Company Registration No. 14265123 (England and Wales)
Butterfly Children Services Ltd
Unaudited accounts
for the year ended 31 July 2024
Butterfly Children Services Ltd
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
34
3,639
Creditors: amounts falling due within one year
(960)
-
Net current (liabilities)/assets
(926)
3,639
Total assets less current liabilities
3,826
3,639
Creditors: amounts falling due after more than one year
(53,389)
(4,992)
Net liabilities
(49,563)
(1,353)
Called up share capital
100
100
Profit and loss account
(49,663)
(1,453)
Shareholders' funds
(49,563)
(1,353)
For the year ending 31 July 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 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 of Directors and authorised for issue on 12 December 2024 and were signed on its behalf by
Muna Taha
Director
Company Registration No. 14265123
Butterfly Children Services Ltd
Notes to the Accounts
for the year ended 31 July 2024
Butterfly Children Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14265123. The registered office is Vestry Hall, 43 Attercliffe Common, Sheffield, S9 2AE, 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 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 29 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.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
4,490
1,450
5,940
At 31 July 2024
4,490
1,450
5,940
Charge for the year
898
290
1,188
At 31 July 2024
898
290
1,188
At 31 July 2024
3,592
1,160
4,752
Butterfly Children Services Ltd
Notes to the Accounts
for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024
2023
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
53,389
4,992
7
Average number of employees
During the year the average number of employees was 1 (2023: 0).