Stepping Stones Day Nursery (Bolton) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04895382 (England and Wales)

STEPPING STONES DAY NURSERY (BOLTON) LTD

Unaudited Financial Statements

for the Period 1 April 2023 to 30 September 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B Perkins

J Kirkman

SECRETARY:

J Kirkman

REGISTERED OFFICE:

3 The Studios

320 Chorley Old Road

Bolton

Lancashire

BL1 4JU

REGISTERED NUMBER:

04895382 (England and Wales)

ACCOUNTANTS:

SCCA Limited T/a Stafford & Co

Chartered Accountants

3 The Studios

320 Chorley Old Road

Bolton

Lancashire

BL1 4JU

FIXED ASSETS

Intangible assets

4

-

2,500

Tangible assets

5

268,385

270,482

268,385

272,982

CURRENT ASSETS

Cash at bank and in hand

257,922

15,186

CREDITORS

Amounts falling due within one year

6

45,834

47,905

NET CURRENT ASSETS/(LIABILITIES)

212,088

(32,719

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

480,473

240,263

CREDITORS

Amounts falling due after more than one
year

7

358,884

124,977

NET ASSETS

121,589

115,286

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

121,489

115,186

SHAREHOLDERS' FUNDS

121,589

115,286

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 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 21 November 2025 and were signed on its behalf by:

J Kirkman - Director

1.	STATUTORY INFORMATION

Stepping Stones Day Nursery (Bolton) Ltd 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% straight line

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 13 (2023 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2023

and 30 September 2024

50,000

AMORTISATION

At 1 April 2023

47,500

Charge for period

2,500

At 30 September 2024

50,000

NET BOOK VALUE

At 30 September 2024

-

At 31 March 2023

2,500

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2023

and 30 September 2024

267,068

39,334

306,402

DEPRECIATION

At 1 April 2023

-

35,920

Charge for period

-

2,097

At 30 September 2024

-

38,017

NET BOOK VALUE

At 30 September 2024

267,068

1,317

268,385

At 31 March 2023

267,068

3,414

270,482

Included in cost of land and buildings is freehold land of £ 267,068 (2023 - £ 267,068 ) which is not depreciated.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Bank loans and overdrafts (see note 8)

10,284

13,910

Trade creditors

-

356

Tax

16,113

17,180

Social security and other taxes

1,851

39

NEST Pension

710

750

Other creditors

-

950

Directors' current accounts

6,606

4,450

Accrued expenses

1,150

Deferred government grants

9,120

45,834

47,905

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2024

2023

£

Bank loans (see note 8)

7,244

24,657

Other creditors

265,000

-

Deferred government grants

86,640

100,320

358,884

124,977

8.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

Amounts falling due within one year or on demand:

Bank loans

10,284

13,910

Amounts falling due between one and two years:

Bank loans - 1-2 years

7,044

14,377

Amounts falling due between two and five years:

Bank loans - 2-5 years

200

10,280

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

Within one year

447

893

Between one and five years

-

447

1,340

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

Bank loans

17,528

38,567

Bank loans and other creditors are secured against the property and all assets by charges registered at Companies House dated 18th October 2010 and 18th November 2010.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the Directors, by virtue of their 100% shareholding in the company.