Yellow Dot (North Baddesley) Limited - Accounts to registrar (filleted) - small 17.3
Yellow Dot (North Baddesley) Limited - Accounts to registrar (filleted) - small 17.3
| Yellow Dot (North Baddesley) Limited |
| Unaudited Financial Statements |
| for the Year Ended |
| 31 August 2017 |
| Yellow Dot (North Baddesley) Limited (Registered number: 05468820) |
| Contents of the Financial Statements |
| for the Year Ended 31 August 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Yellow Dot (North Baddesley) Limited |
| Company Information |
| for the Year Ended 31 August 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 91 Lakewood Road |
| Chandlers Ford |
| Eastleigh |
| Hampshire |
| SO53 5AD |
| Yellow Dot (North Baddesley) Limited (Registered number: 05468820) |
| Balance Sheet |
| 31 August 2017 |
| 31.8.17 | 31.8.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| Yellow Dot (North Baddesley) Limited (Registered number: 05468820) |
| Notes to the Financial Statements |
| for the Year Ended 31 August 2017 |
| 1. | STATUTORY INFORMATION |
| Yellow Dot (North Baddesley) Limited is a |
| Wales. 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 |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party |
| transactions with wholly owned subsidiaries within the group. |
| Turnover |
| Turnover represents net invoiced fees, excluding value added tax along with the Early Years Education Funding |
| that parents receive towards their childcare costs from local authorities. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the year 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 balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet 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 year 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. |
| Pension costs |
| The company operates a defined contribution pension scheme for eligible staff and additionally contributes to |
| other compliant personal pension schemes for staff and directors. Contributions payable to pension schemes are |
| charged to the profit and loss account in the period to which they relate. |
| Leasing |
| Operating lease rentals are charged to the profit & loss account as they are incurred. |
| Yellow Dot (North Baddesley) Limited (Registered number: 05468820) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2017 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 September 2016 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 August 2017 |
| DEPRECIATION |
| At 1 September 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 August 2017 |
| NET BOOK VALUE |
| At 31 August 2017 |
| At 31 August 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | RELATED PARTY DISCLOSURES |
| The property from which the company trades is owned by its parent company, Yellow Dot Group Ltd. No rent is |
| currently being charged. |
| Yellow Dot (North Baddesley) Limited (Registered number: 05468820) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2017 |
| 8. | POST BALANCE SHEET EVENTS |
| With effect from 5 February 2018 the Yellow Dot group ("the group") commenced a demerger by capital |
| reduction. Prior to that date all mortgages and loans on properties were repaid. |
| A vehicle held by Yellow Dot (North Baddesley) Limited was transferred to Yellow Dot Group Limited at tax |
| written down value, through the intercompany account, as part of the demerger process which occurred on 5 |
| February 2018. |
| As a result of the demerger, Yellow Dot Group Limited has become a wholly owned subsidiary of a new holding |
| company, Yellow Dot Property Limited, and shares have been issued in the new company in a share for share |
| exchange at the market value of the group. |
| All properties have been transferred to Yellow Dot Group Limited and Yellow Dot Group Limited has sold its |
| subsidiary company investments to Yellow Dot Property Limited at cost. |
| Yellow Dot Property Limited has then undertaken a capital reduction to cancel shares to the value of the market |
| value of the trading companies; the consideration being the transfer of the shares held in the trading companies to |
| Yellow Dot Holdings Limited, who in turn have issued shares to the same value to the shareholders of the |
| original group in the same proportions. |
| The overall effect of the demerger by capital reduction is that the freehold and leasehold properties are now held |
| in the Yellow Dot Property Limited group and the trading companies are held by Yellow Dot Holdings Limited. |
| 9. | PARENT UNDERTAKING |
| The company is a wholly owned subsidiary of Yellow Dot Group Ltd, which prepares consolidated accounts that |
| include the results of this company. The registered office of Yellow Dot Group Ltd is 91 Lakewood Road, |
| Chandlers Ford, Eastleigh, SO53 5AD. |