for the Period Ended 30 April 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 April 2024
Directors
The directors shown below have held office during the whole of the period from
1 May 2023
to
30 April 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Administrative expenses: |
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Operating profit(or loss): |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 2023 | |
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Debtors: | 4 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 5 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 6 |
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Total net assets (liabilities): |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Total Shareholders' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 April 2024
Basis of measurement and preparation
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 April 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 30 April 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 May 2023 |
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Additions |
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Disposals | ||||||
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Transfers | ||||||
At 30 April 2024 |
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Depreciation | ||||||
At 1 May 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 30 April 2024 |
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Net book value | ||||||
At 30 April 2024 |
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At 30 April 2023 |
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for the Period Ended 30 April 2024
2024 | 2023 | |
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£ | £ | |
Prepayments and accrued income |
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Other debtors |
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Total |
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for the Period Ended 30 April 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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for the Period Ended 30 April 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Total |
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The company operates two Ofsted-registered pre-school nurseries in Corbridge and Ponteland, with the latter having opened during the 2017 financial year within the Children’s Centre. The opening of the new Ponteland nursery has enabled the company to grow substantially during the last five years. Moreover, it has helped to meet local demand for childcare, and to secure the future of the Children’s Centre which had previously been threatened with closure. The prospect of closure was met with considerable opposition by the local community, and the launch of the new nursery means that key services for parents are now able to continue to operate at the centre as before. Little Tinklers provides a service to the local communities, catering for parents who work full and part time, rota shifts and those who need wrap around care from our partner schools and settings. We support parents returning to work through 30hr funded places, as well as offering childcare to students with families, those on low income and social service placements. We work closely with other schools, settings, health professionals, etc. to offer excellent standards of care for each child with dedicated key workers, personalised learning journals and broad and rich activities and experiences for each child. We have built excellent links with our local area, particularly nearby residential care homes, where we make regular visits with our children to share meaningful experiences, our local church where children learn about our community spirit through messy Church and the annual Christmas tree festival. We also have developed our own ‘secret woods’ with support from ‘Teaching Trees’ which the children access regularly to enhance their learning. Little Tinklers has strong links with our local authority. We work together to provide equal access to resources and experiences available for children who use the settings as well as all children in Centres the focal community, through hosting regular stay and play sessions with planned activities and useful information, weekly baby group sessions for parents to meet, chat to health professionals and access support, prominent displays with information about local services such as parenting classes, life Skills, first aid, cookery. etc as well as termly leaflets for all parents to access ‘what’s on’. We were also involved in a number of community events throughout the 2023/24 year, such as running the creche at the Northumberland show, supporting our local food banks and litter picking with the green party.
No consultation with stakeholders
Directors’ remuneration in the year amounted to £143,750 (2023: £78,028). There 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
No transfer of assets other than for full consideration
This report was approved by the board of directors on
19 July 2024
And signed on behalf of the board by:
Name: G Lester
Status: Director