**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: - £7.50 per hour for those under three years - £6.80 per hour for those over three years (and not yet funded or requiring more than their 15 hours free entitlement) 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: - Halloween Cake Stall (£224) - Toy Sale (£76) - Winter Fair (£198) - Carols on the Green (£302) - Christmas Craft Morning (£268) - Bingo Night (£772) - The Curry Palace = donating a percentage of their takings on an advertised evening, towards us as a charity (£695) - Fen Edge Festival (£2,492.56) 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: - 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 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: - 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 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: - 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 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: - 1- Deprivation funds: sums set aside to support children, in our community, with exceptional circumstances - £735 (2023 - £735) - 2- Training and professional development funds: sums set aside to support staff in their continuous professional development - £nil (2023 - £nil). - 3- Maintenance and Redecoration funds: sums set aside to maintain a clean and safe environment - - £nil (2023 - £nil). - 4- IT funds: sums set aside to ensure our IT system meets the operational requirements - £1,011 (2023 - £1,011). - 5- Garden equipment funds: sums set aside for new outdoor play equipment - £nil (2023 - £nil). 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)