Report of the Trustees and
Unaudlted Flnancial Statements for the Year Ended 31 March 2023
for
Bright Beginnings Pre-school Limited

Bright Beginnings Pre-school Limited
Contents of the Financial Statements
forthe Year Ended 31 March 2023
Page
Company Information
Trustee's Annual Report
ststement of Finan¢lal Actlvltles
Balance Sheet
Notes to the Financial Statements
Independent Examlners Report
Detailed Statement of Financial
Actlvltles

Brlght Beglnnlngs Pre-school Limited
Company Infomiation
for the Year Ended 31 March 2023
TRUSTEES:
Ms D Greenland
Ms S Hunter
Ms D Shaw
REGISTERED OFFICE:
Briscoe Centre Felmores End
Pilsea
Basildon
Essex
SS13 1PN
REGISTERED NUMBER..
07398487 (England and Wales)
CHARiff NUMBER:
1139075
ACCOUNTANTS:
Sygma Chartered Accountants
1 Sopwiih Crescent
Wickford
Essex
SS118YU
Page 1

Bright Beginning5 Pre4chool Limited
Trustees, Annual Report
for the Year Ended 31 March 2023
Bright Beginnings Pr&school Ltd (the Pre-school) is a Private company limited by guaranlee
without share capital registered with Companies House and a charty registered with the Charity
Commission for England and Wales. The Pre-school provides early years education lo children
be￿een the ages 2yrs to under 5yrs and this provision 1$ supported by numerous policies and
procedures. We also support students on worf( experience and higher education placements.
The Pr&school employs 17 members of staff, 3 ofwhich are Managers and Trustees whose role
is to ensure the good management and allocation of all resources, the safety and wellbeing needs
of Ihe children and adults are met and all families accessing the services of the Pre-school are
treated equally, professionally and wilh respecl. We aim to provide affordable early yéars
education and childcare for children within the immediate localty and beyond. Our activities.
learning experiences and resources aim to support the advancemenl of education for the public
benefrt.
The Pre-school has capacity for 52 children to attend each morning and afternoon session. On
role this year there was an average of 72 families registered which is lower than previous years.
The range of families remains diverse and the Pre-school welcomes the enriched cultural capital
children bring for the benefit of all.
The Trustees continued with dis¢ussion$ around suslainability, including a 'trim down, of as much
spending as possibie and cancelled the contract for the supply of waler coolers. Instead a 'water
station, was created where children learned to serve themselves.
Members of staff continued to work at reduced hours of work bul with opportunrties to work
overtime hours where possible throughout the year.
The Trustees decided to continue to hold their two regular Open Days this year as building good
relationships wilh our families remains fundamental to our sustainability. One celebrated the
Coronation of King Charles111 and the other was around pantomimes. Feedback from families
was again extremety positive for both days.
Open Days generate a fundraising opportunity albeit minor, alongside a photographic company
who visits twice per year to take photographs of children 8t Pre-school,. this also generates some
fundraising.
The Prtrs¢hool will Continue to a¢knowledge its workforce to be ils most valuable asset and
Wellbeing Supervision meetings were held to ensure all members ot slaff feel supported while
Ihe Pre-school goes through this difficutt and challenging period.
Our vision for the future is to continue to provide the best Servi￿ we can to our familiès.
ON BEHALF OF THE TRUSTEES:
Ms D Greenland - Trustee
5 March 2026
Page 2

Bright Beglnnlngs Pre4chool Limited
Income Ststement
for the Year Ended 31 March 2023
31.3.23
Unrestricted
funds
Total funds
Income from:
Charitable activrtles
Total inGome
211,346
211,346
211,346
211,346
Expenditure on:
Charitable activities
176,967
176.967
Net income
34,379
34,379
The notes form part of these financial statemenls
Page 3

Brlght Beginnlngs Pre-school Limited {Registered number: 07398487)
Balance Sheet
31 March 2023
31.3.23
Notes
CURRENT ASSETS
Cash at bank and in hand
43,249
CREDITORS
Amounts falling due within one year 4
27.571
NET CURRENT ASSETS
15,678
TOTAL ASSETS LESS CURRENT
LIABILITIES
FUNDS
Prior year adjustments
Capital redemption reseNe
Net movement in funds
(28,430)
44,108
CHARITYS. FUNDS
Unrestricted funds
15,678
The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006
for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the
year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The Trustees acknowledge their responsibilities for..
(a) ensuring that the company keeps accounting records which comply with Sections 386 and
387 of the Companies Act 2006 and
(b) preparing financial stalements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profil or loss for each fi'nancial year
in accordance with the requirements of Sections 394 and 395 and which othetwise Comply
with the requirements of the Companies Act 2006 relating to financial ststements, so far as
appIl￿ble to the oompany.
The financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies regime.
The financial stalements were approved by the Board of Trustees and authorised for issue on 5
March 2026 and were signed on ils behalf by..
Ms D Greenland- Trustee
The notes form part of these financial statemenls
Page 4

