Meades & Wiggan Childcare Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07244834 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2014

FOR

MEADES & WIGGAN CHILDCARE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

5

DIRECTOR:

Ms K Redfearn

REGISTERED OFFICE:

8 Owler Meadows

Heckmondwike

Yorkshire

WF16 9DY

REGISTERED NUMBER:

07244834 (England and Wales)

ACCOUNTANTS:

G L Barker & Co LLP

Chartered Certified Accountants

49 Austhorpe Road

Cross Gates

Leeds

LS15 8BA

FIXED ASSETS

Intangible assets

2

20,240

21,505

Tangible assets

3

57,141

57,114

77,381

78,619

CURRENT ASSETS

Stocks

700

700

Debtors

6,102

14,374

Cash at bank and in hand

116,172

33,777

122,974

48,851

CREDITORS

Amounts falling due within one year

142,440

160,601

NET CURRENT LIABILITIES

(19,466

)

(111,750

)

TOTAL ASSETS LESS CURRENT LIABILITIES

57,915

(33,131

)

CAPITAL AND RESERVES

Called up share capital

4

120

120

Profit and loss account

57,795

(33,251

)

SHAREHOLDERS' FUNDS

57,915

(33,131

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28 October 2014 and were signed by:

Ms K Redfearn - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Franchise fee

The franchise fee of £25,300 is being written off over its estimated useful life of 20 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

not provided

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

25,300

AMORTISATION

At 1 June 2013

3,795

Amortisation for year

1,265

At 31 May 2014

5,060

NET BOOK VALUE

At 31 May 2014

20,240

At 31 May 2013

21,505

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

61,569

Additions

1,128

At 31 May 2014

62,697

DEPRECIATION

At 1 June 2013

4,455

Charge for year

1,101

At 31 May 2014

5,556

NET BOOK VALUE

At 31 May 2014

57,141

At 31 May 2013

57,114

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

120

Ordinary

£1

120

120

5.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms K Redfearn.

The ultimate controlling party is Ms K Redfearn.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Meades & Wiggan Childcare Ltd for the year ended 31 May 2014 which comprise the Profit and

Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of Meades & Wiggan Childcare Ltd in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Meades &

Wiggan Childcare Ltd and state those matters that we have agreed to state to the director of Meades & Wiggan

Childcare Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants

as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or

assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Meades & Wiggan Childcare Ltd has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of

Meades & Wiggan Childcare Ltd. You consider that Meades & Wiggan Childcare Ltd is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Meades & Wiggan Childcare

Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

G L Barker & Co LLP

Chartered Certified Accountants

49 Austhorpe Road

Cross Gates

Leeds

LS15 8BA

30 October 2014