Company Registration No. 11240681 (England and Wales)
Templesprings Childcare Services Ltd
Unaudited accounts
for the year ended 31 August 2023
Templesprings Childcare Services Ltd
Unaudited accounts
Contents
Templesprings Childcare Services Ltd
Company Information
for the year ended 31 August 2023
Directors
Mr A O Johnson
Mrs O B R Johnson
Company Number
11240681 (England and Wales)
Registered Office
Ground Floor
22 London Road
Grays
RM17 5XY
Templesprings Childcare Services Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
50,356
62,726
Cash at bank and in hand
12,950
6,900
Creditors: amounts falling due within one year
(157,696)
(69,415)
Net current liabilities
(141,869)
(42,186)
Total assets less current liabilities
(91,513)
20,540
Creditors: amounts falling due after more than one year
(43,549)
(70,585)
Net liabilities
(135,062)
(50,045)
Called up share capital
2
2
Profit and loss account
(135,064)
(50,047)
Shareholders' funds
(135,062)
(50,045)
For the year ending 31 August 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 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 31 August 2024 and were signed on its behalf by
Mrs O B R Johnson
Director
Company Registration No. 11240681
Templesprings Childcare Services Ltd
Notes to the Accounts
for the year ended 31 August 2023
Templesprings Childcare Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11240681. The registered office is Ground Floor, 22 London Road, Grays, RM17 5XY.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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:
Plant & machinery
4 years straight line
Motor vehicles
6 years straight line
Fixtures & fittings
5 years straight line
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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.
Templesprings Childcare Services Ltd
Notes to the Accounts
for the year ended 31 August 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
1,652
35,198
38,141
74,991
At 31 August 2023
1,652
35,198
38,141
74,991
At 1 September 2022
677
5,867
5,721
12,265
Charge for the year
343
4,399
7,628
12,370
At 31 August 2023
1,020
10,266
13,349
24,635
At 31 August 2023
632
24,932
24,792
50,356
At 31 August 2022
975
29,331
32,420
62,726
Amounts falling due within one year
Other debtors
2,333
18,193
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
37,002
19,640
Other creditors
10,228
6,606
Loans from directors
109,866
42,369
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
17,739
25,208
Other creditors
15,657
32,119
8
Transactions with related parties
Templesprings (charity number: 1125084)
A charity of which Mrs O Johnson are Trustees. During the year, the company provided advances to the Charity and the total balance outstanding at the end of the year was £0 (2022: £13,527).
Templesprings Childcare Services Ltd
Notes to the Accounts
for the year ended 31 August 2023
9
Average number of employees
During the year the average number of employees was 6 (2022: 3).