Company Registration No. 07836585 (England and Wales)
HOME FROM HOME CHILDREN'S DAY CARE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
HOME FROM HOME CHILDREN'S DAY CARE LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
HOME FROM HOME CHILDREN'S DAY CARE LTD
Company Registration No. 07836585
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
7,150
8,724
Current assets
Debtors
4
728,245
520,435
Cash at bank and in hand
43,479
105,414
771,724
625,849
Creditors: amounts falling due within one year
5
(218,101)
(146,340)
Net current assets
553,623
479,509
Total assets less current liabilities
560,773
488,233
Creditors: amounts falling due after more than one year
6
(265,747)
(234,153)
Net assets
295,026
254,080
Capital and reserves
Called up share capital
7
10
10
Profit and loss reserves
295,016
254,070
Total equity
295,026
254,080
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
HOME FROM HOME CHILDREN'S DAY CARE LTD
Company Registration No. 07836585
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 6 January 2025
E Miles
Director
HOME FROM HOME CHILDREN'S DAY CARE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
1
Accounting policies
Company information
Home from Home Children's day care Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 35 Pinewood Park, New Haw, KT15 3BS.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Leasehold improvements
5 year straight line
Fixtures and fittings
3 year straight line
Computers
3 year straight line
1.4
Taxation
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
1.5
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
HOME FROM HOME CHILDREN'S DAY CARE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 4 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
34
40
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 April 2023
12,448
34,108
46,556
Additions
2,876
2,876
At 31 March 2024
12,448
36,984
49,432
Depreciation and impairment
At 1 April 2023
8,308
29,524
37,832
Depreciation charged in the year
650
3,800
4,450
At 31 March 2024
8,958
33,324
42,282
Carrying amount
At 31 March 2024
3,490
3,660
7,150
At 31 March 2023
4,140
4,584
8,724
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,722
893
Other debtors
726,523
519,542
728,245
520,435
HOME FROM HOME CHILDREN'S DAY CARE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 5 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
86,964
50,667
Trade creditors
17,194
7,523
Taxation and social security
48,883
11,323
Other creditors
65,060
76,827
218,101
146,340
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
235,330
234,153
Other creditors
30,417
265,747
234,153
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
10
10
10
10
8
Related party transactions
At the balance sheet date the company owed £10,501 (£2,847 - 2023) to the director E Miles. This loan is interest free and repayable on demand.