**Charity number: 1034782**
## **THE LADYBIRD PRE-SCHOOL**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 AUGUST 2023**
## **THE LADYBIRD PRE-SCHOOL**
## **CONTENTS**
||Page|
|---|---|
|**Reference and Administrative Details of the Charity, its Trustees and Advisers**|1|
|**Trustees' Report**|2 - 6|
|**Independent Examiner's Report**|7 - 8|
|**Statement of Financial Activities**|9|
|**Balance Sheet**|10|
|**Notes to the Financial Statements**|11 - 22|
## **THE LADYBIRD PRE-SCHOOL**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2023**
## **Trustees**
R Banda (resigned 2nd March 2023) S Beeby (appointed 16th October 2023) H Butrym, Treasurer (appointed 16th October 2023) L Brown (resigned 16th October 2023) J Ellis (resigned 16th October 2023) S Goldsworthy, Chair (appointed 16th October 2023) K James (appointed 16th October 2023) L Poskitt (appointed 1st December 2022, resigned 16th October 2023) S Roumaneas (resigned 16th October 2023) A Valsamaki (resigned 16th October 2023) C Wilson (resigned 16th October 2023)
## **Charity registered number**
1034782
## **Principal office**
King Georges Playing Field Lambs Lane Cottenham CB24 8TB
## **Independent Examiner**
C P J Dougherty, FCA Lakin Rose Limited Chartered Accountants Pioneer House Vision Park Histon Cambridge CB24 9NL
## **Bankers**
The Co-Operative Bank PO Box 250 Delf House Skelmersdale WN8 6WT
Cambridge Building Society 51 Newmarket Road Cambridge CB5 8FF
Page 1
## **THE LADYBIRD PRE-SCHOOL**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2023**
The Trustees present their annual report together with the financial statements of the charity for the period 1 September 2022 to 31 August 2023. The trustees confirm that the annual report and financial statements of the charity comply with current statutory requirements, the requirements of the charity's governing document and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
## **Objectives and activities**
## **a. Policies and objectives**
The charity has the following activities to deliver its principle objectives:
Aim: Our primary aim at Ladybird Pre-school is to create a warm stimulating environment to enable every member young or old to learn and develop while having fun. The environment needs to be accessible, challenging but achievable to all our members with opportunities to take risks.
## Addtional Aims:
1. To ensure children feel safe and secure in our care
2. To form positive and trusting relationships with all our members
3. To provide play experiences for children to learn from and explore
4. To work effectively in partnership with others to maximise everyone’s potential
5. To foster positive dispositions to learning
6. To give everyone the opportunity to develop their confidence, independence, self-esteem, social and emotional skills
7. To ensure everyone at Ladybird Pre-school is aware of and involved in the scheme “Promoting Health in Early Years”.
Our objective is to work hard to ensure we meet our aims.
## Addtional Objectives:
1. To provide activities, events and opportunities to develop learning for all
2. To provide learning activities, training and workshops for all of our members
3. To encourage parents/carers to participate in our organisation maximising their skills, knowledge and abilities
4. To ensure staff have a good understanding as to what constitutes a healthy lifestyle and works in partnership with parents/carers to help keep their children healthy.
Page 2
## **THE LADYBIRD PRE-SCHOOL**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023**
## **Achievements and performance**
## **a. Review of activities**
Our children’s numbers for 2022/23 have continued to increase on the previous year and due to demand, a waiting list remains in place.
We have also seen an increase in the number of SEND children this year and have appointed additional staff to meet this need.
At the AGM, the committee stepping down outlined that during this year the deficit had been more than halved with 7 months reserve being left in the account. Due to the rising cost of living, it was advised for the upcoming new committee to discuss and consider increasing the cost of fees to parents since parental fees make up 23% of income.
Since Covid, this is the first year we have managed to resume to normal fundraising. The following events have been held:
- Carol’s on the Green
- Christmas Fair
- Raffle and Toy Sale at Cottenham Primary School
- Easter Egg Hunt
- The Curry Palace - donating a percentage of their takings, on an advertised evening, towards us as a
- charity
This year, minus expenses we have raised £1,249. The money raised through fundraising has been spent on equipment for the garden.
