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Company registration number: 5889370
Budbrooke House Children's Nurseries (Warwick) Limited
Unaudited filleted financial statements
31 March 2025
Budbrooke House Children's Nurseries (Warwick) Limited
Statement of financial position
31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 5 92,237 54,020
_______ _______
92,237 54,020
Current assets
Stocks 650 650
Debtors 6 223,461 182,752
Cash at bank and in hand 226,066 214,675
_______ _______
450,177 398,077
Creditors: amounts falling due
within one year 7 ( 134,159) ( 103,041)
_______ _______
Net current assets 316,018 295,036
_______ _______
Total assets less current liabilities 408,255 349,056
Creditors: amounts falling due
after more than one year 8 ( 46,913) -
Provisions for liabilities ( 9,385) ( 10,827)
_______ _______
Net assets 351,957 338,229
_______ _______
Capital and reserves
Called up share capital 2 2
Profit and loss account 351,955 338,227
_______ _______
Shareholders funds 351,957 338,229
_______ _______
For the year ending 31 March 2025 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 financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 24 November 2025 , and are signed on behalf of the board by:
A Hemming
Director
Company registration number: 5889370
Budbrooke House Children's Nurseries (Warwick) Limited
Notes to the financial statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Huxley House, 11 William Street, Redditch, B97 4AJ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis unless otherwise specified within these accounting policies.
Turnover
Turnover is recognised at the fair value of childcare services provided during the year.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Long leasehold property - 10 % straight line
Fittings fixtures and equipment - 15 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are valued at cost.
Government grants
Government grants are recognised using the accrual model.
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
Trade debtors
Trade debtors are measured at transaction value, less any impairment for doubtful debts.
Trade creditors
Trade creditors are measured at transaction value.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 37 (2024: 33 ).
5. Tangible assets
Long leasehold property Fixtures, fittings and equipment Total
£ £ £
Cost
At 1 April 2024 156,016 148,726 304,742
Additions 50,678 7,101 57,779
_______ _______ _______
At 31 March 2025 206,694 155,827 362,521
_______ _______ _______
Depreciation
At 1 April 2024 145,305 105,418 250,723
Charge for the year 6,691 12,870 19,561
_______ _______ _______
At 31 March 2025 151,996 118,288 270,284
_______ _______ _______
Carrying amount
At 31 March 2025 54,698 37,539 92,237
_______ _______ _______
At 31 March 2024 10,711 43,308 54,019
_______ _______ _______
6. Debtors
2025 2024
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 211,488 180,688
Other debtors 11,973 2,064
_______ _______
223,461 182,752
_______ _______
7. Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 1,188 2,629
Amounts owed to group undertakings and undertakings in which the company has a participating interest 69,015 47,065
Social security and other taxes 56,261 42,159
Other creditors 7,695 11,188
_______ _______
134,159 103,041
_______ _______
8. Creditors: amounts falling due after more than one year
2025 2024
£ £
Other creditors 46,913 -
_______ _______
9. Controlling party
The company is a subsidiary of Claverdon Montessori Nursery Ltd . The Registered Office address is: Huxley House, 11 William Street, Redditch B97 4AJ.