**COMPANY REGISTRATION NUMBER: CE001097** 

## **Burnopfield Playcare Unaudited Accounts** 

**31 August 2021** 

## **SMITH & CO** 

Chartered Accountants Unit G2 Tanfield Business Centre Stanley Co Durham DH9 9DB 



## **Burnopfield Playcare** 

## **Accounts** 

## **Year ended 31 August 2021** 

|**Contents**|**Page**|
|---|---|
|Officers and professional advisers|**1**|
|Proprietor's report|**2**|
|Statement of income and retained earnings|**3**|
|Statement of financial position|**4**|
|Notes to the accounts|**5**|
|**The following pages do not form part of the accounts**||
|Detailed income statement|**9**|
|Notes to the detailed income statement|**10**|





## **Burnopfield Playcare** 

## **Officers and Professional Advisers** 

**Director** Mr S Dormer **Registered office** Front Street Burnopfield Newcastle Upon Tyne NE16 6PT **Accountants** Smith & Co Chartered Accountants Unit G2 Tanfield Business Centre Stanley Co Durham DH9 9DB **Bankers** HSBC bank plc West Street Branch 2 Ellison Street Gateshead Tyne and Wear 

**1** 



**Year ended 31 August 2021** 

## **Burnopfield Playcare** 

## **Proprietor's Report** 

The proprietor presents his report and the unaudited accounts of the business for the year ended 31 August 2021. 

## **Principal activities** 

The principal activity of the company was wrap around child care. 

## **Proprietor** 

The proprietor who served the business during the year was as follows: 

Mr S Dormer 

## **Small company provisions** 

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. 

This report was approved by the board of directors on 14 December 2021 and signed on behalf of the board by: 

Mr S Dormer Proprietor 

Registered office: Front Street Burnopfield Newcastle Upon Tyne NE16 6PT 

**2** 



## **Burnopfield Playcare** 

## **Statement of Income and Retained Earnings** 

## **Year ended 31 August 2021** 

|||**2021**|2020|
|---|---|---|---|
||**Note**|**£**|£|
|**Turnover**||55,319|59,431|
|Cost of sales||2,040|1,107|
|||`────────`|`────────`|
|**Gross profit**||53,279|58,324|
|Administrative expenses||79,676|85,857|
|Other operating income||21,643|23,814|
|||`────────`|`────────`|
|**Operating loss**||(4,754)|(3,719)|
|||`────────`|`────────`|
|**Loss before taxation**|**5**|(4,754)|(3,719)|
|Tax on loss||–|–|
|||`───────`|`───────`|
|**Loss for the financial year and total comprehensive income**||(4,754)|(3,719)|
|||`═══════`|`═══════`|
|**Retained earnings at the start of the year**||18,121|21,840|
|||`────────`|`────────`|
|**Retained earnings at the end of the year**||13,367<br>`════════`|18,121<br>`════════`|



All the activities of the business are from continuing operations. 

**The notes on pages 5 to 7 form part of these accounts.** 

**3** 



## **Burnopfield Playcare** 

## **Statement of Financial Position** 

## **31 August 2021** 

|||**2021**|2020|
|---|---|---|---|
||**Note**|**£**|£|
|**Fixed assets**||||
|Tangible assets|**6**|2,693|3,102|
|**Current assets**||||
|Debtors|**7**|–|8|
|Cash at bank and in hand||11,258|15,898|
|||`────────`|`────────`|
|||11,258|15,906|
|**Creditors: amounts falling due within one year**|**8**|584|887|
|||`────────`|`────────`|
|**Net current assets**||10,674|15,019|
|||`────────`|`────────`|
|**Total assets less current liabilities**||13,367|18,121|
|||`────────`|`────────`|
|**Net assets**||13,367|18,121|
|||`════════`|`════════`|
|**Capital and reserves**||||
|Profit and loss account||13,367|18,121|
|||`────────`|`────────`|
|**Shareholders funds**||13,367|18,121|
|||`════════`|`════════`|



These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. 

For the year ending 31 August 2021 the business was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 

Director's responsibilities: 

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; 

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 

These accounts were approved by the board of directors and authorised for issue on 14 December 2021, and are signed on behalf of the board by: 

Mr S Dormer 

Company registration number: CE001097 

**The notes on pages 5 to 7 form part of these accounts.** 

**4** 



## **Burnopfield Playcare** 

## **Notes to the Accounts** 

## **Year ended 31 August 2021** 

## **1. General information** 

The business is a private business limited by shares, registered in UK. The address of the registered office is Front Street, Burnopfield, Newcastle Upon Tyne, NE16 6PT. 