Over the course of the year we have received Early Years Pupil Premium funding for some children which has been spent on relevant resources and experiences dependent on the needs of individual children in order to further improve their skills and knowledge.
## **Financial review**
## **a. Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Page 3
## **THE LADYBIRD PRE-SCHOOL**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023**
## **b. Reserves policy**
Ladybird Pre-School aims to build and maintain a general fund of reserves to cover 9 months running costs. As at 31 August 2023 the reserves were equal to around 6 months running costs (2022: 7 months). This level of reserves should cover any short term cash flow fluctuations and provide a buffer against unforeseen future emergencies.
These reserves are kept liquid and low risk, by holding them in a bank or building society. Rates of interest are regularly monitored.
In addition to the reserve, designated funds comprise unrestricted funds that have been set aside by Trustees for particular purposes. They are:
- 1- Deprivation funds: sums set aside to support children, in our community, with exceptional circumstances.
- 2- Training and professional development funds: sums set aside to support staff in their continuous professional development.
- 3- Maintenance and Redecoration funds: sums set aside to maintain a clean and safe environment.
- 4- IT funds: sums set aside to ensure IT system meets the operational requirements.
- 5- Garden equipment funds: sums set aside for new outdoor play equipment.
Statement of designated funds: Deprivation funds: £ 735 IT funds: £ 1,011 Training funds: £ nil Maintenance and Redecoration funds: £ nil Garden equipment funds: £ nil
This level of reserves should cover any short-term cash flow fluctuations and provide a buffer against unforeseen future emergencies. This reserve does not allow for any major capital project. Any such project would require independent funding.
The reserves will be built gradually from both fee income and fundraising.
The Trustees review this policy at least annually to ensure that it reflects current business needs.
## **Structure, governance and management**
## **a. Constitution**
The principal object of the charity is to enhance the development and education of children primarily under the statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.
## **b. Methods of appointment or election of Trustees**
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
The Trustees who served during the year and dates of appointment and resignations are shown on page 1.
Page 4
## **THE LADYBIRD PRE-SCHOOL**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023**
## **Structure, governance and management (continued)**
## **c. Organisational structure and decision-making policies**
A committee of parents is elected in the new year at the Annual General Meeting of the Pre-school. The committee are responsible for the running of the group and employ a manager to manage it for them. The manager is responsible to the committee, reports to committee meetings and is supported by one deputy and two senior practitioners. Decisions about the running of the group are made at committee meetings.
## **d. Risk management**
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
## **Plans for future periods**
We continue in our aim to seek out ways to improve and widen our provision for families with young children in Cottenham.
## **Statement of Trustees' responsibilities**
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 5
## **THE LADYBIRD PRE-SCHOOL**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023**
08 Aug 2024 Approved by order of the members of the board of Trustees on and signed on their behalf by:
S Goldworthy (Aug 8, 2024, 10:36am)
**S Goldsworthy** Chair of Trustees
Page 6
## **THE LADYBIRD PRE-SCHOOL**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2023**
## **Independent Examiner's Report to the Trustees of The Ladybird Pre-school ('the charity')**
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 August 2023.
## **Responsibilities and Basis of Report**
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent Examiner's Statement**
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Page 7
## **THE LADYBIRD PRE-SCHOOL**
## **INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023**
This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.
