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Company Registration No. 08200749 (England and Wales)
Each Peach Childcare Ltd Unaudited accounts for the year ended 31 December 2023
Each Peach Childcare Ltd Unaudited accounts Contents
Page
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Each Peach Childcare Ltd Company Information for the year ended 31 December 2023
Director
Mrs K L Peach
Company Number
08200749 (England and Wales)
Registered Office
42 WILBURY VILLAS HOVE EAST SUSSEX BN3 6GD
Accountants
Maxwell-Gumbleton & Co. 1 West Street Lewes East Sussex BN7 2NZ
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Each Peach Childcare Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,843 
8,393 
Current assets
Debtors
152,678 
127,375 
Cash at bank and in hand
122,983 
201,152 
275,661 
328,527 
Creditors: amounts falling due within one year
(160,351)
(126,091)
Net current assets
115,310 
202,436 
Total assets less current liabilities
120,153 
210,829 
Creditors: amounts falling due after more than one year
(67,085)
(110,984)
Provisions for liabilities
Deferred tax
(864)
(1,459)
Net assets
52,204 
98,386 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
52,104 
98,286 
Shareholders' funds
52,204 
98,386 
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 July 2024 and were signed on its behalf by
Mrs K L Peach Director Company Registration No. 08200749
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Each Peach Childcare Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Each Peach Childcare Ltd is a private company, limited by shares, registered in England and Wales, registration number 08200749. The registered office is 42 WILBURY VILLAS, HOVE, EAST SUSSEX, BN3 6GD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Each Peach Childcare Ltd Notes to the Accounts for the year ended 31 December 2023
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
3,575 
57,576 
61,151 
At 31 December 2023
3,575 
57,576 
61,151 
Depreciation
At 1 January 2023
2,862 
49,896 
52,758 
Charge for the year
358 
3,192 
3,550 
At 31 December 2023
3,220 
53,088 
56,308 
Net book value
At 31 December 2023
355 
4,488 
4,843 
At 31 December 2022
713 
7,680 
8,393 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
7,186 
6,586 
Accrued income and prepayments
475 
648 
Other debtors
145,017 
120,141 
152,678 
127,375 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
41,874 
37,867 
Trade creditors
2,784 
1,647 
Taxes and social security
5,991 
7,257 
Other creditors
74,208 
57,050 
Accruals
3,138 
2,050 
Deferred income
32,356 
20,220 
160,351 
126,091 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
54,485 
96,359 
Other creditors
12,600 
14,625 
67,085 
110,984 
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Each Peach Childcare Ltd Notes to the Accounts for the year ended 31 December 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Operating lease commitments
2023 
2022 
£ 
£ 
At 31 December 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
134,000 
180,000 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mrs K L Peach
Loan on which interest is charged at 2.25%
7,231 
21,650 
- 
28,881 
7,231 
21,650 
- 
28,881 
11
Average number of employees
During the year the average number of employees was 22 (2022: 21).
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