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Registration number: 14118408

Chuckles Childcare Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 May 2025

Chuckles Childcare Ltd

Company Information

Director | Mrs Caroline McCormack-Jones

Registered office | Unit 17 Sovereign Court Wyrefields Poulton Industrial Estate Poulton-Le-Fylde FY6 8JX

Accountants | Beckett Rawcliffe Limited Unit 17, Beckett House Sovereign Court Wyrefields Poulton Le Fylde Lancashire FY6 8JX

Chuckles Childcare Ltd

Director's Report for the Year Ended 31 May 2025

The director presents her report and the financial statements for the year ended 31 May 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr Robert Vaughn Moorcroft McCormack-Jones (ceased 31 July 2024)

Mrs Caroline McCormack-Jones

Principal activity

The principal activity of the company is that of child day care.

Small companies provision statement

This report has 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.

Approved by the director on 22 January 2026 and signed on its behalf by:

......................................... Mrs Caroline McCormack-Jones Director |  |

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Chuckles Childcare Ltd
for the Year Ended 31 May 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Chuckles Childcare Ltd for the year ended 31 May 2025 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Chuckles Childcare Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Chuckles Childcare Ltd and state those matters that we have agreed to state to the Board of Directors of Chuckles Childcare Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chuckles Childcare Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Chuckles Childcare Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Chuckles Childcare Ltd. You consider that Chuckles Childcare Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Chuckles Childcare Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Beckett Rawcliffe Limited
Unit 17, Beckett House
Sovereign Court
Wyrefields
Poulton Le Fylde
Lancashire
FY6 8JX

22 January 2026

Chuckles Childcare Ltd

(Registration number: 14118408)
Balance Sheet as at 31 May 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 186,735 | 167,461
Current assets |  |  |
Cash at bank and in hand |  | 105,614 | 3,173
Creditors: Amounts falling due within one year | 6 | (57,400) | (9,372)
Net current assets/(liabilities) |  | 48,214 | (6,199)
Total assets less current liabilities |  | 234,949 | 161,262
Creditors: Amounts falling due after more than one year | 6 | (129,213) | (111,726)
Net assets |  | 105,736 | 49,536
Capital and reserves |  |  |
Called up share capital | 7 | 1 | 1
Retained earnings |  | 105,735 | 49,535
Shareholders' funds |  | 105,736 | 49,536

For the financial 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.

Director's 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 director acknowledges her 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 and 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 and Director's Report.

Approved and authorised by the director on 22 January 2026

......................................... Mrs Caroline McCormack-Jones Director |  |

Chuckles Childcare Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1 | General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
Unit 17 Sovereign Court Wyrefields
Poulton Industrial Estate
Poulton-Le-Fylde
FY6 8JX
England

These financial statements were authorised for issue by the director on 22 January 2026.

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

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

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.

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.

Chuckles Childcare Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

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
Buildings | 20% staight line over 50 years
Motor vehicles | 10% straight line over 10 years
Fixtures and fittings | 20% on reducing balance
Office equipment | 20% on reducing balance
Plant & Machinery | 20% on 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 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.

Chuckles Childcare Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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 the director) during the year, was 25 (2024 - 14).

Chuckles Childcare Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 June 2024 | 131,432 | 27,939 | 25,676 | 185,047
Additions | 4,560 | 8,719 | 18,499 | 31,778
At 31 May 2025 | 135,992 | 36,658 | 44,175 | 216,825
Depreciation
At 1 June 2024 | 2,629 | 9,822 | 5,135 | 17,586
Charge for the year | 2,719 | 5,367 | 4,418 | 12,504
At 31 May 2025 | 5,348 | 15,189 | 9,553 | 30,090
Carrying amount
At 31 May 2025 | 130,644 | 21,469 | 34,622 | 186,735
At 31 May 2024 | 128,803 | 18,117 | 20,541 | 167,461

Included within the net book value of land and buildings above is £130,644 (2024 - £128,804) in respect of freehold land and buildings.

Chuckles Childcare Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

5 | Debtors

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 29,436 | 7,134
Accruals and deferred income | 3,142 | 2,043
Other creditors | 24,822 | 195
| 57,400 | 9,372

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 129,213 | 111,726

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 1 | 1 | 1 | 1

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 114,465 | 111,726
Hire purchase contracts | 14,748 | -
| 129,213 | 111,726

Bank borrowings

Royal Bank of Scotland is denominated in GBP with a nominal interest rate of 6.0%, and the final instalment is due on . The carrying amount at year end is £114,465 (2024 - £111,726). Land & Buildings

Chuckles Childcare Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

9 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of £37,000.00 (2024 - £16,000.00) per each Ordinary |  | 37,000 |  | 16,000

10 | Related party transactions

Chuckles Childcare Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Director's remuneration

The director's remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 12,317 | 11,784

11 | Parent and ultimate parent undertaking

The ultimate controlling party is Caroline McCormack-Jones.