Jack in the Box Pre-School LTD.
Feldon Lane
Halesowen
B62 9DR
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Ofsted Registration: EY464110
Registered Charity: 1149722 Company: 8148246
JACK IN THE BOX PRE-SCHOOL LIMITED.
TRUSTEES REPORT 2023
Accounts prepared by C. Phillips, who audited and completed a full and comprehensive report to present to Trustees, Company House and Charity Commission.
Numbers in pre-school and playgroup slowly increased throughout the year with out of school club continuing to increase.
We continued to help families throughout the year and continue to keep the costs of attending as low as possible.
The OFSTED inspection was in June 2023 next due 2029.
Safeguarding is an important part of our group and is upheld in every aspect.
Fund Raising: Continued to improve this year with social events.
The AGM was held January 2024 as an extended yearly meeting by email and phone to follow their preferences.
All items including the acceptance of the accounts were decided on and agreed.
Trustees : 2 trustees resigned at the end of the financial year and we had 2 new trustees to replace them.
Management Report
Jack in the Box Preschool For the period ended 31 August 2023
Prepared by Get Logical Ltd
Prepared on 5 December 2023
For management use only
Table of Contents
Financial Activities Comparison ......................................................................................................................3 Balance Sheet .................................................................................................................................................5 Statement of Cash Flows ................................................................................................................................6
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Financial Activities Comparison
September 2022 - August 2023
| Financial Activities Comparison September 2022 - August 2023 |
||
|---|---|---|
| Total | ||
| Sep 2022 - Aug 2023 | Sep 2021 - Aug 2022(PY) | |
| INCOME | ||
| Before and After Care Income | 48,182.00 | 35,934.00 |
| DMBC EEF Income | 78,401.94 | 54,121.96 |
| DMBC Other Income | 4,688.05 | 0.00 |
| Fundraising Income | 1,030.63 | 0.00 |
| General Donations | 18.00 | 2,449.13 |
| Other Income | 0.00 | 72.26 |
| Playgroup Income | 6,652.00 | 5,965.50 |
| Pre-school Income | 603.50 | 1,629.60 |
| Sales of Product Income | 1.00 | 0.00 |
| Snack and Event Income | 2,576.50 | 1,493.00 |
| Total Income | 142,153.62 | 101,665.45 |
| COST OF SALES | ||
| Children's Equipment and Resources | 1,026.99 | 0.00 |
| Groceries | 764.06 | 16.74 |
| Total Cost of Sales | 1,791.05 | 16.74 |
| TOTAL | 140,362.57 | 101,648.71 |
| EXPENDITURES | ||
| Bank charges | 176.93 | 177.87 |
| Building Costs | 1,750.83 | 2,677.83 |
| Computer Costs | 0.00 | 14.99 |
| Electric | 2,524.54 | 1,016.33 |
| Equiptment | 0.00 | 550.42 |
| Gas | 232.35 | 560.83 |
| Insurances | 968.41 | 435.63 |
| Legal and Professional Fees | 302.73 | 2,149.30 |
| Office/General Administrative Expenses | 881.45 | 19.98 |
| Ofsted | 35.00 | 35.00 |
| Other Professional Services | 1,370.72 | 98.56 |
| Pension costs | 288.00 | 0.00 |
| Pensions | 1,699.25 | 72.00 |
| Phone Costs | 668.19 | 563.48 |
| Printing, Postage and Stationery | 277.78 | 0.00 |
| Purchases | 1,185.14 | 1,718.11 |
| Raising funds | -5.00 | 0.00 |
| Training | 927.00 | 582.60 |
| Wages and NI Expense | 122,513.58 | 84,736.64 |
| Waste Collection | 24.57 | 0.00 |
| Water | 567.21 | 392.17 |
| Total Expenditures | 136,388.68 | 95,801.74 |
| NET OPERATING INCOME | 3,973.89 | 5,846.97 |
| OTHER EXPENDITURES | ||
| Depreciation | 800.00 | 800.00 |
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Jack in the Box Preschool
| Total | ||
|---|---|---|
| Sep 2022 - Aug 2023 | Sep 2021 - Aug 2022(PY) | |
| Other Expenditure | 40.00 | 0.00 |
| Total Other Expenditures | 840.00 | 800.00 |
| NET OTHER INCOME | -840.00 | -800.00 |
| NET INCOME/(EXPENDITURE) | £3,133.89 | £5,046.97 |
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Jack in the Box Preschool
Balance Sheet
As of August 31, 2023
| Balance Sheet As of August 31, 2023 |
|
|---|---|
| Total | |
| FIXED ASSET | |
| Tangible assets | |
| Building Cost | 16,184.00 |
| BuildingCost Depreciation | -7,384.00 |
| Total Tangible assets | 8,800.00 |
| Total Fixed Asset | 8,800.00 |
| CASH AT BANK AND IN HAND | |
| CURRENT ACCOUNT | 8,422.96 |
| NURSERY ACCOUNT | 4,709.55 |
| Total Cash at bank and in hand | 13,132.51 |
| NET CURRENT ASSETS | 13,132.51 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |
| Current Liabilities | |
| Aftercare Deposits | 2,031.00 |
| Total Current Liabilities | 2,031.00 |
| Total Creditors: amounts falling due within oneyear | 2,031.00 |
| NET CURRENT ASSETS(LIABILITIES) | 11,101.51 |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 19,901.51 |
| TOTAL NET ASSETS (LIABILITIES) | £19,901.51 |
| CHARITY FUNDS | |
| Retained Earnings | 16,767.62 |
| Surplus/(Deficit) | 3,133.89 |
| Total Charity funds | £19,901.51 |
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Jack in the Box Preschool
Statement of Cash Flows
September 2022 - August 2023
| Statement of Cash Flows September 2022 - August 2023 |
|
|---|---|
| Total | |
| OPERATING ACTIVITIES | |
| Net Income | 3,133.89 |
| Adjustments to reconcile Net Income to Net Cash provided by operations: | 0.00 |
| Building Cost Depreciation | 800.00 |
| Aftercare Deposits | -74.00 |
| Total Adjustments to reconcile Net Income to Net Cashprovided by operations: | 726.00 |
| Net cashprovided by operating activities | 3,859.89 |
| NET CASH INCREASE FOR PERIOD | 3,859.89 |
| Cash at beginningofperiod | 9,272.62 |
| CASH AT END OF PERIOD | £13,132.51 |
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Jack in the Box Preschool
Jack in the Box Pre-School LTD.
Feldon Lane Halesowen B62 9DR
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Ofsted Registration: EY464110 Registered Charity: 1149722 Company: 8148246
For the year ending 31[st] August 2023, the company/charity 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 of its accounts for the year in question in accordance with section 476. 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.
Company Registration number: 0814826.