Weeley Rainbow Pre-school Limited
(A company limited by guarantee)
Report and financial statements
for the year ended 30 September 2024
Charity number 1158369
Company number 08456828
Clacton Business SeNices Ltd
Chartered Accountants
Hurlingham Chambers
61 Station Road
Clacton-on-sea
Essex. C015 ISD

Weeley Rainbow Pre-school Limited
(A company limited by guarantee)
Financial Statements
For the Year Ended 30 September 2024
Contents
Page
Legal and administrative informalion
Trustees report
Independenl examiners. report
Statement of financial activities
Balance sheet
Note5 to the financial

Weeley Rainbow Pre-school Limited
{A company limited by guarantee)
Legal and administrative infomiation
Charity number
1158369
Company number
08456828
Regislered office
51 Hazel Avenue
Kirby Cross
Frinton on Sea
Essex
C013 OGX
Trustees
Mrs. Victoria Hurrell (Chairperson)
Mr. James Hurrell
Miss Racheal Carr (Secretary)
Accountants
Clacton Business Services Limited
Chartered Accountants
Hurlingham Chambers
61 Station Road
Clacton-on-sea
Essex
C015 1SD
Page 1

Weeley Rainbow Pre-school Limited
(A company limited by guarantee)
Report of the trustees
For the year ended 30th September 2024
The Trustees present their report and the financial statements for the year ended 30 September 2024. The
trustees who served during the year and up to the date of this report are set out on Page 1.
Objectives and activities
Objectives
The objective of the pre-school is to enhance the development and education of children under statutory
school age by encouraging parents to understand and provide for the needs of their children through
community groups.
Main actlvitles to achieve the objertives
All our activities are based on the Early Years Foundation Stage curriculum set by the department of
Education and these can be structured by means of an organised activity i.e. number painting or by free
play activities where the children make their own decisions on what acb'vities they would like to do. i.e.
role playing using dressing up clothes.
Achievements and performance
The preschool has performed satisfactorily in the year and has achieved the objectives outlined above.
Financial review
Funding sources
The main source of income is from government funding and fees paid by parents.
Reserves Policy
The total unrestricted fund as at 30 September 2024 amounted to £16,095. This is maintained to cover
any unforeseeable expenses and for the expansion of the nursery.
Page 2

Weeley Rainbow Pre-school Limited
IA company limited by guarantee)
Report of the trustees (continued)
For the year ended 30 September 2024
Future Plans
To continue to run the nursery and gradually improve and expand the services provided by raising
awareness and promoting it through various events and advertising.
Responsibilities of the Management Committee
The trustees are responsible for preparing the Trustees. Annual Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for
each financial year which give a true and fair view of charity and of the incoming resources and application
of resources of the charity for that year. In preparing these financial ststements the trustees are required
to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP,.
make judgments and estimates that are reasonable and prudent-
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements; and
Prepare the financial statements on the going concem basis unless it is inappropriate to presume
that the charity will continue in operation.
The trustees are responsible for keeping proper account records which disclose with reasonable accuracy
at any time the financial position of the charity and enable them to ensure that the financial statements
comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2009. They are
also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularib'es.
Members of the Management Committee
Members of the Management Committee, who are directors for the purpose of company law and trustees
for the purpose of charity law, who served during the year and up to the date of this report are set out on
page 1
Ap
oved by the m
nagement committee on
,.IDg[&x5-
and signed on its behalf by;
V Hurrell
Director & Chairperson
Page 3

Independent examlner's report to the management committee on the unaudited financial
statements of Weeley Rainbow Pre-school Limited
We report on the accounts of Weeley Rainbow Pre-school Limited for the year ended 30 September 2024
set out on pages 5 to 9.
Respective responsibilities of management committee and independent examiner
As the management committee you are responsible for the preparation of the accounts, you consider that
the audit requirement of section 28 of the Charities Act 2006 (the Act), as amended by section 144 of the
Charities Act 2011 does not apply and that an independent examination is needed. It is my responsibility
to examine the accounts under section 145 of the Act. as amended" to follow the procedures laid down in
the General Directions given by the Charity Commission under section 145(5){b) of the Act. as amended:
and to stste whether particular matters have come to my attention.
Basis of independent examinerfs statement
Our 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 you as trustees conceming 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 the whether the accounts present a 'true and fair view, and the report
is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination. no matter has come to my attention;
(i) which gives me reasonable cause to believe that in any material respect the requirements-
to keep proper accounting records in accordance wth section 130 of the Act,. and
to prepare accounts which accord with the accounting records and to comply with the accounting
requirements of the Act
have not been met" or
{iil To which, in my opinion. attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
Independent examiner
Clacton Business Services Ltd
Chartered Accountants
Page 4

