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2024-08-31-accounts

Charity number: 1034782

THE LADYBIRD PRE-SCHOOL

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

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 2024

Trustees

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 Cambridge House Camboro Business Park Girton Cambridge CB3 0QH

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 2024

The Trustees present their annual report together with the financial statements of the charity for the period 1 September 2023 to 31 August 2024. 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 2024

Achievements and performance

a. Review of activities

The changes this year to free childcare, if you are a working parent, has subsequently seen a rise in the number of children attending our pre-school setting. Due to demand, a waiting list remains in place.

Like many other childcare providers, we face rising costs for supplies, staff wages and other operational expenses due to the rising cost of living. As a result, the committee made the decision to increase parental fees for children attending our setting.

Effective from 1st April 2024, the new fees were increased to the following:

The voluntary snack/administration fee was also renamed to 'voluntary consumable charge' and as a committee we agreed to double the charge from £15.00 to £30.00 per child per term.

This year, the National Living wage saw an increase of 9.8% to £11.44 per hour. As a committee, we made the decision that all staff members would benefit from this increase, not just those on minimum wage. All staff wages went up by an extra £1.00 per hour.

We have had an extremely successful year of fundraising. We have raised an amazing total of £6,227.56 from the following charity events:

We are also extremely grateful, as a parent of a child who attends Ladybirds, took part in this year's Cambridge Half Marathon and raised a total of £1,200.

The money we have raised from the above events has been spent on building the pre-school's sensory garden and designated sensory room.

It is worth noting, this year The Parish Council has worked closely with Ladybirds Pre School allocating their funds to mend the leaks and replace parts of the roof, place down a new patio, and refurbish the toilets and oversee the installation of a new boiler.

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 2024

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 2024 the reserves were equal to around 10 months running costs (2022: 6 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:

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 2024

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:

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 2024

Approved by order of the members of the board of Trustees on and signed on their behalf26 Feb 2025 by:

S Goldworthy (Wed, 26th Feb 2025 14:02:05 GMT) S Goldsworthy Chair of Trustees

Page 6

THE LADYBIRD PRE-SCHOOL

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2024

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 2024.

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 2024

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: Lakin Rose Limited (Wed, 26th Feb 2025 15:57:19 GMT)

Dated:

26 Feb 2025

Christopher Dougherty FCA

Lakin Rose Limited Chartered Accountants Cambridge House Camboro Business Park Girton Cambridge CB3 0QH

Page 8

THE LADYBIRD PRE-SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024

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
2024
£
-
13,622
-
-
13,622
-
36,983
36,983
(23,361)
23,361
-
-
-
-		 Unrestricted
funds
2024
£
645
281,245
10,187
3,388
295,465
2,845
234,556
237,401
58,064
(23,361)
34,703
140,680
34,703
175,383		 Total
funds
2024
£
645
294,867
10,187
3,388
309,087
2,845
271,539
274,384
34,703
-
34,703
140,680
34,703
175,383		 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

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 2024

2024 2023
Note £ £
Fixed assets
Tangible assets 11 5,233 9,193
5,233 9,193
Current assets
Debtors 12 2,784 1,462
Cash at bank and in hand 227,874 176,238
230,658 177,700
Creditors: amounts falling due within one
year 13 (60,508) (46,213)
Net current assets 170,150 131,487
Total assets less current liabilities 175,383 140,680
Total net assets 175,383 140,680
Charity funds
Restricted funds 14 - -
Unrestricted funds 14 175,383 140,680
Total funds 175,383 140,680

The financial statements were approved and authorised for issue by the Trustees on and26 Feb 2025 signed on their behalf by:

~~..............................................~~ S Goldworthy (Wed, 26th Feb 2025 ..

