Northumbrian Trust Day Nurseries Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03162423 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Northumbrian Trust Day Nurseries Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

Report of the Accountants

6

DIRECTORS:

J P Gould

E Gould

J J Gould

SECRETARY:

J P Gould

REGISTERED OFFICE:

301 Chillingham Road

Heaton

Newcastle upon Tyne

NE6 5SB

REGISTERED NUMBER:

03162423 (England and Wales)

ACCOUNTANTS:

Kinsey Jones Chartered Accountants

4 Lansdowne Terrace

Gosforth

Newcastle on Tyne

Tyne and Wear

NE3 1HN

FIXED ASSETS

Intangible assets

2

47,586

55,211

Tangible assets

3

1,448,902

717,061

1,496,488

772,272

CURRENT ASSETS

Debtors

77,826

33,611

Cash at bank and in hand

28,504

11,052

106,330

44,663

CREDITORS

Amounts falling due within one year

4

142,849

126,651

NET CURRENT LIABILITIES

(36,519

)

(81,988

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,459,969

690,284

CREDITORS

Amounts falling due after more than one year

4

198,275

223,732

NET ASSETS

1,261,694

466,552

CAPITAL AND RESERVES

Called up share capital

5

30,000

30,000

Revaluation reserve

1,136,969

396,149

Profit and loss account

94,725

40,403

SHAREHOLDERS' FUNDS

1,261,694

466,552

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 6 May 2015 and were signed on its behalf by:

J P Gould - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by

the revaluation of certain assets and in accordance with the Financial Reporting Standard for

Smaller Entities (effective April 2008).

Turnover

Turnover represents invoiced Nursery Fee income and Training income.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

162,499

AMORTISATION

At 1 January 2014

107,288

Amortisation for year

7,625

At 31 December 2014

114,913

NET BOOK VALUE

At 31 December 2014

47,586

At 31 December 2013

55,211

3.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 January 2014

1,205,555

Additions

14,999

Disposals

(13,361

)

At 31 December 2014

1,207,193

DEPRECIATION

At 1 January 2014

488,494

Charge for year

23,421

Eliminated on disposal

(12,804

)

Revaluation adjustments

(740,820

)

At 31 December 2014

(241,709

)

NET BOOK VALUE

At 31 December 2014

1,448,902

At 31 December 2013

717,061

4.

CREDITORS

Creditors include an amount of £ 10,529 for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

1,000

Ordinary

£30

30,000

30,000

6.	ULTIMATE PARENT COMPANY

The company's ultimate parent undertaking is Crossco (991) Limited, a company registered in

England and Wales, which is under the control of Mr JP Gould.

.

The following reproduces the text of the report prepared for the directors in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages two to five) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2014 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Kinsey Jones Chartered Accountants

4 Lansdowne Terrace

Gosforth

Newcastle on Tyne

Tyne and Wear

NE3 1HN

11 May 2015