Company Registration No. 8458639 (England and Wales)
Ahoy Childcare Limited
Unaudited accounts
for the year ended 31 March 2021
Ahoy Childcare Limited
Unaudited accounts
Contents
Ahoy Childcare Limited
Company Information
for the year ended 31 March 2021
Directors
Janeen Claire Hall
Eliza Lynn Austin Hall
Company Number
8458639 (England and Wales)
Registered Office
All Aboard Pre-School
Hooe Primary Academy
Plymouth
PL9 9RG
Accountants
PBS Accounting
Unit 2 Lister Mill Business Park
Lister Close, Plympton
Plymouth
Devon
PL7 4BA
Ahoy Childcare Limited
Statement of financial position
as at
31 March 2021
Tangible assets
80,983
87,614
Cash at bank and in hand
3,630
2,088
Creditors: amounts falling due within one year
(29,531)
(27,419)
Net current liabilities
(24,440)
(20,519)
Total assets less current liabilities
56,543
67,095
Provisions for liabilities
Deferred tax
(388)
(1,021)
Called up share capital
100
100
Profit and loss account
56,055
65,974
Shareholders' funds
56,155
66,074
For the year ending 31 March 2021 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2021 and were signed on its behalf by
Janeen Claire Hall
Director
Company Registration No. 8458639
Ahoy Childcare Limited
Notes to the Accounts
for the year ended 31 March 2021
Ahoy Childcare Limited is a private company, limited by shares, registered in England and Wales, registration number 8458639. The registered office is All Aboard Pre-School, Hooe Primary Academy, Plymouth, PL9 9RG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the life of leasehold of 25 years commencing 2013
Fixtures & fittings
20% Straight Line
Computer equipment
25% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
After making enquiries and despite the current uncertain economic outlook, the directors have a
reasonable expectation that the company has adequate resources for the foreseeable future. Accordingly,
they continue to adopt the going concern basis in preparing the annual reports and accounts.
Ahoy Childcare Limited
Notes to the Accounts
for the year ended 31 March 2021
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2020
108,536
28,419
1,207
138,162
At 31 March 2021
108,536
28,699
1,207
138,442
At 1 April 2020
25,071
24,869
608
50,548
Charge for the year
4,522
2,088
301
6,911
At 31 March 2021
29,593
26,957
909
57,459
At 31 March 2021
78,943
1,742
298
80,983
At 31 March 2020
83,465
3,550
599
87,614
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
1,461
316
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
-
7,725
Trade creditors
1,070
2,110
Taxes and social security
7,944
7,264
Proposed dividends
3,000
-
Other creditors
9,859
9,598
Loans from directors
5,974
178
7
Share capital
2021
2020
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Operating lease commitments
2021
2020
At 31 March 2021 the company has total minimum future payment commitments under non-cancellable operating leases as follows:
Operating leases expiring:
Within two to five years
2,921
2,921
Ahoy Childcare Limited
Notes to the Accounts
for the year ended 31 March 2021
9
Average number of employees
During the year the average number of employees was 10 (2020: 9).