Company registration number 09607244 (England and Wales)
BRIGHT LITTLE STARS HARROW LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
BRIGHT LITTLE STARS HARROW LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 12
BRIGHT LITTLE STARS HARROW LIMITED
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
5
4,004,945
4,026,021
Current assets
Debtors
6
2,195,780
1,216,115
Cash at bank and in hand
115,344
26,976
2,311,124
1,243,091
Creditors: amounts falling due within one year
7
(888,867)
(764,957)
Net current assets
1,422,257
478,134
Total assets less current liabilities
5,427,202
4,504,155
Creditors: amounts falling due after more than one year
8
(2,323,499)
(1,685,726)
Provisions for liabilities
Deferred tax liability
10
427,932
430,110
(427,932)
(430,110)
Net assets
2,675,771
2,388,319
Capital and reserves
Called up share capital
11
20
20
Revaluation reserve
1,324,328
1,324,328
Profit and loss reserves
1,351,423
1,063,971
Total equity
2,675,771
2,388,319

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 30 September 2025 and are signed on its behalf by:
Mr P Varsani
Director
Company registration number 09607244 (England and Wales)
BRIGHT LITTLE STARS HARROW LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2025
- 2 -
Share capital
Revaluation reserve
Profit and loss reserves
Total
Notes
£
£
£
£
Balance at 1 July 2023
20
920,550
871,443
1,792,013
Year ended 30 June 2024:
Profit
-
-
349,110
349,110
Other comprehensive income:
Revaluation of tangible fixed assets
-
430,190
-
430,190
Tax relating to other comprehensive income
-
(42,732)
-
0
(42,732)
Total comprehensive income
-
387,458
349,110
736,568
Dividends
-
-
(181,050)
(181,050)
Transfers
-
16,320
(16,320)
-
Other movements
-
-
40,788
40,788
Balance at 30 June 2024
20
1,324,328
1,063,971
2,388,319
Year ended 30 June 2025:
Profit and total comprehensive income
-
-
360,767
360,767
Dividends
-
-
(73,315)
(73,315)
Balance at 30 June 2025
20
1,324,328
1,351,423
2,675,771
BRIGHT LITTLE STARS HARROW LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 3 -
1
Accounting policies
Company information

Bright Little Stars Harrow Limited is a private company limited by shares incorporated in England and Wales. The registered office is 51 Sheepcote Road, Harrow, Middlesex, HA1 2JL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

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

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

1.2
Going concern

The financial performance of the company is set out in the report of the directors and in the statement of profit true or loss and the other comprehensive income. The financial position of the company is set out in the statement of financial position.

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Income represents the value, net of value added tax and discounts, of the following streams:

- Government funding, which is recognised as income when the company becomes entitled to the fund.

- Contract services, including nursery fees and child care vouchers are recognised as income when the service is provided and invoice raised.

- Interest income is recognised on an accruals basis using the effective interest method, in the period to which it relates.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold buildings
not depreciated
Plant and machinery
7% on Reducing Balance Method

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

BRIGHT LITTLE STARS HARROW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 4 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

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 instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors 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 financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

BRIGHT LITTLE STARS HARROW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

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

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

BRIGHT LITTLE STARS HARROW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 6 -
1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12

Comparatives

There were no changes in comparative figures during the year.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Useful lives of property, plant and equipment

Management reviews the useful lives, depreciation methods and residual values of the items of property, plant and equipment. During the financial year the directors determined no significant changes in the useful lives and residual values. The carrying amounts of property, plant and equipment are disclosed in note 10.

Valuation of properties

F reehold properties are carried at fair value based on valuations performed by external independent valuers or the directors. Fair value is ascertained through review of a number of factors and information flows, including market knowledge, recent market movements, recent sales of similar properties and historical experience. There is an inevitable degree of judgement involved and the value can only be reliably tested ultimately in the market itself.

