First Steps Day Nursery Limited
|
Registered number: |
03759123
|
Balance Sheet |
as at 31 December 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
1,675 |
|
|
2,501 |
|
Current assets |
Stocks |
|
|
16,000 |
|
|
12,000 |
Debtors |
4 |
|
10,569 |
|
|
13,862 |
|
|
|
26,569 |
|
|
25,862 |
|
Creditors: amounts falling due within one year |
5 |
|
(41,740) |
|
|
(45,134) |
|
Net current liabilities |
|
|
|
(15,171) |
|
|
(19,272) |
|
Total assets less current liabilities |
|
|
|
(13,496) |
|
|
(16,771) |
|
Creditors: amounts falling due after more than one year |
6 |
|
|
- |
|
|
(4,164) |
|
|
|
Net liabilities |
|
|
|
(13,496) |
|
|
(20,935) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
(13,498) |
|
|
(20,937) |
|
Shareholder's funds |
|
|
|
(13,496) |
|
|
(20,935) |
|
|
|
|
|
|
|
|
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 30 August 2017
|
|
First Steps Day Nursery Limited
|
Notes to the Accounts |
for the year ended 31 December 2016
|
|
|
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).
|
|
|
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:
|
|
|
Property improvements |
already fully depreciated |
|
Fixtures, fittings, tools and equipment |
33% reducing balance |
|
|
Stocks |
|
Stock for the business is a transitory asset, constantly renewed, and is valued at cost.
|
|
|
Debtors and creditors |
|
Short term debtors and creditors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
|
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods and also including employment taxes and social security contributions due at the balance sheet date, but a deferred tax liability has not been recognised as the potential amount is considered insignificant.
|
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate.
|
|
|
2 |
Employees |
2016 |
|
2015 |
Number |
Number |
|
|
Average number of persons employed by the company |
18 |
|
18 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 January 2016 |
18,600 |
|
8,033 |
|
26,633 |
|
Disposals |
(18,600) |
|
- |
|
(18,600) |
|
At 31 December 2016 |
- |
|
8,033 |
|
8,033 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2016 |
18,600 |
|
5,532 |
|
24,132 |
|
Charge for the year |
- |
|
826 |
|
826 |
|
On disposals |
(18,600) |
|
- |
|
(18,600) |
|
At 31 December 2016 |
- |
|
6,358 |
|
6,358 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2016 |
- |
|
1,675 |
|
1,675 |
|
At 31 December 2015 |
- |
|
2,501 |
|
2,501 |
|
|
4 |
Debtors |
2016 |
|
2015 |
£ |
£ |
|
|
Trade debtors |
9,598 |
|
11,804 |
|
Other debtors |
971 |
|
2,058 |
|
|
|
|
|
|
10,569 |
|
13,862 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2016 |
|
2015 |
£ |
£ |
|
|
Bank loans and overdrafts |
6,246 |
|
9,989 |
|
Taxes and social security |
2,888 |
|
4,718 |
|
Other creditors |
32,606 |
|
30,427 |
|
|
|
|
|
|
41,740 |
|
45,134 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due after one year |
2016 |
|
2015 |
£ |
£ |
|
|
Bank loans |
- |
|
4,164 |
|
|
|
|
|
|
|
|
|
|
7 |
Other information |
|
|
First Steps Day Nursery Limited is a private company limited by shares and incorporated in England. Its registered office is The Croft, Alltami Road, Buckley, Flintshire. |