2023-07-01 09643281 2024-06-30 09643281 2023-07-01 2024-06-30 09643281 2023-06-30 09643281 2022-07-01 2023-06-30 09643281 uk-core:WithinOneYear 2023-06-30 09643281 uk-core:WithinOneYear 2024-06-30 09643281 uk-core:AfterOneYear 2023-06-30 09643281 uk-core:AfterOneYear 2024-06-30 09643281 uk-core:ShareCapital 2024-06-30 09643281 uk-core:ShareCapital 2023-06-30 09643281 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 09643281 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 09643281 uk-bus:Director1 2023-07-01 2024-06-30 09643281 uk-core:Buildings 2023-07-01 2024-06-30 09643281 uk-core:VehiclesPlantMachinery 2023-07-01 2024-06-30 09643281 uk-core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 09643281 uk-core:FurnitureFittingsToolsEquipment 2023-06-30 09643281 uk-core:VehiclesPlantMachinery 2023-06-30 09643281 uk-core:Buildings 2023-06-30 09643281 uk-core:Buildings 2024-06-30 09643281 uk-core:VehiclesPlantMachinery 2024-06-30 09643281 uk-core:FurnitureFittingsToolsEquipment 2024-06-30 09643281 uk-core:BetweenTwoFiveYears 2024-06-30 iso4217:GBP xbrli:pure 09643281 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09643281 uk-bus:FRS102 2023-07-01 2024-06-30 09643281 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 09643281 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
1st Steps Day Nursery Limited
Registered Number:09643281
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
1st Steps Day Nursery Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
09643281
As at 30 June 2024
1st Steps Day Nursery Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
56,562
64,698
2
56,562
64,698
Current assets
Trade and other receivables
11,125
10,205
3
115,875
Cash and cash equivalents
192,040
202,245
127,000
Trade and other payables: amounts falling due within one
year
(80,385)
(108,376)
4
46,615
93,869
Net current assets
Total assets less current liabilities
150,431
111,313
Trade and other payables: amounts falling due after more
than one year
(30,721)
(24,092)
5
(14,843)
(13,568)
Provisions for liabilities
111,496
Net assets
67,024
Capital and reserves
Called up share capital
2
2
Retained earnings
111,494
67,022
111,496
67,024
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
J Pope Director
These financial statements were approved and authorised for issue by the Board on 12 June 2025 and were signed by:
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4
Registered Number :
09643281
For the year ended 30 June 2024
1st Steps Day Nursery Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 June 2024
1st Steps Day Nursery Limited
Notes to the Financial Statements
Statutory Information
1st Steps Day Nursery Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09643281.
Registered address:
Eastbrook School Site
Dagenham Road
Dagenham
RM10 7DX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
100% Straight line
25 Reducing balance
Motor vehicles
5% and 25% Straight line
Fixtures and fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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6
For the year ended 30 June 2024
1st Steps Day Nursery Limited
Notes to the Financial Statements Continued
Financial Instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the
contractual provisions of the instrument.
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction
price.
Basic financial liabilities
Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing
transaction, where the debt instrument is measured at the present value of the future payments discounted at a
market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Equity Instruments
Equity instruments issued by the company are recorded at the proceeds received. Dividends payable on equity
instruments are recognised as liabilities once they are no longer at the discretion of the company.
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
Land and
buildings
£
£
£
£
Cost or
valuation
At 01 July 2023
115,799
58,540
52,579
4,680
9,512
9,512
-
-
Additions
At 30 June 2024
4,680
52,579
68,052
125,311
Provision for depreciation and impairment
At 01 July 2023
51,101
32,526
13,895
4,680
Charge for year
17,648
7,977
9,671
-
At 30 June 2024
68,749
40,503
23,566
4,680
At 30 June 2024
Net book value
-
29,013
27,549
56,562
At 30 June 2023
-
38,684
26,014
64,698
3. Trade and other receivables
2023
2024
£
£
Prepayments and accrued income
3,458
6,376
Other debtors
6,747
4,749
11,125
10,205
Included in other debtors is the sum of £6,547.30 in respect of corporation tax overpaid in previous years.
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7
For the year ended 30 June 2024
1st Steps Day Nursery Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
371
-
Taxation and social security
33,610
12,460
Accruals and deferred income
15,721
25,479
Directors' loan accounts
50,353
34,717
Obligations under HP/Financial leases
6,629
6,322
Other creditors
1,692
1,407
108,376
80,385
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
24,092
30,721
6. Guarantees and other financial commitments
Lease commitments
At 30 June 2024 the company had annual commitments under non-cancellable operating leases as set out below:
2024
£
Operating leases which expire:
55,850
Within 2 to 5 years
55,850
7. Average number of persons employed
During the year the average number of employees was 26 (2023 : 22)
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