GREAT BARTON PATHWA YS LIMITED (A COMPANY LIMITED BY GUARANfEE) UNAiQ)ITED REPORT AND FINANCIAL STATEMENIS FOR THE YEAR ENDED 31 AUGUST 2024 COMPANY NUMBER: 06&b1291 CHARITY NIIMBER: 1125759
GREAT BARTON PATHWAYS LIMITED coNrENTS OF FINANCIAL STATEMENTS Rep)n of Direcwrsrrrnste Pagesl4 Stttement of Financiat Activitics Page 5 BalanLX Sheet Noi¢S to the Furdlat Statements Pag&$7to 14 Indeent Examiners Rert Page 15
GREAT BARTON PATHWAYS LIIKITED REPORT OF THE DIRECTORsrrRITSTEES The d1Cr&Itntees present their TeFw)rt with the aUnts of Gte¥t Bgrton Pathways Lirnitsd for the year ended 3 1 August 2024. The annual reixt fornis p of this re[rL REFERENCE AND ADMINISTRATION DETAILS:_ DIRECtORS Mrs L Moss {resigned 5 Octhr 2023) Mr R Wcbb (r¢sig1d 5 Octokr 2023) Mrs H Feakes Dr L Powell Mr% J Rnhinfnn (App)inied S ()rJnher 2021) Mr X Robi%0 (ap)Intel 5 (kknber 2023) COMPANY SECRETARIFS Mwb H Frdk¢b' Dr L Powell (resigned 5 OEtolxr 20?J} REGISTEREDI PRIP'CIPAL OFFICE SchLK)l Ro& Grcat Bartor4 Bwy St Fthiund& SuffolL IP312RJ COMPANY REGISTRATION 06601291 CILiRrry REGISTrATION 1125759 TRUSTEFS Mr5 L M055 (TEsigd 5 Oaobcr 2023) Mr R Wcbb (rIgned 5 Odoltr 2023) MTS H beakes Dr L Pow¢ll Mrs J Robin (8pwJinted 5 OctolKr 2023) Mr X Robirtsoti (apw)Anted 5 0¢ber 2023) BANKERS CAF REPORTP¥G AccOUANTs Twinn Acc4)untsnts Lirnltr Sulk 4 Fast Barton Bar Fast Barton Ro&L Great Barton. SuffolK IP312QY SOLICITORS Mctr2lfe C0man & Pettefar, Cage la Thetfo Norfolk. IP24 2DT
GREAT BARTON PATHWAYS LIMITED REPORT OF THE DIREcTORSRITSTEEs Icontittlledl The dtrethrs Submit their Rernrt and Accounts for the yegr ended 31 August 2024. The financial staments hav¢ .n preparth in t0rdtt with the acujunting p)li¢ies 5e¢ out on pages 7 to 14 ot'the accounts and con)ply with the charity's tnLSt dee awities Aci 2011. Accounting RertIng by Charili¢s: Stakment of Rec4)mmended Proctice applic1¢ lo charilic3 prcpariii8 their accounts in accor with thc rtnancial ertIng StandaTd applicablc in UK and Republic of Ireland FRS102 publish0 16July 2014 and up12ted 2 February 2016 and thc Companies Abi 2006. Strueture, &)vernanct and Mats4¢m¢nt Governing Dotument The or8anisation is a ehgritsble comwdny limited by 8Wdnt it waE incortrated on 23 May 2008 and re8iStered &$ a charity on 8 S¢pt¢mkn 21M)8. The company remained domiant Iiiilil l August 2(M)8 when 0ratIonS from a former un-incorporatGd charity 'Grcat Darton Un(ki 5.5. {thlty nwnki 1013627) weie 15r¢lld. The company was ¢subltshcd under a Memorandum of A&8ociaiion which ¢sfablishcd th¢ obJecb"ves and wTrwers ot" the charitable company and is governed under its Artick5 of Association. The company ts Itmited by %uardntee and has Th) authorised or is$1 sharc i¥its]. The rneMIrs may c2]led upon to contributc £1 each in theevent of the company going iEJto liquidaiion. Trnstee EDduetion and Trilg Th¢ OJ L811)al atid LurIJL It1(v) with thr praciiLzI