Registered number 04531247 

| 

Charity Registered number 1098690 

Ladybird Pre-School Limited Company Limited By Guarantee 

Report and Unaudited Accounts 

31 December 2021 

Ridgefield Consulting 

WY ICAEW A RCCGUNTANTS 

Ibs Wisp Rie sop 



## Ladybird Pre-School Limited Report and accounts Contents 

||Page|
|---|---|
|Company information|1|
|Directors’ report|2|
|Independent Examiner report|3|
|Income and expenditure account|4|
|Balance sheet|5|
|Notes to the accounts|6-8|
|Detailedincomeandexpenditureaccount|9|





## Ladybird Pre-School Limited Company Information 

## Directors 

Mr Peter John Harrison (resigned on 22 February 2022) Mr Alan Woodley Mrs Maria Ellen Matthews 

Secretary Ms Jayne Louisa Vaisey 

Accountants Ridgefield Consulting Ltd 2 Hinksey Court Church Way Oxford Oxfordshire OX2 9SX 

Bankers TSB PO Box 373 Leeds LS14 9GQ 

Registered office Manor School Grounds Lydalls Close Didcot Oxfordshire OX11 7LB 

Registered number 04531247 

Charity registered number 1098690 

1 



Ladybird Pre-School Limited Registered number: 04531247 Directors' Report 

The directors present their report and accounts for the year ended 31 December 2021. 

## Principal activities 

The company's principal activity during the year continued to be enhancing the development and education of children under statutory school age. 

## Directors 

The following persons served as directors during the year: 

Mr Peter John Harrison (resigned on 22 February 2022) 

- Mr Alan Woodley 

- Mrs Maria Ellen Matthews 

## Small company provisions 

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. 

This report was approved by the directors on We\ Noy 222. (date) and signed on their behalf. 


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yi Z<br>**----- End of picture text -----**<br>


Mr A Woodley Director 

2 



Ladybird Pre-School Limited Accountants’ Report 

## Independent Examiner's report to the trustees of Ladybird Pre-School Limited 

| report on the accounts of the company for the year ended 31 December 2021, which are set out on pages 4 to 9. 

## Respective responsibilities of trustees and examiner 

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.The charity's gross income exceeded £250,000 and | am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales. 

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: 

- examine the accounts under section 145 of the 2011 Act 

- * follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and 

- state whether particular matters have come to my attention 

## Basis of independent examiner's report 

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view' and the report is limited to those matters set out in the next statement. 

## Independent examiner's statement 

In connection with my examination, no matter has come to my attention: 

(1) which gives me reasonable cause to believe that in any material respect the requirements: 

* to keep accounting records in accordance with section 386 of the Companies Act 2006 and 

* to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities. 

have not been met or 

(2) to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

## Mr Simon Thomas A.C.A. 

Ridgefield Consulting Ltd 

2 Hinksey Court Church Way Oxford Oxfordshire OX2 9SX 

13 April 2022 

3 



## Ladybird Pre-School Limited Statement Of Financial Activity - Income & Expenditure Account as at 31 December 2021 

|||2021||||2020|
|---|---|---|---|---|---|---|
||Total|Unrestricted||Restricted|||
||£|£||£||£|
|Incoming Resources|||||||
|Fees|131,827|131,827||-||49,053|
|Government funding|295,016|295,016||||300,537|
|Fundraising and donations|939|939||-||46|
|Interest receivable and bank incentives|=——s_—-4,353|4,353|_||548||
|Total Incoming Resources|432,135|432,135||-||350,179|
|Resources Expended|||||||
|Expenditure on charitable activities|(426,497)|(426,497)||-||(431,807)|
|Total Resources Expended|(426,497)|(426,497)||-||(431,807)|
|Surplus/(deficit) fortheyear|5,638|5,638|Oe|||(81,628)|
|Total Funds Brought Forward|123,759|123,759||-||205,387|
|TotalFundsCarriedForward|129,397,|129,397,|||=|____|123,759|



4 



Ladybird Pre-School Limited Registered number: Balance Sheet 

04531247 

as at 31 December 2021 


**----- Start of picture text -----**<br>
Notes 2021 2020<br>£ £<br>Fixed assets<br>Tangible assets 3 14,647 21,639<br>Current assets<br>Debtors 4 13,472 2,767<br>Cash at bank and in hand 103,029 170,146 |<br>116,501 172,913<br>Creditors: amounts falling due<br>within one year 5 (7,501) (76,543)<br>Net current assets OO 109,000 96,370<br>Net assets 123,647 118,009<br>Reserves<br>Income and Expenditure Account 123,647 118,009<br>Retained reserves 123,647 118,009<br>**----- End of picture text -----**<br>


The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. 

The member has not required the company to obtain an audit in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. MrA Woodley uu — Director yt Approved by the trustees on ..: “-t2222. (date) and signed on their behalf. 

