Tweenie Tots 2 Community Childcare Services Ltd
Charity No. 1136119
Company No. 07184905
Trustees' Report and Unaudited Accounts
31 August 2024
Tweenie Tots 2 Community Childcare Services Ltd Contents
| Pages | ||
|---|---|---|
| Trustees' Annual Report | 1 to 5 | |
| Independent Examiner's Report | 6 | |
| Statement of Financial Activities | 7 | |
| Summary Income and Expenditure Account | 8 | |
| Balance Sheet | 9 | |
| Notes to the Accounts | 10 to | 16 |
Page 1
Tweenie Tots 2 Community Childcare Services Ltd Trustees Annual Report
statements of the charity for the year ended 31 August 2024.
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102 applicable in the
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 07184905
Charity No. 1136119
Principal Office
English Martrys Parish Hall School Lane Litherland Liverpool L21 7LX
Registered Office
English Martyrs Parish Hall Litherland Liverpool Merseyside L21 7LX
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
J.M. Helm E.J. Horrocks L.A. Rimmer
Accountants
Sefton Council for Voluntary Service Burlington House Crosby Road North Waterloo Liverpool L22 0LG
Bankers
Virgin Money 2 Stonechat Drive Maghull
Page 2
Tweenie Tots 2 Community Childcare Services Ltd Trustees Annual Report
Liverpool L31 1LN
OBJECTIVES AND ACTIVITIES
activities...
A large charity must provide an explanation how the achievement of its aims will further its legal purposes...
A large charity must provide an explanation of its strategies for achieving its stated aims and objectives...
A large charity must provide an explanation of its criteria or measures it uses to assess success in the reporting period...
A large charity should provide a more detailed explanation of its short-term and long-term aims and objectives...
ACHIEVEMENTS AND PERFORMANCE
A large charity must review its charitable activities undertaken, explaining performance achieved against objectives set ... A large charity must include an explanation when material fundraising activities are undertaken, details of the performanc set ...
A large charity must provide an explanation of any material expenditure occurred to raise income in the future...
achievement of its objectives ...
PLANS FOR FUTURE PERIODS
A large charity's report should explain the trustees perspective of the future direction of the charity...
enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsi charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
L.A. Rimmer L.A. Rimmer Trustee Trustee 19 June 2025 19 June 2025
Page 3
Tweenie Tol$ 2 Community child¢a Servios Ltd Trustee$ Annual Report Page 4
Tweenie Tol$ 2 Community child¢a Servios Ltd Trustee$ Annual Report Page 5
Tweenie Tots 2 Community Childcare Services Ltd Independent Examiners Report
Independent Examiner's Report to the trustees of Tweenie Tots 2 Community Childcare Services Ltd
I report to the charity trustees on my examination of the financial statements of Tweenie Tots 2 Community Childcare Services Ltd for the year ended 31 August 2024 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
-
accounting records were not kept in accordance with section 386 of the 2006 Act ; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the Charities SORP (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Ian Wright Chartered Accountant Sefton Council for Voluntary Service Burlington House Crosby Road North Waterloo Liverpool L22 0LG 19 June 2025
Page 6
Tweenie Tots 2 Community Childcare Services Ltd Statement of Financial Activities
for the year ended 31 August 2024
| Notes Income and endowments from: Donations and legacies 4 Charitable activities 5 Investments 6 Other 7 Total Expenditure on: Charitable activities 8 Total Net gains on investments Net expenditure 9 Transfers between funds Net expenditure before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2024 £ - 150,644 1,397 1,280 |
Total funds 2024 £ - 150,644 1,397 1,280 |
