Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30false2023-12-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false37Child day-care activities31truetrue 07832846 2023-12-01 2024-11-30 07832846 2022-12-01 2023-11-30 07832846 2024-11-30 07832846 2023-11-30 07832846 c:Director1 2023-12-01 2024-11-30 07832846 d:Buildings d:ShortLeaseholdAssets 2023-12-01 2024-11-30 07832846 d:Buildings d:ShortLeaseholdAssets 2024-11-30 07832846 d:Buildings d:ShortLeaseholdAssets 2023-11-30 07832846 d:PlantMachinery 2023-12-01 2024-11-30 07832846 d:PlantMachinery 2024-11-30 07832846 d:PlantMachinery 2023-11-30 07832846 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07832846 d:MotorVehicles 2023-12-01 2024-11-30 07832846 d:MotorVehicles 2024-11-30 07832846 d:MotorVehicles 2023-11-30 07832846 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07832846 d:FurnitureFittings 2023-12-01 2024-11-30 07832846 d:FurnitureFittings 2024-11-30 07832846 d:FurnitureFittings 2023-11-30 07832846 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07832846 d:OfficeEquipment 2023-12-01 2024-11-30 07832846 d:OfficeEquipment 2024-11-30 07832846 d:OfficeEquipment 2023-11-30 07832846 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07832846 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 07832846 d:Goodwill 2023-12-01 2024-11-30 07832846 d:Goodwill 2024-11-30 07832846 d:Goodwill 2023-11-30 07832846 d:CurrentFinancialInstruments 2024-11-30 07832846 d:CurrentFinancialInstruments 2023-11-30 07832846 d:Non-currentFinancialInstruments 2024-11-30 07832846 d:Non-currentFinancialInstruments 2023-11-30 07832846 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 07832846 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 07832846 d:Non-currentFinancialInstruments d:AfterOneYear 2024-11-30 07832846 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 07832846 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-11-30 07832846 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-11-30 07832846 d:ShareCapital 2024-11-30 07832846 d:ShareCapital 2023-11-30 07832846 d:RetainedEarningsAccumulatedLosses 2024-11-30 07832846 d:RetainedEarningsAccumulatedLosses 2023-11-30 07832846 c:FRS102 2023-12-01 2024-11-30 07832846 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 07832846 c:FullAccounts 2023-12-01 2024-11-30 07832846 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07832846 d:HirePurchaseContracts d:WithinOneYear 2024-11-30 07832846 d:HirePurchaseContracts d:WithinOneYear 2023-11-30 07832846 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-11-30 07832846 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-11-30 07832846 2 2023-12-01 2024-11-30 07832846 d:Goodwill d:OwnedIntangibleAssets 2023-12-01 2024-11-30 07832846 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 07832846










LAKESIDE DAY NURSERY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
LAKESIDE DAY NURSERY LIMITED
REGISTERED NUMBER: 07832846

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
33,750
37,500

Tangible assets
 5 
191,807
195,627

  
225,557
233,127

Current assets
  

Debtors: amounts falling due within one year
 6 
8,304
6,179

Cash at bank and in hand
 7 
78,338
44,897

  
86,642
51,076

Creditors: amounts falling due within one year
 8 
(91,095)
(89,240)

Net current liabilities
  
 
 
(4,453)
 
 
(38,164)

Total assets less current liabilities
  
221,104
194,963

Creditors: amounts falling due after more than one year
 9 
(8,653)
(32,605)

  

Net assets
  
212,451
162,358


Capital and reserves
  

Called up share capital 
  
75
75

Profit and loss account
  
212,376
162,283

  
212,451
162,358


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 August 2025.



Page 1

 
LAKESIDE DAY NURSERY LIMITED
REGISTERED NUMBER: 07832846

BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024


Mrs. T. L. Barker
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
LAKESIDE DAY NURSERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

Lakeside Day Nursery Limited is a private company, limited by shares, registered in England and Wales. The company's registered office is MHA House Charter Court, Phoenix Way, Swansea Enterprise Park, Swansea, SA7 9FS. The registered number is 07832846.  The presentation currency of the financial statements is Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
LAKESIDE DAY NURSERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.9

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Profit and Loss Account over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Goodwill
-
20
years

 
2.10

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
LAKESIDE DAY NURSERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)


2.10
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows:.

Depreciation is provided on the following basis:

Property improvements
-
10%
Straight line
Plant and machinery
-
15%
Straight line
Motor vehicles
-
20%
Straight line
Fixtures and fittings
-
10%
Straight line
Office equipment
-
25%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 31 (2023 - 37).

Page 5

 
LAKESIDE DAY NURSERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 December 2023
75,000



At 30 November 2024

75,000



Amortisation


At 1 December 2023
37,500


Charge for the year on owned assets
3,750



At 30 November 2024

41,250



Net book value



At 30 November 2024
33,750



At 30 November 2023
37,500



Page 6

 
LAKESIDE DAY NURSERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Tangible fixed assets





Property improvements
Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 December 2023
98,514
5,402
60,790
257,014
41,243
462,963


Additions
22,412
-
-
25,336
-
47,748



At 30 November 2024

120,926
5,402
60,790
282,350
41,243
510,711



Depreciation


At 1 December 2023
9,851
5,259
48,632
171,834
31,760
267,336


Charge for the year on owned assets
12,093
134
12,157
22,363
4,821
51,568



At 30 November 2024

21,944
5,393
60,789
194,197
36,581
318,904



Net book value



At 30 November 2024
98,982
9
1
88,153
4,662
191,807



At 30 November 2023
88,663
143
12,158
85,180
9,483
195,627


6.


Debtors

2024
2023
£
£


Trade debtors
6,780
4,210

Other debtors
1,524
1,969

8,304
6,179



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
78,338
44,897

78,338
44,897


Page 7

 
LAKESIDE DAY NURSERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
19,932
19,268

Other taxation and social security
5,855
12,219

Obligations under finance lease and hire purchase contracts
4,374
4,376

Other creditors
51,712
48,517

Accruals and deferred income
9,222
4,860

91,095
89,240



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
7,194
26,774

Net obligations under finance leases and hire purchase contracts
1,459
5,831

8,653
32,605



10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
19,932
19,268


19,932
19,268

Amounts falling due 1-2 years

Bank loans
7,194
26,774


7,194
26,774



27,126
46,042


Page 8

 
LAKESIDE DAY NURSERY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

11.


Hire purchase and finance leases


2024
2023
£
£


Within one year
4,374
4,376

Between 1-5 years
1,459
5,831

5,833
10,207


12.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £13,239 (2023 - £11,231) . Contributions totalling £5,855 (2023 - £12,220) were payable to the fund at the balance sheet date and are included in creditors.


Page 9