SMART KIDS CHILDCARE

Company limited by guarantee

Company Registration Number:
06873377 (England and Wales)

Unaudited statutory accounts for the year ended 30 August 2023

Period of accounts

Start date: 1 September 2022

End date: 30 August 2023

SMART KIDS CHILDCARE

Contents of the Financial Statements

for the Period Ended 30 August 2023

Balance sheet
Additional notes
Balance sheet notes

SMART KIDS CHILDCARE

Balance sheet

As at 30 August 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 75,182 83,896
Total fixed assets: 75,182 83,896
Current assets
Debtors: 4 21,924 19,184
Cash at bank and in hand: 504,762 465,282
Total current assets: 526,686 484,466
Creditors: amounts falling due within one year: 5 ( 4,062 ) ( 11,709 )
Net current assets (liabilities): 522,624 472,757
Total assets less current liabilities: 597,806 556,653
Total net assets (liabilities): 597,806 556,653
Members' funds
Profit and loss account: 597,806 556,653
Total members' funds: 597,806 556,653

The notes form part of these financial statements

SMART KIDS CHILDCARE

Balance sheet statements

For the year ending 30 August 2023 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 14 August 2024
and signed on behalf of the board by:

Name: Mrs L Hayes
Status: Director

The notes form part of these financial statements

SMART KIDS CHILDCARE

Notes to the Financial Statements

for the Period Ended 30 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life Freehold property 10 percent on reducing balance Plant and machinery at variable rates on reducing balance Fixtures and fittings 25 percent on cost Motor vehicles 25 percent on cost Computer Equipment 50 percent on reducing balance

SMART KIDS CHILDCARE

Notes to the Financial Statements

for the Period Ended 30 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 13 13

SMART KIDS CHILDCARE

Notes to the Financial Statements

for the Period Ended 30 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 213,484 36,070 27,237 7,757 284,548
Additions
Disposals
Revaluations
Transfers
At 30 August 2023 213,484 36,070 27,237 7,757 284,548
Depreciation
At 1 September 2022 144,322 23,500 25,074 7,756 200,652
Charge for year 6,916 1,257 540 1 8,714
On disposals
Other adjustments
At 30 August 2023 151,238 24,757 25,614 7,757 209,366
Net book value
At 30 August 2023 62,246 11,313 1,623 0 75,182
At 31 August 2022 69,162 12,570 2,163 1 83,896

SMART KIDS CHILDCARE

Notes to the Financial Statements

for the Period Ended 30 August 2023

4. Debtors

2023 2022
£ £
Prepayments and accrued income 15,365 13,625
Other debtors 6,559 5,559
Total 21,924 19,184
Debtors due after more than one year: 0 0

SMART KIDS CHILDCARE

Notes to the Financial Statements

for the Period Ended 30 August 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 801
Accruals and deferred income 0 10,476
Other creditors 4,062 432
Total 4,062 11,709