Lincolnshire Childcare (Boston) Limited - Period Ending 2015-11-30

Registration number: 05169480

Lincolnshire Childcare (Boston) Limited

Abbreviated Accounts

for the Year Ended 30 November 2015
 

Lincolnshire Childcare (Boston) Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Lincolnshire Childcare (Boston) Limited
(Registration number: 05169480)
Abbreviated Balance Sheet at 30 November 2015

		Note			30 November 2015 £			30 November 2014 £
Fixed assets
Tangible fixed assets					38,735			30,788
Current assets
Debtors					81,526			72,278
Cash at bank and in hand					108,796			66,676
					190,322			138,954
Creditors: Amounts falling due within one year					(23,555)			(8,324)
Net current assets					166,767			130,630
Total assets less current liabilities					205,502			161,418
Provisions for liabilities					(7,177)			(5,477)
Net assets					198,325			155,941
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					198,323			155,939
Shareholders' funds					198,325			155,941

For the year ending 30 November 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 23 August 2016 and signed on its behalf by:

.........................................
S Jenkins
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Lincolnshire Childcare (Boston) Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% Reducing balance
Office equipment	15% Reducing balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 2

Lincolnshire Childcare (Boston) Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 December 2014		68,586			68,586
Additions		14,306			14,306
At 30 November 2015		82,892			82,892
Depreciation
At 1 December 2014		37,798			37,798
Charge for the year		6,359			6,359
At 30 November 2015		44,157			44,157
Net book value
At 30 November 2015		38,735			38,735
At 30 November 2014		30,788			30,788

3	Share capital

Allotted, called up and fully paid shares

	30 November 2015						30 November 2014
		No.			£			No.			£
Ordinary shares of £1 each		2			2			2			2

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