Company Registration No. 08801237 (England and Wales)
Footsteps Day Nursery (leytonstone) Limited
Unaudited accounts
for the year ended 31 August 2024
Footsteps Day Nursery (leytonstone) Limited
Unaudited accounts
Contents
Footsteps Day Nursery (leytonstone) Limited
Company Information
for the year ended 31 August 2024
Director
Christopher James Sheen
Company Number
08801237 (England and Wales)
Registered Office
Footsteps Day Nursery
64 Station Road
London
London
E4 7BA
England
Accountants
Mohammad Naqeeb Hussain
10 Exeter Road
Walthamstow
London
E177QJ
Footsteps Day Nursery (leytonstone) Limited
Statement of financial position
as at 31 August 2024
Tangible assets
18,576
24,637
Cash at bank and in hand
12,508
5,557
Creditors: amounts falling due within one year
(160,404)
(132,397)
Net current assets
166,330
102,544
Total assets less current liabilities
184,906
127,181
Creditors: amounts falling due after more than one year
(79,168)
(74,093)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
105,531
52,812
Shareholders' funds
105,532
52,813
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. 08801237
Footsteps Day Nursery (leytonstone) Limited
Notes to the Accounts
for the year ended 31 August 2024
Footsteps Day Nursery (leytonstone) Limited is a private company, limited by shares, registered in England and Wales, registration number 08801237. The registered office is Footsteps Day Nursery, 64 Station Road, London, 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
Plant & machinery
25% on reducing balance
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 financial obligations, the director suggests that it is appropriate to prepare the financial statements on a going concern basis.
Footsteps Day Nursery (leytonstone) Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 September 2023
56,986
13,272
70,258
At 31 August 2024
56,986
13,272
70,258
At 1 September 2023
33,796
11,825
45,621
Charge for the year
5,698
363
6,061
At 31 August 2024
39,494
12,188
51,682
At 31 August 2024
17,492
1,084
18,576
At 31 August 2023
23,190
1,447
24,637
Amounts falling due within one year
Trade debtors
24,665
31,105
Amounts due from group undertakings etc.
289,561
198,279
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
41,078
49,372
Taxes and social security
108,605
60,959
Other creditors
10,537
10,200
Loans from directors
184
7,880
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 16 (2023: 16).