Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
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Appleblossom Childcare Ltd
Contents
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 6 ) have been prepared.
Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Appleblossom Childcare Ltd
for the Year Ended 31 March 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Appleblossom Childcare Ltd for the year ended 31 March 2015 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com .
This report is made solely to the Board of Directors of Appleblossom Childcare Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Appleblossom Childcare Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Appleblossom Childcare Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Appleblossom Childcare Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Appleblossom Childcare Ltd. You consider that Appleblossom Childcare Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Appleblossom Childcare Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Heritage Accountancy Limited
Chartered Certified Accountants
76 Front Street
Prudhoe
Northumberland
NE42 5PU
11 November 2015
Appleblossom Childcare Ltd
(Registration number: 06878698)
Abbreviated Balance Sheet at 31 March 2015
Note |
31 March 2015
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31 March 2014
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
2
Appleblossom Childcare Ltd
(Registration number: 06878698)
Abbreviated Balance Sheet at 31 March 2015
......... continued
.........................................
C Balmer
Director
3
Appleblossom Childcare Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued
Accounting policies |
Basis of preparation
The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Motor Vehicles |
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Fixtures & Fittings |
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Office Equipment |
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Tenants improvements |
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Fixed asset investments
Deferred tax
Appleblossom Childcare Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued
Hire purchase and leasing
Financial instruments
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 April 2014 |
26,293 |
129,965 |
156,258 |
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Additions |
- |
110,168 |
110,168 |
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Disposals |
- |
(2,500) |
(2,500) |
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At 31 March 2015 |
26,293 |
237,633 |
263,926 |
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Depreciation |
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At 1 April 2014 |
5,570 |
35,367 |
40,937 |
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Charge for the year |
1,315 |
17,288 |
18,603 |
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Eliminated on disposals |
- |
(1,446) |
(1,446) |
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At 31 March 2015 |
6,885 |
51,209 |
58,094 |
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Net book value |
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At 31 March 2015 |
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At 31 March 2014 |
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Appleblossom Childcare Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued
Share capital |
Allotted, called up and fully paid shares
31 March 2015 |
31 March 2014 |
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No. |
£ |
No. |
£ |
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Related party transactions |
Directors' advances and credits |
Year ended 31 March 2015 |
Year ended 31 March 2015 |
1 May 2013 to 31 March 2014 |
1 May 2013 to 31 March 2014 |
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P Balmer |
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(2,370) |
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C Balmer |
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(2,370) |
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