Debtor recoverability

The directors review loans receivable on an annual basis. In determining whether receivables are impaired, the directors make judgement as to whether there is any evidence indicating that there is a measurable decrease in the estimate future cash flows expected.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Nursery employees
44
48
BRIGHT LITTLE STARS HARROW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 7 -
4
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
125,073
-
0
Deferred tax
Origination and reversal of timing differences
(2,178)
2,194
Total tax charge
122,895
2,194

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2025
2024
£
£
Profit before taxation
483,662
351,304
Expected tax charge based on the standard rate of corporation tax in the UK of 25.00% (2024: 25.00%)
120,916
87,826
Tax effect of expenses that are not deductible in determining taxable profit
268
-
0
Group relief
-
0
(79,134)
Permanent capital allowances in excess of depreciation
3,889
(8,692)
Deferred tax
(2,178)
2,194
Taxation charge for the year
122,895
2,194

In addition to the amount charged to the profit and loss account, the following amounts relating to tax have been recognised directly in other comprehensive income:

2025
2024
£
£
Deferred tax arising on:
Revaluation of property
-
42,732
BRIGHT LITTLE STARS HARROW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 8 -
5
Tangible fixed assets
Freehold buildings
Plant and machinery
Total
£
£
£
Cost
At 1 July 2024
3,556,000
841,301
4,397,301
Additions
-
0
12,251
12,251
At 30 June 2025
3,556,000
853,552
4,409,552
Depreciation and impairment
At 1 July 2024
-
0
371,280
371,280
Depreciation charged in the year
-
0
33,327
33,327
At 30 June 2025
-
0
404,607
404,607
Carrying amount
At 30 June 2025
3,556,000
448,945
4,004,945
At 30 June 2024
3,556,000
470,021
4,026,021

During the financial year, the directors have evaluated that the residual value of the freehold land and building in the company equal s to the fair value of the property. The property ha s also been maintained at a high standard and it's market value continues to appreciate over the years. Therefore there is no depreciation charge for the current year.

The freehold land and buildings was revalued at fair value on 24 May 2023 by Gerald Eve LLP a Registered valuer at £3,556,000. In the opinion of the director, the valuation at the balance sheet date represents the fair value.

6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
2,186,000
1,201,000
Other debtors
9,780
9,780
Prepayments and accrued income
-
0
5,335
2,195,780
1,216,115
BRIGHT LITTLE STARS HARROW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 9 -
7
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Bank loans
9
207,793
191,111
Payments received on account
15,486
14,752
Amounts owed to group undertakings
465,000
480,000
Corporation tax
125,072
-
0
Other taxation and social security
17,667
13,233
Other creditors
41,523
53,813
Accruals and deferred income
16,326
12,048
888,867
764,957
8
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
9
2,261,556
1,626,720
Payments received on account
61,943
59,006
2,323,499
1,685,726

The loans are secured by a first charge over the freehold property, 51 Sheepcote Road, Harrow, HA1 2JL and by the debenture including fixed charge over book and other debts, chattels, goodwill and uncalled capital, both present and future. The loans are subject to monthly repayments and commercial rates of interest.

9
Loans and overdrafts
2025
2024
£
£
Bank loans
2,469,349
1,817,831
Payable within one year
207,793
191,111
Payable after one year
2,261,556
1,626,720
BRIGHT LITTLE STARS HARROW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 10 -
10
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Accelerated capital allowances
430,110
387,378
Revaluations
-
42,732
Charge for the year
(2,178)
-
427,932
430,110
2025
Movements in the year:
£
Liability at 1 July 2024
430,110
Credit to profit or loss
(2,178)
Liability at 30 June 2025
427,932
11
Share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
16
16
16
16
A Ordinary shares of £1 each
4
4
4
4
20
20
20
20
12
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 30 June 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

BRIGHT LITTLE STARS HARROW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
12
Audit report information
(Continued)
- 11 -
Senior Statutory Auditor:
Shilpa Chheda
Statutory Auditor:
KLSA LLP
Date of audit report:
30 September 2025
BRIGHT LITTLE STARS HARROW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 12 -
13
Related party transactions

The company has taken advantage of the exemption available in FRS 102 (s33 "Related Party Disclosure"), whereby it has not disclosed transactions with any wholly owned subsidiary undertaking of the group.

