Registered Number 01422949

ACORN NURSERY SCHOOLS LIMITED(THE)

Abbreviated Accounts

31 August 2014

ACORN NURSERY SCHOOLS LIMITED(THE) Registered Number 01422949

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 443,228 442,433
Investments 3 1,390 1,390
444,618 443,823
Current assets
Debtors 6,216 3,693
Cash at bank and in hand 1,415,593 1,219,074
1,421,809 1,222,767
Creditors: amounts falling due within one year (260,988) (239,763)
Net current assets (liabilities) 1,160,821 983,004
Total assets less current liabilities 1,605,439 1,426,827
Creditors: amounts falling due after more than one year (67,000) (53,000)
Provisions for liabilities (1,264) (651)
Total net assets (liabilities) 1,537,175 1,373,176
Capital and reserves
Called up share capital 111 111
Profit and loss account 1,537,064 1,373,065
Shareholders' funds 1,537,175 1,373,176
  • For the year ending 31 August 2014 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.

Approved by the Board on 2 June 2015

And signed on their behalf by:
MRS J CAMERON, Director
A E CAMERON, Director

ACORN NURSERY SCHOOLS LIMITED(THE) Registered Number 01422949

Notes to the Abbreviated Accounts for the period ended 31 August 2014

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
Turnover represents the value of goods sold and services provided during the year (stated net of value added tax).

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

Leasehold premises - 0% per annum
Fittings and equipment - 20% per annum
Computer equipment - 20% per annum
Motor vehicles - 25% per annum

2Tangible fixed assets
£
Cost
At 1 September 2013 531,991
Additions 6,320
Disposals (22,099)
Revaluations -
Transfers -
At 31 August 2014 516,212
Depreciation
At 1 September 2013 89,558
Charge for the year -
On disposals (16,574)
At 31 August 2014 72,984
Net book values
At 31 August 2014 443,228
At 31 August 2013 442,433

3Fixed assets Investments
This represents shares in a company incorporated in the United Kingdom which owns the freehold of 2 Lansdowne Crescent London W11.