work of the chariry du¢ io their 'hands on. involvement. Futurc n¢w T will invited and encournged to attend trwning slOnS to familiarise themselves with th¢ chan.ty and the context m wthch it op¢ral¢& Pot¢ntiai new.1"ru5t will also be provid&1 with thc Charity Commi&sion publi¢atiOfE 'Th¢ ESntial Tn]slee'. what you need to know.. Objtttives and #ctivitits for publit btthefit The princiEMi activitie5 of Gr Barton Pathways Limited are in the pursuan of the ObJts for which it was fomie4 nam¢ly:_ Enhance development and education of children primarily un&r statutory sclM)ol ag¢ by encourdging parents to UlerStand aThJ provide for the necds of tsKir children throu comtnunity groups arKI by:" l. Offering appropriate play. education and care facilities and training cowse& togetherwith the right of parents to take r¢sFrf)nsibilities for and io kcome tnvolved in th¢ activities of such gTOUPS. ensuring such groups offer0prtUnIIIeS for all children ivhatev¢r th¢ir rac< culIu, religion. means or ability. 2. Encourdging the swdy of the needs of swh thildr¢n aN] their famil and promoting publLC illtercst in and rognitIOrt of ne&ts. 3. In5tiging and wjhering to aThl filring aims and (ybj¢cliv¢s of the prtrschool leaming alliance. The Board of Trslee$ are aware of their duty lo ensure the &tivities of Great Barton Pathways further its charitsble objectiv< that tlKse a(*ivilies are for the of public 1K1fIL
Aeknitvrncnts &d P¢rfornattce We arc happy to W Ihai thisyear Pathways ha5 iKtn thrlvlng finawially a1 uuHalty. A1thvut IiwiJIu> w¢i lower the year irfoK thisyew rAmlrrs for INAh day aRd wrap affjw)d care have InCred and th¢ fiffie Iwks very tmiSlDg inde¢ Totsl income for theyear is £166.8k to £151Jk IR wev10Ye giviDg of l(rA ]Dme mBiDly derives from The EY YeA¥s Grant fi7)m 2nd wrdp amunA e&re (Afterknl club. holiday club aThJ iKeakfast chth). The Pr11 again fiom Q537 in 2023 to £1.793 in 2024 giving a howevcr. ¢[C¥S¢d £58214 in 2013 m £68900 in 2024 giving an in11r of l8.3% The dit costs havc sccTh an iIKr¢ to lust over £125.5k in 2024 from £122.7k in 2023. RLsing costs the Imwd hav¢ a Rwtive for but a saving Iws ten with Pathways longer aciwting dinners Total ov¢rtth Iwe akn S¢ a from £44k ID 2023 ts) £37.5k in 2024. Thi5 is mainty allributed to a saving Lap1 ts similwio tr p10$Ye with crAnpktcd iwildI ilrttL% for the children. De4)ktc thc rising o)stsand"thMXn atKI gkx)m- thot we we plea to say Pathways has t¢mained strong and financtajly IK#lthy. This is allrltrtrted knyal sthtTth& wvtk JIu&iti¥ PIayS di attstivc deslination forparejjts aThl children. With a IKalthy lnk balar of ovcr£87.5k we lieve that Pathm'ays hls many productive years aheaL FINA]¥CIAL REVIEW Totsl incoming fth¢ yfw £l(é833 £151555 inth¢ riod. Tothl ffyjuw ¢xtthknl WUE £183.818 LW)xed b) £188.028 itithe PTevi0 year. OveralL ex]ittt exceethd inconx ty £1&985 year. comEmuI to adeficRt of £3&473 ill tIK year. of the clkrity's worL tly slwukl aim to atsure working capitsl of £61273 to cover aF4)Toximat¢ty ot 5clwl t¢nll'S 5ff And offiLr co& Tr Trustees review th¢ Financial Re*Yves Frf)licy 4wllthlly. Risk Review
