Little Diamonds Nursery Limited,Ltd - AccountsLtd - Accounts

Little Diamonds Nursery Limited,Ltd - AccountsLtd - Accounts

LITTLE DIAMONDS NURSERY LIMITED - Company Information

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2017-02-01 07915496 2018-01-31 07915496 2017-02-01 2018-01-31 07915496 2017-01-31 07915496 2016-02-01 2017-01-31 07915496 uk-core:WithinOneYear 2017-01-31 07915496 uk-core:WithinOneYear 2018-01-31 07915496 uk-core:ShareCapital 2018-01-31 07915496 uk-core:ShareCapital 2017-01-31 07915496 uk-core:RetainedEarningsAccumulatedLosses 2018-01-31 07915496 uk-core:RetainedEarningsAccumulatedLosses 2017-01-31 07915496 uk-bus:Director1 2017-02-01 2018-01-31 07915496 uk-core:ToolsEquipment 2017-02-01 2018-01-31 07915496 uk-core:FurnitureFittings 2017-02-01 2018-01-31 07915496 uk-core:ToolsEquipment 2017-01-31 07915496 uk-core:FurnitureFittings 2017-01-31 07915496 uk-core:FurnitureFittings 2018-01-31 07915496 uk-core:ToolsEquipment 2018-01-31 iso4217:GBP 07915496 uk-bus:AuditExemptWithAccountantsReport 2017-02-01 2018-01-31 07915496 uk-bus:FRS102 2017-02-01 2018-01-31 07915496 uk-bus:FullAccounts 2017-02-01 2018-01-31 07915496 uk-bus:PrivateLimitedCompanyLtd 2017-02-01 2018-01-31
Little Diamonds Nursery Limited
Registered Number:07915496
For the year ended 31 January 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2018
Little Diamonds Nursery Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 January 2018
Little Diamonds Nursery Limited
Statement of Financial Position
Registered Number :
07915496
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
15,732
20,977
2
15,732
20,977
Current assets
Trade and other receivables
-
137,361
3
367,362
Cash and cash equivalents
481,625
618,986
367,362
Trade and other payables: amounts falling due within one
year
(77,569)
(177,625)
4
289,793
441,361
Net current assets
Total assets less current liabilities
457,093
310,770
457,093
Net assets
310,770
Capital and reserves
Called up share capital
1
1
Retained earnings
457,092
310,769
457,093
310,770
Shareholders' funds
For the year ended 31 January 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Hannah O'Sullivan Director
These financial statements were approved and authorised for issue by the Board on 28 November 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 January 2018
Little Diamonds Nursery Limited
Notes to the Financial Statements
Statutory Information
Little Diamonds Nursery Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07915496.
Registered address:
206 Northcote Road
Walthamstow
London
E17 7DH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
20% Reducing balance
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 February 2017
40,880
400
40,480
At 31 January 2018
40,480
400
40,880
Provision for depreciation and impairment
At 01 February 2017
19,903
305
19,598
Charge for year
5,245
24
5,221
At 31 January 2018
25,148
329
24,819
At 31 January 2018
Net book value
15,661
71
15,732
At 31 January 2017
20,882
95
20,977
2 of 3
5
For the year ended 31 January 2018
Little Diamonds Nursery Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2017
2018
£
£
Trade debtors
77,534
-
Other debtors
59,827
-
-
137,361
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Trade creditors
1,936
-
Taxation and social security
119,120
61,783
Other creditors
56,569
15,786
177,625
77,569
3 of 3