Company Registration No. 09649607 (England and Wales)
Manor Daycare Limited
Unaudited accounts
for the year ended 30 June 2022
Manor Daycare Limited
Unaudited accounts
Contents
Manor Daycare Limited
Company Information
for the year ended 30 June 2022
Company Number
09649607 (England and Wales)
Registered Office
49 Pelham Road
Gravesend
Kent
DA11 0JA
UK
Manor Daycare Limited
Statement of financial position
as at
30 June 2022
Tangible assets
400,141
365,321
Cash at bank and in hand
4,393
25,366
Creditors: amounts falling due within one year
(223,627)
(348,861)
Net current assets/(liabilities)
51,531
(127,836)
Total assets less current liabilities
451,672
237,485
Creditors: amounts falling due after more than one year
(340,607)
(276,258)
Provisions for liabilities
Deferred tax
(6,395)
(6,395)
Net assets/(liabilities)
104,670
(45,168)
Called up share capital
1
1
Profit and loss account
104,669
(45,169)
Shareholders' funds
104,670
(45,168)
For the year ending 30 June 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 March 2023 and were signed on its behalf by
Ms R Baker
Director
Company Registration No. 09649607
Manor Daycare Limited
Notes to the Accounts
for the year ended 30 June 2022
Manor Daycare Limited is a private company, limited by shares, registered in England and Wales, registration number 09649607. The registered office is 49 Pelham Road, Gravesend, Kent, DA11 0JA, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
15% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
15% on reducing balance
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 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.
Manor Daycare Limited
Notes to the Accounts
for the year ended 30 June 2022
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2021
245,520
107,576
42,200
9,036
404,332
Additions
50,900
-
-
2,225
53,125
At 30 June 2022
296,420
107,576
42,200
11,261
457,457
At 1 July 2021
-
16,136
19,574
3,301
39,011
Charge for the year
-
13,716
3,394
1,195
18,305
At 30 June 2022
-
29,852
22,968
4,496
57,316
At 30 June 2022
296,420
77,724
19,232
6,765
400,141
At 30 June 2021
245,520
91,440
22,626
5,735
365,321
Amounts falling due within one year
Other debtors
270,765
195,659
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
73,596
55,640
Obligations under finance leases and hire purchase contracts
13,280
13,280
Trade creditors
1,863
76,700
Taxes and social security
297
4,301
Other creditors
134,591
198,940
7
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
125,900
194,708
Obligations under finance leases and hire purchase contracts
68,270
81,550
Other creditors
146,437
-
8
Transactions with related parties
Included in Debtors is an amount of £270,242 (2021 - £195,659) owed from an associated company, Owl & Bear Daycare Ltd, a company under the common control of the Director, Ms R Baker. This loan is interest free and no repayment terms have been agreed.
Included in Creditors is an amount of £144,558 (2021 - £105,192) owed to an associated company, Daneholm Ltd, a company under the common control of the Director, Ms R Baker. This loan is interest free and no repayment terms have been agreed.
Manor Daycare Limited
Notes to the Accounts
for the year ended 30 June 2022
9
Average number of employees
During the year the average number of employees was 21 (2021: 49).