0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-09-28 Sage Accounts Production Advanced 2023 - FRS102_2023 151,740 151,740 151,740 15,000 15,000 15,000 xbrli:pure xbrli:shares iso4217:GBP 12295102 2022-09-28 2023-09-26 12295102 2023-09-26 12295102 2022-09-27 12295102 2021-10-01 2022-09-27 12295102 2022-09-27 12295102 2021-09-30 12295102 bus:Director1 2022-09-28 2023-09-26 12295102 core:WithinOneYear 2023-09-26 12295102 core:WithinOneYear 2022-09-27 12295102 core:AfterOneYear 2023-09-26 12295102 core:AfterOneYear 2022-09-27 12295102 core:ShareCapital 2023-09-26 12295102 core:ShareCapital 2022-09-27 12295102 core:RetainedEarningsAccumulatedLosses 2023-09-26 12295102 core:RetainedEarningsAccumulatedLosses 2022-09-27 12295102 core:CostValuation core:Non-currentFinancialInstruments 2023-09-26 12295102 core:Non-currentFinancialInstruments 2023-09-26 12295102 core:Non-currentFinancialInstruments 2022-09-27 12295102 core:LandBuildings core:LongLeaseholdAssets 2023-09-26 12295102 core:LandBuildings core:LongLeaseholdAssets 2022-09-27 12295102 bus:SmallEntities 2022-09-28 2023-09-26 12295102 bus:AuditExemptWithAccountantsReport 2022-09-28 2023-09-26 12295102 bus:SmallCompaniesRegimeForAccounts 2022-09-28 2023-09-26 12295102 bus:PrivateLimitedCompanyLtd 2022-09-28 2023-09-26 12295102 bus:FullAccounts 2022-09-28 2023-09-26
COMPANY REGISTRATION NUMBER: 12295102
AVANTI CHILDCARE LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
26 September 2023
AVANTI CHILDCARE LIMITED
STATEMENT OF FINANCIAL POSITION
26 September 2023
26 Sep 23
27 Sep 22
Note
£
£
£
£
FIXED ASSETS
Tangible assets
4
151,740
151,740
Investments
5
15,000
15,000
---------
---------
166,740
166,740
CURRENT ASSETS
Cash at bank and in hand
15,213
39,170
CREDITORS: amounts falling due within one year
6
( 85,368)
( 85,891)
--------
--------
NET CURRENT LIABILITIES
( 70,155)
( 46,721)
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
96,585
120,019
CREDITORS: amounts falling due after more than one year
7
( 115,811)
( 129,994)
---------
---------
NET LIABILITIES
( 19,226)
( 9,975)
---------
---------
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
( 19,326)
( 10,075)
--------
--------
SHAREHOLDERS DEFICIT
( 19,226)
( 9,975)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 26 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
AVANTI CHILDCARE LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
26 September 2023
These financial statements were approved by the board of directors and authorised for issue on 26 September 2024 , and are signed on behalf of the board by:
L Gentile
Director
Company registration number: 12295102
AVANTI CHILDCARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 28 SEPTEMBER 2022 TO 26 SEPTEMBER 2023
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Wimborne Drive, Blackhill, Keighley, BD21 2TR, United Kingdom.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
The financial statements have been prepared on the going concern basis. The director considers the going concern basis to be appropriate as he has confirmed his ongoing support.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its open market value at each reporting date and any changes in value are recognised in the statement of income and retained earnings.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. TANGIBLE ASSETS
Investment property
£
Cost
At 28 September 2022 and 26 September 2023
151,740
---------
Depreciation
At 28 September 2022 and 26 September 2023
---------
Carrying amount
At 26 September 2023
151,740
---------
At 27 September 2022
151,740
---------
The market value of the investment property held as at 26th September 2023 has been calculated by the director, and has been valued at open market value.
5. INVESTMENTS
Unlisted
£
Cost
At 28 September 2022 and 26 September 2023
15,000
--------
Impairment
At 28 September 2022 and 26 September 2023
--------
Carrying amount
At 26 September 2023
15,000
--------
At 27 September 2022
15,000
--------
6. CREDITORS: amounts falling due within one year
26 Sep 23
27 Sep 22
£
£
Bank loans and overdrafts
13,980
14,220
Amounts owed to group undertakings and undertakings in which the company has a participating interest
8,978
8,979
Amounts due to related companies
1,000
1,000
Other creditors
61,410
61,692
--------
--------
85,368
85,891
--------
--------
7. CREDITORS: amounts falling due after more than one year
26 Sep 23
27 Sep 22
£
£
Bank loans and overdrafts
115,811
129,994
---------
---------