REGISTERED COMPANY MUMBER: 02558035 (England and W#les> REGISTERED CHARITY NUMBER: 1078182 c6 Re rtof Financial mants for the Year End 30 for Ralnbow Da Nurn Paul Taylor Chartered Accountants 22 Middleton Street Wymondham Norfolk NR180AD
Contents ofthe Financial Ststoments f r th Year End mb Pag• Report of thè Yrust•ès Ind•p•ndent Examin•¢8 Report Staternent of Financial ActlvltSes Balance Sh¢ot Note8 to the Flnancial Stst¢m9nts 5 to 10 Detalled Statement of Flnanclal A¢tlviti95
Rainb w Da Nurse Llmited RÈ rt of thg Trustees for tho Year Ended 30 No mb•r 2023 The Iruslees who are also dire¢tcn of tho Charity for the purp05e8 Of the Companies Act 2ThJ6, psent theor feport th the finanaal slalements of Ihg diarity for the yeaT ended 30 Novernber 2023. The trustees have adopted the prowsions of Accounting and Reporting by Charitses.. Stalemenl of Recommended Practice applicable to charities preparing their accounts in accordance wlh the Financial Reporting Standard applicabl¢ in the UK and Republic of Ireland IFRS 102) (effective 1 January 20191. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng do¢ument The charity 13 controlled by its governiny document, a deed of Iru$l. and con81itutes a limited compony. limi¢od by guarantee, as defined by the CompleS Act 2006. REFERENCE AND ADMINISTIiATIVE DETAILS Reglstered Company nurnber 02558035 (England 8t Wales) Reglstered Charlty number 1078182 Regl8tered offlce Love Road Lowesloft Suffolk NR32 2NY Trustoes JDHAII M$ P Jacobs Company ¢rOtary Mrs S Cole Independent Examin•r Paul Taylor Chartered Accnuntants 22 Middleton Street Wymondham NorfoSk NR180AD Approved by order of th aid oflwstees on 7 May 2024 8nd signed on its behalf by.. J D Hall- Trustee Page 1
Inde ndent Examlnee8 Re Rainbow Da Nurse Limitfrd rt to th• Trustoeg af Independent exomlnerfs rgport to tho trusteeB of Rainbow Day Nursery Limitad I'lhe Company'l report to the charity truslees on my axamination of the eDnts of the Company for the year ended 30 Novembor 2023. Responslbllities and basls of report As the ¢haritWs trustees of Ihe Company (and also its directors for the purposès of company lawl you are responsible lor the preparation ofthe accounts in accord8rtc* wilh the requirements of th6 Companies Act 20Cfj I'the 20C6 Acri. Having satisfied myseff that the accounts ofthe Company arè not required lo be audited under Part 16 of the 2006 Act and arè eligible for indèpendent examinalion, I report in resped of my ex8mination of YOUT tharity's accounts as carried OLrt under Section 145 of the Charities Act 2011 {Ihe 2011 Act'l. In carryino out my txamin8tion I have followed the Directions given by the Charity Commission under Sects'on 145(5} (bl ol the 2011 Act. Indopend•nt èxamlnerfs statgm¥nt Since your charl5 gtoss income exceeded £250.IJOO your examiner must be a mernr of a listed body. l Can confim) that l am qualifi to undertak& the examinalion because l am 8 member of the Ins16tute of Chartered Accountants In England and Walés. which is one of thè listed bodies. I have Completed rny ex8mination. I confirm thot no m8tter8 have come to my attenlictin in Cnnecti with the ex8mination giving me cause lo beIve-. accounling re20rds were not kept In resp8Ct ofthg Company as required by S•¢lion 386 of the 2006 Act., or the 8ccounts do nol acrd with those records., or the 8WOLtnts do not comply with the accounting requirements of Se¢bon 398 of the 2006 Aci other than gny requirement that the accounts give ¥ and faif whith is not a matter oonsidered a8 P8rt of an independenl examination.. or thè acwjnts have Not been prepared In accordanc8 wilh the mèthods and principles ol the Slalement ol Recommended Practic8 for accDunling and reportin9 by dh8ribes (applicable lo charities preparing their accounts in accord8nce with the Finanual Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)). I have no concerrbs and have come across no oiher matters in ctsnnedion with the ex8min8lion lo which attention Should be drawn in this report in order lo en8ble a proper understsnding of the accounts lo bg reached. Paul Taylor Paul TayloT Ch8rtèrèd Accountants 22 Middleton Street Wymondham Norfolk NR180AD 7 May 2024 Page Z
Rainbow Da Nur88 Limited 30.11.23 Tol81 funds 30.11.22 Total funds Unrestricaed Restricted funds Notes INCOME AND ENDOWMENTS FROM Donions and legacies 135 {1} 134 Charitablg actlvFtFos Enhancèment, development and education of chlldren prIMalY under School age 424,506 424.686 376,359 Other trading activitks Investment Income 3,286 331 3,286 331 4.350 Total 428.258 179 428,437 380,746 EXPENDITURE ON Charitsble activitigs Enhancernent, development and educatKn ot ¢hildien primarily under school ag& 427,890 180 428.070 381.351 NET INCOMEIIEXPENDITURE 368 {1} 367 {605} RECONCILIATION OF FUNDS To181 fund8 bTought forward 16,4B1 3.657 20.138 20,743 TOTAL FUNDS CARRIED FORWARD 16.849 20,505 20,138 The notes form part ofthese finanoal statèmènts Page 3
