the year	10,531	16,141	26,672
Eliminated on disposal	-	(6,482)	(6,482)
At 31 August 2026	95,044	233,665	328,709
Carrying amount
At 31 August 2026	434,501	70,456	504,957
At 31 August 2025	432,058	76,320	508,378

6

Stocks

	2026 £	2025 £
Inventory	4,550	4,300

7

Debtors

Current	2026 £	2025 £
Trade debtors	495	671
Prepayments	22,566	21,336
Other debtors	7,020	6,420
	30,081	28,427

Wellies Day Nursery Limited

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

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	30,262	15,868
Taxation and social security	98,367	49,077
Accruals and deferred income	112,735	101,262
Other creditors	38,668	51,906
	280,032	218,113

9	Related party transactions

Summary of transactions with other related parties

The company director owns a share of the freehold property in which the company trades from. During the year, the property owners charged the company £169,326 (2025: £136,122) in rent for use of the premises, which is considered fair market value.