1 September 2023 false No description of principal activity Taxfiler 2024.6 09749467business:PrivateLimitedCompanyLtd2023-09-012024-08-31 097494672023-08-31 097494672023-09-012024-08-31 09749467business:AuditExemptWithAccountantsReport2023-09-012024-08-31 09749467business:FilletedAccounts2023-09-012024-08-31 097494672024-08-31 09749467business:Director12023-09-012024-08-31 09749467business:Director22023-09-012024-08-31 09749467business:RegisteredOffice2023-09-012024-08-31 097494672023-08-31 09749467core:WithinOneYear2024-08-31 09749467core:WithinOneYear2023-08-31 09749467core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 09749467core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 09749467core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 09749467core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 09749467core:PreviouslyStatedAmount2024-08-31 09749467core:PreviouslyStatedAmount2023-08-31 09749467business:SmallEntities2023-09-012024-08-31 09749467countries:EnglandWales2023-09-012024-08-31 09749467core:LandBuildings2023-09-012024-08-31 09749467core:PlantMachinery2023-09-012024-08-31 09749467core:FurnitureFittings2023-09-012024-08-31 09749467core:ComputerEquipment2023-09-012024-08-31 09749467core:LandBuildings2023-08-31 09749467core:PlantMachinery2023-08-31 09749467core:MotorVehicles2023-08-31 09749467core:ComputerEquipment2023-08-31 09749467core:MotorVehicles2023-09-012024-08-31 09749467core:LandBuildings2024-08-31 09749467core:PlantMachinery2024-08-31 09749467core:MotorVehicles2024-08-31 09749467core:ComputerEquipment2024-08-31 09749467business:OrdinaryShareClass12023-09-012024-08-31 09749467business:OrdinaryShareClass12022-09-012023-08-31 097494672022-09-012023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09749467 (England and Wales)
Precious Kids Childcare Ltd Unaudited accounts for the year ended 31 August 2024
Precious Kids Childcare Ltd Unaudited accounts Contents
Page
- 2 -
Precious Kids Childcare Ltd Company Information for the year ended 31 August 2024
Directors
Olusola Fidelis Akinyemi Bola Akinyemi
Company Number
09749467 (England and Wales)
Registered Office
322 MOSTON LANE MANCHESTER M40 9WB ENGLAND
- 3 -
Precious Kids Childcare Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
109,643 
131,538 
Current assets
Debtors
156,252 
136,163 
Cash at bank and in hand
37,926 
51,981 
194,178 
188,144 
Creditors: amounts falling due within one year
(60,176)
(51,445)
Net current assets
134,002 
136,699 
Net assets
243,645 
268,237 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
243,545 
268,137 
Shareholders' funds
243,645 
268,237 
For the year ending 31 August 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 25 March 2025 and were signed on its behalf by
Olusola Fidelis Akinyemi Director Company Registration No. 09749467
- 4 -
Precious Kids Childcare Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Precious Kids Childcare Ltd is a private company, limited by shares, registered in England and Wales, registration number 09749467. The registered office is 322 MOSTON LANE, MANCHESTER, M40 9WB, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5
Plant & machinery
20
Fixtures & fittings
20
Computer equipment
20
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2023
9,470 
7,936 
141,707 
28,334 
187,447 
Additions
- 
- 
- 
5,459 
5,459 
At 31 August 2024
9,470 
7,936 
141,707 
33,793 
192,906 
Depreciation
At 1 September 2023
9,471 
6,167 
22,538 
17,733 
55,909 
Charge for the year
- 
663 
23,618 
3,073 
27,354 
At 31 August 2024
9,471 
6,830 
46,156 
20,806 
83,263 
Net book value
At 31 August 2024
(1)
1,106 
95,551 
12,987 
109,643 
At 31 August 2023
(1)
1,769 
119,169 
10,601 
131,538 
- 5 -
Precious Kids Childcare Ltd Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
4,093 
4,093 
Other debtors
152,159 
132,070 
156,252 
136,163 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
6,444 
520 
Proposed dividends
52,400 
- 
Other creditors
507 
277 
Loans from directors
825 
50,648 
60,176 
51,445 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 15 (2023: 17).
- 6 -