Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-3118false2023-08-01falseNo description of principal activity18trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC286538 2023-08-01 2024-07-31 SC286538 2022-08-01 2023-07-31 SC286538 2024-07-31 SC286538 2023-07-31 SC286538 c:CompanySecretary1 2023-08-01 2024-07-31 SC286538 c:Director1 2023-08-01 2024-07-31 SC286538 c:Director2 2023-08-01 2024-07-31 SC286538 c:Director3 2023-08-01 2024-07-31 SC286538 c:RegisteredOffice 2023-08-01 2024-07-31 SC286538 d:Buildings 2023-08-01 2024-07-31 SC286538 d:Buildings 2024-07-31 SC286538 d:Buildings 2023-07-31 SC286538 d:Buildings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 SC286538 d:LandBuildings 2024-07-31 SC286538 d:LandBuildings 2023-07-31 SC286538 d:MotorVehicles 2023-08-01 2024-07-31 SC286538 d:MotorVehicles 2024-07-31 SC286538 d:MotorVehicles 2023-07-31 SC286538 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 SC286538 d:FurnitureFittings 2023-08-01 2024-07-31 SC286538 d:FurnitureFittings 2024-07-31 SC286538 d:FurnitureFittings 2023-07-31 SC286538 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 SC286538 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 SC286538 d:CurrentFinancialInstruments 2024-07-31 SC286538 d:CurrentFinancialInstruments 2023-07-31 SC286538 d:Non-currentFinancialInstruments 2024-07-31 SC286538 d:Non-currentFinancialInstruments 2023-07-31 SC286538 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 SC286538 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 SC286538 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 SC286538 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 SC286538 d:ShareCapital 2024-07-31 SC286538 d:ShareCapital 2023-07-31 SC286538 d:RetainedEarningsAccumulatedLosses 2024-07-31 SC286538 d:RetainedEarningsAccumulatedLosses 2023-07-31 SC286538 c:OrdinaryShareClass1 2023-08-01 2024-07-31 SC286538 c:OrdinaryShareClass1 2024-07-31 SC286538 c:OrdinaryShareClass1 2023-07-31 SC286538 c:FRS102 2023-08-01 2024-07-31 SC286538 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC286538 c:FullAccounts 2023-08-01 2024-07-31 SC286538 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC286538 2 2023-08-01 2024-07-31 SC286538 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC286538










LITTLE BEEHIVE NURSERY (NEWPORT-ON-TAY) LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

 
LITTLE BEEHIVE NURSERY (NEWPORT-ON-TAY) LTD
 

COMPANY INFORMATION


Directors
Mrs J Martin 
Mrs C Cunningham 
Mrs S Davidson 




Company secretary
Ms. C Cunningham



Registered number
SC286538



Registered office
FI The Granary Business Centre
Coal Road

Cupar

Fife

KY15 5YQ




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
LITTLE BEEHIVE NURSERY (NEWPORT-ON-TAY) LTD
REGISTERED NUMBER: SC286538

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
346,323
349,673

  
346,323
349,673

Current assets
  

Debtors: amounts falling due within one year
 5 
174,619
102,275

Cash at bank and in hand
  
59,179
98,613

  
233,798
200,888

Creditors: amounts falling due within one year
 6 
(105,091)
(112,008)

Net current assets
  
 
 
128,707
 
 
88,880

Total assets less current liabilities
  
475,030
438,553

Creditors: amounts falling due after more than one year
 7 
(9,167)
(34,603)

Provisions for liabilities
  

Deferred tax
  
(45)
-

  
 
 
(45)
 
 
-

Net assets
  
465,818
403,950


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
465,718
403,850

  
465,818
403,950


Page 1

 
LITTLE BEEHIVE NURSERY (NEWPORT-ON-TAY) LTD
REGISTERED NUMBER: SC286538

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 March 2025.




Mrs J Martin
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
LITTLE BEEHIVE NURSERY (NEWPORT-ON-TAY) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Little Beehive Nursery (Newport-On-Tay) Limited is a private company, limited by shares, domiciled in Scotland with registration number SC286538. The registered office is F1 The Granary Business Centre, Coal Road, Cupar, Fife, KY15 5YQ. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
LITTLE BEEHIVE NURSERY (NEWPORT-ON-TAY) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
0 - 1%
Motor vehicles
-
25%
Fixtures and fittings
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
LITTLE BEEHIVE NURSERY (NEWPORT-ON-TAY) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Employees
18
18


4.


Tangible fixed assets





Freehold property
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 August 2023
370,745
25,395
11,384
407,524



At 31 July 2024

370,745
25,395
11,384
407,524



Depreciation


At 1 August 2023
25,722
21,105
11,024
57,851


Charge for the year on owned assets
2,187
1,073
90
3,350



At 31 July 2024

27,909
22,178
11,114
61,201



Net book value



At 31 July 2024
342,836
3,217
270
346,323



At 31 July 2023
345,023
4,290
360
349,673

Page 5

 
LITTLE BEEHIVE NURSERY (NEWPORT-ON-TAY) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

           4.Tangible fixed assets (continued)




The net book value of land and buildings may be further analysed as follows:


2024
2023
£
£

Freehold
342,836
345,023

342,836
345,023



5.


Debtors

2024
2023
£
£


Trade debtors
23,059
1,138

Amounts owed by group undertakings
129,918
77,290

Other debtors
17,658
23,847

Prepayments and accrued income
3,984
-

174,619
102,275



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
7,075
7,995

Bank loans
24,309
31,888

Other taxation and social security
40,506
34,568

Other creditors
-
1,556

Accruals and deferred income
33,201
36,001

105,091
112,008


The bank loan is secured by a bond and floating charge over the property and all the assets of the Company.

Page 6

 
LITTLE BEEHIVE NURSERY (NEWPORT-ON-TAY) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
9,167
34,603

9,167
34,603


The bank loan is secured by a bond and floating charge over the property and all the assets of the Company. 


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



Page 7