Weeley Rainbow Pre•School Llmited
(A company limited by guarantee)
Statem8nt of financial actlvltles
For the year ended 30 September 2024
Unrestricted Restricted
Funds
Funds
2024
Total
2023
Total
Incomlng resources
Incoming resources from generatlng funds:
Voluntary incon
Grants
Fees
Activities for generating funds
Fund raising
Interest
95.534
5.398
95.534
5.398
86,279
6,873
Total incoming resources
100,932
100.932
93.152
Resources expended
Wages
Food & Suppliers
Pre-school Equipment
Rent & Hall Hire
Rates & Water
Light & Heat
Telephone. Mobile & Intemet
Postage. stationary & small office equip
Advertising
Staff Expenses
Staff training & DBS checks
Admin Expenses
Repairs & Renewals
Subscriptions
Sundry Expenses
Insurance
Professional Fees
Legal & HR Fees
Accountancy
Bank charges
Loan Interest
Fines & Penalties
Depreciation
65,209
13,299
4,651
4,738
393
65,209
13,299
4,651
4,738
393
66,011
8,824
1.770
4,388
432
798
430
798
430
705
3.495
254
206
710
450
1.740
1.364
695
1,364
695
2.247
195
631
2.031
35
2,247
195
631
2,031
35
424
1.659
192
1.213
69
1.213
69
286
1.084
63
1.809
2.429
2,429
2,944
Total resources expended
100.713
100.713
97.160
(Deficit) Surplus
Tolal funds brought forward
219
15.876
219
15,876
(4.008)
19.884
Total funds carrted forward
16.095
16,095
15.876
The ststement of financial activities includes all gains and losses in the year and therefore a separate
statement of total recognized gains and losses has not been prepared.
All of the above amounts relate to continuing acts-vities.
The notes on pages 7 to 9 forni an Integral part of these financial ststements.
Page 5

Weeley Rainbow Pre-school Limlted
IA company limited by guarantee)
Balance sheet
As at 30 September 2024
2024
2023
Notes
Fixed Assets
Tangible Assets
11.487
13.284
Current assets
Debtors
Cash at bank and in hand
606
13.545
606
9.589
14.151
10.195
Credltors: amounts falling
Due within one year
9.543
7.603
Net current assets
4,608
2,592
Net assets
16.095
15.876
Funds
Unrestricted income funds
16,095
15,876
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the
period ended 30 September 2024.
The members have not required the company to obtain an audit of its financial statements for the year
ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of
Ihe Companies Act 2006 and
b. preparing financial statements 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 surplus or deficit for each financial year in
accordance with the requirements of Section 394 and 395 and which comply with the
requirements of the Companies Act 2006 relating to financAal statements, so far applicable to the
company.
The financial statements have been preparExl in accordance wsth the special provisions of Part 15 of the
Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller
Entities (effective April 2008>.
The financial statements were approved by the Management Commtttee on........ ...
and wer
signed on its behalf by:
urrell
Director & Chairperson
The notes on pages 7 to 9 form an integral part of these financial statements.
Page 6

Weeley Rainbow Pre-school Limited
IA company limited by guarantee)
Notes to the financial statements
For the year ended 30 September 2024
Accounting policles
The principa5 accounting policies are summarized below. The accounting policies have been
consistently throughout the year and the preceding year.
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance
with the Statement of Recommended Praclice 'Accounting and reporting by charities" issued in
March 2005 (SORP 2005) and the Charities Act 1993.
Incoming resources
All incoming resources are included in the ststement of financial activities when the charity is
entitied to the income and the amount can be quantified with reasonable accuracy. The following
specific policies are applied to particular categories of income.
Volunlary income is received by way of grants, donations and gifts and is included in full in the
statement of financial activities when receivable. Grants where entitlement is not conditional on
the delivery of a specific perfornian￿ by the charity are recognised when the charity becomes
unconditionally entitled to the grant.
Donated services and facilities are induded at the value to the charity where this can be
quantified. The value of seprfices prowded by volunteers has not b￿n induded.
Income from investrnents is included in the year in which it is receivable.
Resources expended
Expenditure is recognized on an accrual basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.
Charitable expenditure comprises those costs in(xJrred by the charity in the delivery of its activities
and services for its beneficiaries. It includes LM)th costs that can be allocated directly to such
aclivities and those costs of an indirect nature necessary to support them.
Support costs are those costs incurred directy in support of expenditure on the objects of the
charity.
Page 7

Weeley Rainbow Pre-school Limited
(A company limited by guarantee)
Notes to the financial statements
For the year ended 30 September 2024
Employees
Employment costs
2024
2023
Wages and salaries
Social security costs
Pension costs
64.044
64,973
1.165
1,038
65.209
66,011
No employee received emoluments of more than £60,000
Number of employees
The average number of employees during the year, calculated on the basis of full-tirne
equivalents, was as follows:
2024
Number
2023
Number
Fixed Assets
Fixtures
& Fittings
COST
At 1 September 2023
Additions
46,816
632
At 30 September 2024
47,448
DEPRECITATION
At I September 2023
Charge for year
33.532
2,429
At 30 September 2024
35,961
NET BOOK VALUE
At 30 September 2024
11,487
At 1 September 2023
13,284
Page 8

Weeley Rainbow Pre-school Limited
(A company limited by guarantee)
Notes to the financial statements
For the year ended 30 September 2024
Debtors
2024
2023
Prepayments
Debtors
606
606
606
606
Creditors: amounts falling due
Within one year
2024
2023
Accruals
Creditors
Taxation
Pension
Loan
1,056
960
8,270
217
4,537
156
1,950
9.543
7,603
Page 9