RaInb¢ Oa NYe Lim Bala 30.11.23 Total funds 30.11.22 Totsl funds UnstriCted fund Resthded fvnds Notes FIXED ASSETS Tangible assets 9.085 9.965 10.075 CURRENT ASSETS Debtors Cash at bank in hand 8.1 64.795 8,196 70,676 13,375 81,714 .881 72,991 5,881 78,872 95,089 CREDITORS Amounts fallÈng due wlhln one year 150.228) 13,1041 {53,332) 160,026) NET CURRENT ASSErs 22,763 2,777 25,540 35,063 TOTAL ASSETS LESS CURRENT LIABILITIES 31,848 3,657 35,505 45.138 CREDITORS Amounls falling due after MO than one year {15.000) 115,0001 (25,0001 NET ASSETS 16,848 3.657 20.505 20,138 FUNDS Unrestticted lunds Re8lri¢te(I funds 13 16,848 3.657 16,481 3,657 TOTAL FUNDS 20.505 20,138 The charitable Company is entitled to exemption from audit under Section 477 of the Con4>anS&s Ad 2006 for the year ended 30 November 2023. The members have nol r8qLiired the oNnpany to obtain an audlt of its finaniial Statements for t year ended 30 November 2023 in aCCordare with Sèction 476 of the coffanIeS Acl 2006. Thetrustees acknowledge their responsibililies for 181 ansuring that the charitable company keeps accounling records that conwly with Sectlon8 386 and 387 of the Companies Act 20C6 and preparing financjal stalem?nls which give a tru* and fair view of the State of aff8ir8 of the charitable o)mpany as al the énd of each financial year and of its surplus or deflcil for each financial year in accordance with tha requiiefflents of Sec14on$ 394 and 395 artd which olherwTrse comply Mth the requirements ol the Companie8 Alt 201 rdating lo financbal statements, $0 far as appli(3blo to the tharitsble company. The$& financial statements have b8en prepared in accordance with the provisK)n$ opplicable lo charitsblg companies Subject to the small ¢ompanie8 regime. re approved by the Board of Twstees arvj aulhorise(I for i5suÈ on 7 May 224 and wè Ib) The fancIal statements w signed on ils behaw by.. J D Hall- Trusta8 The Th)les form part ofthese financial statements Page 4
Rainbow Da Nurse Limitèd Notes to thg Financial Ststgments for thg Year Ended 30 November 202 ACCOUNTING POUCIES Basis of prnparlng th• financial 8tst•ment8 Thè fin3n¢ial statements of thg charitsble company. which is a public benefit entity under FRS 102. have been prepaTed in accordance wlh the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Re¢omm8nded Pr8dice applicab to charities preparing their accounts in accordance wlh th8 Financ•81 R•ptsrting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective 1 January 20191., Financial Reportin9 Standard 102'The FInala1 Reporting Standard appluble in the UK and Rèpublic of Iland, and the Companies Acl 2006. The financial statements have been prepared under Ihe historical cost convention. Income All income is r8cognised in the Statement of Finan¢i81 ActNitiés once the charity has entitlement lo the funds, It is probab that the income will be receNed and the amount fn be measur8d reliably. Exp•nditurè Liabilities are recognised as expenditure as Soon a$ there is a legal or constwctive obligation committiffj the tharity lo Ih8t expenditure, it is probablé that a transfer of economic benefits will be required in ssttlément and the amount of the obligaliM Can be rneasud reliabty. Expenditure is accounted foi on an a(vua18 basis an has been Glassifie(J under h¢adings Ihal aggregate all cost #ted to thè category. Wher8 costs cannot b& directly altributed to Particular headings they have been allocated lo actiVTbe$ on 8 basis consistent wth the use of resources. T¥ble fixod ¥88ets Depreaation is wovidod at the following annual leS in otder to write off •ach ass8t owr its eslimaled usef lrfè. Plant and machinery Fixturès and fittings Computer equipment 15% on reducing balance 100/0 on cost 25°k on feducing balance Taxatlon The charity is exempt from cOrporatn tax on its chlble octivities. Fund aeeountlng Unrestricted funds can be used in 8¢¢ordan( Mth the tharitable obje¢twe8 at the discretion of the Irusl888. Reslri¢ted fijnds ean onty be used for particular restricted pu88$ wlhin the objects of the charity- ReStricIn$ arise when sprIed by the donor or when funds are r8lse(I for p8rtlcul8r rg$lrl¢ie<l purpo$e$. Further explanation ofthe nature aThJ purpose of each fund is induded in the notes to the finarrial $talemenl8. Pènslon costs and other post-retirement benefits The ch81ilabfe ¢omp8ny operates a defined contribution ppnsion stherno. Contributions payable lo the charilablè companvs pension scheme are charged lo the Statement of FinancAal Adivities in the period to which they relate. OTHER TRADING ACTIVITIES 30.11.23 30.11.22 Fundral$yvJ event$ 3,286 4.350 INVESTMENT INCOME 30.11.23 30.11.22 Deposit accwnl interest 331 Page 5 continued..
