WILD SPARKS OUTDOOR PLAY CIC

Company limited by guarantee

Company Registration Number:
SC469829 (Scotland)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

WILD SPARKS OUTDOOR PLAY CIC

Contents of the Financial Statements

for the Period Ended 28 February 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

WILD SPARKS OUTDOOR PLAY CIC

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Directors

The directors shown below have held office during the whole of the period from
1 March 2023 to 28 February 2024

A WARREN
S WILLIAMS


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
20 November 2024

And signed on behalf of the board by:
Name: A WARREN
Status: Director

WILD SPARKS OUTDOOR PLAY CIC

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 4,846 5,324
Total fixed assets: 4,846 5,324
Current assets
Debtors: 4 2,866 1,963
Cash at bank and in hand: 15,861 21,543
Total current assets: 18,727 23,506
Prepayments and accrued income: 408 424
Creditors: amounts falling due within one year: 5 ( 3,589 ) ( 8,791 )
Net current assets (liabilities): 15,546 15,139
Total assets less current liabilities: 20,392 20,463
Total net assets (liabilities): 20,392 20,463
Members' funds
Profit and loss account: 20,392 20,463
Total members' funds: 20,392 20,463

The notes form part of these financial statements

WILD SPARKS OUTDOOR PLAY CIC

Balance sheet statements

For the year ending 28 February 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 20 November 2024
and signed on behalf of the board by:

Name: A WARREN
Status: Director

The notes form part of these financial statements

WILD SPARKS OUTDOOR PLAY CIC

Notes to the Financial Statements

for the Period Ended 28 February 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 represents the total invoiced for all services together with all grant funding and donations received.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 25% on cost

    Other accounting policies

    Pension costs and other post-retirement benefits The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

WILD SPARKS OUTDOOR PLAY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 6

WILD SPARKS OUTDOOR PLAY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 23,209 23,209
Additions 1,138 1,138
Disposals
Revaluations
Transfers
At 28 February 2024 24,347 24,347
Depreciation
At 1 March 2023 17,885 17,885
Charge for year 1,616 1,616
On disposals
Other adjustments
At 28 February 2024 19,501 19,501
Net book value
At 28 February 2024 4,846 4,846
At 28 February 2023 5,324 5,324

WILD SPARKS OUTDOOR PLAY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Debtors

2024 2023
£ £
Trade debtors 2,866 1,963
Total 2,866 1,963

WILD SPARKS OUTDOOR PLAY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 852
Taxation and social security 95 1,525
Other creditors 3,494 6,414
Total 3,589 8,791

COMMUNITY INTEREST ANNUAL REPORT

WILD SPARKS OUTDOOR PLAY CIC

Company Number: SC469829 (Scotland)

Year Ending: 28 February 2024

Company activities and impact

Wild Sparks provides outdoor play and learning experiences for children and families, primarily through an outdoor nursery for children aged 3 - 8 years. From March 2023 - Feb 2024 we delivered 152 nursery sessions, providing early learning and childcare inn line with Care Inspectorate and Education Scotland requirements and standards. Wild Sparks provides part time employment for 6 staff, at a FTE of 3.5 full time roles. All staff receive training and support with professional development.

Consultation with stakeholders

Wild Sparks stakeholders are the parents, teachers/professionals and children who use our services. We engaged them as follows: Online surveys for parents Regular consultation and group discussion work with children attending nursery sessions Full self-evaluation against Education Scotland guidance for Early Learning and childcare, in partnership with staff and stakeholders. Parent consultation informed our Centre Improvement planning priorities for 2024-25. We have updated our policy and practices to reflect the needs and wishes of our stakeholders, recent examples include the introduction of more face to face meetings with parents and broadening the ways parents can attend and join in with the nursery. WE continue to tailor our support to include the most vulnerable families, working with partner organisations to provide holistic family support to those whose children have ASN or are facing other challenges. Children are at the heart of the nursery’s planning and development and they are actively involved in changes throughout the nursery.

Directors' remuneration

Directors salaries of £17,840 were paid during the year. 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.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 November 2024

And signed on behalf of the board by:
Name: A WARREN
Status: Director