RAINBOW KIDZ CIC

Company limited by guarantee

Company Registration Number:
13397620 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 June 2022

End date: 31 May 2023

RAINBOW KIDZ CIC

Contents of the Financial Statements

for the Period Ended 31 May 2023

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

RAINBOW KIDZ CIC

Directors' report period ended 31 May 2023

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

Directors

The directors shown below have held office during the whole of the period from
1 June 2022 to 31 May 2023

Hope Blake
Zachary Buddington
Jennifer Clarke
Carole McDonald
Pamela McDonald


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
17 January 2024

And signed on behalf of the board by:
Name: Pamela McDonald
Status: Director

RAINBOW KIDZ CIC

Profit And Loss Account

for the Period Ended 31 May 2023

2023 13 months to 31 May 2022


£

£
Turnover: 156 174
Cost of sales: ( 7,088 ) ( 166 )
Gross profit(or loss): (6,932) 8
Distribution costs: 0 0
Administrative expenses: ( 17,084 ) ( 3,991 )
Other operating income: 24,009 3,984
Operating profit(or loss): (7) 1
Profit(or loss) before tax: (7) 1
Profit(or loss) for the financial year: (7) 1

RAINBOW KIDZ CIC

Balance sheet

As at 31 May 2023

Notes 2023 13 months to 31 May 2022


£

£
Current assets
Cash at bank and in hand: 544 1
Total current assets: 544 1
Net current assets (liabilities): 544 1
Total assets less current liabilities: 544 1
Accruals and deferred income: ( 550 )
Total net assets (liabilities): (6) 1
Members' funds
Profit and loss account: (6) 1
Total members' funds: ( 6) 1

The notes form part of these financial statements

RAINBOW KIDZ CIC

Balance sheet statements

For the year ending 31 May 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 17 January 2024
and signed on behalf of the board by:

Name: Jennifer Clarke
Status: Director

The notes form part of these financial statements

RAINBOW KIDZ CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

RAINBOW KIDZ CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 13 months to 31 May 2022
    Average number of employees during the period 7 5

COMMUNITY INTEREST ANNUAL REPORT

RAINBOW KIDZ CIC

Company Number: 13397620 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

Rainbow Kidz Childcare provide services for the families of the local community. We started our services in January 2022 running a stay and play session for children aged 0 – 3 years old during the school term. The children access the provision with their parent or carer every Wednesday from 9.15 – 11.15. We provide play activities which promote learning and social skills for the children and the session also reduces isolation for families especially since the covid -19 infection. Whilst the sessions have been running, we have supported some parents to access training and employment by sign posting them to various services. We have supported one of our parents to build on her career enabling her to support other families advice about the living crisis with tips and ideas how to save money. During the school holidays we provide a holiday club where children aged 5 – 11 can access fun, creative and learning activities. The club is free for children who receive benefit related free school meals and we also offer spaces for paying children at a low-cost rate. Parents leave their children at the clubs with experienced and qualified staff in a warm, safe and friendly environment. During the clubs the children learn about healthy eating, growing vegetables, cooking skills and they have lots of fun physical games. Each day the children have a hot healthy meal and fruit, snacks and water throughout the day.During the holiday clubs we have now increased our numbers of children with SEND and we ensure the children feel inclusive in all aspects of the holiday club. Parents of children with SEND can have respite while their children attend the holiday clubs.Since April 2023 the families on our registration have increased enabling us to support the wider community and more families are contacting us due to word of mouth and our leaflets.Our services have enabled parents to:Meet, socialise and come back together as a community since covid 19Access information to other services such as health, employment and benefitsGain part-time employment and continue to work during school holidaysAccess the food bank provided by the Church Form friendships and social groups

Consultation with stakeholders

Our Companies Stakeholders are the local parents /carers and children who access our childcare services. During our play and stay sessions we talk to parents/carers to see what activities or services they would like information on. From our consultation with parent’s, we now provide a range of information and leaflets on employment and job search, benefits, child health services and healthy eating. We are also planning to invite health practitioners to the stay and play sessions such as dental services, baby massage and healthy eating services to talk to parents. We also signpost parents to other services to support their needs. Parents also informed us that during school holidays there were no local holiday clubs available in their local schools or community buildings. From this information we started providing school holiday clubs for children aged 5 – 11 starting in April 2022. These clubs are very popular and the number continue to rise. During the holiday clubs we use a simple feedback form for the children to fill out at the end of the week to tell us what they enjoyed and what they would like to do during the club. This information helps us to plan for the holiday club catering for the children’s interests. We consult the parents by asking them to fill out a questionnaire at the end of the club to give us feedback about their children’s experiences and also whether they would like their children to attend future clubs.

Directors' remuneration

The total amount of Directors salaries paid was £8,014There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 January 2024

And signed on behalf of the board by:
Name: Jennifer Clarke
Status: Director