**Company Registration No. 6927017 (England and Wales)**
**LITTLE FRIENDS PRE-SCHOOL LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021**
## **LITTLE FRIENDS PRE-SCHOOL LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS**
||**Page**|
|---|---|
|Company information|3|
|Directors' report|4|
|Accountants' report|5|
|Statement of income and retained earnings|6|
|Statement of financial position|7|
|Notes to the accounts|8|
|Detailed profit and loss account|10|
- 2 -
**LITTLE FRIENDS PRE-SCHOOL LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2021**
## **Directors**
**Secretary**
**Company Number**
**Registered Office**
## **Accountants**
Linda Setter Catherine Hambleton Dawn Munden
Maitel Services Limited 6927017 (England and Wales)
FAIR MEAD CHURCH ROAD BASILDON ESSEX SS14 2LB
Maitel Services Limited 8 Bardenville Road Canvey Island Essex SS8 8LN
- 3 -
## **LITTLE FRIENDS PRE-SCHOOL LIMITED (COMPANY NO: 6927017 ENGLAND AND WALES) DIRECTORS' REPORT**
The directors present their report and accounts for the year ended 31 March 2021.
## **Principal activity**
Pre-School Education
## **Directors**
The following directors held office during the whole of the period:
Linda Setter Catherine Hambleton Dawn Munden
## **Statement of directors' responsibilities**
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts 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 accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the accounts 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 accounts comply with the Companies Act 2006. They 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.
## **Small company provisions**
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Catherine Hambleton Director
Approved by the board on: 10 May 2021
- 4 -
## **LITTLE FRIENDS PRE-SCHOOL LIMITED ACCOUNTANTS' REPORT**
## **Accountants' report to the board of directors of Little Friends Pre-School Limited (the company)**
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2021.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2021. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Maitel Services Limited
8 Bardenville Road Canvey Island Essex SS8 8LN
10 May 2021
- 5 -
**LITTLE FRIENDS PRE-SCHOOL LIMITED STATEMENT OF INCOME AND RETAINED EARNINGS FOR THE YEAR ENDED 31 MARCH 2021**
|**Turnover**
Administrative expenses
**Operating surplus**
Interest payable and similar charges
**Surplus on ordinary activities before taxation**
Tax on surplus on ordinary activities
**Surplus for the financial year**
Retained earnings at the start of the year
Surplus for the financial year
Dividends
Retained earnings at the end of the year|**2021**
**£**
94,875
(88,022)
6,853
(285)
6,568
-
6,568
1,032
6,568
-
7,600|**2020**
**£**
95,457
(90,087)|
|---|---|---|
|||5,370
(285)|
|||5,085
-|
|||5,085|
|||(4,053)
5,085
-|
|||1,032|
- 6 -
## **LITTLE FRIENDS PRE-SCHOOL LIMITED STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2021**
|**Notes**
**Current assets**
Cash at bank and in hand
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
4
**Provisions for liabilities**
Other provisions
**Net assets**
**Reserves**
5
Capital redemption reserve
Profit and loss account
**Members' funds**|**2021**
**£**
11,970
11,970
11,970
(2,499)
4,063
13,534
5,934
7,600
13,534|**2020**
**£**
5,650|
|---|---|---|
|||5,650|
|||5,650
(4,500)
5,816|
|||6,966|
|||5,934
1,032|
|||6,966|
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board of Directors and authorised for issue on 10 May 2021 and were signed on its behalf by
Catherine Hambleton Director
Company Registration No. 6927017
- 7 -
## **LITTLE FRIENDS PRE-SCHOOL LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021**
## **1 Statutory information**
Little Friends Pre-School Limited is a private company, limited by guarantee, registered in England and Wales, registration number 6927017. The registered office is FAIR MEAD, CHURCH ROAD, BASILDON, ESSEX, SS14 2LB.
## **2 Compliance with accounting standards**
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
## **3 Accounting policies**
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
## _**Presentation currency**_
The accounts are presented in £ sterling.
## _**Turnover**_
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
## **4 Creditors: amounts falling due after more than one year**
||||
|---|---|---|
|**Creditors: amounts falling due after more than one year**|**2021**|**2020**|
||**£**|**£**|
|Bank loans|2,499|4,500|
## **5 Company limited by guarantee**
The company is limited by guarantee and has no share capital.�
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £10.
## **6 Guarantees provided on behalf of directors**
|Linda Setter
Trustees Guarentee
Catherine Hambleton
Trustees Guarentee
Dawn Munden
Trustees Guarentee|**Maximum**
**Liability**
**Under**
**Guarantees**
**£**
10
10
10
30|**Amount**
**paid and**
**liability**
**incurred**
**£**
-
-
-|
|---|---|---|
|||-|
The Company is a charity and has the above trustees
- 8 -
**LITTLE FRIENDS PRE-SCHOOL LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021**
## **7 Average number of employees**
During the year the average number of employees was 9 (2020: 8).
- 9 -
## **LITTLE FRIENDS PRE-SCHOOL LIMITED DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021**
This schedule does not form part of the statutory accounts.
|**Turnover**
Fees
**Administrative expenses**
Wages and salaries
Pensions
Employer's NI
Staff training and welfare
Travel and subsistence
Rent
Rates
Service charges
Light and heat
Telephone and fax
Postage
Stationery and printing
Subscriptions
Bank charges
Insurance
Equipment expensed
Repairs and maintenance
Donations
Sundry expenses
Accountancy fees
**Operating profit**
**Interest payable**
Bank loans and overdrafts
**Profit on ordinary activities before taxation**|**2021**
**£**
94,875
72,082
1,136
2,224
299
-
579
18
295
2,328
697
61
885
328
75
601
651
1,995
34
2,654
1,080
88,022
6,853
285
6,568|**2020**
**£**
95,457|
|---|---|---|
|||75,458
1,270
2,610
604
29
579
532
302
2,622
83
-
348
339
75
594
-
1,107
60
2,395
1,080|
|||90,087|
|||5,370|
|||285|
|||5,085|
- 10 -