Registered Number: 05701213 England and Wales ## PEWSHAM PRE-SCHOOL LIMITED Report of the Directors and Unaudited Financial Statements ## **Period of accounts** **Start date:** 01 September 2023 **End date:** 31 August 2024 1 of 15 PEWSHAM PRE-SCHOOL LIMITED Contents Page For the year ended 31 August 2024 |Company information|3| |---|---| |Directors' report|4| |Accountants' report|6| |Income statement|7| |Statement of financial position|8| |Notes to the financial statements|10| |Detailed Income Statement|14| 2 of 15 PEWSHAM PRE-SCHOOL LIMITED Company Information For the year ended 31 August 2024 **Directors** Joanna PENROSE Laura Forrest SMITH Teryn MARLOW Hannah SIMPKINS Harriet DAVIS Clare Elizabeth HUNT Peter Thomas MARLOW Jenna Julie NICHOLSON Catherine PENFOUND **Registered Number** 05701213 **Registered Office** Pewsham Preschool Lodge Road Kings Lodge School Site Chippenham Wiltshire SN15 3SY **Accountants** Boffix & Co Accountancy Limited St Alban Tower Wood Street London EC2V 7AF 3 of 15 PEWSHAM PRE-SCHOOL LIMITED Directors' Report For the year ended 31 August 2024 ## **Director's report and financial statements** The directors present his/her/their annual report and the financial statements for the year ended 31 August 2024. ## **Principal activities** Principal activity of the company during the financial year was of Pre-primary education ## **Statement of directors' responsibilities** The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to : select suitable accounting policies and then apply them consistently - make judgements and accounting estimates that are reasonable and prudent - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions 4 of 15 ## PEWSHAM PRE-SCHOOL LIMITED Directors' Report For the year ended 31 August 2024 ## **Directors** The directors who served the company throughout the year were as follows: Joanna PENROSE Laura Forrest SMITH Teryn MARLOW Hannah SIMPKINS Harriet DAVIS Clare Elizabeth HUNT Peter Thomas MARLOW Jenna Julie NICHOLSON Catherine PENFOUND This report was approved by the board and signed on its behalf by: ---------------------------------Peter Thomas MARLOW Director Date approved: 13 May 2025 5 of 15 ## PEWSHAM PRE-SCHOOL LIMITED Accountants' Report For the year ended 31 August 2024 Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of PEWSHAM PRE-SCHOOL LIMITED for the year ended 31 August 2024. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PEWSHAM PRE-SCHOOL LIMITED for the year ended 31 August 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of PEWSHAM PRE-SCHOOL LIMITED , as a body, in accordance with the terms of our engagement letter dated 13 May 2025. Our work has been undertaken solely to prepare for your approval the accounts of PEWSHAM PRE-SCHOOL LIMITED and state those matters that we have agreed to state to the Board of Directors of PEWSHAM PRESCHOOL LIMITED , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PEWSHAM PRE-SCHOOL LIMITED and its Board of Directors as a body for our work or for this report. It is your duty to ensure that PEWSHAM PRE-SCHOOL LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PEWSHAM PRE-SCHOOL LIMITED . You consider that PEWSHAM PRE-SCHOOL LIMITED is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of PEWSHAM PRESCHOOL LIMITED . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 31 August 2024. .................................................... Boffix & Co Accountancy Limited Boffix & Co Accountancy Limited St Alban Tower Wood Street London EC2V 7AF 13 May 2025 6 of 15 ## PEWSHAM PRE-SCHOOL LIMITED Income Statement For the year ended 31 August 2024 |**Notes**
**Turnover**
**Gross profit**
Administrative expenses
**Operating profit**
2
**Profit/(Loss) on ordinary activities before taxation**
Tax on profit on ordinary activities
**Profit/(Loss) for the financial year**|**2024**
**£**
127,453
**127,453**
(119,833)
**7,620**
**7,620**
0
**7,620**|**2023**
**£**
127,376| |---|---|---| |||**127,376**
(112,943)| |||**14,433**| |||**14,433**
0| |||**14,433**| 7 of 15 ## PEWSHAM PRE-SCHOOL LIMITED Statement of Financial Position As at 31 August 2024 |**Notes**
**Fixed assets**
Tangible fixed assets
4
**Current assets**
Debtors
5
Cash at bank and in hand
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Capital and reserves**
Profit and loss account
6
**Members' funds**|**2024**
**£**
11,225
**11,225**
861
148,283
**149,144**
**149,144**
160,369
**160,369**
160,369
**160,369**|**2023**
**£**
12,582| |---|---|---| |||**12,582**
1,333
138,834| |||**140,167**| |||**140,167**| |||152,749| |||**152,749**| |||152,749| |||**152,749**| For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: 1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. 2. 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. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 8 of 15 ## PEWSHAM PRE-SCHOOL LIMITED Statement of Financial Position As at 31 August 2024 The financial statements were approved by the board of directors on 13 May 2025 and were signed on its behalf by: ------------------------------- Peter Thomas MARLOW Director 9 of 15 PEWSHAM PRE-SCHOOL LIMITED Notes to the Financial Statements For the year ended 31 August 2024 ## **General Information** PEWSHAM PRE-SCHOOL LIMITED is a private company, limited by guarantee, registered in England and Wales, registration number 05701213, registration address Pewsham Preschool Lodge Road, Kings Lodge School Site, Chippenham, Wiltshire, SN15 3SY. The presentation currency is £ sterling. ## **1. Accounting policies** ## **Significant accounting policies** ## **Statement of compliance** These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. ## **Basis of preparation** The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company. ## **Group accounts** The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts. ## **Turnover** Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. ## **Government grants** Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred. ## **Operating lease rentals** Rentals payable under operating leases are charged against income on a straight line basis over the lease term. ## **Research and development expenditure** Research and development expenditure is charged to the income statement in the period in which it is incurred. 10 of 15 PEWSHAM PRE-SCHOOL LIMITED Notes to the Financial Statements For the year ended 31 August 2024 ## **Preference dividends** Where preference shares are classed as liabilities rather than equity any preference dividends paid are included in interest payable and similar charges within the income statement. ## **Goodwill** Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years. ## **Tangible fixed assets** Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. 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 basis: |e following basis:|| |---|---| |Plant and Machinery|20 Reducing Balance| |Fixtures and Fittings|15 Reducing Balance| |Improvements to property|10 Reducing Balance| ## **Stocks** Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. ## **2. Operating profit/(loss)** |**Operating profit/(loss)**||| |---|---|---| ||**2024**|**2023**| ||**£**|**£**| |The operating profit is stated after charging:||| |Depreciation of tangible fixed assets|1,357|1,528| ## **3. Average number of employees** Average number of employees during the year was 10 (2023 : 9). 11 of 15 ## PEWSHAM PRE-SCHOOL LIMITED Notes to the Financial Statements For the year ended 31 August 2024 ## **4. Tangible fixed assets** |**Cost or valuation**
At 01 September 2023
Additions
Disposals
At 31 August 2024
**Depreciation**
At 01 September 2023
Charge for year
On disposals
At 31 August 2024
**Net book values**
Closing balance as at 31 August
2024
Opening balance as at 01
September 2023|Plant and
Machinery
**£**
841
-
-
**841**
841
-
-
**841**
**-**
**-**|Fixtures
and Fittings

