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REGISTERED NUMBER: SC307647 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

FIRST CLASS DAY NURSERY (PETERHEAD)
LIMITED

FIRST CLASS DAY NURSERY (PETERHEAD)
LIMITED (REGISTERED NUMBER: SC307647)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

FIRST CLASS DAY NURSERY (PETERHEAD)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: Mrs Kerry Ann McKechnie
Mrs June Taylor





SECRETARY: Mrs Kerry Ann McKechnie





REGISTERED OFFICE: 25 Windmill Street
Peterhead
Aberdeenshire
AB42 1LH





REGISTERED NUMBER: SC307647 (Scotland)





ACCOUNTANTS: Goldwells
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN

FIRST CLASS DAY NURSERY (PETERHEAD)
LIMITED (REGISTERED NUMBER: SC307647)

BALANCE SHEET
30TH SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 5,702 6,239
5,702 6,239

CURRENT ASSETS
Stocks 11,000 10,000
Debtors 6 5,931 5,820
Cash at bank 35,212 27,883
52,143 43,703
CREDITORS
Amounts falling due within one year 7 13,121 11,236
NET CURRENT ASSETS 39,022 32,467
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,724

38,706

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 44,722 38,704
SHAREHOLDERS' FUNDS 44,724 38,706

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

FIRST CLASS DAY NURSERY (PETERHEAD)
LIMITED (REGISTERED NUMBER: SC307647)

BALANCE SHEET - continued
30TH SEPTEMBER 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st May 2025 and were signed on its behalf by:





Mrs June Taylor - Director


FIRST CLASS DAY NURSERY (PETERHEAD)
LIMITED (REGISTERED NUMBER: SC307647)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. STATUTORY INFORMATION

First Class Day Nursery (Peterhead) Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

FIRST CLASS DAY NURSERY (PETERHEAD)
LIMITED (REGISTERED NUMBER: SC307647)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st October 2023
and 30th September 2024 65,501
AMORTISATION
At 1st October 2023
and 30th September 2024 65,501
NET BOOK VALUE
At 30th September 2024 -
At 30th September 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st October 2023 934 11,613 25,337 620 38,504
Additions - 744 - - 744
At 30th September 2024 934 12,357 25,337 620 39,248
DEPRECIATION
At 1st October 2023 641 8,364 23,100 160 32,265
Charge for year 73 534 559 115 1,281
At 30th September 2024 714 8,898 23,659 275 33,546
NET BOOK VALUE
At 30th September 2024 220 3,459 1,678 345 5,702
At 30th September 2023 293 3,249 2,237 460 6,239

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,611 4,094
Other debtors 1,000 -
Prepayments 1,320 1,726
5,931 5,820

FIRST CLASS DAY NURSERY (PETERHEAD)
LIMITED (REGISTERED NUMBER: SC307647)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 3,355
Corporation tax 8,595 2,351
Social security and other taxes 2,361 3,274
Other creditors 2,101 2,171
Directors' current accounts 64 85
13,121 11,236

The loan from the director is interest free with no fixed terms of repayment.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
FIRST CLASS DAY NURSERY (PETERHEAD)
LIMITED (REGISTERED NUMBER: SC307647)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of First Class Day Nursery (Peterhead) Limited for the year ended 30th September 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of First Class Day Nursery (Peterhead) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of First Class Day Nursery (Peterhead) Limited and state those matters that we have agreed to state to the Board of Directors of First Class Day Nursery (Peterhead) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that First Class Day Nursery (Peterhead) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of First Class Day Nursery (Peterhead) Limited. You consider that First Class Day Nursery (Peterhead) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of First Class Day Nursery (Peterhead) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Goldwells
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN


1st May 2025