Utopia_Childcare_Limited_31_Jul_2025_companies_house_set_of

Utopia Childcare Limited

Statement of Financial Position

31 July 2025

		2025		2024
	Note	£		£
Fixed assets
Tangible assets	5	190,150		86,712
Current assets
Debtors	6	297,355		285,202
Cash at bank and in hand		87,614		13,582
		384,969		298,784
Creditors: amounts falling due within one year	7	(63,798	)	(21,596	)
Net current assets		321,171		277,188
Total assets less current liabilities		511,321		363,900
Creditors: amounts falling due after more than one year	8	(786,327	)	(757,647	)
Net liabilities		(275,006	)	(393,747	)
Capital and reserves
Called up share capital		1,000		1,000
Profit and loss account		(276,006	)	(394,747	)
Shareholders deficit		(275,006	)	(393,747	)

For the year ending

31 July 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 financial statements for the year in question in accordance with section 476;
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

31 July 2026

, and are signed on behalf of the board by:

Mr Paul John Tweedie

Director

Company registration number:

13757122

Utopia Childcare Limited

Notes to the Financial Statements

Year ended

31 July 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

Audley House 9 Bedford Grove

Alsager

Stoke-On-Trent

Cheshire

ST7 2SR

, England.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland' and the Companies Act 2006.

3 Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the company.

Going concern

The financial statements have been prepared on a going concern basis. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and Value Added Tax.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Land and buildings relate solely to leasehold improvements made to properties occupied by the company.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Office equipment	3 years straight line
Motor vehicles	25% reducing balance
Plant and machinery	4 years straight line
Land and buildings	10 years straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Provisions policy

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

4 Average number of employees

The average number of persons employed by the company during the year was

(2024:

22.00

5 Tangible assets

	Land and buildings	Plant and machinery etc.		Total
	£	£		£
Cost
At 1 August 2024	-	122,557		122,557
Additions	95,618	50,583		146,201
Disposals	-	(10,999	)	(10,999	)
At 31 July 2025	95,618	162,141		257,759
Depreciation
At 1 August 2024	-	35,845		35,845
Charge	3,738	30,811		34,549
Disposals	-	(2,785	)	(2,785	)
At 31 July 2025	3,738	63,871		67,609
Carrying amount
At 31 July 2025	91,880	98,270		190,150
At 31 July 2024	-	86,712		86,712

Land and buildings relate solely to leasehold improvements made to properties occupied by the company.

6 Debtors

	2025	2024
	£	£
Trade debtors	157,446	143,336
Other debtors	139,909	141,866
	297,355	285,202

7 Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	25,285	6,538
Taxation and social security	29,309	4,981
Other creditors	9,204	10,077
	63,798	21,596

8 Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Other creditors	786,327		757,647

9 Operating leases

	2025	2024
The company as lessee
	£	£
Not later than 1 year	70,250	70,250
Later than 1 year and not later than 5 years	281,000	281,000
Later than 5 years	23,417	93,667
	374,667	444,917

10 Related party transactions

Mr Paul John Tweedie is a related party by virtue of his directorship of and shareholding in the company.

The director provided the company with an interest free loan such that, at the year end, the director was owed the sum of £40 (2024: £40).

11 Controlling party

The company is controlled by Mr Harry Donaldson, due to his majority shareholding therein. As the majority shareholder, Mr Donaldson has the ability to direct the financial and operating policies of the company.

12 Going concern

The director has confirmed that the company will continue to receive financial support, in order to enable it to finance its trading and other obligations as they fall due, for the foreseeable future.

Based on the above, the financial statements have been prepared on the going concern basis.