REGISTERED COMPANY NUMBER 07289317: (England and Wales)
REGISTERED CHARITY NUMBER: 1139070
BUSY BEES LEDBURY LTD
REPORT
F THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2023

BUSY BEES LEDBURY LTD
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
I AUGUST 2023
Contents
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Sthtements
Detailed Statement of Financial Activities
12-13

BUSY BEES LEDBURY LTD
REPORT OF THE TRUSTEES
OR THE YEAR ENDED 31 AUGUST 2023
The trustees who ar¢ also directors of the charity for the purposes of the Companies Act 2006, pre5¢nt their
report with the financial statetnents of the charity for the year ended 31 August 2023. The financial statements
have been prepared in accordance with the accounting policie5 set out in note I to the accounts and ¢omply with
the Charity's Trust Deed, the charitÈes Act 201 l and Accounting and the Charities Statement of Recommended
Practice (second edition) and Financial Reporting Standard FRS102.
REFERENCE AND ADMif+lISTRATION INFORMATION
Rtgistered ¢ompiny number
07289317 (England and Wales)
Registered charity number
1139070
Registered office and operational addre$5
Thc Hive
Bye Sireet
Ledbury
Herefordshire
HR8 2AG
The trustees who acted durino the year were a5 follows..
C Lovering
A L Chesham
M A Cooper
K Atmstrong (appointed l May 2023)
J Callachan (appointed l May 2023)
Independent examiner
lan P Cooke FCA
Crowthers At¢ountants Limited
10 The South¢nd
Ledbury
Herefordshire
HR8 2EY
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its Memorandum and Articles of Association, and constituies a limited ¢ompany,
limited by guarantee, as defined by the Companie5 Act 2006.
Risk m3nagemellt
The trust¢es have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place ￿ provide reasonable assurance against fraud and error.

BUSY BEES LEDBURY LTD
REPORT
F THE TRUSTEES
FOR THE YEA
NDED 31 AUGUST2023
OWECTIVES Af4D ACTIVITIES
Objectives and aims
The objectives of Busy Bees Ledbury are to enhance the development and education of children primaTily under
ststtItOry 5¢hool age by encouraging parents to understand and Provide for the needs of their thildren through
community groups and by offering appropriate play, educaiion and care facilities for all children whatever the
race, culture, religion, means or ability., Cotnbined with the right of parents to take responsibility for and to
become involved in the activities of the charity, ensuring that sueh groups offer opportunities.
Busy Bees operates from the fonner Youth Centre building close to Ledbury town centre, having moved here in
April 2018 following extensive renovations. At the beginning of thi5 accountin
period, Busy Bees Ledbury is
operating as a pre-school for childTen aged 24 y¢aTS. The charity is closely involved in wider eoTnmunity
activities by holding eyents.
The chariry is run and administered by a small dedicated team of longstanding staff. Governance of the charity is
the responsibility of the committee members who are past and present par¢nt volunteers. All Trustees have bcen
rnade aware and signed to say that they have read the Charity Comtni55ion guidance for Trustees and their
Director responsibilities as set out by Companies House. As we are Ofst¢d inspected we have all policies in
pla¢¢ to be a sate environment for the children and staff. All Health and Safety issues are a priority as the
I￿portanCe is so vital. All the necessary staff qualifications are duly up to date with regard to Health and
Safety, Ofsted requirements and Safeguarding expectations. All staff members and ¢ommittee Members are DBS
checked. When we interview for new staff mernbers a comrnittee member is always present when the manager is
intervi¢wing. both have up to date Safer Recruitm¢nt training.
Significant activities
At the beginning of this accounting perigd. Busy Bees had been Nnnino from The Hive for a period of 5 years.
The space continues to be a stimulating environment wher¢ children can thrive in the care of a dedicated tearn of
Early Years practitioners. The team wa5 led by a Qualified Teacher until December 2022. The Deputy Manager
took over the Manager role in January 2023 after being with the company for 14 years. Alongside their
experi¢n¢e in the sector they hold a Level 3 Childcare Qualification, Desitsnated Safeguarding Lead and
Paediatric First Aid training.
We wer¢ inspected by Ofst¢d in September 2022 and received a judgement of 'Good'. The snspector writes
'Parents feel thoroughly infornied about their children's learning and appreciate staffs regular feedback. They
state that staff are 'reas5uring, kind and patiene, and they comtn¢nt on children's a¢¢¢ss to 'fantastic activities and
resources
We held a wonder￿1 celebration of '5 in The Hive, for parents and family members to attend in April 2023, and
we used the Space outside of Busy Bees to do thi5. This was ￿ c¢lebrate using The Hive as our facility for 5
We retained our low prices at Pre5¢hool and the setting has a fantastic reputation locally. We are popular with
many local services and have been recommended to parents of chilthen with SEND ne¢d5.
Transitions to schools were managed well with 18 children leaving Busy Bees to attend 3 local Primary Schools.
We were able to raise some funds this year but with the opening up of many mor¢ opportunities, we are now
looking to rdise more in the futur¢.
We are an excellent local facility 5etrying the faTnilies of Ledbury.

