Company registration number: 07915003
Unaudited financial statements for the year ended 31 August 2024
for
Old Sarum Nursery (company limited by guarantee)
Old Sarum Nursery
(company limited by guarantee)
Company information for the year ended 31 August 2024
Company registration number:
07915003
Directors:
Mr M Earle Mrs E Gold Mrs S Loader Mr I McLennan Mrs N Moss Mrs K Waters
(appointed 28 February 2024)
Registered office:
Old Sarum Primary School Pheasant Drive Salisbury Wiltshire SP4 6GH
Old Sarum Nursery
(company limited by guarantee)
Contents page for the year ended 31 August 2024
| Page | |
|---|---|
| Directors’ report | 1 |
| Accountants’ report | 2 |
| Income and expenditure account | 3 |
| Balance sheet | 4 |
| Notes to the financial statements | 6 |
| Detailed income and expenditure account | 9 |
Old Sarum Nursery
(company limited by guarantee)
Directors’ report for the year ended 31 August 2024
The directors present their report with the financial statements for the year ended 31 August 2024.
Directors
The directors shown below have held office during the period from 1 September 2023 to the date of this report.
Mr M Earle Mrs E Gold Mrs S Loader Mr I McLennan Mrs N Moss (appointed 28 February 2024) Mrs K Waters
This report has been prepared in accordance with the special provisions for small companies of the Companies Act 2006.
This report was approved by the directors on 20 May 2025 and signed on their behalf by:
Mr M Earle, Director
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Old Sarum Nursery
(company limited by guarantee)
Chartered Accountants’ Report to the Board of Directors for the preparation of the unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Old Sarum Nursery for the year ended 31 August 2024 which comprise the Income and expenditure account, Balance sheet and the notes to the financial statements from the company’s accounting records and from information and explanations you have given us.
As a 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 within the ICAEW’s regulations and guidance at https://www.icaew.com/regulation.
This report is made solely to the Board of Directors of Old Sarum Nursery, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Old Sarum Nursery and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Old Sarum Nursery and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that Old Sarum Nursery has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and deficit of Old Sarum Nursery. You consider that Old Sarum Nursery 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 Old Sarum Nursery. 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 financial statements.
J Matthiae & Co Limited
Alveus The Causeway Winterslow Salisbury Wiltshire SP5 1QW United Kingdom
Date: 20 May 2025
2
Old Sarum Nursery
(company limited by guarantee)
Income and expenditure account for the year ended 31 August 2024
| Turnover Administrative expenses Deficit for the financial year |
2024 £ 172,661 (181,822) (9,161) |
2023 £ 214,725 (222,547) |
|---|---|---|
| (7,822) |
3
Company registration number: 07915003
Old Sarum Nursery
(company limited by guarantee)
Balance sheet as at 31 August 2024
| Note Fixed assets Tangible assets 4 Current assets Cash at bank and in hand Creditors: amounts falling due within one year Net current assets Total assets less current liabilities NET ASSETS Reserves Income and expenditure account TOTAL RESERVES |
£ 388 |
2024 £ 388 171,026 (483) |
£ 1,578 |
2023 £ 1,578 178,978 (464) |
|---|---|---|---|---|
| 171,026 | 178,978 | |||
| 170,543 | 178,514 | |||
| 170,931 | 180,092 | |||
| 170,931 | 180,092 | |||
| 170,931 | 180,092 | |||
| 170,931 | 180,092 |
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
4
Company registration number: 07915003
Old Sarum Nursery
(company limited by guarantee)
Balance sheet - continued
as at 31 August 2024
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the Board of directors and authorised for issue on 20 May 2025 and signed on its behalf by:
Mr M Earle, Director 20 May 2025
5
Old Sarum Nursery
(company limited by guarantee)
Notes to the financial statements for the year ended 31 August 2024
1 Company information
Old Sarum Nursery is a private company registered in England and Wales. Its registered number is 07915003. The company is limited by guarantee. Its registered office is Old Sarum Primary School, Pheasant Drive, Salisbury, Wiltshire, SP4 6GH.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixed assets: - Fencing 10% straight line - Equipment 20% straight line - Computer equipment 33.33% straight line
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to income and expenditure in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 10 (2023 - 13).
6
Old Sarum Nursery
(company limited by guarantee)
Notes to the financial statements - continued for the year ended 31 August 2024
4 Tangible fixed assets
| Cost At 1 September 2023 At 31 August 2024 Depreciation At 1 September 2023 Charge for year At 31 August 2024 Net book value At 31 August 2024 At 31 August 2023 |
Fixed assets £ 13,793 |
|---|---|
| 13,793 | |
| 12,215 1,190 |
|
| 13,405 | |
| 388 | |
| 1,578 |
7
The detailed income and expenditure account which follows is for information purposes only. It does not form part of the statutory financial statements.
8
Old Sarum Nursery
(company limited by guarantee)
Detailed income and expenditure account for the year ended 31 August 2024
| Turnover Nursery fees Wiltshire Council funding Administrative expenses Rent Salaries Pensions Free school meal vouchers Telephone Post and stationery Advertising Travelling Resources Insurance Licences & subscriptions Repairs and maintenance Waste disposal Cleaning Training Copier leasing Activities Sundry expenses Provisions Skoolkit Accountancy Companies House Staff gifts Bank charges Depn of fencing Depn of equipment Depn of computer equipment Deficit for the financial year |
£ 22,173 150,488 |
2024 £ 172,661 (181,822) |
£ 43,364 171,361 |
2023 £ 214,725 (222,547) |
|---|---|---|---|---|
| 5,260 152,515 5,228 1,775 1,023 940 585 113 2,165 1,225 622 454 1,015 584 516 507 1,016 - 4,513 67 450 34 25 - 944 150 96 |
7,659 183,274 6,394 3,110 907 773 146 14 6,116 1,168 558 767 969 804 838 524 2,310 (1) 3,584 552 550 13 325 3 944 96 150 |
|||
| (9,161) | (7,822) |
This page does not form part of the statutory financial statements.
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