Bright Beginnings Pr&S¢hool Limited
Notes to the Flnanclal Statements
for the Year Ended 31 March 2023
STATUTORY INFORMATION
Bright Beginnings Pre-school Lirniled is a private company, limited by guarantee, registered
in England and Wales. The company's registered number and registered offioe address can
be found on the Company Infomiation page.
ACCOUNTING POLICIES
Basis of preparing the financlal statements
These financial statements have been prepared in accordance with Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland" including the provisions of Section 1A "Small Entilies" and the Companies Act
2006. The financial statements have been prepared under the historical cost convention.
Turnover
Tumover is me8sured al the fair value of the consideration received or Teceivable. excluding
discounts, rebates, value added lax and other sales taxes.
Taxation
Taxation for th8 year comprises current and deferred tax. Tax is recognised in the Income
Statement. ex￿pt to the extent that it relates to items recognised in other comprehensive
income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tsx is recognised at the amount of tax payable using the tax rates and laws that
have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originaled but not
reversed at the balance sheet dale.
Timing differences arise from the inclusion of income and expenses in lax assessments in
periods different from those in which they are recognised in financial statements. Deferred
lax is measured using tax rates and laws Ihal have been enacted or substantively enacted
by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that
it is probable that they will be recovered againsl the reversal of deferred tsx liabilities or
other future taxable profits.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged lo profit or loss on a straight line basis
over the period of the lease.
Penslon costs and other post-retiremènt benefits
The company operates a defined contribution pension scheme. Contributions payable to
the company's pension scheme are charged to Profit or loss in the period to which they
relate.
EMPLOYEES AND TRUSTEES
The average number of employees during the year was 16.
Page 5
continued...

Bright Beginnings Pre4chool Lirnited
Notes to the Financial Statements - contlnued
for the Year Ended 31 March 2024
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade credrtors
TRUSTEE REMUNERATION AND TRANSACTIONS
During the year, Ihree trustees were employed by the charity and received remuneration
totalling £44,966 for theiT roles as employees of the pr&school.
In addition, a trustee received £1,500 in relation to the administration of a Department for
Education grant programme.
All such payments were authorised by the trustees in accordance with the charity's
governing document.
COMPARATIVE FIGURES
Comparative figures for the year ended 31 March 2022 are not available and therefore have
not been presenled in these financial statements.
Page 6

Independent Examiners Report to the Trustees of
Brlght Beglnnlngs Pre4chool Limited
I report on the accounts of Brighl Beginnings Pre-school Limrted for the year ended 31 March
2023. which are set out on pages 1 to 6.
Respective responsibilities of trustees and examlner
The charity's trustees (who are also the trustees of the company for the purposes of company
law) are responsible for the preparation of the accounts.
The charity's trustees consider that an audit is not required for this year under section 14412) of
the Charities Act 2011 {the Act) and that an independent examination is required.
It is my responsibility to..
examine the accounts under section 145 of the Act.,
follow the procedures laid down in the general Directions given by the Charity
Commission under section 145151{b) of the Act.. and
state whether particular matters have come to my attention.
Basis of Independent examin8rf5 report
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity
and a comparison of the accounts presented with those records. It also includes consideration
of any unusual items or disclosures in the accounts and seeking explanations from the trustees
concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit.
and consequently no opinion is given as to whether the accounts present a 'true and fair vievl.
Independent examinerfs ststement
In the course of my examination, no matter has com8 to my attention..
which gives me reasonable cause to believe that. in any material respect, Ihe
requiremenls..
to keep accounting records in accordance witti section 130 of the Act., and
to prepare accounts vthich accord with the accounting records and comply with
the accounting requirements of the Act.,
have not been met; or
2. to which, in my opinion. attention should be drawn in order to enable a proper
underslanding of the accounts to be reached.
Alex Chandler FCA
On behalfof
Sygma Chartere(l Accountsnls
1 Sopwith Crescent
Wickford
Essex
SS118YU
Date: 5 March 2026
This page does nol form part of the statutory financial statements
Page 7

Brlght Beglnnings Pre-school Limited
Dotalled Statement of Financial Actfvltles
for the Year Ended 31 March 2023
All income and expenditure relate to unrestricted funds
Turnover
Fees and funding
Fundraising and other
Government grants
207,408
2,438
1,500
211,346
Cost of sales
Educational fees
Educational resour￿$
Food and drink
1,508
2,216
1,296
5,020
GROSS SURPLUS
206,326
Expenditure
Rent
Insurance
Wages
Social security
Pensions
Hire of equipment
Telephone and internet
Post and stationery
Advertising and website
Staff training and welfare
Repairs and renewals
Cleaning costs
Waste disposal
Computer and software costs
Sundry expenses
Accounlancy
Consultancy fees
Subscriplions
8,811
1,621
135,220
4,910
7.246
3,227
940
653
910
1,074
464
2,324
370
525
356
1,080
1,392
480
171,603
34.723
Flnance Costs
Bank Charges
NET SURPLUS
This page does not form part of the statutory financial statements
Page 8