PAYG CHILDCARE LTD

Company Registration Number:
12331215 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

PAYG CHILDCARE LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PAYG CHILDCARE LTD

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 280,000 200,000
Cost of sales: ( 120,000 ) ( 90,000 )
Gross profit(or loss): 160,000 110,000
Distribution costs: ( 39,400 ) ( 29,000 )
Administrative expenses: ( 5,880 ) ( 4,470 )
Other operating income: 7,000 4,000
Operating profit(or loss): 121,720 80,530
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 13,200 ) ( 13,200 )
Profit(or loss) before tax: 108,520 67,330
Tax: ( 43,408 ) ( 26,932 )
Profit(or loss) for the financial year: 65,112 40,398

PAYG CHILDCARE LTD

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 40,000 40,000
Tangible assets: 4 119,900 128,800
Investments:   0 0
Total fixed assets: 159,900 168,800
Current assets
Stocks: 5 50,000 48,000
Debtors: 6 8,000 6,500
Cash at bank and in hand: 30,000 15,000
Investments:   0 0
Total current assets: 88,000 69,500
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 25,644 ) ( 50,000 )
Net current assets (liabilities): 62,356 19,500
Total assets less current liabilities: 222,256 188,300
Creditors: amounts falling due after more than one year: 8 ( 38,470 ) ( 61,070 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 ( 8,556 )
Total net assets (liabilities): 183,786 118,674
Capital and reserves
Called up share capital: 60,000 60,000
Share premium account: 0 0
Other reserves: 58,674 18,276
Profit and loss account: 65,112 40,398
Total Shareholders' funds: 183,786 118,674

The notes form part of these financial statements

PAYG CHILDCARE LTD

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 25 March 2025
and signed on behalf of the board by:

Name: Nomzamo Sibanda
Status: Director

The notes form part of these financial statements

PAYG CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Straight line method

PAYG CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 15 15

PAYG CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 December 2022 40,000 0 40,000
Additions 0 0 0
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 30 November 2023 40,000 0 40,000
Amortisation
At 1 December 2022 0 0 0
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 30 November 2023 0 0 0
Net book value
At 30 November 2023 40,000 0 40,000
At 30 November 2022 40,000 0 40,000

PAYG CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 150,000 0 0 0 5,000 155,000
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 November 2023 150,000 0 0 0 5,000 155,000
Depreciation
At 1 December 2022 25,200 0 0 0 1,000 26,200
Charge for year 8,400 0 0 500 8,900
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 30 November 2023 33,600 0 0 0 1,500 35,100
Net book value
At 30 November 2023 116,400 0 0 0 3,500 119,900
At 30 November 2022 124,800 0 0 0 4,000 128,800

PAYG CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Stocks

2023 2022
£ £
Stocks 50,000 48,000
Payments on account 0 0
Total 50,000 48,000

PAYG CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Debtors

2023 2022
£ £
Trade debtors 8,000 6,500
Prepayments and accrued income 0 0
Other debtors 0 0
Total 8,000 6,500
Debtors due after more than one year: 8,000 6,500

PAYG CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

7. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 25,644 50,000
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 25,644 50,000

PAYG CHILDCARE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

8. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 3,600 16,800
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 34,870 44,270
Total 38,470 61,070