COMPANY NUMBER: 5392129 (ENGLAND AND WALES)
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
DIRECTORS' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
PEMBURY SCHOOL HOUSE NURSERY COMPANY LIMITED BY GUARANTEE COMPANY INFORMATION FOR THE YEAR ENDED 31 JULY 2021
| Company Number: | 5392129 (ENGLAND & WALES) | 5392129 (ENGLAND & WALES) |
|---|---|---|
| Directors: | A FINEMAN | Appointed 09 November 2009 |
| R L VENTIN | Appointed 22 January 2016 | |
| Resigned 16 November 2020 | ||
| J ASKEW | Appointed 16 November 2020 | |
| Secretary: | J S SHEPPARD | Appointed 22 January 2016 |
| Registered Charity Number: | 1109583 | |
| Registered Office: | LOWER GREEN | ROAD |
| PEMBURY | ||
| KENT | ||
| TN2 4EB |
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021
CONTENTS
| Page | |
|---|---|
| Directors' Report | 1 |
| Profit and Loss Account | 2 |
| Balance Sheet | 3 |
| Notes | 4 to 6 |
| The following page does not form part of the Statutory Financial Statements: | |
| Detailed Income and Expenditure Account | 7 |
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 JULY 2021
The directors present their report and financial statements for the year ended 31 July 2021.
Principal activities
The principal activity of the company is to provide nursery school facilities for pre school children.
Directors
The directors who served during the year were as follows:
A FINEMAN Appointed 09 November 2009 R L VENTIN Appointed 22 January 2016 Resigned 16 November 2020 J ASKEW Appointed 16 November 2020 J S SHEPPARD Appointed 22 January 2016
Responsibilities of the directors
The directors are required to prepare financial statements for each financial year which give a true and fair view of the financial activities of the charity and of its financial position at the end of that year. In preparing those financial statements the directors are required to:
-
(a) select suitable accounting policies and apply them consistently;
-
(b) make judgements and estimates that are reasonable and prudent:
-
(c) state whether the policies adopted are in accordance with the Companies Act 1985 and with applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the financial statements.
-
(d) prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in existence.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board
…………………….
ALAN FINEMAN
NOVEMBER 15 2021
Page 4
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 JULY 2021
| Turnover Administrative expenses Operating (deficit) / surplus Other interest receivable and similar income HMRC Furlough Scheme Small Business Grant Surplus on ordinary activities before taxation Tax on surplus on ordinary activities Retained (deficit) / surplus for the year |
Note 2 10 |
2021 £ 93,646 112,778 (19,132) 540 3,560 8,097 (6,935) - (6,935) |
2020 £ 104,843 118,741 |
|---|---|---|---|
| (13,898) 636 16,078 10,000 |
|||
| 12,816 - |
|||
| £12,816 |
The company has made no acquisitions nor discontinued any operations within the meaning of Financial Reporting Standard 3 during the year; therefore turnover and operating profit / (deficit) derive entirely from continuing operations.
The company has no recognised gains or losses other than the surplus or deficit for the financial year.
The annexed notes form part of these financial statements.
Page 2
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET AS AT 31 JULY 2021
| Fixed assets Tangible Assets Current assets Debtors Cash at bank and in hand Creditors Amounts falling due within one year Net current assets Total assets less current liabilities Net assets Capital and reserves Other reserves Income and expenditure account Members' funds |
Note 5 6 7 8 9 |
2021 £ 1,344 86,380 87,724 (1,776) |
£ 2,705 85,948 88,653 £88,653 8,379 80,274 £88,653 |
2020 £ 1,515 92,397 93,912 (1,327) |
£ 3,003 92,585 |
|---|---|---|---|---|---|
| 95,588 | |||||
| £95,588 | |||||
| 8,379 87,209 |
|||||
| £95,588 |
In the opinion of the directors the company is entitled to claim exemptions from audit by virtue of subsection (1) of Section 249A of the Companies Act 1985. Members have not required the company, under s.249B(2) of the Companies Act 1985 to obtain an audit for the year ended 31 July 2021. The directors are responsible for ensuring that the company maintains accounting records in compliance with Section 221 of that Act and for preparing accounts which give a true and fair view of the affairs of the company as at the end of the financial year and of its profit or loss for the year then ended in accordance with Section 226, and which comply with the other requirements of the Act relating to the accounts so far as applicable to the company.
Approved by the board of directors on 15 November 2021 and signed on its behalf.
………………………………
ALAN FINEMAN
The annexed notes form part of these financial statements.
Page 3
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
- 1 Accounting policies
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures and fittings; and Equipment - 25% per annum on reducing value.
2 Operating (deficit) / surplus
| This is stated after charging: Depreciation of owned assets |
2021 £ 902 |
2020 £ 1,001 |
|
|---|---|---|---|
3 Transactions with Directors
The following Directors received emoluments from the Company during the year.
| R L Ventin J Askew J S Sheppard These amounts are included in the total of wages and salaries shown below: |
2021 2020 £ £ 8,653 28,412 17,943 - 21,539 22,854 |
|---|---|
The following Directors received pension contributions from the Company during the year.
| 4 | R L Ventin J Askew J S Sheppard Staff costs The aggregate payroll costs for all staff members were: Wages and Salaries |
2021 £ 54 426 483 2021 £ 95,906 |
2020 £ 654 - 486 2020 £ 100,814 |
|
|---|---|---|---|---|
Page 4
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 JULY 2021
| 5 6 |
Tangible fixed assets Cost: At 01 August 2020 Additions At 31 July 2021 Depreciation: At 01 August 2020 Charge for the year At 31 July 2021 Net book value: At 31 July 2021 At 31 July 2020 Debtors Due within one year: Sundry debtors Rent paid in advance |
2021 £ 0 1,344 £1,344 |
Total Assets £ 19,490 604 |
|
|---|---|---|---|---|
| 20,094 | ||||
| 16,487 902 |
||||
| 17,389 | ||||
| £2,705 | ||||
| £3,003 | ||||
| 2020 £ 171 1,344 |
||||
| £1,515 |
Page 5
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 JULY 2021
| 7 8 9 |
Creditors- amounts falling due within one year Guaranteed deposits Accruals Other reserves Pre incorporation surplus Income and Expenditure account Balance at 01 August 2020 Deficit for the year Balance at 31 July 2021 |
||
|---|---|---|---|
10 Taxation
The company is registered with the Charities Commission and also incorporated limited by guarantee, therefore there is no tax liability for any surplus incurred during the period.
Page 6
COMPANY LIMITED BY GUARANTEE
DETAILED INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JULY 2021
| Turnover Fees Other Direct Income Fundraising activities Grants received Gross surplus Other interest receivable & similar HMRC Furlough Scheme Small Business Grant Overheads Wages and Salaries Company Pension Costs Rent and Service Charges Repairs and Renewals Cleaning Consumables Telephone Stationery and Postage Payroll Cost Fundraising Costs Insurance Staff Training Sundries Depreciation Covid 19 Costs Surplus / (Deficit) on ordinary activities |
£ 95,906 1,039 8,368 355 1,353 774 768 781 89 108 619 828 596 902 292 |
2021 | £ 38,610 388 54,648 93,646 540 3,560 8,097 105,843 112,778 £6,935 |
2020 £ 100,814 1,331 8,456 865 1,001 1,069 824 692 86 0 619 240 732 1,001 1,011 |
£ 43,693 1,336 59,814 |
|---|---|---|---|---|---|
| 104,843 636 16,078 10,000 |
|||||
| 131,557 118,741 |
|||||
| £12,816 |
Page 7