Company Registration No. 04071171 (England and Wales)
The Village Community Nursery
Unaudited accounts
for the year ended 31 August 2019
The Village Community Nursery
Unaudited accounts
Contents
The Village Community Nursery
Company Information
for the year ended 31 August 2019
Directors
W Sharples
S Batool
Dr I Wali
Company Number
04071171 (England and Wales)
Registered Office
St Peters Urban Village Trust
College Road
Birmingham
B8 3TE
Accountants
James & Co Consultants Ltd
116 Oscott School Lane
Birmingham
B44 9EN
The Village Community Nursery
Statement of financial position
as at
31 August 2019
Tangible assets
77,663
91,866
Cash at bank and in hand
16,709
55,373
Creditors: amounts falling due within one year
(1,306)
(20,891)
Net current assets
23,393
63,438
Net assets
101,056
155,304
Capital contribution reserve
77,510
91,662
Profit and loss account
23,546
63,642
Members' funds
101,056
155,304
For the year ending 31 August 2019 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 directors acknowledge their 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 of Directors and authorised for issue on 18 July 2020 and were signed on its behalf by
W Sharples
Director
Company Registration No. 04071171
The Village Community Nursery
Notes to the Accounts
for the year ended 31 August 2019
The Village Community Nursery is a private company, limited by guarantee, registered in England and Wales, registration number 04071171. The registered office and principal place of business is St Peters Urban Village Trust, College Road, Birmingham, B8 3TE.
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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:
Land & buildings
5% straight line
Fixtures & fittings
25% reducing balance
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2018
237,990
113,883
351,873
At 31 August 2019
237,990
113,883
351,873
At 1 September 2018
155,336
104,671
260,007
Charge for the year
11,900
2,303
14,203
At 31 August 2019
167,236
106,974
274,210
At 31 August 2019
70,754
6,909
77,663
At 31 August 2018
82,654
9,212
91,866
The Village Community Nursery
Notes to the Accounts
for the year ended 31 August 2019
Accrued income and prepayments
1,292
4,459
Other debtors
6,698
2,013
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Creditors: amounts falling due within one year
2019
2018
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Company limited by guarantee
The company is limited by guarantee and has no share capital. The company is a registered charity, charity number 04071171.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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Average number of employees
During the year the average number of employees was 10 (2018: 16).