Regis10 nutnber. 05179971 Rainbow Pre-school (Stansted) (A eotDpaDy limit¢d by guarantee) knual Rewjrt and Uttaudi*d Financial ststellts forthe Year Ended JI Augiist 2023 MatL5ell & Co artered Certifled Accountants 5 Ducke WIMf South Street Bishop's Stortford Hertfordshirc CM23 3AR
Rainbow Prtr&hool (Stansted) Contents Company InfornLI0ll Dir¢¢tors' Report Profit and Aeeount Statement of Cornprehensive Jncome Ba]anc¢ Sheet staterne of Cknges in Equity Notes to the Unaudited Financi81 Stateme 8toll IXBRL Detailed Profit and tA)ss Account 12
Rainl)ow Pre-school (Stansted) Company Inforniation Dlrectors C Y HaTdy GM Pursglove Regi%tered office The P¢t¢r Ktth C¢ntr¢ St Jo]]ns Road Stan5teAJ CM24 SJP Accountsttts Mansell & Co Chartered Certified Accountants South Sireet Bishop's Stotrford Hertfordshire CM23 3AR
Rxinbow Pr&School (St4DSted) Directors. Report for the Year Ended 31 August 2023 The directors present thetr repDrt and the fiDancial stamcDts for the year ended 31 August 2023. Dfirectors of the compny The directors held office duriDg the were as followJ: C Y Hardy GM Pur5glove Principal attivity The principal activity of the is pre-school education SDUII COmPAiiie5 pfovisioD Statement This report bttn prepared in aecord3n¢¢ with the sp¢¢ial provisM)ns r¢lakng to ¢ompanies Sttbject to the small companies re8ittLe within Part 15 of the CompaDics Ad 2)6.
Chartered Certified Accountants, Report to the Board of Directors on the Preparation of tbe Unaudited Ststutory Aceounts of Rainbow Pre-S¢hool (StaSted) for the Year Ended 31 August 2023 In order 10 al&t you to lfil your duties UDder the Companies A¢1 2006, we have ppar•I for your approval the accounts of RaiThbow Pre-school (Stallsted) for the year ended 31 Aug1 2023 as set out on pages 4 to I I frtsm the company's accounting records and from Énformation and explanatiOD5 you have given A5 a PTa¢tising member firni of the A5%)ciation of Chartered Certified AccountaDts, we 8re subject to its ethical and other professional qUIreMents 1¢h 8re detsiled at https.'/lwWw.accaglobal.colgbIe1eMber1$¢adardS}nd¢$-andSthndardSCbY)ktDJI . Thts report 15 njade solely to th¢ Boowd of Dirtttors of Rainbow Pre-sclwl IStaThsted). &$ a body. in aceordance wilh the tern of our engagement letter. l)Jr Nork h&8 been ertske solely to prepare for your approva] the accounts of Rainl)w Pre-school (Stansted) and state those matter5 that have aeed kn state to the Board of DirtOrS of Raitlbow Pre-school (StaDsted), &5 a body. in thi5 Port in accord with the requirements of the Association Ccnified dctaÉled http'.IIwWw.2c¢a8lobal.eomlgblenltechnical-activitiesltecknical-resources-seaoo9I octoberlfactsheet-163-audit•exemptrycompanies.htmt. To the lIeSt extent p¢nnitt¢d by law, we do not accept or assume responsibility to anyone other Rainlx)w Pre-Schox)l (StaTh5d) and its Board of Dirertors as a body for our*Ik or for this repo It Is yow duty to ensure that Rainl)ow PrsCl (Stansted) has kept adeq¢ accounting rOrdS aTLd to prepar¢ ststytory a¢¢ounts that give a true atld fair view of the &ssets. liabilitie5. financial position and profit of Rainbow Pre-Sch(x)l {Stsnsted). You consider that Rainlthy Pre-scknl (St8Dsted) is exempt from the statutory audit requir¢twt for the year. We have not been instructed io carry out an audit or a Teview of th¢ accounts of RainFthv Pre-sclwl {StaTLSt&l). For this reTr, we have not verified the accuracy or compleiene&8 of the a¢wutt¢itig re¢ords or iofomiation and ¢xplanations you have given to U8 and do noL therefo express any OPiDiOll on the statsrtory #ceouTLts. Mans¢ll & Co Chartered Certtfied Accountants 5 Du¢ketts Wharf South Stre¢t Bishop's Siortfotd Herttordshire CM23 3AR Page 3
Rainbow Pre-school {StaDSted) Prnfit 2nd Lo&8 Account for the Year Ended 31 August 2023 2023 2022 Note Tumover 167.i47 163.855 Gross surpl 167,347 163,855 Administrative eenSeS (164.703) (151.469) Operating surplus 12,386 Other interest receithle and sÉtDilar iticome 1,549 88 Surplu5 b¢for¢ tsx Swylu5 for the finala1 year 4,193 12,474 4.193 12,474 The above results were derived from eontinuiDg 0[110[L$. The Company hos te¢ognis¢d FdiDS or losses forthe yeat other than the results above. The not&S OD pagcs 8 to I I form an iTrt¢grnl part of these fal1 statemcnts. Page 4
Rainbow Pre-school (Stansted) Statement of Comprehensive Income for the Year Ended 31 August 2023 2023 21122 Sutplus for th¢ y¢8r Total cotnprehensive iA¢ome for the year . 4.193 12,474 4,193 .12,474 The Th)trs on pages 8 to 11 form an partolthese financiaI statetnents. Pa8¢ 5
Rainbow Pre-school (Stansted) (Regislrntion number. 05179971) Balance Shed as at 31 August 2023 2023 2022 Fiied 25sets TaD8ible assets 1.761 Current assets Debtors C&sh * bank and itj hand i.oii 203229 580 175,530 204240 176,110 Creditors: Aulounts falling due withill olle year (12296) (10.7391 Net ¢tr¢Tht ssets 191,944 165,371 Tt)tl assets less cMrreDt liabi]itKs 193.705 167,345 Creditors: Amounts failittg due aftu more than one yeaT (69,669) 124,036 (47,5021 119,843 Net *&gets Retain¢d ¢arnings 124,036 119,843 Swplus 124,036 119.843 For the finanria] year ending 31 Augu# 2023 the ¢ompony was ¢iti¢d to ¢x¢nwtion fiDm audit under sectio 477 of the Companies Act 2006 lailg w small ¢ompani¢s. Direetors. TcspofLsibilitL¢S.' The members have not reqllir the cotDpany to obtain an of its accounts for the year in question i a¢¢ordall¢e with se¢tion 476" atyl The directors a¢knowledge their responsibiliiie5 for comptying wsth the requirements of the Act with Tespe¢t to accounting reo)rds and the pretiOn of accounts. These financial statements have been prepared ilt K)rdn¢t with the spe¢ia] provisions relating to compani¢s subj¢ct to th¢ small companies regtmt withill Part 15 of the CompanÈes Act 2(M)6. Approved and authoris¢d by the Board on IL4 2.3gnd signed on its behalf by.. CYH Dire¢to The 1¢$ on page$ 8 to i i forni an inteyal partof these financTa] statements.
Rainbow PTrSchool (Stansted) Statement of Changes in Equity for the Year Ended 31 AUg$t 2023 Retsined earniTrg$ Total At I S¢pt¢mb¢r 2022 Surplus for the year 19,843 19,843 4,193 At 31 August 2023 124.036 Retsined tarnings 124.036 Total At I September 2021 Surplus for th¢ year 107,369 12,474 101,369 12.474 At 3 1 AUg$t 2022 19.843 119.843 The note5 on pages 8 10 I I forni an inte1 part of these financial 5thtemen Page 7
Rainbow Prh0o1 (Stansied) Notes to the Unaudited FinaDcial Statements for the Year EDdwl 31 August 2023 l General infornthtion The Company is a company lirntted by guarantc¢. inroTporated in England and Wales, and cotts¢qu¢ntly does )t have 4hare capital. Each of the TnetnbeTS is liable w ¢ontribyte an ant llot ex¢#ding Nil towards the assets of the company in the event of liquidatioll. The address of its rcgist¢red offi¢¢ is: The Pcter Kirk tre St John5 Road stted Essex CM24 8JP These financial statements were authoTi5ed for ut by th¢ Boaril on............ 2 Accoutttitig policies of sigTrificnt c¢oulltittg p)licies gnd key iceounting 4stimales The principal a¢o)witing policies applied in the preparation of these finan¢ial statements ar¢ s¢t out below. Thcse p)licies have been consisieDtty applied all the yean presente¢ Lmless otherwryse stated. StateJDtnt oftomplianct Thes¢ fllwKiai 5tateiTLents hav¢ bem tryared in accordance wÉth Financial RerxyrtiTh8 Standard 102 Section IA smaller rntities - The Financial Reporting Standard appli¢able in the United Kingdom and Republic of Ereland, and the Companies Aa 2006 {as applicable to cornpaDRes subjert to the small companies. regime). Basi5 ofpreprt&on These financial 5tat¢m¢nts have been prepared Sing thc historical cost convention exwFt th•¢ disclosed in the accountin8 policit5 certsin 11¢n ore Sho at fairvalu Going contern The financial 5tatrments hav¢ been prepared on a goiDg ¢ODcern basis. ReveDue recognition TUrVer ¢(>mprises the fair value of the consid¢rntion re¢¢ivd or re¢eivable the sale of g<MMis #nd provision of services in th¢ ordinary course of the compally's a¢tivities. Tumovv is slM)WD net of SeS1vIlU¢ added ts T¢tyms. rebates at)d dis¢ounts. The company recognises revenue WI. The amount of revenue can be reliably measured; it is probable dt fiLtur¢ ¢C0miC benefits will flow to the entity: ond specific Criteria have been met for each of the mpanY'S a¢iiviiie& Tangible s5¢ts T8gible ets arc s¢2ted in the balance sheet at CO5¢ le55 any subsequent a¢cumled de[ecIatiOn and subsequent acwnulated impairmeth loss. The c05t of tall1)1e assets includes directty attributable incre1 costs Incurr in their acqutsition and installatio Page 8
Rainbow Pre-school (Slansted) Notes to the Unaudit¢d Finan¢ial Statements for the Year Eknded 31 August 2023 Depreciatio Depreciatiotl is chged so as to write off the ¢ost of as%ts. other than latKI and properties under coltion over their estitimted usefvl Itv4 as follo A55et class Fix[¢S and fitli DepTeti*tion method #tsd r8t¢ 25Qh reduring an¢t Cash CAsh eqUillellts Cash and c&5h equivalents comprise ort bajhj a1 ¢all deposits, and other thort-terni higbly liquid ivest¢ts that r¢adily ¢onvertibie to a known amount of ar are subje¢t to atl insignificant risk of ¢hange in value. TrAde debtors Trade debtors are amoulkts from customers for merdwydise sold or services perfornied in the ordinary course of busilless. