Signature cover page Signed by: ## Cherry Riley ## Signing request Created: Description: Document owner: Original document name: Original document checksum: 29/04/2025, 15:14:07 - Freespirits Day Care Limited Freespirits Day Care Limited_FullAccounts_2024 _1_.pdf dfaa34c7ad7b9bf56bd572ec0b1aedf93351948e2d3f3d0df37b918e9dc40e6f (SHA-256) ## Signee Signed: Comment: Name as registered in practice management software: Name as provided by signee: E-mail address: IP Address: Browser user agent: ## 30/04/2025, 08:49:02 - Riley, Cherry Cherry Riley cherry.riley@btinternet.com 84.67.130.97 Mozilla/5.0 (iPhone; CPU iPhone OS 18_4_1 like Mac OS X) AppleWebKit/605.1.15 (KHTML, like Gecko) Version/18.4 Mobile/15E148 Safari/604.1 Powered by Engager.app. 35.1.3 / 35.0.1 www.srbaccountancy.co.uk  team@srbaccountancy.co.uk ✉ 01335300500  Company Number: SRB Accountancy Limited VAT number: GB285082586 The Lower Stables Main Road Sudbury Derbyshire DE6 5HT Registered Number: 08133737 England and Wales ## FREESPIRITS DAY CARE LIMITED Report of the Directors and Unaudited Financial Statements ## **Period of accounts** **Start date:** 01 August 2023 **End date:** 31 July 2024 FREESPIRITS DAY CARE LIMITED Contents Page For the year ended 31 July 2024 |Company information|3| |---|---| |Directors' report|4| |Accountants' report|6| |Income statement|7| |Statement of financial position|8| |Notes to the financial statements|10| |Detailed Income Statement|14| 2 of 15 FREESPIRITS DAY CARE LIMITED Company Information For the year ended 31 July 2024 |**Directors**|Christopher Holmes| |---|---| ||Donald Nicely| ||Cherry Riley| ||Clive Russell| ||Andrew Gething| ||Bethany Onions| ||Gault Picken| |**Registered Number**|08133737| |**Registered Office**|16 Wilbrahams Walk| ||Audley| ||Staffordshire| ||ST7 8HL| |**Accountants**|SRB Accountancy Limited| ||The Lower Stables| ||Main Street, Sudbury| ||Ashbourne| ||Derbyshire| ||DE6 5HT| 3 of 15 FREESPIRITS DAY CARE LIMITED Directors' Report For the year ended 31 July 2024 ## **Director's report and financial statements** The directors present their annual report and the financial statements for the year ended 31 July 2024. ## **Principal activities** Principal activity of the company during the financial year was of that of a day care centre. ## **Directors** The directors who served the company throughout the year were as follows: Christopher Holmes Donald Nicely Cherry Riley Clive Russell Andrew Gething Bethany Onions Gault Picken 4 of 15 FREESPIRITS DAY CARE LIMITED Directors' Report For the year ended 31 July 2024 ## **Statement of directors' responsibilities** The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements 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 financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to : - select suitable accounting policies and then apply them consistently - make judgements and accounting estimates that are reasonable and prudent - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and - prepare the financial statements 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 financial statements comply with the Companies Act 2006. The directors 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. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions This report was approved by the board and signed on its behalf by: ---------------------------------- Cherry Riley Director Date approved: 29 April 2025 5 of 15 FREESPIRITS DAY CARE LIMITED Accountants' Report For the year ended 31 July 2024 ## Accountants report You consider that the company is exempt from an audit for the year ended 31 July 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. .................................................... SRB Accountancy Limited The Lower Stables Main Street, Sudbury Ashbourne Derbyshire DE6 5HT 29 April 2025 6 of 15 ## FREESPIRITS DAY CARE LIMITED Income Statement For the year ended 31 July 2024 |**Notes**
