Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 08810377 Mrs L M Kalis R Kalis Mrs L M Kalis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08810377 2022-12-31 08810377 2023-12-31 08810377 2023-01-01 2023-12-31 08810377 frs-core:CurrentFinancialInstruments 2023-12-31 08810377 frs-core:Non-currentFinancialInstruments 2023-12-31 08810377 frs-core:ComputerEquipment 2023-12-31 08810377 frs-core:ComputerEquipment 2023-01-01 2023-12-31 08810377 frs-core:ComputerEquipment 2022-12-31 08810377 frs-core:FurnitureFittings 2023-12-31 08810377 frs-core:FurnitureFittings 2023-01-01 2023-12-31 08810377 frs-core:FurnitureFittings 2022-12-31 08810377 frs-core:NetGoodwill 2023-12-31 08810377 frs-core:NetGoodwill 2023-01-01 2023-12-31 08810377 frs-core:NetGoodwill 2022-12-31 08810377 frs-core:ShareCapital 2023-12-31 08810377 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08810377 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08810377 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 08810377 frs-bus:SmallEntities 2023-01-01 2023-12-31 08810377 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08810377 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08810377 frs-bus:Director1 2023-01-01 2023-12-31 08810377 frs-bus:Director1 2022-12-31 08810377 frs-bus:Director1 2023-12-31 08810377 frs-bus:Director2 2023-01-01 2023-12-31 08810377 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 08810377 frs-countries:EnglandWales 2023-01-01 2023-12-31 08810377 2021-12-31 08810377 2022-12-31 08810377 2022-01-01 2022-12-31 08810377 frs-core:CurrentFinancialInstruments 2022-12-31 08810377 frs-core:Non-currentFinancialInstruments 2022-12-31 08810377 frs-core:ShareCapital 2022-12-31 08810377 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 08810377
Tiny Tots Nursery (Derby) Limited
Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08810377
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 5,528
Tangible Assets 5 9,809 12,920
9,809 18,448
CURRENT ASSETS
Debtors 6 96,671 62,974
Cash at bank and in hand 16,733 23,203
113,404 86,177
Creditors: Amounts Falling Due Within One Year 7 (105,177 ) (92,874 )
NET CURRENT ASSETS (LIABILITIES) 8,227 (6,697 )
TOTAL ASSETS LESS CURRENT LIABILITIES 18,036 11,751
Creditors: Amounts Falling Due After More Than One Year 8 (14,815 ) (24,965 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,341 ) (1,790 )
NET ASSETS/(LIABILITIES) 1,880 (15,004 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 1,780 (15,104 )
SHAREHOLDERS' FUNDS 1,880 (15,004)
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For the year ending 31 December 2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs L M Kalis
Director
31 January 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Tiny Tots Nursery (Derby) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08810377 . The registered office is The Lodge, 93 Shardlow Road, Alvaston, Derby, Derbyshire, DE24 0JP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 15% straight line
Computer Equipment 33.3% straight line
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2022: 13)
12 13
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4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 55,430
As at 31 December 2023 55,430
Amortisation
As at 1 January 2023 49,902
Provided during the period 5,528
As at 31 December 2023 55,430
Net Book Value
As at 31 December 2023 -
As at 1 January 2023 5,528
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 20,741 2,621 23,362
As at 31 December 2023 20,741 2,621 23,362
Depreciation
As at 1 January 2023 7,821 2,621 10,442
Provided during the period 3,111 - 3,111
As at 31 December 2023 10,932 2,621 13,553
Net Book Value
As at 31 December 2023 9,809 - 9,809
As at 1 January 2023 12,920 - 12,920
6. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 1,235 1,393
Directors' loan accounts 71,696 46,469
72,931 47,862
Due after more than one year
Corporation tax recoverable 23,740 15,112
96,671 62,974
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7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 4,297 4,924
Bank loans and overdrafts 10,150 9,895
Corporation tax 43,918 23,498
Other taxes and social security 2,160 6,118
Other creditors 917 869
Accruals and deferred income 43,735 47,570
105,177 92,874
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 14,815 24,965
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mrs Linda Kalis 46,469 25,227 - - 71,696
The above loan is unsecured, has interest charged at 2.5% per annum and is repayable on demand.
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