Bourton-On-The-Water Day Nursery Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09939184 (England and Wales)

Bourton-On-The-Water Day Nursery Ltd

Financial Statements

for the Period 6th January 2016 to 31st December 2016

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

Mrs H Ayers

Mrs C Coe

REGISTERED OFFICE:

1 Willow Court

Bourton Industrial Park

Bourton-On-The-Water

Cheltenham

Gloucestershire

GL54 2HQ

REGISTERED NUMBER:

09939184 (England and Wales)

FIXED ASSETS

Tangible assets

4

24,043

CURRENT ASSETS

Stocks

250

Debtors

5

1,922

2,172

CREDITORS

Amounts falling due within one year

6

10,397

NET CURRENT LIABILITIES

(8,225

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,818

CREDITORS

Amounts falling due after more than one year

7

46,899

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(31,181

)

SHAREHOLDERS' FUNDS

(31,081

)

15,818

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 13th November 2017 and were signed on its behalf by:

Mrs H Ayers - Director

Mrs C Coe - Director

1.	STATUTORY INFORMATION

Bourton-On-The-Water Day Nursery Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents fees and grants receivable during the period.

Tangible fixed assets

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

Improvements to property

-

over 15 years on cost

Equipment, fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete

and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss

Account, 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period

of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4.	TANGIBLE FIXED ASSETS

Equipment,

Improvements

fixtures

to

and

property

fittings

Totals

£

£

£

COST

Additions

21,677

3,699

25,376

At 31st December 2016

21,677

3,699

25,376

DEPRECIATION

Charge for period

963

370

1,333

At 31st December 2016

963

370

1,333

NET BOOK VALUE

At 31st December 2016

20,714

3,329

24,043

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

1,805

Other debtors

117

1,922

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

490

Trade creditors

69

Taxation and social security

1,169

Other creditors

8,669

10,397

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

46,899