Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 11018363 Mrs L H Pottinger Mr M J Pottinger Mr A Ridley Mrs A D Ridley Mrs L H Pottinger true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11018363 2023-10-31 11018363 2024-10-31 11018363 2023-11-01 2024-10-31 11018363 frs-core:CurrentFinancialInstruments 2024-10-31 11018363 frs-core:Non-currentFinancialInstruments 2024-10-31 11018363 frs-core:ComputerEquipment 2023-11-01 2024-10-31 11018363 frs-core:FurnitureFittings 2024-10-31 11018363 frs-core:FurnitureFittings 2023-11-01 2024-10-31 11018363 frs-core:FurnitureFittings 2023-10-31 11018363 frs-core:NetGoodwill 2024-10-31 11018363 frs-core:NetGoodwill 2023-11-01 2024-10-31 11018363 frs-core:NetGoodwill 2023-10-31 11018363 frs-core:ShareCapital 2024-10-31 11018363 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 11018363 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11018363 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 11018363 frs-bus:SmallEntities 2023-11-01 2024-10-31 11018363 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11018363 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 11018363 1 2023-11-01 2024-10-31 11018363 frs-bus:Director1 2023-11-01 2024-10-31 11018363 frs-bus:Director2 2023-11-01 2024-10-31 11018363 frs-bus:Director3 2023-11-01 2024-10-31 11018363 frs-bus:Director4 2023-11-01 2024-10-31 11018363 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 11018363 frs-countries:EnglandWales 2023-11-01 2024-10-31 11018363 2022-10-31 11018363 2023-10-31 11018363 2022-11-01 2023-10-31 11018363 frs-core:CurrentFinancialInstruments 2023-10-31 11018363 frs-core:Non-currentFinancialInstruments 2023-10-31 11018363 frs-core:ShareCapital 2023-10-31 11018363 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 11018363
Grass Roots Private Day Nursery Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 11018363
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 3 6,200 9,300
Tangible Assets 4 9,599 14,178
15,799 23,478
CURRENT ASSETS
Debtors 5 29,886 9,722
Cash at bank and in hand 119,258 83,775
149,144 93,497
Creditors: Amounts Falling Due Within One Year 6 (138,338 ) (82,017 )
NET CURRENT ASSETS (LIABILITIES) 10,806 11,480
TOTAL ASSETS LESS CURRENT LIABILITIES 26,605 34,958
Creditors: Amounts Falling Due After More Than One Year 7 (9,459 ) (17,427 )
NET ASSETS 17,146 17,531
CAPITAL AND RESERVES
Called up share capital 3 3
Income Statement 17,143 17,528
SHAREHOLDERS' FUNDS 17,146 17,531
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For the year ending 31 October 2024 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 Income Statement.
On behalf of the board
Mr A Ridley
Director
12th December 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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 rendering of services and funding received.
1.3. 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 income statement over its estimated economic life of 5 years.
1.4. 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 20% On Cost
Computer Equipment 25% On Cost
1.5. 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. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
1.6. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 34 (2023: 33)
34 33
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3. Intangible Assets
Goodwill
£
Cost
As at 1 November 2023 15,500
As at 31 October 2024 15,500
Amortisation
As at 1 November 2023 6,200
Provided during the period 3,100
As at 31 October 2024 9,300
Net Book Value
As at 31 October 2024 6,200
As at 1 November 2023 9,300
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 November 2023 38,478
Additions 1,566
As at 31 October 2024 40,044
Depreciation
As at 1 November 2023 24,300
Provided during the period 6,145
As at 31 October 2024 30,445
Net Book Value
As at 31 October 2024 9,599
As at 1 November 2023 14,178
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,058 8,922
Other debtors 24,828 800
29,886 9,722
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 7,800 7,800
Other creditors 95,530 64,235
Taxation and social security 35,008 9,982
138,338 82,017
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,459 17,427
9,459 17,427
8. Ultimate Controlling Party
The company was controlled throughout the year by the directors who own 100% of the issued share capital.
9. General Information
Grass Roots Private Day Nursery Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11018363 . The registered office is 3 Waverley Road, Elland, HX5 0NL.
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