Company Registration No. 12066555 (England and Wales)
Cottontails Day Nursery Limited
Unaudited accounts
for the year ended 30 June 2024
Cottontails Day Nursery Limited
Unaudited accounts
Contents
Cottontails Day Nursery Limited
Company Information
for the year ended 30 June 2024
Company Number
12066555 (England and Wales)
Registered Office
Mercer Street
Burtonwood
Warrington
WA5 4JJ
United Kingdom
Accountants
Townley & Co Limited
Warrington Business Centre
67 Bewsey Street
Warrington
WA2 7JQ
Cottontails Day Nursery Limited
Statement of financial position
as at 30 June 2024
Tangible assets
70,337
86,518
Cash at bank and in hand
59,216
54,139
Creditors: amounts falling due within one year
(163,797)
(183,815)
Net current assets/(liabilities)
2,876
(47,022)
Total assets less current liabilities
73,214
39,497
Creditors: amounts falling due after more than one year
(7,139)
(17,125)
Called up share capital
4
4
Profit and loss account
66,071
22,368
Shareholders' funds
66,075
22,372
For the year ending 30 June 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 July 2024 and were signed on its behalf by
H J Butterworth
Director
Company Registration No. 12066555
Cottontails Day Nursery Limited
Notes to the Accounts
for the year ended 30 June 2024
Cottontails Day Nursery Limited is a private company, limited by shares, registered in England and Wales, registration number 12066555. The registered office is Mercer Street, Burtonwood, Warrington, WA5 4JJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight Line
Plant & machinery
25% Reducing Balance
Computer equipment
33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Cottontails Day Nursery Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
104,668
52,190
9,027
165,885
At 30 June 2024
104,668
52,190
9,027
165,885
At 1 July 2023
32,287
41,349
5,731
79,367
Charge for the year
10,462
2,710
3,009
16,181
At 30 June 2024
42,749
44,059
8,740
95,548
At 30 June 2024
61,919
8,131
287
70,337
At 30 June 2023
72,381
10,841
3,296
86,518
Amounts falling due within one year
Trade debtors
27,188
29,254
Other debtors
80,269
53,400
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,232
11,232
Taxes and social security
24,236
25,937
Other creditors
2,325
2,277
Loans from directors
126,004
144,369
Cottontails Day Nursery Limited
Notes to the Accounts
for the year ended 30 June 2024
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 38 (2023: 42).