MELTHAM COMMUNITY PRE-SCHOOL DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
TaxAssist Accountants
Meltham Community Pre-School Director's Report and Unaudited Financial Statements For The Year Ended 31 August 2023
Contents
| Page | |
|---|---|
| Company Information | 1 |
| Director's Report | 2 |
| Accountants' Report | 3 |
| Profit and Loss Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6—7 |
| The following pages do not form part of the statutory accounts: | |
| Trading Profit and Loss Account | 8 |
Meltham Community Pre-School Company Information For The Year Ended 31 August 2023
Accountants
TaxAssist Accountants 118-120 Lockwood Road Huddersfield HD1 3QX
Page 1
Meltham Community Pre-School Company No. Director's Report For The Year Ended 31 August 2023
The director presents his report and the financial statements for the year ended 31 August 2023.
Directors
The director who held office during the year were as follows:
Statement of Director's Responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements 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 the financial statements the director is required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is 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 financial statements comply with the Companies Act 2006. He is 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.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
By order of the board
Date
Page 2
Meltham Community Pre-School Accountants' Report For The Year Ended 31 August 2023
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 August 2023 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. 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.
Signed
17/05/2024
TaxAssist Accountants 118-120 Lockwood Road Huddersfield HD1 3QX
Page 3
Meltham Community Pre-School Profit and Loss Account For The Year Ended 31 August 2023
| Notes TURNOVER Cost of sales GROSS PROFIT Administrative expenses Other operating income OPERATING (LOSS)/PROFIT Other interest receivable and similar income (LOSS)/PROFIT FOR THE FINANCIAL YEAR |
2023 £ 11,074 (4,195) 6,879 (76,357) 64,932 (4,546) 359 (4,187) |
2022 £ 11,515 (1,736) |
|---|---|---|
| 9,779 (62,159) 66,594 |
||
| 14,214 7 |
||
| 14,221 |
The notes on pages 6 to 7 form part of these financial statements.
Page 4
Meltham Community Pre-School Balance Sheet As At 31 August 2023
| 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 (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Profit and Loss Account SHAREHOLDERS' FUNDS |
2023 £ £ 240 240 4,943 142,497 147,440 (5,815) 141,625 141,865 141,865 141,865 141,865 |
2023 £ £ 240 240 4,943 142,497 147,440 (5,815) 141,625 141,865 141,865 141,865 141,865 |
2022 £ £ - - 9,734 138,748 148,482 (2,430) 146,052 146,052 146,052 146,052 146,052 |
2022 £ £ - - 9,734 138,748 148,482 (2,430) 146,052 146,052 146,052 146,052 146,052 |
|---|---|---|---|---|
| 240 141,625 |
- 146,052 |
|||
| 147,440 (5,815) |
148,482 (2,430) |
|||
| 141,865 | 146,052 | |||
| 141,865 | 146,052 | |||
| 141,865 | 146,052 | |||
| 141,865 | 146,052 |
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
On behalf of the board
Date
The notes on pages 6 to 7 form part of these financial statements.
Page 5
Meltham Community Pre-School Notes to the Financial Statements For The Year Ended 31 August 2023
1. General Information
Meltham Community Pre-School is a private company, limited by shares, incorporated in England & Wales, registered number . The registered office is .
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment
20% RB
2.4. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2022: 7)
4. Tangible Assets
| Cost As at 1 September 2022 Additions As at 31 August 2023 |
Computer Equipment £ - 300 300 ...CONTINUED |
|---|---|
Page 6
Meltham Community Pre-School Notes to the Financial Statements (continued) For The Year Ended 31 August 2023
| Depreciation As at 1 September 2022 Provided during the period As at 31 August 2023 Net Book Value As at 31 August 2023 As at 1 September 2022 5. Debtors Due within one year Net wages 6. Creditors: Amounts Falling Due Within One Year Trade creditors Other taxes and social security Accruals and deferred income |
2023 £ 4,943 4,943 2023 £ - 5,398 417 5,815 |
- 60 |
|---|---|---|
| 60 | ||
| 240 | ||
| - | ||
| 2022 £ 9,734 |
||
| 9,734 | ||
| 2022 £ (1) 2,014 417 |
||
| 2,430 |
- Share Capital
Page 7
Meltham Community Pre-School Trading Profit and Loss Account For The Year Ended 31 August 2023
| TURNOVER Sales COST OF SALES Purchases GROSS PROFIT Administrative Expenses Wages and salaries Employers pensions - defined contributions scheme Staff training Protective clothing Travel and subsistence expenses Rent Rates Repairs and maintenance Cleaning Computer software, consumables and maintenance Insurance Printing, postage and stationery Advertising and marketing costs Telecommunications and data costs Accountancy fees Professional fees Subscriptions Charitable donations Depreciation Entertaining Sundry expenses Other Operating Income Government grant receipts - net OPERATING (LOSS)/PROFIT Other interest receivable and similar income Bank interest receivable (LOSS)/PROFIT FOR THE FINANCIAL YEAR |
2023 £ £ 11,074 4,195 (4,195) 6,879 52,983 1,651 314 301 336 7,065 236 10,184 255 470 829 164 76 675 556 35 167 - 60 - - (76,357) 64,932 64,932 (4,546) 359 359 (4,187) |
2023 £ £ 11,074 4,195 (4,195) 6,879 52,983 1,651 314 301 336 7,065 236 10,184 255 470 829 164 76 675 556 35 167 - 60 - - (76,357) 64,932 64,932 (4,546) 359 359 (4,187) |
2022 £ £ 11,515 1,736 (1,736) 9,779 45,390 1,463 235 - 242 10,380 389 - 659 - - 57 313 302 492 1,607 124 320 - 164 22 (62,159) 66,594 66,594 14,214 7 7 14,221 |
2022 £ £ 11,515 1,736 (1,736) 9,779 45,390 1,463 235 - 242 10,380 389 - 659 - - 57 313 302 492 1,607 124 320 - 164 22 (62,159) 66,594 66,594 14,214 7 7 14,221 |
|---|---|---|---|---|
| 52,983 1,651 314 301 336 7,065 236 10,184 255 470 829 164 76 675 556 35 167 - 60 - - |
45,390 1,463 235 - 242 10,380 389 - 659 - - 57 313 302 492 1,607 124 320 - 164 22 |
|||
| 6,879 (76,357) 64,932 |
9,779 (62,159) 66,594 |
|||
| 64,932 | 66,594 | |||
| 359 | 7 | |||
| (4,546) 359 |
14,214 7 |
|||
| (4,187) | 14,221 |
Page 8
Virtual Cabinet Portal Digital Signatures
Digital Signature Verification
You can verify that this is a genuine Virtual Cabinet Document Portal signed document by uploading it to the following secure web page:
https://www.virtualcabinetportal.com/VerifySignedDocument
Signature Dates and Times
All dates and times shown in the signatures below are expressed in Coordinated Universal Time (UTC), which is generally equivalent to GMT. You can find out more about UTC at the following web page:
http://www.virtualcabinetportal.com/WhatIsUTC
Signature 1
Signed by Rachael Lunn using authentication code RUZweVgpN1UmTiks at IP address 86.13.223.40, on 2024/05/23 13:25:05 Z.
Rachael Lunn's e-mail address is: melthamcommunitypreschool@gmail.com.