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REGISTERED NUMBER: 05102780 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Shine Childcare Limited

Shine Childcare Limited (Registered number: 05102780)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shine Childcare Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr G Abbott
Mrs A Abbott





SECRETARY: Mr G Abbott





REGISTERED OFFICE: Beck Cottage Long Causeway
Adel
Leeds
LS16 8EE





REGISTERED NUMBER: 05102780 (England and Wales)





ACCOUNTANTS: KJA Kilner Johnson Ltd
Network House
Stubs Beck Lane
Cleckheaton
BD19 4TT

Shine Childcare Limited (Registered number: 05102780)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 213,777 249,322
Tangible assets 5 2,354,581 2,391,675
Investments 6 823,619 -
Investment property 7 - 1,000,000
3,391,977 3,640,997

CURRENT ASSETS
Stocks 7,776 9,276
Debtors 8 25,094 21,506
Cash at bank and in hand 85,310 306,308
118,180 337,090
CREDITORS
Amounts falling due within one year 9 443,313 353,082
NET CURRENT LIABILITIES (325,133 ) (15,992 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,066,844

3,625,005

CREDITORS
Amounts falling due after more than one year 10 (271,328 ) (248,647 )

PROVISIONS FOR LIABILITIES (15,877 ) (84,502 )
NET ASSETS 2,779,639 3,291,856

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 12,452 -
Retained earnings 2,766,187 3,290,856
2,779,639 3,291,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Shine Childcare Limited (Registered number: 05102780)

Balance Sheet - continued
30 September 2024


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by:





Mr G Abbott - Director


Shine Childcare Limited (Registered number: 05102780)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Shine Childcare Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% straight line
Fixtures and fittings - 25% straight line and 20% straight line
Motor vehicles - 20% reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Shine Childcare Limited (Registered number: 05102780)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 119 (2023 - 117 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 710,895
AMORTISATION
At 1 October 2023 461,573
Charge for year 35,545
At 30 September 2024 497,118
NET BOOK VALUE
At 30 September 2024 213,777
At 30 September 2023 249,322

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 October 2023 2,544,610 600,816 21,860 3,167,286
Additions 49,800 5,850 - 55,650
Disposals - (2,846 ) - (2,846 )
At 30 September 2024 2,594,410 603,820 21,860 3,220,090
DEPRECIATION
At 1 October 2023 257,291 501,686 16,634 775,611
Charge for year 52,025 38,131 2,588 92,744
Eliminated on disposal - (2,846 ) - (2,846 )
At 30 September 2024 309,316 536,971 19,222 865,509
NET BOOK VALUE
At 30 September 2024 2,285,094 66,849 2,638 2,354,581
At 30 September 2023 2,287,319 99,130 5,226 2,391,675

Shine Childcare Limited (Registered number: 05102780)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 810,000
Share of profit/(loss) 13,619
At 30 September 2024 823,619
NET BOOK VALUE
At 30 September 2024 823,619

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 1,000,000
Disposals (1,000,000 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 1,000,000

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,428 11,698
Other debtors 19,666 9,808
25,094 21,506

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 14,655 4,534
Amounts owed to participating interests 82,840 -
Taxation and social security 222,319 159,956
Other creditors 123,499 188,592
443,313 353,082

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 271,328 248,647

11. ULTIMATE CONTROLLING PARTY

The controlling party is Shine Holdings Limited.