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 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

THORNBURY PLAY & LEARN NURSERY CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

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 2023 to 31 March 2024

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
30 July 2024

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 2024

2024 2023


£

£
Turnover: 89,835 74,488
Cost of sales: ( 67,201 ) ( 89,571 )
Gross profit(or loss): 22,634 (15,083)
Administrative expenses: ( 32,989 ) ( 27,152 )
Operating profit(or loss): (10,355) (42,235)
Profit(or loss) before tax: (10,355) (42,235)
Profit(or loss) for the financial year: (10,355) (42,235)

THORNBURY PLAY & LEARN NURSERY CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 9,697 20,567
Total current assets: 9,697 20,567
Creditors: amounts falling due within one year: 3 ( 8,289 ) ( 8,804 )
Net current assets (liabilities): 1,408 11,763
Total assets less current liabilities: 1,408 11,763
Total net assets (liabilities): 1,408 11,763
Members' funds
Profit and loss account: 1,408 11,763
Total members' funds: 1,408 11,763

The notes form part of these financial statements

THORNBURY PLAY & LEARN NURSERY CIC

Balance sheet statements

For the year ending 31 March 2024 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 30 July 2024
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 2024

  • 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 and net of 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 rewards of 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 of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Other accounting policies

    The company was set up by ICEA to provide increased employment opportunities and services for the local community. A Community Interest Company was chosen with the principle objectives that a. all members of the community would be able to use its facilities b. 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.

THORNBURY PLAY & LEARN NURSERY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 7 8

THORNBURY PLAY & LEARN NURSERY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 6,631 8,289
Other creditors 1,658 515
Total 8,289 8,804

COMMUNITY INTEREST ANNUAL REPORT

THORNBURY PLAY & LEARN NURSERY CIC

Company Number: 09891150 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

The company runs a day nursery for working and busy mums. The company in 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 they understand customer needs and culture.

Consultation with stakeholders

Consultation with stakeholders The company’s stakeholders are trustees and members of ICEA. Most of the trustees 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 local community 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
30 July 2024

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