GREAT BAIITON PAIIIWAYS LIMffED haTity tnLStees{wlK¥ al officer5 of Great Barton Pathway5 Limited for thepwx)ses ot"Lx>mpany law) 8¢E United Kingdom Accounti Siandwts (United Kingkn CneFaMy Ac¢qthl Acrymmttng PrxtiL}. time the finaticial lon ofthe comwny and #ble them to erL4we that the with the Compani¢s Sigoityg on behalf of the brtI Of 1hreetr&Ie DrL Powell
FORIHEYE4R AIXL%T2024 ended 31.8.23 Total Unresti*ted Restrrtrd Funds Fund 31.824 Tota Notes 13 61552 69.370 ajaritabk activitr 14 1.424 1.424 Ifa833 151.555 Raising fund5 15 16 183818 IK(F28 183.818 183,818 18&1T28 {IQ9RS) (IW5) (36.4TJ) TAXArnN {16.985) (1&985) (36.473) 159.432 159.432 195.g)5 141447 141447 159,432 All ofthe above ffsuks derive frnmr0ttts)v8 activtrs. The statenxol of financial aaivitm in¢ludes all gains and losses recogni5¢d in the year. The notrs on pag¢s 7t0 14 fonD part ofthese accounts
BAlANCES1T AS AT31 AiWT2024 Yejtrended Yesrended 31.& Tangl)k &ssets 74652 Stock D¢bto Cash * bank& n hand 5X> 17 91,031 88J42 3.147 3562 NEfKssEV3 141447 159,432 141447 I.432 141447 159.432 These ount8 have been pryared in x¢oJdAnc¢ with the SPeciPv#nll JeltiU8 to small c£n4Mns wiihin Part 15 ofthe ConpaniE5 Act Forth¢ fr2an¢ial y¢ar¢nd¢d 31 Aususi IY24the cotrymny entitkd to exnytioll fivmaudit underS¢ctu)n 477Cowie¥ Ad alld no n0C Iw beej) deposted und¢rS¢dx)n 47& The dllEC1o acknovknlge their5rsponsi)litw forensutiDS that the co]anY keeps ¥¢counting Yeconts which conwty with s386of the A¢L and for PParing accouttts give atrue and fairview ofth¢ state of aftbirs of the wnyaay as at th¢ end ofthe fmancial pernd and ofits prnfft or h)ss forthe fin8ncial p10d. accordance with the tcquitclluts of SeCtns 394and 395 and othenise ¢on¥•ty with the quIretS ?3 Approv¢d by th¢ BOS offe¢to on ..-.... . - and sign¢d on its bthalfby DrLPOlI (Ikne¢Sor) Mr X RobiosoD Ulire¢tor) Cwmy 06601291 Th¢ notes on pa8es 7 to 14fonD part ofthcse accounts
GREAT BARTON PATHWAYS LIMITED NOTLS TO THE ACCOIIM5 FOR THE YEAR ENDED 31 AIIGIIST 21124 AetountiTrg Poli¢1 Basis of prepar#tioD Th¢ finath¢ial statements have 6eeTh prepored in k¢¢ordat)c¢ with th¢ Statcrncnt of Rccommcn(kd prtiC¢". Arn1]ng and Rewning by Charities prqjaring their accounts in accordan with thc Financi Retxjrting Standard in thc UK id Rryuljlii (FKS 102) ibyjcd on 16 July 2014 and UPKd on 2 FetrKuary 2016 and the Companies Act The acCots have E¢en pled to give a.e aTMI faiv, vW 8rKI have &parted from the Charities (Accounts and Report5) R¢gulations 2008 only to the exni required to Provide a and fair- view. This d¢partur¢ has involved following Accounting and R¢tK)rting by Charities applicable to charities preparing their eunt8 