**Charity Registration No. 1134198** ## **Company Registration No. 6970828 (England and Wales** **LITTLE DRAGONS CHILD CARE CENTRE LIMITED DIRECTORS’/TRUSTEES’ REPORT FOR THE YEAR ENDED 30 JUNE 2021** ## **LITTLE DRAGONS CHILD CARE CENTRE LIMITED** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Directors/Trustees** Mrs Sally-Ann Tyas Mr Ian Pessall Mrs Charlotte Broad **Secretaries** Mrs Jennifer Stones **Charity Number** 1134198 **Company Number** 6970828 **Registered Office** London Road St Georges Telford Shropshire TF2 9LJ **Independent Examiner** TaxAssist Accountants 58 High Street Madeley Telford Shropshire TF7 5AT ## **LITTLE DRAGONS CHILD CARE CENTRE LIMITED** ## **DIRECTORS’/TRUSTEES’ REPORT** _**FOR THE YEAR ENDED 30 JUNE 2021**_ The directors present their report and the financial statements for the year ended 30 June 2021. ## **Structure, governance and management** The child care centre charity is a charitable company limited by guarantee and is governed by its Memorandum and Articles of Association. The directors/trustees, who are also the directors for the purpose of company law, and who served during the year were: S-A Tyas I Pessall – resigned 01/09/2020 C Broad The company's Articles of Association require the directors/committee members/trustees to retire at each annual general meeting. Retiring directors/committee members/trustees shall be eligible for re-election unless they have already served the board in any capacity for six consecutive years. None of the directors/trustees has any beneficial interest in the company. All of the directors/trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Most trustees are already familiar with the practical work of the charity. Further training is given by the retiring Board member and other board members. This covers the obligations of members, the main documents which set out the operational framework for the charity including the memorandum and Articles of Association, the current financial position and future plans and objectives. The chair oversees the management of the charity assisted by the members of the board and the nursery manager. The directors/trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. ## **Objectives and activities** The child care centre charity's objectives are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:- 1. Offering appropriate play, education and care facilities and training courses, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability; 2. Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs; 3. Instigating and adhering to and furthering the aims and objects of the Child Care Centre. ## There are no restricted funds and no endowment funds. The policies adopted in furtherance of these objects are those set out in the Company's Memorandum of Association and Articles and there has been no change in these during the year. The directors/trustees have paid due regard to guidance issued by the charity Commission in deciding what activities the child care centre charity should undertake. ## **Principal Activities** The company's principal activity during the year continued to be the provision of childcare. ## **Achievements and performance** During the year the charity provided a safe environment for the children in its care, whilst also contributing to their educational development. ## **Financial review** It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The directors/trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. Page 3 On behalf of the board of directorsltrustees Registered number: 06970828 **LITTLE DRAGONS CHILD CARE CENTRE LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021** ## **Little Dragons Child Care Centre Limited Unaudited Financial Statements For The Year Ended 30 June 2021** ## **Contents** ||**Page**| |---|---| |Company Information|2| |Accountant's Report|3| |Profit and Loss Account|4| |Balance Sheet|5| |The following pages do not form part of the statutory accounts:|| |Trading Profit and Loss Account|6| Page 1 **Little Dragons Child Care Centre Limited Company Information For The Year Ended 30 June 2021** **Directors** Mr Ian Pessall Mrs Sally-Ann Tyas Mrs Charlotte Broad **Secretary** Mrs Jennifer Stones **Company Number** 06970828 **Registered Office** London Road St. Georges Telford Shropshire TF2 9LJ **Accountants** TaxAssist Accountants Chartered Accountants 58 High Street Madeley Telford Shropshire TF7 5AT Page 2 ## **Little Dragons Child Care Centre Limited Accountant's Report For The Year Ended 30 June 2021** ## **Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Little Dragons Child Care Centre Limited for the year ended 30 June 2021** In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Little Dragons Child Care Centre Limited for the year ended 30 June 2021 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us. As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-andguidance. This report is made solely to the directors of Little Dragons Child Care Centre Limited, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Little Dragons Child Care Centre Limited and state those matters that we have agreed to state to the directors of Little Dragons Child Care Centre 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 Little Dragons Child Care Centre Limited and its directors, as a body, for our work or for this report. It is your duty to ensure that Little Dragons Child Care Centre 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 or loss of Little Dragons Child Care Centre Limited. You consider that Little Dragons Child Care Centre Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit of the accounts of Little Dragons Child Care Centre 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 financial statements. 14/03/2022 TaxAssist Accountants Chartered Accountants 58 High Street Madeley Telford Shropshire TF7 5AT Page 3 ## **Little Dragons Child Care Centre Limited Profit and Loss Account For The Year Ended 30 June 2021** |**TURNOVER**
Other income
Cost of raw materials and consumables
Staff costs
Other charges
