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Registration number: 07133192

Reedley Childcare Limited
Unaudited Filleted Financial Statements
for the Year Ended 27 February 2025

Reedley Childcare Limited

Contents

Balance Sheet | 1 to 2
Notes to the Financial Statements | 3 to 8

Reedley Childcare Limited

(Registration number: 07133192)
Balance Sheet as at 27 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 172,933 | 173,478
Current assets |  |  |
Debtors | 5 | 201,862 | 178,189
Cash at bank and in hand |  | 1,323 | 497
|  | 203,185 | 178,686
Creditors: Amounts falling due within one year | 6 | (195,520) | (193,443)
Net current assets/(liabilities) |  | 7,665 | (14,757)
Total assets less current liabilities |  | 180,598 | 158,721
Creditors: Amounts falling due after more than one year | 6 | (90,939) | (98,524)
Net assets |  | 89,659 | 60,197
Capital and reserves |  |  |
Called up share capital |  | 101 | 101
Revaluation reserve |  | 48,790 | 48,790
Retained earnings |  | 40,768 | 11,306
Shareholders' funds |  | 89,659 | 60,197

Reedley Childcare Limited

(Registration number: 07133192)
Balance Sheet as at 27 February 2025

For the financial year ending 27 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 November 2025 and signed on its behalf by:

......................................... A Kinder Director

Reedley Childcare Limited

Notes to the Financial Statements for the Year Ended 27 February 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 3
31-33 Kenyon Road
Lomeshaye
Nelson
Lancashire
BB9 5SP
England

These financial statements were authorised for issue by the Board on 17 November 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared in sterling (£) using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Reedley Childcare Limited

Notes to the Financial Statements for the Year Ended 27 February 2025

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures, fittings and equipment | 15% reducing balance
Land and buildings leasehold | 15% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Reedley Childcare Limited

Notes to the Financial Statements for the Year Ended 27 February 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 27 (2024 - 26).

Reedley Childcare Limited

Notes to the Financial Statements for the Year Ended 27 February 2025

4 | Tangible assets

| Land and buildings £ | Other tangible assets £ | Total £
Cost or valuation
At 28 February 2024 | 169,170 | 20,521 | 189,691
Additions | - | 739 | 739
At 27 February 2025 | 169,170 | 21,260 | 190,430
Depreciation
At 28 February 2024 | 3,717 | 12,496 | 16,213
Charge for the year | 68 | 1,216 | 1,284
At 27 February 2025 | 3,785 | 13,712 | 17,497
Carrying amount
At 27 February 2025 | 165,385 | 7,548 | 172,933
At 27 February 2024 | 165,453 | 8,025 | 173,478

5 | Debtors

| Note | 2025 £ | 2024 £
Trade debtors |  | 563 | 490
Amounts owed by group undertakings and undertakings in which the company has a participating interest |  | 201,299 | 177,699
|  | 201,862 | 178,189

Reedley Childcare Limited

Notes to the Financial Statements for the Year Ended 27 February 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 55,759 | 43,183
Trade creditors |  | 4,349 | 2,752
Taxation and social security |  | 74,180 | 74,316
Accruals and deferred income |  | 2,900 | 2,900
Other creditors |  | 58,332 | 70,292
|  | 195,520 | 193,443

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £9,550 (2024 - £7,782).

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 90,939 | 98,524

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £65,049 (2024 - £71,256).

Reedley Childcare Limited

Notes to the Financial Statements for the Year Ended 27 February 2025

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 68,402 | 84,591
Other borrowings | 22,537 | 13,933
| 90,939 | 98,524

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 17,782 | 17,782
Bank overdrafts | 1,768 | 8,075
Other borrowings | 36,209 | 17,326
| 55,759 | 43,183

8 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £4,712 (2024 - £Nil).