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REGISTERED NUMBER: 06677510 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st October 2024

for

BUSY KIDS (NW) LTD

BUSY KIDS (NW) LTD (REGISTERED NUMBER: 06677510)






Contents of the Financial Statements
for the Year Ended 31st October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BUSY KIDS (NW) LTD

Company Information
for the Year Ended 31st October 2024







DIRECTOR: Mr C J Randall





REGISTERED OFFICE: 41 St Thomas's Road
Chorley
Lancashire
PR7 1JE





REGISTERED NUMBER: 06677510 (England and Wales)





ACCOUNTANTS: BK Plus - Chorley
Chartered Certified Accountants
41 St Thomas's Road
Chorley
Lancashire
PR7 1JE

BUSY KIDS (NW) LTD (REGISTERED NUMBER: 06677510)

Balance Sheet
31st October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 5,112 4,347
5,112 4,347

CURRENT ASSETS
Debtors 6 45,200 32,469
Cash at bank 34,741 30,393
79,941 62,862
CREDITORS
Amounts falling due within one year 7 60,155 62,550
NET CURRENT ASSETS 19,786 312
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,898

4,659

PROVISIONS FOR LIABILITIES 1,278 956
NET ASSETS 23,620 3,703

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 23,618 3,701
23,620 3,703

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BUSY KIDS (NW) LTD (REGISTERED NUMBER: 06677510)

Balance Sheet - continued
31st October 2024


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 director and authorised for issue on 25th July 2025 and were signed by:





Mr C J Randall - Director


BUSY KIDS (NW) LTD (REGISTERED NUMBER: 06677510)

Notes to the Financial Statements
for the Year Ended 31st October 2024

1. STATUTORY INFORMATION

Busy Kids (NW) Ltd is a private company, limited by shares , registered in England and Wales. 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Revenue is measured at the fair value of the consideration received or receivable and represents amounts received for goods supplied and services rendered, stated net of discounts.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Computer equipment - 33.3% on cost

Impairment of assets
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

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.


BUSY KIDS (NW) LTD (REGISTERED NUMBER: 06677510)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

BUSY KIDS (NW) LTD (REGISTERED NUMBER: 06677510)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors, loans to common controlled companies and cash and bank balances, are initially measured at transaction price including transaction costs. They are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Other financial assets
All the company's financial assets fall to be classified as basic financial assets under Section 11 of FRS 102 and the company therefore holds no other financial assets.

Basic financial liabilities
Basic financial liabilities, including creditors, 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 receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Other financial liabilities
All the companies financial liabilities fall to be classified as basic financial liabilities under Section 11 of FRS 102 and the company therefore has no other financial instruments.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 15 ) .

BUSY KIDS (NW) LTD (REGISTERED NUMBER: 06677510)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st November 2023
and 31st October 2024 143,083
AMORTISATION
At 1st November 2023
and 31st October 2024 143,083
NET BOOK VALUE
At 31st October 2024 -
At 31st October 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st November 2023 4,559 4,918 9,477
Additions 1,097 1,712 2,809
At 31st October 2024 5,656 6,630 12,286
DEPRECIATION
At 1st November 2023 3,355 1,775 5,130
Charge for year 208 1,836 2,044
At 31st October 2024 3,563 3,611 7,174
NET BOOK VALUE
At 31st October 2024 2,093 3,019 5,112
At 31st October 2023 1,204 3,143 4,347

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 42,377 31,105
Amounts owed by group undertakings 1,270 -
Prepayments and accrued income 1,553 1,364
45,200 32,469

BUSY KIDS (NW) LTD (REGISTERED NUMBER: 06677510)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 2,615 10,567
Amounts owed to group undertakings 44,673 31,628
Amounts owed to associates 1,270 9,000
Tax 5,922 5,061
Social security and other taxes 2,006 -
Other creditors 990 596
Directors' current accounts 879 -
Accruals and deferred income 1,800 5,698
60,155 62,550

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.10.24 31.10.23
£    £   
Within one year 27,000 27,000
Between one and five years 11,250 38,250
38,250 65,250

The operating lease commitment is subject to a personal guarantee by the director.

9. RELATED PARTY DISCLOSURES

The company was previously provided with a loan of £10,000 from Techicon Ltd, a company controlled by Mr C Randall. The balance outstanding at the year end date £1,270. No interest has been charged on this loan and it is repayable on demand.

As at 31 October 2024 the company owed £879 (2023: £0) to the directors. No interest has been charged by the directors in respect of this loan and it is repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr & Mrs C Randall by virtue of their holding 100% of the share capital in the ultimate parent company CSCL Childcare Limited. The registered office of the ultimate parent company is 41 St. Thomas's Road, Chorley, Lancashire, PR7 1JE.