EARLY BIRD PRE-SCHOOL CIC

Company limited by guarantee

Company Registration Number:
10085658 (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

EARLY BIRD PRE-SCHOOL 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

EARLY BIRD PRE-SCHOOL 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 principal activity of the company during the year was the provision of pre-school education facilities.



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Mrs C D Skewis
Mrs L Wade
Mrs N Elliott
Mrs E Connah


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
10 December 2024

And signed on behalf of the board by:
Name: Mrs C D Skewis
Status: Director

EARLY BIRD PRE-SCHOOL CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 361,025 220,389
Cost of sales: ( 280,499 ) ( 140,450 )
Gross profit(or loss): 80,526 79,939
Administrative expenses: ( 160,837 ) ( 112,293 )
Other operating income: 4,506 3,198
Operating profit(or loss): (75,805) (29,156)
Interest receivable and similar income: 819 309
Interest payable and similar charges: ( 33 ) 0
Profit(or loss) before tax: (75,019) (28,847)
Tax: ( 287 ) ( 303 )
Profit(or loss) for the financial year: (75,306) (29,150)

EARLY BIRD PRE-SCHOOL CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 4,834 3,323
Total fixed assets: 4,834 3,323
Current assets
Debtors: 4 1,425 228
Cash at bank and in hand: 36,697 94,991
Total current assets: 38,122 95,219
Creditors: amounts falling due within one year: 5 ( 65,312 ) ( 45,879 )
Net current assets (liabilities): (27,190) 49,340
Total assets less current liabilities: (22,356) 52,663
Provision for liabilities: ( 590 ) ( 303 )
Total net assets (liabilities): (22,946) 52,360
Members' funds
Profit and loss account: (22,946) 52,360
Total members' funds: ( 22,946) 52,360

The notes form part of these financial statements

EARLY BIRD PRE-SCHOOL 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 10 December 2024
and signed on behalf of the board by:

Name: Mrs C D Skewis
Status: Director

The notes form part of these financial statements

EARLY BIRD PRE-SCHOOL 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery 25% reducing balance Fixtures & fittings 25% reducing balance Computer equipment straight line over 3 years

    Other accounting policies

    Basis of preparation The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. Presentation currency The accounts are presented in £ sterling.

EARLY BIRD PRE-SCHOOL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 23 20

EARLY BIRD PRE-SCHOOL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 6,202 5,042 6,140 17,384
Additions 2,297 1,103 3,400
Disposals
Revaluations
Transfers
At 31 March 2024 8,499 5,042 7,243 20,784
Depreciation
At 1 April 2023 3,827 4,369 5,865 14,061
Charge for year 1,168 168 553 1,889
On disposals
Other adjustments
At 31 March 2024 4,995 4,537 6,418 15,950
Net book value
At 31 March 2024 3,504 505 825 4,834
At 31 March 2023 2,375 673 275 3,323

EARLY BIRD PRE-SCHOOL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 1,425 228
Total 1,425 228

EARLY BIRD PRE-SCHOOL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 829 714
Taxation and social security 11,109 3,489
Accruals and deferred income 51,514 40,629
Other creditors 1,860 1,047
Total 65,312 45,879

COMMUNITY INTEREST ANNUAL REPORT

EARLY BIRD PRE-SCHOOL CIC

Company Number: 10085658 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

The company runs pre-schools to provide Early Years education and care following the Early Years Foundation Stage statutory framework, to pre-school aged children between the ages of 1 and 4 years. The pre-schools are inspected by Ofsted. The communities have benefitted in the following ways: A safe pre-school environment has been provided which has promoted the spiritual, moral, cultural, mental, and physical development of the children in the pre-school. The pre-schools follows the government Early Years Foundation Stage Curriculum and are inspected by Ofsted. The pre-schools provide employment within the surrounding areas. The pre-schools welcome local families on regular stay and play sessions with early years professionals on hand to support and advise. Training facilities are provided for childcare professionals to facilitate the passing of information and professional collaboration.

Consultation with stakeholders

The company’s stakeholders are the children attending the pre-schools and the parents and carers of these children. The children are always listened to, and child-initiated play is standard practice. Regular parent/carers evenings are held where concerns and ideas are discussed. Parents are also regularly consulted on opening times, services offered, and we also consult on any changes to the provisions. A leavers questionnaire is sent out to the parents/carers of all children leaving the pre-schools asking for feedback on what we do and any improvements or changes that we could implement. We work with all the local schools and other providers to ensure the needs of the children are always met. We regularly attend network meetings for the local areas as well as county wide to ensure we are up to date with any changes to legislation that may affect our stakeholders. We run a Saturday group 8 times a year for families who attend the pre-schools and for new families on our waiting list. This is to encourage positive relationships between ourselves and the families.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £95,992. 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
24 December 2024

And signed on behalf of the board by:
Name: C D Skewis
Status: Director