REGISTERED NUMBER: 04397633 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BRIGHT FUTURES DAY NURSERY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A S Fitton

J R Fitton

SECRETARY:

REGISTERED OFFICE:

Swallow Lane,

Carrbrook

Stalybridge

Cheshire

SK15 3NU

REGISTERED NUMBER:

04397633 (England and Wales)

ACCOUNTANTS:

Moss and Williamson Limited

Chartered Accountants

11 Stamford Street

Stalybridge

Cheshire

SK15 1JP

FIXED ASSETS

Tangible assets

5

321,870

312,399

CURRENT ASSETS

Debtors

6

124,016

115,675

Cash at bank and in hand

11,250

1,755

135,266

117,430

CREDITORS

Amounts falling due within one year

7

31,618

27,516

NET CURRENT ASSETS

103,648

89,914

TOTAL ASSETS LESS CURRENT LIABILITIES

425,518

402,313

PROVISIONS FOR LIABILITIES

(5,717

)

(2,870

)

ACCRUALS AND DEFERRED INCOME

(183,745

)

(183,745

)

NET ASSETS

236,056

215,698

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

236,054

215,696

SHAREHOLDERS' FUNDS

236,056

215,698

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2025 and were signed on its behalf by:

Mrs A S Fitton - Director

1.	STATUTORY INFORMATION

Bright Futures Day Nursery Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long Leasehold Property

-

the life of the 75 year lease

Plant and Machinery

-

15% on reducing balance

Fixtures, Fittings & Equipment

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 18 ) .

5.	TANGIBLE FIXED ASSETS

Long

Fixtures,

Leasehold

Plant and

Fittings

Property

Machinery

& Equipment

Totals

£

£

£

£

COST

At 1 April 2024

395,355

57,745

95,354

548,454

Additions

-

-

20,247

20,247

At 31 March 2025

395,355

57,745

115,601

568,701

DEPRECIATION

At 1 April 2024

99,490

51,200

85,365

236,055

Charge for year

5,258

983

4,535

10,776

At 31 March 2025

104,748

52,183

89,900

246,831

NET BOOK VALUE

At 31 March 2025

290,607

5,562

25,701

321,870

At 31 March 2024

295,865

6,545

9,989

312,399

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by group undertakings

115,720

106,530

Other debtors

8,296

9,145

124,016

115,675

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

14,274

8,976

Trade creditors

-

1,085

Taxation and social security

9,027

4,683

Other creditors

8,317

12,772

31,618

27,516

8.	RELATED PARTY DISCLOSURES

During the accounting period, the company paid management charges, totalling £19,200, to its parent company Mainprior Limited.

9.	ULTIMATE CONTROLLING PARTY

Control of the company is exercised jointly by Mrs A S Fitton (Director) and Mr J R Fitton, who are the directors and shareholders in Mainprior Limited, the parent company.