Registered number
04618686
Hill Top Daycare Nursery Limited
Filleted Accounts
For the year ended 31 December 2023
Hill Top Daycare Nursery Limited
Registered number: 04618686
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 23,662 32,120
Current assets
Debtors 4 5,728 9,153
Cash at bank and in hand 106,435 131,621
112,163 140,774
Creditors: amounts falling due within one year 5 (97,601) (103,199)
Net current assets 14,562 37,575
Total assets less current liabilities 38,224 69,695
Provisions for liabilities (921) (715)
Net assets 37,303 68,980
Capital and reserves
Called up share capital 1 1
Profit and loss account 37,302 68,979
Shareholder's funds 37,303 68,980
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 9 May 2025
H Bhaiyat
Director
Hill Top Daycare Nursery Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, and includes the revenue from nursery fees.
Grant income
Grants of a revenue nature are credited to the profit and loss account in the year which they accrue. Grants for the purchase of fixed assets are treated as deferred income and credited to the profit and loss over the estimated useful life of the relevant assets.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures and fittings 25% per annum on cost
Nursery and computer equipment 33% per annum on cost
Short leasehold property 20% per annum on cost
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Company contributions to employee pension plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of employees in year, including directors 39 38
3 Tangible fixed assets
Short leasehold property Fixtures fittings and equipment Total
£ £ £
Cost
At 1 January 2023 127,910 72,750 200,660
Additions - 4,317 4,317
Disposals - - -
At 31 December 2023 127,910 77,067 204,977
Depreciation
At 1 January 2023 99,554 68,986 168,540
Charge for the year 9,545 3,230 12,775
At 31 December 2023 109,099 72,216 181,315
Net book value
At 31 December 2023 18,811 4,851 23,662
At 31 December 2022 28,356 3,764 32,120
4 Debtors 2023 2022
£ £
Prepayments 5,728 5,728
Other debtors - 3,425
5,728 9,153
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxes and social security costs 12,179 10,435
Accruals and deferred income 29,112 28,992
Other creditors 56,310 63,772
97,601 103,199
6 Controlling party
The company is controlled by H Bhaiyat by virtue of her 100% shareholding.
7 Other information
Hill Top Daycare Nursery Limited is a private company limited by shares and incorporated in England. Its registered office is 6 Ottaway Street, Hackney, London, E5 8PX.
Hill Top Daycare Nursery Limited 04618686 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts July 2024 H Bhaiyat No description of principal activity 04618686 2022-01-01 2022-12-31 04618686 core:WithinOneYear 2022-12-31 04618686 core:ShareCapital 2022-12-31 04618686 core:RetainedEarningsAccumulatedLosses 2022-12-31 04618686 2023-01-01 2023-12-31 04618686 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04618686 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04618686 bus:Director40 2023-01-01 2023-12-31 04618686 2 2023-01-01 2023-12-31 04618686 core:LandBuildings 2023-01-01 2023-12-31 04618686 core:PlantMachinery 2023-01-01 2023-12-31 04618686 countries:England 2023-01-01 2023-12-31 04618686 bus:FRS102 2023-01-01 2023-12-31 04618686 bus:FilletedAccounts 2023-01-01 2023-12-31 04618686 2023-12-31 04618686 core:WithinOneYear 2023-12-31 04618686 core:ShareCapital 2023-12-31 04618686 core:RetainedEarningsAccumulatedLosses 2023-12-31 04618686 core:LandBuildings 2023-12-31 04618686 core:PlantMachinery 2023-12-31 04618686 2022-12-31 04618686 core:LandBuildings 2022-12-31 04618686 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure