Acorah Software Products - Accounts Production 16.6.950 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 09584022 Ms Laura Holmes Mrs Debra Turner Mr Robert Turner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09584022 2024-05-31 09584022 2025-05-31 09584022 2024-06-01 2025-05-31 09584022 frs-core:CurrentFinancialInstruments 2025-05-31 09584022 frs-core:Non-currentFinancialInstruments 2025-05-31 09584022 frs-core:ComputerEquipment 2025-05-31 09584022 frs-core:ComputerEquipment 2024-06-01 2025-05-31 09584022 frs-core:ComputerEquipment 2024-05-31 09584022 frs-core:FurnitureFittings 2024-06-01 2025-05-31 09584022 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-01 2025-05-31 09584022 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-05-31 09584022 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 09584022 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 09584022 frs-core:MotorVehicles 2025-05-31 09584022 frs-core:MotorVehicles 2024-06-01 2025-05-31 09584022 frs-core:MotorVehicles 2024-05-31 09584022 frs-core:PlantMachinery 2025-05-31 09584022 frs-core:PlantMachinery 2024-06-01 2025-05-31 09584022 frs-core:PlantMachinery 2024-05-31 09584022 frs-core:ShareCapital 2025-05-31 09584022 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 09584022 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 09584022 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 09584022 frs-bus:SmallEntities 2024-06-01 2025-05-31 09584022 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 09584022 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 09584022 frs-bus:Director1 2024-06-01 2025-05-31 09584022 frs-bus:Director2 2024-06-01 2025-05-31 09584022 frs-bus:CompanySecretary1 2024-06-01 2025-05-31 09584022 frs-core:CurrentFinancialInstruments 1 2025-05-31 09584022 frs-countries:EnglandWales 2024-06-01 2025-05-31 09584022 2023-05-31 09584022 2024-05-31 09584022 2023-06-01 2024-05-31 09584022 frs-core:CurrentFinancialInstruments 2024-05-31 09584022 frs-core:Non-currentFinancialInstruments 2024-05-31 09584022 frs-core:ShareCapital 2024-05-31 09584022 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09584022 frs-core:CurrentFinancialInstruments 1 2024-05-31
Registered number: 09584022
Mini VIP's Nursery & Day Care Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
Richard Price Accountancy
ACCA
28 Croft Gardens
Charlton Kings
Cheltenham
GL53 8LG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09584022
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,055,907 740,382
1,055,907 740,382
CURRENT ASSETS
Debtors 5 31,853 33,036
Cash at bank and in hand 23,217 80,449
55,070 113,485
Creditors: Amounts Falling Due Within One Year 6 (153,719 ) (203,292 )
NET CURRENT ASSETS (LIABILITIES) (98,649 ) (89,807 )
TOTAL ASSETS LESS CURRENT LIABILITIES 957,258 650,575
Creditors: Amounts Falling Due After More Than One Year 7 (636,034 ) (650,531 )
NET ASSETS 321,224 44
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 321,124 (56 )
SHAREHOLDERS' FUNDS 321,224 44
Page 1
Page 2
For the year ending 31 May 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 Profit and Loss Account.
On behalf of the board
Ms Laura Holmes
Director
06/11/2025
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
Mini VIP's Nursery & Day Care Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09584022 . The registered office is 32 North Street , Winchcombe, Cheltenham, Glos, GL54 5PS.
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.
The company has changed its accounting aaproach to valuation of its freehold property. In previous years the cost vaklluation was used but the policy has changed prospectively to a fair valuation method.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% Straight Line
Leasehold 10% Straight Line
Plant & Machinery 20% Straight Line
Motor Vehicles 20% Straight Line
Fixtures & Fittings 20% Straight Line
Computer Equipment 20% Straight Line
2.4. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 22 22
22 22
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 June 2024 826,098 27,085 43,290 29,310 925,783
Disposals - - - (299 ) (299 )
Revaluation 337,000 - - - 337,000
As at 31 May 2025 1,163,098 27,085 43,290 29,011 1,262,484
Depreciation
As at 1 June 2024 132,368 13,493 17,868 21,672 185,401
Provided during the period 12,357 2,628 3,238 2,953 21,176
As at 31 May 2025 144,725 16,121 21,106 24,625 206,577
Net Book Value
As at 31 May 2025 1,018,373 10,964 22,184 4,386 1,055,907
As at 1 June 2024 693,730 13,592 25,422 7,638 740,382
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 29,824 24,386
Prepayments and accrued income 1,140 1,140
Other taxes and social security 889 -
Directors' loan accounts - 7,510
31,853 33,036
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 38 (217 )
Bank loans and overdrafts 23,855 30,180
Corporation tax 44,648 29,950
Other taxes and social security - 4,599
Net wages 1,807 1,760
Other creditors - 35
...CONTINUED
Page 4
Page 5
Other creditors (1) (1,950 ) (1,400 )
Accruals and deferred income 5,544 98,814
Directors' loan accounts 79,777 39,571
153,719 203,292
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 636,034 650,531
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5