Accounts Submission

Accounts Submission

CLAYLANDS PRIVATE NURSERY LIMITED - Company Information

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CLAYLANDS PRIVATE NURSERY LIMITED

Company Registration Number:
SC236572 (Scotland)

Unaudited statutory accounts for the year ended 29 February 2020

Period of accounts

Start date: 01 March 2019

End date: 29 February 2020

Page 1

CLAYLANDS PRIVATE NURSERY LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2020

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Page 2

CLAYLANDS PRIVATE NURSERY LIMITED

Company Information

for the Period Ended 29 February 2020




Director: Jane Gilburt
Registered office: Claylands Farm
Claylands Road
Nr Newbridge
GB-SCT
EH28 8LZ
Company Registration Number: SC236572 (Scotland)

Page 3

CLAYLANDS PRIVATE NURSERY LIMITED

Directors' Report Period Ended 29 February 2020

The directors present their report with the financial statements of the company for the period ended 29 February 2020

Principal Activities

The principal activity of was the supply of private nursery provision.

Political and charitable donations

There were none of these in the year

Company policy on the employment of disabled persons

The Policy was that all employees were given equal consideration.

Directors

The directors shown below have held office during the whole of the period from 01 March 2019 to 29 February 2020
Jane Gilburt

This report was approved by the board of directors on 9 October 2020
And Signed On Behalf Of The Board By:

Name: Jane Gilburt
Status: Director

Page 4

CLAYLANDS PRIVATE NURSERY LIMITED

Profit and Loss Account

for the Period Ended 29 February 2020


Notes
2020
£
2019
£
Turnover 567,036 560,237
Cost of sales ( 59,572 ) ( 13,257 )
Gross Profit or (Loss) 507,464 546,980
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 486,339 ) ( 531,367 )
Other operating income 0 0
Operating Profit or (Loss) 21,125 15,613
Interest Receivable and Similar Income 220 191
Interest Payable and Similar Charges ( 9,782 ) ( 8,252 )
Profit or (Loss) Before Tax 11,563 7,552
Tax on Profit ( 1,994 ) ( 916 )
Profit or (Loss) for Period 9,569 6,636

The notes form part of these financial statements

Page 5

CLAYLANDS PRIVATE NURSERY LIMITED

Balance sheet

As at 29 February 2020


Notes
2020
£
2019
£
Fixed assets
Tangible assets: 4 785,891 787,290
Total fixed assets: 785,891 787,290
Current assets
Stocks: 0 0
Debtors: 5 178,271 167,131
Cash at bank and in hand: 12,062 25,811
Total current assets: 190,333 192,942
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 389,072 ) ( 425,978 )
Net current assets (liabilities): ( 198,739 ) ( 233,036 )
Total assets less current liabilities: 587,152 554,254
Creditors: amounts falling due after more than one year: 7 ( 271,807 ) ( 248,479 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 315,345 305,775

The notes form part of these financial statements

Page 6

CLAYLANDS PRIVATE NURSERY LIMITED

Balance sheet continued

As at 29 February 2020


Notes
2020
£
2019
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 315,343 305,773
Shareholders funds: 315,345 305,775

For the year ending 29 February 2020 the company was entitled to exemption 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.

This report was approved by the board of directors on 9 October 2020
And Signed On Behalf Of The Board By:

Name: Jane Gilburt
Status: Director

The notes form part of these financial statements

Page 7

CLAYLANDS PRIVATE NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2020

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Page 8

CLAYLANDS PRIVATE NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2020

  • 2. Employees


    2020
    2019
    Average number of employees during the period 25 25

Page 9

CLAYLANDS PRIVATE NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2020

  • 3. Off balance sheet disclosure

    No

Page 10

CLAYLANDS PRIVATE NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2020

4. Tangible assets

Land & buildings Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £ £
At 01 March 2019 780,302 32,366 29,126 49,481 891,275
Additions 0 0 1,106 0 1,106
Disposals ( 0 ) ( 0 ) ( 0 ) ( 0 ) ( 0 )
Revaluations 0 0 0 0 0
Transfers 0 0 0 0 0
At 29 February 2020 780,302 32,366 30,232 49,481 892,381
Depreciation
At 01 March 2019 0 25,378 29,126 49,481 103,985
Charge for year 0 1,398 1,106 0 2,504
On disposals ( 0 ) ( 0 ) ( 0 ) ( 0 ) ( 0 )
Other adjustments 0 0 1 0 1
At 29 February 2020 0 26,776 30,233 49,481 106,490
Net book value
At 29 February 2020 780,302 5,590 ( 1 ) 0 785,891
At 28 February 2019 780,302 6,988 0 0 787,290

Page 11

CLAYLANDS PRIVATE NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2020

5. Debtors


2020
£
2019
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 178,271 167,131
Total 178,271 167,131
Debtors due after more than one year: 0 0

Page 12

CLAYLANDS PRIVATE NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2020

6.Creditors: amounts falling due within one year note


2020
£
2019
£
Bank loans and overdrafts 123,196 94,902
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 10,255 6,995
Accruals and deferred income 227,298 311,082
Other creditors 28,323 12,999
Total 389,072 425,978

Page 13

CLAYLANDS PRIVATE NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2020

7.Creditors: amounts falling due after more than one year


2020
£
2019
£
Bank loans and overdrafts 271,807 248,479
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 271,807 248,479

Page 14

CLAYLANDS PRIVATE NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2020

8. Revaluation reserve


2020
£
Balance at 29 February 2020 0

Page 15