Company Registration No. 08448519 (England and Wales)
WISE MASTERBUILDERS CHILDCARE LIMITED
Unaudited accounts
for the year ended 31 August 2025
WISE MASTERBUILDERS CHILDCARE LIMITED
Unaudited accounts
Contents
WISE MASTERBUILDERS CHILDCARE LIMITED
Company Information
for the year ended 31 August 2025
Directors
Olusola Ayodele Omole
Folake Omoarukhe Omole
Company Number
08448519 (England and Wales)
Registered Office
CARISBROOK DAY NURSERY CARISBROOK STREET
HARPURHEY
MANCHESTER
M9 5UX
Accountants
TCG Accountants Ltd
22 Ullswater Road
Handforth
WILMSLOW
UK
SK9 3NQ
WISE MASTERBUILDERS CHILDCARE LIMITED
Statement of financial position
as at 31 August 2025
Tangible assets
176,600
170,725
Cash at bank and in hand
1,750,986
1,082,282
Creditors: amounts falling due within one year
(861,640)
(376,390)
Net current assets
1,316,316
1,098,791
Total assets less current liabilities
1,492,916
1,269,516
Creditors: amounts falling due after more than one year
(13,200)
(26,400)
Provisions for liabilities
Deferred tax
(28,537)
(24,379)
Net assets
1,451,179
1,218,737
Called up share capital
500
500
Capital redemption reserve
(820)
(820)
Profit and loss account
1,451,499
1,219,057
Shareholders' funds
1,451,179
1,218,737
For the year ending 31 August 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by
Olusola Ayodele Omole
Director
Company Registration No. 08448519
WISE MASTERBUILDERS CHILDCARE LIMITED
Notes to the Accounts
for the year ended 31 August 2025
WISE MASTERBUILDERS CHILDCARE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08448519. The registered office is CARISBROOK DAY NURSERY CARISBROOK STREET, HARPURHEY, MANCHESTER, M9 5UX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight Line on property improvements
Plant & machinery
20% Reducing Balance
Computer equipment
33% Reducing Balance
WISE MASTERBUILDERS CHILDCARE LIMITED
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
217,000
121,260
124,029
462,289
Additions
-
23,786
21,353
45,139
At 31 August 2025
217,000
145,046
145,382
507,428
At 1 September 2024
110,358
87,791
93,415
291,564
Charge for the year
10,664
11,451
17,149
39,264
At 31 August 2025
121,022
99,242
110,564
330,828
At 31 August 2025
95,978
45,804
34,818
176,600
At 31 August 2024
106,642
33,469
30,614
170,725
Amounts falling due within one year
Trade debtors
104,089
69,832
Accrued income and prepayments
9,342
8,967
Other debtors
313,539
314,100
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
401,838
5,163
Taxes and social security
105,385
47,569
Other creditors
11,834
11,364
Loans from directors
329,383
297,007
Deferred income
13,200
13,200
7
Creditors: amounts falling due after more than one year
2025
2024
Deferred income
13,200
26,400
8
Average number of employees
During the year the average number of employees was 88 (2024: 88).