**NET (LOSS)/PROFIT**|**2021**
**£**
169,032
9,166
(25,802)
(150,628)
(6,558)
(4,790)|**2020**
**£**
189,571
7,512
(40,028)
(141,858)
(5,396)| |---|---|---| |||9,801| Page 4 ## **Little Dragons Child Care Centre Limited Balance Sheet As at 30 June 2021** |Current assets
Creditors: Amounts Falling Due Within One Year
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
Accruals and deferred income
**NET ASSETS**
**CAPITAL AND RESERVES**
Notes|**2021**
**£**
60,745
(2,711)|**2020**
**£**
66,572
(3,776)| |---|---|---| ||58,034|62,796| ||58,034|62,796| ||(584)|(556)| ||57,450|62,240| ||57,450|62,240| |||| 1. **Average Number of Employees** Average number of employees, including directors, during the year was as follows: 16 (2020: 14) ## 2. **General Information** Little Dragons Child Care Centre Limited is limited by guarantee, incorporated in England & Wales, registered number 06970828. The registered office is London Road, St. Georges, Telford, Shropshire, TF2 9LJ. Charity registered number: 1134198 For the year ending 30 June 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. ## **Directors' responsibilities:** 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 micro-entity provisions. On behalf of the board ## **Mrs Sally-Ann Tyas** Director 14/03/2022 Page 5 ## **Little Dragons Child Care Centre Limited Trading Profit and Loss Account For The Year Ended 30 June 2021** |**TURNOVER**
Grants receivable for Charitable Activity
Fees
Childcare Vouchers
**OTHER INCOME**
Other operating income|**2021**
**£**
**£**
128,999
29,247
10,786
169,032
9,166|**2021**
**£**
**£**
128,999
29,247
10,786
169,032
9,166|**2020**
**£**
**£**
131,626
40,967
16,978
189,571
7,512|**2020**
**£**
**£**
131,626
40,967
16,978
189,571
7,512| |---|---|---|---|---| |||||| |||||| |**COST OF RAW MATERIALS AND CONSUMABLES**
Direct charitable exp 1 Other
Support Costs 1 - Other costs type 1
**STAFF COSTS**
Wages and salaries
Employers NI.
Employers pensions - defined contributions scheme
Employers Allowance.
Subsistence expenses
**OTHER CHARGES**
_Premises expenses:_
Repairs and maintenance
_General administration costs:_
Computer software costs
Insurance
Telecommunications
Accountancy fees
Sundry expenses
_Interest payable and similar charges:_
Bank charges
**NET (LOSS)/PROFIT**|16,732
9,070|178,198
(25,802)
(150,628)
(6,558)|24,936
15,092|197,083
(40,028)
(141,858)
(5,396)| ||142,624
7,232
1,054
(4,584)
4,302||134,065
6,156
1,154
(2,905)
3,388|| ||2,000
1,318
1,123
98
1,592
336||1,827
407
953
183
1,564
366|| ||4,467||3,473|| ||91||96|| |||(4,790)||9,801| Page 6 **Charity Registration No. 1134198** ## **Company Registration No. 6970828 (England and Wales** **LITTLE DRAGONS CHILD CARE CENTRE LIMITED DIRECTORS’/TRUSTEES’ REPORT FOR THE YEAR ENDED 30 JUNE 2021** ## **LITTLE DRAGONS CHILD CARE CENTRE LIMITED** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Directors/Trustees** Mrs Sally-Ann Tyas Mr Ian Pessall Mrs Charlotte Broad **Secretaries** Mrs Jennifer Stones **Charity Number** 1134198 **Company Number** 6970828 **Registered Office** London Road St Georges Telford Shropshire TF2 9LJ **Independent Examiner** TaxAssist Accountants 58 High Street Madeley Telford Shropshire TF7 5AT ## **LITTLE DRAGONS CHILD CARE CENTRE LIMITED** ## **DIRECTORS’/TRUSTEES’ REPORT** _**FOR THE YEAR ENDED 30 JUNE 2021**_ The directors present their report and the financial statements for the year ended 30 June 2021. ## **Structure, governance and management** The child care centre charity is a charitable company limited by guarantee and is governed by its Memorandum and Articles of Association. The directors/trustees, who are also the directors for the purpose of company law, and who served during the year were: S-A Tyas I Pessall – resigned 01/09/2020 C Broad The company's Articles of Association require the directors/committee members/trustees to retire at each annual general meeting. Retiring directors/committee members/trustees shall be eligible for re-election unless they have already served the board in any capacity for six consecutive years. None of the directors/trustees has any beneficial interest in the company. All of the directors/trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Most trustees are already familiar with the practical work of the charity. Further training is given by the retiring Board member and other board members. This covers the obligations of members, the main documents which set out the operational framework for the charity including the memorandum and Articles of Association, the current financial position and future plans and objectives. The chair oversees the management of the charity assisted by the members of the board and the nursery manager. The directors/trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. ## **Objectives and activities** The child care centre charity's objectives are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:- 1. Offering appropriate play, education and care facilities and training courses, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability; 2. Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs; 3. Instigating and adhering to and furthering the aims and objects of the Child Care Centre. ## There are no restricted funds and no endowment funds. The policies adopted in furtherance of these objects are those set out in the Company's Memorandum of Association and Articles and there has been no change in these during the year. The directors/trustees have paid due regard to guidance issued by the charity Commission in deciding what activities the child care centre charity should undertake. ## **Principal Activities** The company's principal activity during the year continued to be the provision of childcare. ## **Achievements and performance** During the year the charity provided a safe environment for the children in its care, whilst also contributing to their educational development. ## **Financial review** It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The directors/trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. Page 3 On behalf of the board of directorsltrustees