2022-08-31-accounts - Abacus Nursery And Childcare Limited

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UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

FOR

ABACUS NURSERY AND CHILDCARE LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

	Page
Income Statement	1
Balance Sheet	2
Chartered Accountants' Report	4
Detailed Income and Expenditure Account	5

ABACUS NURSERY AND CHILDCARE LIMITED

INCOME STATEMENT FOR THE YEAR ENDED 31 AUGUST 2022

TURNOVER Other income Cost of raw materials and consumables Staff costs Depreciation and other amounts written off assets Other charges Taxation DEFICIT	31.8.22 £ 235,487 1,307 (28,207) (203,308) (1,748) (20,979) - (17,448)	31.8.21 £ 296,310 415 (18,786) (198,384) (140,012) (34,597) - (95,054)

Page 1

ABACUS NURSERY AND CHILDCARE LIMITED (REGISTERED NUMBER: 05477383)

BALANCE SHEET 31 AUGUST 2022

FIXED ASSETS CURRENT ASSETS CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES RESERVES	31.8.22 £ 155,953 (2,862)	£ 1,556 153,091 154,647 154,647	31.8.21 £ 171,511 (2,720)	£ 3,304 168,791
				172,095
				172,095

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Abacus Nursery and Childcare Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05477383

Registered office: Abacus Nursery Craythorne Lane New Romney Kent TN28 8BL

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 14 (2021 - 14).

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 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 surplus or deficit 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.

continued...

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ABACUS NURSERY AND CHILDCARE LIMITED (REGISTERED NUMBER: 05477383)

BALANCE SHEET - continued 31 AUGUST 2022

The financial statements have been prepared in accordance with the micro-entity provisions.

1 the Board of Directors and authorised for issue on 30 August 2023 and were signed on its behalf by:

Mrs L J Evans - Director

Mrs J M I Locke - Director

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CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED FINANCIAL STATEMENTS OF ABACUS NURSERY AND CHILDCARE LIMITED

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Abacus Nursery and Childcare Limited for the year ended 31 August 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Abacus Nursery and Childcare Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Abacus Nursery and Childcare Limited and state those matters that we have agreed to state to the Board of Directors of Abacus Nursery and Childcare Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abacus Nursery and Childcare Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Abacus Nursery and Childcare Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Abacus Nursery and Childcare Limited. You consider that Abacus Nursery and Childcare Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Abacus Nursery and Childcare Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Stephen Hill Mid Kent Ltd Office 11 Romney Marsh Business Hub Mountfield Road New Romney Kent TN28 8LH

Date: .............................................

This page does not form part of the statutory financial statements

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ABACUS NURSERY AND CHILDCARE LIMITED

DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022

Turnover Fees collected Fees collected via vouchers Cost of sales Purchases GROSS SURPLUS Other income Sundry receipts Deposit account interest Expenditure Rent and rates Insurance Light and heat Wages Pensions Telephone Post, stationery and computer supplies Repairs and renewals Staff Training Household and cleaning Subscriptions Sundry expenses Accountancy Collaboration Share Legal and professional fees Entertainment Finance costs Bank charges Depreciation Improvements to property Plant and machinery Fixtures and fittings NET DEFICIT	31.8.22 £ 46,954 188,533 1,300 7 5,561 1,153 2,005 200,356 2,952 916 3,408 5,491 1,080 2,069 919 16 2,777 (5,906) 689 622 - 1,482 266	£ 235,487 28,207 207,280 1,307 208,587 224,108 (15,521) 179 (15,700) 1,748 (17,448)	31.8.21 £ 64,591 231,719 370 45 3,902 3,061 1,933 195,574 2,810 794 3,261 3,962 1,395 1,569 858 - 2,616 8,940 1,395 647 136,532 2,968 512	£ 296,310 18,786 277,524 415 277,939 232,717 45,222 264 44,958 140,012 (95,054)

This page does not form part of the statutory financial statements

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