Standish Under 5's Limited 11347439 false 2022-09-01 2023-08-31 2023-08-31 The principal activity of the company is Nursery School Digita Accounts Production Advanced 6.30.9574.0 true 11347439 2022-09-01 2023-08-31 11347439 2023-08-31 11347439 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 11347439 bus:SmallEntities 2022-09-01 2023-08-31 11347439 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 11347439 bus:FullAccounts 2022-09-01 2023-08-31 11347439 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 11347439 bus:RegisteredOffice 2022-09-01 2023-08-31 11347439 bus:Director1 2022-09-01 2023-08-31 11347439 bus:Director2 2022-09-01 2023-08-31 11347439 bus:Director3 2022-09-01 2023-08-31 11347439 bus:Director4 2022-09-01 2023-08-31 11347439 bus:Director5 2022-09-01 2023-08-31 11347439 bus:CompanyLimitedByGuarantee 2022-09-01 2023-08-31 11347439 countries:AllCountries 2022-09-01 2023-08-31 11347439 2021-09-01 2022-08-31 11347439 2022-08-31 11347439 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-31 iso4217:GBP xbrli:pure

Registration number: 11347439
Charity number :1179432

Standish Under 5's Limited

(Charity and Company Limited by Guarantee)

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2023

 

Standish Under 5's Limited

Contents

Charity and Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Standish Under 5's Limited

Charity and Company Information

Directors
and
Trustees

Mrs Katie Wallington

Mrs Emily Sarah Atkinson Roberts

Mr Adam Marsh

Miss Davina Perry

Mrs Victoria Rimmington

Registered office

Kenyon Road
Standish
Wigan
Lancashire
WN6 0NX

Accountants

McGinty Demack
Chartered Certified
Vermont House
Bradley Lane
Standish
Lancashire
WN6 0XF

 

Standish Under 5's Limited

(Registration number: 11347439)
Balance Sheet as at 31 August 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

13,294

11,731

Creditors: Amounts falling due within one year

5

(660)

(735)

Net assets

 

12,634

10,996

Reserves

 

Retained earnings

12,634

10,996

Surplus

 

12,634

10,996

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 3 November 2023 and signed on its behalf by:
 

 

Standish Under 5's Limited

(Registration number: 11347439)
Balance Sheet as at 31 August 2023

.........................................
Mrs Katie Wallington
Director

.........................................
Mrs Emily Sarah Atkinson Roberts
Director

 

Standish Under 5's Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

1

General information

The company is a charity and company limited by guarantee, incorporated in England & Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the company in the event of liquidation.

The address of its registered office is:
Kenyon Road
Standish
Wigan
Lancashire
WN6 0NX
England

These financial statements were authorised for issue by the Board on 3 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 1 02 Section 1A - The Charities SORP (FRS 102) 'Accounting and Reporting by Charities Statement of Recommended Practice applicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

 

Standish Under 5's Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Income resources

Incoming resources, which primarily represent fee income from the provision of educational services, are recognized on the year in which the services are provided, and grant income is recognized in the year to which the grant relates.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the charity and company's activities

Resources expended

All expenditure is accounted for on an accruals basis and resources expended and recognized in the year in which goods or services are received.

Fund Accounting

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the company.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Standish Under 5's Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 13 (2022 - 17).

 

Standish Under 5's Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

4

Debtors

Current

2023
£

2022
£

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

660

734

Other creditors

-

1

660

735