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Registered number: 04364009
Puddleducks Child Care Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
SAS Accounting Services Ltd
The Colchester Centre
Hawkins Road
Colchester
CO2 8JX
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 04364009
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 6,894 8,767
6,894 8,767
CURRENT ASSETS
Debtors 6 297,873 577,334
Cash at bank and in hand - 864
297,873 578,198
Creditors: Amounts Falling Due Within One Year 7 (107,982 ) (94,907 )
NET CURRENT ASSETS (LIABILITIES) 189,891 483,291
TOTAL ASSETS LESS CURRENT LIABILITIES 196,785 492,058
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,723 ) (1,666 )
NET ASSETS 195,062 490,392
CAPITAL AND RESERVES
Called up share capital 8 501 501
Capital redemption reserve 501 501
Income Statement 194,060 489,390
SHAREHOLDERS' FUNDS 195,062 490,392
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Alpesh Patel
Director
21st October 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Puddleducks Child Care Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04364009 . The registered office is 105 Old Heath Road, Colchester, CO1 2EX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the income statement over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% on cost
Leasehold 0% on cost
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% on cost
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2024: 17)
17 17
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 230,812
As at 31 March 2025 230,812
Amortisation
As at 1 April 2024 230,812
As at 31 March 2025 230,812
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 237,459 2,438 239,897
Additions - 317 317
As at 31 March 2025 237,459 2,755 240,214
Depreciation
As at 1 April 2024 230,005 1,125 231,130
Provided during the period 1,863 327 2,190
As at 31 March 2025 231,868 1,452 233,320
Net Book Value
As at 31 March 2025 5,591 1,303 6,894
As at 1 April 2024 7,454 1,313 8,767
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,222 1,313
Other debtors - 746
Amounts owed by other participating interests 294,651 575,275
297,873 577,334
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 23,435 18,901
Bank loans and overdrafts 6,228 5,554
Other taxes and social security 40,427 34,582
Net wages 255 328
Other creditors 20,068 19,794
Accruals and deferred income 1,500 1,500
Directors' loan accounts 16,069 14,248
107,982 94,907
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 501 501
Page 5