**£**
11,440
-
-
**11,440**
9,459
297
-
**9,756**
**1,684**
**1,981**|Improvements
to property
**£**
48,218
-
-
**48,218**
37,617
1,060
-
**38,677**
**9,541**
**10,601**|**Total**
**£**
60,499
-
-| |---|---|---|---|---| |||||**60,499**| |||||47,917
1,357
-| |||||**49,274**| |||||**11,225**| |||||**12,582**| ## **5. Debtors: amounts falling due within one year** |PAYE & Social Security
**Creditors: amount falling due within one year**|**2024**
**£**
861
**861**
**2024**
**£**
**0**|**2023**
**£**
1,333
**1,333**
**2023**
**£**
**0**| |---|---|---| ## **6. Creditors: amount falling due within one year** 12 of 15 ## PEWSHAM PRE-SCHOOL LIMITED Notes to the Financial Statements For the year ended 31 August 2024 ## **7. Profit and loss account** |**Profit and loss account**|| |---|---| |Balance at 01 September 2023
Profit for the year
Balance at 31 August 2024|**2024**
**£**
152,749
7,620| ||**160,369**| ## **8. Company Limited by Guarantee** The company is limited by guarantee and therefore has no shares. 13 of 15 ## PEWSHAM PRE-SCHOOL LIMITED Detailed Income Statement For the year ended 31 August 2024 |**Turnover**
Bank Interest
Fees
Gross profit
**Administrative expenses**
Wages & Salaries
Staff Training
Staff Welfare
Accountancy Fees
Legal and Professional Fees (Allowable)
Raising Funds
Rates & Water
Light, Heat & Power
Cleaning of Premises
Other Office Costs
General Travel Expenses
Depreciation Charge: Fixtures & Fittings
Depreciation Charge: Improvements to
property
Advertising
Entertainment
General Insurance
Computer Expenses
Repairs & Renewals
Stationery & Postage
Telephone, Fax & Internet
Sundry Expenses
Operating profit
**Profit/(Loss) on ordinary activities before**
**taxation**
**Profit/(Loss) for the financial year**|92,876
565
36
2,681
1,204
523
0
2,408
2,099
4,973
42
297
1,060
248
493
790
0
5,098
1,424
825
2,191|**2024**
**£**
1,024
126,429
**127,453**
**127,453**





















(119,833)
**7,620**
**7,620**
**7,620**|



89,351
681
59
3,024
108
534
578
2,078
1,986
4,807
0
350
1,178
258
831
754
60
1,951
1,166
717
2,472|**2023**
**£**
326
127,050| |---|---|---|---|---| |||||**127,376**| |||||**127,376**
(112,943)| |||||| |||||**14,433**| |||||**14,433**| |||||**14,433**| 14 of 15 PEWSHAM PRE-SCHOOL LIMITED Detailed Income Statement For the year ended 31 August 2024 15 of 15