Ribbons Preschool Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12037626 (England and Wales)

RIBBONS PRESCHOOL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

Page

Balance Sheet

1

FIXED ASSETS

55,351

67,834

CURRENT ASSETS

92,362

65,166

CREDITORS

Amounts falling due within one year

(129,737

)

(86,553

)

NET CURRENT LIABILITIES

(37,375

)

(21,387

)

TOTAL ASSETS LESS CURRENT LIABILITIES

17,976

46,447

CREDITORS

Amounts falling due after more than one year

-

25,500

NET ASSETS

17,976

20,947

CAPITAL AND RESERVES

17,976

20,947

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Ribbons Preschool Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12037626

Registered office:

75 Cardiff Road

Dinas Powys

SOUTH GLAMORGAN

CF64 4JT

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 15 (2021 - 8 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 30 June 2022 an amount included within creditors of £95,758 (2021 : creditor £69,246)) was owed to Miss J Watkins-Freeman.

As at 30 June 2022 an amount included within creditors of £63 (2021 : creditor £63) was owed to Miss K Watkins-Freeman.

The balances are interest free and repayable on demand.

4.	OPERATING LEASE COMMITMENTS

At the reporting date the company had outstanding commitments for the future minimum lease payments under non-cancellable operating leases of £25,000 falling due within 12 months.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2022 and were signed on its behalf by:

Mrs K Watkins-Freeman - Director