Accounts filed on 31-08-2014

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			Company registration number:04118966
			ANGELS NURSERY LIMITED
			ABBREVIATED FINANCIAL STATEMENTS
			FOR THE YEAR ENDED 31 August 2014

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ANGELS NURSERY LIMITED
BALANCE SHEET
AS AT 31 August 2014
			2014				2013
		Notes	£		£		£		£
FIXED ASSETS
Tangible assets		2			73,588				72,327
					73,588				72,327
CURRENT ASSETS
Debtors			5,134				5,790
Cash at bank and in hand			245,131				210,311
			250,265				216,101
CREDITORS
Amounts falling due within one year			(31,211)				(35,343)
NET CURRENT ASSETS					219,054				180,758
TOTAL ASSETS LESS
CURRENT LIABILITIES					292,642				253,085
PROVISIONS FOR LIABILITIES					(6,631)				(4,604)
NET ASSETS					286,011				248,481
CAPITAL AND RESERVES
Called-up equity share capital		3			2				2
Profit and loss account					286,009				248,479
SHAREHOLDERS FUNDS					286,011				248,481
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 the accounts.
These financial statements have been prepared in accordance with the special provisions relating to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Approved by the board of directors on 26 February 2015 and signed on its behalf.
..........................................................................
L D Walker-Hall
26 February 2015
The annexed notes form part of these financial statements.

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ANGELS NURSERY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2014

1.

Accounting policies

Basis of preparing the financial statements

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

Turnover represents income receivable for goods and services provided in the period, exclusive of Value Added Tax and trade discounts.

Fixed assets

Depreciation has been computed to write off the cost of fixed assets over their expected useful lives at the following rates:-

Fixtures and fittings 20% per annum on reducing balance Computer equipment 50% per annum on reducing balance

Deferred taxation

Deferred tax assets and liabilities have arisen from timing differences between the recognition of gains and losses in the financial statements and their recognition in a tax computation. Full provision is made for all liabilities, and provision is made for assets to the extent that they are considered more likely than not to be recoverable in the foreseeable future. Provision is made using tax rates that are expected to apply in the periods in which the timing differences are expected to reverse, based upon rates enacted at the balance sheet date.

2.	Tangible fixed assets
				Total
	Cost
	At start of period			85,930
	Additions			2,070
	At end of period			88,000
	Depreciation
	At start of period			13,603
	Provided during the period			809
	At end of period			14,412
	Net Book Value
	At start of period			72,327
	At end of period			73,588

3.	Share capital				Allotted, issued and fully paid
					2014	2013
					£	£
	Ordinary shares of £1 each				2	2
	Total issued share capital				2	2
4.	Transactions with directors
	During the year the company paid rent of £21,600 (2013 £21,600) to the directors for the use of land and buildings.
5.	Ultimate controlling party
	There is no ultimate controlling party of the company.