Pay My Nanny Limited 08107948 false 2017-07-01 2018-06-30 2018-06-30 The principal activity of the company is the provision of payroll services. Digita Accounts Production Advanced 6.21.8540.0 Software true 08107948 2017-07-01 2018-06-30 08107948 2018-06-30 08107948 core:RetainedEarningsAccumulatedLosses 2018-06-30 08107948 core:ShareCapital 2018-06-30 08107948 core:CurrentFinancialInstruments 2018-06-30 08107948 core:CurrentFinancialInstruments core:WithinOneYear 2018-06-30 08107948 core:FurnitureFittingsToolsEquipment 2018-06-30 08107948 bus:SmallEntities 2017-07-01 2018-06-30 08107948 bus:AuditExemptWithAccountantsReport 2017-07-01 2018-06-30 08107948 bus:FullAccounts 2017-07-01 2018-06-30 08107948 bus:SmallCompaniesRegimeForAccounts 2017-07-01 2018-06-30 08107948 bus:RegisteredOffice 2017-07-01 2018-06-30 08107948 bus:Director1 2017-07-01 2018-06-30 08107948 bus:PrivateLimitedCompanyLtd 2017-07-01 2018-06-30 08107948 core:ComputerEquipment 2017-07-01 2018-06-30 08107948 core:FurnitureFittings 2017-07-01 2018-06-30 08107948 core:FurnitureFittingsToolsEquipment 2017-07-01 2018-06-30 08107948 countries:AllCountries 2017-07-01 2018-06-30 08107948 2017-06-30 08107948 core:FurnitureFittingsToolsEquipment 2017-06-30 08107948 2017-06-30 08107948 core:RetainedEarningsAccumulatedLosses 2017-06-30 08107948 core:ShareCapital 2017-06-30 08107948 core:CurrentFinancialInstruments 2017-06-30 08107948 core:CurrentFinancialInstruments core:WithinOneYear 2017-06-30 08107948 core:FurnitureFittingsToolsEquipment 2017-06-30 iso4217:GBP

Registration number: 08107948

Pay My Nanny Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2018

 

Pay My Nanny Limited

Contents

Balance Sheet

1

Notes to the Financial Statements

2 to 3

 

Pay My Nanny Limited

(Registration number: 08107948)
Balance Sheet as at 30 June 2018

Note

2018
£

2017
£

Fixed assets

 

Tangible assets

3

574

115

Current assets

 

Debtors

4

1,678

1,333

Cash at bank and in hand

 

28,412

10,658

 

30,090

11,991

Creditors: Amounts falling due within one year

5

(6,656)

(4,024)

Net current assets

 

23,434

7,967

Net assets

 

24,008

8,082

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

23,908

7,982

Total equity

 

24,008

8,082

For the financial year ending 30 June 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 12 November 2018
 

.........................................

H J Whitten
Director

 

Pay My Nanny Limited

Notes to the Financial Statements for the Year Ended 30 June 2018

1

General information

The company is a private company limited by share capital, incorporated in England and Wales..

The address of its registered office is:
2nd Floor Office Suite
The Welsh Mill
Park Hill Drive
Frome
Somerset
BA11 2LE

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

Tax

The tax expense for the period comprises current tax, which is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office furniture

25% on reducing balance

Computer equipment

25% on cost

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business, and are recognised initially at the transaction price.

 

Pay My Nanny Limited

Notes to the Financial Statements for the Year Ended 30 June 2018

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers, and are recognised initially at the transaction price.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 July 2017

458

458

Additions

765

765

At 30 June 2018

1,223

1,223

Depreciation

At 1 July 2017

343

343

Charge for the year

306

306

At 30 June 2018

649

649

Net book value

At 30 June 2018

574

574

At 30 June 2017

115

115

4

Debtors

2018
£

2017
£

Trade debtors

1,678

1,333

1,678

1,333

5

Creditors

Amounts falling due within one year

2018
£

2017
£

Due within one year

Trade creditors

2,088

1,731

Other creditors

612

552

Corporation tax

3,956

1,741

6,656

4,024