in ACtr)rAknetr. wth the Financia] R¢p)rting Standard alICable in the UK and R¢public of ITelaThl (FRS 102) issfftl on 16 July 2014 and uwjated 2 FebnI 2016. Thc Charity eonstitut&8 a public iwGfit ¢ntity &5 &fined by fRSIOI The fTusiees conslder Ire no mw¢riaJ UnnainI1&S regarding Ihe Charity's ability to continueas agoing concern due to the valuc of th¢ inv¢stments and reserves heliL Financial Re)rtIn% statTd 102- Tedueed diselwure eiemptiotts The charity h&s tsken 2dv2ntage nf the ftsllnwng disc.In1re. eYemptKbn irt preparitxg these firvdneial statements. As perniitted by FRS 102"'The Financial R¢Frf)rting Stathd awlicabie in UK and R¢public of Ireland": the r¢quircrncnts of Section 7 Statement of Cth Flow5. The principal &counting wlici¢s athTrNed in the preparalton of finala1 statemenls are foliows'.- Ineoming RuoUt$ All incoming r¢s(xwccs ar¢ included in the Statement of Firwicial Activities when:_ the charity Etc¢)mes entitled ts the resource5 the tnLStee5 are virtua]ty c£rlain they will receive ts resY>urtrs and: the motietary Val I FK with sufficicttt r¢liability Donat10115 and Grants Income from thnatkins aThJ grall including wital grant& is iluded in itwming r¢9)urces when these are receivable. exceo &s follows.. When ¢knnoTS specify thatdonaiions and grants giv¢n to the clwity mtI in futweawunting periods, income i5 defttred until those TIO(L8. When donors impose conditions which have to FK fiEifilled before the charity becomes entitled to use such incorne, the ithcorn¢ is d¢f¢rr¢d and incluthd IA itKoming r¢9)wc¢s until the wtrcondttions for use have ten meL Interut Receivable Interest is included whcn re1vable by the charity. Pag¢ 7
GRLIT BARTOI¥ PATHWAYS LIMITED NOTFS TO THE AccoiINfs FOR THE YEAR EI¥DED 31 AIIGiisf 2024 Rt¥oureu Expended Resources expend ar¢ inclth in the Statement of Financial Activities on an aC¢n basi& in¢lu5ivc of any VAT, C¢itaiJi t[*4it[¢ is di¢¢1Y atttil)utable tts 5CifiC activttics and has been inclu¢Jed in tknsc wst catGgoric6. Ccrtain other cosL% which are attributsbl¢ 10 tnore than ort Aclivity, are apiKlrtioned across cost categories on the blS of an ¢sttmate of Uie prowjrtion of lim¢ by sraff on th0 aciiviii¢5. Tangible Fixed Auets Depreciation is provi in order lo write off each at over its eslimatcd use1 lif¢ as follows: Expendttujr on I¢0[d propcrty- 10 ycars Straight linc mcih(wJ Computer equipment- 3 years slrdight line Me)d Fumiture. lixluT¢S and ¢quiprnent- 4 yejrs strdight line metd Ind(M)r play ¢quiptnent-3 Yea straight line method Ouithor play equipment- 10 years straight line medd S¢fjek Sknck is valdat the lowerof cost and net realisable Val after making due alIowantt forobxTrlete and slow moving items. Fund A¢¢ouDting Funds held by the charity aT¢ ¢ith¢r. Unrestricted g¢n¢ral fimds- these are fimds which can in accordance with the ch&itable objectives aL the disLrvtivn (Trfihr itusicr Restricted fid5-these are fimds that can only Ix for particular restricted purp)ses within the objecl of the charity. RcstrictiOfL% arise when sel[led by the thxM)r w when fuThJs are raised tor paTts"cular restricted pwkx¥s¢s. Further cxplanation of the nature and PWFrf)s¢s of ¢adb fivKI is ild¢d in th¢ tK)t¢s to the fIr1claI Statement Taxation The clwity is exempt from cormion tax on its charitable xtiviti&s. Page 8
