2023-01-01 2023-12-31 false Capium Accounts Production 1.1 11837617 2023-01-01 2023-12-31 11837617 bus:FullAccounts 2023-01-01 2023-12-31 11837617 bus:FRS102 2023-01-01 2023-12-31 11837617 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 11837617 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11837617 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11837617 2023-01-01 2023-12-31 11837617 2023-12-31 11837617 bus:RegisteredOffice 2023-01-01 2023-12-31 11837617 core:WithinOneYear 2023-12-31 11837617 core:AfterOneYear 2023-12-31 11837617 1 2023-01-01 2023-12-31 11837617 bus:Director1 2023-01-01 2023-12-31 11837617 bus:Director1 2023-12-31 11837617 bus:Director1 2022-01-01 2022-12-31 11837617 2022-01-01 11837617 bus:LeadAgentIfApplicable 2023-01-01 2023-12-31 11837617 2022-01-01 2022-12-31 11837617 2022-12-31 11837617 core:WithinOneYear 2022-12-31 11837617 core:AfterOneYear 2022-12-31 11837617 bus:EntityAccountantsOrAuditors 2022-01-01 2022-12-31 11837617 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 11837617 bus:OrdinaryShareClass1 2023-12-31 11837617 bus:OrdinaryShareClass1 2022-01-01 2022-12-31 11837617 bus:OrdinaryShareClass1 2022-12-31 11837617 core:MotorCars 2023-01-01 2023-12-31 11837617 core:MotorCars 2023-12-31 11837617 core:MotorCars 2022-12-31 11837617 core:FurnitureFittings 2023-01-01 2023-12-31 11837617 core:FurnitureFittings 2023-12-31 11837617 core:FurnitureFittings 2022-12-31 11837617 core:ComputerEquipment 2023-01-01 2023-12-31 11837617 core:ComputerEquipment 2023-12-31 11837617 core:ComputerEquipment 2022-12-31 11837617 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-12-31 11837617 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-12-31 11837617 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 11837617 core:CostValuation core:Non-currentFinancialInstruments 2022-12-31 11837617 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-12-31 11837617 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 11837617 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 11837617 core:Non-currentFinancialInstruments 2023-12-31 11837617 core:Non-currentFinancialInstruments 2022-12-31 11837617 core:ShareCapital 2023-12-31 11837617 core:ShareCapital 2022-12-31 11837617 core:RetainedEarningsAccumulatedLosses 2023-12-31 11837617 core:RetainedEarningsAccumulatedLosses 2022-12-31 11837617 dpl:Item1 2023-01-01 11837617 dpl:Item1 2023-12-31 11837617 dpl:Item1 2022-01-01 11837617 dpl:Item1 2022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11837617
England and Wales

 

 

 

OMRAJ CHILDCARE LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 January 2023

End date: 31 December 2023
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 318,581    115,717 
318,581    115,717 
Current assets      
Debtors 4 282,679    82,681 
Cash at bank and in hand 48,131    140,716 
330,810    223,397 
Creditors: amount falling due within one year 5 (179,774)   (113,141)
Net current assets 151,036    110,256 
 
Total assets less current liabilities 469,617    225,973 
Creditors: amount falling due after more than one year 6 (313,084)   (210,282)
Accruals and deferred income (14,578)   (14,578)
Provisions for liabilities 7 (1,193)   (810)
Net assets 140,762    303 
 

Capital and reserves
     
Called up share capital 8 1    1 
Profit and loss account 140,761    302 
Shareholders' funds 140,762    303 
 


For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 27 December 2024 and were signed by:


-------------------------------
A Walia
Director
1
General Information
Omraj Childcare Ltd is a private company, limited by shares, registered in England and Wales, registration number 11837617, registration address Rivendell Court, 174 Terrace Road, Walton-On-Thames, Surrey, KT12 2ED.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The director believes that the company is well placed to manage its business risks successfully. Accordingly, she has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus she continues to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 20% Straight Line
Fixtures and Fittings 20% Reducing Balance
Computer Equipment 20% Reducing Balance
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.

Average number of employees

Average number of employees during the year was 20 (2022 : 19).
3.

Tangible fixed assets

Cost or valuation Motor Vehicles   Fixtures and Fittings   Computer Equipment   Improvements to property   Total
  £   £   £   £   £
At 01 January 2023   96,803    7,341    71,821    175,965 
Additions 199,760    10,937    11,099      221,796 
Disposals        
At 31 December 2023 199,760    107,740    18,440    71,821    397,761 
Depreciation
At 01 January 2023   46,992    2,483    10,773    60,248 
Charge for year   12,149    3,192    3,591    18,932 
On disposals        
At 31 December 2023   59,141    5,675    14,364    79,180 
Net book values
Closing balance as at 31 December 2023 199,760    48,599    12,765    57,457    318,581 
Opening balance as at 01 January 2023   49,811    4,858    61,048    115,717 

The net book value of Improvements to property includes £ 57,457 (2022 £61,048) in respect of assets leased under finance leases or hire purchase contracts.

4.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 12,909    12,909 
Other Debtors 269,770    69,772 
282,679    82,681 

5.

Creditors: amount falling due within one year

2023
£
  2022
£
Bank Loans & Overdrafts 40,648    39,539 
Taxation and Social Security 24,522    20,127 
Obligations under HP/Financial Leases 36,715   
Other Creditors 77,889    53,475 
179,774    113,141 

6.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bank Loans & Overdrafts 169,282    210,282 
Obligations under HP/Financial Leases 143,802   
313,084    210,282 

7.

Provisions for liabilities

2023
£
  2022
£
Pension Provisions 1,193    810 
1,193    810 

8.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
1 Ordinary share of £1.00 each  
 

9.

Directors' Loan Account

At 31 December 2023, the directors' loan account of -£34,621 (2022: -£43,676) is unsecured, repayable on demand and interest free.
During the year, the director incurred the following transactions:
Directors' Loan Account   Balance B/F
£
  Advances
£
  Credits
£
  Balance C/F
£
A Walia (43,676) (163,847) 172,902  (34,621)

10.

Security

The short and long term loans are secured against the company assets.
11.

Control

The company was under the control of the director in the current and previous year.
2