BLUE_SKY_DAY_NURSERY_LIMI - Accounts

BLUE SKY DAY NURSERY LIMITED - Company Information

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Company Registration No. 05239734 (England and Wales)

BLUE SKY DAY NURSERY LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

BLUE SKY DAY NURSERY LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

BLUE SKY DAY NURSERY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

39,081

12,811

Current assets

Debtors

1,300

1,684

Cash at bank and in hand

1,413

851

2,713

2,535

Creditors: amounts falling due within one year

(20,757)

(30,076)

Net current liabilities

(18,044)

(27,541)

Total assets less current liabilities

21,037

(14,730)

Creditors: amounts falling due after more than one year

(1,675)

Provisions for liabilities

(5,724)

15,313

(16,405)

Capital and reserves

Called up share capital

Profit and loss account

15,293

(16,425)

Shareholder's funds

15,313

(16,405)

BLUE SKY DAY NURSERY LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 JULY 2016

- 2 -

For the financial year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 5 January 2017

Mrs V Atkin-Pooleman

Director

Company Registration No. 05239734

BLUE SKY DAY NURSERY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

15% reducing balance

Motor vehicles

20% reducing balance

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 August 2015

48,113

Additions

33,167

At 31 July 2016

81,280

Depreciation

At 1 August 2015

35,302

Charge for the year

6,897

At 31 July 2016

42,199

Net book value

At 31 July 2016

39,081

At 31 July 2015

12,811

BLUE SKY DAY NURSERY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2016

- 4 -

Share capital

2016

2015

Allotted, called up and fully paid

20 Ordinary of £1 each

Related party relationships and transactions

Other transactions

Rent is paid to Mrs V Atkin-Pooleman, a director, under lease on commercial terms.