GKLAI. BARiufi PAI"HWA YS LIMITED NOTh3 TO IHE ACCOUN15 FOR THEYFAR 31 AT 2024 {eoDtinuedJ The charity Operat in the UK and th¢ whok of ils inconK and thc utaisatK)n of that inconr is attributsbk io its H1n activities. Yearended Ye8r ended 31.&24 31.8.23 fkt outSQinS f¢50Uf5 foi thcyear is Stated afiel cliar8iiig. Diff¢lots' nneratn DepreciatK)n oftsngbi le fTrEd &ssets Indcpcndrnt Fn•atpA fec 20.838 3,1&fi 21,374 2.478 4 TANGIBiETr1x ASSEtS C0 utcr Fumiture Pla t£asehold FixuJts& [T¢nI Pro crt ui Tvldl COST At l August AdditN)n5 &3 192 40,462 376,926 446,383 749 749 Disposab As at 31 August 2024 &PA13 20.941 40,462 376,926 447,132 At l August 2023 Chargc for ihc ycar Disposa15 A5 at 31 August 2024 7208 957 17242 1.439 15253 3.497 332.028 14.915 371.731 20.838 4165 14681 18.750 346,973 391569 A5 at 31 August 224 BOOKVALiIE As at 31 August 2011 638 21,712 29,953 54.563 19S) 44,898 74,652 Ycar ended Yearended 5 DBToRs 31.&24 31.8.13 Trade debtors 1.856 .127 1177 Prepaynrnts (Xher debtors 1777
KLA"I' BAK'IVN VA'I'HWAYt• LIMI"I'U) NOTFS TO THE ACCOiiNTS FOR THEYFAR ENDTrI) 31 AilT 2024 (continued) Year ended 31.8.24 Yearended 31.8.23 Trade creditors 219 Accrnals tkfeffed incon 1219 Other ctrdito 439 3.147 3.562 Year ended Year ended 31.8.24 31.8.23 The cotwany's investnrnt inconr is derived from the following: BatLk itJ¢¢I¢s¢ 1.424 633 Year ended Year ended 31.8.24 31.8.23 Getteral tncoming resources (notes 7, 13 & 14) Resourccs eyoended (notes 15 & 16) Tay2tion 166,833 (183.818) 151,555 (188,028) Net Twvetftt in fvnds (16,985) 159.432 142.447 (36.473) 195.905 159.432 Balance brought fonyard Balance as at 31 August 2024 Page 10
GREAT BARTON PATHWAYS LIMITED NO5 TO I7ACCoU[s FORIHEYE4R 31 AiWT21124 {continued) 9 ANAL15L8 OFNET ASSEIS BEIIVTrP4 TriINDS Yearellded Yearended 31.8.24 UnrestrKted Resiricted 31.8.23 Funds Fund "lotal Fund as at 31 August 2024 a represented by: Tangibk FLYd Assets CuThent Asse 54 54363 Yl,V31 74,652 88J42 13.562) 91.VJl (_I.147) Creditots.. AtTh)unts falling due one year Total Net Assets &$ at 31 August 2024 141447 141447 159,432 10 SH4RECAprrAL The coVanY ts limited hy Euxrnntee And no sha. rapilal. In the event ofthe c4)ttpany bein8 wund up each nmI)erill be rEqUitEd contnbute £1. I I PAiifYiRANSACIIONS trn8 the yearno Trllsie¢ was paMI remineratll torHXTrIkrn¢d out on behalfofthe Charity. IrnI8 the year£ttil {. £597) was (elltsed tntsttts forewenses. 12 ANALISKS OFSTATrFCOSTS Yearended Y£arend¢d 31.824 31.823 Staff costs as fojbws: salar & Wa8¢S Social Security Costs 119.¢MJ3 121.982 120,973 I218 The 8v¢rnge nunl)erofenykJyees the yWWd5 split as folknms:. DI¢t charitabk ewenditUTe Adnmnistration & managenmt io 10.0