Rainbow Da Nurse Llmited Notes to th• Flnancial Ststements - contlnued for Yè8r Ended 30 N mber 2023 NET INCOMEI(EXPENDITUREI Net Incomellexpelture} is stst¥d after charginW(credibng): 30.11.23 30.11.22 DepreaalTrDn- owned assets 1,918 1,883 TRUSTEES. REMUNERATION AND BENEFITS There were no Irusl¢es' remuneration or other benefrts for the year ended 30 Novèmber 2023 nor for the year ended 30 November 2022. Trust. oxpens There were no trustees. expgn$as paid for the year ended 30 November 2023 nor for th& year ended 30 November 2022. STAFF COSTS The average monthty number of empkiyees during the yeaf was as follows: 30.11.23 24 30.11.22 25 Total No employees received ernolurnenls in excè$$ of £60.C4)0. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslrided fvnd Restrided funds Total funds INCOME AND ENDOWMENTS FROhl Donations and legacies 28 28 Charitabla a¢tS¥itiès Enhancement. developmont and edUtIOn of ¢hildren primarily und8r school age 376.139 220 376,359 other trading octivities Investment Income 4.350 4,350 Total 380,526 220 380,746 EXPEMDITURE ON Charitable activltles Enhancernenl. devèlopment and education of children pwimarily under school age 381,130 221 381,351 NET INCOMEIIEXPENDifuREI {604) (1) {605) RECONCILIATION OF FUNDS Total funds brought forward 17,086 3,657 20,743 TOTAL FUNDS CARRIED FORWARD 16,482 3.656 20.138 Page 6 continued...
Ralnbow Da NuYs• Limited I Stat•ments - conttnued em TANGIBLE FIXED ASSETS Fixlures and fittings Plant and machinery Computer équipmènt Totals COST Al 1 December 2022 Additions 14.522 1.223 3,786 585 2,974 21.2B4 At 30 NovÈmbÈr 2023 15,745 4.373 2,974 23,092 DEPRECIATION At 1 December 2022 Charge for year 6,431 1.397 2,304 249 2,474 272 11,209 1,918 AI 30 Nov9mber 2023 7.828 2.553 2,746 13,127 NET BOOK VALUE AI 30 November 2023 7,917 1.820 228 9.965 AI 30 November 2022 8.091 1.484 SC4) 10,075 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.11.23 30.11.22 Trade debtors 8.1 13,375 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.11.23 30.11.22 Bank loans and overdrafts {$eè not& 121 Trade creditors Social writy and other taxes Othèr crèdrtors Accruals and deferred incorne Accrued expenses 10.000 629 4.932 14.018 10,(NXI 1,142 4,170 21,719 225 22,770 22.770 53,332 60.026 11. CREDITORS.. AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 30.11.23 30.11.22 Bank loans (see note 12) 15.0 25,000 12. LOANS An analysis of the rnatvrity ol loans 1$ ghven below-. 30.11.23 30.11.22 Amounts falllng due wilhln one year on demand.. 88nk10on$ 10,OCKI 10.000 Amounts falling betsveen one and iwo years: Bank loans- 1-2 years 15,000 10.0 Amounts lalling due befvn hyo and five years.. Bank loans- 2-5 years 15,000 Page 7 continued...
