Abbreviated Company Accounts - LITTLE BEAR'S DAYCARE GROUP LIMITED

Abbreviated Company Accounts - LITTLE BEAR'S DAYCARE GROUP LIMITED

LITTLE BEAR'S DAYCARE GROUP LIMITED - Company Information

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Registered Number 08025712

LITTLE BEAR'S DAYCARE GROUP LIMITED

Abbreviated Accounts

30 June 2015

LITTLE BEAR'S DAYCARE GROUP LIMITED Registered Number 08025712

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,003,227 1,002,583
Investments 3 91 90
1,003,318 1,002,673
Current assets
Debtors 371,040 317,991
Cash at bank and in hand 988 49,670
372,028 367,661
Creditors: amounts falling due within one year 4 (740,869) (720,047)
Net current assets (liabilities) (368,841) (352,386)
Total assets less current liabilities 634,477 650,287
Creditors: amounts falling due after more than one year 4 (542,086) (583,560)
Accruals and deferred income (6,100) (1,600)
Total net assets (liabilities) 86,291 65,127
Capital and reserves
Called up share capital 5 100 100
Profit and loss account 86,191 65,027
Shareholders' funds 86,291 65,127
  • For the year ending 30 June 2015 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 March 2016

And signed on their behalf by:
J L O'Neill, Director

LITTLE BEAR'S DAYCARE GROUP LIMITED Registered Number 08025712

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for services supplied during the period, exclusive of Value Added Tax.

Tangible assets depreciation policy
Fixed assets comprise property and computer equipment. Property is shown at cost.
Computer equipment is shown at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and Machinery etc - 25% on straight line basis

2Tangible fixed assets
£
Cost
At 1 July 2014 1,002,583
Additions 859
Disposals -
Revaluations -
Transfers -
At 30 June 2015 1,003,442
Depreciation
At 1 July 2014 -
Charge for the year 215
On disposals -
At 30 June 2015 215
Net book values
At 30 June 2015 1,003,227
At 30 June 2014 1,002,583

3Fixed assets Investments
Shares in group undertakings:

Cost
At 1 July 2014 £90
Additions £1
At 30 June 2015 £91

Net book value
At 30 June 2015 £91
At 30 June 2014 £90

The company’s investments at the balance sheet date in the share capital of companies include the following:

Little Bear’s Nursery School Limited
Nature of business: Children’s Nursery
Class of shares: Ordinary shares
% holding: 100%
Aggregate capital and reserves: £344,512 (2014: £344,014)
Profit for the period: £498 (2014: £38,956)

Little Bear’s 3 Limited
Nature of business: Children’s Nursery
Class of shares: Ordinary shares
% holding: 100%
Aggregate capital and reserves: £40,118 (2014: £60,670)
Profit/(loss) for the period: £100,788 (2014: (£59,767))


Little Bear’s Club Limited
Nature of business: Children’s Nursery
Class of shares: Ordinary shares
% holding: 100%
Aggregate capital and reserves: (£88,099) (2014: (£93,374))
Profit/(loss) for the period: £5,275 (2014: (£50,448))

Kingsley Equestrian Limited
Nature of business: Equine products
Class of shares: Ordinary shares
% holding: 51%

Kingsley Equestrian Limited was incorporated on 10 March 2015. There are no results to report at the date of signing these financial statements.

4Creditors
2015
£		 2014
£
Secured Debts 583,559 625,033
Instalment debts due after 5 years 376,194 417,668
5Called Up Share Capital
Allotted, called up and fully paid:
2015
£		 2014
£
100 Ordinary shares of £1 each 100 100

6Transactions with directors

Name of director receiving advance or credit: J L O'Neill
Description of the transaction: Loan owed by the company to Mr and Mrs O'Neill
Balance at 1 July 2014: £ 395,073
Advances or credits made: £ 1,528
Advances or credits repaid: -
Balance at 30 June 2015: £ 396,601