S Goldsworthy 14:02:05 GMT) 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 2024

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 2024

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:

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 2024

3. Income from donations and grants

Donations
Income from charitable activities
Pre-School fees
Local authority funding
Total 2024
Total 2023		 Restricted
funds
2024
£
-
13,622
13,622
16,363		 Unrestricted
funds
2024
£
645
Unrestricted
funds
2024
£
45,816
235,429
281,245
239,946		 Total
funds
2024
£
645
Total
funds
2024
£
45,816
249,051
294,867
256,309		 Total
funds
2023
£
-
Total
funds
2023
£
61,953
194,356
256,309

4. Income from charitable activities

5. Income from fundraising activities Income from fundraising events

Events
Total 2023		 Unrestricted
funds
2024
£
10,187
3,412		 Total
funds
2024
£
10,187
3,412		 Total
funds
2023
£
3,412

Page 13

THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

6. Investment income

Interest on cash deposits
Total 2023		 Unrestricted
funds
2024
£
3,388
310		 Total
funds
2024
£
3,388
310		 Total
funds
2023
£
310

7. Analysis of expenditure on charitable activities

Summary by fund type

Support costs
Direct costs
Total 2023		 Restricted
funds
2024
£
-
36,983
36,983
19,128		 Unrestricted
funds
2024
£
50,496
184,060
234,556
242,574		 Total
2024
£
50,496
221,043
271,539
261,702		 Total
2023
£
54,683
207,019
261,702

8. Analysis of expenditure by activities

Support costs
Direct costs
Total 2023		 Activities
undertaken
directly
2024
£
-
221,043
221,043
207,019		 Support
costs
2024
£
50,496
-
50,496
54,683		 Total
funds
2024
£
50,496
221,043
271,539
261,702		 Total
funds
2023
£
54,683
207,019
261,702

Page 14

THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

8. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs
Classroom consumables
School trips
Groceries and milk
Total 2023
Analysis of support costs
Staff costs
Depreciation
Insurance
General expenses
Advertising
Premises expenses
Training
Accountancy fees
Payroll bureau fees
Subscriptions
Office costs
Equipment rental
Total 2023		 Pre-School
2024
£
210,161
7,921
620
2,341
221,043
207,019
Pre-School
2024
£
10,006
3,960
1,935
1,888
540
21,764
258
2,344
2,195
1,964
1,428
2,214
50,496
54,683		 Total
funds
2024
£
210,161
7,921
620
2,341
221,043
207,019
Total
funds
2024
£
10,006
3,960
1,935
1,888
540
21,764
258
2,344
2,195
1,964
1,428
2,214
50,496
54,683		 Total
funds
2023
£
198,677
6,263
244
1,835
207,019
Total
funds
2023
£
17,769
4,549
1,764
4,616
-
18,631
1,116
2,301
2,198
593
1,146
-
54,683

Page 15

THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

9. Staff costs

Wages and salaries
Social security costs
Pension costs		 2024
£
213,347
3,844
2,976
220,167		 2023
£
211,329
2,611
2,505
216,445

The average number of persons employed by the charity during the year was as follows:

Supervisors
Deputies
Practitioners
Administration
General maintenance		 2024
No.
2
1
13
2
1
19		 2023
No.
2
3
14
1
1
21

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 (2023 - £NIL) .

During the year ended 31 August 2024, expenses totalling £ 41 were reimbursed or paid directly to 3 Trustees (2023 - £NIL ) relating to expenditure incurred on behalf of the charity.

Page 16

THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

11. Tangible fixed assets

Cost or valuation
At 1 September 2023
At 31 August 2024
Depreciation
At 1 September 2023
Charge for the year
At 31 August 2024
Net book value
At 31 August 2024
At 31 August 2023		 Fixtures and
fittings
£
36,146
36,146
29,689
1,614
31,303
4,843
6,457		 Other fixed
assets
£
42,319
42,319
39,583
2,346
41,929
390
2,736		 Total
£
78,465
78,465
69,272
3,960
73,232
5,233
9,193

Page 17

THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

12. Debtors

Due within one year
Trade debtors
Prepayments and accrued income		 2024
£
344
2,440
2,784		 2023
£
325
1,137
1,462

13. Creditors: Amounts falling due within one year

Other taxation and social security
Other creditors
Accruals and deferred income		 2024
£
1,026
450
59,032
60,508		 2023
£
373
453
45,387
46,213

