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COMPANY REGISTRATION NUMBER: 08980454

STEPPING STONES DAY NURSERY (CLAY CROSS) LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 November 2025

STEPPING STONES DAY NURSERY (CLAY CROSS) LIMITED

STATEMENT OF FINANCIAL POSITION

30 November 2025

| 2025 | 2024
Note | £ | £ | £

FIXED ASSETS

Tangible assets | 6 |  | 5,435 | 6,346

CURRENT ASSETS

Debtors | 7 | 159,507 |  | 152,061
Cash at bank and in hand | 90,288 |  | 16,546
| --------- |  | ---------
| 249,795 |  | 168,607

CREDITORS: amounts falling due within one year | 8 | 58,683 |  | 44,652
| --------- |  | ---------
NET CURRENT ASSETS |  | 191,112 | 123,955
|  | --------- | ---------
TOTAL ASSETS LESS CURRENT LIABILITIES |  | 196,547 | 130,301

CREDITORS: amounts falling due after more than one year | 9 |  | 31,202 | 42,801
|  | --------- | ---------
NET ASSETS |  | 165,345 | 87,500
|  | --------- | ---------

CAPITAL AND RESERVES

Called up share capital | 10 |  | 2 | 2
Profit and loss account |  | 165,343 | 87,498
|  | --------- | --------
SHAREHOLDERS FUNDS |  | 165,345 | 87,500
|  | --------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

STEPPING STONES DAY NURSERY (CLAY CROSS) LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 November 2025
These financial statements were approved by the board of directors and authorised for issue on 19 August 2026 , and are signed on behalf of the board by:
C A PRICE
Director
Company registration number: 08980454

STEPPING STONES DAY NURSERY (CLAY CROSS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

Year ended 30 November 2025
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England. The address of the registered office is 4 Drake Avenue, Penkridge, Stafford, ST19 5UA.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
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 and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Turnover
Turnover in the profit and loss account represents the value of children's day care provided during the year. Turnover is recognised when cash is received from the customer.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
Amortisation
Amortisation 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:

| Goodwill | - | 20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Nursery equipment | - | 25% straight line
| Furniture and fixtures | - | 20% straight line
| Motor vehicles | - | 25% reducing balance

Financial instruments
Financial instruments and equity instruments are classified and accounted for according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Defined contribution plans
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.
4. PARTICULARS OF EMPLOYEES
The average number of persons employed by the company during the year amounted to 19 (2024: 16 ).
5. INTANGIBLE ASSETS

| Goodwill
| £
Cost |
At 1 December 2024 and 30 November 2025 | 85,000
| --------
Amortisation |
At 1 December 2024 and 30 November 2025 | 85,000
| --------
Carrying amount |
At 30 November 2025 | –
| --------
At 30 November 2024 | –
| --------

6. TANGIBLE ASSETS

| Nursery equipment | Furniture and fixtures | Motor vehicles | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 December 2024 | 1,566 | 7,963 | 9,595 | 19,124
Additions | – | 1,149 | – | 1,149
| ------- | ------- | ------- | --------
At 30 November 2025 | 1,566 | 9,112 | 9,595 | 20,273
| ------- | ------- | ------- | --------
Depreciation |  |  |  |
At 1 December 2024 | 1,416 | 7,164 | 4,198 | 12,778
Charge for the year | 150 | 561 | 1,349 | 2,060
| ------- | ------- | ------- | --------
At 30 November 2025 | 1,566 | 7,725 | 5,547 | 14,838
| ------- | ------- | ------- | --------
Carrying amount |  |  |  |
At 30 November 2025 | – | 1,387 | 4,048 | 5,435
| ------- | ------- | ------- | --------
At 30 November 2024 | 150 | 799 | 5,397 | 6,346
| ------- | ------- | ------- | --------

7. DEBTORS

| 2025 | 2024
| £ | £
Other debtors | 159,507 | 152,061
| --------- | ---------

Included within other debtors is an amount of £31,446 (2024: £31,446) in s455 tax recoverable.
8. CREDITORS: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 11,336 | 14,284
Trade creditors | 498 | 390
Corporation tax | 35,479 | 25,426
Social security and other taxes | 6,850 | 3,444
Other creditors | 4,520 | 1,108
| -------- | --------
| 58,683 | 44,652
| -------- | --------

Included within creditors falling due within one year are bank loans of £5,518 (2024: £5,106) which are secured by the company.
9. CREDITORS: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 31,202 | 42,801
| -------- | --------

Included within creditors: amounts falling due after more than one year is an amount of £Nil (2024: £6,523) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.
Included within creditors falling due after one year are bank loans of £7,108 (2024: £12,808) which are secured by the company.
10. CALLED UP SHARE CAPITAL
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 2 | 2 | 2 | 2
| ---- | ---- | ---- | ----

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES
At 1 December 2024 the director owed the company £87,809. During the year the company advanced a further £35,860 and the director made repayments of £39,030 such that at 30 November 2025 the director owed the company £84,639. Interest of £3,174 was paid to the company.
12. RELATED PARTY TRANSACTIONS
The director has given personal guarantees against unsecured bank borrowings and certain intercompany debts with other family controlled companies.