14
Ultimate controlling party

The parent company of Bright Little Stars Harrow Limited is Bright Little Stars Group Limited and the registered office is Kinetic Business Centre, Theobald Street, Elstree, Hertfordshire, WD6 4PJ.

In the opinion of the directors, there is no ultimate controlling party.

2025-06-30 2024-07-01 false false false 30 September 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr A Devani Mrs M Guttadauro Mr P Varsani Ms N Freeman 09607244 2024-07-01 2025-06-30 09607244 2025-06-30 09607244 2024-06-30 09607244 core:LandBuildings core:OwnedOrFreeholdAssets 2025-06-30 09607244 core:PlantMachinery 2025-06-30 09607244 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 09607244 core:PlantMachinery 2024-06-30 09607244 core:ShareCapital 2025-06-30 09607244 core:ShareCapital 2024-06-30 09607244 core:RevaluationReserve 2025-06-30 09607244 core:RevaluationReserve 2024-06-30 09607244 core:RetainedEarningsAccumulatedLosses 2025-06-30 09607244 core:RetainedEarningsAccumulatedLosses 2024-06-30 09607244 core:ShareCapital 2023-06-30 09607244 core:RevaluationReserve 2023-06-30 09607244 core:RetainedEarningsAccumulatedLosses 2023-06-30 09607244 core:ShareCapitalOrdinaryShareClass1 2025-06-30 09607244 core:ShareCapitalOrdinaryShareClass1 2024-06-30 09607244 core:ShareCapitalOrdinaryShareClass2 2025-06-30 09607244 core:ShareCapitalOrdinaryShareClass2 2024-06-30 09607244 core:ShareCapitalOrdinaryShares 2025-06-30 09607244 core:ShareCapitalOrdinaryShares 2024-06-30 09607244 bus:Director3 2024-07-01 2025-06-30 09607244 core:RetainedEarningsAccumulatedLosses 2023-07-01 2024-06-30 09607244 2023-07-01 2024-06-30 09607244 core:RetainedEarningsAccumulatedLosses 2024-07-01 2025-06-30 09607244 core:RevaluationReserve 2023-07-01 2024-06-30 09607244 core:RevenueReservesInvestmentFundsOnly 2023-07-01 2024-06-30 09607244 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 09607244 core:PlantMachinery 2024-07-01 2025-06-30 09607244 core:UKTax 2024-07-01 2025-06-30 09607244 core:UKTax 2023-07-01 2024-06-30 09607244 1 2024-07-01 2025-06-30 09607244 1 2023-07-01 2024-06-30 09607244 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 09607244 core:PlantMachinery 2024-06-30 09607244 2024-06-30 09607244 core:CurrentFinancialInstruments 2025-06-30 09607244 core:CurrentFinancialInstruments 2024-06-30 09607244 core:Non-currentFinancialInstruments 2025-06-30 09607244 core:Non-currentFinancialInstruments 2024-06-30 09607244 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 09607244 bus:OrdinaryShareClass2 2024-07-01 2025-06-30 09607244 bus:OrdinaryShareClass1 2025-06-30 09607244 bus:OrdinaryShareClass1 2024-06-30 09607244 bus:OrdinaryShareClass2 2025-06-30 09607244 bus:OrdinaryShareClass2 2024-06-30 09607244 bus:AllOrdinaryShares 2025-06-30 09607244 bus:AllOrdinaryShares 2024-06-30 09607244 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 09607244 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 09607244 bus:FRS102 2024-07-01 2025-06-30 09607244 bus:Audited 2024-07-01 2025-06-30 09607244 bus:Director1 2024-07-01 2025-06-30 09607244 bus:Director2 2024-07-01 2025-06-30 09607244 bus:Director4 2024-07-01 2025-06-30 09607244 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP