## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022** ## **FOR** **ABACUS NURSERY AND CHILDCARE LIMITED** **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... Page 2 **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 Page 3 ## **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 Page 4 ## **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 Page 5