5 



Ladybird Pre-School Limited Notes to the Accounts for the year ended 31 December 2021 

## 1 Accounting policies 

## Basis of preparation 

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

## Incoming resources 

The Charity relies on three main sources of income which are fees from pre-school, donations and grants. Interest received is included when received. 

## Tangible fixed assets 

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: 

Land and Buildings 21 years straight line Office Equipment 25% reducing balance 

## Debtors 

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. 

## Creditors 

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. 

## Pensions 

Contributions to defined contribution plans are expensed in the period to which they relate. 

|2|Employees|2021|2020|
|---|---|---|---|
|||Number|Number|
||Averagenumberofpersonsemployedbythecompany|39|33|



6 



## Ladybird Pre-School Limited Notes to the Accounts for the year ended 31 December 2021 

|3|Tangible fixed assets||||
|---|---|---|---|---|
||||Plant and||
|||Land and|machinery||
|||buildings|etc|Total|
|||£|£|£|
||Cost||||
||At1January 2021|133,075|— 30321|= 163,396|
||At 31 December 2021|133,075|30,321|163,396|
||Depreciation||||
||At 1 January 2021|114,096|27,661|141,757|
||Charge for the year|6327|#66|6,992|
||At 31 December 2021|120,423|28,326|148,749|
||Net book value||||
||At 31 December 2021|12,652|1,995|14,647|
||At 31 December 2020|18,979|2,660|21,639|
|4|Debtors||2021|2020|
||||£|£|
||Trade debtors||10,142|-|
||Prepayments||3,330|2,767|
||||13,472|2,767|
|5|Creditors: amounts falling due within one year||2021|2020|
||||£|£|
||Bank loans and overdrafts||-|50,000|
||Trade creditors||-|17,680|
||Other taxes and social security costs||7,501|8,863|
||||7,501|76,543|



## 6 Other information 

Ladybird Pre-School Limited is a private company limited by guarantee and incorporated in England. Its registered office is: Manor School Grounds Lydalls Close Didcot Oxfordshire OX11 7LB 

£ 



Ladybird Pre-School Limited Notes to the Accounts 

for the year ended 31 December 2021 

## 6 Ultimate controlling party 

There is no controlling party. 

The company is limited by guarantee and does not have a share capital, its members agreeing to contribute £10 each to the assets of the company in the event of it being wound up. 

In the event of the company being wound up, any retained surplus shall not be payable to the members but must be transferred to an institution with similar objectives to the company. 

Consequently, the accumulated surplus shown above does not constitute shareholders’ or members' funds. 

8 



## Ladybird Pre-School Limited 

## Detailed income and expenditure account for the year ended 31 December 2021 

This schedule does not form part of the statutory accounts 

|||||2021||||||2020|
|---|---|---|---|---|---|---|---|---|---|---|
|||Total||Unrestricted||Restricted|||||
||||£|£|||£|||£|
|Income|||||||||||
|Fees||131,827||131,827|||-|||49,053|
|Government funding and grants||295,016||295,016|||-|||300,537|
|Fundraising and donations|||939|939|||-|||46|
|Interest receivable and bank incentives|||4,353|4,353|||=||;|543|
|||432,135||432,135|||-|||350,179|
|Expenditure on raising funds|||||||||||
|Fundraising costs|||34|34|||-|||-|
|Support for Charitable activities|||||||||||
|Wages and salaries||286,727||286,727|||-|||276,179|
|Toys, craft materials and consumables|||13,800|13,800|||-|||35,559|
|Employer's national insurance|||26,737|26,737|||-|||26,338|
|Staff training and welfare|||1,934|1,934|—||-|||1,646|
||___ 329,198|||329,198|||-—|839,722|||
|General administrative expenses:|||||||||||
|Telephone and fax|||3,201|3,201|||-|||2,834|
|Meals|||3,659|3,659|||-|||3,226|
|Bank charges|||112|112|||-|||566|
|Insurance|||4,432|4,432|||-|||4,096|
|Salary - administrative|||41,274|41,274|||-|||41,275|
|Software|||5,873|5,873|||-|||3,461|
|Repairs and maintenance|||16,048|16,048|||-|||16,789|
|Depreciation|;|6,991<br>81,590||6,991 <br>81,590||||=<br>=|:|7,213<br>79,460||
|Premises costs:|||||||||||
|Rent|||800|800|||-|||500|
|Rates|||2,045|2,045|||-|||796|
|Light and heat||6726<br>9,571||6,726<br>9,571||2<br>7|:<br>-|6,432<br>7,728|||
|Legal and professional costs:|||||||||||
|Accountancy fees|||3,600|3,600|||-|||3,600|
|Advertising and PR|||1272|1,272|||-|||692|
|Other legal and professional|___.||15282|15282||_|||;|605|
|||6,104||6,104||4,897,|||||
|||426,497||426,497|||-|||431,807|
|Surplus/(deficit)fortheyear|||5,638|5,638|||-|||(81,628)|



9