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REGISTERED NUMBER: 03722306 (England and Wales)















ABC RAINBOW DAY NURSERIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017






ABC RAINBOW DAY NURSERIES LIMITED (REGISTERED NUMBER: 03722306)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABC RAINBOW DAY NURSERIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTOR: Mrs M C M Argentieri





SECRETARY: Mr L F Argentieri





REGISTERED OFFICE: 15 High Street
Brackley
Northamptonshire
NN13 7DH





REGISTERED NUMBER: 03722306 (England and Wales)





ACCOUNTANTS: Blencowes
15 High Street
Brackley
Northamptonshire
NN13 7DH

ABC RAINBOW DAY NURSERIES LIMITED (REGISTERED NUMBER: 03722306)

BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Property, plant and equipment 5 575,879 581,312
575,880 581,313

CURRENT ASSETS
Debtors 6 113,903 116,063
Cash at bank and in hand 76,783 53,083
190,686 169,146
CREDITORS
Amounts falling due within one year 7 483,156 555,850
NET CURRENT LIABILITIES (292,470 ) (386,704 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

283,410

194,609

PROVISIONS FOR LIABILITIES 9,135 13,629
NET ASSETS 274,275 180,980

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 274,273 180,978
SHAREHOLDERS' FUNDS 274,275 180,980

ABC RAINBOW DAY NURSERIES LIMITED (REGISTERED NUMBER: 03722306)

BALANCE SHEET - continued
31 MARCH 2017


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 profit or loss 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 14 December 2017 and were signed by:





Mrs M C M Argentieri - Director


ABC RAINBOW DAY NURSERIES LIMITED (REGISTERED NUMBER: 03722306)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

1. STATUTORY INFORMATION

ABC Rainbow Day Nurseries Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 50% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

ABC RAINBOW DAY NURSERIES LIMITED (REGISTERED NUMBER: 03722306)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 52 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2016
and 31 March 2017 61,600
AMORTISATION
At 1 April 2016
and 31 March 2017 61,599
NET BOOK VALUE
At 31 March 2017 1
At 31 March 2016 1

5. PROPERTY, PLANT AND EQUIPMENT
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 April 2016
and 31 March 2017 528,301 26,695 77,486
DEPRECIATION
At 1 April 2016 - - 52,734
Charge for year - - 3,869
At 31 March 2017 - - 56,603
NET BOOK VALUE
At 31 March 2017 528,301 26,695 20,883
At 31 March 2016 528,301 26,695 24,752

ABC RAINBOW DAY NURSERIES LIMITED (REGISTERED NUMBER: 03722306)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

5. PROPERTY, PLANT AND EQUIPMENT - continued

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2016
and 31 March 2017 2,637 8,401 643,520
DEPRECIATION
At 1 April 2016 1,318 8,156 62,208
Charge for year 1,319 245 5,433
At 31 March 2017 2,637 8,401 67,641
NET BOOK VALUE
At 31 March 2017 - - 575,879
At 31 March 2016 1,319 245 581,312

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 355 355
Loan 109,129 112,189
Taxation recoverable 3,315 3,315
Prepayments and accrued income 1,104 204
113,903 116,063

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 392,943 418,445
Trade creditors 666 10,197
Tax 23,566 24,344
Social security and other taxes 5,541 5,227
Wages 48,808 38,858
Other creditors 4,446 3,677
Directors' current accounts 54 51,485
Accrued expenses 7,132 3,617
483,156 555,850

8. RELATED PARTY DISCLOSURES

During the year to 31 March 2017 the company paid the director rent totalling £9,400.
During the year dividends totalling £10,250 (2016 - £27,648) were paid to the director.

At the balance sheet date the company owed the director £54 (2016 - £51,484).

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party in this or the previous accounting period.