Company Registration No. 10656091 (England and Wales)
Footsteps Day Nursery (walthamstow) Ltd
Unaudited accounts
for the year ended 31 August 2024
Footsteps Day Nursery (walthamstow) Ltd
Unaudited accounts
Contents
Footsteps Day Nursery (walthamstow) Ltd
Company Information
for the year ended 31 August 2024
Director
Christopher James Sheen
Company Number
10656091 (England and Wales)
Registered Office
64 Station Road
London
E4 7BA
England
Accountants
Mohammad Naqeeb Hussain
10 Exeter Road
Walthamstow
London
E177QJ
Footsteps Day Nursery (walthamstow) Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
88,384
109,242
Cash at bank and in hand
23,264
8,321
Creditors: amounts falling due within one year
(143,462)
(164,212)
Net current assets
267,616
212,893
Total assets less current liabilities
356,000
322,135
Creditors: amounts falling due after more than one year
(153,901)
(154,009)
Provisions for liabilities
Net assets
201,978
166,748
Called up share capital
10
10
Profit and loss account
201,968
166,738
Shareholders' funds
201,978
166,748
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 director acknowledges his 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 and authorised for issue on 5 April 2025 and were signed on its behalf by
Christopher James Sheen
Director
Company Registration No. 10656091
Footsteps Day Nursery (walthamstow) Ltd
Notes to the Accounts
for the year ended 31 August 2024
Footsteps Day Nursery (walthamstow) Ltd is a private company, limited by shares, registered in England and Wales, registration number 10656091. The registered office is 64 Station Road, London, E4 7BA, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Property, plant and equipment policy
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% on cost
Fixtures & fittings
25% on cost
Computer equipment
33% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The company will have sufficient resources to meet its obligations, the director suggests it is appropriate to prepare financial statements on a going concern basis.
Footsteps Day Nursery (walthamstow) Ltd
Notes to the Accounts
for the year ended 31 August 2024
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
76,847
26,719
65,600
16,846
186,012
At 31 August 2024
76,847
26,719
65,600
16,946
186,112
At 1 September 2023
24,056
19,468
16,400
16,846
76,770
Charge for the year
7,685
6,680
6,560
33
20,958
At 31 August 2024
31,741
26,148
22,960
16,879
97,728
At 31 August 2024
45,106
571
42,640
67
88,384
At 31 August 2023
52,791
7,251
49,200
-
109,242
Amounts falling due within one year
Trade debtors
41,458
44,348
Amounts due from group undertakings etc.
342,638
324,436
Accrued income and prepayments
3,718
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
58,006
40,906
Trade creditors
2,818
12,334
Amounts owed to group undertakings and other participating interests
-
71,846
Taxes and social security
62,908
23,314
Other creditors
19,730
15,600
Loans from directors
-
212
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
153,901
154,009
8
Average number of employees
During the year the average number of employees was 28 (2023: 28).