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REGISTERED NUMBER: 05807001 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 May 2023

for

Small Steps Day Nursery (Wirral) Ltd

Small Steps Day Nursery (Wirral) Ltd (Registered number: 05807001)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Small Steps Day Nursery (Wirral) Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: M G Grace
Mrs C M Grace





REGISTERED OFFICE: 9 Lang Lane
West Kirby
Wirral
CH48 5HE





REGISTERED NUMBER: 05807001 (England and Wales)





ACCOUNTANTS: Graham & Fisher Limited
T/A Grahams
Chartered Accountants
30 Birkenhead Road
Hoylake
Wirral
CH47 3BW

Small Steps Day Nursery (Wirral) Ltd (Registered number: 05807001)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 91,415 106,392

CURRENT ASSETS
Debtors 5 25,282 10,526
Cash at bank 34,006 17,331
59,288 27,857
CREDITORS
Amounts falling due within one year 6 129,277 97,835
NET CURRENT LIABILITIES (69,989 ) (69,978 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,426

36,414

CREDITORS
Amounts falling due after more than one year 7 20,000 30,000
NET ASSETS 1,426 6,414

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 8 1,424 6,412
SHAREHOLDERS' FUNDS 1,426 6,414

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Small Steps Day Nursery (Wirral) Ltd (Registered number: 05807001)

Balance Sheet - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by:





M G Grace - Director


Small Steps Day Nursery (Wirral) Ltd (Registered number: 05807001)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Small Steps Day Nursery (Wirral) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Toys & play equipment - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 38 (2022 - 41 ) .

Small Steps Day Nursery (Wirral) Ltd (Registered number: 05807001)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 203,135
Additions 589
At 31 May 2023 203,724
DEPRECIATION
At 1 June 2022 96,743
Charge for year 15,566
At 31 May 2023 112,309
NET BOOK VALUE
At 31 May 2023 91,415
At 31 May 2022 106,392

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 520 7,992
Other debtors 24,762 2,534
25,282 10,526

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 10,000 10,000
Payments on account 80,571 67,504
Taxation and social security 22,274 3,603
Other creditors 16,432 16,728
129,277 97,835

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 20,000 30,000

Small Steps Day Nursery (Wirral) Ltd (Registered number: 05807001)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

8. RESERVES
Retained
earnings
£   

At 1 June 2022 6,412
Profit for the year 59,012
Dividends (64,000 )
At 31 May 2023 1,424

9. RELATED PARTY DISCLOSURES

Mr M G Grace and Mrs C M Grace are both directors and shareholders in Small Steps Early Years Ltd. An amount of £21,936 is due from this company at 31 May 2023.

10. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the current and previous accounting periods by the directors.