owoa Nurs Llmlted th Flna Ye lal 30 Nov nttnu r202 13. MOVEMENT IN FUNDS Nel movement in fvnds Al 1.12.22 At 30.11.23 Unrestrictsd funds General fund 16,481 367 18.848 Rèstrletèd funds Loc81 nelwork fund Waveney District Counul- Kitchen aAI 1.372 577 1.708 1.372 577 1,708 3.657 3,657 TOTAL FUNDS 20,138 20,505 Nel movement in funds. induded in the above we as follows.. Incoming resources Resource5 xpended ovement in funds Unre8trlctsd funds General fund 428.257 {427.8901 367 Restri¢ted funds Local neOrk fund Suffolk County Counal- Furniiu Grant Mrs Roper- Prè School EquiFxnenl 21 153 {21) (153} (6) 180 (180) TOTAL FUNDS 428,437 {428.070) 367 omparatives for movement In funds Nel movement in funds At 1.12.21 Al 30.11_22 Unrestricted funds General lund 17.086 (605) 16,481 Restricted funds Local neolk fund Wav8ney District Council- Kitchen QAI 1,372 577 1,708 1.372 577 1,708 3.657 3,657 TOTAL FUNDS 20,743 (6051 20.138 Pogè 8 continued...
Rainbow Da Nuyse Limited Fi for thè Y•ar Endéd ial Statements - continued Novembe 13. MOVEMENT IN FUNDS. continued Comparativè n8t movement in funds, induded in the ab¢)ve are as follow8.. Incoming reSoUrS Resources expended Movement in funds Unregtri¢tÈd funds General fund 380,526 {381.131) 160SI Restrl¢ted funds Local nefv40Tk fund Suffolk County C¢unal- Fumhufe Grant Mrs Roper- Pwe SGFv)ol Equipment 24 (24) {188) 18) 220 P20) TOTAL FUNDS 380,746 1381,3511 16051 A current year 12 months and prior year 12 months Combin position is as follows.. Nel movement in funds 1.12.21 30.11.23 Unre8tri¢tsd fund$ General fund 17.086 1236) 16,848 Rfrstrl¢t fund$ Local neork ftjnd Waveney Di8trici Counol- tchen 1.372 577 1.708 1.372 577 1.708 3,657 3,657 TOTAL FUNDS 20.743 1238) 20,505 A current year 12 months and prior year 12 monlhs combsned nel mvement irt lunds, included in the at#)ve are as follows: IncomltvJ re$ouiee$ Resources expended Mo¥oment In Ivntls Unr•striet•d funds General fvnd 808,783 {809,021} 1238) Restrlcted funds Lo1 nelwork fund Suffolk County Council- Furniturè Grant Mrs Roper- Pre School Eqwpmonl 45 341 14 {451 {3411 {141 {4001 TOTAL FUNDS 809.183 (809,421) (2381 Page 9 nlinued...
Ralnbow Da Nuyse Limitèd Notss to the Financlal Statemènts - continued fart Year End 30 November RELATED PARTY DISCLOSURES Therewere no related paty transaction¥ for the year ended 30 Ns)vemb8T 2023. Page 10
Ralnbow Da Nu Llmlted Detalled Statement of FinancSal Actlvltles fo No 30.11.23 30.11.22 INCOME AND ENDOWMENTS Oonatlons and legaci08 Gifts Donations {1) 135 29 134 28 othor trading athhti•s Fundiaislng events 3,286 4,350 Investment Income Deposll acc1 Interest 331 Charltable actlvltles Nursery fees G¥¥nl$ 423,705 376.139 220 424.666 376,359 Total Ineoming resources 428.437 380.746 EXPENDITURE Charitabl• aetiviti•8 Wages Social 5e¢urty Pen$lons Inwranc¢ Lit and heat Telephone Poslage and stationery Sundrie$ Purch8S95 Repairs 8 rèntrwals Bank charges Book-keeping Computer sofiware Cleaning and Irade wa51e Rent Rales and water Bad debts written off PfofÈsstonal lees Travel a subsTrstènce D&pn of plant & machinery Dèpn of fixturés and fittings Depn of comwter equipment 331.943 30,851 308,478 13,114 7.975 4,319 2,821 1,203 657 1,248 11,553 4,149 788 1,209 13,428 125 7.232 522 10,609 4.063 1.320 2,929 500 553 1.397 249 271 6.917 9,987 1,394 14861 1.428 289 42e,602 379.658 Support co¥ts Flnan¢e Bank loarb intere31 Gov•manc• cos(6 Accountsncy 702 Total resour expended 428,070 381,351 N•t incomelloxp•ndllure) 387 16051 This page does not fom part ol the statutory finandel Statements Page 11