RAINBOW DAY NURSERY SCHOOL LTD

RAINBOW DAY NURSERY SCHOOL LTD

RAINBOW DAY NURSERY SCHOOL LTD - Company Information

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RAINBOW DAY NURSERY SCHOOL LTD

Company Registration Number:
06377432 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2019

Period of accounts

Start date: 01 January 2019

End date: 31 December 2019

RAINBOW DAY NURSERY SCHOOL LTD

Contents of the Financial Statements

for the Period Ended 31 December 2019

Balance sheet
Notes

RAINBOW DAY NURSERY SCHOOL LTD

Balance sheet

As at 31 December 2019


Notes
2019
2018


£
£
Fixed assets
Intangible assets: 3 90,000 120,000
Tangible assets: 4 30,556 17,250
Total fixed assets: 120,556 137,250
Current assets
Stocks: 410 400
Debtors:   42,892 43,025
Cash at bank and in hand: 851,606 742,512
Total current assets: 894,908 785,937
Creditors: amounts falling due within one year: 5 (152,222) (151,836)
Net current assets (liabilities): 742,686 634,101
Total assets less current liabilities: 863,242 771,351
Total net assets (liabilities): 863,242 771,351
Capital and reserves
Called up share capital: 1,004 1,004
Profit and loss account: 862,238 770,347
Shareholders funds: 863,242 771,351

The notes form part of these financial statements

RAINBOW DAY NURSERY SCHOOL LTD

Balance sheet statements

For the year ending 31 December 2019 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2020
and signed on behalf of the board by:

Name: Mrs G M Finch
Status: Director

The notes form part of these financial statements

RAINBOW DAY NURSERY SCHOOL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RAINBOW DAY NURSERY SCHOOL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

2. Employees

2019 2018
Average number of employees during the period 28 27

RAINBOW DAY NURSERY SCHOOL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

3. Intangible Assets

Total
Cost £
At 01 January 2019 450,000
At 31 December 2019 450,000
Amortisation
At 01 January 2019 330,000
Charge for year 30,000
At 31 December 2019 360,000
Net book value
At 31 December 2019 90,000
At 31 December 2018 120,000

RAINBOW DAY NURSERY SCHOOL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

4. Tangible Assets

Total
Cost £
At 01 January 2019 42,132
Additions 18,698
At 31 December 2019 60,830
Depreciation
At 01 January 2019 24,882
Charge for year 5,392
At 31 December 2019 30,274
Net book value
At 31 December 2019 30,556
At 31 December 2018 17,250

RAINBOW DAY NURSERY SCHOOL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

5. Creditors: amounts falling due within one year note

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinarycourse of business from suppliers. Accounts payable are classified as current liabilities if the companydoes not have an unconditional right, at the end of the reporting period, to defer settlement of thecreditor for at least twelve months after the reporting date. If there is an unconditional right to defersettlement for at least twelve months after the reporting date, they are presented as non-currentliabilities.Trade creditors are recognised initially at the transaction price and subsequently measured atamortised cost using the effective interest method.