Fairhaven Under 5's Centre Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 06446479

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		241		477

			241		477
CURRENT ASSETS
Debtors	5	1,773		103
Cash at bank and in hand		65,933		70,258

		67,706		70,361
Creditors: Amounts Falling Due Within One Year	6	(8,492 )		(10,807 )

NET CURRENT ASSETS (LIABILITIES)			59,214		59,554

TOTAL ASSETS LESS CURRENT LIABILITIES			59,455		60,031

NET ASSETS			59,455		60,031

Income and Expenditure Account			59,455		60,031

MEMBERS' FUNDS			59,455		60,031

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

D L Carter

Director

30 April 2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Fairhaven Under 5's Centre Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 06446479 . The registered office is Fairhaven Under 5's Centre, Barnett Lane, Stourbridge, West Midlands, DY8 5PY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

33% Straight Line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2025: 6)

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Fairhaven Under 5's Centre Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2025	2,784
Disposals	(149 )

As at 31 March 2026	2,635

Depreciation
As at 1 April 2025	2,307
Provided during the period	236
Disposals	(149 )

As at 31 March 2026	2,394

Net Book Value
As at 31 March 2026	241

As at 1 April 2025	477

5. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	1,773	103

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	2,769	3,349
Taxation and social security	5,723	7,458

	8,492	10,807

7. Directors Advances, Credits and Guarantees

Every stakeholder member undertakes to contribute to the assets of the company in the event of it being wound up while they are a member or within one year after they cease to be a member for payment of debts and liabilities of the company contracted before they cease to be a member and of the costs, charges and expenses of winding up and for the rights of contributories among themselves such amount as may be required not exceeding one pound.

8. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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