Edinburgh Childcare Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC259489 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Edinburgh Childcare Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs J A Hunter

REGISTERED OFFICE:

58 Saughton Crescent

Edinburgh

Lothian

EH12 5SP

REGISTERED NUMBER:

SC259489 (Scotland)

ACCOUNTANTS:

Douglas Home and Co Ltd

Old Tweed Mill

Dunsdale Road

Selkirk

Selkirkshire

TD7 5DZ

FIXED ASSETS

Tangible assets

2

1,242,602

1,254,667

CURRENT ASSETS

Debtors

1,249

35,826

Cash at bank and in hand

47,882

10,746

49,131

46,572

CREDITORS

Amounts falling due within one year

145,050

111,523

NET CURRENT LIABILITIES

(95,919

)

(64,951

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,146,683

1,189,716

CREDITORS

Amounts falling due after more than one
year

3

757,595

818,004

NET ASSETS

389,088

371,712

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

389,086

371,710

SHAREHOLDERS' FUNDS

389,088

371,712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 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 3 April 2017 and were signed by:

Mrs J A Hunter - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

1,295,795

Additions

9,732

Disposals

(39,000

)

At 30 November 2016

1,266,527

DEPRECIATION

At 1 December 2015

41,128

Charge for year

2,609

Eliminated on disposal

(19,812

)

At 30 November 2016

23,925

NET BOOK VALUE

At 30 November 2016

1,242,602

At 30 November 2015

1,254,667

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

30/11/16

30/11/15

£

Repayable by instalments

293,509

496,604

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/11/16

30/11/15

value:

£

2

Ordinary

£1

2

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2016 and

30 November 2015:

30/11/16

30/11/15

£

Mrs J A Hunter

Balance outstanding at start of year

(34,797

)

(21,090

)

Amounts advanced

(15,540

)

(34,807

)

Amounts repaid

51,000

21,100

Balance outstanding at end of year

663

(34,797

)