| PLAY PARADISE NURSERIES LIMITED |
| Balance Sheet |
| as at 31 May 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
6,557 |
|
|
9,835 |
| Tangible assets |
4 |
|
|
14,242 |
|
|
17,188 |
|
|
|
|
|
20,799 |
|
|
27,023 |
|
| Current assets |
| Debtors |
5 |
|
7,487 |
|
|
18,417 |
| Cash at bank and in hand |
|
|
86,806 |
|
|
48,320 |
|
|
|
|
94,293 |
|
|
66,737 |
| Creditors: amounts falling due within one year |
6 |
|
(112,925) |
|
|
(93,101) |
|
| Net current liabilities |
|
|
|
(18,632) |
|
|
(26,364) |
|
|
|
|
|
|
|
|
| Total assets less current liabilities |
|
|
|
2,167 |
|
|
659 |
|
|
|
|
|
|
|
|
|
| Net assets |
|
|
|
2,167 |
|
|
659 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
2,067 |
|
|
559 |
|
| Shareholders' funds |
|
|
|
2,167 |
|
|
659 |
|
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
|
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
|
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
|
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| MRS. E.M. HILL |
| Director |
| Approved by the board on 6 November 2025 |
|
| PLAY PARADISE NURSERIES LIMITED |
| Notes to the Accounts |
| for the year ended 31 May 2025 |
|
|
|
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard), under the historical cost convention and on the going concern basis, which assumes the continuing support of the bank, the director and the company's other creditors. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities which might arise and to reclassify fixed assets as current assets. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. Goodwill is amortised on a straight line basis over 20 years, which the director considers to be its minimum useful economic life. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows: |
|
|
Plant and equipment |
15% straight line basis |
|
Fixtures and fittings |
15% straight line basis |
|
|
Debtors |
|
Short term debtors are measured at transaction price less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
|
Leased assets |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
27 |
|
26 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 June 2024 |
65,562 |
|
At 31 May 2025 |
65,562 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 June 2024 |
55,727 |
|
Provided during the year |
3,278 |
|
At 31 May 2025 |
59,005 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2025 |
6,557 |
|
At 31 May 2024 |
9,835 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years. |
|
|
| 4 |
Tangible fixed assets |
|
|
Short leasehold land and buildings |
|
Plant and machinery etc |
|
Fixtures and fittings |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 June 2024 |
23,706 |
|
27,161 |
|
17,545 |
|
68,412 |
|
At 31 May 2025 |
23,706 |
|
27,161 |
|
17,545 |
|
68,412 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2024 |
20,027 |
|
16,715 |
|
14,482 |
|
51,224 |
|
Charge for the year |
920 |
|
1,567 |
|
459 |
|
2,946 |
|
At 31 May 2025 |
20,947 |
|
18,282 |
|
14,941 |
|
54,170 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2025 |
2,759 |
|
8,879 |
|
2,604 |
|
14,242 |
|
At 31 May 2024 |
3,679 |
|
10,446 |
|
3,063 |
|
17,188 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
7,025 |
|
9,351 |
|
Director's loan account |
462 |
|
9,066 |
|
|
|
|
|
|
7,487 |
|
18,417 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
25,473 |
|
18,744 |
|
Deferred income - Fees received in advance |
|
39,016 |
|
45,875 |
|
Corporation tax |
43,275 |
|
25,139 |
|
Other taxes and social security costs |
5,161 |
|
3,343 |
|
|
|
|
|
|
112,925 |
|
93,101 |
|
|
|
|
|
|
|
|
|
|
All present and future amounts owing to the bank are secured by a debenture creating legal mortgages, fixed charges and floating charges over all the company's present and future assets and undertakings. |
|
|
|
|
| 7 |
Other financial commitments |
2025 |
|
2024 |
| £ |
£ |
|
|
Total future minimum payments under non-cancellable operating leases |
|
20,100 |
|
20,100 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Controlling party |
|
The ultimate controlling party throughout the year was Mrs. E.M. Hill (the sole director) who owned 70% of the issued share capital in the company. |
|
|
| 9 |
Other information |
|
PLAY PARADISE NURSERIES LIMITED is a private company limited by shares and incorporated in England (Company number 06261614). Its registered office is Unit 9, St. Albans Business Park, St. Albans Road, Stafford, ST16 3DR. |