REGISTERED NUMBER: 05161343 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

FIRST STEPS NURSERY (SOLIHULL) LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

Mrs L Boundy

Secretary:

P Boundy

Registered office:

1623 Warwick Road

Knowle

Solihull

West Midlands

B93 9LF

Registered number:

05161343 (England and Wales)

Accountants:

Athos Business Solutions Limited

1623 Warwick Road

Knowle

Solihull

West Midlands

B93 9LF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

124,010

92,382

124,010

92,382

CURRENT ASSETS

Debtors

6

20,992

623

Cash at bank

134,706

96,245

155,698

96,868

CREDITORS

Amounts falling due within one year

7

52,863

42,168

NET CURRENT ASSETS

102,835

54,700

TOTAL ASSETS LESS CURRENT LIABILITIES

226,845

147,082

CREDITORS

Amounts falling due after more than one year

8

(29,440

)

-

PROVISIONS FOR LIABILITIES

(10,934

)

(598

)

NET ASSETS

186,471

146,484

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

186,371

146,384

186,471

146,484

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 January 2026 and were signed by:

Mrs L Boundy - Director

1.	STATUTORY INFORMATION

First Steps Nursery (Solihull) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

in accordance with the property

Fixtures & Fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 27 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 July 2024

and 30 June 2025

5,000

Amortisation

At 1 July 2024

and 30 June 2025

5,000

Net book value

At 30 June 2025

-

At 30 June 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Fixtures

Motor

Computer

property

& Fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 July 2024

114,225

28,975

-

2,052

145,252

Additions

-

2,056

41,522

898

44,476

At 30 June 2025

114,225

31,031

41,522

2,950

189,728

Depreciation

At 1 July 2024

24,988

26,017

-

1,865

52,870

Charge for year

8,961

1,118

2,595

174

12,848

At 30 June 2025

33,949

27,135

2,595

2,039

65,718

Net book value

At 30 June 2025

80,276

3,896

38,927

911

124,010

At 30 June 2024

89,237

2,958

-

187

92,382

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

Cost

Additions

41,522

At 30 June 2025

41,522

Depreciation

Charge for year

2,595

At 30 June 2025

2,595

Net book value

At 30 June 2025

38,927

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

18,723

-

Other debtors

2,269

623

20,992

623

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

5,666

-

Taxation and social security

16,798

13,807

Other creditors

30,399

28,361

52,863

42,168

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

29,440

-