Signed:
Dated: 15 Aug 2024
## Christopher Dougherty (Aug 15, 2024,10:19am) **Christopher Dougherty FCA**
Lakin Rose Limited Chartered Accountants Pioneer House Vision Park Histon Cambridge CB24 9NL
Page 8
## **THE LADYBIRD PRE-SCHOOL**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023**
|**Note**
**Income from:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
7
**Total expenditure**
**Net (expenditure)/income**
Transfers between funds
14
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Restricted**
**funds**
**2023**
**£**
**-**
**16,363**
**-**
**-**
**16,363**
**-**
**19,128**
**19,128**
**(2,765)**
**2,765**
**-**
**-**
**-**
**-**|**Unrestricted**
**funds**
**2023**
**£**
**-**
**239,946**
**3,412**
**310**
**243,668**
**223**
**242,574**
**242,797**
**871**
**(2,765)**
**(1,894)**
**142,574**
**(1,894)**
**140,680**|**Total**
**funds**
**2023**
**£**
**-**
**256,309**
**3,412**
**310**
**260,031**
**223**
**261,702**
**261,925**
**(1,894)**
**-**
**(1,894)**
**142,574**
**(1,894)**
**140,680**|_Total_
_funds_
_2022_
_£_
_2,631_
_230,866_
_3,241_
_236_
_236,974_
_150_
_251,969_
_252,119_
_(15,145)_
_-_
_(15,145)_
_157,719_
_(15,145)_
_142,574_|
|---|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 11 to 22 form part of these financial statements.
Page 9
## **THE LADYBIRD PRE-SCHOOL**
## **BALANCE SHEET AS AT 31 AUGUST 2023**
||||**2023**|||_2022_|
|---|---|---|---|---|---|---|
||**Note**||**£**|||_£_|
|**Fixed assets**|||||||
|Tangible assets|11||**9,193**|||_13,742_|
||||**9,193**|||_13,742_|
|**Current assets**|||||||
|Debtors|12|**1,462**|||_3,679_||
|Cash at bank and in hand||**176,238**|||_153,016_||
|||**177,700**|||_156,695_||
|Creditors: amounts falling due within one|||||||
|year|13|**(46,213)**|||_(27,863)_||
|**Net current assets**|||**131,487**|||_128,832_|
|**Total assets less current liabilities**|||**140,680**|||_142,574_|
|**Total net assets**|||**140,680**|||_142,574_|
|**Charity funds**|||||||
|Restricted funds|14||**-**|||_-_|
|Unrestricted funds|14||**140,680**|||_142,574_|
|**Total funds**|||**140,680**|||_142,574_|
The financial statements were approved and authorised for issue by the Trustees on and08 Aug 2024 signed on their behalf by:
S Goldworthy (Aug 8, 2024, 10:36am)
## **S Goldsworthy**
Chair of Trustees
The notes on pages 11 to 22 form part of these financial statements.
Page 10
## **THE LADYBIRD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **1. General information**
The charity is an unincorporated charity. The address of the charity is King Georges Playing Field, Lambs Lane, Cottenham, Cambridge CB24 8TB.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The Ladybird Pre-school meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Income**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charity where this can be quantified and a thirdparty is bearing the cost. No amounts are included in the financial statements for services donatedby volunteers.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Support costs are those costs incurred directly in support of expenditure on the objects of the charityand include project management carried out at Headquarters.
Costs of generating funds are costs incurred in attracting voluntary income, and those incurred intrading activities that raise funds.
Charitable activities and Governance costs are costs incurred on the charity's educational operations, including support costs and costs relating to the governance of the charity apportioned tocharitable activities.
Page 11
## **THE LADYBIRD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **2. Accounting policies (continued)**
## **2.3 Expenditure (continued)**
All expenditure is inclusive of irrecoverable VAT.
