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REGISTERED NUMBER: SC235287 (Scotland)















Financial Statements for the Year Ended 31 August 2024

for

Forward Steps Nursery Ltd.

Forward Steps Nursery Ltd. (Registered number: SC235287)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Forward Steps Nursery Ltd.

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Elaine Brash
Janice Keenan





SECRETARY: Elaine Brash





REGISTERED OFFICE: 59 Northgate Road
Glasgow
G21 3QT





REGISTERED NUMBER: SC235287 (Scotland)





ACCOUNTANTS: NKA Chartered Certified Accountants
4 Lynedoch Place
Glasgow
G3 6AB

Forward Steps Nursery Ltd. (Registered number: SC235287)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,290 11,199

CURRENT ASSETS
Debtors 5 1,040 2,549
Cash at bank and in hand 122,595 104,418
123,635 106,967
CREDITORS
Amounts falling due within one year 6 29,059 25,279
NET CURRENT ASSETS 94,576 81,688
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,866

92,887

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 107,864 92,885
SHAREHOLDERS' FUNDS 107,866 92,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by:



Janice Keenan - Director



Elaine Brash - Director


Forward Steps Nursery Ltd. (Registered number: SC235287)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Forward Steps Nursery Ltd. 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Taxation
Taxation for the year 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.

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 10 (2023 - 10 ) .

Forward Steps Nursery Ltd. (Registered number: SC235287)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Tenants Plant and and Computer
improvements machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 35,348 11,566 22,753 10,057 79,724
Additions - - - 5,525 5,525
At 31 August 2024 35,348 11,566 22,753 15,582 85,249
DEPRECIATION
At 1 September 2023 34,355 9,010 17,044 8,116 68,525
Charge for year 248 639 1,427 1,120 3,434
At 31 August 2024 34,603 9,649 18,471 9,236 71,959
NET BOOK VALUE
At 31 August 2024 745 1,917 4,282 6,346 13,290
At 31 August 2023 993 2,556 5,709 1,941 11,199

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 1,040 2,549

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Tax 22,011 20,493
Social security and other taxes 638 -
Other creditors 681 1,341
Directors' current accounts 5,729 3,445
29,059 25,279