BUSY BEES LEDBURY LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2023
FINANCIAL REVIEW
Reserves policy
The charity seeks to maintain reserves rhat allow the organisation to continue to deliver its objectives. Income is
¢yclical, mostly Coming at the start of the school temi for daytime nursery and in arrears for after ￿h0o] and
breakfast club. Reserves ne¢d to be maintained to pay for the running and administrdtion costs. The tTUStees
have credit control procedures in place and monitor and manage expenditure carefully.
The charity aims to maintain unrestricted revenue accumulated reserves of £35.000 to coveT three month5 (one
tenn5 Worth) of income to the charity.
Financial Report
The total net assets at the year end. stand at £7.671 (2022.. £22,224). Of these £2,616 (2022.. £2.616) were
restricted.
£'45ék
Free unrestricted liquid reserve5 at the end of the year atnount¢d to £*&Fi (2022." £7,207). The Irust¢e5
acknowledge thai the available reserves at the end of the year were b¢low ttie minimum levels that they aim for.
The truste¢s have review¢d the financial position and consider that th¢ ¢harity retnains a Going CoDcetm.
On behalf of the board
Mrs E Davies
6 November 2024

USY BEES LEDBURY LTD
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BUSY BEES LEDBURY LTD
FORT
YEAR ENDED 31 AUGUST 2023
I report on the accounts for the year ended 31 August 2023 set out on pages 5 to I l.
Respective responsibilities of trustees And examiner
The charity's trustees (who are also the directors tor the purposes of company law) are responsibl¢ for the
preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under
Section 144(2) of the Charitie5 Act 2011 (the 2011 Act)) and that an independent exa]nination is required.
Having satisfied myself thai the charity is not subject to audit under company law and is eligible for independent
examination, it is my responsibility to..
examine the account5 under Section 145 of the 2011 Act
to follow procedure5 laid down in ihe General Directions given by the Charity Commission (under
Section 145{5)Ib) of the 2011 Act).. and
to state whether particular matters have ¢ome lo my attention.
B#515 of the independent examiner's report
My examination was carried out in accordance with the General directions given by the Charity Commission.
An examination includes a review (Trf the accounting records kept by the charity and a comparison of th¢
accounts presented with those records. It also includes consideration of any unusual items or disclosures in the
accounts and seeking explanations from you as trllstees conceming any such matters.
The procedures
undertaken do not provide all the evidence that would b¢ required in an audit, and consequently no opinion is
given as to whetheT the accounts present a 'true and fair view" and th¢ report is limit¢d to those inatters set out
in the statements below.
Independent examiner's ststement
In the course of my examination. no matter has ¢ome to my attention:
(i)
which gives me rtrdsonable course to believe thaL in any material respect, the trustees have noi met the
reqUire￿ents to ensure that=_
proper accouniino records are kept (in accordance with Section 130 of the 2011 Act)., and
accounts are prepared which agr¢¢ with the accounting records and comply with the
accounting requirements of the 201 l Act, or
(2)
to which. in rny opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
lan P Cooke FCA
Crowthers Accountants Lttnited
10 The South¢nd
Ledbury
Herefordshire
HR8 2EY
6 November 2024

BUSY BEES LEDBURY LTD
STATEMENT OF FINANCIAL
CTIVITIES
FOR THE YEAR ENDED 31
GUST 202
INCOMIIYG RESOURCES
Ineoming resource5 from generated
funds:
Note
Unrestri¢red
nds
Restricted
fi]nds
Total
2023
Total
2022
Voluntary income
Grants
Activitie5 for genetating funds
64,092
1,000
48
64,092
1,000
48
110.608
1,000
16
12
12
Investment income
Incoming resources frorn charitable
activities
Nursery
56.238
56,238
13,662
Total incoming resourees
121,390
121,390
124,287
RESOURCES EXPENDED
Activities for Generating Funds
Charitable activities..
380
380
456
Nursery
General athnini5trative expense5
Premises costs
Direct support costs
Govemance costs
2,977
6.277,
14,662
108.797
2,850
2,977
6,277
14,662
108,797
2.850
4,987
5,050
14,662
120,560
2,100
Tot21 resources eipended
135,943
135,943
152,003
NET INCOMEI{EXPENDITURE)
Transfers between funds
(14.553)
(14,5531
(27,716)
NET MOVEMENT IN FUNDS
(14.553)
(J4.S53)
(27,716)
Re£ontilRation of funds:
Total funds brought fotivard
19,608
2,616
22224
49,940
Total funds carried forward
5,055
2,616
7,671
22224