## **2.4 Tangible fixed assets and depreciation**
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicatethat the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of Financial Activities.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
- Fixtures and fittings 25% reducing balance - Improvements to property 10% straight line
## **2.5 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 12
## **THE LADYBIRD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **3. Income from donations and grants**
|Donations
Grants
**Total 2023**
_Total 2022_|**Unrestricted**
**funds**
**2023**
**£**
-
-
-
_2,631_|**Total**
**funds**
**2023**
**£**
**-**
**-**
**-**
_2,631_|_Total_
_funds_
_2022_
_£_
_201_
_2,430_|
|---|---|---|---|
||||_2,631_|
|||||
## **4. Income from charitable activities**
|Pre-School fees
Local authority funding
**Total 2023**
_Total 2022_|**Restricted**
**funds**
**2023**
**£**
-
16,363
16,363
_26,028_|**Unrestricted**
**funds**
**2023**
**£**
61,953
177,993
239,946
_204,838_|**Total**
**funds**
**2023**
**£**
**61,953**
**194,356**
**256,309**
_230,866_|_Total_
_funds_
_2022_
_£_
_53,963_
_176,903_|
|---|---|---|---|---|
|||||_230,866_|
||||||
## **5. Income from fundraising activities Income from fundraising events**
|Events
_Total 2022_|**Unrestricted**
**funds**
**2023**
**£**
3,412
_3,241_|**Total**
**funds**
**2023**
**£**
**3,412**
_3,241_|_Total_
_funds_
_2022_
_£_
_3,241_|
|---|---|---|---|
|||||
Page 13
## **THE LADYBIRD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **6. Investment income**
|Interest on cash deposits
_Total 2022_|**Unrestricted**
**funds**
**2023**
**£**
310
_236_|**Total**
**funds**
**2023**
**£**
**310**
_236_|_Total_
_funds_
_2022_
_£_
_236_|
|---|---|---|---|
|||||
## **7. Analysis of expenditure on charitable activities**
## **Summary by fund type**
|Support costs
Direct costs
_Total 2022_|**Restricted**
**funds**
**2023**
**£**
-
19,128
19,128
_26,074_|**Unrestricted**
**funds**
**2023**
**£**
54,683
187,891
242,574
_225,895_|**Total**
**2023**
**£**
**54,683**
**207,019**
**261,702**
_251,969_|_Total_
_2022_
_£_
_64,342_
_187,627_|
|---|---|---|---|---|
|||||_251,969_|
||||||
## **8. Analysis of expenditure by activities**
|Support costs
Direct costs
_Total 2022_|**Activities**
**undertaken**
**directly**
**2023**
**£**
-
207,019
207,019
_187,627_|**Support**
**costs**
**2023**
**£**
54,683
-
54,683
_64,342_|**Total**
**funds**
**2023**
**£**
**54,683**
**207,019**
**261,702**
_251,969_|_Total_
_funds_
_2022_
_£_
_64,342_
_187,627_|
|---|---|---|---|---|
|||||_251,969_|
||||||
Page 14
**THE LADYBIRD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **8. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs**
|Staff costs
Classroom consumables
School trips
Groceries and milk
_Total 2022_
**Analysis of support costs**
Staff costs
Depreciation
Insurance
General expenses
Advertising
Premises expenses
Training
Accountancy fees
Payroll bureau fees
Subscriptions
Recruitment
Office costs
_Total 2022_|**Pre-School**
**2023**
**£**
198,677
6,263
244
1,835
207,019
_187,627_
**Pre-School**
**2023**
**£**
17,769
4,549
1,764
4,616
-
18,631
1,116
2,301
2,198
593
-
1,146
54,683
_64,342_|**Total**
**funds**
**2023**
**£**
**198,677**
**6,263**
**244**
**1,835**
**207,019**
_187,627_
**Total**
**funds**
**2023**
**£**
**17,769**
**4,549**
**1,764**
**4,616**
**-**
**18,631**
**1,116**
**2,301**
**2,198**
**593**
**-**
**1,146**
**54,683**
_64,342_|_Total_
_funds_
_2022_
_£_
_177,946_
_6,868_
_256_
_2,557_|
|---|---|---|---|
||||_187,627_|
||||_Total_
_funds_
_2022_
_£_
_26,890_
_5,315_
_1,639_
_5,064_
_246_
_18,144_
_190_
_1,794_
_2,132_
_1,149_
_951_
_828_|
||||_64,342_|
|||||
Page 15
## **THE LADYBIRD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **9. Staff costs**
|Wages and salaries
Social security costs
Pension costs|**2023**
**£**
**211,329**
**2,611**
**2,505**
**216,445**|_2022_
_£_
_199,557_
_2,859_
_2,420_|
|---|---|---|
||||
|||_204,836_|
The average number of persons employed by the charity during the year was as follows:
|Supervisors
Deputies
Practitioners
Administration
General maintenance|**2023**
**No.**
**2**
**3**
**14**
**1**
**1**
**21**|_2022_
_No._
_2_
_1_
_11_
_3_
_1_|
|---|---|---|
||||
|||_18_|
No employee received remuneration amounting to more than £60,000 in either year.
