Company Registration No. SC620888 (Scotland)
Stepping Stones Nursery Dunbar Limited
Unaudited accounts
for the year ended 29 February 2024
Stepping Stones Nursery Dunbar Limited
Unaudited accounts
Contents
Stepping Stones Nursery Dunbar Limited
Company Information
for the year ended 29 February 2024
Directors
Mr S Stewart
Mrs S Stewart
Company Number
SC620888 (Scotland)
Registered Office
23 Queen's Place
Dunbar
East Lothian
EH42 1YA
Scotland
Accountants
GF Accountancy Services Ltd
4 Rowanhill Way
Port Seton
East Lothian
EH32 0SZ
Stepping Stones Nursery Dunbar Limited
Statement of financial position
as at 29 February 2024
Tangible assets
6,430
8,462
Cash at bank and in hand
5,365
7,099
Creditors: amounts falling due within one year
(19,978)
(17,213)
Net current liabilities
(5,002)
(6,718)
Called up share capital
100
100
Profit and loss account
1,328
1,644
Shareholders' funds
1,428
1,744
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 16 November 2024 and were signed on its behalf by
Mr S Stewart
Director
Company Registration No. SC620888
Stepping Stones Nursery Dunbar Limited
Notes to the Accounts
for the year ended 29 February 2024
Stepping Stones Nursery Dunbar Limited is a private company, limited by shares, registered in Scotland, registration number SC620888. The registered office is 23 Queen's Place, Dunbar, East Lothian, EH42 1YA, Scotland.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
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Tangible fixed assets
Total
At 29 February 2024
22,038
At 29 February 2024
15,608
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
3,396
48,700
42,485
9,611
3,396
48,700
42,485
9,611
Stepping Stones Nursery Dunbar Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Transactions with related parties
The company was under the control of Mr S Stewart throughout the current and previous year. Mr S Stewart is a director and majority shareholder.
At the start of the year the Mr S Stewart owed the company an amount of £3,396. During the year various amounts were advanced to the company by Mr S Stewart and the company repaid various amounts to him. At the balance sheet date Mr S Stewart owed the company an amount of £9,611. This amount is included in other debtors due within one year. No interest was charged on this loan, this money was repaid to the company after the balance sheet date.
Mr S Stewart charged the company rent for the business premises, this was charged at open market value in the amount of £14,000.
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Average number of employees
During the year the average number of employees was 11 (2023: 9).