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amorti5ed cost ing the effective interest methrf less provision for irnpasnnenL A provision for the impairment of trdde debtors is established when there is tsbjeaive evidertce that the company will t be able to collect all amouttts due according to the origiuai teruk8 of th¢ rt¢eivables. Trade creditors Trnde creditors are obligdtions to pay for goods or s¢Thi¢¢s that h&v¢ been xquired the ordinary Course tsf business from spIterS. Accounts payable are classified as Curtrnt liabilities tf the company does not have all unconditional righ( at the end of th¢ rertIng peri¢yL to defer settlelnent of the ¢110r for * l¢ast twelve onths after the r¢porting date. If there is an unconditiOt righi to def¢r settlement for at least twelve motrths after th¢ r¢pothg date. they are presented 45 Th)nTIM1 lubitsti¢s. Trade ¢reditors ore rec1)[Sed initialty at the fransa¢tion priix and sUbSeqY #$ured at amOrtiS wst using the effective interest method. Defined tODtribution pension obligatioD A defined contribution plan is a pension plon under thi¢h fixed CODtribution% are pd into a pensioD fund and the company has no legal or eonslructivc obligation to pay fijrther ¢ontributiorLS even if the fvnd does not hold suffjctent assets to pay ail employees the benefits relating empltsy¢¢ seryice in the current aDd prior perKod5. Contributions to defined Conffiutl0ll plaD5 are recognis a5 wloyr¢ benefit ewxnse when they due. If ¢ontribution payrneuts exceed the contribution due for servÉce. the excess is rt¢ognised as a prepayment. 3 Stsff numbers The average nwnber of persoDs employed by the compry (includiDg dirxtOf5) during the year. was 13 (2022- io). 4 Profit before t%x Arrived * ats Chargin{crediting} 21123 2022 Depreciation expense 588 658
Rainbow Pre-S¢hool (Slallst) Notes to the Unaudited Financial Statemellts for the Ye¥dr Ended 31 August 2023 S Tangible #&ets rrttings Total Cost or 1¢10 At I September 2022 Additions 6.905 375 6.905 375 At 31 August 2023 7280 7.280 Depreciation At I Septrmb¢r 2022 Charge for the year 4,931 588 4.931 588 At 31 August 2023 CarryiDg amoojjt At 31 Au8USt 2023 5.519 5.519 .761 1.761 At 31 August 2022 1,974 1,974 6 Debtors 2023 2022 Current Trade debtors 431 580 Prepaym¢Thts 580 i.oii 580 7 Creditors Creditlbfs: amounts fAIIiDg dut wKthiD 00¢ ye*r 2023 2022 Due within on¢ y¢Ar Taxation and social security A¢cTUa]s and deferred Éncome OtheT Creditors 1.045 10.705 546 34 10,705 11296 10.739 Page 10
Rainbow Pre•School (Stansted) Not to the Unaudited Financial StatemeJts for the Year Ended 31 Augusl 2023 cli10rS. amounts falling dJ¢ *ft¢r more tbaD one year 2023 2022 Due after ont year Deferred incorne Other notbcutrent financial liabilities 31,890 37.779 10,413 37.089 69.669 47,502 Pagell
Rainbow Pre-school (Stansted) IXBRL Detailed Profit and Lo&8 Account for the Yr Ended 31 August 2023 2023 2022 Turnoverlrevenue 167,347 163,855 Cost of 51es Opening StockrVent0r1cS Closing stockf]nvertories Gross profit 167,347 163,855 Dis¢ntion costs Administrative txpeDSeS Audit and accountaThcy other 5crvice5 Advertisin& promotions alld m*etiDg costs Renl rates and Servic costs Other repairs and maintena1 Costs Cl¢aning costs Depreciation of Fixed assets Wages and sal8rie5 excludiDg directots Pension ¢osts dered coAtribLrtion Sc1meS excluding directh (966) {394) (11285) {32251 {1520) (588) (128.810) 421 1741) (10,600) (9,220) (2,700) (658) (96,656) Staff wsts ex¢luding dir10[$ Travel and subsistence Trdining Ikgai and profrssional Costs Bank Gharg¢s Insurance costs Charitsble d(TrDatÈMs Other Costs {1312311 (60) {1.279} (600) {60) (1.434) (99,495) {63) (2.189) {93) (1.606) {l8) 24,086 11,061 Other operatithg iDcome Other ite• Profit on ordinary a1vities befo fthance clhar8es and iDttrest Bank intcrcst and sirniiar income rK¢tvabl¢ 12J86 88 .549 Profit for the fiD8ncial year 4,193 12,474 This page does not fomi part of the statutory flnancial 5tthmeTts. Page 12