CRAMLIN13TON KIDS CLUB LIMITED Eastlea Prirnary School Durharn Road Crarnlington NorLhumberland FINANCIAL ACCOUIITS FOR TEE YEAR ENDED 28 FEBRUARY 2025 One Two One ccountauts Limited
CRAMLINGTON KIDS CLUB LIMITED FINANCIAL ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2025 CONTENTS Directors and Trustees Annual Report Accountants Report staternent of Financial Activities Balance sheet Notes to the Accounts Detailed Statement of Financial Activities
la. CRAMLINGTON KIDS CLUB LIMITED DIRECTORS AND TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 28 FEBRUARY 2025 We present our annual report with the accounts of the company for the above year. REFERENCE AND ADMINISTRATIVE DETAILS We are a cornpany limited by guarantee, not having a share capital, (Company Nurnber 31613541 and a Registered Charity (No 10639271 and have operated succes8fully since incorporation on 19 February 1996. Our bankers are Earclays Bank Plc, Town Centre, Crarnlington, NOrthUnerIana. We appoint Solicitors as necessary. OBJECT AND POLICIES Our Object continues to be to provide low cost, high quality and f lexible childcare to the area of Crarnlington and surrounding community. We refer to Charity COrtniSsion guidance on Public Benefit when reviewing our aims and obj ectives, and ensure that future plans remain focused on their achievement. Funding limits our activities, but no-one appropriate to our aims is excluded. Equal access to our services is important to us, and we prornote local understanding of our work. STRUCTURE GOVERNANCE AND MANAQEXENT DirectorB/Tru8tees The following have served throughout the year: H L Morris (Chairl S Devine (Company Secretary), M Morris, L S Williamson, L Davidson, L Hunter and S Conroy. All concerned give their time voluntarily and receive no benefit. Recrultwent and Appointment of Directors/Trustees The Directors/Trustees seek to ensure that the users needs are reflected through the diversity of the Director/Trustee body. To enhance the potential pool of Directors/Trustees, selected individuals who may wish to become Directors/ Trustees are approached as necessary. Director8/Trustees are re-appointed annually. Dlre¢tor/Trustee Illductiou and Training New Director8/Trustees are actively encouraged by the existing Directors/ Trustees, having regard to any specialist skills required. New Directors/ Trustees are briefed on their legal obligation8 under company and charity law, our Mernorandum and Articles of Association, the Comrnittee and the decision rnaking process, future plans and recent performance. They are encouraged to attend appropriate training, and made aware of relevant publications. Feedback is encouraged. Rlsk Assessment We have assessed (and reviewed regularly) the rnajor risks to which we are and are exposed, in particular those related to our operations and f inances, satisfied that systerns are in place to rnitigate our exposure. No major risks have been identified. A key element in our manageTnent of financial risk is the setting and regular review of our Reserves policy. RESERVES POLICY Free Reserves are those funds not tied up in Fixed Assets or Designated/ Restricted Funds. We forecast the level of reserves required to sustain operations, should income-generating acLivitie8 be curtailed. Free reserves increased from £58, 360 to £157.291 during the year, equating to approxirnately 3. 3 months of expenditure. Whilst the current level of reserves may prove suf ficient, it is our view that it is prudent to ensure that there are suff icient free reserves to provide f inancial flexibility over the course of the f orthcoming challenges. Continued
Ib. CRkMLINGTON KIDS CLUB LIMITED DIRECTORS AND TRUSTEES ANNUAL REPORT CONTINUED FOR THE YEAR ENDED 28 FEBRUARY 2025 DEVEWPMENTS, ACTIVITIES AND ACHIEVEMENTS During the year, we have concentrated on updating our equipment and maintaining our buildings, epecially our roof . FINANCIAL REVIEW Our state of affairs continues to be satisfactory, as detailed in the attached £inancial staLernents. Our assets continue to be adequate and available to fulf il our obligations. FUTURE DEVELOPMENTS We intend to continue to strive to maintain the high quality of the services which we provide, with on going roof maintenanceand extension of our secret garden. STATEMENT OF DIRECTORS TRUSTEBS RESPONSIBILITIES Law applicable to companies and charities in England & Wales requires US to prepare financial staLernents for each f inancial year which give a true and fair view of our financial activities during the year and of our financial position at the end of the year. In preparing financial statements giving a true and fair view, we should follow best practice and select suitable accounting policies and then apply them consistently; rnake judgernents and estimates that are reasonable and prudent,. state whether applicable accounting standards