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REGISTERED NUMBER: 05161343 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

FIRST STEPS NURSERY (SOLIHULL) LIMITED

FIRST STEPS NURSERY (SOLIHULL) LIMITED (REGISTERED NUMBER: 05161343)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


FIRST STEPS NURSERY (SOLIHULL) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







Director: Mrs L Boundy





Secretary: P Boundy





Registered office: 1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF





Registered number: 05161343 (England and Wales)





Accountants: Athos Business Solutions Limited
1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF

FIRST STEPS NURSERY (SOLIHULL) LIMITED (REGISTERED NUMBER: 05161343)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 92,382 509
92,382 509

CURRENT ASSETS
Debtors 6 623 4,226
Cash at bank 96,245 174,786
96,868 179,012
CREDITORS
Amounts falling due within one year 7 42,168 28,394
NET CURRENT ASSETS 54,700 150,618
TOTAL ASSETS LESS CURRENT
LIABILITIES

147,082

151,127

PROVISIONS FOR LIABILITIES 598 44
NET ASSETS 146,484 151,083

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 146,384 150,983
146,484 151,083

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

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

The director acknowledges her 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.

FIRST STEPS NURSERY (SOLIHULL) LIMITED (REGISTERED NUMBER: 05161343)

BALANCE SHEET - continued
30 JUNE 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 director and authorised for issue on 26 February 2025 and were signed by:





Mrs L Boundy - Director


FIRST STEPS NURSERY (SOLIHULL) LIMITED (REGISTERED NUMBER: 05161343)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

First Steps Nursery (Solihull) 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.

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 2004, is being amortised evenly over its estimated useful life of ten 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.
Improvements to property - in accordance with the property
Fixtures & Fittings - 25% on reducing balance
Computer equipment - 33% on cost

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.


FIRST STEPS NURSERY (SOLIHULL) LIMITED (REGISTERED NUMBER: 05161343)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued
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.

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 27 (2023 - 24 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 July 2023
and 30 June 2024 5,000
Amortisation
At 1 July 2023
and 30 June 2024 5,000
Net book value
At 30 June 2024 -
At 30 June 2023 -

FIRST STEPS NURSERY (SOLIHULL) LIMITED (REGISTERED NUMBER: 05161343)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. TANGIBLE FIXED ASSETS
Improvements
to Fixtures Computer
property & Fittings equipment Totals
£    £    £    £   
Cost
At 1 July 2023 24,615 25,975 1,842 52,432
Additions 89,610 3,000 210 92,820
At 30 June 2024 114,225 28,975 2,052 145,252
Depreciation
At 1 July 2023 24,615 25,466 1,842 51,923
Charge for year 373 551 23 947
At 30 June 2024 24,988 26,017 1,865 52,870
Net book value
At 30 June 2024 89,237 2,958 187 92,382
At 30 June 2023 - 509 - 509

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 623 4,226

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 13,807 9,507
Other creditors 28,361 18,887
42,168 28,394