Smiles Childcare Ltd 08450418 false true 2015-04-01 2016-03-31 2016-03-31 08450418 2015-04-01 2016-03-31 08450418 2016-03-31 08450418 uk-bus:OrdinaryShareClass1 2016-03-31 08450418 uk-bus:Director1 2015-04-01 2016-03-31 08450418 uk-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 08450418 uk-gaap:FixturesFittings 2015-04-01 2016-03-31 08450418 uk-gaap:OfficeEquipment 2015-04-01 2016-03-31 08450418 2015-03-31 08450418 2015-03-31 08450418 uk-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP xbrli:shares

Registration number: 08450418

Smiles Childcare Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

 

Smiles Childcare Ltd
Contents

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2 to 3

 

Smiles Childcare Ltd
(Registration number: 08450418)
Abbreviated Balance Sheet at 31 March 2016

   

Note

   

2016
£

   

2015
£

 

Fixed assets

 

             

Tangible fixed assets

 

   

97,006

   

7,102

 

Current assets

 

             

Debtors

 

   

2,794

   

52,320

 

Cash at bank and in hand

 

   

4,803

   

190

 
   

   

7,597

   

52,510

 

Creditors: Amounts falling due within one year

 

   

(167,075)

   

(136,323)

 

Net current liabilities

 

   

(159,478)

   

(83,813)

 

Net liabilities

 

   

(62,472)

   

(76,711)

 

Capital and reserves

 

             

Called up share capital

 

3

   

100

   

100

 

Profit and loss account

 

   

(62,720)

   

(76,811)

 

Balance sheet suspense

 

   

148

   

-

 

Shareholders' deficit

 

   

(62,472)

   

(76,711)

 

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 25 May 2016 and signed on its behalf by:

.........................................
Mr M Waters
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

 

Smiles Childcare Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Going concern

The financial statements have been prepared on a going concern basis. The director's are confident that the company has the ability to continue trading with their continued support.

Turnover

Turnover represents amounts chargeable in respect of services provided during the period.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

10% and 20% straight line basis

Office equipment

25% straight line basis

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

 

Smiles Childcare Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

2

Fixed assets

   

Tangible assets
£

   

Total
£

 

Cost

           

At 1 April 2015

 

10,651

   

10,651

 

Additions

 

101,471

   

101,471

 

At 31 March 2016

 

112,122

   

112,122

 

Depreciation

           

At 1 April 2015

 

3,549

   

3,549

 

Charge for the year

 

11,567

   

11,567

 

At 31 March 2016

 

15,116

   

15,116

 

Net book value

           

At 31 March 2016

 

97,006

   

97,006

 

At 31 March 2015

 

7,102

   

7,102

 

3

Share capital

Allotted, called up and fully paid shares

 

2016

2015

   

No.

   

£

   

No.

   

£

 

Ordinary of £1 each

 

100

   

100

   

100

   

100

 
                         

Options

Monitor

  • Receive an alert email on changes to financial status
  • Early indications of liquidity problems
  • Warns when company reporting is overdue
  • Free service, no spam emails
Monitor Now

Please Help Us!

Was this document useful to you? Please Like our page. The more Likes we get, the more documents we can supply you free. Thanks.