Company Registration No. 06222690 (England and Wales)
Sunbeams Day Care Limited
Unaudited accounts
for the year ended 31 May 2019
Sunbeams Day Care Limited
Unaudited accounts
Contents
Sunbeams Day Care Limited
Company Information
for the year ended 31 May 2019
Company Number
06222690 (England and Wales)
Registered Office
Chapelcombe House
Tarrant Keyneston
Blandford Forum
Dorset
DT11 9JH
Accountants
M. Whittingham Limited
537 Wimborne Road
Bournemouth
Dorset
BH9 2AP
Sunbeams Day Care Limited
Statement of financial position
as at 31 May 2019
Tangible assets
72,016
70,604
Cash at bank and in hand
90,192
105,763
Creditors: amounts falling due within one year
(92,955)
(106,924)
Net current assets
27,276
34,798
Total assets less current liabilities
99,292
105,402
Creditors: amounts falling due after more than one year
(27,833)
(15,995)
Called up share capital
1
1
Profit and loss account
71,458
89,406
Shareholders' funds
71,459
89,407
For the year ending 31 May 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 25 February 2020.
Mrs K M Lester
Director
Company Registration No. 06222690
Sunbeams Day Care Limited
Notes to the Accounts
for the year ended 31 May 2019
Sunbeams Day Care Limited is a private company, limited by shares, registered in England and Wales, registration number 06222690. The registered office is Chapelcombe House, Tarrant Keyneston, Blandford Forum, Dorset, DT11 9JH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
15% reducing balance
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
25% reducing balance
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Sunbeams Day Care Limited
Notes to the Accounts
for the year ended 31 May 2019
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 June 2018
54,260
14,929
56,503
13,130
11,428
150,250
Additions
910
-
38,394
1,561
1,941
42,806
Disposals
-
(90)
(38,168)
-
-
(38,258)
At 31 May 2019
55,170
14,839
56,729
14,691
13,369
154,798
At 1 June 2018
32,288
11,396
22,704
6,932
6,326
79,646
Charge for the year
3,432
883
12,681
1,163
1,761
19,920
On disposals
-
(86)
(16,698)
-
-
(16,784)
At 31 May 2019
35,720
12,193
18,687
8,095
8,087
82,782
At 31 May 2019
19,450
2,646
38,042
6,596
5,282
72,016
At 31 May 2018
21,972
3,533
33,799
6,198
5,102
70,604
Trade debtors
20,219
29,007
Accrued income and prepayments
6,964
6,690
Sunbeams Day Care Limited
Notes to the Accounts
for the year ended 31 May 2019
7
Creditors: amounts falling due within one year
2019
2018
Obligations under finance leases and hire purchase contracts
5,449
5,171
Trade creditors
4,727
10,863
Taxes and social security
8,761
10,056
Other creditors
1,236
1,134
Deferred income
70,881
77,048
8
Creditors: amounts falling due after more than one year
2019
2018
Obligations under finance leases and hire purchase contracts
27,833
15,995
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
The director Mrs K M Lester holds the entire issued share capital and is deemed the ultimate controlling party.
11
Average number of employees
During the year the average number of employees was 26 (2018: 27).
