Tigers Too Day Nursery Limited - Accounts to registrar (filleted) - small 18.1
Tigers Too Day Nursery Limited - Accounts to registrar (filleted) - small 18.1
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2017 |
| FOR |
| TIGERS TOO DAY NURSERY LIMITED |
| TIGERS TOO DAY NURSERY LIMITED (REGISTERED NUMBER: 04713393) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 30 September 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| TIGERS TOO DAY NURSERY LIMITED |
| COMPANY INFORMATION |
| for the year ended 30 September 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| BUSINESS ADDRESS: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Griffins Court |
| 24-32 London Road |
| NEWBURY |
| Berkshire |
| RG14 1JX |
| TIGERS TOO DAY NURSERY LIMITED (REGISTERED NUMBER: 04713393) |
| BALANCE SHEET |
| 30 September 2017 |
| 30/9/17 | 30/9/16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| TIGERS TOO DAY NURSERY LIMITED (REGISTERED NUMBER: 04713393) |
| BALANCE SHEET - continued |
| 30 September 2017 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| TIGERS TOO DAY NURSERY LIMITED (REGISTERED NUMBER: 04713393) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 30 September 2017 |
| 1. | STATUTORY INFORMATION |
| Tigers Too Day Nursery Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements are prepared 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. |
| Significant judgements and estimates |
| The preparation of the financial statements requires management to make judgements, estimates and assumptions that |
| affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues |
| and expenses during the period. However, the nature of estimation means that actual outcomes could differ from those |
| estimates. The following judgements (apart from those involving estimates) have had the most significant effect on amounts |
| recognised in the financial statements. |
| Revenue recognition |
| The key judgements made by management in respect of revenue is the point at which that revenue should be recognised. |
| Management consider the underlying contract terms and conclude upon the most appropriate point of the cycle at which |
| to recognise revenue based upon the these terms and in particular where the risks and rewards of ownership transfer. |
| Tangible fixed assets |
| Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The |
| actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. Residual |
| value assessment consider issues such as the remaining life of the asset and the projected disposal value. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. |
| Turnover relates to the sales within the UK market. The policies adopted for the recognition of turnover are as follows: |
| Rendering of services |
| When the outcome of a transaction can be estimated reliably, turnover from the rendering of services is recognised as the |
| service is performed. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Freehold property is not depreciated on the grounds that the estimated residual value is sufficiently large to make any |
| depreciation charge immaterial. |
| TIGERS TOO DAY NURSERY LIMITED (REGISTERED NUMBER: 04713393) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 September 2017 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme |
| are charged to profit or loss in the period to which they relate. |
| Debtors and creditors receivable/payable within one year |
| Debtors and creditors receivable/payable within one year |
| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction |
| price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. |
| Provisions |
| Provisions are recognised when the company has a legal or constructive obligation at the report date as a result of a past |
| event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be |
| reliably estimated. |
| Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date. |
| Impairments |
| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet |
| date. If such indication exists, the recoverable amount of the asset, or asset's cash generating unit, is estimated and |
| compared to its carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is |
| recognised in the profit and loss, unless it's carried at a revalued amount, where the impairment loss is a revaluation |
| decrease. |
| Short-term employees benefits |
| Short-term employees' benefits are recognised as an expense in the period in which they are incurred. |
| Loans and borrowings |
| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are |
| measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a |
| finance transaction it is measured at present value. |
| TIGERS TOO DAY NURSERY LIMITED (REGISTERED NUMBER: 04713393) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 September 2017 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 October 2016 |
| and 30 September 2017 |
| DEPRECIATION |
| At 1 October 2016 |
| Charge for year |
| At 30 September 2017 |
| NET BOOK VALUE |
| At 30 September 2017 |
| At 30 September 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/9/17 | 30/9/16 |
| £ | £ |
| Trade debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/9/17 | 30/9/16 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30/9/17 | 30/9/16 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 113,094 | 126,929 |
| TIGERS TOO DAY NURSERY LIMITED (REGISTERED NUMBER: 04713393) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 September 2017 |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30/9/17 | 30/9/16 |
| £ | £ |
| Bank loans |
| The debts are secured against the property. |
| 9. | RELATED PARTY DISCLOSURES |
| 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. |
| 10. | FIRST YEAR ADOPTION |
| This is the first year that the Company had presented its financial statements under Financial Reporting Standards 102 |
| Section 1A (FRS 102) issued by Financial Reporting Council. The last financial statements prepared under the previous UK |
| GAAP were for the year ended 30 September 2016 and the date of transition is therefore 1 November 2015. As a |
| consequence of adopting FRS 102 the directors are of the opinion that no changes need to be made upon transition to this |
| accounting standard as the effect of any changes are not material. |