ABC Rainbow Day Nurseries Limited - Limited company - abbreviated

REGISTERED NUMBER: 03722306 (England and Wales)

ABC RAINBOW DAY NURSERIES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr L F Argentieri

Mrs M C M Argentieri

SECRETARY:

Mr L F Argentieri

REGISTERED OFFICE:

Blackmore Mill House

Hay Green Lane

Hook End

Brentwood

Essex

CM15 0NT

REGISTERED NUMBER:

03722306 (England and Wales)

ACCOUNTANTS:

Blencowes

15 High Street

Brackley

Northamptonshire

NN13 7DH

FIXED ASSETS

Intangible assets

2

1

Tangible assets

3

47,011

51,203

47,012

51,204

CURRENT ASSETS

Debtors

160,030

154,490

Cash at bank and in hand

117,880

90,815

277,910

245,305

CREDITORS

Amounts falling due within one year

189,754

113,414

NET CURRENT ASSETS

88,156

131,891

TOTAL ASSETS LESS CURRENT
LIABILITIES

135,168

183,095

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

135,166

183,093

SHAREHOLDERS' FUNDS

135,168

183,095

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 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 Board of Directors on 19 December 2014 and were signed on its behalf
by:

Mrs M C M Argentieri - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of five years.

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

-

15% on reducing balance

Computer equipment

-

50% on reducing balance

Deferred taxation

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

sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or

a right to pay less or to receive more tax, with the following exceptions: Deferred tax assets are recognised only

to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits

from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in

which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

61,600

AMORTISATION

At 1 April 2013

and 31 March 2014

61,599

NET BOOK VALUE

At 31 March 2014

1

At 31 March 2013

1

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

98,313

Additions

846

At 31 March 2014

99,159

DEPRECIATION

At 1 April 2013

47,110

Charge for year

5,038

At 31 March 2014

52,148

NET BOOK VALUE

At 31 March 2014

47,011

At 31 March 2013

51,203

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

2

Ordinary

£1

2

ABC Rainbow Day Nurseries Limited - Limited company - abbreviated - 11.6

ABC Rainbow Day Nurseries Limited - Limited company - abbreviated - 11.6