Company Registration No. 03704595 (England and Wales)
Orchard Private Day Nurseries Limited
Unaudited accounts
for the year ended 31 March 2023
Orchard Private Day Nurseries Limited
Unaudited accounts
Contents
Orchard Private Day Nurseries Limited
Company Information
for the year ended 31 March 2023
Company Number
03704595 (England and Wales)
Registered Office
104 Derby Road
Chellaston
Derby
Derbyshire
DE73 6RF
UK
Accountants
RLTP Accountants
Suite 8, Riverside Business Centre
Foundry Lane
Milford, Belper
Derbyshire
DE56 0RN
Orchard Private Day Nurseries Limited
Statement of financial position
as at 31 March 2023
Tangible assets
64,790
68,653
Cash at bank and in hand
61,954
97,624
Creditors: amounts falling due within one year
(14,995)
(23,638)
Net current assets
876,832
919,382
Total assets less current liabilities
941,622
988,035
Provisions for liabilities
Deferred tax
(6,502)
(6,502)
Net assets
935,120
981,533
Called up share capital
2
2
Profit and loss account
935,118
981,531
Shareholders' funds
935,120
981,533
For the year ending 31 March 2023 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 August 2023 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 2023
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 6RF, 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
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 2023
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 2022
17,000
22,440
89,610
11,811
140,861
Additions
8,715
-
13,183
3,087
24,985
At 31 March 2023
25,715
22,440
102,793
14,898
165,846
At 1 April 2022
10,079
17,765
37,772
6,592
72,208
Charge for the year
5,189
5,610
14,844
3,205
28,848
At 31 March 2023
15,268
23,375
52,616
9,797
101,056
At 31 March 2023
10,447
(935)
50,177
5,101
64,790
At 31 March 2022
6,921
4,675
51,838
5,219
68,653
Amounts falling due within one year
Trade debtors
14,418
30,134
Accrued income and prepayments
1,930
1,511
Other debtors
14,120
15,670
Amounts falling due after more than one year
Amounts due from group undertakings etc.
796,461
796,461
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
8,166
16,429
Other creditors
3,470
3,705
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 34 (2022: 38).