Company Registration No. 03704595 (England and Wales)
Orchard Private Day Nurseries Limited
Unaudited accounts
for the year ended 31 March 2022
Orchard Private Day Nurseries Limited
Unaudited accounts
Contents
Orchard Private Day Nurseries Limited
Company Information
for the year ended 31 March 2022
Company Number
03704595 (England and Wales)
Registered Office
104 Derby Road
Chellaston
Derby
Derbyshire
DE73 1RF
UK
Accountants
RLTP Limited
114 Wood Road
Derby
DE21 4LZ
Orchard Private Day Nurseries Limited
Statement of financial position
as at
31 March 2022
Tangible assets
68,653
65,246
Cash at bank and in hand
97,624
119,054
Creditors: amounts falling due within one year
(23,638)
(67,751)
Net current assets
919,382
956,053
Total assets less current liabilities
988,035
1,021,299
Creditors: amounts falling due after more than one year
-
(49,574)
Provisions for liabilities
Deferred tax
(6,502)
(6,502)
Net assets
981,533
965,223
Called up share capital
2
2
Profit and loss account
981,531
965,221
Shareholders' funds
981,533
965,223
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 May 2022 and were signed on its behalf by
David Williams
Director
Company Registration No. 03704595
Orchard Private Day Nurseries Limited
Notes to the Accounts
for the year ended 31 March 2022
Orchard Private Day Nurseries Limited is a private company, limited by shares, registered in England and Wales, registration number 03704595. The registered office is 104 Derby Road, Chellaston, Derby, Derbyshire, DE73 1RF, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% SL
Computer equipment
33% SL
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Orchard Private Day Nurseries Limited
Notes to the Accounts
for the year ended 31 March 2022
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2021
29,554
22,440
100,449
13,654
166,097
Additions
5,663
-
17,815
5,043
28,521
Disposals
(18,217)
-
(28,654)
(6,886)
(53,757)
At 31 March 2022
17,000
22,440
89,610
11,811
140,861
At 1 April 2021
25,038
12,155
52,696
10,962
100,851
Charge for the year
3,258
5,610
12,833
2,516
24,217
On disposals
(18,217)
-
(27,757)
(6,886)
(52,860)
At 31 March 2022
10,079
17,765
37,772
6,592
72,208
At 31 March 2022
6,921
4,675
51,838
5,219
68,653
At 31 March 2021
4,516
10,285
47,753
2,692
65,246
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
30,134
43,606
Accrued income and prepayments
1,511
3,283
Other debtors
15,670
15,500
Debtors: amounts falling due after more than one year
Amounts due from group undertakings etc.
796,461
839,506
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
-
3,922
Taxes and social security
16,429
24,627
Loans from directors
-
11,630
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
-
(426)
Orchard Private Day Nurseries Limited
Notes to the Accounts
for the year ended 31 March 2022
8
Share capital
2022
2021
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 38 (2021: 36).