| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 |
| FOR |
| PRECIOUS TIMES CHILDCARE |
| SERVICES LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 |
| FOR |
| PRECIOUS TIMES CHILDCARE |
| SERVICES LIMITED |
| PRECIOUS TIMES CHILDCARE |
| SERVICES LIMITED (REGISTERED NUMBER: 04687325) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2025 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| PRECIOUS TIMES CHILDCARE |
| SERVICES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 12 Abbey Road |
| GRIMSBY |
| DN32 0HL |
| PRECIOUS TIMES CHILDCARE |
| SERVICES LIMITED (REGISTERED NUMBER: 04687325) |
| ABRIDGED BALANCE SHEET |
| 31 JULY 2025 |
| 31.7.25 | 31.7.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Allotted, called up and |
| fully paid share capital |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| PRECIOUS TIMES CHILDCARE |
| SERVICES LIMITED (REGISTERED NUMBER: 04687325) |
| ABRIDGED BALANCE SHEET - continued |
| 31 JULY 2025 |
| The financial statements were approved by the director and authorised for issue on |
| PRECIOUS TIMES CHILDCARE |
| SERVICES LIMITED (REGISTERED NUMBER: 04687325) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 1. | STATUTORY INFORMATION |
| Precious Times Childcare Services Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable for the provision of childcare services. The policies adopted for the recognition of turnover are as follows - |
| Fees from parents |
| Turnover for fees from parents is measured at the fair value of the consideration received or receivable for the provision of childcare services in the accounting period. |
| Nursery education funding |
| Nursery education funding is received for nursery places provided each academic term. The funding included in turnover is for the academic terms in the accounting period. Funding received in the accounting period for academic terms after the period end are carried forward in deferred grants. |
| Tangible fixed assets |
| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. |
| Depreciation is provided on all tangible fixed assets at rates calculated to write off cost, less estimated residual value, of each asset on a systematic basis over their expected useful lives as follows - |
| Improvements to property | - 20% and 17% on cost |
| Equipment | - 20% on cost |
| Computer equipment | - 33% on cost |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
| PRECIOUS TIMES CHILDCARE |
| SERVICES LIMITED (REGISTERED NUMBER: 04687325) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Grants |
| Grants receivable which relate to expenditure on fixed assets are treated as deferred income and released to the profit and loss account over the expected life of the related asset. |
| Grants relating to revenue are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. A grant that becomes 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 shall be recognised in income in the period in which it becomes receivable. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 August 2024 |
| Additions |
| Disposals | ( |
) |
| At 31 July 2025 |
| DEPRECIATION |
| At 1 August 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 July 2025 |
| NET BOOK VALUE |
| At 31 July 2025 |
| At 31 July 2024 |
| PRECIOUS TIMES CHILDCARE |
| SERVICES LIMITED (REGISTERED NUMBER: 04687325) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Totals |
| £ |
| COST |
| At 1 August 2024 |
| and 31 July 2025 | 39,263 |
| DEPRECIATION |
| At 1 August 2024 | 8,984 |
| Charge for year | 9,816 |
| At 31 July 2025 | 18,800 |
| NET BOOK VALUE |
| At 31 July 2025 | 20,463 |
| At 31 July 2024 | 30,279 |
| 5. | LEASING AGREEMENTS |
| Minimum lease payments fall due as follows: |
| Hire purchase |
| contracts |
| 31.7.25 | 31.7.24 |
| £ | £ |
| Net obligations repayable: |
| Within one year |
| Between one and five years |
| Non-cancellable |
| operating leases |
| 31.7.25 | 31.7.24 |
| £ | £ |
| Within one year |
| Between one and five years |
| In more than five years |