IRIS Accounts Production v24.2.0.383 06964545 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069645452023-07-31069645452024-07-31069645452023-08-012024-07-31069645452022-07-31069645452022-08-012023-07-31069645452023-07-3106964545ns15:EnglandWales2023-08-012024-07-3106964545ns14:PoundSterling2023-08-012024-07-3106964545ns10:Director12023-08-012024-07-3106964545ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3106964545ns10:SmallEntities2023-08-012024-07-3106964545ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3106964545ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3106964545ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3106964545ns10:FullAccounts2023-08-012024-07-3106964545ns10:Director22023-08-012024-07-3106964545ns10:RegisteredOffice2023-08-012024-07-3106964545ns5:CurrentFinancialInstruments2024-07-3106964545ns5:CurrentFinancialInstruments2023-07-3106964545ns5:Non-currentFinancialInstruments2024-07-3106964545ns5:Non-currentFinancialInstruments2023-07-3106964545ns5:ShareCapital2024-07-3106964545ns5:ShareCapital2023-07-3106964545ns5:RetainedEarningsAccumulatedLosses2024-07-3106964545ns5:RetainedEarningsAccumulatedLosses2023-07-3106964545ns5:PlantMachinery2023-08-012024-07-3106964545ns5:LandBuildings2023-07-3106964545ns5:PlantMachinery2023-07-3106964545ns5:LandBuildings2023-08-012024-07-3106964545ns5:LandBuildings2024-07-3106964545ns5:PlantMachinery2024-07-3106964545ns5:LandBuildings2023-07-3106964545ns5:PlantMachinery2023-07-3106964545ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-07-3106964545ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3106964545ns5:WithinOneYear2024-07-3106964545ns5:WithinOneYear2023-07-3106964545ns5:Secured2024-07-3106964545ns5:Secured2023-07-31069645451ns10:Director12023-07-31069645451ns10:Director12022-07-31069645451ns10:Director12023-08-012024-07-31069645451ns10:Director12022-08-012023-07-31069645451ns10:Director12024-07-31069645451ns10:Director12023-07-31
REGISTERED NUMBER: 06964545 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

INCEY WINCEYS CHILDCARE LIMITED

INCEY WINCEYS CHILDCARE LIMITED (REGISTERED NUMBER: 06964545)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INCEY WINCEYS CHILDCARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mrs H J Ince
A J Ince





REGISTERED OFFICE: 34 Elmhurst Drive
South Woodford
London
E18 1BT





REGISTERED NUMBER: 06964545 (England and Wales)





ACCOUNTANTS: Walter Wright
Chartered Accountants
89 High Street
Hadleigh
Ipswich
Suffolk
IP7 5EA

INCEY WINCEYS CHILDCARE LIMITED (REGISTERED NUMBER: 06964545)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 751,139 751,785

CURRENT ASSETS
Debtors 5 103,384 94,357
Cash at bank 34,288 37,080
137,672 131,437
CREDITORS
Amounts falling due within one year 6 183,584 165,541
NET CURRENT LIABILITIES (45,912 ) (34,104 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

705,227

717,681

CREDITORS
Amounts falling due after more than one
year

7

(501,050

)

(582,646

)

PROVISIONS FOR LIABILITIES (1,006 ) (1,167 )
NET ASSETS 203,171 133,868

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 203,170 133,867
SHAREHOLDERS' FUNDS 203,171 133,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

INCEY WINCEYS CHILDCARE LIMITED (REGISTERED NUMBER: 06964545)

BALANCE SHEET - continued
31 JULY 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 August 2024 and were signed on its behalf by:





Mrs H J Ince - Director


INCEY WINCEYS CHILDCARE LIMITED (REGISTERED NUMBER: 06964545)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Incey Winceys Childcare Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the sales of services, is recognised on provision of the service and excludes value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance and 25% on reducing balance

No depreciation is charged on freehold land and buildings. Where buildings are maintained to such a standard that their residual value is not less than their cost or valuation, no depreciation is charged as it is not material. The director performs annual impairment reviews to ensure that the recoverable amount is not less than the book value.

Taxation
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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

INCEY WINCEYS CHILDCARE LIMITED (REGISTERED NUMBER: 06964545)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 24 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2023 995,630 56,264 1,051,894
Additions - 922 922
At 31 July 2024 995,630 57,186 1,052,816
DEPRECIATION
At 1 August 2023 248,513 51,596 300,109
Charge for year - 1,568 1,568
At 31 July 2024 248,513 53,164 301,677
NET BOOK VALUE
At 31 July 2024 747,117 4,022 751,139
At 31 July 2023 747,117 4,668 751,785

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,399 1,800
Other debtors 95,985 92,557
103,384 94,357

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 68,562 56,000
Trade creditors 3,205 9,709
Taxation and social security 52,019 27,603
Other creditors 59,798 72,229
183,584 165,541

INCEY WINCEYS CHILDCARE LIMITED (REGISTERED NUMBER: 06964545)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 491,850 545,846
Trade creditors 9,200 36,800
501,050 582,646

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalments 395,166 405,130
395,166 405,130

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year - 5,846

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft 13,547 -
Bank loans 546,865 601,846
560,412 601,846

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
Mrs H J Ince
Balance outstanding at start of year 37,643 140,701
Amounts advanced 48,286 37,643
Amounts repaid (43,702 ) (140,701 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 42,227 37,643