Early_Years_Educare_Ltd_31_Aug_2026_companies_house_set_of

Early Years Educare Ltd

Statement of Financial Position

31 August 2026

		2026		2025
	Note	£		£
Fixed assets
Tangible assets	5	64,169		64,727
Current assets
Debtors	6	78,831		77,432
Cash at bank and in hand		265,053		212,043
		343,884		289,475
Creditors: amounts falling due within one year	7	(252,992	)	(238,507	)
Net current assets		90,892		50,968
Total assets less current liabilities		155,061		115,695
Creditors: amounts falling due after more than one year	8	(32,313	)	(37,773	)
Provisions for liabilities		(2,510	)	(4,291	)
Net assets		120,238		73,631
Capital and reserves
Called up share capital		100		100
Profit and loss account		120,138		73,531
Shareholders funds		120,238		73,631

For the year ending

31 August 2026

, 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

16 October 2026

, and are signed on behalf of the board by:

Mrs M Cook

Director

Company registration number:

09595349

Early Years Educare Ltd

Notes to the Financial Statements

Year ended

31 August 2026

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

Humberston Church Of England Primary School

Church Lane

Humberston

North East Lincolnshire

DN36 4HZ

, United Kingdom.

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'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

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

Transition to FRS 102

The entity transitioned from previous UK GAAP to FRS 102 as at 1 September 2024. Details of how FRS 102 has affected the reported financial position and financial performance is given in the transition to FRS 102 note.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered.

Current tax

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.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

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:

Land and buildings	15% straight line
Fixtures, fittings and equipment	25% - 33% straight line

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.

Provisions for liabilities

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. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

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.

4 Average number of employees

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

(2025:

20.00

5 Tangible assets

	Land and buildings	Plant and machinery etc.	Total
	£	£	£
Cost
At 1 September 2025	77,747	26,714	104,461
Additions	11,009	8,369	19,378
At 31 August 2026	88,756	35,083	123,839
Depreciation
At 1 September 2025	19,236	20,498	39,734
Charge	13,142	6,794	19,936
At 31 August 2026	32,378	27,292	59,670
Carrying amount
At 31 August 2026	56,378	7,791	64,169
At 31 August 2025	58,511	6,216	64,727

6 Debtors

	2026		2025
	£		£
Other debtors	78,831		77,432

7 Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	6,900	12,694
Taxation and social security	50,995	26,762
Other creditors	195,097	199,051
	252,992	238,507

8 Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans and overdrafts	32,313		37,773

9 Director's advances, credit and guarantees

Included in debtors is a balance due from the director of £51,493 (2025 £51,979). Advances during the year amounted to £76,014 (2025 £8,029) and repayments during the year amounted to £76,500 (2025 £9,024). The loan is subject to interest at HMRC approved rates and is repayable on demand.

10 Transition to FRS 102

These are the first financial statements that comply with FRS 102 Section 1A. The company transitioned to FRS 102 on 1 September 2024.

This has affected the previously reported financial position as follows:

	At 1 September 2024		At 31 August 2025
	£		£
Reconciliation of equity
Capital and reserves (as previously stated)	926		77,922
Provision for liabilities	(1,585	)	(4,291	)
Capital and reserves (restated)	(659	)	73,631