OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-08-31-accounts

Trustees’ Annual Report for the period

From 01/09/2020 (Period Start Date)

To 31/09/2021 (Period End Date)

Charity name: Ladybirds Pre-School Southampton Limited

Charity registration number: 1139080

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governingdocument		 Para 1.17 To provide the highest quality care and
education for children between the age 2 to 5
years.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 The Trustees/Directors and Management Team
will;
-
Provide flexible, quality preschool
education. - Maintain and report to users of
our preschool, accurate accounts ensuring the
preschool is financially viable year on year,
ensuring that accounting and administration of
finances are robust
-
Employ quality, trained staff, vetted for
suitability to work with children with an
ongoing training programme
-
Provide student/volunteer/work
experience placements with suitable and
appropriate induction and vetting
-
Liaise with professional colleagues, to
support children's education and transition to
schools
Para 1.18

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Policy on grant making Para 1.38 Policy on social investment including program related Para 1.38 investment

Contribution made by
volunteers		 Para 1.38
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 It was a busy year for the two Pre-schools,
even during a global pandemic, there was
continued engagement with our service users
via telephone, tapestry and a facebook group
for each setting. Funding continued to be paid
during this time. There were regular Directors
meetings via held Zoom and a slight change to
our accounting process so payments could be
authorised electronically during this time. We
held our AGM on 24thFebruary 2021. Our staff
team have been enhanced, through
Continuous Professional Development courses
and full setting courses.
This training has had further emphasis on
Safeguarding- transitional activities for children
and families arriving at preschool and continuing
to school, through home visits, and professional
meetings.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives Para 1.41

----- Start of picture text -----
Other
----- End of picture text -----

Financial Review

Review of the charity’s
financial position at the end
of the period		 Para 1.21
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Charity reserves are currently held in a reserve
account. The reserves have been built up over
a period of time to ensure we have at least 3
months operating and redundancy costs and a
years rent for each setting.
Amount of reserves held Para 1.22
Reasons for holding zero
reserves		 Para 1.22
Details of fund materially in
deficit		 Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 Our principle source of Grant funding is from
Southampton City Council Early years. We do
have regular fee paying children. We partake in
small fundraising activities e.g. Christmas raffles
etc. We are registered with the City Council
lotteries.
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:

Type of governing document
(trust deed, royal charter)		 Para 1.25 Constitution
How is the charity
constituted?(e.g
unincorporated
association, CIO)		 Para 1.25 Association
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled to
appoint one or more trustees
Para 1.25		 Trustee selection methods elected by Trustees

Additional information (optional)

You may choose to include further statements where relevant about:

Policies
and
procedures
adopted for the induction
and training of trustees		 Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 Our organisational structure continues with a
group of Charity Trustees/Company Directors
this year. We have increased our Trustees/
Company Directors from 6 to 8 in total which
were ratified at our AGM.
During the pandemic and on our gradual return
we have engaged with parents virtually, but as
restrictions are lifted, we will gradually return
to face to face meetings.
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name Ladybirds Pre-School Southampton
Other name the charityuses
Registered charity number 1139080
Charity’s principal address Festival Hall
Merryoak Road
Bitterne
Southampton
Hampshire
SO19 7QR

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for whole year Name of person (or body)
entitled to appoint trustee
(ifany)
Zoe Marler-Hausen Chair
Jolene Webb Treasurer
Carmel Gardner Secretary
Theresa Quartermaine
Diana Buckell
Louise Reynolds
Jade Parker
Tara-Leigh McVey

1

2 3 4

5

6 7

8

Corporate trustees – names of the directors at the date the report was approved

Director name Zoe Marler-Hausen Jolene Webb Carmel Gardner Theresa Quartermaine Diana Buckell Louise Reynolds Jade Parker Tara-Leigh McVey

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional) Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Jolene Webb Position (eg Secretary, Chair, etc) Treasurer Date 31/03/2022

Company Registration No. 07381763 (England and Wales)

LADYBIRDS PRE-SCHOOL SOUTHAMPTON ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021

LADYBIRDS PRE-SCHOOL SOUTHAMPTON ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS

Page
Company information 3
Directors' report 4
Accountants' report 5
Income statement 6
Statement of financial position 7
Notes to the accounts 8
Detailed profit and loss account 10

LADYBIRDS PRE-SCHOOL SOUTHAMPTON COMPANY INFORMATION FOR THE YEAR ENDED 31 AUGUST 2021

Directors

Company Number

Registered Office

Ms Diana Buckell Ms Louise Reynolds Ms Theresa Quartermaine Mrs Zoe Marler-Hausen Ms Carmel Gardner Mrs Jolene Webb Mrs Tara-Leigh McVey

07381763 (England and Wales)

FESTIVAL HALL MERRYOAK ROAD SOUTHAMPTON SO19 7QR ENGLAND

LADYBIRDS PRE-SCHOOL SOUTHAMPTON (COMPANY NO: 07381763 ENGLAND AND WALES) DIRECTORS' REPORT

The directors present their report and accounts for the year ended 31 August 2021.

