Company Registration No. 04560589 (England and Wales)
OAK TREE KINDERGARTEN LIMITED
Unaudited accounts
for the year ended 30 September 2020
OAK TREE KINDERGARTEN LIMITED
Unaudited accounts
Contents
OAK TREE KINDERGARTEN LIMITED
Company Information
for the year ended 30 September 2020
Director
Karthika Kaneshanathan
Company Number
04560589 (England and Wales)
Registered Office
108 FAIRMILE LANE
COBHAM
KT11 2BX
ENGLAND
Accountants
Tax Whizz
Regus-Apex House
Calthorpe Road
Birmingham
West Midlands
B15 1TR
OAK TREE KINDERGARTEN LIMITED
Statement of financial position
as at 30 September 2020
Tangible assets
688,416
697,294
Cash at bank and in hand
30,794
7,551
Creditors: amounts falling due within one year
(90,703)
(84,826)
Net current assets
228,166
130,453
Total assets less current liabilities
916,582
827,747
Creditors: amounts falling due after more than one year
(914,791)
(857,842)
Net assets/(liabilities)
1,791
(30,095)
Called up share capital
10,000
10,000
Profit and loss account
(8,209)
(40,095)
Shareholders' funds
1,791
(30,095)
For the year ending 30 September 2020 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 June 2021 and were signed on its behalf by
Karthika Kaneshanathan
Director
Company Registration No. 04560589
OAK TREE KINDERGARTEN LIMITED
Notes to the Accounts
for the year ended 30 September 2020
OAK TREE KINDERGARTEN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04560589. The registered office is 108 FAIRMILE LANE, COBHAM, KT11 2BX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight Line
Plant & machinery
20% Straight Line
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
OAK TREE KINDERGARTEN LIMITED
Notes to the Accounts
for the year ended 30 September 2020
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 October 2019
886,064
145,746
1,031,810
Additions
7,005
2,976
9,981
At 30 September 2020
893,069
148,722
1,041,791
At 1 October 2019
196,801
137,715
334,516
Charge for the year
17,382
1,477
18,859
At 30 September 2020
214,183
139,192
353,375
At 30 September 2020
678,886
9,530
688,416
At 30 September 2019
689,263
8,031
697,294
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Debtors: amounts falling due within one year
2020
2019
Amounts due from group undertakings etc.
-
37,506
Other debtors
3,800
165,922
Debtors: amounts falling due after more than one year
Amounts due from group undertakings etc.
278,960
-
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
34,247
21,970
Other creditors
9,548
8,485
Deferred income
46,727
47,079
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Creditors: amounts falling due after more than one year
2020
2019
Amounts owed to group undertakings and other participating interests
720,467
684,768
Other creditors
144,324
173,074
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000
10,000
OAK TREE KINDERGARTEN LIMITED
Notes to the Accounts
for the year ended 30 September 2020
9
Transactions with related parties
INTEREST PAYABLEAND SIMILAR EXPENSES ON LOANS FROM GROUP
UNDERTAKINGS
Parent company has charged interest at 5.5% per annum, from the beginning of the accounting
period.
Greenacres Nurseries Limited
11
Average number of employees
During the year the average number of employees was 47 (2019: 45).
