Daffodil Day Nurseries Limited - Period Ending 2015-03-31

Registration number: 04157914

Daffodil Day Nurseries Limited

Unaudited Abbreviated Accounts

FOR THE Year Ended 31 March 2015
 

Daffodil Day Nurseries Limited
Contents

			Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Daffodil Day Nurseries Limited
(Registration number: 04157914)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					118,486			115,546
Current assets
Debtors					45,984			41,375
Cash at bank and in hand					21,808			21,694
					67,792			63,069
Creditors: Amounts falling due within one year					(15,150)			(13,907)
Net current assets					52,642			49,162
Total assets less current liabilities					171,128			164,708
Provisions for liabilities					(7,036)			(5,670)
Net assets					164,092			159,038
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					164,090			159,036
Shareholders' funds					164,092			159,038

For the year ending 31 March 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Approved by the director on 22 September 2015

.........................................
J M R Sail
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Daffodil Day Nurseries Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Freehold land and buildings	4% straight line
Fixtures and fittings	25% reducing balance and 25% straight line
Office equipment	25% reducing balance and 25% straight line

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Page 2

Daffodil Day Nurseries Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2014		205,469			205,469
Additions		11,507			11,507
At 31 March 2015		216,976			216,976
Depreciation
At 1 April 2014		89,923			89,923
Charge for the year		8,567			8,567
At 31 March 2015		98,490			98,490
Net book value
At 31 March 2015		118,486			118,486
At 31 March 2014		115,546			115,546

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

4	Related party transactions

Director's advances and credits

	2015 Advance/ Credit £	2015 Repaid £	2014 Advance/ Credit £	2014 Repaid £
J M R Sail
	4,217	-	30,217	30,217

Page 3