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REGISTERED NUMBER: 04960483 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LITTLE OAKS EARLY YEARS LIMITED

LITTLE OAKS EARLY YEARS LIMITED (REGISTERED NUMBER: 04960483)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LITTLE OAKS EARLY YEARS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mrs P J Mead-Topley
Mrs J C Ready





SECRETARY: Mrs J C Ready





REGISTERED OFFICE: Little Oaks Nursery School
Coolinge Lane
FOLKESTONE
Kent
CT20 3QU





REGISTERED NUMBER: 04960483 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
Charlton House
Dour Street
DOVER
Kent
CT16 1BL

LITTLE OAKS EARLY YEARS LIMITED (REGISTERED NUMBER: 04960483)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,000 1,500
Tangible assets 5 554,033 573,641
Investments 6 100 -
555,133 575,141

CURRENT ASSETS
Debtors 7 126,338 6,659
Investments 8 844,351 1,113,054
Cash at bank and in hand 647,220 328,106
1,617,909 1,447,819
CREDITORS
Amounts falling due within one year 9 314,305 348,905
NET CURRENT ASSETS 1,303,604 1,098,914
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,858,737

1,674,055

CREDITORS
Amounts falling due after more than one
year

10

(48,521

)

(50,713

)

PROVISIONS FOR LIABILITIES (16,016 ) (17,729 )
NET ASSETS 1,794,200 1,605,613

CAPITAL AND RESERVES
Called up share capital 12 10,000 10,000
Retained earnings 1,784,200 1,595,613
SHAREHOLDERS' FUNDS 1,794,200 1,605,613

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

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

The directors acknowledge their 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.

LITTLE OAKS EARLY YEARS LIMITED (REGISTERED NUMBER: 04960483)

BALANCE SHEET - continued
31 DECEMBER 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 Board of Directors and authorised for issue on 1 August 2025 and were signed on its behalf by:





Mrs J C Ready - Director


LITTLE OAKS EARLY YEARS LIMITED (REGISTERED NUMBER: 04960483)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Little Oaks Early Years Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The company operates at various locations in East Kent

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 provision of section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, except for current asset investments which are included at balance sheet date surrender value.

Turnover
Turnover represents net invoiced sales of services provided, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Previously acquired goodwill has been fully amortised.

Tangible fixed assets
Deprecation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property (excluding land) - 2% on cost
Leasehold property - 2.5% - 4% on cost
Toys and childcare equipment - 33% on reducing balance
Fixtures, fittings and equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.


LITTLE OAKS EARLY YEARS LIMITED (REGISTERED NUMBER: 04960483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 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.

Pension costs and other post-retirement benefits
The company operates defined contribution pension schemes for the directors. The company contributes to employee pensions under the Auto Enrolment requirements. Contributions payable to the pension schemes are charged to the profit and loss account in the period to which they relate.

Leasing commitments
Rentals paid under operating leases are included in the profit and loss account over the relevant period.

Grants
Grants towards capital expenditure are treated as deferred revenue and are released to the profit and loss account as income over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
A grant that becomes receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the company with no future related costs is recognised in income in the period in which it becomes receivable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 115 (2023 - 103 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 50,000
AMORTISATION
At 1 January 2024 48,500
Charge for year 500
At 31 December 2024 49,000
NET BOOK VALUE
At 31 December 2024 1,000
At 31 December 2023 1,500

LITTLE OAKS EARLY YEARS LIMITED (REGISTERED NUMBER: 04960483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS
Toys and
Freehold Leasehold childcare
property property equipment
£    £    £   
COST
At 1 January 2024 541,721 71,812 69,804
Additions - - 4,014
Disposals - - (64,296 )
At 31 December 2024 541,721 71,812 9,522
DEPRECIATION
At 1 January 2024 72,147 24,898 67,815
Charge for year 10,058 2,111 1,401
Eliminated on disposal - - (62,540 )
At 31 December 2024 82,205 27,009 6,676
NET BOOK VALUE
At 31 December 2024 459,516 44,803 2,846
At 31 December 2023 469,574 46,914 1,989

Fixtures,
fittings
and Motor Computer
equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 137,995 36,754 44,204 902,290
Additions 16,855 - 4,897 25,766
Disposals (73,783 ) - (28,262 ) (166,341 )
At 31 December 2024 81,067 36,754 20,839 761,715
DEPRECIATION
At 1 January 2024 95,941 32,638 35,210 328,649
Charge for year 6,354 1,029 3,831 24,784
Eliminated on disposal (57,232 ) - (25,979 ) (145,751 )
At 31 December 2024 45,063 33,667 13,062 207,682
NET BOOK VALUE
At 31 December 2024 36,004 3,087 7,777 554,033
At 31 December 2023 42,054 4,116 8,994 573,641

LITTLE OAKS EARLY YEARS LIMITED (REGISTERED NUMBER: 04960483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 100
At 31 December 2024 100
NET BOOK VALUE
At 31 December 2024 100

The above fixed asset investment is a 100% holding in the ordinary share capital of Little Oaks Capel Limited, its registered office is 17 Hasborough Road, Folkestone Kent CT19 6BQ.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Debtors and prepayments 30,701 6,659
Amounts owed by group undertakings 95,637 -
126,338 6,659

8. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 844,351 1,113,054

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation 186,172 130,898
Social security and other taxes 26,905 22,745
Sundry creditors 97,666 66,783
Grants 2,192 2,192
Directors' current accounts 1,370 26,271
Income in advance - 100,016
314,305 348,905

LITTLE OAKS EARLY YEARS LIMITED (REGISTERED NUMBER: 04960483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.202431.12.2023
££
Grants > 5 years39,75341,945
Grants 2-5 years6,5766,576
Grants 1-2 years 2,1922,192
48,52150,713
Grants

Grants have been received towards the cost of certain property improvements and are released over the expected life of those improvements.

11. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 30,033 27,875
Between one and five years 74,069 28,156
In more than five years 23,206 -
127,308 56,031

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10,000 Ordinary £1 10,000 10,000