Kids Play Childcare Limited - Accounts to registrar (filleted) - small 18.2

Kids Play Childcare Limited - Accounts to registrar (filleted) - small 18.2

KIDS PLAY CHILDCARE LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v22.1.0.628 10987956 Board of Directors 1.8.20 31.7.21 31.7.21 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure109879562020-07-31109879562021-07-31109879562020-08-012021-07-31109879562019-07-31109879562019-08-012020-07-31109879562020-07-3110987956ns16:EnglandWales2020-08-012021-07-3110987956ns15:PoundSterling2020-08-012021-07-3110987956ns11:Director12020-08-012021-07-3110987956ns11:PrivateLimitedCompanyLtd2020-08-012021-07-3110987956ns11:SmallEntities2020-08-012021-07-3110987956ns11:AuditExemptWithAccountantsReport2020-08-012021-07-3110987956ns11:SmallCompaniesRegimeForDirectorsReport2020-08-012021-07-3110987956ns11:SmallCompaniesRegimeForAccounts2020-08-012021-07-3110987956ns11:FullAccounts2020-08-012021-07-3110987956ns11:Director22020-08-012021-07-3110987956ns11:Director32020-08-012021-07-3110987956ns11:Director42020-08-012021-07-3110987956ns11:RegisteredOffice2020-08-012021-07-3110987956ns6:CurrentFinancialInstruments2021-07-3110987956ns6:CurrentFinancialInstruments2020-07-3110987956ns6:Non-currentFinancialInstruments2021-07-3110987956ns6:Non-currentFinancialInstruments2020-07-3110987956ns6:ShareCapital2021-07-3110987956ns6:ShareCapital2020-07-3110987956ns6:RetainedEarningsAccumulatedLosses2021-07-3110987956ns6:RetainedEarningsAccumulatedLosses2020-07-3110987956ns6:CostValuation2020-07-3110987956ns6:Subsidiary12020-08-012021-07-31109879561ns6:Subsidiary12020-08-012021-07-3110987956ns6:CurrentFinancialInstrumentsns6:WithinOneYear2021-07-3110987956ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-07-3110987956ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2021-07-3110987956ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2020-07-31
















KIDS PLAY CHILDCARE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST JULY 2021





KIDS PLAY CHILDCARE LIMITED (REGISTERED NUMBER: 10987956)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 6

KIDS PLAY CHILDCARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2021







DIRECTORS: J Dickson
Mrs S R Elliott
S C Lousada
P R Sharp





REGISTERED OFFICE: 1A Roebuck Way
Knowhill
Milton Keynes
Buckinghamshire
MK5 8HL





REGISTERED NUMBER: 10987956 (England and Wales)





ACCOUNTANTS: Haines Watts
First Floor, Woburn Court
2 Railton Road
Woburn Rd Ind Est
Kempston
Bedfordshire
MK42 7PN
Page 1
KIDS PLAY CHILDCARE LIMITED (REGISTERED NUMBER: 10987956)

BALANCE SHEET
31ST JULY 2021

31/7/21 31/7/20
Notes £    £    £    £   
FIXED ASSETS
Investments 4 550,000 550,000

CURRENT ASSETS
Debtors 5 1,000 101,000
Cash at bank 150,000 -
151,000 101,000
CREDITORS
Amounts falling due within one year 6 150,000 100,000
NET CURRENT ASSETS 1,000 1,000
TOTAL ASSETS LESS CURRENT
LIABILITIES
551,000
551,000

CREDITORS
Amounts falling due after more than one
year
7
400,000
450,000
NET ASSETS 151,000 101,000

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 150,000 100,000
SHAREHOLDERS' FUNDS 151,000 101,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2021 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 notes form part of these financial statements

Page 2 continued...
KIDS PLAY CHILDCARE LIMITED (REGISTERED NUMBER: 10987956)

BALANCE SHEET - continued
31ST JULY 2021


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th April 2022 and were signed on its behalf by:





P R Sharp - Director


The notes form part of these financial statements

Page 3
KIDS PLAY CHILDCARE LIMITED (REGISTERED NUMBER: 10987956)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2021

1. STATUTORY INFORMATION

Kids Play Childcare Limited 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Preparation of consolidated financial statements
The financial statements contain information about Kids Play Childcare Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
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
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2020 - 4 ) .

Page 4 continued...
KIDS PLAY CHILDCARE LIMITED (REGISTERED NUMBER: 10987956)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2021

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st August 2020
and 31st July 2021 550,000
NET BOOK VALUE
At 31st July 2021 550,000
At 31st July 2020 550,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Kids Play Limited
Registered office: 1A Roebuck Way, Knowlhill, Milton Keynes, Bucks, MK5 8HL
Nature of business: Provision of childcare
%
Class of shares: holding
Ordinary 100.00

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/21 31/7/20
£    £   
Amounts owed by group undertakings - 100,000
Other debtors 1,000 1,000
1,000 101,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/21 31/7/20
£    £   
Other loans 150,000 100,000

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/7/21 31/7/20
£    £   
Other loans 400,000 450,000

8. RELATED PARTY DISCLOSURES

As disclosed within other creditors is an interest free loan from Rollers (UK) Limited, a company in which two of the directors have interests.

At the balance sheet date £150,000 is considered repayable within one year and £400,000 after more than one year (2020 £100,000 and £450,000 respectively).

Page 5
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
KIDS PLAY CHILDCARE LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kids Play Childcare Limited for the year ended 31st July 2021 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Kids Play Childcare Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kids Play Childcare Limited and state those matters that we have agreed to state to the Board of Directors of Kids Play Childcare Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kids Play Childcare Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Kids Play Childcare Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kids Play Childcare Limited. You consider that Kids Play Childcare Limited 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 financial statements of Kids Play Childcare Limited. 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 financial statements.






Haines Watts
First Floor, Woburn Court
2 Railton Road
Woburn Rd Ind Est
Kempston
Bedfordshire
MK42 7PN


21st April 2022

This page does not form part of the statutory financial statements

Page 6