Total funds 2023 £ 1,300 156,343 1,067 1,100 |
|---|---|---|---|
| 153,321 208,246 |
153,321 208,246 |
159,810 197,994 |
|
| 208,246 - |
208,246 - |
197,994 - |
|
| (54,925) - |
(54,925) - |
(38,184) - |
|
| (54,925) | (54,925) | (38,184) | |
| (54,925) 140,385 |
(54,925) 140,385 |
(38,184) 178,569 |
|
| 85,460 | 85,460 | 140,385 |
Page 7
Tweenie Tots 2 Community Childcare Services Ltd Summary Income and Expenditure Account
for the year ended 31 August 2024
| Income Interest and investment income Gross income for the year Expenditure Depreciation and charges for impairment of fixed assets Total expenditure for the year Net expenditure before tax for the year Net expenditure for the year |
2024 £ 151,924 1,397 153,321 208,107 139 208,246 (54,925) (54,925) |
2023 £ 158,743 1,067 |
|---|---|---|
| 159,810 | ||
| 197,809 185 |
||
| 197,994 | ||
| (38,184) | ||
| (38,184) |
Page 8
Tweenie Tots 2 Community Childcare Services Ltd Balance Sheet
at 31 August 2024
| Company No. 07184905 Notes 2024 £ Fixed assets Tangible assets 11 416 416 Current assets Cash at bank and in hand 86,169 86,169 Creditors:Amount falling due within one year 12 (1,125) Net current assets 85,044 Total assets less current liabilities 85,460 Net assets excluding pension asset or liability 85,460 Total net assets 85,460 The funds of the charity Restricted funds 13 Unrestricted funds 13 General funds (44,172) Designated funds 129,632 85,460 Reserves 13 Total funds 85,460 |
2023 £ 555 |
|---|---|
| 555 141,643 |
|
| 141,643 (1,813) |
|
| 139,830 140,385 |
|
| 140,385 | |
| 140,385 | |
| 10,614 129,771 |
|
| 140,385 | |
| 140,385 |
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 August 2024 the company was entitled to exemption 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 19 June 2025
And signed on its behalf by:
L.A. Rimmer Trustee 19 June 2025
Page 9
Tweenie Tots 2 Community Childcare Services Ltd Notes to the Accounts
for the year ended 31 August 2024
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. The functional currency used is the £ Sterling.
Assets and liabilities are initially recognized at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
The functional currency used is the £ Sterling.
Preparation of the accounts on a going concern basis
At the time of approving the accounts, the trustees' have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the forseeable future. As such these accounts have been prepared under the going concern basis.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Page 10
Tweenie Tots 2 Community Childcare Services Ltd Notes to the Accounts
-
Income Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
-
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Page 11
Tweenie Tots 2 Community Childcare Services Ltd Notes to the Accounts
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Equipment 25% Reducing balance
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
Page 12
Tweenie Tots 2 Community Childcare Services Ltd Notes to the Accounts
3 Statement of Financial Activities - prior year
| 3 Statement of Financial Activities - prior year |
|||
|---|---|---|---|
| Income and endowments from: Donations and legacies Charitable activities Investments Other Total Expenditure on: Charitable activities Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Donations 5 Income from charitable activities Childcare Fees Training |
Unrestricted £ 149,144 1,500 150,644 |
Unrestricted funds 2023 £ 1,300 156,343 1,067 1,100 159,810 197,994 197,994 (38,184) (38,184) (38,184) 178,569 140,385 Total 2024 £ - - Total 2024 £ 149,144 1,500 150,644 |
Total funds 2023 £ 1,300 156,343 1,067 1,100 |
| 159,810 197,994 |
|||
| 197,994 | |||
| (38,184) | |||
| (38,184) | |||
| (38,184) 178,569 |
|||
| 140,385 | |||
| Total 2023 £ 1,300 |
|||
| 1,300 | |||
| Total 2023 £ 148,843 7,500 |
|||
| 156,343 |
Page 13
Tweenie Tots 2 Community Childcare Services Ltd Notes to the Accounts
