## **Rougham Acorns & Woodlands Limited**
1st August 2010 - 31st July 2021 Registered Charity No. 1124816
Company Registration No. 06454508
Registered Office: Pre-School Building, Church Road, Rougham, Bury St Edmunds. IP30 9JJ
## **Rougham Acorns & Woodlands Limited**
Company Information for the period ended 31 July 2021
**Director** : Lauren Loven Lynn Moss Jessica Frances Read Teresa Georgina Robertson Joanna Michele Burrows Jessica Jane Webb Elizabeth Jean Stacey Michelle Ann Reed Sarah Amy Mole **Company secretary:** Sara Clark **Registered office:** Pre-School Building Church Road Rougham Bury St Edmunds IP30 9JJ **Company Registration Number:** 06454508 (England & Wales)
## **Rougham Acorns & Woodlands Limited**
Directors Report Period Ended 31 July 2021
The directors present their report with the financial statements of the company for the period ended 31st July 2021.
## **Principal Activities**
The principal activity of the company in the period under review was: Pre-school education, wrap around child care and holiday club.
## **Directors**
The directors shown below have held office during the whole of the period from 1st August 2020 to 31st July 2021 Lauren Loven Jessica Frances Read Teresa Georgina Robertson Joanna Michele Burrows Elizabeth Jean Stacey
The company's main objectives are to enhance and provide for the development and education of children from pre-school age to twelve years of age through making facilities and services available to children in and out of school hours and during school holidays. This is achieved by offering appropriate play, education and care facilities, together with the right of parents to take responsibility for and to become involved in the activities and to offer opportunities for all children whatever their race, culture, religion, means or ability.
This report was approved by the board of directors on 28th March 2022 And Signed On Behalf Of The Board By:
Name: Lauren Loven Status: Director
## **Rougham Acorns & Woodlands Limited Company Registration No. 06454508**
## **Income & Expenditure Account For the year 1st August 2020 to 31st July 2021**
|**Sales Income**|**2021**|**2020**|
|---|---|---|
|Breakfast Club Fees|£ 5,596.62|£ 6,105.55|
|Pre-school Fees|£ 9,956.00|£ 4,266.56|
|Lunch Club Fees|£ 3,553.00|£ 2,163.18|
|After School Club Fees|£ 16,030.60|£ 17,090.27|
|Holiday Club Fees|£ 17,116.50|£ 14,131.90|
|Uniform sales|£ 46.00|£ 40.00|
||**£ 52,298.72**|**£ 43,797.46**|
|**Other Income**|||
|SCC Additional Funding|£ 3,607.98|£ 10,446.70|
|SCC Early Years Grant|£ 63,144.52|£ 54,753.04|
|Bank Interest Received|£ 4.35|£ 65.87|
|Hot Lunches|£ 38.00|£ 195.54|
|COVID-19 Grants (inc CJRS)|£ 15,565.13|£ 15,654.55|
||**£ 82,359.98**|**£ 81,115.70**|
|**Fundraising Income**|||
|Donations|£ 3,350.00|£ -|
|Cake Stalls|£ -|£ 65.00|
|Assorted fundraising activities|£ 121.74|£ 100.00|
|Christmas fundraisers|£ 488.30|£ 140.00|
|Easter/Summer Fete|£ 568.95|£ -|
||**£ 4,528.99**|**£ 305.00**|
|**Total income for the year**|**£ 139,187.69**|**£ 125,218.16**|
|**Purchases**|||
|Resources/Materials|£ 2,152.70|£ 3,333.26|
|Play equipment|£ -|£ 210.23|
|Fundraising costs|£ 258.70|£ 80.72|
|Hot Lunches|£ -|£ -|
||**£ 2,411.40**|**£ 3,624.21**|
|Direct Expenses|||
|Advertising & Committee exp|£ 121.33|£ 35.57|
|Staf Refreshments|£ 107.40||
|Miscellaneous Exp|£ 365.99|£ 323.49|
||**£ 594.72**|**£ 362.06**|
|**Gross Proft**|**£ 136,181.57**|**£121,231.89**|
## **Rougham Acorns & Woodlands Limited Company Registration No. 06454508**
|**Overheads**
Gross Wages
Rent, Rates & Prem insurance
Heat, light & power
Printing, Postage & Stationery
Telephone/internet/comp chrg
professional fees
Maintenance & Premises Expenses
Bank Charges
Clothing costs
Training/course fees
PLA Membership & Liability Insurance
Food, snacks for children
Depreciation
Bad debts
Discounts Allowed
**Total Expenditure for Year**
**Surplus/Defcit for Year**|**2021**
£ 107,342.25
£ 2,242.43
£ 712.76
£ 939.69
£ 1,163.19
£ 830.21
£ 4,673.22
£ 34.50
£ 97.44
£ 15.00
£ 949.96
£ 1,679.52
£ 556.95
£ 4,481.39
£ -
**£125,718.51**
**£ 10,463.06**|**2020**
£ 109,843.62
£ 2,180.54
£ 704.32
£ 1,290.33
£ 1,356.25
£ 705.23
£ 10,208.12
£ 32.00
£ 160.54
£ 949.37
£ 927.37
£ 1,891.69
£ 587.96
£ 4,960.63
£ -
**£135,797.97**|
|---|---|---|
|||
