| First Steps Day Nursery Limited |
| Registered number: |
03759123 |
| Balance Sheet |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
36,736 |
|
|
7,875 |
|
| Current assets |
| Stocks |
|
|
11,500 |
|
|
10,000 |
| Debtors |
4 |
|
335,666 |
|
|
271,519 |
| Cash at bank and in hand |
|
|
1,795 |
|
|
20,477 |
|
|
|
348,961 |
|
|
301,996 |
|
| Creditors: amounts falling due within one year |
5 |
|
(121,961) |
|
|
(95,995) |
|
| Net current assets |
|
|
|
227,000 |
|
|
206,001 |
|
| Total assets less current liabilities |
|
|
|
263,736 |
|
|
213,876 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(97,029) |
|
|
(83,630) |
|
|
|
| Net assets |
|
|
|
166,707 |
|
|
130,246 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
166,705 |
|
|
130,244 |
|
| Shareholder's funds |
|
|
|
166,707 |
|
|
130,246 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| J Reynard |
| Director |
| Approved by the board on 11 September 2026 |
|
| First Steps Day Nursery Limited |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
The company's balance sheet is solvent on the basis that the amounts withdrawn by a director will all be repaid to the company. The directors are confident that this will be the case and the accounts have therefore been prepared on the assumption that the company is a going concern. |
|
|
Turnover |
|
Turnover represents the sales value of services provided in accordance with the company's principal activity as a day nursery for pre-schol children. Value added tax is not charged upon these services. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulated depreciation. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows: |
|
|
Motor vehicles |
25% reducing balance |
|
Property improvements |
over 5 years |
|
Plant and machinery |
33% reducing balance |
|
|
Stocks |
|
Stock is a transitory asset, constantly renewed, and is valued at cost. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax, in respect of timing differences between the recognition of income and expenses in the accounts and their inclusion in tax assessments, has not been recognised as the potential amount is considered insignificant. |
|
|
Assets held under finance lease and hire purchase contracts |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets. The implicit finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. Assets financed by way of hire purchase contracts are treated in an identical manner. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
18 |
|
21 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 January 2025 |
6,300 |
|
12,284 |
|
20,489 |
|
39,073 |
|
Additions |
- |
|
- |
|
37,599 |
|
37,599 |
|
Disposals |
- |
|
- |
|
(14,320) |
|
(14,320) |
|
At 31 December 2025 |
6,300 |
|
12,284 |
|
43,768 |
|
62,352 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2025 |
6,300 |
|
8,441 |
|
16,457 |
|
31,198 |
|
Charge for the year |
- |
|
1,268 |
|
4,279 |
|
5,547 |
|
On disposals |
- |
|
- |
|
(11,129) |
|
(11,129) |
|
At 31 December 2025 |
6,300 |
|
9,709 |
|
9,607 |
|
25,616 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
- |
|
2,575 |
|
34,161 |
|
36,736 |
|
At 31 December 2024 |
- |
|
3,843 |
|
4,032 |
|
7,875 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
1,426 |
|
9,368 |
|
Other debtors |
334,240 |
|
262,151 |
|
|
|
|
|
|
335,666 |
|
271,519 |
|
|
|
|
|
|
|
|
|
|
Amounts due after more than one year included above |
71,642 |
|
66,069 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
20,245 |
|
20,371 |
|
Obligations under finance lease and hire purchase contracts |
3,560 |
|
- |
|
Taxation and social security costs |
75,326 |
|
54,947 |
|
Other creditors |
22,830 |
|
20,677 |
|
|
|
|
|
|
121,961 |
|
95,995 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
70,494 |
|
83,630 |
|
Obligations under finance lease and hire purchase contracts |
26,535 |
|
- |
|
|
|
|
|
|
97,029 |
|
83,630 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
Instalments falling due for payment after more than five years |
- |
|
21,005 |
|
|
|
|
|
|
|
|
|
|
|
Secured creditors |
30,095 |
|
- |
|
|
|
|
|
|
|
|
|
|
Hire purchase obligations are secured upon the asset financed. |
|
|
| 8 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
J Reynard |
|
General loan without terms |
196,082 |
|
66,515 |
|
- |
|
262,597 |
|
|
|
196,082 |
|
66,515 |
|
- |
|
262,597 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
First Steps Day Nursery Limited is a private company limited by shares and incorporated in England and Wales. It is wholly owned, and therefore controlled, by Mrs J Reynard. The company's registered office is situated at The Croft, Alltami Road, Buckley, Flintshire, CH7 3PG. |