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Company Registration No. 08524391 (England and Wales)
SR Early Years Limited Unaudited accounts for the year ended 31 August 2024
SR Early Years Limited Unaudited accounts Contents
Page
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SR Early Years Limited Company Information for the year ended 31 August 2024
Director
Mrs Stella Ann Richardson
Company Number
08524391 (England and Wales)
Registered Office
The National School Church Street Penistone Sheffield S36 6AR England
Accountants
Kathryn Fearn 129A Shooters Hill Road Blackheath LONDON SE3 8UQ
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SR Early Years Limited Accountants' report
Accountants' report to the director of SR Early Years Limited on the preparation of the unaudited statutory accounts for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SR Early Years Limited for the year ended 31 August 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SR Early Years Limited, as a body, in accordance with the terms of our engagement letter dated 10 September 2018. Our work has been undertaken solely to prepare for your approval the accounts of SR Early Years Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SR Early Years Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SR Early Years Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SR Early Years Limited. You consider that SR Early Years Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SR Early Years Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Kathryn Fearn 129A Shooters Hill Road Blackheath LONDON SE3 8UQ 28 October 2024
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SR Early Years Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,959 
7,554 
Current assets
Debtors
3,210 
3,212 
Cash at bank and in hand
77,823 
81,611 
81,033 
84,823 
Creditors: amounts falling due within one year
(54,115)
(60,349)
Net current assets
26,918 
24,474 
Net assets
35,877 
32,028 
Capital and reserves
Profit and loss account
35,877 
32,028 
Shareholders' funds
35,877 
32,028 
For the year ending 31 August 2024 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 October 2024 and were signed on its behalf by
Mrs Stella Ann Richardson Director Company Registration No. 08524391
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SR Early Years Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
SR Early Years Limited is a private company, limited by shares, registered in England and Wales, registration number 08524391. The registered office is The National School, Church Street, Penistone, Sheffield, S36 6AR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of fee income earned providing nursery day care services to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives being 5 years. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 September 2023
75,886 
At 31 August 2024
75,886 
Amortisation
At 1 September 2023
75,886 
At 31 August 2024
75,886 
Net book value
At 31 August 2024
- 
Purchased Goodwill is being written off on a straight line basis over 5 years
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SR Early Years Limited Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 September 2023
32,696 
Additions
4,578 
Disposals
(995)
At 31 August 2024
36,279 
Depreciation
At 1 September 2023
25,142 
Charge for the year
2,986 
On disposals
(808)
At 31 August 2024
27,320 
Net book value
At 31 August 2024
8,959 
At 31 August 2023
7,554 
6
Average number of employees
During the year the average number of employees was 14 (2023: 13).
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