## **10. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2022 - £NIL)_ .
During the year ended 31 August 2023, no Trustee expenses have been incurred _(2022 - £70)_ .
Page 16
## **THE LADYBIRD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **11. Tangible fixed assets**
|**Cost or valuation**
At 1 September 2022
At 31 August 2023
**Depreciation**
At 1 September 2022
Charge for the year
At 31 August 2023
**Net book value**
At 31 August 2023
_At 31 August 2022_|**Fixtures and**
**fittings**
**£**
**36,146**
**36,146**
**27,537**
**2,152**
**29,689**
**6,457**
_8,609_|**Other fixed**
**assets**
**£**
**42,319**
**42,319**
**37,186**
**2,396**
**39,582**
**2,737**
_5,133_|**Total**
**£**
**78,465**|
|---|---|---|---|
||||**78,465**|
||||**64,723**
**4,548**|
||||**69,271**|
||||**9,194**
_13,742_|
Page 17
## **THE LADYBIRD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **12. Debtors**
|**Due within one year**
Trade debtors
Prepayments and accrued income|**2023**
**£**
**325**
**1,137**
**1,462**|_2022_
_£_
_1,897_
_1,782_|
|---|---|---|
||||
|||_3,679_|
## **13. Creditors: Amounts falling due within one year**
|Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income|**2023**
**£**
**-**
**373**
**453**
**45,387**
**46,213**|_2022_
_£_
_1,140_
_1,183_
_488_
_25,052_|
|---|---|---|
||||
|||_27,863_|
Page 18
## **THE LADYBIRD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **14. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
**Designated funds**
Designated Funds - all funds
**General funds**
General Funds
**Total Unrestricted funds**
**Restricted funds**
1:1 Student Support
**Total of funds**|**Balance at 1**
**September**
**2022**
**£**
**2,026**
**140,548**
**142,574**
**-**
**142,574**|**Income**
**£**
**-**
**243,668**
**243,668**
**16,363**
**260,031**|**Expenditure**
**£**
**(2,442)**
**(240,355)**
**(242,797)**
**(19,128)**
**(261,925)**|**Transfers**
**in/out**
**£**
**Balance at 31**
**August 2023**
**£**
**2,162**
**1,746**
**(4,927)**
**138,934**
**(2,765)**
**140,680**
**2,765**
**-**
**-**
**140,680**|
|---|---|---|---|---|
The 1:1 student support represents grants received towards the cost of one to one support for special needs children.
The designated funds are as follows:
- 1- Deprivation funds: sums set aside to support children, in our community, with exceptional circumstances - £735 (2022 - £735)
- 2- Training and professional development funds: sums set aside to support staff in their continuous professional development - £nil (2022 - £280).
- 3- Maintenance and Redecoration funds: sums set aside to maintain a clean and safe environment -
- £nil (2021 - £nil).
- 4- IT funds: sums set aside to ensure our IT system meets the operational requirements - £1,011 (2022 - £1,011).
- 5- Garden equipment funds: sums set aside for new outdoor play equipment - £nil (2022 - £nil).