BUSY BEES LEDBURY LTD
BALANCE SHEET
FOR THE YEAR EPIDED
AUGUST 2023
FIXED ASSETS
Notes
Unrestrided
nds
Restricted
nd5
2023
2022
Tangible fixed as5¢ts
46
CURRENT ASSETS
Debtors
Cash at bank and in hand
332
6.954
332
6,954
98
11,224
7,286
7,286
(2,700)
11,322
Creditor5'. amounts falling due
within on¢ year
(2,700)
(4,115)
Net current assets
4,586
4,586
7207
Totsl assets less current liabilities
5,055
2,616
7,671
22.224
NET ASSETS
5,055
2,616
7,671
22.224
FUNDS
10
Unrestricted fund5
Restricted funds..
LaT)dscaping
5.055
19,608
2.616
2,616
TOTAL FUJYDS
7,671
22,224
The charitable company is entitled to exernption from audit under Section 477 of the Companies Act 2006 for ihe year
ended 31 August 2023.
The members have not required (he charitable company to obtain an audit of its f￿ancIal statements for the year ended
31 August 2023 in accordance with Seetion 476 of the Companies Act 2006.
The trustees acknowledg¢ their responsibilities for
{a) Ensuring that the ¢haritable company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
(b) Preparing f]nancial statements which give a trne and fair view of the state of affair5 of the charitable ¢ompany
as at the end of ¢ach f￿anCial year and of its surplus or deficit for ea¢h financial year in accordance with the
requirements of Sections 394 and 395 and whieh otherwise comply with the requirernents of the Companies
Act 2006 relattng to fmancial statement5. so far as applicable to the charitable company.
These f￿ancial statements have been prepared in accordanc¢ with the special provisions of Part 15 of the Companies
Act 2006 relating tr> srnall charitable companies and with th¢ Financial Reporting Stand&d applicable in the UK (FRS
102).
The financial statements were approved by the Board of Trnstee5 on 6 Novernb¢r 2024 and were signed on its behalf
by.,

BUSY BEES LEDBURY LTD
BALANCE SHEET
FOR THE YEAR ENDED 31 AUGUST 2023
Mrs C Loyering
6 November 2024
The notes on pages 8 to I I forn) part of these accounts.

USY BEES LEDBURY LTD
NOTES TO THE ACCOUNTS
R THE YEAR ENDED 31 AUGUST 2023
ACCOUfUING POLJCIES
AceountiThg conventlon
The finan¢ial statements have been prepared under the historical cost ¢onvention, and in accordance with the Financial
Reportino Standard IFRS 102), the Companies Act 2006 and the requirements of the Statement of Recommended
Practice, Accounting and Reporting by Charities. The trustees have opted to apply the Small entitie5 regime under FRS
102.
Incomlng resources
All incoming resources are included on the Statement of Financial Activites when the oharity is legally entitled to the
income and the amount can be quantified with reasonable ac¢urdCy.
R¢50urces expended
Expenditure is a¢counted for on an accnjals basis and has been Classified under heading that aggretsate all ¢051 related
to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities
on a basis consistent with the use of resources.
Tangible fixed a$s¢ts
Depr¢¢iation is provided at the following annual rates in order to write off each asset over its estimated usefijl life.
Building WOTk on leased premi5es- depretiat¢d over the lifetime of the initial lease (5 years)
Classroom, computing and office equipment- useful life of 5 years
Taxation
The charity is exempt from ¢orporation lax on its charitable aotivities
Fund aeeouDtjDg
Unrestricted funds ¢an be used in accordance with the charitabl¢ objective5 at the discretion of the trustees.
Restricted funds can gnly be used for particular restricted purposes within the obj￿t$ of the ¢h2rity. Restrictions arise
when specified by the donor or when funds are rais¢d for particular restricted purposes.
Further explamaiion of the na￿re and purpose of eaeh ￿nd is included in the note5 to the f￿ancial statements.
Hire purchase and leasing commltments
Rentals paid under operating leases are ¢harged io the Statement of Financial Activitie5 on a strai8ht line basis over the
period of the lease.
ACTIVITES FOR GENERATING FUNDS
2023
2022
Fundraising events
Sales of ¢hilthen's clothing
48
16
48
16
INVESTMENT INCOME
2023
2022
Deposit account interest
12
12

BUSY BEES LEDBURY LTD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2023
NET INCOMING/(OUTGOING) RESOURCES
Net resources are stated after chargingl(crediting)..
2023
2022
Depreciation- owned a55et5
12.712
17,943
STAFF COSTS
2023
2022
Wages and salarie5
So¢ial security costs
P¢nsion costs
84,924
5,624
3,952
93.845
5,570
1,566
94.500
100,981
The average tnonthly number of employees during the year was 11 (2022.. 11)
No employee received emoluments in excess of £60,000.
TRUSTEES, REMUNERATION AND BENEFITS
The trustees all give freely their lime and expertise without any fom) of remuneration or oth¢r benefit in cash or kind
(2022.. £Nil}.
Expenses paid to the trnstee5 in the year totalled £nil {2022.. £nil).