6 Income from investments
| Interest Receivable 7 Other income Fundraising 8 Expenditure on charitable activities Expenditure on charitable activities Childcare Fees Training Admin costs Employee costs Motor and travel costs Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs Support costs Administrative costs 9 Net expenditure before transfers This is stated after charging: Depreciation of owned fixed assets |
Unrestricted £ 1,397 1,397 Unrestricted £ 1,280 1,280 |
Total 2024 £ 1,397 1,397 Total 2024 £ 1,280 1,280 |
Total 2023 £ 1,067 |
|---|---|---|---|
| 1,067 | |||
| Total 2023 £ 1,100 |
|||
| 1,100 | |||
| Unrestricted £ 13,365 579 170,014 50 16,884 139 4,918 116 2,181 208,246 2024 £ 139 |
Total 2024 £ 13,365 579 170,014 50 16,884 139 4,918 116 2,181 208,246 |
Total 2023 £ 8,440 528 162,141 573 18,754 185 5,074 112 2,187 |
|
| 197,994 | |||
| 2023 £ 185 |
Page 14
Tweenie Tots 2 Community Childcare Services Ltd Notes to the Accounts
| 10 | Staff costs | ||
|---|---|---|---|
| 2024 | 2023 | ||
| Salaries and wages | 142,988 | 151,992 | |
| Social security costs | 4,266 | - | |
| Pension costs | 3,736 | 10,129 | |
| 150,990 | 162,121 | ||
| No employee received emoluments in excess of £60,000. | |||
| The average monthly number of full time equivalent employees | during the year was as follows: | ||
| 2024 | 2023 | ||
| Number | Number | ||
| Number of employees | 11 | 11 | |
| 11 | 11 | ||
| 11 | Tangible fixed assets | ||
| Equipment | Total | ||
| £ | £ | ||
| Cost or revaluation | |||
| At 1 September 2023 | 4,488 | 4,488 | |
| At 31 August 2024 | 4,488 | 4,488 | |
| Depreciation and | |||
| impairment | |||
| At 1 September 2023 | 3,933 | 3,933 | |
| Depreciation charge for the | 139 | 139 | |
| year | |||
| At 31 August 2024 | 4,072 | 4,072 | |
| Net book values | |||
| At 31 August 2024 | 416 | 416 | |
| At 31 August 2023 | 555 | 555 | |
| 12 | Creditors: | ||
| amounts falling due within one year | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Other creditors | 750 | 1,063 | |
| Accruals | 375 | 750 | |
| 1,125 | 1,813 |
Page 15
Tweenie Tots 2 Community Childcare Services Ltd Notes to the Accounts
13 Movement in funds
| 13 Movement in funds | |||||
|---|---|---|---|---|---|
| At 1 September 2023 10,614 129,216 555 129,771 140,385 |
Incoming resources (including other gains/losses) £ 153,321 - - - 153,321 |
Resources expended £ (208,246) - - - (208,246) |
Gross transfers £ 139 - (139) (139) - |
At 31 August 2024 £ (44,172) 129,216 416 |
|
| Restricted funds: Unrestricted funds: General funds Designated funds: Contingency Fund Fixed Asset Fund Total Total funds |
|||||
| 129,632 | |||||
| 85,460 |
Purposes and restrictions in relation to the funds:
| Designated funds: | |
|---|---|
| Contingency Fund | Money set aside to cover possible unforeseen future expenses |
| Fixed Asset Fund | Net book value of fixed assets |
14 Analysis of net assets between funds
| Fixed assets Net current assets Reconciliation of net cash / (net debt) Cash and cash equivalents Net cash / (net debt) |
At 1 September 2023 £ |
Unrestricted funds £ 416 85,044 85,460 Cash flows £ |
Total £ 416 85,044 |
|---|---|---|---|
| 85,460 | |||
| At 31 August 2024 £ |
|||
| 141,643 | (55,474) | 86,169 | |
| 141,643 141,643 |
(55,474) (55,474) |
86,169 | |
| 86,169 |
15 Reconciliation of net cash / (net debt)
FRS 102 requires and entity to report changes in net debt in the accounting period. Tweenie Tots 2 Community Childcare Ltd does not carry any debt or other borrowings and has a positive net cash position
Page 16
Tweenie Tots 2 Community Childcare Services Ltd Notes to the Accounts
16 Commitments
Pension commitments
| Pension commitments | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| The pension cost charge to the company | ||
| amounted to: | 3,736 | 10,129 |
17 Related party disclosures
Controlling party
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 17