and statements of recomrnended practice have been followed, subject to any departures disclosed and explained in the f inancial statement8; prepare the financial staternents on a going concern basis unless it is inappropriate to presurne that we will continue in operation. We are responsible for keeping accounting records which disclose with reasonable accuracy our f inancial position and which enable us to ascertain our financial position and which enable us to ensure that the financial staternents comply with applicable law. We are also responsible for safeguarding our assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. SEIALL COMFANY EXE14PTIONS This report 18 prepared in accordance with the provisions applicable to cornpanies subject to the srnall cornpanies regirne. Signed Signed H L Morris Director S Devine Company Secretary INSERT DATE
ACCOUNTANTIS REPORT TO TEE BOARD OF DIRECTORS TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF CRAMLINGTON KIDS CLUB LIMITED FOR THE YUR ENDED 28 FEBRUARY 2025 In order to assist you to fulfil your duties under the Companies Act 2006, We have prepared for your approval the accounts of Cramlington Kids Club Limited for the year ended 28 February 2025 from the company's accounting records and from information and explanations you have given us. This report is made solely for the Board of Directors/Trustees of Cramlington Kids Club Limited, as a body. Our work has been undertaken solely to prepare for your approval the accounts of Cramlington Kids Club Limited and state those matters that We have agreed to state to them, as a body to the fullest extent permitted by law. We do not accept or assume resposibility to anyone other than Cramlington Kids Club Limited and its Board of Directors/Trustees as a body for our work f or this report. It is our duty to ensure that Cramlington Kids Club Lirnited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and Income and Expenditure of Cramlington Kids Club Limited. You consider that Cramlington Kids Club Limited is exernpt from the statutory audit requirements for the year. We have n been instructed to carry out an audit or a review of the accounts of Cramlingto Kids Club Lirnited. For this reason, we have not verified the accuracy or cornpletness of the accounting records or information and explanations you have given us and we do not, therefore, express any opinion on the statutory accounts OneTwoOne Accounts Limited 44 Astley Road Seaton Delaval Whitley Bay Tyne & Wear NE25 ODG 0191 3387374 l August 2025
CRAMLINGTON XIDS CLUB LIMIT3D STATEI4ENT OF FINA14CXAL ACTIVITIES INCLUDING INCOME AND EXPENDITUR3 ACCOUNT YOR TEB YEAK ENDED 28 FEBRUARY 2025 2025 INCOME FR014 1 Activities to further our objective8: 660,863 50 518.362 Child Care Fees Grants Received 660, 913 518.362 Investment income: Bank Interst Received 1,752 i.iio 662, 665 519.470 UPENDITURE ON: 566,367 545. 147 Operating Expendlture 96,298 125,677) NET MOVEMENT IN FUNDS 128, 893 154.570 Total Funds Brought Forward Total Fimds Carried Forward 225. 191 128.893 None of our activities were acquired or discontinued and there were no recognised gains or losses other than as shown above during the above two f inancial years. The notes on page 5 form part of these accounts. Scanned with C5 Camscanner
CL4XLINGTON KIDS CLUB L1141TED Company Nurnber 03161354 BALANCE SHEET AS AT 28 FEBRUARY 2025 Notes 2025 2024 FIXED ASSETS Tangible Asset8 67,899 70,533 CURRENT ASSETS Debtors Cash at Bank and in Hand 21,323 176,496 35,283 96,028 197,819 131,311 CREDITORS Amounts Fal ling Due within One Year 140,5281 172, 9511 NET CURRENT ASSETS 157,291 58,360 TOTAL ASSETS LESS CURRENT LIABILITIES £ 225,190 £ 128,893 CAPITAL AND RESERVES Profit and Los8 Account 225, 190 128, 893 TOTAL SHAREHOLDERS I FUNDS £ 225,190 £ 128,893 For the year ended 28 February 2025, the company was entitled to exemption frorn audit under section 477121 of the Companies Act 2006 relating to the small companies regime. The MeerS have not required the company to obtain an audit in accordance with Section 476 of the Cornpanies Act 2006. The directors acknowledge their responsibility f or: ensuring the company keeps accounting records that cornply with section 386 and -preparing the accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year end and of its Income and Expenditure for the financial year, in accordance with the requirements of Section 393, which itherwise cornply with the requirernents of the Cornpanies Act relating to accounts, so tar as is applicable to the company. These accounts are prepared in accordance with the provisions applicable to Companies subject to the small cornpanies regirne. Signed on behalf of the board 0£ directors H L morris Dlrector S Diviue Company Secretary These f inancial statements were authorised for issue ny the Board of Directors on l August 2025.
