Company Registration No. 03745819 (England and Wales) DRAFT
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BOSTON WEST JOINT CHILDCARE COMPANY LTD ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024
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BOSTON WEST JOINT CHILDCARE COMPANY LTD ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS
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| Page | |
|---|---|
| Company information | 3 |
| Directors' report | 4 |
| Income statement | 5 |
| Statement of financial position | 6 |
| Statement of changes in equity | 7 |
| Notes to the accounts | 8 |
| Detailed profit and loss account | 10 |
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BOSTON WEST JOINT CHILDCARE COMPANY LTD COMPANY INFORMATION FOR THE YEAR ENDED 30 APRIL 2024
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Directors
Company Number
Registered Office
Accountants
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Darren Hudson Micheala Hudson Gunilla Karlsson Dawn Skinner Sian Talbot Rachel Whyler Leo Hunt
03745819 (England and Wales)
BOSTON WEST CHILDREN'S CENTRE SUSSEX AVE BOSTON LINCS PE21 7QG UNITED KINGDOM
Clearview Accountancy and Finance Ltd Aura Business Centre Manners Road Newark Nottinghamshire NG24 1BS
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BOSTON WEST JOINT CHILDCARE COMPANY LTD (COMPANY NO: 03745819 ENGLAND AND WALES) DIRECTORS' REPORT
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The directors present their report and accounts for the year ended 30 April 2024.
Directors
The following directors held office during the whole of the period:
Darren Hudson Micheala Hudson Gunilla Karlsson Dawn Skinner Sian Talbot Rachel Whyler Leo Hunt
Statement of directors' responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Approved by the board on:
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BOSTON WEST JOINT CHILDCARE COMPANY LTD INCOME STATEMENT FOR THE YEAR ENDED 30 APRIL 2024
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| Turnover Cost of sales Gross profit Administrative expenses Operating profit/(loss) Profit/(loss) on ordinary activities before taxation Tax on profit/(loss) on ordinary activities Profit/(loss) for the financial year |
2024 £ 72,867 (47,564) 25,303 (16,991) 8,312 8,312 - 8,312 |
2023 £ 75,380 (61,149) |
|---|---|---|
| 14,231 (22,330) |
||
| (8,099) | ||
| (8,099) - |
||
| (8,099) |
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BOSTON WEST JOINT CHILDCARE COMPANY LTD STATEMENT OF FINANCIAL POSITION AS AT 30 APRIL 2024
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| 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/(liabilities) Net assets Capital and reserves Profit and loss account Shareholders' funds |
2024 £ 93,931 1,494 8,879 10,373 (8,762) 1,611 95,542 95,542 95,542 |
2023 £ 93,592 494 2,092 |
|---|---|---|
| 2,586 (8,948) |
||
| (6,362) | ||
| 87,230 | ||
| 87,230 | ||
| 87,230 |
For the year ending 30 April 2024 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 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 financial statements were approved by the Board of Directors and authorised for issue on and were signed on its behalf by
Director
Company Registration No. 03745819
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BOSTON WEST JOINT CHILDCARE COMPANY LTD STATEMENT OF CHANGES IN EQUITY AS AT 30 APRIL 2024
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| At 1 May 2022 Loss for the year At 30 April 2023 At 1 May 2023 Profit for the year At 30 April 2024 |
Share capital £ - - - - |
Profit & loss account £ 95,329 (8,099) 87,230 87,230 8,312 95,542 |
Total £ 95,329 (8,099) |
|---|---|---|---|
| 87,230 | |||
| 87,230 8,312 |
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| 95,542 |
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BOSTON WEST JOINT CHILDCARE COMPANY LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024
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1 Statutory information
Boston West Joint Childcare Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 03745819. The registered office is BOSTON WEST CHILDREN'S CENTRE, SUSSEX AVE, BOSTON, LINCS, PE21 7QG, UNITED KINGDOM.
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.
3 Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
| 4 Tangible fixed assets Cost or valuation At 1 May 2023 At 30 April 2024 Depreciation At 1 May 2023 Charge for the year At 30 April 2024 Net book value At 30 April 2024 At 30 April 2023 5 Debtors Amounts falling due within one year Trade debtors 6 Creditors: amounts falling due within one year Trade creditors Accruals |
4 Tangible fixed assets Cost or valuation At 1 May 2023 At 30 April 2024 Depreciation At 1 May 2023 Charge for the year At 30 April 2024 Net book value At 30 April 2024 At 30 April 2023 5 Debtors Amounts falling due within one year Trade debtors 6 Creditors: amounts falling due within one year Trade creditors Accruals |
Land & buildings £ At cost 238,907 238,907 143,728 1,248 144,976 93,931 95,179 |
Fixtures & fittings £ At cost 41,673 41,673 43,260 (1,587) 41,673 - (1,587) |
Computer equipment £ At cost 199 199 199 - 199 - - 2024 £ 1,494 2024 £ 5,214 3,548 8,762 |
Computer equipment £ At cost 199 199 199 - 199 - - 2024 £ 1,494 2024 £ 5,214 3,548 8,762 |
Total £ 280,779 |
Total £ 280,779 |
|---|---|---|---|---|---|---|---|
| 280,779 | |||||||
| 187,187 (339) |
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| 186,848 | |||||||
| 93,931 | |||||||
| 93,592 | |||||||
| 2023 £ 494 |
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| 2023 £ 8,948 - |
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| 8,948 | |||||||
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BOSTON WEST JOINT CHILDCARE COMPANY LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024
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7 Average number of employees
During the year the average number of employees was 3 (2023: 3).
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BOSTON WEST JOINT CHILDCARE COMPANY LTD DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 APRIL 2024
This schedule does not form part of the statutory accounts.
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Turnover | ||
| Sales | 72,867 | 75,380 |
| Cost of sales | ||
| Direct labour | 46,725 | 61,149 |
| Other direct costs | 839 | - |
| 47,564 | 61,149 | |
| Gross profit | 25,303 | 14,231 |
| Administrative expenses | ||
| Pensions | 1,016 | 1,335 |
| Staff training and welfare | 54 | - |
| Rates | 1,375 | 1,240 |
| Light and heat | 3,882 | 3,220 |
| Cleaning | 1,125 | 1,021 |
| Telephone and fax | 723 | 983 |
| Internet | 687 | 687 |
| Postage | 12 | - |
| Stationery and printing | 1,134 | 2,350 |
| Subscriptions | 106 | - |
| Insurance | 1,444 | 1,150 |
| Software | 396 | - |
| Repairs and maintenance | 2,016 | 2,031 |
| Depreciation | 1,248 | 4,299 |
| Sundry expenses | 1,222 | 2,695 |
| Accountancy fees | 516 | 516 |
| Advertising and PR | - | 261 |
| Other legal and professional | 35 | 542 |
| 16,991 | 22,330 | |
| Operating profit/(loss) | 8,312 | (8,099) |
| Profit/(loss) on ordinary activities before taxation | 8,312 | (8,099) |
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