Peekaboo Day Nursery Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05625705 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2018

for

Peekaboo Day Nursery Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs J E Fowler

SECRETARY:

Mrs J E Fowler

REGISTERED OFFICE:

314 Messingham Road

Scunthorpe

North Lincolnshire

DN17 2QY

REGISTERED NUMBER:

05625705 (England and Wales)

ACCOUNTANTS:

Discount Accountancy Services

7 Purbeck Road

Scunthorpe

North Lincolnshire

DN17 1TY

FIXED ASSETS

Tangible assets

4

2,969

3,383

CURRENT ASSETS

Debtors

5

5,493

10,136

Cash in hand

752

824

6,245

10,960

CREDITORS

Amounts falling due within one year

6

37,535

31,635

NET CURRENT LIABILITIES

(31,290

)

(20,675

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(28,321

)

(17,292

)

CREDITORS

Amounts falling due after more than one year

7

7,775

15,069

NET LIABILITIES

(36,096

)

(32,361

)

CAPITAL AND RESERVES

Called up share capital

7,566

7,566

Retained earnings

(43,662

)

(39,927

)

SHAREHOLDERS' FUNDS

(36,096

)

(32,361

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by Julie Fowler the director on 10 October 2019 and were signed by:

Mrs J E Fowler - Director

1.	STATUTORY INFORMATION

Peekaboo Day Nursery 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2017 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2017

and 31 August 2018

1,311

8,826

10,137

DEPRECIATION

At 1 September 2017

-

6,754

6,754

Charge for year

-

414

414

At 31 August 2018

-

7,168

7,168

NET BOOK VALUE

At 31 August 2018

1,311

1,658

2,969

At 31 August 2017

1,311

2,072

3,383

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

31.8.17

£

£

Trade debtors

3,258

4,428

Other debtors

2,235

5,708

5,493

10,136

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

31.8.17

£

£

Bank loans and overdrafts

20,016

25,577

Taxation and social security

13,658

4,750

Other creditors

3,861

1,308

37,535

31,635

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.18

31.8.17

£

£

Bank loans

7,775

16,119

Other creditors

-

(1,050

)

7,775

15,069

8.	RELATED PARTY DISCLOSURES