CRAKLINGTON KIDS CLUB LIMITED 5a NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2025 ACCOUNTING POLICIES Basls of Accountin The principal accounting policies adopted and judgements made in the preparation of the f inancial accounts are: The f inancial accounts have been prepared in accordance with Accounting and Reporting by Charities: Staternent of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Lhe UK and Republic of Ireland IFRS 1021 leffective l January 20151 (Charities SORP IFRS 10211 and the Financial Reporting standard applicable in the UK and Ireland IFRS 1021 As we meet the def inition of a public benefit entity, assets and liabilities are initially recognised at historical cost or transaction value, unless otherwise stated. Unrestricted funds are available for use at the discretion of the Directors/Trustees in f urtherance of our general objectives. Restricted funds are subject to restrictions on their expenditure imposed by the donor. Income All Income is included in the Staternent of Financial Activities when we are entitled to the Incorne and the arnount can be quantif led with reasonable accuracy. The following specif ic policies are applied to particular categories of Income Incorne received by way of Donations, Legacies etc is included in the statement of Financial Activities when receivable. Where entitlement is not conditional on the delivery of a specific perforrnance by ourselves, rnonies are recognised when we become unconditionally entitled to them. Monies related Lo performance and specific deliverables are accounted for as we earn the right to consideration by our performance. Investrnent Incorne is included when receivable. The value of services provided by volunteers has not been included in these accounts. enditure Expenditure is recognised on an accruals basis, including VAT. It comprises those costs incurred in the delivery of our activities and services. It includes both costs that can be allocated Lo such activities and those costs of an indirect nature necessary to support them. Tan ible Flxed Asset8 Depreciation is provided on Freehold Property on a straight line basis calculated to reduce the asset to its estimated residual value over its useful working life. Depreciation is provided on Motor Vehicles on a reducing balance basis in order to write off each asset over its estimated useful life at 25* per annum. TLUTION As a Registered Charity, we have no liability to taxation.
CRANLINGTON KIDS CLUB LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2025 2025 NET MOVEMENT IN FUNDS This is stated af ter cbarglng: Depreciation of Tangible Fixed Assets 2,634 3,044 staff costs were as follow8: Wages and Salaries Social Security Costs staf f Pension Scheme 438,974 27,363 21,412 418,191 26,262 19,295 487, 749 463,788 No employee received ernoluments of over £60, 000. The average number 0£ employees, calculated on the basis of full-time equivalents was 24 12024 24) of which 24 belong to a staff pension scheme 12024 24) TANGIBLE FIXED ASSETS Freehold Property plant & Machinery TOTAL 95,000 27,715 122,715 Cost At l March 2024 27,715 122,715 At 28 February 2025 95,000 Depreciatlon At l March 2024 charge f or year 29,400 1,400 22,782 1.234 52,182 2,634 24,016 54,816 At 28 February 2025 30,800 NET BOOK VALUE At 28 February 2025 3,699 67,899 64,200 70,533 65,600 4,933 At 28 February 2024 CREDITOR8: amounts becomlng due aud payable wltbln one year: 2025 2024 40,528 72,951 Accrued Charges