First Steps Children's Nursery (Group) - Abbreviated accounts 16.1

First Steps Children's Nursery (Group) - Abbreviated accounts 16.1

FIRST STEPS CHILDREN'S NURSERY (GROUP) LTD - Company Information

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REGISTERED NUMBER: 07520405 (England and Wales)

















Abbreviated Unaudited Accounts

for the Year Ended 31 January 2016

for

First Steps Children's Nursery (Group)
Ltd

First Steps Children's Nursery (Group)
Ltd (Registered number: 07520405)






Contents of the Abbreviated Accounts
for the Year Ended 31 January 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

First Steps Children's Nursery (Group)
Ltd

Company Information
for the Year Ended 31 January 2016







DIRECTORS: Mr A M Gould
Mrs D R Gould





REGISTERED OFFICE: 2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Greater Manchester
M20 2DR





REGISTERED NUMBER: 07520405 (England and Wales)





ACCOUNTANTS: Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR
Page 1
First Steps Children's Nursery (Group)
Ltd (Registered number: 07520405)

Abbreviated Balance Sheet
31 January 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 25,000 -
Investments 3 390 390
Investment property 4 700,000 378,922
725,390 379,312

CURRENT ASSETS
Debtors 5 603,193 720,174
Cash at bank 78 1,893
603,271 722,067
CREDITORS
Amounts falling due within one year 6 113,500 124,284
NET CURRENT ASSETS 489,771 597,783
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,215,161
977,095

CREDITORS
Amounts falling due after more than one
year
6
811,244
867,529
NET ASSETS 403,917 109,566

CAPITAL AND RESERVES
Called up share capital 7 300 300
Profit and loss account 403,617 109,266
SHAREHOLDERS' FUNDS 403,917 109,566

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 abbreviated accounts

Page 2 continued...
First Steps Children's Nursery (Group)
Ltd (Registered number: 07520405)

Abbreviated Balance Sheet - continued
31 January 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 3 October 2016 and were signed on its behalf by:





Mr A M Gould - Director


The notes form part of these abbreviated accounts

Page 3
First Steps Children's Nursery (Group)
Ltd (Registered number: 07520405)

Notes to the Abbreviated Accounts
for the Year Ended 31 January 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the revaluation
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January
2015).

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
market value is transferred to a revaluation reserve.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2015 7,733
Additions 25,000
At 31 January 2016 32,733
DEPRECIATION
At 1 February 2015
and 31 January 2016 7,733
NET BOOK VALUE
At 31 January 2016 25,000
At 31 January 2015 -

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 February 2015
and 31 January 2016 390
NET BOOK VALUE
At 31 January 2016 390
At 31 January 2015 390

Page 4 continued...
First Steps Children's Nursery (Group)
Ltd (Registered number: 07520405)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 January 2016

4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 February 2015 378,922
Revaluations 321,078
At 31 January 2016 700,000
NET BOOK VALUE
At 31 January 2016 700,000
At 31 January 2015 378,922

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 603,193 (2015 - £ 720,174 )

6. CREDITORS

Creditors include an amount of £ 825,375 (2015 - £ 931,875 ) for which security has been given.

They also include the following debts falling due in more than five years:

2016 2015
£    £   
Repayable by instalments 292,875 399,375

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
300 Ordinary £1.00 300 300

Page 5