2023-12-31-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 2023

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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

Mrs Jayne Louisa Carpenter (appointed on 16 January 2024) Mr Alan Woodley Mrs Maria Ellen Matthews

Secretary Mrs Jayne Louisa Carpenter

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 2023.

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:

Mrs Jayne Louisa Carpenter (appointed on 16 January 2024)

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 De.

Ody... (date) and signed on their behalf.

MrDirector A Woodley

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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 2023, 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 andis 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

29 April 2024

Ladybird Pre-School Limited Statement Of Financial Activity - Income & Expenditure Account as at 31 December 2023

			2023		2022
	Total	Unrestricted		Restricted
	£		£	£	£
Incoming Resources
Fees	233,805		233,805	-	199,457
Government funding and grants	280,216		280,216		306,112
Fundraising and donations	119		119	-	11,295
Interest receivable and bank incentives	734	Bas	7A		eee
Total Incoming Resources	514,874		514,874	-	517,138
Resources Expended
Expenditure on charitable activities	___ (510,611)	—__	(510,611)	ot	(488,862)
Total Resources Expended	(510,611)		(510,611)	-	(488,862)
Surplus forthe year	4,263		T°	re	28,276
Total Funds Brought Forward	152,035		152,035	-	123,759
Total Funds Carried Forward	156,298-		156,298	-	152,035

Ladybird Pre-School Limited Registered number: 04531247 Balance Sheet as at 31 December 2023

	Notes			2023		2022
				£		£
Fixed assets
Tangible assets	3			1,982		7,822
Current assets
Debtors	4		45,700		34,732
Cash at bank and in hand		118,780			118,904
			164,480		153,636
Creditors: amounts falling due
within one year	5		(10,276)		(9,535)
		a	i
Net current assets				154,204		144,101
Net assets				156,186		151,923
Reserves
Income and Expenditure Account				156,186		151,923
Retainedreserves				156,186		151,923

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.

Mr DirectorAWoodley rf Wtufh Approved by the trustees on 37272024KOPF date) and signed on their behalf.

Ladybird Pre-School Limited Notes to the Accounts for the year ended 31 December 2023

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	2023	2022
		Number	Number
	Averagenumberofpersonsemployedbythecompany	35	40

Ladybird Pre-School Limited

Notes to the Accounts for the year ended 31 December 2023

3	Tangible fixed assets
				Plant and
			Land and	machinery
			buildings	etc		Total
			£	£		£
	Cost
	At 1 January 2023		133,075	30,321		163,396
	Additions	a	~	___—-994		994
	At 31 December 2023		133,075	31,315		164,390
	Depreciation
	At 1 January 2023		126,749	28,825		155,574
	Charge forthe year		6326	508		6,834
	At 31 December 2023		133,075	29,333		162,408
	Net book value
	At 31 December 2023		-	1,982		1,982
	At 31 December 2022		6,326	1,496		7,822
4	Debtors			2023		2022
				£		£
	Trade debtors			41,500		31,000
	Prepayments			4,200,	_	3,732
				45,700		34,732
5	Creditors: amounts falling due within one year			2023		2022
				£		£
	Othertaxesandsocialsecuritycosts			10,276		9,535

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 2023

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 2023

This schedule does not form part of the statutory accounts

				2023				2022
		Total £	Unrestricted £		Restricted £			£
Income
Fees		233,805		233,805		-		199,457
Government funding and grants		280,216		280,216		-		306,112
Fundraising and donations		119		119		-		11,295
Interest receivable and bank incentives		734	_	734_		_s	24
		514,874		514,874		-		517,138
Support for Charitable activities
Wages and salaries		347,640		347,640		-		309,785
Toys, craft materials and consumables		31,349		31,349		-		45,085
Employer's national insurance Staff training and welfare General administrative expenses:	34,044 1,585_ 414,618			34,044 1,585 414618	a	-	33,233 5,288© __393,391
Telephone and fax		3,034		3,034		-		2,918
Meals Insurance		2,127 5,832		2,127 5,832		- -		1,975 5,197
Salary - administrative		44,175		44,175		-		41,623
Software Repairs and maintenance Depreciation		5,731 8,287 6,834 76,020	5,731 8,287 6834 ___ 76,020		pe	- - -	6,014 14,479 6,825_ __ 79,031
Premises costs:
Rent		1,576		1,576		-		2,345
Rates		4,193		4,193		-		2,477
Light and heat Legal and professional costs:	_ ____	G12 12,481	«6712 ___12,481		ne onl		—__5,390. ___10,212
Accountancy fees		3,600		3,600		.		3,600
Advertising and PR Other legal and professional	2,020 1,872 _		2,020 1,872		- et		_	1,900 728—
		7,492	7,492			-	6,228
		510,611		510,611		-		488,862
Surplusfortheyear		4,263		4,263		-		28,276