Hopscotch Day Nurseries (Eastleigh) - Accounts to registrar (filleted)

REGISTERED NUMBER: 12847806 (England and Wales)

HOPSCOTCH DAY NURSERIES (EASTLEIGH)

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss F J Derrick

SECRETARY:

I Thornley

REGISTERED OFFICE:

9 Fielder Drive

Fareham

Hampshire

PO14 1JE

REGISTERED NUMBER:

12847806 (England and Wales)

ACCOUNTANTS:

Hopper Williams & Bell Limited

Chartered Accountants

Highland House

Mayflower Close

Chandler's Ford

Eastleigh

Hampshire

SO53 4AR

FIXED ASSETS

Tangible assets

4

216,844

203,070

CURRENT ASSETS

Debtors

5

121,271

90,540

Cash at bank and in hand

19,624

19,631

140,895

110,171

CREDITORS

Amounts falling due within one year

6

(355,104

)

(310,606

)

NET CURRENT LIABILITIES

(214,209

)

(200,435

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,635

PROVISIONS FOR LIABILITIES

(2,530

)

(2,530

)

NET ASSETS

105

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

5

105

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 director acknowledges her 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 September 2025 and were signed by:

Miss F J Derrick - Director

1.	STATUTORY INFORMATION

Hopscotch Day Nurseries (Eastleigh) 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Going concern

Hopscotch Day Nurseries Group Ltd, the company's parent, has confirmed its willingness to provide financial support to the company if it may be required.

The Directors are satisfied that the company is a going concern for at least 12 months following the signing of these financial statements. Accordingly, the Directors have prepared these financial statements on this basis.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

Straight line over 15 years

Improvements to property

-

25% Straight line

Plant and machinery

-

25% Reducing balance

Fixtures and fittings

-

25% Reducing balance

Computer equipment

-

Straight line over 4 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Financial assets

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

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, 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.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2023 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Short

Improvements

Plant and

leasehold

to property

machinery

£

COST

At 1 January 2024

19,720

163,591

29,448

Additions

-

21,354

11,479

At 31 December 2024

19,720

184,945

40,927

DEPRECIATION

At 1 January 2024

4,077

18,955

15,444

Charge for year

1,314

8,939

5,319

At 31 December 2024

5,391

27,894

20,763

NET BOOK VALUE

At 31 December 2024

14,329

157,051

20,164

At 31 December 2023

15,643

144,636

14,004

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 January 2024

55,781

6,345

274,885

Additions

3,742

1,748

38,323

At 31 December 2024

59,523

8,093

313,208

DEPRECIATION

At 1 January 2024

28,759

4,580

71,815

Charge for year

7,131

1,846

24,549

At 31 December 2024

35,890

6,426

96,364

NET BOOK VALUE

At 31 December 2024

23,633

1,667

216,844

At 31 December 2023

27,022

1,765

203,070

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

3,436

904

Amounts owed by group undertakings

97,786

69,485

Other debtors

20,049

20,151

121,271

90,540

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Hire purchase contracts

-

1,642

Trade creditors

19,247

14,660

Amounts owed to group undertakings

207,825

178,321

Taxation and social security

16,756

24,568

Other creditors

111,276

91,415

355,104

310,606

7.	SECURED DEBTS

There is a fixed and floating charge with Santander over the company’s current and future assets.

8.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had future commitments under operating leases which totalled £6,540 (2023 : £66,000).

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Miss F J Derrick.

The ultimate parent undertaking to be Hopscotch Day Nurseries Group Ltd.

The registered office of Hopscotch Day Nurseries Group Ltd is:

9 Fielder Drive

Fareham

Hampshire

PO14 1JE