Adventure Childcare Limited - Accounts

Adventure Childcare Limited - Accounts

ADVENTURE CHILDCARE LIMITED - Company Information

Print Friendly Version

2019-09-01 2020-08-31 false Capium Accounts Production 1.1 08003919 bus:FullAccounts 2019-09-01 2020-08-31 08003919 bus:FRS102 2019-09-01 2020-08-31 08003919 bus:AuditExemptWithAccountantsReport 2019-09-01 2020-08-31 08003919 bus:SmallCompaniesRegimeForAccounts 2019-09-01 2020-08-31 08003919 bus:PrivateLimitedCompanyLtd 2019-09-01 2020-08-31 08003919 2019-09-01 2020-08-31 08003919 2020-08-31 08003919 bus:RegisteredOffice 2019-09-01 2020-08-31 08003919 core:WithinOneYear 2020-08-31 08003919 core:AfterOneYear 2020-08-31 08003919 bus:Director1 2019-09-01 2020-08-31 08003919 bus:Director1 2020-08-31 08003919 bus:Director1 2018-09-01 2019-08-31 08003919 bus:Director2 2019-09-01 2020-08-31 08003919 bus:Director2 2020-08-31 08003919 bus:Director2 2018-09-01 2019-08-31 08003919 2018-09-01 08003919 bus:CompanySecretary1 2019-09-01 2020-08-31 08003919 bus:LeadAgentIfApplicable 2019-09-01 2020-08-31 08003919 2018-09-01 2019-08-31 08003919 2019-08-31 08003919 core:WithinOneYear 2019-08-31 08003919 core:AfterOneYear 2019-08-31 08003919 bus:EntityAccountantsOrAuditors 2018-09-01 2019-08-31 08003919 bus:OrdinaryShareClass1 2019-09-01 2020-08-31 08003919 bus:OrdinaryShareClass1 2020-08-31 08003919 bus:OrdinaryShareClass1 2018-09-01 2019-08-31 08003919 bus:OrdinaryShareClass1 2019-08-31 08003919 core:LandBuildings 2019-09-01 2020-08-31 08003919 core:LandBuildings 2020-08-31 08003919 core:LandBuildings 2019-08-31 08003919 core:FurnitureFittings 2019-09-01 2020-08-31 08003919 core:FurnitureFittings 2020-08-31 08003919 core:FurnitureFittings 2019-08-31 08003919 core:ComputerEquipment 2019-09-01 2020-08-31 08003919 core:ComputerEquipment 2020-08-31 08003919 core:ComputerEquipment 2019-08-31 08003919 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2020-08-31 08003919 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2019-08-31 08003919 core:CostValuation core:Non-currentFinancialInstruments 2020-08-31 08003919 core:CostValuation core:Non-currentFinancialInstruments 2019-08-31 08003919 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2020-08-31 08003919 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2020-08-31 08003919 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2020-08-31 08003919 core:Non-currentFinancialInstruments 2020-08-31 08003919 core:Non-currentFinancialInstruments 2019-08-31 08003919 core:ShareCapital 2020-08-31 08003919 core:ShareCapital 2019-08-31 08003919 core:RetainedEarningsAccumulatedLosses 2020-08-31 08003919 core:RetainedEarningsAccumulatedLosses 2019-08-31 08003919 dpl:Item1 2019-09-01 08003919 dpl:Item1 2020-08-31 08003919 dpl:Item1 2018-09-01 08003919 dpl:Item1 2019-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08003919
England and Wales

 

 

 

ADVENTURE CHILDCARE LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 September 2019

End date: 31 August 2020

Adventure Childcare Limited
Contents Page
For the year ended 31 August 2020
Directors Mr Dominic Haydn-Davies
Mrs Fiona Haydn-Davies
Registered Number 08003919
Registered Office Shepherd's Rest
1 New Cottages
West Chisenbury
Wiltshire
SN9 6BB
Accountants River View Tax & Accountancy Ltd
5 Beresford Gate
South Way
Andover
Hampshire
SP10 5BN
1
In order to assist you fulfil your duties under the Companies Act 2006, and in accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

This report is made solely to the Board of Directors of Adventure Childcare Limited, as a body, in accordance with the terms of our letter of engagement. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Adventure Childcare Limited and its Board of Directors as a body, for our work or for this report.

You consider that the company is exempt from an audit for the year ended 31 August 2020 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

We have not carried out an audit or any other review of the accounts, and consequently we have not verified the accurancy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore express any opinion on these accounts.

Gemma Merritt CTA



....................................................
River View Tax & Accountancy Ltd
5 Beresford Gate
South Way
Andover
Hampshire
SP10 5BN
17 April 2021
2
 
 		 Notes
 		 2020
£		   2019
£
Fixed assets      
Tangible fixed assets 2 7,872    84,532 
7,872    84,532 
Current assets      
Debtors 3 2,565    1,857 
Cash at bank and in hand 59,069    18,918 
61,634    20,775 
Creditors: amount falling due within one year 4 (26,533)   (30,552)
Net current assets 35,101    (9,777)
 
Total assets less current liabilities 42,973    74,755 
Creditors: amount falling due after more than one year 5 0    (25,611)
Provisions for liabilities 6 (1,182)   (1,221)
Net assets 41,791    47,923 
 

Capital and reserves 		     
Called up share capital 7 2    2 
Profit and loss account 41,789    47,921 
Shareholders funds 41,791    47,923 
 


For the year ended 31 August 2020 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
  2. 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
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 17 April 2021 and were signed on its behalf by:


--------------------------------
Mr Dominic Haydn-Davies
Director		--------------------------------
Mrs Fiona Haydn-Davies
Director
3
General Information
Adventure Childcare Limited is a private company, limited by shares , registered in England and Wales , registration number 08003919 , registration address Shepherd's Rest, 1 New Cottages, West Chisenbury, Wiltshire, SN9 6BB.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Leasehold Improvements 20% Straight Line
Fixtures and Fittings 33% Reducing Balance
Computer Equipment 33% Reducing Balance
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Tangible fixed assets

Cost or valuation Leasehold Improvements   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 01 September 2019 80,929    33,907    6,400    121,236 
Additions 1,651    2,465    -    4,116 
Disposals (78,863)   -    -    (78,863)
At 31 August 2020 3,717    36,372    6,400    46,489 
Depreciation
At 01 September 2019 826    28,171    5,707    34,704 
Charge for year 496    2,919    498    3,913 
On disposals -    -    -    - 
At 31 August 2020 1,322    31,090    6,205    38,617 
Net book values
Closing balance as at 31 August 2020 2,395    5,282    195    7,872 
Opening balance as at 01 September 2019 78,103    5,736    693    84,532 


3.

Debtors: amounts falling due within one year

2020
£		   2019
£
Other Debtors 2,565    1,857 
2,565    1,857 

4.

Creditors: amount falling due within one year

2020
£		   2019
£
Trade Creditors 614    692 
Bank Loans & Overdrafts 0    2,316 
Taxation and Social Security 10,025    12,095 
Other Creditors 15,894    15,449 
26,533    30,552 

5.

Creditors: amount falling due after more than one year

2020
£		   2019
£
Bank Loans & Overdrafts 0    25,611 
0    25,611 

6.

Provisions for liabilities

2020
£		   2019
£
Deferred Tax 1,221    1,119 
Charged to Profit & Loss (39)   102 
1,182    1,221 

7.

Share Capital

Allotted, called up and fully paid
2020
£		   2019
£
2 Class A shares of £1.00 each 2    2 
2    2 

8.

Average number of employees

Average number of employees during the year was 14 (2019 : 15)
4