REGISTERED NUMBER: |
Oak Tree Day Nursery (London) Limited |
Abridged Unaudited Financial Statements |
for the Year Ended 31 March 2018 |
REGISTERED NUMBER: |
Oak Tree Day Nursery (London) Limited |
Abridged Unaudited Financial Statements |
for the Year Ended 31 March 2018 |
Oak Tree Day Nursery (London) Limited (Registered number: 05136266) |
Contents of the Financial Statements |
for the year ended 31 March 2018 |
Page |
Company Information | 1 |
Chartered Accountants' Report | 2 |
Statement of Financial Position | 3 |
Notes to the Financial Statements | 5 |
Oak Tree Day Nursery (London) Limited |
Company Information |
for the year ended 31 March 2018 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
239-241 Kennington Lane |
London |
SE11 5QU |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Oak Tree Day Nursery (London) Limited |
The following reproduces the text of the report prepared for the directors in respect of the company's |
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is |
only required to file a Statement of Financial Position. Readers are cautioned that the Abridged |
Income Statement and certain other primary statements and the Report of the Directors are not |
required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your |
approval the financial statements of Oak Tree Day Nursery (London) Limited for the year ended |
31 March 2018 which comprise the Abridged Statement of Income and Retained Earnings, Statement of |
Financial Position and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Oak Tree Day Nursery (London) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Oak Tree Day Nursery (London) Limited and state those matters that we have agreed to state to the Board of Directors of Oak Tree Day Nursery (London) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oak Tree Day Nursery (London) Limited and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Oak Tree Day Nursery (London) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Oak Tree Day Nursery (London) Limited. You consider that Oak Tree Day Nursery (London) Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Oak Tree Day Nursery (London) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
239-241 Kennington Lane |
London |
SE11 5QU |
Oak Tree Day Nursery (London) Limited (Registered number: 05136266) |
Statement of Financial Position |
31 March 2018 |
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Property, plant and equipment | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 8 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings | 10 |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Oak Tree Day Nursery (London) Limited (Registered number: 05136266) |
Statement of Financial Position - continued |
31 March 2018 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors on its behalf by: |
Oak Tree Day Nursery (London) Limited (Registered number: 05136266) |
Notes to the Financial Statements |
for the year ended 31 March 2018 |
1. | STATUTORY INFORMATION |
Oak Tree Day Nursery (London) Limited is a |
England and Wales. The company's registered number and registered office address can be found on |
the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents total invoiced fees of services. |
Turnover is generated from the ordinary activities of the business and recognised when fees are |
received for services. |
Trade mark registration costs |
Trade mark usually have an indefinite life and are therefore not amortised. |
Tangible fixed assets |
Improvements to property | - |
Plant and machinery | - |
Fixtures and fittings | - |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, |
except to the extent that it relates to items recognised in other comprehensive income or directly in |
equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been |
enacted or substantively enacted by the statement of financial position date. |
Oak Tree Day Nursery (London) Limited (Registered number: 05136266) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2018 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the statement of financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods |
different from those in which they are recognised in financial statements. Deferred tax is measured |
using tax rates and laws that have been enacted or substantively enacted by the year end and that are |
expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable |
that they will be recovered against the reversal of deferred tax liabilities or other future taxable |
profits. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the |
company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
At 1 April 2017 |
and 31 March 2018 |
NET BOOK VALUE |
At 31 March 2018 |
At 31 March 2017 |
Oak Tree Day Nursery (London) Limited (Registered number: 05136266) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2018 |
5. | PROPERTY, PLANT AND EQUIPMENT |
Improvements | Fixtures |
to | Plant and | and |
property | machinery | fittings | Totals |
£ | £ | £ | £ |
COST |
At 1 April 2017 |
Additions |
At 31 March 2018 |
DEPRECIATION |
At 1 April 2017 |
Charge for year |
At 31 March 2018 |
NET BOOK VALUE |
At 31 March 2018 |
At 31 March 2017 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
8. | PROVISIONS FOR LIABILITIES |
2018 | 2017 |
£ | £ |
Deferred tax | 10,122 | 9,498 |
Oak Tree Day Nursery (London) Limited (Registered number: 05136266) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2018 |
8. | PROVISIONS FOR LIABILITIES - continued |
Deferred |
tax |
£ |
Balance at 1 April 2017 |
Charge to Abridged Income Statement during year |
Balance at 31 March 2018 |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2018 | 2017 |
value: | £ | £ |
Ordinary | £1 | 1,000 | 1,000 |
10. | RESERVES |
Retained |
earnings |
£ |
At 1 April 2017 |
Profit for the year |
Dividends | ( |
) |
At 31 March 2018 |
11. | RELATED PARTY DISCLOSURES |
1.During the year the company paid £87,308 as premises rent to directors. |
2. Company owe to directors £46,231at balance sheet date. This is an interest free loan and payable on |
demand (included in other creditors-note 10). |