Registered number
09040390
Yellow Bunnies Daycare Ltd
Filleted Accounts
31 May 2024
Yellow Bunnies Daycare Ltd
Registered number: 09040390
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 19,268 17,426
Current assets
Cash at bank and in hand 25,546 49,905
Creditors: amounts falling due within one year 5 (5,813) (15,704)
Net current assets 19,733 34,201
Total assets less current liabilities 39,001 51,627
Creditors: amounts falling due after more than one year 6 (32,571) (35,160)
Net assets 6,430 16,467
Capital and reserves
Called up share capital 3 3
Profit and loss account 6,427 16,464
Shareholders' funds 6,430 16,467
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Miss T Davies
Director
Approved by the board on 02.01.25
Yellow Bunnies Daycare Ltd
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
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).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 8 9
3 Intangible fixed assets £
Goodwill:
Cost
At 1 June 2023 10,000
At 31 May 2024 10,000
Amortisation
At 1 June 2023 10,000
At 31 May 2024 10,000
Net book value
At 31 May 2024 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 June 2023 3,162 21,558 24,720
Additions 7,670 - 7,670
At 31 May 2024 10,832 21,558 32,390
Depreciation
At 1 June 2023 1,904 5,390 7,294
Charge for the year 1,786 4,042 5,828
At 31 May 2024 3,690 9,432 13,122
Net book value
At 31 May 2024 7,142 12,126 19,268
At 31 May 2023 1,258 16,168 17,426
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 4,727 14,691
Other creditors 1,086 1,013
5,813 15,704
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 13,072 15,661
Other creditors 19,499 19,499
32,571 35,160
7 Other information
Yellow Bunnies Daycare Ltd is a private company limited by shares and incorporated in England & Wales. Its registered office is:
Lysaghts
Orb Drive
Newport
South Wales
NP19 0RA
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