PEBBLES CHILDREN AND FAMILY SERVICES 31/03/2025 iXBRL

Company registration number: 5543839

PEBBLES CHILDREN AND FAMILY SERVICES

Trading as Pebbles Children and Family Services

Company limited by guarantee

Unaudited financial statements

31 March 2025

PEBBLES CHILDREN AND FAMILY SERVICES

Company limited by guarantee

Contents

Directors and other information

Directors report

Statement of comprehensive income

Statement of financial position

Statement of changes in equity

Notes to the financial statements

PEBBLES CHILDREN AND FAMILY SERVICES

Company limited by guarantee

Directors and other information


	Directors
		Mrs Karen Louise Sims
		Miss Nicola Fleming
		Dr Patricia Spencer
		Mrs Holly Gilman
		Mrs Cassi Stubbs
		Ms Andrea Willford


	Company number	5543839


	Registered office	Mundesley Children's Centre
		Trunch Road
		Mundesley
		Norfolk
		NR11 8LE


	Business address	Mundesley Children's Centre
		Trunch Road
		Mundesley
		Norfolk
		NR11 8LE


	Accountants	Taylor Minns
		Terence House
		3 Vicarage Street
		North Walsham
		Norfolk
		NR28 9DQ

PEBBLES CHILDREN AND FAMILY SERVICES

Company limited by guarantee

Directors report

Year ended 31 March 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025.

Directors

The directors who served the company during the year were as follows:


Mrs Karen Louise Sims
Miss Nicola Fleming
Dr Patricia Spencer
Mrs Holly Gilman
Mrs Cassi Stubbs
Ms Andrea Willford

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 24 October 2025 and signed on behalf of the board by:

Mrs Holly Gilman

Director

PEBBLES CHILDREN AND FAMILY SERVICES

Company limited by guarantee

Statement of comprehensive income

Year ended 31 March 2025

		2025	2024
	Note	£	£


Turnover		399,755	329,238
Cost of sales		577	1,562
		_______	_______
Gross profit		400,332	330,800

Administrative expenses		( 389,866)	( 379,106)
Other operating income		11,035	500
		_______	_______
Operating profit/(loss)		21,501	( 47,806)

Profit/(loss) before taxation	6	21,501	( 47,806)

Tax on profit/(loss)		-	-
		_______	_______
Profit/(loss) for the financial year and total comprehensive income		21,501	( 47,806)
		_______	_______

All the activities of the company are from continuing operations.

PEBBLES CHILDREN AND FAMILY SERVICES

Company limited by guarantee

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	7	731		976
		_______		_______
			731		976

Current assets
Stocks		5,728		5,151
Debtors	8	220		2,976
Cash at bank and in hand		50,847		26,504
		_______		_______
		56,795		34,631
Creditors: amounts falling due
within one year	9	( 31,752)		( 31,334)
		_______		_______
Net current assets			25,043		3,297
			_______		_______
Total assets less current liabilities			25,774		4,273

			_______		_______
Net assets			25,774		4,273
			_______		_______

Capital and reserves
Profit and loss account			25,774		4,273
			_______		_______
Members funds			25,774		4,273
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements were approved by the board of directors and authorised for issue on 24 October 2025 , and are signed on behalf of the board by:

Mrs Holly Gilman

Director

Company registration number: 5543839

PEBBLES CHILDREN AND FAMILY SERVICES

Company limited by guarantee

Statement of changes in equity

Year ended 31 March 2025

	Profit and loss account	Total
	£	£


At 1 April 2023	52,079	52,079

Profit/(loss) for the year	( 47,806)	( 47,806)
	_______	_______
Total comprehensive income for the year	( 47,806)	( 47,806)

	_______	_______
At 31 March 2024 and 1 April 2024	4,273	4,273

Profit/(loss) for the year	21,501	21,501
	_______	_______
Total comprehensive income for the year	21,501	21,501

	_______	_______
At 31 March 2025	25,774	25,774
	_______	_______

PEBBLES CHILDREN AND FAMILY SERVICES

Company limited by guarantee

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by guarantee, registered in England. The address of the registered office is Mundesley Children's Centre, Trunch Road, Mundesley, Norfolk, NR11 8LE.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	25% %	reducing balance
Fittings fixtures and equipment	-	25% %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Limited by guarantee

The company is limited by guarantee as per the memorandum and articles of association.

5. Employee numbers

The average number of persons employed by the company during the year amounted to 16 (2024: 16 ).

6. Profit/loss before taxation

Profit/loss before taxation is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	245	326
	_______	_______

7. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	24,131	8,858	32,989
	_______	_______	_______
Depreciation
At 1 April 2024	23,236	8,777	32,013
Charge for the year	224	21	245
	_______	_______	_______
At 31 March 2025	23,460	8,798	32,258
	_______	_______	_______
Carrying amount
At 31 March 2025	671	60	731
	_______	_______	_______
At 31 March 2024	895	81	976
	_______	_______	_______

8. Debtors

	2025	2024
	£	£
Trade debtors	-	516
Other debtors	220	2,460
	_______	_______
	220	2,976
	_______	_______

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	25,853	25,853
Trade creditors	4,459	4,149
Other creditors	1,440	1,332
	_______	_______
	31,752	31,334
	_______	_______

During the year the company entered into the following guarantees on behalf of its directors:

	Maximum liability		Amount paid/liability incurred
	2025	2024	2025	2024
	£	£	£	£
Mrs Karen Louise Sims	-	1	-	-
Miss Nicola Fleming	-	1	-	-
Dr Patricia Spencer	-	1	-	-
Mrs Holly Gilman	-	1	-	-
Mrs Cassi Stubbs	-	1	-	-
Ms Andrea Willford	-	1	-	-
	_______	_______	_______	_______
	-	6	-	-
	_______	_______	_______	_______