Page 18

THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

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
2023
£
1,746
138,934
140,680
-
140,680		 Income
£
-
295,465
295,465
13,622
309,087		 Expenditure
£
(3,103)
(234,298)
(237,401)
(36,983)
(274,384)		 Transfers
in/out
£
Balance at 31
August 2024
£
3,103
1,746
(26,464)
173,637
(23,361)
175,383
23,361
-
-
175,383

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:

Page 19

THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

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
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
£
2,162
(4,927)
(2,765)
2,765
-		 Balance at
31 August
2023
£
1,746
138,934
140,680
-
140,680

Page 20

THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

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
2024
£
5,233
230,658
(60,508)
175,383		 Total
funds
2024
£
5,233
230,658
(60,508)
175,383

Analysis of net assets between funds - prior 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

16. Operating lease commitments

At 31 August 2024 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		 2024
£
8,644
32,045
37,513
78,202		 2023
£
6,620
26,480
44,133
77,233

Page 21

THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

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

Issuer Lakin Rose Limited Document generated Mon, 2nd Dec 2024 10:40:02 GMT Document fingerprint 22aca391222328a29b9a421d2ff9e560

Parties involved with this document

Document processed

Wed, 26th Feb 2025 14:02:05 GMT Wed, 26th Feb 2025 15:57:19 GMT

Party + Fingerprint S Goldworthy - Signer (96b523bfd0fa33fe7842868511d3c1ad) Lakin Rose Limited - Signer (5f79322794b435fbc7c814f798736d6e)

Audit history log

Date

Wed, 26th Feb 2025 15:57:19 GMT Wed, 26th Feb 2025 15:57:19 GMT Wed, 26th Feb 2025 15:57:19 GMT Wed, 26th Feb 2025 15:55:49 GMT Wed, 26th Feb 2025 14:02:05 GMT Wed, 26th Feb 2025 14:02:05 GMT Wed, 26th Feb 2025 14:02:05 GMT

Wed, 26th Feb 2025 14:02:05 GMT Wed, 26th Feb 2025 14:01:09 GMT Wed, 1st Jan 2025 14:35:18 GMT Wed, 1st Jan 2025 14:35:06 GMT Wed, 18th Dec 2024 11:39:41 GMT Wed, 18th Dec 2024 11:39:27 GMT Wed, 18th Dec 2024 11:39:20 GMT Mon, 2nd Dec 2024 12:54:28 GMT Mon, 2nd Dec 2024 10:42:20 GMT

Mon, 2nd Dec 2024 10:42:20 GMT Mon, 2nd Dec 2024 10:40:02 GMT

Action Lakin Rose Limited viewed the envelope (62.31.185.2) This envelope has been signed by all parties (62.31.185.2) Lakin Rose Limited signed the envelope (62.31.185.2) Lakin Rose Limited viewed the envelope (62.31.185.2) S Goldworthy viewed the envelope (31.94.74.182) Document emailed to chris.dougherty@lakinrose.co.uk (13.40.194.108) Sent the envelope to Lakin Rose Limited (chris.dougherty@lakinrose.co.uk) for signing (31.94.74.182) S Goldworthy signed the envelope (31.94.74.182) S Goldworthy viewed the envelope (31.94.74.182) S Goldworthy viewed the envelope (151.229.107.161) S Goldworthy opened the document email. (87.248.116.147) S Goldworthy viewed the envelope (80.5.202.231) S Goldworthy viewed the envelope (31.94.14.60) S Goldworthy opened the document email. (31.94.14.60) S Goldworthy opened the document email. (172.226.183.19) Document emailed to trustees@ladybirdscottenham.co.uk (35.178.183.182) Sent the envelope to S Goldworthy (trustees@ladybirdscottenham.co.uk) for signing (62.31.185.2) Document generated with fingerprint 22aca391222328a29b9a421d2ff9e560 (62.31.185.2)

Mon, 2nd Dec 2024 10:40:02 GMT Envelope generated by Natalie Peacock (62.31.185.2)