2022-12-31-accounts - Ladybird Pre-School Limited

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Registered number 04531247

Charity Registered number 1098690

Ladybird Pre-School Limited Company Limited By Guarantee

Report and Unaudited Accounts

31 December 2022

Ridgefield Consulting

CHARTERED YY= ICAEWACCOUNTANTS

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

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

The directors present their report and accounts for the year ended 31 December 2022.

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 ..!/%.74..43....(date) and signed on their behalf.

Mr A Woodley Director

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 2022, which are set out on pages4 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

30 March 2023

Ladybird Pre-School Limited

Statement Of Financial Activity - Income & Expenditure Account as at 31 December 2022

		2022		2021
	Total	Unrestricted	Restricted
	£	£	£	£
Incoming Resources
Fees	199,457	199,457	-	131,827
Government funding and grants	306,112	306,112		295,016
Fundraising and donations	11,295	11,295	-	939
Interest receivable and bank incentives Total Incoming Resources	2740 517,138	274 517,138	—_ -	4,353_ 432,135
Resources Expended
Expenditure on charitable activities Total Resources Expended	(488,862) (488,862)	____ (488,862) (488,862)	- -	___ (426,497) (426,497)
Surplus fortheyear	28,276	=—sti‘<i«é‘ié‘é BW]	oe	5638
Total Funds Brought Forward	129,397	129,397	-	123,759
TotalFundsCarriedForward	157,673__	157,673	=	129,397

Ladybird Pre-School Limited Registered number: 04531247 Balance Sheet

as at 31 December 2022

	Notes	2022	2021
		£	£
Fixed assets
Tangible assets	3	7,822	14,647
Current assets
Debtors	4	34,732	13,472
Cash at bank and in hand		118,904	103,029
		153,636	116,501
Creditors: amounts falling due
within one year	5	(9,535)	(7,501)
Net current assets		444401	—=<S~Sss:—SCo409,000
Netassets		151,923	123,647
Reserves
Income and Expenditure Account		151,923	123,647
Retainedreserves		151,923	123,647

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.

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DirectorMr A Woodley Jl .
Approved by the trustees on /.3.-4.-2023.(date) and signed on their behalf.
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Ladybird Pre-School Limited Notes to the Accounts for the year ended 31 December 2022

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	2022	2021
		Number	Number
	Averagenumberofpersonsemployedbythecompany	40	39

Ladybird Pre-School Limited Notes to the Accounts for the year ended 31 December 2022

3 Tangible fixed assets

3	Tangible fixed assets
			Plant and
		Land and	machinery
		buildings	etc	Total
		£	£	F
	Cost
	At 1 January 2022	133,075	==30,321.	163,396
	At 31 December 2022	133,075	30,321	163,396
	Depreciation
	At 1 January 2022	120,423	28,326	148,749
	Charge forthe year	6,326	499	~—— 6,825
	At 31 December 2022	126,749	28,825	155,574
	Net book value
	At 31 December 2022	6,326	1,496	7,822
	At 31 December 2021	12,652	1,995	14,647
4	Debtors		2022	2021
			£	£
	Trade debtors		31,000	10,142
	Prepayments		3,732	3,330
			34,732	13,472
5	Creditors: amounts falling due within one year		2022	2021
			£	£
	Othertaxesandsocialsecuritycosts		9,535	7,501

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 2022

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 members' funds.

Ladybird Pre-School Limited Detailed income and expenditure account for the year ended 31 December 2022

This schedule does not form part of the statutory accounts

				2022				2021
		Total	Unrestricted		Restricted
		E		£			£	£
Income
Fees		199,457		199,457		-		131,827
Government funding and grants		306,112		306,112		-		295,016
Fundraising and donations		11,295		11,295		-		939
Interest receivable and bank incentives		274	274		_	-		4,353
		517,138		517,138		-		432,135
Expenditure on raising funds
Fundraising costs		-		-		-		34
Support for Charitable activities
Wages and salaries		309,785		309,785		-		286,727
Toys, craft materials and consumables		45,085		45,085		-		13,800
Employer's national insurance		33,233		33,233		-		26,737
Staff training and welfare General administrative expenses:	5,288 ___393,391.		6,288 _ SS .. ce					1,934 329,198_
Telephone and fax		2,918		2,918		-		3,201
Meals		1,975		1,975		-		3,659
Bank charges		-		-		-		112
Insurance		5,197		5,197		-		4,432
Salary - administrative		41,623		41,623		-		41,274
Software		6,014		6,014		-		5,873
Repairs and maintenance		14,479		14,479		-		16,048
Depreciation	___	6,825 79,031,	6 __	825 79,031	es :			6,991 - 81,590.
Premises costs:
Rent		2,345		2,345		-		800
Rates		2,477		2,477		-		2,045
Light and heat	-	5,390		5,390 -	_	:		6,726
		10.212	10,212		oe			9,571
Legal and professional costs:
Accountancy fees		3,600		3,600		-		3,600
Advertising and PR		1,900		1,900		-		1,272
Other legal and professional		728		728	st			1,232_
	6,228			6,228		-		6,104
		488,862		488,862			-	426,497
Surplusfortheyear		28,276		28,276		-		5,638