THORNBURY PLAY & LEARN NURSERY CIC

Company limited by guarantee

Company Registration Number:
09891150 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

THORNBURY PLAY & LEARN NURSERY CIC

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THORNBURY PLAY & LEARN NURSERY CIC

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal activities of the company

The company's principal activity during the year continued to be providing nursery care.



Directors

The director shown below has held office during the whole of the period from
1 April 2022 to 31 March 2023

Mohammed Ashfaq


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 July 2023

And signed on behalf of the board by:
Name: Mohammed Ashfaq
Status: Director

THORNBURY PLAY & LEARN NURSERY CIC

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 74,488 122,176
Cost of sales: ( 89,567 ) ( 88,058 )
Gross profit(or loss): (15,079) 34,118
Distribution costs: 0 0
Administrative expenses: ( 27,152 ) ( 16,516 )
Other operating income: 0 0
Operating profit(or loss): (42,231) 17,602
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (42,231) 17,602
Tax: 0 0
Profit(or loss) for the financial year: (42,231) 17,602

THORNBURY PLAY & LEARN NURSERY CIC

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 20,572 63,622
Investments:   0 0
Total current assets: 20,572 63,622
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 8,805 ) ( 9,624 )
Net current assets (liabilities): 11,767 53,998
Total assets less current liabilities: 11,767 53,998
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 11,767 53,998
Members' funds
Profit and loss account: 11,767 53,998
Total members' funds: 11,767 53,998

The notes form part of these financial statements

THORNBURY PLAY & LEARN NURSERY CIC

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 July 2023
and signed on behalf of the board by:

Name: Mohammed Ashfaq
Status: Director

The notes form part of these financial statements

THORNBURY PLAY & LEARN NURSERY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    discounts. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewardsof ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion ofa contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Other accounting policies

    Objectives and activities1. The company was set up by ICEA to provide increased employment opportunities and services for the local community.2. A Community Interest Company was chosen with the principle objectives that:i. all members of the community would be able to use its facilities ii. a team of people with appropriate professional knowledge could be found to manage the project and bring it to a successful conclusion on behalf of the ICEA, charity no.1058664.

THORNBURY PLAY & LEARN NURSERY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 8 7

THORNBURY PLAY & LEARN NURSERY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 8,289 9,108
Accruals and deferred income 0 0
Other creditors 516 516
Total 8,805 9,624

COMMUNITY INTEREST ANNUAL REPORT

THORNBURY PLAY & LEARN NURSERY CIC

Company Number: 09891150 (England and Wales)

Year Ending: 31 March 2023

Company activities and impact

The company runs a day nursery for working and busy mums. The company places particular emphasis on teaching children through playing and learning activities.The company’s business since incorporation has benefited the local community in the following ways:* A safe environment for the young children to play and learn in* Working mums have a convenient and safe place to leave their children and pick up when they have finished work or their chores.* Trained and experienced manager available for advise* Trained and experienced staff who are from the local community and theyunderstand customer needs and culture.

Consultation with stakeholders

The company’s stakeholders are trustees and members of ICEA. Most of thetrustees are locals to the area and have an understanding of the needs of the local community.The ICEA owns the land and building which it has allocated for the company’s nursery play and learn activities.The director of the company was selected by ICEA trustees to represent them and act on their behalf in regards the company.The director seeks advise from the company’s manager and locals in order to improve the facilities provided

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
31 July 2023

And signed on behalf of the board by:
Name: Mohammed Ashfaq
Status: Director