Acorah Software Products - Accounts Production 16.1.300 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08638834 Miss Sarah Hepworth Mr Jonathan Hepworth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08638834 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-08-31 08638834 2023-08-31 08638834 2024-08-31 08638834 2023-09-01 2024-08-31 08638834 frs-core:CurrentFinancialInstruments 2024-08-31 08638834 frs-core:Non-currentFinancialInstruments 2024-08-31 08638834 frs-core:ComputerEquipment 2024-08-31 08638834 frs-core:ComputerEquipment 2023-09-01 2024-08-31 08638834 frs-core:ComputerEquipment 2023-08-31 08638834 frs-core:FurnitureFittings 2024-08-31 08638834 frs-core:FurnitureFittings 2023-09-01 2024-08-31 08638834 frs-core:FurnitureFittings 2023-08-31 08638834 frs-core:NetGoodwill 2024-08-31 08638834 frs-core:NetGoodwill 2023-09-01 2024-08-31 08638834 frs-core:NetGoodwill 2023-08-31 08638834 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 08638834 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 08638834 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 08638834 frs-core:ShareCapital 2024-08-31 08638834 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08638834 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08638834 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08638834 frs-bus:SmallEntities 2023-09-01 2024-08-31 08638834 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08638834 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08638834 frs-bus:Director1 2023-09-01 2024-08-31 08638834 frs-bus:Director2 2023-09-01 2024-08-31 08638834 frs-countries:EnglandWales 2023-09-01 2024-08-31 08638834 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-08-31 08638834 2022-08-31 08638834 2023-08-31 08638834 2022-09-01 2023-08-31 08638834 frs-core:CurrentFinancialInstruments 2023-08-31 08638834 frs-core:Non-currentFinancialInstruments 2023-08-31 08638834 frs-core:ShareCapital 2023-08-31 08638834 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08638834
Little Blossoms Day Care Nursery Limited
Unaudited Financial Statements
For The Year Ended 31 August 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: 08638834
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 14,000 16,800
Tangible Assets 5 428,474 443,309
442,474 460,109
CURRENT ASSETS
Debtors 6 36,257 31,705
Cash at bank and in hand 283,245 350,595
319,502 382,300
Creditors: Amounts Falling Due Within One Year 7 (79,832 ) (90,811 )
NET CURRENT ASSETS (LIABILITIES) 239,670 291,489
TOTAL ASSETS LESS CURRENT LIABILITIES 682,144 751,598
Creditors: Amounts Falling Due After More Than One Year 8 (291,595 ) (307,733 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (20,939 ) (21,944 )
NET ASSETS 369,610 421,921
CAPITAL AND RESERVES
Called up share capital 10 102 102
Income Statement 369,508 421,819
SHAREHOLDERS' FUNDS 369,610 421,921
Page 1
Page 2
For the year ending 31 August 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 Jonathan Hepworth
Director
5 March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Little Blossoms Day Care Nursery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08638834 . The registered office is Kirklea, Station Road, Crosshills, West Yorkshire, BD20 7DT.
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. Going Concern Disclosure
When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern assumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue.
2.3. 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.
2.4. 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 ten years.
2.5. 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:
Freehold 2% on cost
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% on cost
2.6. 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 year 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.
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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
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. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 23 (2023: 23)
23 23
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 40,000
As at 31 August 2024 40,000
Amortisation
As at 1 September 2023 23,200
Provided during the period 2,800
As at 31 August 2024 26,000
Net Book Value
As at 31 August 2024 14,000
As at 1 September 2023 16,800
5. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 491,704 16,862 5,039 513,605
Disposals (2,118 ) - - (2,118 )
As at 31 August 2024 489,586 16,862 5,039 511,487
Depreciation
As at 1 September 2023 64,025 2,306 3,965 70,296
Provided during the period 9,834 2,184 748 12,766
Disposals (49 ) - - (49 )
As at 31 August 2024 73,810 4,490 4,713 83,013
Net Book Value
As at 31 August 2024 415,776 12,372 326 428,474
As at 1 September 2023 427,679 14,556 1,074 443,309
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 34,683 28,404
Other debtors 1,574 3,301
36,257 31,705
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 10,973 16,292
Other creditors 26,384 21,757
Taxation and social security 42,475 52,762
79,832 90,811
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 284,889 301,520
Other creditors 6,706 6,213
291,595 307,733
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Bank loans 284,889 301,520
Other Creditors 6,706 6,213
9. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured. The bank loan is secured with a floating charge that covers all the property or undertaking of the company.
2024 2023
£ £
Bank loans and overdrafts 295,862 317,812
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 102 102
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