Little Angels Pre School (Swadlincote) Limited 08084959 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is pre-primary education Digita Accounts Production Advanced 6.30.9574.0 true true 08084959 2022-04-01 2023-03-31 08084959 2023-03-31 08084959 bus:OrdinaryShareClass1 2023-03-31 08084959 core:CurrentFinancialInstruments 2023-03-31 08084959 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 08084959 core:FurnitureFittingsToolsEquipment 2023-03-31 08084959 bus:SmallEntities 2022-04-01 2023-03-31 08084959 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08084959 bus:FullAccounts 2022-04-01 2023-03-31 08084959 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 08084959 bus:RegisteredOffice 2022-04-01 2023-03-31 08084959 bus:Director1 2022-04-01 2023-03-31 08084959 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 08084959 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08084959 core:FurnitureFittings 2022-04-01 2023-03-31 08084959 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 08084959 core:OfficeEquipment 2022-04-01 2023-03-31 08084959 countries:England 2022-04-01 2023-03-31 08084959 2022-03-31 08084959 core:FurnitureFittingsToolsEquipment 2022-03-31 08084959 2021-04-01 2022-03-31 08084959 2022-03-31 08084959 bus:OrdinaryShareClass1 2022-03-31 08084959 core:CurrentFinancialInstruments 2022-03-31 08084959 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 08084959 core:FurnitureFittingsToolsEquipment 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08084959

Little Angels Pre School (Swadlincote) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2023

 

Little Angels Pre School (Swadlincote) Limited

(Registration number: 08084959)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

4,987

4,774

Current assets

 

Debtors

5

776

6,087

Cash at bank and in hand

 

2,116

1,056

 

2,892

7,143

Creditors: Amounts falling due within one year

6

(67,996)

(62,819)

Net current liabilities

 

(65,104)

(55,676)

Total assets less current liabilities

 

(60,117)

(50,902)

Provisions for liabilities

(948)

(955)

Net liabilities

 

(61,065)

(51,857)

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

(61,165)

(51,957)

Shareholders' deficit

 

(61,065)

(51,857)

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 October 2023 and signed on its behalf by:
 

.........................................
Sonny Milsom-Waters
Director

 

Little Angels Pre School (Swadlincote) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

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

The address of its registered office is:
Old Post Centre
High Street
Newhall
Swadlincote
Derbyshire
DE11 0HX

These financial statements were authorised for issue by the Board on 16 October 2023.

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Little Angels Pre School (Swadlincote) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

20% reducing balance

Furniture and fittings

20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2022 - 5).

 

Little Angels Pre School (Swadlincote) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

4

tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2022

14,276

14,276

Additions

1,461

1,461

At 31 March 2023

15,737

15,737

Depreciation

At 1 April 2022

9,503

9,503

Charge for the year

1,247

1,247

At 31 March 2023

10,750

10,750

Carrying amount

At 31 March 2023

4,987

4,987

At 31 March 2022

4,774

4,774

5

debtors

Current

2023
£

2022
£

Trade debtors

-

5,464

Prepayments

676

623

Other debtors

100

-

 

776

6,087

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

72

-

Taxation and social security

246

247

Accruals and deferred income

473

455

Other creditors

67,205

62,117

67,996

62,819

 

Little Angels Pre School (Swadlincote) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary share of £1 each

100

100

100

100