## **Rougham Acorns & Woodlands Limited**
1st August 2021- 31st July 2022 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 2022
|**Director**:|Sarah Amy Mole|Chair|
|---|---|---|
||Lauren Loven||
||Jessica Frances Read||
||Teresa Georgina Robertson||
||Joanna Michele Burrows|resigned 25 Oct 2021|
||Elizabeth Jean Stacey|resigned 25 Oct 2021|
||Jessica Aline Hay||
||Helen Marisa Ramnought||
||Jamie Peel Young|resigned 21 Feb 2022|
||Abbie Louise Young|resigned 21 Feb 2022|
||Felicity Megan Fairweather Harris||
||Luci Rachael Twigden||
||Alice Smith||
||Amber Rose Chignell|resigned 21 Feb 2022|
||Becky Barker||
||Stephanie Cook|resigned 21 Feb 2022|
|**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 2022
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 2021 to 31st July 2022 Lauren Loven Jessica Frances Read Teresa Georgina Robertson Sarah Amy Mole
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 13th October 2022 And Signed On Behalf Of The Board By:
## LAUREN LOVEN
Name: Lauren Loven Status: Director
## SARAH MOLE
Name: Sarah Amy Mole Status: Director
## **Rougham Acorns & Woodlands Limited Company Registration No. 06454508**
## **Income & Expenditure Account For the year 1st August 2021 to 31st July 2022**
|**Sales Income**||**2022**||**2021**|
|---|---|---|---|---|
|Breakfast Club Fees|£|4,477.14
|£|5,596.62
|
|Pre-school Fees|£|21,434.40
|£|9,956.00
|
|Lunch Club Fees|£|4,857.75
|£|3,553.00
|
|After School Club Fees|£|18,845.85
|£|16,030.60
|
|Holiday Club Fees|£|20,990.61
|£|17,116.50
|
|Uniform sales|£|93.00
|£|46.00
|
||**£**|**70,698.75**
|**£**|**52,298.72**
|
|**Other Income**|||||
|SCC Additional Funding|£|3,171.54
|£|3,607.98
|
|SCC Early Years Grant|£|75,048.48
|£|63,144.52
|
|Bank Interest Received|£|13.23
|£|4.35
|
|Hot Lunches|£|-
|£|38.00
|
|COVID-19 Grants (inc CJRS)|£|264.18
|£|15,565.13
|
||**£**|**78,497.43**
|**£**|**82,359.98**
|
|**Fundraising Income**|||||
|Donations|£|2,202.39
|£|3,350.00
|
|Cake Stalls|£|40.18
|£|-
|
|Assorted fundraising activities|£|308.00
|£|121.74
|
|Christmas fundraisers|£|330.80
|£|488.30
|
|Easter/Summer Fete|£|612.77
|£|568.95
|
||**£**|**3,494.14**
|**£**|**4,528.99**
|
|**Total income for the year**|**£**|**152,690.32**
|**£**|**139,187.69**
|
|**Purchases**|||||
|Resources/Materials|£|5,658.11
|£|2,152.70
|
|Play equipment|£|2,966.08
|£|-
|
|Fundraising costs|£|68.75
|£|258.70
|
|Hot Lunches|£|-
|£|-
|
||**£**|**8,692.94**
|**£**|**2,411.40**
|
|Direct Expenses|||||
|Advertising & Committee exp|£|56.00
|£|121.33
|
|Staff Refreshments|£|142.13
|£|107.40
|
|Miscellaneous Exp|£|508.55
|£|365.99
|
||**£**|**706.68**
|**£**|**594.72**
|
|**Gross Profit**|**£**|**143,290.70**
|**£**|**136,181.57**
|
## **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/Deficit for Year**|**2022**
114,052.59
£
2,369.04
£
1,172.31
£
1,018.01
£
1,139.52
£
886.63
£
10,204.75
£
67.47
£
507.00
£
1,381.40
£
957.33
£
1,988.72
£
413.76
£
2,767.54
£
-
£
**138,926.07**
**£**
**4,364.63**
**£**|**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**
**£**|
## **Rougham Acorns & Woodlands Limited**
## **Company Registration No. 06454508**
## **Balance Sheet as at 31st July 2022**
|**Rougham Acorns & Woodlands Limited**
**Company Registration No. 06454508**
**Balance Sheet as at 31st July 2022**||||
|---|---|---|---|
|**Fixed assets**
**2022**
Property
152,000.00
Building Equip
0.00
Office Equip
24.33
Furniture & Fixtures
562.07
**Current assets**
Debtors
12,604.99
Cash at bank & in hand
56,133.62
**Current Liabilities**
Creditors: amounts falling due within one year
1,260.98
Payroll taxation
557.48
Wages
279.22
Credit Card (Creditors)
923.59
**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
61,939.11
Income & Expenditure account
4,364.63|**2021**
152,000.00
0.00
91.98
358.20
152,586.40
10,601.39
53,379.17
68,738.61
932.85
664.58
261.22
632.98
3,021.27
65,717.34
218,303.74
152,000.00
152,000.00
**66,303.74**
51,475.95
10,463.16
**66,303.74**|152,450.18
63,980.56
2,491.63
61,488.93
213,939.11
152,000.00
**61,939.11**||
||||**61,939.11**|
For the year ended 31st July 2022, 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 the year in question in accordance with section 476 of the Companies Act 2006. ii) The directors acknowledge their responsibilities for complying with the requirements 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 to companies subject to the small companies' regime.
The Financial Statements were approved by the Board of Directors on 13th October 2022 and signed on their behalf by:
LAUREN LOVEN 13-Oct-22 Director Date Lauren Loven
## **Directors Report for 1st August 2021 to 31st July 2022**
We made it! We have reached the end of another year at the preschool and what a year it's been. We finished the previous year (July 31st 2020) with a £14,000 loss where Covid had completely wiped out our income from additional clubs and extra sessions outside of the funded places. Not too sure of what was coming up in the 20/21 year, but we battled on. We have been very fortunate to have been in a strong financial position before the pandemic hit which has helped us to get through thus far.
We have also been very lucky to have such great staff who have remained flexible to the demands of the setting with the help of the furlough scheme to back up their wages. Due to the setting being in receipt of the designated school grant (DSG) we have not been able to access the full furlough grant but we are confident that what we have claimed is correct and all records and calculations have been retained for a possible audit. In the period Aug 2020 to July 2021 we received £6762.13 from the furlough scheme. We have also been awarded Covid grants from West Suffolk Council for the same period totalling £8803.00 as we have remained open to key worker children and then all children as requested.
Overall our extra clubs (breakfast/lunch/after school/holiday & extra preschool sessions) are really 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 our spending around the setting and staff have been very thrifty with our resources. We also had to operate with reduced staff numbers to help our financial position as much as possible and our staff have been brilliant in sharing the available hours to ensure that we kept going. The only expense that we have not been able to save on has been our cleaning and PPE bill which has understandably gone up.
Although the numbers look good we need to understand that the grants awarded towards the cost of the new entrance are included here but the work will be carried out and invoiced in the next financial year. We have also had to write off bad debts where we have been unable to chase those outstanding accounts through the pandemic due to lack of face to face contact and children moving 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 would be and we hope to be able to continue our recovery over the next few years.
Signed by………LAUREN LOVEN……………Position………Director…………. PRINT NAME...…LAUREN LOVEN...………..……….Date……..13 October 2022….……