IRIS Accounts Production v24.1.0.578 10248235 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh102482352022-07-31102482352023-07-31102482352022-08-012023-07-31102482352021-07-31102482352021-08-012022-07-31102482352022-07-3110248235ns15:EnglandWales2022-08-012023-07-3110248235ns14:PoundSterling2022-08-012023-07-3110248235ns10:Director12022-08-012023-07-3110248235ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3110248235ns10:SmallEntities2022-08-012023-07-3110248235ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3110248235ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3110248235ns10:FullAccounts2022-08-012023-07-3110248235ns10:OrdinaryShareClass12022-08-012023-07-3110248235ns10:Director22022-08-012023-07-3110248235ns10:CompanySecretary12022-08-012023-07-3110248235ns10:RegisteredOffice2022-08-012023-07-3110248235ns5:CurrentFinancialInstruments2023-07-3110248235ns5:CurrentFinancialInstruments2022-07-3110248235ns5:Non-currentFinancialInstruments2023-07-3110248235ns5:Non-currentFinancialInstruments2022-07-3110248235ns5:ShareCapital2023-07-3110248235ns5:ShareCapital2022-07-3110248235ns5:RetainedEarningsAccumulatedLosses2023-07-3110248235ns5:RetainedEarningsAccumulatedLosses2022-07-3110248235ns5:PlantMachinery2022-07-3110248235ns5:FurnitureFittings2022-07-3110248235ns5:ComputerEquipment2022-07-3110248235ns5:PlantMachinery2022-08-012023-07-3110248235ns5:FurnitureFittings2022-08-012023-07-3110248235ns5:ComputerEquipment2022-08-012023-07-3110248235ns5:PlantMachinery2023-07-3110248235ns5:FurnitureFittings2023-07-3110248235ns5:ComputerEquipment2023-07-3110248235ns5:PlantMachinery2022-07-3110248235ns5:FurnitureFittings2022-07-3110248235ns5:ComputerEquipment2022-07-3110248235ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3110248235ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3110248235ns10:OrdinaryShareClass12023-07-31
REGISTERED NUMBER: 10248235 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2023

FOR

STRONG ROOTS CHILDCARE LIMITED

STRONG ROOTS CHILDCARE LIMITED (REGISTERED NUMBER: 10248235)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


STRONG ROOTS CHILDCARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2023







DIRECTORS: S J Langridge
G L Langridge





SECRETARY: G L Langridge





REGISTERED OFFICE: 13 Richardson Close
London Colney
St Albans
Hertfordshire
AL2 1QW





REGISTERED NUMBER: 10248235 (England and Wales)





ACCOUNTANTS: AKS Accounting Services Limited
Chartered Certified Accountants
39 St. Annes Road
London Colney
St Albans
Hertfordshire
AL2 1LQ

STRONG ROOTS CHILDCARE LIMITED (REGISTERED NUMBER: 10248235)

STATEMENT OF FINANCIAL POSITION
31ST JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 761 1,524

CURRENT ASSETS
Cash at bank and in hand 31,050 24,308

CREDITORS
Amounts falling due within one year 5 20,622 11,145
NET CURRENT ASSETS 10,428 13,163
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,189

14,687

CREDITORS
Amounts falling due after more than one year 6 11,083 14,583
NET ASSETS 106 104

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 6 4
SHAREHOLDERS' FUNDS 106 104

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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.

STRONG ROOTS CHILDCARE LIMITED (REGISTERED NUMBER: 10248235)

STATEMENT OF FINANCIAL POSITION - continued
31ST JULY 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 18th April 2024 and were signed on its behalf by:





G L Langridge - Director


STRONG ROOTS CHILDCARE LIMITED (REGISTERED NUMBER: 10248235)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2023


1. STATUTORY INFORMATION

Strong Roots Childcare Limited 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 as the fair value of the consideration received or receivable, excluding discounts and rebates. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Tangible fixed assets 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, using either a straight line or reducing balance method, as indicated below.

Depreciation is provided on the following basis:

Plant and machinery - 25% on cost
Fixtures and fittings - 50% on cost
Computer and Equipment - 50% on cost

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 profit or loss.

STRONG ROOTS CHILDCARE LIMITED (REGISTERED NUMBER: 10248235)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

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 statement of financial position date.


STRONG ROOTS CHILDCARE LIMITED (REGISTERED NUMBER: 10248235)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures Computer
Plant and and and
machinery fittings Equipment Totals
£    £    £    £   
COST
At 1st August 2022
and 31st July 2023 4,050 600 3,130 7,780
DEPRECIATION
At 1st August 2022 2,526 600 3,130 6,256
Charge for year 763 - - 763
At 31st July 2023 3,289 600 3,130 7,019
NET BOOK VALUE
At 31st July 2023 761 - - 761
At 31st July 2022 1,524 - - 1,524

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 7) 3,533 -
Taxation and social security 5,658 6,624
Other creditors 11,431 4,521
20,622 11,145

STRONG ROOTS CHILDCARE LIMITED (REGISTERED NUMBER: 10248235)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2023


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 7) 11,083 14,583

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 11,083 14,583

7. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 3,533 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 11,083 14,583

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100