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REGISTERED NUMBER: 06667955 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

APPLE CHILDCARE VOUCHERS LIMITED

APPLE CHILDCARE VOUCHERS LIMITED (REGISTERED NUMBER: 06667955)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


APPLE CHILDCARE VOUCHERS LIMITED

COMPANY INFORMATION
for the Year Ended 31 August 2024







DIRECTORS: Mr M P Barrow
Mr S W Pickering
Mr A P M Sykes





SECRETARY: Mr S W Pickering





REGISTERED OFFICE: 100 Barbirolli Square
Manchester
M2 3BD





REGISTERED NUMBER: 06667955 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

APPLE CHILDCARE VOUCHERS LIMITED (REGISTERED NUMBER: 06667955)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,814 1,152

CURRENT ASSETS
Debtors 5 13,851 7,006
Investments 6 335,169 374,650
Cash at bank and in hand 24,911 33,224
373,931 414,880
CREDITORS
Amounts falling due within one year 7 499,845 590,997
NET CURRENT LIABILITIES (125,914 ) (176,117 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(124,100

)

(174,965

)

CREDITORS
Amounts falling due after more than one
year

8

5,841

13,669
NET LIABILITIES (129,941 ) (188,634 )

CAPITAL AND RESERVES
Called up share capital 9 40,000 40,000
Retained earnings (169,941 ) (228,634 )
SHAREHOLDERS' FUNDS (129,941 ) (188,634 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 April 2025 and were signed on its behalf by:




Mr M P Barrow - Director


APPLE CHILDCARE VOUCHERS LIMITED (REGISTERED NUMBER: 06667955)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024


1. STATUTORY INFORMATION

Apple Childcare Vouchers Limited is a private company limited by share capital, incorporated in England and Wales, registration number 06667955. The address of the registered office is 100 Barbirolli Square, Manchester, United Kingdom, M2 3BD. The principal trading place of the business is Downton Lodge, Nr Upton Magna, Shrewsbury, SY4 4PL.

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.

At the reporting date, the company's liabilities exceed its assets. The company has received assurance from the directors that they will continue to give financial support to the company for twelve months from the date of approval of these financial statements. On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover principally consists of income relating to the administration of childcare voucher schemes for employers.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Fixtures and fittings-20% reducing balance
Office equipment-33% on cost

At each reporting date, the Company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items of tangible fixed assets have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

APPLE CHILDCARE VOUCHERS LIMITED (REGISTERED NUMBER: 06667955)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024


2. ACCOUNTING POLICIES - continued

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

Other Investments
The fair values of investments that are traded in active markets are base on prices obtained directly from an exchange on which the instruments are traded or obtained from a broker that provides an unadjusted quoted price from an active market for identical instruments. For all other financial instruments, the company determines fair values using other valuation techniques.

For financial instruments that trade infrequently and have little price transparency, fair value is less objective and requires varying degrees of judgement depending on liquidity, uncertainty of market factors, pricing assumptions and other risks affecting the specific instrument.

Other investments is wholly made up of a share portfolio.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Office
fittings equipment Totals
£    £    £   
COST
At 1 September 2023 1,131 30,840 31,971
Additions - 1,082 1,082
At 31 August 2024 1,131 31,922 33,053
DEPRECIATION
At 1 September 2023 911 29,908 30,819
Charge for year 44 376 420
At 31 August 2024 955 30,284 31,239
NET BOOK VALUE
At 31 August 2024 176 1,638 1,814
At 31 August 2023 220 932 1,152

APPLE CHILDCARE VOUCHERS LIMITED (REGISTERED NUMBER: 06667955)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,748 2,903
Directors' current accounts 4,103 4,103
13,851 7,006

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Other 335,169 374,650

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7,739 7,510
Trade creditors 21,350 14,148
Tax 825 4,035
Social security and other taxes 71 81
VAT 2,685 2,878
Other creditors 462,830 557,780
Accrued expenses 4,345 4,565
499,845 590,997

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 5,841 7,739
Bank loans - 2-5 years - 5,930
5,841 13,669

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.08.2024 31.08.2023
value: £ £
20,000 Ordinary A £0.25 5,000 5000
8,000 Ordinary B £0.25 2,000 2000
34,000 Ordinary C £0.25 8,500 8500
20,000 Ordinary D £0.25 5,000 5000
20,000 Ordinary E £0.25 5,000 5000
10,000 Ordinary F £0.25 2,500 2500
20,000 Ordinary G £0.25 5,000 5000
8,000 Ordinary H £0.25 2,000 2000
20,000 Ordinary I £0.25 5,000 5000

40,000 40,000
======= =======

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, the company was owed £4,103 from the directors (2023 - £4,103). This balance relates to an interest free loan account.