3 01/09/2022 28/08/2023 2023-08-28 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2022-09-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 10917124 2022-09-01 2023-08-28 10917124 2023-08-28 10917124 2022-08-31 10917124 2021-09-01 2022-08-31 10917124 2022-08-31 10917124 2021-08-31 10917124 bus:RegisteredOffice 2022-09-01 2023-08-28 10917124 bus:LeadAgentIfApplicable 2022-09-01 2023-08-28 10917124 bus:Director1 2022-09-01 2023-08-28 10917124 bus:Director2 2022-09-01 2023-08-28 10917124 bus:Director4 2022-09-01 2023-08-28 10917124 core:WithinOneYear 2023-08-28 10917124 core:WithinOneYear 2022-08-31 10917124 core:RetainedEarningsAccumulatedLosses 2023-08-28 10917124 core:RetainedEarningsAccumulatedLosses 2022-08-31 10917124 bus:SmallEntities 2022-09-01 2023-08-28 10917124 bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-28 10917124 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-28 10917124 bus:CompanyLimitedByGuarantee 2022-09-01 2023-08-28 10917124 bus:FullAccounts 2022-09-01 2023-08-28 10917124 core:OtherRelatedParties 2022-09-01 2023-08-28
Company registration number: 10917124
Little Heartbeats
Company limited by guarantee
Unaudited filleted financial statements
28 August 2023
Little Heartbeats
Company limited by guarantee
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Little Heartbeats
Company limited by guarantee
Directors and other information
Directors Ciara Curran
Joanne Farrar
Davinia Watson
Company number 10917124
Registered office 8-10 Gatley Road
Cheadle
Cheshire
SK8 1PY
Accountants Langers
8-10 Gatley Road
Cheadle
Cheshire
SK8 1PY
Little Heartbeats
Company limited by guarantee
Statement of financial position
28 August 2023
28/08/23 31/08/22
Note £ £ £ £
Current assets
Cash at bank and in hand 2,658 5,189
_______ _______
2,658 5,189
Creditors: amounts falling due
within one year 6 ( 3,921) ( 3,601)
_______ _______
Net current (liabilities)/assets ( 1,263) 1,588
_______ _______
Total assets less current liabilities ( 1,263) 1,588
_______ _______
Net (liabilities)/assets ( 1,263) 1,588
_______ _______
Capital and reserves
Profit and loss account ( 1,263) 1,588
_______ _______
Members (deficit)/funds ( 1,263) 1,588
_______ _______
For the period ending 28 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 27 August 2024 , and are signed on behalf of the board by:
Ciara Curran
Director
Company registration number: 10917124
Little Heartbeats
Company limited by guarantee
Notes to the financial statements
Period ended 28 August 2023
1. General information
The company is a private company limited by guarantee, registered in England. The address of the registered office is 8-10 Gatley Road, Cheadle, Cheshire, SK8 1PY.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the directors will continue to financially support the company.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
4. Limited by guarantee
Little Heartbeats is a company limited by guarantee and accordingly does not have a share capital.Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
5. Employee numbers
The average number of persons employed by the company during the period amounted to 3 (2022: 3 ).
6. Creditors: amounts falling due within one year
28/08/23 31/08/22
£ £
Corporation tax - 67
Other creditors 3,921 3,534
_______ _______
3,921 3,601
_______ _______
7. Related party transactions
At 31 August 2023 the company owed director C Curran £2,796 (2022 - £2,484). No interest has been charged to the company in respect of these loans which are repayable on demand and classified in creditors due within one year.