Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 10885793 Mr Kartik Patel Mrs Trihasta Patel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10885793 2023-07-31 10885793 2024-07-31 10885793 2023-08-01 2024-07-31 10885793 frs-core:CurrentFinancialInstruments 2024-07-31 10885793 frs-core:Non-currentFinancialInstruments 2024-07-31 10885793 frs-core:FurnitureFittings 2024-07-31 10885793 frs-core:FurnitureFittings 2023-08-01 2024-07-31 10885793 frs-core:FurnitureFittings 2023-07-31 10885793 frs-core:NetGoodwill 2024-07-31 10885793 frs-core:NetGoodwill 2023-08-01 2024-07-31 10885793 frs-core:NetGoodwill 2023-07-31 10885793 frs-core:ShareCapital 2024-07-31 10885793 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10885793 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10885793 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10885793 frs-bus:SmallEntities 2023-08-01 2024-07-31 10885793 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10885793 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10885793 frs-bus:Director1 2023-08-01 2024-07-31 10885793 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 10885793 frs-core:Non-currentFinancialInstruments 2 2024-07-31 10885793 frs-countries:EnglandWales 2023-08-01 2024-07-31 10885793 2022-07-31 10885793 2023-07-31 10885793 2022-08-01 2023-07-31 10885793 frs-core:CurrentFinancialInstruments 2023-07-31 10885793 frs-core:Non-currentFinancialInstruments 2023-07-31 10885793 frs-core:ShareCapital 2023-07-31 10885793 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 10885793 frs-core:Non-currentFinancialInstruments 2 2023-07-31
Registered number: 10885793
Little Kittens Childcare Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 10885793
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 126,667 142,500
Tangible Assets 5 31,130 41,507
157,797 184,007
CURRENT ASSETS
Debtors 6 16,837 14,391
Cash at bank and in hand 191,218 83,555
208,055 97,946
Creditors: Amounts Falling Due Within One Year 7 (98,102 ) (57,514 )
NET CURRENT ASSETS (LIABILITIES) 109,953 40,432
TOTAL ASSETS LESS CURRENT LIABILITIES 267,750 224,439
Creditors: Amounts Falling Due After More Than One Year 8 (18,333 ) (28,333 )
NET ASSETS 249,417 196,106
CAPITAL AND RESERVES
Called up share capital 9 200 200
Income Statement 249,217 195,906
SHAREHOLDERS' FUNDS 249,417 196,106
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Page 2
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 director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Kartik Patel
Director
7 April 2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Little Kittens Childcare Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10885793 . The registered office is 70 Manor Wood Road, Purley, Surrey, CR8 4LF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, beiing amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of fifteen years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% at Reducing Balance Method
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
...CONTINUED
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2.5. Taxation - continued
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 15)
12 15
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2023 237,500
As at 31 July 2024 237,500
Amortisation
As at 1 August 2023 95,000
Provided during the period 15,833
As at 31 July 2024 110,833
Net Book Value
As at 31 July 2024 126,667
As at 1 August 2023 142,500
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5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 August 2023 178,984
As at 31 July 2024 178,984
Depreciation
As at 1 August 2023 137,477
Provided during the period 10,377
As at 31 July 2024 147,854
Net Book Value
As at 31 July 2024 31,130
As at 1 August 2023 41,507
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,716 4,437
Prepayments and accrued income 6,871 4,704
11,587 9,141
Due after more than one year
Other debtors 5,250 5,250
16,837 14,391
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 37,290 16,315
Corporation tax 26,840 21,090
Other taxes and social security 1,072 -
Net wages 16,252 -
Other creditors 15,709 19,170
Director's loan account 939 939
98,102 57,514
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Page 6
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 2-5 years 18,333 28,333
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
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