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REGISTERED NUMBER: 04676276 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

PITTER PATTER DAY NURSERY LIMITED

PITTER PATTER DAY NURSERY LIMITED (REGISTERED NUMBER: 04676276)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

PITTER PATTER DAY NURSERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mrs D A Jones
S J Jones



SECRETARY: S J Jones



REGISTERED OFFICE: 2, Dulais Road,
Pontardulais
Swansea
SA4 8RH



REGISTERED NUMBER: 04676276 (England and Wales)



ACCOUNTANTS: John F. Harvey
Dynevor House
5-6 De La Beche Street
Swansea
SA1 3HA



BANKERS: Lloyds Bank plc
21 Stepney Street
Llanelli
Carmarthenshire
SA15 3YD

PITTER PATTER DAY NURSERY LIMITED (REGISTERED NUMBER: 04676276)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,418 50,816
Investment property 5 266,175 258,422
301,593 309,238

CURRENT ASSETS
Stocks 400 380
Debtors 6 242,218 264,679
Cash at bank 318,762 249,502
561,380 514,561
CREDITORS
Amounts falling due within one year 7 144,993 125,595
NET CURRENT ASSETS 416,387 388,966
TOTAL ASSETS LESS CURRENT
LIABILITIES

717,980

698,204

CREDITORS
Amounts falling due after more than one
year

8

(3,200

)

(4,000

)

PROVISIONS FOR LIABILITIES (10,106 ) (9,281 )
NET ASSETS 704,674 684,923

PITTER PATTER DAY NURSERY LIMITED (REGISTERED NUMBER: 04676276)

BALANCE SHEET - continued
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings 704,669 684,918
SHAREHOLDERS' FUNDS 704,674 684,923

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:





S J Jones - Director


PITTER PATTER DAY NURSERY LIMITED (REGISTERED NUMBER: 04676276)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Pitter Patter Day Nursery Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents amounts receivable for the provision of childcare services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.


PITTER PATTER DAY NURSERY LIMITED (REGISTERED NUMBER: 04676276)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 & loss in the period to which they relate. The company also makes contributions under Auto Enrolment for its employees.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2023 - 25 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 March 2023 74,657 20,416 28,162
Additions - - -
Disposals - - (1,961 )
At 29 February 2024 74,657 20,416 26,201
DEPRECIATION
At 1 March 2023 53,518 19,399 20,874
Charge for year 3,934 365 3,738
Eliminated on disposal - - (1,958 )
At 29 February 2024 57,452 19,764 22,654
NET BOOK VALUE
At 29 February 2024 17,205 652 3,547
At 28 February 2023 21,139 1,017 7,288

PITTER PATTER DAY NURSERY LIMITED (REGISTERED NUMBER: 04676276)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2023 26,880 5,029 155,144
Additions - 199 199
Disposals - (1,061 ) (3,022 )
At 29 February 2024 26,880 4,167 152,321
DEPRECIATION
At 1 March 2023 6,720 3,817 104,328
Charge for year 6,720 836 15,593
Eliminated on disposal - (1,060 ) (3,018 )
At 29 February 2024 13,440 3,593 116,903
NET BOOK VALUE
At 29 February 2024 13,440 574 35,418
At 28 February 2023 20,160 1,212 50,816

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023 258,422
Revaluations 7,753
At 29 February 2024 266,175
NET BOOK VALUE
At 29 February 2024 266,175
At 28 February 2023 258,422

Fair value at 29 February 2024 is represented by:
£   
Valuation in 2024 7,753
Cost 258,422
266,175

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 242,218 264,679

PITTER PATTER DAY NURSERY LIMITED (REGISTERED NUMBER: 04676276)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,820 2,536
Taxation and social security 25,888 45,267
Other creditors 116,285 77,792
144,993 125,595

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Other creditors 3,200 4,000

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
Mrs D A Jones
Balance outstanding at start of year 207,843 193,269
Amounts advanced - 14,574
Amounts repaid (27,973 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 179,870 207,843

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs D A Jones.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PITTER PATTER DAY NURSERY LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Pitter Patter Day Nursery Limited for the year ended 29 February 2024 which comprise the Profit and Loss Account, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Pitter Patter Day Nursery Limited, as a body, in accordance with the terms of our engagement letter dated 12 November 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Pitter Patter Day Nursery Limited and state those matters that we have agreed to state to the Board of Directors of Pitter Patter Day Nursery Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pitter Patter Day Nursery Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Pitter Patter Day Nursery Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pitter Patter Day Nursery Limited. You consider that Pitter Patter Day Nursery 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 financial statements of Pitter Patter Day Nursery 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 financial statements.






John F. Harvey
Dynevor House
5-6 De La Beche Street
Swansea
SA1 3HA


28 November 2024