**-£ 14,566.08**|
## **Rougham Acorns & Woodlands Limited**
## **Company Registration No. 06454508**
|**Balance Sheet as at 31st July 2021**
**Fixed assets**
**2021**
Property
152,000.00
Building Equip
0.00
Ofce Equip
91.98
Furniture & Fixtures
358.20
**Current assets**
Debtors
10,601.39
Cash at bank & in hand
53,379.17
**Current Liabilities**
Creditors: amounts falling due within one year
932.85
Payroll taxation
664.58
Wages
261.22
Credit Card (Creditors)
632.98
**Current Assets less Current Liabilities:**
**Total Assets less Current Liabilities:**
**Long Term Liabilities**
Creditors: Long term
Building
152,000.00
**Total Assets less Total Liabilities**
**Capital & Reserves**
Reserves
51,475.95
Income & Expenditure account
10,463.16|**2020**
152,000.00
30.01
158.97
745.16
152,450.18
3,803.91
48,771.46
63,980.56
282.31
727.84
399.19
624.22
2,491.63
61,488.93
213,939.11
152,000.00
152,000.00
**61,939.11**
66,042.03
- 14,566.08
**61,939.11**|
|---|---|
For the year ended 31st July 2021, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
- i) The members have not required the company to obtain an audit of its accounts for year in question in accordance with section 476 of the Companies Act 2006.
- ii) The directors acknowledge their responsibilities for complying with the requiremen of the Act with respect to accounting records and the preparation of accounts.
- ii) These accounts have been prepared in accordance with the provisions applicable t companies subject to the small companies' regime.
The Financial Statements were approved by the Board of Directors on 28th March 2022 and signed on their behalf by:
…………………………………………………. ……………………………… Director Date Lauren Loven
152,934.14
52,575.37
2,033.56 50,541.81 203,475.95
152,000.00 **51,475.95**
**51,475.95**
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## **Directors Report for August 2020 to July 2021**
We made it! We have reached the end of another year at the preschool and what a yea We finished the previous year (July 31st 2020) with a £14,000 loss where Covid had com wiped out our income from additional clubs and extra sessions outside of the funded pl too sure of what was coming up in the 20/21 year, but we battled on. We have been ve fortunate to have been in a strong financial position before the pandemic hit which has to get through thus far.
We have also been very lucky to have such great staff who have remained flexible to th of the setting with the help of the furlough scheme to back up their wages. Due to the being in receipt of the designated school grant (DSG) we have not been able to access furlough grant but we are confident that what we have claimed is correct and all record calculations have been retained for a possible audit. In the period Aug 2020 to July 202 received £6762.13 from the furlough scheme. We have also been awarded Covid grant West Suffolk Council for the same period totalling £8803.00 as we have remained open worker children and then all children as requested.
Overall our extra clubs (breakfast/lunch/after school/holiday & extra preschool sessions statring to bounce back now and this income stream is gradually being restored.
After our loss at the end of 19/20 financial year we have been extremely careful with o around the setting and staff have been very thrifty with our resources. We also had to with reduced staff numbers to help our financial position as much as possible and our s been brilliant in sharing the available hours to ensure that we kept going. The only exp we have not been able to save on has been our cleaning and PPE bill which has unders gone up.
Although the numbers look good we need to understand that the grants awarded towa of the new entrance are included here but the work will be carried out and invoiced in t financial year. We have also had to write off bad debts where we have been unable to outstanding accounts through the pandemic due to lack of face to face contact and chi on. This is something that we need to try to address more in the future years.
I believe that we are in a much stronger financial position now than we thought we wou hope to be able to continue our recovery over the next few years.
Signed by……………………………………………………Position………Director…………. PRINT NAME...…LAUREN LOVEN...………..……….Date……..28th March 2022….……
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