NOAHS ARK NURSERY LIMITED

NOAHS ARK NURSERY LIMITED

NOAHS ARK NURSERY LIMITED - Company Information

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NOAHS ARK NURSERY LIMITED

Company Registration Number:
04713308 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

NOAHS ARK NURSERY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

NOAHS ARK NURSERY LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets: 3 157,500 180,000
Tangible assets: 4 5,450 6,410
Total fixed assets: 162,950 186,410
Current assets
Stocks: 2,815 2,612
Debtors:   25,156 4,772
Cash at bank and in hand: 115,511 96,942
Total current assets: 143,482 104,326
Creditors: amounts falling due within one year:   (74,004) (60,534)
Net current assets (liabilities): 69,478 43,792
Total assets less current liabilities: 232,428 230,202
Creditors: amounts falling due after more than one year:   (74,184) (111,965)
Provision for liabilities:   (1,555)
Total net assets (liabilities): 158,244 116,682
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 157,244 115,682
Shareholders funds: 158,244 116,682

The notes form part of these financial statements

NOAHS ARK NURSERY LIMITED

Balance sheet statements

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 October 2020
and signed on behalf of the board by:

Name: Mr R S Kang
Status: Director

The notes form part of these financial statements

NOAHS ARK NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

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

NOAHS ARK NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 30 32

NOAHS ARK NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Intangible Assets

Total
Cost £
At 01 April 2019 629,225
At 31 March 2020 629,225
Amortisation
At 01 April 2019 449,225
Charge for year 22,500
At 31 March 2020 471,725
Net book value
At 31 March 2020 157,500
At 31 March 2019 180,000

NOAHS ARK NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Tangible Assets

Total
Cost £
At 01 April 2019 30,071
At 31 March 2020 30,071
Depreciation
At 01 April 2019 23,661
Charge for year 960
At 31 March 2020 24,621
Net book value
At 31 March 2020 5,450
At 31 March 2019 6,410

NOAHS ARK NURSERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

5. Financial commitments

At the Balance Sheet date the company had total bank borrowings of £109,653 secured by a charge over properties personally owned by the directors together with a personal guarantee.