Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-05-212024-02-29falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-03-01No description of principal activity2222truetruefalse SC486160 2023-03-01 2024-02-29 SC486160 2022-03-01 2023-02-28 SC486160 2024-02-29 SC486160 2023-02-28 SC486160 c:Director1 2023-03-01 2024-02-29 SC486160 c:Director2 2023-03-01 2024-02-29 SC486160 c:Director2 2024-02-29 SC486160 c:RegisteredOffice 2023-03-01 2024-02-29 SC486160 d:PlantMachinery 2023-03-01 2024-02-29 SC486160 d:PlantMachinery 2024-02-29 SC486160 d:PlantMachinery 2023-02-28 SC486160 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 SC486160 d:OfficeEquipment 2023-03-01 2024-02-29 SC486160 d:OfficeEquipment 2024-02-29 SC486160 d:OfficeEquipment 2023-02-28 SC486160 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 SC486160 d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 SC486160 d:Goodwill 2023-03-01 2024-02-29 SC486160 d:Goodwill 2024-02-29 SC486160 d:Goodwill 2023-02-28 SC486160 d:CurrentFinancialInstruments 2024-02-29 SC486160 d:CurrentFinancialInstruments 2023-02-28 SC486160 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 SC486160 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 SC486160 d:ShareCapital 2024-02-29 SC486160 d:ShareCapital 2023-02-28 SC486160 d:RetainedEarningsAccumulatedLosses 2024-02-29 SC486160 d:RetainedEarningsAccumulatedLosses 2023-02-28 SC486160 c:OrdinaryShareClass1 2023-03-01 2024-02-29 SC486160 c:OrdinaryShareClass1 2024-02-29 SC486160 c:OrdinaryShareClass1 2023-02-28 SC486160 c:FRS102 2023-03-01 2024-02-29 SC486160 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 SC486160 c:FullAccounts 2023-03-01 2024-02-29 SC486160 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC486160 d:Goodwill d:OwnedIntangibleAssets 2023-03-01 2024-02-29 SC486160 e:PoundSterling 2023-03-01 2024-02-29 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC486160










DAISIES KINDERGARTEN LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

 
DAISIES KINDERGARTEN LIMITED
 

COMPANY INFORMATION


Directors
Ms L Rasche 
Mr P Rasche (appointed 21 May 2024)




Registered number
SC486160



Registered office
11 Overton Gardens

Dundee

Angus

DD2 2UE




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
DAISIES KINDERGARTEN LIMITED
REGISTERED NUMBER: SC486160

STATEMENT OF FINANCIAL POSITION
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
£
£

Fixed assets
  

Intangible assets
 3 
7,312
20,812

Tangible assets
 4 
31,064
31,545

  
38,376
52,357

Current assets
  

Stocks
  
10,000
3,000

Debtors: amounts falling due within one year
 5 
15,997
2,975

Cash at bank and in hand
  
40,650
75,629

  
66,647
81,604

Creditors: amounts falling due within one year
 6 
(64,788)
(75,566)

Net current assets
  
 
 
1,859
 
 
6,038

Total assets less current liabilities
  
40,235
58,395

Provisions for liabilities
  

Deferred tax
  
(6,961)
(6,421)

  
 
 
(6,961)
 
 
(6,421)

Net assets
  
33,274
51,974


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
33,174
51,874

  
33,274
51,974


Page 1

 
DAISIES KINDERGARTEN LIMITED
REGISTERED NUMBER: SC486160

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 FEBRUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 August 2024.




Ms L Rasche
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
DAISIES KINDERGARTEN LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Daisies Kindergarten Limited is a private company, limited by shares, domiciled in Scotland with registration number SC486160. The registered office is 11 Overton Gardens, Dundee, Angus, DD2 2UE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
DAISIES KINDERGARTEN LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of income and retained earnings over its useful economic life.


All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 Amortisation is provided on the following bases:

Goodwill
-
10%
Straight Line

Page 4

 
DAISIES KINDERGARTEN LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model 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, as follows.

Depreciation is provided on the following basis:

Property Improvements
-
10% Straight line
Office equipment
-
20% Reducing balance

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.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 5

 
DAISIES KINDERGARTEN LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

3.


Intangible assets






Goodwill

£



Cost


At 1 March 2023
135,000



At 29 February 2024

135,000



Amortisation


At 1 March 2023
114,188


Charge for the year on owned assets
13,500



At 29 February 2024

127,688



Net book value



At 29 February 2024
7,312



At 28 February 2023
20,812



Page 6

 
DAISIES KINDERGARTEN LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Tangible fixed assets







Property improve-ments
Office equipment
Total

£
£
£



Cost or valuation


At 1 March 2023
28,503
50,401
78,904


Additions
-
6,367
6,367



At 29 February 2024

28,503
56,768
85,271



Depreciation


At 1 March 2023
10,589
36,770
47,359


Charge for the year on owned assets
2,850
3,998
6,848



At 29 February 2024

13,439
40,768
54,207



Net book value



At 29 February 2024
15,064
16,000
31,064



At 28 February 2023
17,914
13,631
31,545

Page 7

 
DAISIES KINDERGARTEN LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Debtors

29 February
28 February
2024
2023
£
£


Other debtors
5,247
-

Prepayments and accrued income
10,750
2,975

15,997
2,975



6.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Trade creditors
-
1,127

Other taxation and social security
8,779
13,940

Accruals and deferred income
56,009
60,499

64,788
75,566



7.


Share capital

29 February
28 February
2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1 each
100
100



Page 8