IRIS Accounts Production v23.1.5.20 SC406999 director 1.10.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4069992022-09-30SC4069992023-07-31SC4069992022-10-012023-07-31SC4069992021-09-30SC4069992021-10-012022-09-30SC4069992022-09-30SC406999ns15:Scotland2022-10-012023-07-31SC406999ns14:PoundSterling2022-10-012023-07-31SC406999ns10:Director12022-10-012023-07-31SC406999ns10:PrivateLimitedCompanyLtd2022-10-012023-07-31SC406999ns10:SmallEntities2022-10-012023-07-31SC406999ns10:AuditExempt-NoAccountantsReport2022-10-012023-07-31SC406999ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-07-31SC406999ns10:SmallCompaniesRegimeForAccounts2022-10-012023-07-31SC406999ns10:FullAccounts2022-10-012023-07-31SC406999ns10:RegisteredOffice2022-10-012023-07-31SC406999ns5:CurrentFinancialInstruments2023-07-31SC406999ns5:CurrentFinancialInstruments2022-09-30SC406999ns5:ShareCapital2023-07-31SC406999ns5:ShareCapital2022-09-30SC406999ns5:RetainedEarningsAccumulatedLosses2023-07-31SC406999ns5:RetainedEarningsAccumulatedLosses2022-09-30SC406999ns5:PlantMachinery2022-10-012023-07-31SC406999ns5:FurnitureFittings2022-10-012023-07-31SC406999ns5:ComputerEquipment2022-10-012023-07-31SC406999ns5:PlantMachinery2022-09-30SC406999ns5:FurnitureFittings2022-09-30SC406999ns5:ComputerEquipment2022-09-30SC406999ns5:PlantMachinery2023-07-31SC406999ns5:FurnitureFittings2023-07-31SC406999ns5:ComputerEquipment2023-07-31SC406999ns5:PlantMachinery2022-09-30SC406999ns5:FurnitureFittings2022-09-30SC406999ns5:ComputerEquipment2022-09-30SC406999ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-31SC406999ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-30
REGISTERED NUMBER: SC406999 (Scotland)





















Unaudited Financial Statements

For The Period 1 October 2022 to 31 July 2023

for

Maryhill Childcare Ltd

Maryhill Childcare Ltd (Registered number: SC406999)






Contents of the Financial Statements
For The Period 1 October 2022 to 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Maryhill Childcare Ltd

Company Information
For The Period 1 October 2022 to 31 July 2023







DIRECTOR: A P Govan





REGISTERED OFFICE: 10 Gairbraid Avenue
Maryhill Burgh Halls
Glasgow
Lanarkshire
G20 8YE





REGISTERED NUMBER: SC406999 (Scotland)





ACCOUNTANTS: Atkinson Donnelly LLP
1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH

Maryhill Childcare Ltd (Registered number: SC406999)

Balance Sheet
31 July 2023

31.7.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,832 15,928

CURRENT ASSETS
Debtors 5 18,876 51,044
Cash at bank 475,817 369,503
494,693 420,547
CREDITORS
Amounts falling due within one year 6 71,411 54,166
NET CURRENT ASSETS 423,282 366,381
TOTAL ASSETS LESS CURRENT
LIABILITIES

437,114

382,309

PROVISIONS FOR LIABILITIES 2,628 2,970
NET ASSETS 434,486 379,339

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 434,485 379,338
SHAREHOLDERS' FUNDS 434,486 379,339

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

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

The director acknowledges his 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.

Maryhill Childcare Ltd (Registered number: SC406999)

Balance Sheet - continued
31 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 director and authorised for issue on 22 February 2024 and were signed by:





A P Govan - Director


Maryhill Childcare Ltd (Registered number: SC406999)

Notes to the Financial Statements
For The Period 1 October 2022 to 31 July 2023

1. STATUTORY INFORMATION

Maryhill Childcare Ltd is a private company, limited by shares , registered in Scotland. 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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Financial instruments
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances
Cash and bank balances are measured at the transaction price.

Taxation
Taxation for the period 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.


Maryhill Childcare Ltd (Registered number: SC406999)

Notes to the Financial Statements - continued
For The Period 1 October 2022 to 31 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 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 18 (2022 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2022 4,562 19,107 4,406 28,075
Additions - - 1,209 1,209
At 31 July 2023 4,562 19,107 5,615 29,284
DEPRECIATION
At 1 October 2022 3,866 5,513 2,768 12,147
Charge for period 696 2,039 570 3,305
At 31 July 2023 4,562 7,552 3,338 15,452
NET BOOK VALUE
At 31 July 2023 - 11,555 2,277 13,832
At 30 September 2022 696 13,594 1,638 15,928

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 30.9.22
£    £   
Trade debtors 1,195 -
Amounts owed by associates - 31,000
Other debtors 17,681 20,044
18,876 51,044

Maryhill Childcare Ltd (Registered number: SC406999)

Notes to the Financial Statements - continued
For The Period 1 October 2022 to 31 July 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 30.9.22
£    £   
Trade creditors 1,562 -
Amounts owed to associates 3,659 7,210
Taxation and social security 26,662 41,177
Other creditors 39,528 5,779
71,411 54,166