SHINING STARS NURSERY LTD - Filleted accounts

Registered number

06737722

SHINING STARS NURSERY LTD

Filleted Accounts

31 December 2024

SHINING STARS NURSERY LTD
Registered number:		06737722
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		16,109			19,035

Current assets
Debtors	4	229,454			231,454
Cash at bank and in hand		327,186			275,514
		556,640			506,968

Creditors: amounts falling due within one year	5	(133,109)			(112,954)

Net current assets			423,531			394,014

Total assets less current liabilities			439,640			413,049

Creditors: amounts falling due after more than one year	6		(39,746)			(52,221)



Net assets			399,894			360,828

Capital and reserves
Called up share capital			100			100
Profit and loss account			399,794			360,728

Shareholders' funds			399,894			360,828

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Zakir Atcha
Director
Approved by the board on 25 July 2025

SHINING STARS NURSERY LTD
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Building improvements	over 10 years
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			55		58


3	Tangible fixed assets
		Building improvements		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 January 2024	123,895		94,884		218,779
	At 31 December 2024	123,895		94,884		218,779

	Depreciation
	At 1 January 2024	123,895		75,849		199,744
	Charge for the year	-		2,926		2,926
	At 31 December 2024	123,895		78,775		202,670

	Net book value
	At 31 December 2024	-		16,109		16,109
	At 31 December 2023	-		19,035		19,035


4	Debtors			2024		2023
£					£

	Other debtors			229,454		231,454


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Bank loans and overdrafts			6,878		53,838
	Taxation and social security costs			75,595		10,659
	Other creditors			50,636		48,457
				133,109		112,954


6	Creditors: amounts falling due after one year			2024		2023
£					£

	Bank loans			22,345		34,820
	Deferred income			15,401		15,401
	Other creditors			2,000		2,000
				39,746		52,221


7	Other information

	SHINING STARS NURSERY LTD is a private company limited by shares and incorporated in England. Its registered office is:
	14 Avenham Road
	Avenham
	Preston
	Lancashire
	PR1 3TH