ALPHA_NURSERIES_LTD - Accounts

ALPHA NURSERIES LTD - Company Information

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Company Registration No. 05507602 (England and Wales)

ALPHA NURSERIES LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2016

LB GROUP

82 East Hill

Colchester

Essex

CO1 2QW

ALPHA NURSERIES LTD

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 5

ALPHA NURSERIES LTD

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2016

- 1 -

2016

2015

Notes

Fixed assets

Intangible assets

137,198

Tangible assets

218,624

190,286

Investments

15,726

371,548

190,286

Current assets

Debtors

412,399

224,388

Cash at bank and in hand

413,882

545,881

826,281

770,269

Creditors: amounts falling due within one year

(129,735)

(210,104)

Net current assets

696,546

560,165

Total assets less current liabilities

1,068,094

750,451

Creditors: amounts falling due after more than one year

(108,981)

(73,245)

Provisions for liabilities

(3,300)

955,813

677,206

Capital and reserves

Called up share capital

101

Profit and loss account

955,712

677,105

Shareholders' funds

955,813

677,206

ALPHA NURSERIES LTD

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 APRIL 2016

- 2 -

For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 20 January 2017

Mr D Finch

Director

Company Registration No. 05507602

ALPHA NURSERIES LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services invoiced in the year .invoiced in the year.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold

5% straight line

Fixtures, fittings & equipment

15% reducing balance

Motor vehicles

25% reducing balance

1.6

Leasing and hire purchase commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

1.7

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.8

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

1.9

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

ALPHA NURSERIES LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2016

- 4 -

Fixed assets

Intangible assets

Tangible assets

Investments

Total

Cost

At 1 May 2015

96,000

201,638

297,638

Additions

171,497

42,617

15,726

229,840

At 30 April 2016

267,497

244,255

15,726

527,478

Depreciation

At 1 May 2015

96,000

11,352

107,352

Charge for the year

34,299

14,279

48,578

At 30 April 2016

130,299

25,631

155,930

Net book value

At 30 April 2016

137,198

218,624

15,726

371,548

At 30 April 2015

190,286

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Seashores Day Nursery Limited

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2016

Principal activity

Seashores Day Nursery Limited

Day care for children

(54,741)

6,095

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £18,644 (2015 - £33,986).

ALPHA NURSERIES LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2016

- 5 -

Creditors: amounts falling due after more than one year

The aggregate amount of creditors for which security has been given amounted to £108,221 (2015 - £68,466).

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

1 B Shares of £1 each

101