Company Registration No. 05042560 (England and Wales)
Parsonage Farm Day Care Nursery Limited
Unaudited accounts
for the year ended 31 March 2021
Parsonage Farm Day Care Nursery Limited
Unaudited accounts
Contents
Parsonage Farm Day Care Nursery Limited
Company Information
for the year ended 31 March 2021
Directors
Caron Trohear
Angus James Walker
Company Number
05042560 (England and Wales)
Registered Office
PARSONAGE FARM DAY NURSERY CHURCH STREET
TICEHURST
WADHURST
EAST SUSSEX
TN5 7DL
Accountants
Blue Arrow Accounting Limited
Sunnybank House
High Street
Mayfield
East Sussex
TN20 6AA
Parsonage Farm Day Care Nursery Limited
Statement of financial position
as at
31 March 2021
Tangible assets
3,544
3,308
Cash at bank and in hand
85,704
9,466
Creditors: amounts falling due within one year
(18,136)
(31,380)
Net current assets/(liabilities)
81,735
(11,352)
Total assets less current liabilities
85,279
(8,044)
Creditors: amounts falling due after more than one year
(50,000)
-
Net assets/(liabilities)
35,279
(8,044)
Called up share capital
200
200
Profit and loss account
35,079
(8,244)
Shareholders' funds
35,279
(8,044)
For the year ending 31 March 2021 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 8 September 2021 and were signed on its behalf by
Caron Trohear
Director
Company Registration No. 05042560
Parsonage Farm Day Care Nursery Limited
Notes to the Accounts
for the year ended 31 March 2021
Parsonage Farm Day Care Nursery Limited is a private company, limited by shares, registered in England and Wales, registration number 05042560. The registered office is PARSONAGE FARM DAY NURSERY CHURCH STREET, TICEHURST, WADHURST, EAST SUSSEX, TN5 7DL.
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:
Land & buildings
15% Straight Line
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
33.3% Straight Line
Computer equipment
33.3% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2020
2,600
44,861
16,159
5,577
69,197
Additions
-
-
354
1,312
1,666
At 31 March 2021
2,600
44,861
16,513
6,889
70,863
At 1 April 2020
2,600
42,092
15,877
5,320
65,889
Charge for the year
-
693
214
523
1,430
At 31 March 2021
2,600
42,785
16,091
5,843
67,319
At 31 March 2021
-
2,076
422
1,046
3,544
At 31 March 2020
-
2,769
282
257
3,308
Parsonage Farm Day Care Nursery Limited
Notes to the Accounts
for the year ended 31 March 2021
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
2,194
2,194
Other debtors
11,773
8,368
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
-
1,339
Trade creditors
1,702
3,184
Taxes and social security
23,697
15,153
Other creditors
6,935
6,015
Loans from directors
(14,198)
4,501
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 20 (2020: 22).