## **2. Statement of compliance** 

These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'. 

## **3. Accounting policies** 

## **Basis of preparation** 

The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. 

The accounts are prepared in sterling, which is the functional currency of the entity. 

## **Revenue recognition** 

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. 

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. 

## **Tangible assets** 

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. 

## **Depreciation** 

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: 

Fixtures & Fittings - 10% reducing balance Equipment - 20% reducing balance 

**5** 



## **Burnopfield Playcare** 

## **Notes to the Accounts** _**(continued)**_ 

## **Year ended 31 August 2021** 

## **3. Accounting policies** _**(continued)**_ 

## **Impairment of fixed assets** 

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. 

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. 

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the business are assigned to those units. 

## **Defined contribution plans** 

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. 

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises. 

## **4. Employee numbers** 

The average number of persons employed by the business during the year amounted to 5 (2020: 6). 

## **5. Profit before taxation** 

|Profit before taxation is stated after charging:|||
|---|---|---|
||**2021**|2020|
||**£**|£|
|Depreciation of tangible assets|409|481|
||`════`|`════`|



**6** 



## **Burnopfield Playcare** 

## **Notes to the Accounts** _**(continued)**_ 

## **Year ended 31 August 2021** 

|**6.**|**Tangible assets**||||
|---|---|---|---|---|
|||Fixtures and|||
|||fittings|Equipment|**Total**|
|||£|£|**£**|
||**Cost**||||
||**At 1 September 2020 and 31 August 2021**|3,916|2,613|6,529|
|||`═══════`|`═══════`|`═══════`|
||**Depreciation**||||
||At 1 September 2020|1,800|1,627|3,427|
||Charge for the year|212|197|409|
|||`───────`|`───────`|`───────`|
||**At 31 August 2021**|2,012|1,824|3,836|
|||`═══════`|`═══════`|`═══════`|
||**Carrying amount**||||
||**At 31 August 2021**|1,904|789|2,693|
|||`═══════`|`═══════`|`═══════`|
||At 31 August 2020|2,116|986|3,102|
|||`═══════`|`═══════`|`═══════`|
|**7.**|**Debtors**||||
||||**2021**|2020|
||||**£**|£|
||Other debtors||–|8|
||||`════`|`════`|
|**8.**|**Creditors:** **amounts falling due within one year**||||
||||**2021**|2020|
||||**£**|£|
||Social security and other taxes||161|–|
||Other creditors||423|887|
||||`────`|`────`|
||||584|887|
||||`════`|`════`|



**7** 



**Burnopfield Playcare Management Information** 

**Year ended 31 August 2021** 

**The following pages do not form part of the accounts.** 

**8** 



## **Burnopfield Playcare** 

## **Detailed Income Statement** 

## **Year ended 31 August 2021** 

||**2021**|2020|
|---|---|---|
||**£**|£|
|**Turnover**|||
|Turnover|55,319|49,431|
|Grant|–|10,000|
||`────────`|`────────`|
||55,319|59,431|
|**Cost of sales**|||
|Books, toys and learning activities|2,040|1,107|
||`────────`|`────────`|
|**Gross profit**|53,279|58,324|
|**Overheads**|||
|Administrative expenses|79,676|85,857|
|**Other operating income**|21,643|23,814|
||`───────`|`───────`|
|**Operating loss**|(4,754)|(3,719)|
||`───────`|`───────`|
|**Loss before taxation**|(4,754)|(3,719)|
||`═══════`|`═══════`|



**9** 



## **Burnopfield Playcare** 

## **Notes to the Detailed Income Statement** 

## **Year ended 31 August 2021** 

||**2021**|2020|
|---|---|---|
||**£**|£|
|**Administrative expenses**|||
|Wages|70,091|76,883|
|Employers national insurance contributions|3,376|–|
|Staff pension contributions|1,054|861|
|Rent|560|560|
|Insurance|431|415|
|Training and Travel|688|1,581|
|Telephone|323|408|
|Office expenses|104|100|
|Software, stationery and postage|80|68|
|Sundry expenses|580|521|
|Advertising|108|148|
|Legal and professional fees (allowable)|–|1,603|
|Accountancy fees|1,872|2,228|
|Depreciation of tangible assets|409|481|
||`────────`|`────────`|
||79,676|85,857|
||`════════`|`════════`|
|**Other operating income**|||
|Employer Allowance|3,583|3,081|
|JRS Grant|18,060|20,733|
||`────────`|`────────`|
||21,643|23,814|
||`════════`|`════════`|



**10**