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
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
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
SR Early Years Limited
Statement of financial position
as at 31 August 2024
Tangible assets
8,959
7,554
Cash at bank and in hand
77,823
81,611
Creditors: amounts falling due within one year
(54,115)
(60,349)
Net current assets
26,918
24,474
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
SR Early Years Limited
Notes to the Accounts
for the year ended 31 August 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
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
At 1 September 2023
75,886
At 1 September 2023
75,886
Purchased Goodwill is being written off on a straight line basis over 5 years
SR Early Years Limited
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Total
At 1 September 2023
32,696
At 1 September 2023
25,142
6
Average number of employees
During the year the average number of employees was 14 (2023: 13).