Directors

The following directors held office during the whole of the period:

Ms Diana Buckell Ms Louise Reynolds Ms Theresa Quartermaine Mrs Zoe Marler-Hausen Ms Carmel Gardner Mrs Jolene Webb Mrs Tara-Leigh McVey

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:

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

............................................................................

Mrs Zoe Marler-Hausen Director

Approved by the board on: 11 March 2022

LADYBIRDS PRE-SCHOOL SOUTHAMPTON ACCOUNTANTS' REPORT

Accountants' report to the board of directors of Ladybirds pre-school Southampton (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 August 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 August 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.

10 March 2022

LADYBIRDS PRE-SCHOOL SOUTHAMPTON INCOME STATEMENT FOR THE YEAR ENDED 31 AUGUST 2021

Turnover
Cost of sales
Gross surplus
Administrative expenses
Other operating income
Operating surplus/(loss)
Interest receivable and similar income
Surplus/(loss) on ordinary activities before taxation
Tax on surplus/(loss) on ordinary activities
Surplus/(loss) for the financial year		 2021
£
24,037
(7,479)
16,558
(310,336)
296,466
2,688
200
2,888
-
2,888		 2020
£
26,161
(13,386)
12,775
(306,624)
273,483
(20,366)
1,564
(18,802)
-
(18,802)

LADYBIRDS PRE-SCHOOL SOUTHAMPTON STATEMENT OF FINANCIAL POSITION AS AT 31 AUGUST 2021

Notes
Fixed assets
Tangible assets
4
Current assets
Debtors
5
Cash at bank and in hand
Creditors: amounts falling due within one year
6
Net current assets
Net assets
Reserves
7
Profit and loss account
Members' funds		 2021
£
1,148
261
252,578
252,839
(1,575)
251,264
252,412
252,412
252,412		 2020
£
1,148
-
252,927
252,927
(4,551)
248,376
249,524
249,524
249,524

For the year ending 31 August 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 11 March 2022 and were signed on its behalf by

Mrs Zoe Marler-Hausen Director

Company Registration No. 07381763

LADYBIRDS PRE-SCHOOL SOUTHAMPTON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021

1 Statutory information

Ladybirds pre-school Southampton is a private company, limited by guarantee, registered in England and Wales, registration number 07381763. The registered office is FESTIVAL HALL, MERRYOAK ROAD, SOUTHAMPTON, SO19 7QR, ENGLAND.

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.

Tangible fixed assets and depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Government grants

Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.

4
Tangible fixed assets
Cost or valuation
At 1 September 2020
At 31 August 2021
Depreciation
At 1 September 2020
At 31 August 2021
Net book value
At 31 August 2021
At 31 August 2020
5
Debtors: amounts falling due within one year
2021
£
Debtors: amounts falling due after more than one year
Other debtors
261		 Plant &
machinery
£
At cost
5,624
5,624
4,476
4,476
1,148
1,148
2020
£
-

LADYBIRDS PRE-SCHOOL SOUTHAMPTON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021

6
Creditors: amounts falling due within one year
Taxes and social security
Other creditors
Accruals		 2021
£
1,575
-
-
1,575		 2020
£
2,611
615
1,325
4,551

7 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 £1.

8 Average number of employees

During the year the average number of employees was 19 (2020: 19).

LADYBIRDS PRE-SCHOOL SOUTHAMPTON DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2021

This schedule does not form part of the statutory accounts.

Turnover
Sales
Cost of sales
Other direct costs
Gross profit
Administrative expenses
Wages and salaries
Pensions
Employer's NI
Staff training and welfare
Rent
Telephone and fax
Stationery and printing
Subscriptions
Insurance
Sundry expenses
Accountancy fees
Other legal and professional
Other operating income
Other operating income
Government grants
Operating profit/(loss)
Interest receivable
Interest receivable
Profit/(loss) on ordinary activities before taxation		 2021
£
24,037
7,479
16,558
262,181
4,221
15,114
3,063
15,048
1,696
1,531
278
514
4,673
905
1,112
310,336
4,032
292,434
296,466
2,688
200
2,888		 2020
£
26,161
13,386
12,775
233,950
11,210
30,002
2,182
15,295
1,735
1,269
372
915
7,774
-
1,920
306,624
16,974
256,509
273,483
(20,366)
1,564
(18,802)

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Ladybirds Pre-School Southampton

On accounts for the year 31/08/2021 Charity no 1139080 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2021.

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 01/06/2022

Name: Katie Swift Relevant professional MAAT qualification(s) or body (if any):

Address: Katie Swift 26 Culford Avenue, Totton Southampton SO40 9BY

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

October 2018

1

IER

Give here brief details of any items that the examiner wishes to disclose .

October 2018

2

IER