Acorah Software Products - Accounts Production 15.0.400 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11104604 Mrs Elaine Patterson Miss Rebecca Patterson Mr Reece Patterson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11104604 2022-12-31 11104604 2023-12-31 11104604 2023-01-01 2023-12-31 11104604 frs-core:CurrentFinancialInstruments 2023-12-31 11104604 frs-core:Non-currentFinancialInstruments 2023-12-31 11104604 frs-core:BetweenOneFiveYears 2023-12-31 11104604 frs-core:ComputerEquipment 2023-12-31 11104604 frs-core:ComputerEquipment 2023-01-01 2023-12-31 11104604 frs-core:ComputerEquipment 2022-12-31 11104604 frs-core:FurnitureFittings 2023-12-31 11104604 frs-core:FurnitureFittings 2023-01-01 2023-12-31 11104604 frs-core:FurnitureFittings 2022-12-31 11104604 frs-core:MotorVehicles 2023-12-31 11104604 frs-core:MotorVehicles 2023-01-01 2023-12-31 11104604 frs-core:MotorVehicles 2022-12-31 11104604 frs-core:PlantMachinery 2023-12-31 11104604 frs-core:PlantMachinery 2023-01-01 2023-12-31 11104604 frs-core:PlantMachinery 2022-12-31 11104604 frs-core:WithinOneYear 2023-12-31 11104604 frs-core:ShareCapital 2023-12-31 11104604 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11104604 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11104604 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11104604 frs-bus:SmallEntities 2023-01-01 2023-12-31 11104604 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11104604 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11104604 frs-bus:Director1 2023-01-01 2023-12-31 11104604 frs-bus:Director2 2023-01-01 2023-12-31 11104604 frs-bus:Director3 2023-01-01 2023-12-31 11104604 frs-bus:Director3 2022-12-31 11104604 frs-bus:Director3 2023-12-31 11104604 frs-core:CurrentFinancialInstruments 1 2023-12-31 11104604 frs-countries:EnglandWales 2023-01-01 2023-12-31 11104604 2021-12-31 11104604 2022-12-31 11104604 2022-01-01 2022-12-31 11104604 frs-core:CurrentFinancialInstruments 2022-12-31 11104604 frs-core:Non-currentFinancialInstruments 2022-12-31 11104604 frs-core:BetweenOneFiveYears 2022-12-31 11104604 frs-core:WithinOneYear 2022-12-31 11104604 frs-core:ShareCapital 2022-12-31 11104604 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 11104604 frs-core:CurrentFinancialInstruments 1 2022-12-31 11104604 frs-core:CurrentFinancialInstruments 3 2022-12-31
Registered number: 11104604
Ossett Childcare & Pre-school Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
DEB Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11104604
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 79,224 98,290
79,224 98,290
CURRENT ASSETS
Stocks 5 5,000 6,000
Debtors 6 4,170 21,735
Cash at bank and in hand 15,834 10,896
25,004 38,631
Creditors: Amounts Falling Due Within One Year 7 (43,017 ) (60,055 )
NET CURRENT ASSETS (LIABILITIES) (18,013 ) (21,424 )
TOTAL ASSETS LESS CURRENT LIABILITIES 61,211 76,866
Creditors: Amounts Falling Due After More Than One Year 8 (58,528 ) (73,463 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,538 ) (3,313 )
NET (LIABILITIES)/ASSETS (3,855 ) 90
CAPITAL AND RESERVES
Called up share capital 10 10 10
Profit and Loss Account (3,865 ) 80
SHAREHOLDERS' FUNDS (3,855) 90
Page 1
Page 2
For the year ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Elaine Patterson
Director
11/09/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ossett Childcare & Pre-school Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11104604 . The registered office is DEB House, 19 Middlewoods Way, Wharncliffe Business Park, Carlton, Barnsley, S71 3HR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant and equipment 25 % Reducing balance
Motor Vehicles 25 % Reducing balance
Equipment,Fixtures and fittings 25 % Reducing balance
Office Equipment 25 % Reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 3 3
Sales, marketing and distribution 22 22
25 25
4. Tangible Assets
Plant and equipment Motor Vehicles Equipment,Fixtures and fittings Office Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 13,787 81,370 56,843 13,311 165,311
Additions - - 7,342 - 7,342
As at 31 December 2023 13,787 81,370 64,185 13,311 172,653
Depreciation
As at 1 January 2023 10,368 20,343 29,339 6,971 67,021
Provided during the period 855 15,257 8,711 1,585 26,408
As at 31 December 2023 11,223 35,600 38,050 8,556 93,429
Net Book Value
As at 31 December 2023 2,564 45,770 26,135 4,755 79,224
As at 1 January 2023 3,419 61,027 27,504 6,340 98,290
5. Stocks
2023 2022
£ £
Stock 5,000 6,000
Page 4
Page 5
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 1
Prepayments and accrued income 1,171 1,490
Inter Company Loan - Cliff Hill Day Nursery Ltd (1,822 ) 3,178
Directors' loan accounts 4,821 17,066
4,170 21,735
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 5,934 5,934
Bank loans and overdrafts 9,000 9,000
Corporation tax 20,668 20,207
PAYE Control 4,204 22,466
Expenses Claims 1,493 744
Credit Card - American express - 1,704
Accruals and deferred income 563 -
Directors' loan accounts 1,155 -
43,017 60,055
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 45,778 51,713
Bank loans 12,750 21,750
58,528 73,463
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,934 5,934
Later than one year and not later than five years 45,778 51,713
51,712 57,647
51,712 57,647
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 10 10
Page 5
Page 6
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2023 2022
£ £
Not later than one year - 5,219
Later than one year and not later than five years 4,511 30,802
4,511 36,021
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Reece Patterson 8,572 7,650 350 - 1,272
The above loan is unsecured, interest free and repayable on demand.
13. Related Party Transactions
The company is controlled by Mrs E Patterson and Miss R Patterson and Mr R J Patterson, directors and shareholders of the company. 
The balance on the director's loan accounts of Mrs E Patterson and Mr R Patterson were £3,549 and £1,272 due to the company respectively and Miss R Patterson £1,155 due form the company. (2022 - £3,049, £8,572 & £5,446 due to the company respectively).
Page 6