**Turnover**
Cost of sales
**Gross profit**
Administrative expenses
**Operating loss**
2
**Profit/(Loss) on ordinary activities before taxation**
Tax on profit on ordinary activities
**Profit/(Loss) for the financial year**|**2024**
**£**
462,873
(12,749)
**450,124**
(470,036)
**(19,912)**
**(19,912)**
0
**(19,912)**|**2023**
**£**
437,575
(29,097)| |---|---|---| |||**408,478**
(414,831)| |||**(6,353)**| |||**(6,353)**
0| |||**(6,353)**| 7 of 15 ## FREESPIRITS DAY CARE LIMITED Statement of Financial Position As at 31 July 2024 |**Notes**
**Fixed assets**
Tangible fixed assets
4
**Current assets**
Debtors: amounts falling due within one year
5
Cash at bank and in hand
**Creditors: amount falling due within one year**
6
**Net current assets**
**Total assets less current liabilities**
Provisions for liabilities
7
**Net assets**
**Capital and reserves**
Profit and loss account
8
**Members' funds**|**2024**
**£**
3,151
**3,151**
33,508
441,238
**474,746**
(12,142)
**462,604**
465,755
(1,281)
**464,474**
464,474
**464,474**|**2023**
**£**
4,423| |---|---|---| |||**4,423**
52,734
442,851| |||**495,585**
(14,457)| |||**481,128**| |||485,551
(1,165)| |||**484,386**| |||484,386| |||**484,386**| For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: 1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. 2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 8 of 15 ## FREESPIRITS DAY CARE LIMITED Statement of Financial Position As at 31 July 2024 The financial statements were approved by the board of directors on 29 April 2025 and were signed on its behalf by: ------------------------------- Cherry Riley Director 9 of 15 FREESPIRITS DAY CARE LIMITED Notes to the Financial Statements For the year ended 31 July 2024 ## **General Information** Freespirits Day Care Limited is a private company, limited by guarantee, registered in England and Wales, registration number 08133737, registration address 16 Wilbrahams Walk, Audley, Staffordshire, ST7 8HL. The presentation currency is £ sterling. ## **1. Accounting policies** ## **Significant accounting policies** ## **Statement of compliance** These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. **Basis of preparation** The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company. ## **Group accounts** The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts. ## **Turnover** Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. ## **Government grants** Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred. ## **Operating lease rentals** Rentals payable under operating leases are charged against income on a straight line basis over the lease term. ## **Research and development expenditure** Research and development expenditure is charged to the income statement in the period in which it is incurred. ## **Preference dividends** Where preference shares are classed as liabilities rather than equity any preference dividends paid are included in interest payable and similar charges within the income statement. 10 of 15 FREESPIRITS DAY CARE LIMITED Notes to the Financial Statements For the year ended 31 July 2024 ## **Goodwill** Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years. ## **Tangible fixed assets** Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Plant and Machinery 25% Straight Line Motor Vehicles 25% Straight Line Fixtures and Fittings 25% Straight Line ## **Provisions** Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated. ## **2. Operating profit/(loss)** ||**2024**|**2023**| |---|---|---| ||**£**|**£**| |The operating loss is stated after charging:||| |Depreciation of tangible fixed assets|1,631|2,260| ## **3. Average number of employees** Average number of employees during the year was 19 (2023 : 19). 11 of 15 ## FREESPIRITS DAY CARE LIMITED Notes to the Financial Statements For the year ended 31 July 2024 ## **4. Tangible fixed assets** |**Cost or valuation**
