Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 11243419 Mrs Bhama Rudrakumar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11243419 2023-10-31 11243419 2024-10-31 11243419 2023-11-01 2024-10-31 11243419 frs-core:CurrentFinancialInstruments 2024-10-31 11243419 frs-core:Non-currentFinancialInstruments 2024-10-31 11243419 frs-core:FurnitureFittings 2024-10-31 11243419 frs-core:FurnitureFittings 2023-11-01 2024-10-31 11243419 frs-core:FurnitureFittings 2023-10-31 11243419 frs-core:ShareCapital 2024-10-31 11243419 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 11243419 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11243419 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 11243419 frs-bus:SmallEntities 2023-11-01 2024-10-31 11243419 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11243419 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 11243419 frs-bus:Director1 2023-11-01 2024-10-31 11243419 frs-countries:EnglandWales 2023-11-01 2024-10-31 11243419 2022-10-31 11243419 2023-10-31 11243419 2022-11-01 2023-10-31 11243419 frs-core:CurrentFinancialInstruments 2023-10-31 11243419 frs-core:Non-currentFinancialInstruments 2023-10-31 11243419 frs-core:ShareCapital 2023-10-31 11243419 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 11243419
Little Raccoons Day Nursery (Coulsdon) Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Martax Accountants
Chartered Certified Accountants
Unit 113 Kingspark Business Centre
152 - 178 Kingston Road
New Malden
Surrey
KT3 3ST
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11243419
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,354 34,534
Investment Properties 5 533,748 -
563,102 34,534
CURRENT ASSETS
Debtors 6 587,981 361,454
Cash at bank and in hand 71,755 17,851
659,736 379,305
Creditors: Amounts Falling Due Within One Year 7 (142,314 ) (46,459 )
NET CURRENT ASSETS (LIABILITIES) 517,422 332,846
TOTAL ASSETS LESS CURRENT LIABILITIES 1,080,524 367,380
Creditors: Amounts Falling Due After More Than One Year 8 (657,048 ) (16,667 )
NET ASSETS 423,476 350,713
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 423,376 350,613
SHAREHOLDERS' FUNDS 423,476 350,713
Page 1
Page 2
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Bhama Rudrakumar
Director
27 May 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Little Raccoons Day Nursery (Coulsdon) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11243419 . The registered office is 105a Sandringham Road, Watford, WD24 7FQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 15% on reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2023: 16)
16 16
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 November 2023 85,294
As at 31 October 2024 85,294
Depreciation
As at 1 November 2023 50,760
Provided during the period 5,180
As at 31 October 2024 55,940
Net Book Value
As at 31 October 2024 29,354
As at 1 November 2023 34,534
5. Investment Property
2024
£
Fair Value
As at 1 November 2023 -
Additions 533,748
As at 31 October 2024 533,748
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 15,000
Other debtors 127,969 -
Wages Payable (Current liabilities - creditors < 1 year) - 1,094
Amounts owed by other participating interests 460,012 345,360
587,981 361,454
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 25,923 10,000
Other loans 12,972 -
Corporation tax 27,849 35,019
Accruals and deferred income - 1,440
Amounts owed to other participating interests 75,570 -
142,314 46,459
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 595,553 16,667
Other loans 61,495 -
657,048 16,667
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5