liKLA"I' BAK'IDN YA'I"HIVA YS LIMI"I"EIP NOTFS TO THEACCOiM5 IHEYEAR 31 AiWT2024 (efjntinued) 13 NCOME- DONArnfrfs Ar GRAff15 Year ended Year ended 31.&24 31.8.23 tknrestricted Fun(b:. Suffotkcounty Councl- Farly yea Cranl 81.552 14 INCOME. CHARrrABiEACTivrriFS Year ended 31.8.24 Year ¢nd¢d 31.8.23 Ihrestricted Funds:_ Trips & activilies School dinneT5 569 3,1 362 1936 410 Mill( Unrfom Holiday club ftes After School club fees 245 15,180 27,957 4,012 15.137 1537 586 31554 1217 20,146 1.793 658 Llub frrs BreakfdS¢ club fees Prt4chool fees Fund raising acttyilies 78,686 69.370 Page 12
GRLAT BARTON PATHWAYS LIMITED NOTh5 TO THEACCOiJN15 IHEVLIR TrNDFJ) 31 AtLUST 2024 {cOntie) 15 RALSINC nJNDS iknrestritted Year cnd¢d 31.8.24 Year ended 31.8.23 Fund vaising Year ended Year ertded 31.8.24 31.8.23 ihrestritted Funth Schnnl AinrP.TS Food, shopping & esseniiaL8 UnifoTtT 7.936 Materials & supplieg Advertisitlg & prollK>tK)n ikIn'S entertainl1nt & replacenrnt toys Trys & ¢tivities Staff training & WEIkn Staff salaries 1915 3.497 2.185 1343 1.364 108,fl 1078 3291 105.615 1,735 Staff pensK)n contntsutions Ofsted registration fee siness ratrs 564 Water rat¢s 688 aeanin8 & reths¢ ¢ollectK)n L4ght & heat Tekphone Insurnnce 1245 4,334 4.493 1734 1556 1518 Conryjuter consunmbks & intemet Prop¢rty & gard¢n nmintenance Stationery & office ewenses Bookkeeping COSES Office sa]aries Office pcnsts)n contribuiions Independeni Fwjmnaiion fees MiscelLin¢ous 2.202 2.764 407 3.456 12,248 159 2.478 1,459 115 3.15 7.631 37 3,186 1.112 DBS CheGks Depreciation- fvrnitUTe. fLYtures & equipnrnt tkpreciation- pIay eqUipnnI Depreciation- conyuicr equipent Depreciation- leasehold property 1.439 3.497 957 3.625 1.010 14.945 14,945 183.818 188.028 P88e 13
GREAT BARTON PATHWAYS LIMITED NOTb5 TOTHEAccoiNfs FORIHEYFAR tNDU)31 AT2024 (cltinued) t7. COMPARAIIVbS MR qTATFMFNrnFFINANf.IAI. ArnvrrF.S Year en Unrestyict Funds R£stricted 31.8.13 Noteg Funds LknaiKbns & gfdnts aritabk activities InvesinKni tncon 81552 69J70 033 81.552 69J70 633 Totsj 151.555 151,555 ndltt¢re on: PAigin8 fjjnds ariLabk activities 15 16 188.028 188,028 I8&028 188,028 Nei income1(en7tsre) (3&473) (3Q473) TAXATr)N (3&473) (3&473) 195,W5 I95.5 159,432 159.432 Pag¢ 14
We rert on the forts y¢&athJ 31 AwJ# 2024. whiL* pges l kn 14. Having Satisf oursefves ttot conjrw t 5ubi¢LX to a111 Part 16 of 21K Act and aTe eligible for 145 of the char¢$ 20 11. In ¢ming wt ourcxaminatioo hwe folknved the dIrt& given by the Clwity Commiwn (Ur sC£tion 145(5Xb)of the 2011 AI )unts th not comply wlth relevant XC4)wthg requin)xnts section 396 of th¢ Compani¢sALt drawn io SuTt¢ 4. East Barton BaTDS GTeatBarton Bury St Edmunth Suffolk IP312QY Pagc 15