At 01 August 2023
Additions
Disposals
At 31 July 2024
**Depreciation**
At 01 August 2023
Charge for year
On disposals
At 31 July 2024
**Net book values**
Closing balance as at 31
July 2024
Opening balance as at
01 August 2023|Plant and
Machinery
**£**
1,029
359
-
**1,388**
1,029
-
-
**1,029**
**359**
**-**|Motor
Vehicles
**£**
36,050
-
-
**36,050**
36,050
-
-
**36,050**
**-**
**-**|Fixtures
and Fittings
**£**
4,052
-
-
**4,052**
1,609
972
-
**2,581**
**1,471**
**2,443**|Computer
Equipment
**£**
2,969
-
-
**2,969**
989
659
-
**1,648**
**1,321**
**1,980**|**Total**
**£**
44,100
359
-| |---|---|---|---|---|---| ||||||**44,459**| ||||||39,677
1,631
-| ||||||**41,308**| ||||||**3,151**| ||||||**4,423**| ## **5. Debtors: amounts falling due within one year** |Trade Debtors|**2024**
**£**
33,508
**33,508**|**2023**
**£**
52,734
**52,734**| |---|---|---| 12 of 15 ## FREESPIRITS DAY CARE LIMITED Notes to the Financial Statements For the year ended 31 July 2024 ## **6. Creditors: amount falling due within one year** |Trade Creditors
PAYE & Social Security
Post Tax Deductions
Accrued Expenses
Other Creditors
Wages & Salaries Control Account
Attachment of Earnings
**Provisions for liabilities**
Pension Provisions
**Profit and loss account**
Balance at 01 August 2023
Loss for the year
Balance at 31 July 2024|**2024**
**£**
6,732
5,479
305
0
0
(374)
0
**12,142**
**2024**
**£**
1,281
**1,281**|**2023**
**£**
7,694
5,404
0
498
861
0
0| |---|---|---| |||**14,457**| |||**2023**
**£**
1,165| |||**1,165**| |||**2024**
**£**
484,386
(19,912)| |||**464,474**| ## **7. Provisions for liabilities** ## **8. Profit and loss account** ## **9. Company Limited by Guarantee** The company is limited by guarantee and therefore has no shares. 13 of 15 ## FREESPIRITS DAY CARE LIMITED Detailed Income Statement For the year ended 31 July 2024 |**Turnover**
Care
Donation Income
**Cost of sales**
Sub-Contract Cost
Gross profit
**Administrative expenses**
Wages & Salaries
Employer's PAYE & NI Contributions
Pension Contributions
Staff Training
Accountancy Fees
Legal and Professional Fees (Allowable)
Management & Consultancy fees
Rates & Water
Rent
Light, Heat & Power
Other Premises Costs
Motor Repairs and Servicing
Bad Debts Written Off (Specific)
Provision for Doubtful Debts
Bank Charges
Depreciation Charge: Plant & Machinery
Depreciation Charge: Fixtures & Fittings
Depreciation Charge: Computer Equipment
Advertising
General Insurance
Repairs & Renewals
Stationery & Postage
Telephone, Fax & Internet
Sundry Expenses
Donations|12,749|**2024**
**£**
462,873
0
**462,873**

(12,749)
**450,124**
























|


29,097|**2023**
**£**
435,662
1,913| |---|---|---|---|---| |||||**437,575**
(29,097)| ||328,289
18,186
5,714
3,480
4,685
435
0
1,190
308
11,577
643
18,381
32,603
0
415
0
971
660
0
11,444
14,651
2,935
984
704
216||
282,610
12,997
4,934
523
3,586
235
745
840
510
13,882
0
18,819
0
8,792
410
258
1,013
989
408
5,014
35,932
5,346
851
0
216|| |||||**408,478**| 14 of 15 ## FREESPIRITS DAY CARE LIMITED Detailed Income Statement For the year ended 31 July 2024 |Consumables & Activities
Subscription
Operating loss
**Profit/(Loss) on ordinary activities before**
**taxation**
**Profit/(Loss) for the financial year**|8,985
2,580|

(470,036)
**(19,912)**
**(19,912)**
**(19,912)**|13,316
2,605|(414,831)| |---|---|---|---|---| |||||| |||||**(6,353)**| |||||**(6,353)**| |||||**(6,353)**| 15 of 15