IRIS Accounts Production v23.4.0.336 10678716 Board of Directors 1.9.22 31.8.23 31.8.23 false true false false true false A Ordinary 1.00000 B Ordinary 1.00000 C Ordinary 1.00000 D Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106787162022-08-31106787162023-08-31106787162022-09-012023-08-31106787162021-08-31106787162021-09-012022-08-31106787162022-08-3110678716ns15:EnglandWales2022-09-012023-08-3110678716ns14:PoundSterling2022-09-012023-08-3110678716ns10:Director12022-09-012023-08-3110678716ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3110678716ns10:SmallEntities2022-09-012023-08-3110678716ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3110678716ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3110678716ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3110678716ns10:FullAccounts2022-09-012023-08-3110678716ns10:OrdinaryShareClass22022-09-012023-08-3110678716ns10:OrdinaryShareClass32022-09-012023-08-3110678716ns10:OrdinaryShareClass42022-09-012023-08-3110678716ns10:OrdinaryShareClass52022-09-012023-08-3110678716ns10:Director22022-09-012023-08-3110678716ns10:RegisteredOffice2022-09-012023-08-3110678716ns5:CurrentFinancialInstruments2023-08-3110678716ns5:CurrentFinancialInstruments2022-08-3110678716ns5:ShareCapital2023-08-3110678716ns5:ShareCapital2022-08-3110678716ns5:RetainedEarningsAccumulatedLosses2023-08-3110678716ns5:RetainedEarningsAccumulatedLosses2022-08-3110678716ns5:FurnitureFittings2022-08-3110678716ns5:ComputerEquipment2022-08-3110678716ns5:FurnitureFittings2022-09-012023-08-3110678716ns5:ComputerEquipment2022-09-012023-08-3110678716ns5:FurnitureFittings2023-08-3110678716ns5:ComputerEquipment2023-08-3110678716ns5:FurnitureFittings2022-08-3110678716ns5:ComputerEquipment2022-08-3110678716ns10:OrdinaryShareClass22023-08-3110678716ns10:OrdinaryShareClass32023-08-3110678716ns10:OrdinaryShareClass42023-08-3110678716ns10:OrdinaryShareClass52023-08-31
REGISTERED NUMBER: 10678716 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

RAINBOW DAY CARE LIMITED

RAINBOW DAY CARE LIMITED (REGISTERED NUMBER: 10678716)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RAINBOW DAY CARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: Mrs S L Herbert
Ms A J Oldfield





REGISTERED OFFICE: Rose Cottage
Duke Street
Hoyland
Barnsley
S74 9QS





REGISTERED NUMBER: 10678716 (England and Wales)





ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB

RAINBOW DAY CARE LIMITED (REGISTERED NUMBER: 10678716)

BALANCE SHEET
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,801 17,224

CURRENT ASSETS
Debtors 5 1,569 1,547
Cash at bank 62,895 19,614
64,464 21,161
CREDITORS
Amounts falling due within one year 6 30,809 20,633
NET CURRENT ASSETS 33,655 528
TOTAL ASSETS LESS CURRENT LIABILITIES 49,456 17,752

PROVISIONS FOR LIABILITIES 3,763 3,763
NET ASSETS 45,693 13,989

CAPITAL AND RESERVES
Called up share capital 7 4 4
Retained earnings 45,689 13,985
SHAREHOLDERS' FUNDS 45,693 13,989

RAINBOW DAY CARE LIMITED (REGISTERED NUMBER: 10678716)

BALANCE SHEET - continued
31 AUGUST 2023


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

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

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 28 March 2024 and were signed on its behalf by:





Mrs S L Herbert - Director


RAINBOW DAY CARE LIMITED (REGISTERED NUMBER: 10678716)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Rainbow Day Care 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Significant judgements and estimates
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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

When the outcome of a transaction can be estimated reliably, turnover from child day-care activities is recognised on a daily basis.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Computer equipment -33 % on reducing balance
Furniture & fixtures -20 % on reducing balance


RAINBOW DAY CARE LIMITED (REGISTERED NUMBER: 10678716)

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

2. ACCOUNTING POLICIES - continued
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 17 (2022 - 20 ) .

RAINBOW DAY CARE LIMITED (REGISTERED NUMBER: 10678716)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2022 27,283 5,693 32,976
Additions 2,155 300 2,455
At 31 August 2023 29,438 5,993 35,431
DEPRECIATION
At 1 September 2022 12,009 3,743 15,752
Charge for year 3,181 697 3,878
At 31 August 2023 15,190 4,440 19,630
NET BOOK VALUE
At 31 August 2023 14,248 1,553 15,801
At 31 August 2022 15,274 1,950 17,224

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Prepayments 1,569 1,547

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Corporation tax 28,264 16,124
Social security and other taxes 649 1,003
Other creditors 309 380
Directors' current accounts 26 1,626
Accruals and deferred income 1,561 1,500
30,809 20,633

RAINBOW DAY CARE LIMITED (REGISTERED NUMBER: 10678716)

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

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
1 A Ordinary £1 1 1
1 B Ordinary £1 1 1
1 C Ordinary £1 1 1
1 D Ordinary £1 1 1
4 4