BUSY BEES LEDBURY LTD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2023
TANCIBLE FIXED ASSETS
Leasehold
Building
Improve
ents
Plant and
machinery
Total
COST OR VALUATION
Balance at I September 2022
Additions
87,016
49.168
780
136,184
780
Balance at 31 August 2023
87,016
49,948
136.964
ACCUMULATED DEPRECIATION
Balance ai I September 2022
Charge for the year
73,015
12.069
48,152
643
121,167
12.712
Balance at 31 August 2023
85,084
48,795
133.879
NET BOOK VALUE
At 31 August 2023
1,932
153
3,085
At 31 August 2022
14,001
1.016
15,017
DEBTORS
2023
2022
Amounts falltng due within one year..
Trade debtors
332
98
332
98
CREDITORS
Amounts falling du¢ within one year..
Trade Creditors
A¢¢ruals
540
2.160
515
3,6(M)
2,700
4,115
io

USY BEES LEDBURY LTD
OTES TO THE ACCOUNTS
FOR THE YEAR ENDED31 AUGUST 2023
io.
MOVEMEf4T IN FUNDS
At
01.09.22
Net
movernen¢
in funds
At
31.08.23
Unrestricted funds
General fvnd
19,608
{14,5531
5.055
Restritted fund5
LandsKaping
2.616
2,616
TOTAL FUNDS
22.224
{14.5531
7.671
Net movernent in funds, included in the alx)v¢ are as follows:
Incoming
resources
Resour¢es
expended
Movernent
in funds
Unrestricted funds
General fund
121.390
135,943
(14,553)
Restricted funds
Landscaping
TOTAL FUNDS
121,390
135,943
(14,5531
The landscaping fund is for external landscaping at The Hive. funded by a Tesco grant of £4,000 and other donations of
£389. The fund now consists of fixed asseis beints depreciated over th¢ lifetime of the lease.
LIMITED BY GUARANTEE
The company is limited by guarantee and has no share capital. Each member undertakes to contribute to the assets of
the c(Trmpany tn the ev¢nt of a winding up, such as an amount may be required, not exceeding £1.
12.
GEf4ERAL INFORMATION
The company is a private company, limited by guarantee, incoÈporated in England and Wales, registered number
07289317. The regi5ter¢d office is The Hive, Bye StreeL Ledbury. Herefordshire. HR8 2AG.

BUSY BEES LEDBURY LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR Ef4DED 31 AUGUST2023
INCOMING RESOURCES
Note
Unrestricted
fimds
Restricted
funds
Total
2023
Total
2022
Voluntary Ineojne
Donations
Grants
110608
65,092
65,092
110.608
Activities for generating fund
Fundraising activities
48
48
16
Investment ineotne
Deposit account interest
Incoming resources from charitable
aetivities
Nursery
12
12
56,238
56,238
13,662
Total iDeorning resourees
121J90
121,390
124,287
RESOURCES EXPENDED
Activities (or CeNerating Funds
Adv¢rt15ing and fundraising events..
380
380
456
Charitable activlties
Wages
Social security
Pension costs
Unifom5 and workwear
Catering
Toys and consumables
Rent payable
Cleaning
Premises repair5 and renewals
Light. heat and power
Waste disposal
Telephone
Postage and stationery
Sundries
Staff training
Infomialion and publications
IT softwarelconsumables
Website
Subscriptions
84,924
5,624
3,952
224
1,621
1,356
10,000
613
662
2,593
567
949
49
1.390
1.361
84,924
5,624
3,952
224
1,621
1,356
10,000
613
662
2,593
567
949
49
1,390
1.361
191
22
173
2.635
93,845
5,570
1.566
335
1246
3,741
10,976
746
2,002
3.042
724
638
127
610
171
167
445
241
2.896
22
173
2,635
CaTried fonvard
119.286
119,286
129,544
12

BUSY BEES LEDBURY LTD
DETAILED STATEMENT OF FINANCIALACTIVITIES
FOR THE YEAR ENDED 31 AUGUST2023
Charitable activities
Brought forward
119,286
119286
129.544
Insurance
Depreciation
Accountancy
Bank charg¢s
794
12,712
2,850
301
794
12,712
2,850
301
2,084
17,943
2.100
332
Total resourtes expended
135,943
135.943
152.003
NET (LOSS)
(14,553)
(14.553)
(27,716)
13