Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-31false2023-08-01falseNo description of principal activity2017falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC478466 2023-08-01 2024-07-31 SC478466 2022-08-01 2023-07-31 SC478466 2024-07-31 SC478466 2023-07-31 SC478466 c:Director1 2023-08-01 2024-07-31 SC478466 c:Director2 2023-08-01 2024-07-31 SC478466 c:Director3 2023-08-01 2024-07-31 SC478466 c:RegisteredOffice 2023-08-01 2024-07-31 SC478466 d:Buildings 2023-08-01 2024-07-31 SC478466 d:Buildings 2024-07-31 SC478466 d:Buildings 2023-07-31 SC478466 d:Buildings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 SC478466 d:FurnitureFittings 2023-08-01 2024-07-31 SC478466 d:FurnitureFittings 2024-07-31 SC478466 d:FurnitureFittings 2023-07-31 SC478466 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 SC478466 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 SC478466 d:CurrentFinancialInstruments 2024-07-31 SC478466 d:CurrentFinancialInstruments 2023-07-31 SC478466 d:Non-currentFinancialInstruments 2024-07-31 SC478466 d:Non-currentFinancialInstruments 2023-07-31 SC478466 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 SC478466 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 SC478466 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 SC478466 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 SC478466 d:ShareCapital 2024-07-31 SC478466 d:ShareCapital 2023-07-31 SC478466 d:RetainedEarningsAccumulatedLosses 2024-07-31 SC478466 d:RetainedEarningsAccumulatedLosses 2023-07-31 SC478466 c:OrdinaryShareClass1 2023-08-01 2024-07-31 SC478466 c:OrdinaryShareClass1 2024-07-31 SC478466 c:OrdinaryShareClass1 2023-07-31 SC478466 c:FRS102 2023-08-01 2024-07-31 SC478466 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC478466 c:FullAccounts 2023-08-01 2024-07-31 SC478466 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC478466 2 2023-08-01 2024-07-31 SC478466 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC478466










LITTLE BEEHIVE NURSERY (ST ANDREWS) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

 
LITTLE BEEHIVE NURSERY (ST ANDREWS) LIMITED
 

COMPANY INFORMATION


Directors
Mrs J Martin 
Mrs C Cunningham 
Mrs S Davidson 




Registered number
SC478466



Registered office
F1 The Granary Business Centre
Coal Road

Cupar

Fife

KY15 5YQ




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
LITTLE BEEHIVE NURSERY (ST ANDREWS) LIMITED
REGISTERED NUMBER: SC478466

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
655,567
516,753

  
655,567
516,753

Current assets
  

Debtors: amounts falling due within one year
 5 
42,065
35,179

Cash at bank and in hand
  
-
47,157

  
42,065
82,336

Creditors: amounts falling due within one year
 6 
(221,908)
(117,321)

Net current liabilities
  
 
 
(179,843)
 
 
(34,985)

Total assets less current liabilities
  
475,724
481,768

Creditors: amounts falling due after more than one year
 7 
(215,640)
(232,089)

Provisions for liabilities
  

Deferred tax
  
(6,295)
-

  
 
 
(6,295)
 
 
-

Net assets
  
253,789
249,679


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
253,779
249,669

  
253,789
249,679


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 March 2025.



Page 1

 
LITTLE BEEHIVE NURSERY (ST ANDREWS) LIMITED
REGISTERED NUMBER: SC478466

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2024


Mrs J Martin
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
LITTLE BEEHIVE NURSERY (ST ANDREWS) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Little Beehive Nursery (St Andrews) Limited is a private company, limited by shares, domiciled in Scotland with registration number SC478466. The registration office is F1 The Granary Business Centre, Coal Road, Cupar, Fife, KY15 5YQ. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
LITTLE BEEHIVE NURSERY (ST ANDREWS) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
Not depreciated
Fixtures and fittings
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
LITTLE BEEHIVE NURSERY (ST ANDREWS) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Employees
20
17


4.


Tangible fixed assets





Freehold property
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 August 2023
513,165
13,859
527,024


Additions
117,221
27,889
145,110



At 31 July 2024

630,386
41,748
672,134



Depreciation


At 1 August 2023
-
10,271
10,271


Charge for the year on owned assets
-
6,296
6,296



At 31 July 2024

-
16,567
16,567



Net book value



At 31 July 2024
630,386
25,181
655,567



At 31 July 2023
513,165
3,588
516,753

Page 5

 
LITTLE BEEHIVE NURSERY (ST ANDREWS) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
17,894
2,150

Amounts owed by group undertakings
-
31,732

Other debtors
21,043
1,297

Prepayments and accrued income
3,128
-

42,065
35,179



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
23,283
-

Bank loans
28,556
28,556

Amounts owed to group undertakings
112,905
-

Other taxation and social security
20,821
35,866

Other creditors
-
49,511

Accruals and deferred income
36,343
3,388

221,908
117,321


The bank loan is secured by a bond and floating charge over the property and all the assets of the  company. 


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
215,640
232,089

215,640
232,089


The bank loan is secured by a bond and floating charge over the property and all the assets of the  company. 


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10 (2023 - 10) Ordinary shares shares of £1.00 each
10
10



Page 6