IRIS Accounts Production v24.2.0.383 04461945 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044619452023-03-31044619452024-03-31044619452023-04-012024-03-31044619452022-03-31044619452022-04-012023-03-31044619452023-03-3104461945ns15:EnglandWales2023-04-012024-03-3104461945ns14:PoundSterling2023-04-012024-03-3104461945ns10:Director12023-04-012024-03-3104461945ns10:Director22023-04-012024-03-3104461945ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104461945ns10:SmallEntities2023-04-012024-03-3104461945ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104461945ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104461945ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104461945ns10:FullAccounts2023-04-012024-03-3104461945ns10:RegisteredOffice2023-04-012024-03-3104461945ns5:CurrentFinancialInstruments2024-03-3104461945ns5:CurrentFinancialInstruments2023-03-3104461945ns5:ShareCapital2024-03-3104461945ns5:ShareCapital2023-03-3104461945ns5:RetainedEarningsAccumulatedLosses2024-03-3104461945ns5:RetainedEarningsAccumulatedLosses2023-03-3104461945ns5:ShortLeaseholdAssetsns5:LandBuildings2023-04-012024-03-3104461945ns5:FurnitureFittings2023-04-012024-03-3104461945ns5:MotorVehicles2023-04-012024-03-3104461945ns5:ComputerEquipment2023-04-012024-03-3104461945ns5:ShortLeaseholdAssetsns5:LandBuildings2023-03-3104461945ns5:FurnitureFittings2023-03-3104461945ns5:MotorVehicles2023-03-3104461945ns5:ComputerEquipment2023-03-3104461945ns5:ShortLeaseholdAssetsns5:LandBuildings2024-03-3104461945ns5:FurnitureFittings2024-03-3104461945ns5:MotorVehicles2024-03-3104461945ns5:ComputerEquipment2024-03-3104461945ns5:ShortLeaseholdAssetsns5:LandBuildings2023-03-3104461945ns5:FurnitureFittings2023-03-3104461945ns5:MotorVehicles2023-03-3104461945ns5:ComputerEquipment2023-03-3104461945ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3104461945ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 04461945 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

DISCOVERY VINE LIMITED

DISCOVERY VINE LIMITED (REGISTERED NUMBER: 04461945)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DISCOVERY VINE LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mrs J E Shepherd
Mrs L E Garbutt





REGISTERED OFFICE: 14 Dukes Meadow
Fulwood
Preston
Lancashire
PR2 7AR





REGISTERED NUMBER: 04461945 (England and Wales)





ACCOUNTANTS: James Todd & Co
Greenbank House
141 Adelphi Street
Preston
Lancashire
PR1 7BH

DISCOVERY VINE LIMITED (REGISTERED NUMBER: 04461945)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,194 14,260

CURRENT ASSETS
Debtors 5 24,690 26,689
Cash at bank 295,236 191,721
319,926 218,410
CREDITORS
Amounts falling due within one year 6 189,394 149,829
NET CURRENT ASSETS 130,532 68,581
TOTAL ASSETS LESS CURRENT
LIABILITIES

142,726

82,841

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 142,718 82,833
SHAREHOLDERS' FUNDS 142,726 82,841

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

DISCOVERY VINE LIMITED (REGISTERED NUMBER: 04461945)

BALANCE SHEET - continued
31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:




Mrs J E Shepherd - Director



Mrs L E Garbutt - Director


DISCOVERY VINE LIMITED (REGISTERED NUMBER: 04461945)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Discovery Vine 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.

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 provision of childcare services by the company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Over the duration of the lease
Fixtures and fittings - 25% in year 1 then 25% reducing balance
Motor vehicles - 25% in year 1 then 25% reducing balance
Computer equipment - 25% in year 1 then 25% reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 46 (2023 - 49 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 175,968 48,681 22,498 22,528 269,675
Additions - - - 1,999 1,999
At 31 March 2024 175,968 48,681 22,498 24,527 271,674
DEPRECIATION
At 1 April 2023 175,968 45,801 11,958 21,688 255,415
Charge for year - 720 2,635 710 4,065
At 31 March 2024 175,968 46,521 14,593 22,398 259,480
NET BOOK VALUE
At 31 March 2024 - 2,160 7,905 2,129 12,194
At 31 March 2023 - 2,880 10,540 840 14,260

DISCOVERY VINE LIMITED (REGISTERED NUMBER: 04461945)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 24,690 26,689

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 9,337 12,546
Tax 68,226 43,531
Other creditors 110,329 92,845
Directors' current accounts 1,502 907
189,394 149,829