for the Period Ended 31 March 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 31 March 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
2 December 2022
to
31 March 2024
The directors shown below have held office during the period of
2 December 2022
to
30 July 2023
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
16 months to 31 March 2024 | ||
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£ |
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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 | 16 months to 31 March 2024 | ||
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£ |
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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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Provision for liabilities: |
(
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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 31 March 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 March 2024
16 months to 31 March 2024 | ||
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Average number of employees during the period |
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for the Period Ended 31 March 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 March 2024 |
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Depreciation | ||||||
Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 March 2024 |
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Net book value | ||||||
At 31 March 2024 |
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for the Period Ended 31 March 2024
16 months to 31 March 2024 | ||
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£ | ||
Other debtors |
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Total |
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for the Period Ended 31 March 2024
16 months to 31 March 2024 | ||
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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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The company is a not-for-profit nursery for children aged 0-5 years old which opened on the 3rd April 2023 after the previous private nursery closed. It is run by a community of local parents and staff, in a converted town house building on Duns main street, with easy access to town facilities and green spaces. The nursery directly benefits the local community of Duns and its surrounding villages. The nursery is a year-round setting; open 50 weeks, closed only over the Christmas period. Monday to Friday, 07:30 until 18:00 and it offers half days and full days for non-funded children and flexible hours for funded children. There is a holiday club for 2-5 year olds that enables children who go to other term time nurseries to join. The local council (Scottish Borders Council (SBC)) has given the setting a strong backing and has granted funded places for children 2-5 years old. The nursery currently has 51 local children registered at the nursery (more awaiting to join) and it employs 13 permanent members of staff and 6 cover staff from the area.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
22 September 2024
And signed on behalf of the board by:
Name: Joanna Grace Aline Gardner
Status: Director