JOY! CHILDCARE LTD

Company Registration Number:
13221369 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

JOY! CHILDCARE LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

JOY! CHILDCARE LTD

Company Information

for the Period Ended 31 March 2023




Director: H.C Ohman
Registered office: 31b
St. Helens Gardens
London
GBR
W10 6LN
Company Registration Number: 13221369 (England and Wales)

JOY! CHILDCARE LTD

Balance sheet

As at 31 March 2023


Notes

2023
£
13 months to
31 Mar 2022
£
Fixed assets
Tangible assets: 4 549 732
Total fixed assets: 549 732
Current assets
Cash at bank and in hand: 17,004 2,277
Total current assets: 17,004 2,277
Prepayments and accrued income: 800
Creditors: amounts falling due within one year: 5 ( 17,549 ) ( 3,808 )
Net current assets (liabilities): ( 545 ) ( 731 )
Total assets less current liabilities: 4 1
Total net assets (liabilities): 4 1

The notes form part of these financial statements

JOY! CHILDCARE LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£
13 months to
31 Mar 2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 3 0
Shareholders funds: 4 1

For the year ending 31 March 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 October 2023
And Signed On Behalf Of The Board By:

Name: H.C Ohman
Status: Director

The notes form part of these financial statements

JOY! CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Turnover is recognised when the services are provided.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

    Fixtures and Equipment - over 5 years on cost

    Other accounting policies

    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 balance sheet date.

JOY! CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023
    13 months to
    31 Mar 2022
    Average number of employees during the period 1 1

JOY! CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

JOY! CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2022 915 915
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2023 915 915
Depreciation
At 01 April 2022 183 183
Charge for year 183 183
On disposals - -
Other adjustments - -
At 31 March 2023 366 366
Net book value
At 31 March 2023 549 549
At 31 March 2022 732 732

Depreciation is charged over the expected useful life of the equipment on a straight-line basis over 5 years.

JOY! CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5.Creditors: amounts falling due within one year note


2023
£
13 months to
31 Mar 2022
£
Accruals and deferred income 1,050 250
Other creditors 16,499 3,558
Total 17,549 3,808

As at the year ended 31st March 2023, the company owed the director H.C. Ohman £15,014 (2022: £3,331) which is included within Other Creditors. This amount attracts interest at 10% and is repayable on demand.

JOY! CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.1.Related party disclosures

Name of related party: H.C Ohman
Description of relationship:
H.C Ohman is the sole owner and director of the company since it's incorporation.
Description of the transaction:
During the year, the company was charged interest at 10% £1,500 (2022: £320) on the Directors Loan account balance £15,014 (2022: £3,331). The Directors Loan account balance is repayable on demand and included within Other Creditors.
Balance at 01 April 2022 3,331
Balance at 31 March 2023 15,014