Employers For Childcare Solutions - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: NI639666 (Northern Ireland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 18 JULY 2016 TO 31 MAY 2017

FOR

EMPLOYERS FOR CHILDCARE SOLUTIONS

LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mrs S McCarry

T Mervyn

Ms L Mulholland

Ms M Marin OBE

Mrs Z Duffy

M Stevenson

REGISTERED OFFICE:

11 Blaris Industrial Estate

11 Altona Road

Lisburn

Co. Antrim

BT27 5QB

REGISTERED NUMBER:

NI639666 (Northern Ireland)

ACCOUNTANTS:

Baker Tilly Mooney Moore

17 Clarendon Road

Clarendon Dock

Belfast

Co. Antrim

BT1 3BG

BANKERS:

Danske Bank

45-48 High Street

Portadown

BT62 1LB

CURRENT ASSETS

Debtors

4

10,045

CREDITORS

Amounts falling due within one year

5

43,944

NET CURRENT LIABILITIES

(33,899

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(33,899

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(33,900

)

SHAREHOLDERS' FUNDS

(33,899

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were authorised for issue and approved by the Board of Directors on 24 January 2018 and were signed on its behalf by:

Ms M Marin OBE - Director

M Stevenson - Director

1.	STATUTORY INFORMATION

Employers For Childcare Solutions Limited is a private company, limited by shares , registered in Northern

Ireland. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

In preparing these financial statements there are no significant judgements or estimates to note.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Financial instruments

All financial instruments of the company are considered to meet the definition of basic financial instruments.

- Short term debtors and creditors

Debtors and creditors with no stated interest rate and are receivable or payable on demand are recognised at

transaction price, and subject to annual impairment reviews. Any losses arising on impairment are recognised in

the profit and loss account.

- Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the statement of financial position date.

Deferred tax

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

statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

6,137

Prepayments and accrued income

3,908

10,045

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

3,512

Trade creditors

852

Amounts owed to participating interests

23,000

Taxation and social security

5,301

Other creditors

11,279

43,944

6.	RELATED PARTY DISCLOSURES