Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30true2022-07-01falseABC1110trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06927166 2022-07-01 2023-06-30 06927166 2021-07-01 2022-06-30 06927166 2023-06-30 06927166 2022-06-30 06927166 2021-07-01 06927166 c:Director1 2022-07-01 2023-06-30 06927166 d:OfficeEquipment 2022-07-01 2023-06-30 06927166 d:OfficeEquipment 2023-06-30 06927166 d:OfficeEquipment 2022-06-30 06927166 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 06927166 d:Goodwill 2023-06-30 06927166 d:Goodwill 2022-06-30 06927166 d:CurrentFinancialInstruments 2023-06-30 06927166 d:CurrentFinancialInstruments 2022-06-30 06927166 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 06927166 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 06927166 d:ShareCapital 2023-06-30 06927166 d:ShareCapital 2022-06-30 06927166 d:RetainedEarningsAccumulatedLosses 2023-06-30 06927166 d:RetainedEarningsAccumulatedLosses 2022-06-30 06927166 c:FRS102 2022-07-01 2023-06-30 06927166 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 06927166 c:FullAccounts 2022-07-01 2023-06-30 06927166 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 06927166 d:WithinOneYear 2023-06-30 06927166 d:WithinOneYear 2022-06-30 06927166 d:BetweenOneFiveYears 2023-06-30 06927166 d:BetweenOneFiveYears 2022-06-30 06927166 d:MoreThanFiveYears 2023-06-30 06927166 d:MoreThanFiveYears 2022-06-30 06927166 2 2022-07-01 2023-06-30 06927166 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 06927166 d:AcceleratedTaxDepreciationDeferredTax 2022-06-30 06927166 e:PoundSterling 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 06927166









THE MEADOWS PRE-SCHOOL NURSERY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

 
THE MEADOWS PRE-SCHOOL NURSERY LIMITED
REGISTERED NUMBER: 06927166

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
-

Tangible assets
 5 
475
1,108

  
475
1,108

Current assets
  

Debtors: amounts falling due within one year
 6 
1,919
1,685

Cash at bank and in hand
  
83,291
90,884

  
85,210
92,569

Creditors: amounts falling due within one year
 7 
(26,387)
(23,995)

Net current assets
  
 
 
58,823
 
 
68,574

Total assets less current liabilities
  
59,298
69,682

Provisions for liabilities
  

Deferred tax
 8 
(119)
(277)

Net assets
  
59,179
69,405


Capital and reserves
  

Called up share capital 
  
20
20

Profit and loss account
  
59,159
69,385

  
59,179
69,405


Page 1

 
THE MEADOWS PRE-SCHOOL NURSERY LIMITED
REGISTERED NUMBER: 06927166
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 March 2024.




Mrs C Loveday
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
THE MEADOWS PRE-SCHOOL NURSERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

The Meadows Pre-School Nursery Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is Meadows Pre-School Nursery Limited, Ross Close, Saffron Walden, Essex, CB11 4DU.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, provided on the following annual basis:

Furniture and equipment
-
15% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of income and retained earnings.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
THE MEADOWS PRE-SCHOOL NURSERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. 

 
2.10

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.11

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
THE MEADOWS PRE-SCHOOL NURSERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.12

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

The average monthly number of employees, including the director, during the year was 11 (2022 - 10).

Page 5

 
THE MEADOWS PRE-SCHOOL NURSERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Intangible assets




Goodwill

£



Cost


At 1 July 2022
30,294



At 30 June 2023

30,294



Amortisation


At 1 July 2022
30,294



At 30 June 2023

30,294



Net book value



At 30 June 2023
-



At 30 June 2022
-



Page 6

 
THE MEADOWS PRE-SCHOOL NURSERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Tangible fixed assets





Furniture & equipment

£



Cost 


At 1 July 2022
29,145



At 30 June 2023

29,145



Depreciation


At 1 July 2022
28,037


Charge for the year on owned assets
633



At 30 June 2023

28,670



Net book value



At 30 June 2023
475



At 30 June 2022
1,108


6.


Debtors

2023
2022
£
£


Other debtors
20
20

Prepayments
1,899
1,665

1,919
1,685


Page 7

 
THE MEADOWS PRE-SCHOOL NURSERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
12,074
12,794

Other taxation and social security
2,631
2,067

Other creditors
7,287
3,500

Accruals
4,395
5,634

26,387
23,995



8.


Deferred taxation




2023
2022


£

£






At beginning of year
277
345


Credited to profit or loss
(158)
(68)



At end of year
119
277

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
119
277


9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £3,860 (2022 - £3,287). There were no amounts outstanding at the year end.

Page 8

 
THE MEADOWS PRE-SCHOOL NURSERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

10.


Commitments under operating leases

At 30 June 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
10,000
10,000

Later than 1 year and not later than 5 years
40,000
40,000

Later than 5 years
70,000
80,000

120,000
130,000

 
Page 9