1 June 2023 false No description of principal activity Taxfiler 2024.4 SC368198business:PrivateLimitedCompanyLtd2023-06-012024-05-31 SC3681982023-05-31 SC3681982023-06-012024-05-31 SC368198business:AuditExemptWithAccountantsReport2023-06-012024-05-31 SC368198business:FilletedAccounts2023-06-012024-05-31 SC3681982024-05-31 SC368198business:Director12023-06-012024-05-31 SC368198business:Director22023-06-012024-05-31 SC368198business:Director32023-06-012024-05-31 SC368198business:RegisteredOffice2023-06-012024-05-31 SC3681982023-05-31 SC368198core:WithinOneYear2024-05-31 SC368198core:WithinOneYear2023-05-31 SC368198core:AfterOneYear2024-05-31 SC368198core:AfterOneYear2023-05-31 SC368198core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 SC368198core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 SC368198core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 SC368198core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 SC368198core:PreviouslyStatedAmount2024-05-31 SC368198core:PreviouslyStatedAmount2023-05-31 SC368198business:SmallEntities2023-06-012024-05-31 SC368198countries:Scotland2023-06-012024-05-31 SC368198core:LandBuildings2023-06-012024-05-31 SC368198core:PlantMachinery2023-06-012024-05-31 SC368198core:FurnitureFittings2023-06-012024-05-31 SC368198core:ComputerEquipment2023-06-012024-05-31 SC368198core:LandBuildings2023-05-31 SC368198core:PlantMachinery2023-05-31 SC368198core:FurnitureFittings2023-05-31 SC368198core:ComputerEquipment2023-05-31 SC368198core:LandBuildings2024-05-31 SC368198core:PlantMachinery2024-05-31 SC368198core:FurnitureFittings2024-05-31 SC368198core:ComputerEquipment2024-05-31 SC3681982022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. SC368198 (Scotland)
Kidstore Childcare Limited Unaudited accounts for the year ended 31 May 2024
Kidstore Childcare Limited Unaudited accounts Contents
Page
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Kidstore Childcare Limited Company Information for the year ended 31 May 2024
Directors
Kirsty Anne McLaren Patricia McLaren Vicki Jane McLaren
Company Number
SC368198 (Scotland)
Registered Office
Alexanders Brodick Isle of Arran KA27 8AJ
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Kidstore Childcare Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
70,017 
78,599 
Current assets
Debtors
149,538 
154,519 
Cash at bank and in hand
82,411 
76,894 
231,949 
231,413 
Creditors: amounts falling due within one year
(78,929)
(71,572)
Net current assets
153,020 
159,841 
Total assets less current liabilities
223,037 
238,440 
Creditors: amounts falling due after more than one year
(27,627)
(59,014)
Provisions for liabilities
Deferred tax
(13,303)
(14,934)
Net assets
182,107 
164,492 
Capital and reserves
Called up share capital
180,100 
180,100 
Profit and loss account
2,007 
(15,608)
Shareholders' funds
182,107 
164,492 
For the year ending 31 May 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 23 July 2024 and were signed on its behalf by
Patricia McLaren Director Company Registration No. SC368198
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Kidstore Childcare Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Kidstore Childcare Limited is a private company, limited by shares, registered in Scotland, registration number SC368198. The registered office is Alexanders, Brodick, Isle of Arran, KA27 8AJ.
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.
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
5% on cost
Plant & machinery
15% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
33% on reducing balance
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.
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.
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.
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Kidstore Childcare Limited Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 June 2023
169,161 
13,642 
22,581 
7,596 
212,980 
Additions
- 
- 
1,292 
299 
1,591 
At 31 May 2024
169,161 
13,642 
23,873 
7,895 
214,571 
Depreciation
At 1 June 2023
99,017 
11,731 
17,509 
6,124 
134,381 
Charge for the year
8,458 
272 
940 
503 
10,173 
At 31 May 2024
107,475 
12,003 
18,449 
6,627 
144,554 
Net book value
At 31 May 2024
61,686 
1,639 
5,424 
1,268 
70,017 
At 31 May 2023
70,144 
1,911 
5,072 
1,472 
78,599 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
46,254 
38,250 
Amounts falling due after more than one year
Other debtors
103,284 
116,269 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
27,778 
24,168 
Taxes and social security
47,013 
43,669 
Other creditors
1,738 
1,335 
Accruals
2,400 
2,400 
78,929 
71,572 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
27,627 
59,014 
8
Average number of employees
During the year the average number of employees was 26 (2023: 26).
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