Page 19
## **THE LADYBIRD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **14. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Unrestricted funds**
**Designated funds**
Designated Funds - all funds
**General funds**
General Funds
**Total Unrestricted funds**
**Restricted funds**
1:1 Student Support
**Total of funds**|_Balance at_
_1 September_
_2021_
_£_
_2,216_
_155,457_
_157,673_
_46_
_157,719_|_Income_
_£_
_-_
_210,946_
_210,946_
_26,028_
_236,974_|_Expenditure_
_£_
_(2,032)_
_(224,013)_
_(226,045)_
_(26,074)_
_(252,119)_|_Transfers_
_in/out_
_£_
_1,842_
_(1,842)_
_-_
_-_
_-_|_Balance at_
_31 August_
_2022_
_£_
_2,026_|
|---|---|---|---|---|---|
||||||_140,548_|
||||||_142,574_|
||||||_-_|
||||||_142,574_|
Page 20
## **THE LADYBIRD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **15. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**|**Unrestricted**
**funds**
**2023**
**£**
9,193
177,700
(46,213)
140,680|**Total**
**funds**
**2023**
**£**
**9,193**
**177,700**
**(46,213)**|
|---|---|---|
|||**140,680**|
## **Analysis of net assets between funds - prior year**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**|_Unrestricted_
_funds_
_2022_
_£_
_13,742_
_156,695_
_(27,863)_
_142,574_|_Total_
_funds_
_2022_
_£_
_13,742_
_156,695_
_(27,863)_|
|---|---|---|
|||_142,574_|
## **16. Operating lease commitments**
At 31 August 2023 the charity had commitments to make future minimum lease payments under noncancellable operating leases as follows:
|**Amounts payable:**
Within 1 year
Between 1 and 5 years
After more than 5 years|**2023**
**£**
**6,620**
**26,480**
**44,133**
**77,233**|_2022_
_£_
_6,620_
_26,480_
_50,753_|
|---|---|---|
||||
|||_83,853_|
Page 21
## **THE LADYBIRD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **17. Related party transactions**
The children of some of the Trustees attend the nursery. The children's attendance at the nursery is on the same terms as other children in their age groups.
Page 22
## **Issuer**
Lakin Rose Limited
**Document generated** Thu, 18th Jul 2024 14:56:18 BST
**Document fingerprint** 0e5623277a168e5a0562cf96b59e82db
## **Parties involved with this document**
## **Document processed**
## **Party + Fingerprint**
Thu, 8th Aug 2024 10:36:42 BST Thu, 15th Aug 2024 10:19:08 BST
## **Audit history log**
## **Date**
Thu, 18th Jul 2024 14:56:18 BST Thu, 18th Jul 2024 14:56:18 BST Thu, 18th Jul 2024 15:00:15 BST Thu, 18th Jul 2024 15:00:16 BST Thu, 18th Jul 2024 15:00:16 BST
Thu, 18th Jul 2024 15:00:16 BST Thu, 18th Jul 2024 15:15:25 BST Fri, 19th Jul 2024 0:53:02 BST Tue, 30th Jul 2024 11:35:52 BST Thu, 8th Aug 2024 10:22:53 BST Thu, 8th Aug 2024 10:26:11 BST Thu, 8th Aug 2024 10:36:42 BST Thu, 8th Aug 2024 10:36:43 BST Thu, 15th Aug 2024 10:17:03 BST Thu, 15th Aug 2024 10:19:08 BST Thu, 15th Aug 2024 10:19:08 BST Thu, 15th Aug 2024 10:19:09 BST
S Goldworthy - Signer (5c5e482c0f15a44165428b9a9856cc19) Christopher Dougherty - Signer (5a2d7ab0941aaf231ff09c443de0aa7f) **Action** Envelope generated by Natalie Peacock89.38.125.26 Document generated with fingerprint 0e5623277a168e5a0562cf96b59e82db89.38.125.26 Sent the envelope to S Goldworthy (trustees@ladybirdscottenham.co.uk) for signing89.38.125.26 Document emailed to trustees@ladybirdscottenham.co.uk13.42.65.94 Sent the envelope to Christopher Dougherty (chris.dougherty@lakinrose.co.uk) for signing89.38.125.26 Document emailed to chris.dougherty@lakinrose.co.uk3.9.173.68 Christopher Dougherty viewed the envelope89.38.125.26 S Goldworthy opened the document email.172.226.0.16 Christopher Dougherty viewed the envelope89.38.125.26 S Goldworthy viewed the envelope51.19.205.37 S Goldworthy viewed the envelope51.19.205.37 S Goldworthy signed the envelope51.19.205.37 S Goldworthy viewed the envelope51.19.205.37 Christopher Dougherty viewed the envelope62.31.185.2 Christopher Dougherty signed the envelope62.31.185.2 This envelope has been signed by all parties62.31.185.2 Christopher Dougherty viewed the envelope62.31.185.2