Abbreviated Company Accounts - ALPHA NURSERIES LTD

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Leasehold Property - 5% straight line
Fixtures, Fittings & Equipment - 15% reducing balance

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - over 2 years

Other accounting policies
Consolidation

In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.

Fixed assets

All fixed assets are initially recorded at cost.

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.

ULTIMATE PARENT COMPANY

The ultimate parent Company of Alpha Nurseries Limited is Cephas Care Limited, a Company incorporated in England and Wales, which owns the whole of the issued share capital of the Company.

4Fixed assets Investments
During the year the entire share capital of Safe Hands Day Nursery (Diss) Limited was purchased by Alpha Nurseries Limited. At 30 April 2014, the capital and reserves of Safe Hands Day Nursery (Diss) Limited amounted to £Nil and the company made a loss in the year of £43,425.