REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 17th July 2023 to 31st October 2024 |
for |
GROWIN UP (DENTON) LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 17th July 2023 to 31st October 2024 |
for |
GROWIN UP (DENTON) LIMITED |
GROWIN UP (DENTON) LIMITED (REGISTERED NUMBER: 15008931) |
Contents of the Financial Statements |
for the Period 17th July 2023 to 31st October 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
GROWIN UP (DENTON) LIMITED |
Company Information |
for the Period 17th July 2023 to 31st October 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
41 St Thomas's Road |
Chorley |
Lancashire |
PR7 1JE |
GROWIN UP (DENTON) LIMITED (REGISTERED NUMBER: 15008931) |
Balance Sheet |
31st October 2024 |
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
The director acknowledges his 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 were approved by the director and authorised for issue on |
GROWIN UP (DENTON) LIMITED (REGISTERED NUMBER: 15008931) |
Notes to the Financial Statements |
for the Period 17th July 2023 to 31st October 2024 |
1. | STATUTORY INFORMATION |
Growin Up (Denton) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Revenue recognition |
Revenue is measured at the fair value of the consideration received or receivable and represents amounts |
received for goods supplied and services rendered, stated net of discounts. |
Taxation |
Taxation for the period 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. |
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 period 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. |
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. |
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. |
Financial instruments |
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all its financial instruments. |
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. |
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
GROWIN UP (DENTON) LIMITED (REGISTERED NUMBER: 15008931) |
Notes to the Financial Statements - continued |
for the Period 17th July 2023 to 31st October 2024 |
2. | ACCOUNTING POLICIES - continued |
Basic financial assets |
Basic financial assets, which include debtors, loans to common controlled companies and cash and bank |
balances, are initially measured at transaction price including transaction costs. They are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. |
Other financial assets |
All the company's financial assets fall to be classified as basic financial assets under Section 11 of FRS 102 and the company therefore holds no other financial assets. |
Basic financial liabilities |
Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. |
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. |
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of |
business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. |
Other financial liabilities |
All the companies financial liabilities fall to be classified as basic financial liabilities under Section 11 of FRS |
102 and the company therefore has no other financial instruments. |
Cash and cash equivalents |
Cash and cash equivalents includes cash in hand, deposits held with banks, and bank overdrafts. Bank |
overdrafts, when applicable, are shown within borrowings in current liabilities. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
Prepayments |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Amounts owed to group undertakings |
Amounts owed to associates | 1,231 |
Social security and other taxes |
Other creditors |
Accruals and deferred income |
GROWIN UP (DENTON) LIMITED (REGISTERED NUMBER: 15008931) |
Notes to the Financial Statements - continued |
for the Period 17th July 2023 to 31st October 2024 |
6. | RELATED PARTY DISCLOSURES |
The company was provided with a loan from Techicon Ltd, a company controlled by Mr C Randall. The balance outstanding at the year end date £1,231. No interest has been charged on this loan and it is repayable on demand. |
7. | ULTIMATE CONTROLLING PARTY |
The company is controlled by Mr C & Mrs M Randall by virtue of their holding 100% of the share capital in the |
ultimate parent company CSCL Childcare Limited. The registered office of the ultimate parent company is 41 St. Thomas's Road, Chorley, Lancashire, PR7 1JE. |