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REGISTERED NUMBER: SC259489 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Edinburgh Childcare Limited

Edinburgh Childcare Limited (Registered number: SC259489)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Edinburgh Childcare Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Ms J A Hunter





SECRETARY: Ms J A Hunter





REGISTERED OFFICE: 58 Saughton Crescent
Edinburgh
Lothian
EH12 5SP





REGISTERED NUMBER: SC259489 (Scotland)





ACCOUNTANTS: EQ Accountants Ltd
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Edinburgh Childcare Limited (Registered number: SC259489)

Statement of Financial Position
30 November 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,246,826 1,249,271

CURRENT ASSETS
Debtors 5 70,617 9,599
Cash at bank and in hand 47,368 143,580
117,985 153,179
CREDITORS
Amounts falling due within one year 6 122,166 148,253
NET CURRENT (LIABILITIES)/ASSETS (4,181 ) 4,926
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,242,645

1,254,197

CREDITORS
Amounts falling due after more than one
year

7

(320,414

)

(390,196

)

PROVISIONS FOR LIABILITIES (20,500 ) (20,500 )
NET ASSETS 901,731 843,501

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 901,729 843,499
SHAREHOLDERS' FUNDS 901,731 843,501

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Edinburgh Childcare Limited (Registered number: SC259489)

Statement of Financial Position - continued
30 November 2023


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 director and authorised for issue on 15 October 2024 and were signed by:





Ms J A Hunter - Director


Edinburgh Childcare Limited (Registered number: SC259489)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Edinburgh Childcare Limited is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 33 (2022 - 33 ) .

Edinburgh Childcare Limited (Registered number: SC259489)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 December 2022
and 30 November 2023 1,239,492 4,218 35,205 4,843 1,283,758
DEPRECIATION
At 1 December 2022 - 4,218 29,294 975 34,487
Charge for year - - 1,478 967 2,445
At 30 November 2023 - 4,218 30,772 1,942 36,932
NET BOOK VALUE
At 30 November 2023 1,239,492 - 4,433 2,901 1,246,826
At 30 November 2022 1,239,492 - 5,911 3,868 1,249,271

Tangible fixed assets with a net book value of £1,246,826 (2022: £1249,271 ) have been pledged as security in favour of Lloyds TSB Scotland PLC and Bank of Scotland PLC.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Other debtors 70,617 9,599

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans and overdrafts 72,614 91,388
Taxation and social security 34,812 50,654
Other creditors 14,740 6,211
122,166 148,253

Lloyds TSB Scotland PLC hold both fixed and floating charges dated 11 August 2008 and 25 January 2010 respectively over all assets of the company as security. Bank of Scotland PLC hold fixed charges dated 26 February 2015 and 1 April 2016 over the property of the company as security.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/23 30/11/22
£    £   
Bank loans 320,414 390,196

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 99,242 128,068

Edinburgh Childcare Limited (Registered number: SC259489)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

Lloyds TSB Scotland PLC hold both fixed and floating charges dated 11 August 2008 and 25 January 2010 respectively over all assets of the company as security. Bank of Scotland PLC hold fixed charges dated 26 February 2015 and 1 April 2016 over the property of the company as security.